About 20% of Americans say they don't ever plan to retire — and why that's a good thing (LOL)


https://www.msn.com/en-us/money/othe...5583cd5f&ei=76

1) Losing out on quality health care - "One reason we resist retirement centers on the loss of employer-sponsored health care. With many Americans not adequately saving for retirement, it makes sense that more than 20% of Americans don’t have an emergency fund for medical expenses. A third of those who do have emergency funds don’t have enough to cover three months of their expenses. Staying on the job extends access to health care plans and offsets major out-of-pocket expenses — though in some cases, higher deductibles mean the sting is still there."

2) Obeying the stock market - "While many Americans see 65 as a proper retirement age, stock market fluctuations don’t care about those plans. There’s a chance your investment portfolio isn’t as strong as you’d like — and if so, you may need to spend more time working. That allows you to keep your money in the market long enough to benefit from an upswing. But what if avoiding retirement is a lifestyle choice rather than a matter of smart timing?"

3) Stay as long as you like - "There’s no law that says you have to retire at any given age. Many find their careers stimulating enough that the thought of leaving those challenges — plus the professional and personal friendships forged over the years — raises the specter of boredom and monotony. As finance content creator Rob Berger puts it, many of us have been conditioned to think that life begins once we end work. But those who find their vocations meaningful and socially fulfilling would disagree: Just ask 93-year-old billionaire Warren Buffett."

4) Switch things up - "Ditching retirement doesn’t mean staying stuck in your current career. For starters, you can move into something that suits your abilities and lifestyle as you age. With new flexibility and remote-working arrangements, older workers have more options. Flexible work, Berger says, gives you the feeling of retirement freedom and still fills your day with meaningful activity."

5) Staying Sharp - "As we enter our older years and face the prospect of cognitive challenges, deferred retirement can maintain and even improve brain function. Loneliness can exacerbate inactivity and lead many older adults to pull back from activities that made them vibrant in their earlier years. And that raises the risk of rapid health declines with age, no matter your financial preparedness. So focus on fulfilling tasks and projects; maintain a social network and friendships through a career and beyond. It can keep you sharp and lift your retirement-age life quality to a new level, no matter your working situation."



This is a tremendous amount of cope for "I didn't save chit for the last 50 years". Too bad for all the millennials and even Gen-X'rs waiting for their boomer co-workers to finally retire so they can have their cush, high-paying jobs.

Ukraine is hiring

https://ildu.com.ua/

I'm not saving and investing all this money now so I can work this chitty office job until I die.

With that said, my dad retired from his chitty office job and worked summers as a park ranger, which isn't exactly a bad way to make some cash during retirement if you love the outdoors. There's some merit to continuing to work if you love what you do and can work your terms.

You should always be productive, but no way unless you are completely bankrupt of any real personality or ambition does that mean working a wage slave office job


Like the boyo above said, retire and be a park ranger, or sell woodworking projects , or be a ski instructor, etc. sitting on your ass and watching Fox News ain’t it man but neither is working your corporate chit job man if there was no goal of retiring from this chit would off myself

Many older people have a million Dr. appointments and start to lose their cognitive ability in their 70s.

Should they still work?

I’m 52. Can I retire at 55?? I wish.