- Aug 16, 2011
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- #21
??? Isn't everyone by the time they retire -- not stop working, retire -- independently wealthy enough, even if not a multimillionaire, that they can afford themselves without having to work?
I'm 42, married, and just bought a home. I do not expect that my pension will exist in another 20+ years. Under that circumstance, there is no way I could ever consider retiring.
Very interesting point. I worked with people over 50. That is not retirement age, never has been, but it is evident, that the brain function slows down. By the time of age 60, they can only do work at their own pace. This is true, even if the work contains nothing new, and it is repetitive. Even if it is as simple as financial sales or real estate.
This too is changing, however. People are not only living longer, but living longer better.
Al Sharpton (?) wrote a book titled "Rush Limbaugh is a big fat idiot". In that book, there is a chapter called something like "oh the nursing home". It starts by saying, that the life expectancy will soon be around 150 years, out of which your first 50 will be good, second 50 will be not so good, and 3rd 50 will be absolutely horrible.
People will be living longer, but the word better is dubious, because the slower brain function is already putting them at a definite disadvantage compared to their competitors worldwide. Especially considering the huge extra number of ~ 20 year olds in almost every 3rd world country.
The "slowing" part is also changing. And I'll take an educated, experienced man or woman over some uneducated, inexperienced person in your generic 3rd world country.