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This depends, if an individual sacrifices more in the short-term to achieve better long-term outcomes as defined by themselves then it can be quite positive. T
by lumost 5y ago
This depends, if an individual sacrifices more in the short-term to achieve better long-term outcomes as defined by themselves then it can be quite positive.
The problem is when short-term sacrifice is simply short term sacrifice or will likely result in reduced expectations for the future.
- ashtonkem 5y agoI’d argue that “retiring later” precludes any argument for short term loss for long term gains. Generally retiring earlier is the long term gain that you take short term losses for, retiring is a sign that things haven’t gone as well as planned.
- lumost 5y agoIt depends, as an individual I'd prefer it if I didn't have to retire however I'd also prefer it if I didn't need to work. Retiring later could be a sign of longer health ( although I doubt that's the reality in this statistic ).
- lm28469 5y ago> Retiring later could be a sign of longer health It's a sign that you didn't manage to save enough in time. Soon retirement age will be over 70 pretty much everywhere in the west, nobody chose to work at that age for fun and giggles
- ashtonkem 5y agoSadly, US lifespans are actually shrinking too. So we’re retiring later and dying earlier, which is less than ideal.