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Late Retirement (despite financial independence)
Comments
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I was expecting them to retire earlier to spend more time with them or grandchildren in that case!
Remember the saying: if it looks too good to be true it almost certainly is.1 -
I love mine, but I am not going to not enjoy myself, just to leave them money..
Life in the slow lane0 -
we have someone at work in her 70s. She lost her husband about 10 years ago so comes to work for a) because she can’t afford to live on a basic income and b) as she has no children she gets a lot of social stimulation from being at work. She is also very good at what she does and never causes anyone anyone problems.
some people also like to work especially if they don’t have many outside interests or hobbies to fill their week.
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Some people are defined by their work. They see themselves as a "add your profession here" before anything else and feel if they give work up they'll loose something. Fair enough, it takes all sorts.
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I work with a professor at a major university who is in his mid 70s. He heads a large research group with researchers, graduate students and post docs. In addition he has a couple of small businesses; I work part time for one of those businesses. He also sits on national science committees. He just can't stop. He loves his work and the people he works with and I think the pay isn't even a factor. It's an intellectual pursuit and there's always another paper to publish, conference to attend and graduate student to help. I'm happy working 10 to 20 hours a week helping with some low stress science and engineering and would not want to work the hours he does even though I'm about a decade younger than him. I've realized that "the party will go on without me" and swapped the new discoveries and mission planning meetings (no more Gantt Charts!) for helping a few young engineers with some problems and some much enjoyed leisure time.
A byproduct of my part time work is that I give almost all my earning to my nieces so that their children won't have to borrow any university fees and maintenance. I'm doing for them what the UK did for me when I went to university back in the 80s.
And so we beat on, boats against the current, borne back ceaselessly into the past.6
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