Article encouraging never retiring....

If that's how Mr. Brian Lund feels, then he probably should work until he drops. I've got my own plans, and they're substantially different.
 
He didn't convince me. I like not having to get up at o'dark thirty to go to work. Had enough of that.
 
To save everyone the time of reading the article, here are the 5 "compelling" reasons:

You Will Die Much Faster
You Will Have a Hard Time Making Your Money Last
You Really Don't Want To Spend That Much Time With Your Family
You Are Not Going to Learn to Play Guitar
You Are Going to Be Bored

What a crock.

seraphim said:
Wonder about his author's motivation, that he would spend time convincing others to work until they die...
Click to expand...

I'd guess a bad case of sour grapes...
 
Never gets old here does it :horse:

The equivalent of posting a Seahawks promo on a 49ers fan site.
 
He spent four years on the football team and never played a down...poor guy.
He also said 51% of Greeks that retired early died young...so 49% must have lived longer! A 2% difference doesn't seem significant to me.
 
Let me guess, this article is written by a relative of the fellow in the recent Cadillac commercial?

Maybe we should all adopt this old philosophy until we work ourselves to death.
 
Last edited:
"The equivalent of posting a Seahawks promo on a 49ers fan site."

I was really trying to figure this guy's angle. I would suggest he's a plant for the current administration, attempting to increase revenue for the government via taxes, but the article was so poorly written the author couldn't possibly achieve his goal.

Hmmm. Maybe he DOES work for the current administration. *grin*
 
I've read about studies that show the longer you work, your life expectancy goes down. Wish I could remember where I read it.

I can see where if someone retired early because of serious medical problems or is forced to retire before they want to, that could shorten your life. But for those who voluntarily RE, I doubt it.
 
There are a surprising amount of why you should never retire articles out there these days. I think some originate from the investment industry. With boomers retiring largely without pensions, that means cashing in stocks and stock funds, which means less money in 401Ks to siphon off in recurring management fees.
 
Here is the blogster's bio from the link:

Brian is the co-founder of Ditto Holdings, Inc., parent company of Ditto Trade, a registered broker dealer, and has been trading, drumming, and running businesses for over 25 years. Brian writes a popular blog on StockTwits described as "the intersection of markets, trading, and life," is the author of the book "Trading: The Best of the Best - Top Trading Tips For Our Times," and has made numerous appearances on CNBC. A native Californian, he lives in Orange County with his wife and two children. He also really, really likes beer.
Click to expand...

His motivation in writing this piece for AOL is probably financial.
 
REWahoo said:
To save everyone the time of reading the article, here are the 5 "compelling" reasons:

You Will Die Much Faster
You Will Have a Hard Time Making Your Money Last
You Really Don't Want To Spend That Much Time With Your Family
You Are Not Going to Learn to Play Guitar
You Are Going to Be Bored

What a crock.



I'd guess a bad case of sour grapes...
Click to expand...

I think the key thing is the FI part. None of those are a good reason not to aim for FI as soon as possible. Then you have choices!
 
"His motivation in writing this piece for AOL is probably financial."

You mean someone PAID him for that?
 
seraphim said:
"His motivation in writing this piece for AOL is probably financial."

You mean someone PAID him for that?
Click to expand...

Actually I imagine we all did, every time we clicked on it, which drove up the hits and his compensation. And indirectly he may get some clients from people reading it. So he is probably very grateful to you for posting this link.
 
REWahoo said:
And apparently that experience left a lasting mark because he found a way to work that terrible injustice into an article about never retiring.
Click to expand...

I had to look up his bio myself. Little wonder why everyone else should work. Doesn't sound like someone who's ever baited his own hook/
 
Yep, he got paid to write an article. Re: you will die earlier... Guess the "study " didn't separate out those who retired for health reasons.
 
Here is a portion of an article that addresses this:

Epidemiologists at the oil firm Shell carried out a study of past employees in the US, which found that mortality was slightly earlier - on average - for staff who retired at 55, than for those who continued working to 65.

But the actuary Dave Grimshaw says we need to be very careful about what conclusions we draw from the Shell data. The statistical waters, he says, are muddied by the fact that people retire at different ages for different reasons.

"You will have a group who are forced to retire [early] as a result of ill health and that may impact on their life expectancy," he says.

"In contrast there will be other people that choose to retire at 55, as more of a lifestyle decision. They may well be more affluent people. And they will also probably be in good health."

People who retire early because they are seriously ill will make average life expectancy for all retirees of that age look lower.
 
I hope there are lots of people out there that follow his advice! SS and Medicare can use the money! If there are not enough young people, then old f&rts working will do.
 
It does seem to be a pretty negative article, and one that I would not expect forum members here to agree with.

But his comments on getting exercise are noteworthy. If you are retired but you are still not getting a reasonable amount of exercise, something is wrong. And if you are allowing your health to decline by not exercising when you have all this free time now that you're not working, that is just plain bad for you. Why work hard to reach FI and RE and then let your health go down hill by being sedentary when you have so much free time?
 
Believe it or not, I know number of people around me who don't know what to do with their life without a job. They don't know what to do with their vacation days. They work 7 days a week as if that is a normal thing. Job is there life. Job defines them and without it, they will wither and die. I feel sorry for them b/c they don't know what they are missing.
 
robnplunder said:
Believe it or not, I know number of people around me who don't know what to do with their life without a job. They don't know what to do with their vacation days. They work 7 days a week as if that is a normal thing. Job is there life. Job defines them and without it, they will wither and die. I feel sorry for them b/c they don't know what they are missing.
Click to expand...

I agree that some people define themselves by their jobs. However, this is not synonymous with job dedication or working hard. I work 7 days a week and rarely take vacations. It is Saturday evening and I am in my office dealing with upcoming grant proposals (but obviously not at the moment :)). I do not define myself by my job. When I retire, I will not look back. And I do many things outside of work, primarily outdoor and athletic activities.

Likewise, job dedication does not mean poor health, either before or after retirement. I have not missed a day of school/work due to sickness in 44 years. I just walked down the hall to measure my blood pressure on the work area machine. My BP is 116/69 and my pulse is 36. This isn't by accident. While anything can happen, I do not plan to "wither and die" once retired.

I work hard because it is my job (and appropriately compensated). But my job is not me.
 
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