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My father retired at age 83. Hist last job was a security guard in the bank in California. He could still work at that age but he had to come home to our country with my sick mother. I saw the strength in my father because of his occupation. Some 70-year old guys here look older than my father because they are idle.You can't get tired of making money, I think you can have a passive income stream from an investment, you don't need to stress or go to work often.
I understand your point completely, a lot of people don't like to be idle even when they grow old. The good mentality to have, however their capacity to do the job effectively isn't the same anymore.My father retired at age 83. Hist last job was as a security guard the in bank in California. He could still work at that age but he had to come home to our country with my sick mother. I saw the strength in my father because of his occupation. Some 70-year old guys here look older than my father because they are idle.
Some people actually become miserable because they relied on pension which turns out to be scam or not enough, it's better to have a running business before retirement.Most of the time as a retired worker who once earned fixed salary. It becomes deficult because you have to focus on managing a pension when that comes. Most times it is important or necessary to create your own business.
This depend on the individual or the retiring whether to work for money or not after he or she has retired from work but most people do not want to stress themselves so they just relax and spend their pension money.I concur. I also wanted to make it clear that i did not suggest sitting down at home too infact I think sitting down at home is more risky the taking up a new responsibility I just wanted to point out that after retirement rest is really important as body cells have started depreciating
I believe it is a really disturbing thing for them as some of them did not prepare very well for their retirement days and are finding it hard to cope.At least farming is a home based job, you don't need to work to and from like before if you're a retired civil servant. Here in Nigeria, retirees aren't settled well, that's why they ought to engage in other stuffs to earn money.
Very demoralizing indeed. Most of them didn't plan it and they saw it in the wrong way. That is lesson for us not yet retired to always look for alternative before waiting for the low pension stipend to make a better living during retirement.I believe it is a really disturbing thing for them as some of them did not prepare very well for their retirement days and are finding it hard to cope.
In developed countries, they have a scheme that makes it possible for youths to start investing in their pension at a very young age to solve this challenge.Very demoralizing indeed. Most of them didn't plan it and they saw it in the wrong way. That is lesson for us not yet retired to always look for alternative before waiting for the low pension stipend to make a better living during retirement.
You are right. We want to make money at all time but at some point we won't have have the strength to make money again. After retirement, you can only work for some years before you finally retired.You can't get tired of making money, I think you can have a passive income stream from an investment, you don't need to stress or go to work often.
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