Student Lounge Do you see yourself retiring in the future?

Do you see yourself retiring in the future?

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  • Sarah
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    It is implicitly assumed that we will retire and that we should all save for retirement. I have no problem with saving money simply by virtue that we should save for rainy days. It is retirement that I have a problem with, fast forward 40 years and I don’t see why I would give up what I love (hopefully I am doing something I love) to stay home and play golf or do whatever it is that will take my fancy. I wanted you guys to weight in on your thoughts on retirement and if you would retire. I think I would be utterly bored after two weeks into retirement.

    Zee Tan
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    I define ‘retirement’ as ‘when I don’t have to work for my daily bread’. I would still do something – but we all have to, even retirees!

    If you mean I have to play golf, then no, I’m not retiring. 😀

    jimmyg
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    With the assumption that I’m doing something I’m passionate about – I see no reason to quit because society expects me to!

    AjFinance
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    Retirement for me would be to start a new phase in life. Maybe start something new, or learn something new. Retirement is not necessarily just rest and relaxation. It would be pursuing a new career or a passion at my own pace without having to worry about the money 🙂

    Reena
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    I agree with @zee and @ajfinance though. I think retirement is not just about doing nothing. It’s about having the freedom to do or try what you want, without worries of bringing in a constant stable income…

    Sophie Macon
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    I think we seem to talk about the same thing here. The implicit assumption is whether current work is what you would do if all jobs/work pay the same… if they do, one would naturally gravitate towards what they love doing, and probably not viewed as a job, hence the concept of retirement wouldn’t exist!

    @diya, you should check out 4 Hour week by Tim Ferriss, definitely changed my perspective 180 degrees!

    christine
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    Don’t stay home just because you hit some age requirement!

    Sarah
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    @Sophie I’ll add it to my list. This forum has doubled my reading list =D

    @AjFinance
    I think if there is some particular talent that you want to learn – start enjoying it today, why delay pleasure to the future?

    AjFinance
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    I think we seem to talk about the same thing here. The implicit assumption is whether current work is what you would do if all jobs/work pay the same… if they do, one would naturally gravitate towards what they love doing, and probably not viewed as a job, hence the concept of retirement wouldn’t exist!

    The Perfect World 8->

    Snippy
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    I feel too young to be commenting on this. I have SO many years left.

    MattyJ
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    If you mean retire as in not go to work, then yes. But I can never see myself not doing something to make money, even if it is done on my own time 🙂

    christine
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    @mattjuniper what if you simply don’t need any more money?

    MattyJ
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    @christine it’s not the need for money that drives me, more the thrill of the chase, and winning 🙂

    christine
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    You may not be as frisky 10-20 years down the line! 😀

    MattyJ
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    Ha ha true…maybe I’ll just buy an island and retire to there 😀

    christine
    Participant
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    Ha ha true…maybe I’ll just buy an island and retire to there 😀

    As long as we all get invites to party there too.

    Sophie Macon
    Keymaster
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    And not burn down your house like Richard Branson and his island!

    AjFinance
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    Ha ha true…maybe I’ll just buy an island and retire to there 😀

    Somewhere in the Caribbean? Or some place near Ibiza perhaps?

    Sarah
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    I’d never buy an island I feel that I’d be too far away from people and therefore less opportunities to play harmless pranks.

    Maroon5
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    Such an interesting question – I’m still pondering what I’d do if I have enough money already. I’d invest actually! Put some away to tide me till I’m old and wrinkly, but other than that I’m interested to be a angel investor and learn how companies are set up and run.

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