7. Retirement means not working
This is one of my favorite myths. I have to admit! Because in an ideal world, once you retire, you don’t need to work again, right? But unfortunately, there are a lot of seniors that soon after their retirement will start a part-time job or something that they can do from the comfort of their own homes.
There are many reasons why retirees get a job, including a lack of funds and a desire to keep their minds stimulated. What if you want to start a new career? It’s never too late. Let other people believe all the myths mentioned before. You do you!
Make an effort to break free from this myth. There is no ideal age to retire nor a one-time event when you should stop working for good.
8. You’ll retire when you want to
Nah! You will be surprised that half of the United States workers retire before they expect to, especially because of health issues.
Others are being forced to quit by their companies because they were planning on downsizing and hiring new “young” people. You never know what the future might bring, so be ready to face the things that might not be in your retirement plan.
4 Responses
I retired and my husband passed away three months later. He was self employed and did not believe in retirement planning. I am so happy that I did. Every point made in this article is true. I work two part time jobs and receive Social Security and retirement.
Everything in the article is true. I pray people aren’t so quick to stop working because they turned 65. You are going to need Social Security, pension and/ or another form of income depending on your financial situation. Remember, always take care of yourself.
Most of this does not apply to me e.g., I did retire when I wanted to, am living fine on my soc sec check (so, not working; thought I would work part-time), have plenty of time to myself (in spite of being grandma’s taxi service for 2 teens), etc.. I did wait until 72 to retire because I loved my job and was healthy enough to do so.
I’m one of those who were forced to retire to make way for the young. (Another myth… there’s no such thing as ageism.) Wanted 2 more years to pay off house and go out on my own terms. Oh well, that’s life!
Fortunately, we’re pretty good retirement-wise. SS, Pension & 401k & IRA. AND we will liquidate and move to smaller house down south.