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Author Topic: On retirement  (Read 649 times)
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December 08, 2023, 06:12:22 PM
 #41

Theres a very unlikely sounding club that aims to retire at 30.  That should be impossible in theory but they do it in a clever way and despite your outline I think they view retirement as secured costs to living but likely still earning in some capacity shape or form.
  Quite a few people retire from a main job but then continue to work in some other job opportunity they might have, usually a nicer or easier job perhaps far away from the city so qualifying as retirement from the big fuss of cities.  Retirement varies too much especially nowadays, I doubt I'd ever trust not working at all unless very rich then maybe you fish for fun and sell the excess as a job, dream retirement.

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December 08, 2023, 06:18:02 PM
 #42

Retirement means we stop working, not stop trying to make money. Because after retirement we also still have a life and still have to live. and also fulfill a need. And to make money at an age that is no longer young, we can start investing from now on, so that later after retirement we don't bother other people too much just for the cost of food and others.

And don't even think about stopping work and retiring early, unless you have prepared everything, at least you have a savings or some investments. And speaking of what we should do when after retirement, there are many things we can do and one of them is providing education to your children and grandchildren. Because what is very important for us to pass on to a child is not a sum of money, but a myriad of knowledge as their provision to continue to live life.

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December 08, 2023, 06:28:34 PM
 #43

Now, I'll be honest, I dunno what I am driving at but I wanted to spark topic about retirement. Now, you go,
Retirement occurs when we no longer work as usual and no longer receive the usual salary each month. The work we do when we are not retired will get used to it when we retire. I don't think there is a worker who doesn't like work while still active.
My definite goal when I retire is to enjoy time with the work that I often did as a hobby at that time.

In my place, the term pension is still getting a regular salary every month for those who work as government employees. For those who work outside the government, I rarely find them receiving benefits from the company they have worked for.
I see that your response has some truth to it, and according to several sources that I have obtained, retirement means that someone who no longer works due to age limits must be dismissed. Or at your own request. And a retiree is usually entitled to pension/severance pay.
However, I see that not all jobs apply this system, there are also those who don't get anything. Sometimes I also see companies that do not apply retirement rules to those who have reached the age limit (company policy). I consider retirement the same as stopping working at someone else's place (employee).
For an entrepreneur there may be no rules regarding pensions because pensions only apply to employees.

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December 08, 2023, 06:35:25 PM
 #44

What term retirement usually denotes to is, to stop working. People often don't like job, so to retire usually tends to be on top of the list. However, if one likes what he does, he will do something similar to pass the time even after retirement.
Even if you like your job and what you do does not feel as if you are working at all, we must remember that as we get older we will lose some of that energy we had when we were young and some of our health as well, so it is reasonable even for those people to retire, however I suspect this is going to get harder and harder, as most people are doing their utmost effort just to afford the bare essentials, while the pension systems all over the world are bankrupt as well, so unless you save your own money and invest it, retiring could be nothing but a dream for most people out there.
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December 08, 2023, 06:56:28 PM
 #45

What term retirement usually denotes to is, to stop working. People often don't like job, so to retire usually tends to be on top of the list. However, if one likes what he does, he will do something similar to pass the time even after retirement.

Now, I'll be honest, I dunno what I am driving at but I wanted to spark topic about retirement. Now, you go,

Retirement is usually used by office workers who feel bored with their routine or workers who have time to stop working because of age, but many people end up confused about what they will do after retirement, always remember that never let them envy you. if you are not productive, you will only make yourself useless if you continue to be unproductive, if you really like something related to work and money then you have to keep doing that, never retire, and stop being productive. Retirement is everyone's dream, but often retirement is a trap to make someone unproductive.

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December 08, 2023, 09:34:04 PM
 #46

What term retirement usually denotes to is, to stop working. People often don't like job, so to retire usually tends to be on top of the list. However, if one likes what he does, he will do something similar to pass the time even after retirement.

Now, I'll be honest, I dunno what I am driving at but I wanted to spark topic about retirement. Now, you go,
You will be the one to define what kind of retirement do you want and how will you retire happy and financially free and ready? There’s a lot of options for you to retire well and its up to you now on where to focus more. Only few can retire happy and with money, they prepared for this and they know that the time will come for them to retire. Cryptocurrency might still be the riskiest way to prepare for your retirement, but who knows you might see crypto on its very peak during that time, and the risk that you take today will be more worth it.
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December 08, 2023, 09:38:39 PM
 #47

What term retirement usually denotes to is, to stop working. People often don't like job, so to retire usually tends to be on top of the list. However, if one likes what he does, he will do something similar to pass the time even after retirement.

Now, I'll be honest, I dunno what I am driving at but I wanted to spark topic about retirement. Now, you go,

The vast majority of people are stuck in jobs to pay the bills and not necessarily because they want to do it, but then again jobs can often give some people a purpose in life and a reason to get out of bed in the morning. A lot of people often have a hard time adjusting to working for 40 years and then having to let go of that routine, so it can be a painful transition period, especially if they are pushed out involuntarily which often happens with redundancies. I enjoy my work luckily enough, but if I was given a million tomorrow it would definitely set me up to retire long before the usual retirement age and I could happily find things to fill my free time, although you have to make an extra effort to socialize because people are social animals.

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December 08, 2023, 09:46:37 PM
 #48

What term retirement usually denotes to is, to stop working. People often don't like job, so to retire usually tends to be on top of the list. However, if one likes what he does, he will do something similar to pass the time even after retirement.

Now, I'll be honest, I dunno what I am driving at but I wanted to spark topic about retirement. Now, you go,
I think retirement doesn't really mean that you'll stop working. It means that you'd retire from your corporate job but you'd still do things that you've used to do whether they make you earn money or not. It's just like releasing loads of works and you're free from stress and that's what makes someone retire for real. Look at the ultra rich people, they have all the means to retire and stop working and spend all their riches until they're dead but they don't just stop, they keep working on but with lesser loads and tasks. Maybe, that's what really retirement is.

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December 08, 2023, 09:48:50 PM
Merited by The Sceptical Chymist (2)
 #49



Now, I'll be honest, I dunno what I am driving at but I wanted to spark topic about retirement. Now, you go,
When the driver does not know where he or she is driving to, it's possible for the passengers to direct him or her where to drive to right?  Grin, that's right.

To be honest with you and to everyone else reading, retirement is something I personally don't really fancy, I am ready to work for as long as I can provided I am not working for money, I just wanna be so rich, wealthy and comfortable that, passion should be what drives me to work, not the need for money, work driven by money is deceptive, but work driven by passion is original.
I can work till my old age provided my reason for working is not because i need money, but because I love what I do and enjoy doing it, staying at home all day doing nothing all in the name of retirement is very boring for me.

 
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December 08, 2023, 10:36:05 PM
 #50

What term retirement usually denotes to is, to stop working. People often don't like job, so to retire usually tends to be on top of the list. However, if one likes what he does, he will do something similar to pass the time even after retirement.

Now, I'll be honest, I dunno what I am driving at but I wanted to spark topic about retirement. Now, you go,
Retirement does not mean that you'll be stop working eventually. That is only a choice. But if you have your own business or investment, then you can still work on it hands on so that the rate of success will be higher. However, if your old age makes you incapable already, then that's the time to just focus and rely on your retirement. Or you can still rely from your business profits depending how it works based on how that trusted person manages your business.

But most likely, your retirement should be your best time to enjoy yourself and feel the freedom that comes with retirement age. Unfortunately, some who also reach retirement age are also struggling with their own diseases that made them being deprived to enjoy their last days in the universe.
 

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December 08, 2023, 11:14:19 PM
 #51

What term retirement usually denotes to is, to stop working. People often don't like job, so to retire usually tends to be on top of the list. However, if one likes what he does, he will do something similar to pass the time even after retirement.

Now, I'll be honest, I dunno what I am driving at but I wanted to spark topic about retirement. Now, you go,


Well,  when such a moment arrives it does not seem to be the best, yes it is strange, but at least it is my sensation not of readings or guides for the retreat, but of real people that I have been able to meet along way...

In general, I think that, retirement is very linked to how easy or difficult on the activity you have carried out throughout your life, and in that idea, as I mentioned, it can be easy or very difficult, then, those who somehow way they could "enjoy" what they were doing, they chose to continue with their own businesses or semi-retire. In fact, they enjoy being in those "fights."

Then I have been able to meet, even relatives who literally retire and do nothing but "live."

On the other hand, I was closely touched by a relative who was a teacher for more than 30 years, and leaving her activities has been tremendously hard, she goes through phases where she hears the bell for recess and dismissal, hears voices, etc. She is in therapy and, as she told me, she practically retired to get sick and dedicate herself to her health.

Anyway, as I said, it is not such an easy topic, but if it is planned in a certain way, those who can can make a retreat for the third age very happily, at least maybe there is that possibility.

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December 08, 2023, 11:31:24 PM
 #52

Nope. What you just said is unemployment. Retirement is not having the yoke of responsibilities and financial worries strapped over your shoulders, allowing you to enjoy all the things you want without having to worry about dragging yourself to work tomorrow, or where’d you get the money to buy food for the next few days. That is true retirement to say the least.

People of course become bored after some time, which is why they do stuff to cover time they would’ve used to go to work. Yes retired people still go to work sometimes, but it’s pretty much for a different reason now.
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December 09, 2023, 12:13:46 AM
 #53

What term retirement usually denotes to is, to stop working. People often don't like job, so to retire usually tends to be on top of the list. However, if one likes what he does, he will do something similar to pass the time even after retirement.
This is true.

Someone who likes what he's been doing if it's a job or a hobby that makes him happy and earn money, he'll never retire to that. Who likes job? We all hate it when we're working on a job that we don't like but we have to go to office for our needs and salary.

But it's a different thing if it's about retirement, we all want to get out of the zone where we're always monitored by the company, scolded by the boss sometimes.

That's why those old people that don't retire but keep going on with their passion or hobby and fortunately, they're making money out of it, they don't see it as a job but just having fun and no word as retirement to them will be heard.

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December 09, 2023, 03:22:42 AM
 #54

For me, waiting for retirement to be able to enjoy the results of hard work is not the main thing. Because retirement is always synonymous with old age, even though if you are old then the enjoyment will definitely decrease. So I think it will be difficult to enjoy it. Therefore, I do not make it a rule that retirement is the main goal for relaxing. But I will carry out all the work that I do in a relaxed manner. That way, I will continue to enjoy my youth, without wasting my potential to look for provisions for old age.

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December 09, 2023, 06:24:04 AM
 #55

Theres a very unlikely sounding club that aims to retire at 30.  That should be impossible in theory but they do it in a clever way and despite your outline I think they view retirement as secured costs to living but likely still earning in some capacity shape or form.
  Quite a few people retire from a main job but then continue to work in some other job opportunity they might have, usually a nicer or easier job perhaps far away from the city so qualifying as retirement from the big fuss of cities.  Retirement varies too much especially nowadays, I doubt I'd ever trust not working at all unless very rich then maybe you fish for fun and sell the excess as a job, dream retirement.

I know someone like that. It was when I was young that he was petitioned to the U.S. and completed a military course. At the same time, he was also able to work as a military officer there, and he was even assigned somewhere in Iraq.

To make a long story short, at the age of 35 years old, he filed for early retirement. The benefits he got from the U.S., if I am not mistaken, up until now have included a pension amounting to around $1,000–$12,000 monthly. And for what he was doing now, he was traveling everywhere he wanted, investing, and I don't know if he knows about Bitcoin or cryptocurrency.

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December 09, 2023, 09:20:02 AM
 #56

Let's be honest, if a person loves what they do, they will probably find a way to do it after they retire. How do you see your average return? In many countries it is difficult to live on a pension alone, so it is necessary to look for additional types of income.Cryptocurrency is just what you need, you could say it’s a hobby in retirement.
Right, especially in our country after retirement who's got a pension ( it's depend on job, some good government's employee getting a big amount of money which is enough to lead good life in rest of life) but mostly people's did not get enough money to lead good life, they have to earn extra money in different sectors otherwise it's not possible to lead better life.

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December 09, 2023, 10:19:18 AM
 #57

What term retirement usually denotes to is, to stop working. People often don't like job, so to retire usually tends to be on top of the list. However, if one likes what he does, he will do something similar to pass the time even after retirement.

Now, I'll be honest, I dunno what I am driving at but I wanted to spark topic about retirement. Now, you go,
we've gotten to a point where retirement had almost been given a contextual meaning. In the circular world and for people that are into the civil service jobs, it is mainly the period when the workers have served a reasonable number of year's and their service might have gone obsolete and they will have to pay them off and find a replacement that is updated with the reality of the moment. Because of how the whole system is structured, it normally takes long before one goes into his retirement phase and normally doesn't have enough time to enjoy the dividend of his past labour before finally passing away.

A self employed person can also set out his retirement goals when h will have to shift the responsibility he is carrying to someone else and might use that retirement period to go into activity that are not stressful and demanding. He can just use that time to travel around and might only be doing more speaking at event and sharing of his experiences to people that are new in the sector.

Retirement is what everyone should definitely plan for himself so one can enjoy his after service life.

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December 09, 2023, 11:00:03 AM
 #58

Yes, retirement is doing something you want to do. It's been years now since I stopped doing the 8-5 daily office cycle. I missed it somehow and I might take another 8-5 if it's I am very interested, like traveling and maybe teaching history or social studies.

However, my main goal is to have a stable business that is inclined to my hobbies and interests. The difference though when having a business is there are risks like losing money and failing to profit. While having an interesting job in a company is financially risk-free.

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December 09, 2023, 11:24:09 AM
 #59

Yes, retirement is doing something you want to do. It's been years now since I stopped doing the 8-5 daily office cycle. I missed it somehow and I might take another 8-5 if it's I am very interested, like traveling and maybe teaching history or social studies.

However, my main goal is to have a stable business that is inclined to my hobbies and interests. The difference though when having a business is there are risks like losing money and failing to profit. While having an interesting job in a company is financially risk-free.

Being retired, you are able to do more and you have a lot of time to accomplish all the things that you didn't make from the several past years.
the best thing of being retired is the freedom to do just as you please, and not do the things you don’t want to do. It's a good idea to have your stable business which suits you and connected to your interest because if that so, you are able to handle it more confidently. As you've said, having a business comes with a risk of losing money which is common part of having a business.. you have to believe in yourself that you can do a lot better, especially now that you are focusing in your business and you have all your time to spend more on it while enjoying handling it.



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December 09, 2023, 12:35:21 PM
 #60

Retirement is the time when someone decides to stop their job, which has been their routine for many years. Usually, these retirees get their salary every month or all at once when their retirement letter comes out. Those who retire are usually elderly and are no longer considered productive.

Those who are retired try to find other activities to fill their free time. And by having lots of free time, someone can do something they have wanted for a long time. But usually, they will not be able to do it because of their age limitations. But if someone is still of productive age and decides to retire, usually they have already achieved their financial capabilities.

They will not think or worry about how they can meet their needs because they already have a passive source of income. And it would be the best decision for him to retire at a young age because he can focus more on doing other things. This is what today's young generation is trying to find and they are trying to work hard while they still have the opportunity.

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