If You Love What You Do, Why Retire?

For years, we would often think of this thing called “retirement” as an ultimate goal. You work hard, save up, and then relax. On the podcast we’d talked about how the concept of retirement isn’t that old in the history of work, and it may be considered outdated by the younger generations. So what if instead of quitting work, you could design an amazing life where you do what you love while still having freedom and financial security?

More and more people are dismissing the idea of traditional retirement and choosing to work well into their later years. They are doing this not because they have to, but simply because they want to. Inspired by a recent article on Business Insider about an older entrepreneur who keeps running multiple businesses without any plans to retire, this article explores why many are choosing passion over pension.

Rethinking Retirement: Why Are We Expected to Stop?

For decades, retirement has been seen as the ultimate goal. Work for over 40 years, collect a pension (if you’re lucky) and social security, and then spend your golden years golfing, or relaxing. But for many, this traditional idea of retirement just doesn’t make sense anymore.

One big reason is life expectancy. We are living longer! In the 1930s, when Social Security was introduced, the average life expectancy in the U.S. was around 62 years. Today, it’s closer to 80. Get this, many who take better care of their health can expect to live into their 90s! So if you retire at around 65, that could mean 25-30 years of not working. Then comes this gigantic question: What are you supposed to do for three decades? 

While some people do look forward to a well-deserved rest, others find the idea of decades without meaningful work so uninspiring and can become lost in life. Instead of seeing work as something to escape, these people are re-framing it as something to embrace, enjoy and integrate into a more balanced lifestyle.

More people are choosing to stay in the workforce longer than ever before. There is data shows that this is not necessarily because they can’t afford to retire, but rather because they actually love what they do. They see work as more than just a way to make money; it’s a way to stay connected to others and grow as individuals and live a life of fulfillment.

We know technology making it easier than ever to work from home and start your own business. It’s never been easier to create and work you own schedule. Many people now choose to work more flexible hours, offer consulting services, they can even run their own businesses from anywhere while traveling the world! So, Instead of retiring in the traditional sense, they’re finding new ways to work that make them happy, fulfilled and making a difference.

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