Post
Topic
Board Economics
Re: Early Retirement [Pros and Cons]
by
slapper
on 10/10/2023, 07:33:43 UTC
I feel like the word retirement has a totally different meaning in the 21st century. I doubt anyone actuals "retires" anymore, it more like financial freedom to just pursue what you want, when you want.

I'd happily "retire" onto a nice plot of land and fix up old cars, it'll be hard work but I'll be doing what I want knowing I've already secured my financial freedom.

Just my 2 cents  Grin
That's true. I think the term retirement is just different now compared to before when retirement is actually finally giving up the long time work cause age has caught up and the limit has been reached. It was more of a finished line that everyone would eventually reach and it'll be the end of the career path every individual have. However, today, retirement means finally being free from the 9-5 job and having the financial stability needed to finally have the freedom to do what we are passionate about and not worry about how much we'll make at the end of the day cause that's already taken care of; it doesn't matter if we choose to start our own business, go on vacation around the world, or even take on a job that people will look down on because of the low salary because it doesn't matter.
Retirement was once considered the end of a lengthy journey and a reward for hard labor. Finish line. Now, though? Retirement means freedom. We're breaking away from the 9-5 grind and embracing what counts

Aren't our economic and social changes fascinating? Financial security today is having enough to live, not simply survive. It's about being able to travel, establish new businesses, or take on low-paying yet rewarding work. Why? Financial concerns are resolved

How does this affect our economy and human goals? Is society learning to define success and fulfillment holistically? Consider it