Not interested in retiring? You still need a financial plan to deal with eventualities

Dear Pete: Retirement simply isn’t a goal of mine. I enjoy the work I do, I don’t have that much money saved for retirement anyway and, frankly, I think I’d prefer to just work until I die. Am I missing something? I feel like people get too bent out of shape about not having enough money for retirement. My plan is to just avoidthe headache by not retiring. — Wendell 

You’re right. People do tend to make a huge fuss about retirement, myself included. The assumption is that, after 40-some years in the workforce, a person would like to rest. At least that’s the conventional wisdom. But as you point out, resting isn’t for everyone. Let’s take a moment to decide whether your desire is pragmatic or myopic. 

It’s hard for me not to focus on your admission that you "don’t have much money saved for retirement anyway.” An easy conclusion could be since you don’t have much saved for retirement, you’ve adopted a fresh outlook which doesn’t value retirement. Whether that’s true or not, I don’t know if there’s anything wrong with it on the surface. For instance, I’ve decided not to pursue a modeling career. Does it matter that my decision is based on what I see when I look in the mirror? Not really. 

It’s important to mention that many people of retirement age discover they are unable to retire, therefore they involuntarily come to the same conclusion you have. The primary difference is that their discovery comes under duress. And some decisions and processes, which would have made their reality a bit easier, no longer are possible. 

With all that said, a little bit of planning will allow you to successfully not retire. 

Comments

Privacy Policy

Not interested in retiring? You still need a financial plan to deal with eventualities is dedicated to protecting consumer privacy on the Internet. Our practices are consistent with privacy guidelines established by eTrust.com.

Not interested in retiring? You still need a financial plan to deal with eventualities does not require any personal information to obtain access to our website.

Not interested in retiring? You still need a financial plan to deal with eventualities does require limited personal information including name and mailing address from individuals wishing to join as members. Additional information such as e-mail address and phone number may also be requested in order that we may contact members in a timely manner on issues related to our mission.

You will only receive e-mail from us if you request to be added to our e-mail list. You may revise or remove your e-mail address from our files at any time.

Not interested in retiring? You still need a financial plan to deal with eventualities uses "cookie" technology to obtain non-personal information from our online visitors, such as browser/computer type, number of visitors, and site usage. We do not use cookies to extract personal information.

Our website contains links to other sites, but Not interested in retiring? You still need a financial plan to deal with eventualities does not necessarily advocate, support or condone the privacy practices or content of these websites.

Not interested in retiring? You still need a financial plan to deal with eventualities makes all information received from our online visitors as secure as possible against unauthorized access and use. All information is protected by state-of-the-art security technology.

Not interested in retiring? You still need a financial plan to deal with eventualities respects the individual privacy rights and concerns of visitors to our website. We support meaningful self-regulation of the Internet to ensure that responsible organizations maintain the right to use all communications media to interact with the public.