4 ms·
Your experience with people nearing retirement is exactly the opposite of mine. I don't find them all to be money-grubbing hucksters -- but rather more concern
by nostromo 11y ago
Your experience with people nearing retirement is exactly the opposite of mine.
I don't find them all to be money-grubbing hucksters -- but rather more concerned about doing what's right. I think a lot of people at that age are looking at their legacy (kids, business, etc.) and want to have a positive impact. My mom is such an example: quitting her private industry work to spend her last working decade at a non-profit.
And working in the start-up world, I know a lot of people my age and younger that are willing to bend ethical rules too far to make a quick buck.
- drzaiusapelord 11y agoWell, I imagine a "celebrity" retirement is a little different than a regular retirement. These people know their name carries a certain amount of social capital that can be turned into real money. That means a larger estate to leave their kids, bigger trust funds, a yacht, whatever. It must be very tempting, especially considering a lot of these characters are probably being hit up by various groups asking for their paid endorsement all the time. Now that they're in a non-serious part of their career and end of life issues have appeared, its common for them to sign off on things they normally wouldn't have.
- AJ007 11y agoConsidering how many celebrities have disastrous finances it could be more about not running out of money before dying than having anything left over.
- AJ007 11y agoConsidering how many celebrities have disastrous finances it could be more about not running out of money before dying than having anything left over.