On Retirement - Deepstash
On Retirement

On Retirement

Retirement is the worst-case scenario insurance, it's like becoming physically incapable of working and needing a reservoir of capital to survive.

Retirement can’t be a goal. Reasons

  • It means, you disliked whatever you do/did during the most physically capable years of life.
  • Most people will never be able to maintain a medium/good standard of living due to inflation which increases by 2-4% per year. So this math doesn’t work.
  • And if the math does work, it means you are ambitious, hardworking machine. If that’s the case, you’ll be bored and look for a new job after a week or a month of retirement.

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Just another homo-sapien

This book deals with what Ferriss refers to as "lifestyle design", and repudiates the traditional "deferred" life plan in which people work grueling hours and take few vacations for decades and save money in order to relax after retirement.

The idea is part of this collection:

Managing Time Like a Pro

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Surprising Rules for Success

Surprising Rules for Success

  1. Retirement is the worst-case-scenario insurance.
  2. Alternating between periods of rest and activity is essential.
  3. Focus on being productive instead of busy.
  4. The timing is never right. Waiting for ‘somed...

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