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Can people please stop boasting that they are retiring at 20, 25, etc.? If you drop out of work and start your own business, you have not retired. Achieving fi
by andr 17y ago
Can people please stop boasting that they are retiring at 20, 25, etc.?
If you drop out of work and start your own business, you have not retired. Achieving financial independence and not working for other people is great. Retiring is not about financial independence, it's a mindset - not undertaking anything else in your life. If you retire at 25 you are just lazy.
- daeken 17y agoThis is covered about 32 minutes in. He's "retired" in that he doesn't have to work, but he still does; he just didn't work hard, from his perspective.
- jiaaro 17y agoI know what you mean. From my current (23 year old) vantage point, I don't ever want to retire. Maybe I'll change as I get older but that just seems so boring to me.
- pmichaud 17y agoI thought about this early on. I think there are two working definitions of retirement: 1) Financially Independent 2) Relaxing for the rest of your life because of #1 I think in our community in particular, the concept of retirement really means "tinkering with side projects". We're "makers", none of us want to stop in the traditional sense of retirement, and I'm no different. For our community, the more meaningful part of the word is the financial independence. That was my reasoning when I phrased it that way. You can disagree with my semantics, but the bottom line is that I don't have to ever lift a finger and my bills get paid on time anyway.