This is another post in our ongoing Throwback Thursdays Series, where we share blog posts from the past to bring you a ton of value and help you learn faster.
Today, I’m sharing one of my old posts with you, My Thoughts on Retirement, and Why I Never Plan to Retire
Let’s get to it.
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My Thoughts on Retirement, and Why I Never Plan to Retire
In my network of friends / family / colleagues, I’m most often known as ‘The Investment Guy’.
Because of this, I’m often asked about the latest trend in investing, whether it be years ago, gold and silver, the Greek Crash a couple years ago, or more recently, weed stocks and cryptocurrency.
To see our other videos in this series, where I give my thoughts on weed stocks, crypto, diversification, retirement plans and more, click here.
Today, I give you my thoughts on something I get asked about all the time – retirement and when do I think people should retire.
Let’s get to it.
In the 14-minute video above, I tell you my thoughts on retirement.
Here are some of the things I talked about in the video above:
- What I think about retirement
- Why I never plan to retire
- Why I don’t get the allure of retirement and doing nothing
- Why doing nothing sucks
- Why most people who retire end up unretiring at some point soon after
- And more…
You learn several reasons above for why I never plan to retire.
Another reason I NEVER plan to retire is that of the immense power of compound interest over long time periods.
Warren Buffett made over 90% of his enormous wealth after he’d been investing for decades already. The chart above is from a few years ago. As of now, he’s worth ~$70 billion and this is after donating billions of dollars to the Gates Foundation.
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