 |
Retirement is not for Everyone
Author: Anthoney Grigsby  | Posted: 19-04-2008 | Comments: 0 | Views: 4 | Rating: (50)  (?) 
 One day I was watching "Holy Man" a movie starring Eddie Murphy where he played a "Holy Man" selling products on a home shopping network. It's a funny and enlightening movie, and I enjoyed the comical antics of both Eddie Murphy and Jeff Goldblum. Who can all forget the "tea" Eddie tricked Jeff to drink? What was really in that tea? Aside from all the comics of the movie, one quote from Eddie Murphy, played as "G", stated: "Seventy-five years. That's how much time you get if you're lucky. Seventy-five years. Seventy-five Winters. Seventy-five Springtimes. Seventy-five Summers. And Seventy-five Autumns. When you look at it like that, it's not a lot of time, is it? Don't waste them."
That one quote goes a long way when it comes to my understanding of retirement. How does the law go? Work until you're 65 1/2? I was always curious as to why the extra six months, but rather than going political let's go mathematical.
Take a look at the CIA World Fact Book. An online resource filled with all types of facts on almost every country in the world. This was taken from the United States section:
I have been working since I was 18. Only within that few recent years, at the age of 25, have I began to get a hold of my own personal finances. So from 25 until 65, I am to work until retirement to survive the remaining 10 years of my life. That doesn't set too well with me. Working for 40 years of my life only to rest for the remaining 10? The math is wrong somewhere in there.
This is why I've been urgently forcing myself to build upon my entrepreneurship dreams and build businesses to where if I am to work for the next 40 years of my life, it will be the only person I truly want to work for, myself.
20 years. That is the maximum amount of time I hope to work for a company. I hope to work less, but I'm giving myself 20 years at the most. By then, I want to have my own line of businesses and investments to where I provide for myself. The amount of work I put in will show by the amount of income I produce, and not based on a salary provided by a conglomerate. Don't get me wrong, I love "most" aspects of my job. I love the work I do, I love the partial freedom we have, but it's not enough for me. I want to be able to call my own shots, my own hours, my own paychecks, most importantly, my own retirement. 40 years? Too long for me. Heck, 20 years is too long but doable. But to follow that mathematical function of only allowing 10 years of my life to rot away at old age is not an option for me.
Also consider this fact, the old saying "Work brings stress". Heart attacks, exhaustion, stress, depression, physical disabilities all are symptoms of people in this country who have overworked all of their lives to sit away and rot for the remainder of their years. Sorry if that sounds cruel, but the numbers do not lie.
Also consider this fact, I hate to sound contradictory, but the United States is the best place to find employment. No other country offers such employment benefits to their employees as the United States. Paid vacations and time off, holidays, bonuses, raises, medical and dental insurance, retirement plans and company stock, unions, and a "sense" of job security, even the salary outdo most countries rates. Some positions may not experience all of these benefits, some may experience even more but we are one of the few countries attempting to take care of our employees. But is that enough for you?
For a lot, yes it is enough. In fact, I had this exact same discussion with my mother. She says she loves her job and wakes up and ready to go each day and can't see herself doing anything else. Just as her, I too love my job, but where we differ is that I can see myself doing something else, and that particular "something else" does not involve me giving my life to a company to rot away for the rest of my life.
I suppose that's what makes me an inspired entrepreneur. Because I feel there is a fault in the 40-10 mathematical formula of employment. What makes this formula a little bit more disturbing? Some of us work before we are 18. Such as getting jobs as part-time employees. That easily turns the 40-10 to 50-10.
This is not a discussion on going out and quitting your job. If you love your job and you understand the 40-10 formula, or even the 50-10 formula, then by all means continue on! But as "G" said, "Seventy-five years. That's how much time you get if you're LUCKY". It's something that should at least make you think for a minute. Maybe not it doesn't have to be work-related. Maybe there's something you've wanted to do that has nothing to do with work or money. Remember "Seventy-five years, if you're lucky".
Leave me your comments and feedback. I would love to hear your insights.
Rate this Article:
Current: 0 / 5 stars - 0 vote(s).
Article Source: http://www.articlesbase.com/personal-finance-articles/retirement-is-not-for-everyone-391373.html
About the Author:Hello, My name is Anthoney Grigsby, owner and creator of HelpMyCashGrow.com. There are a lot of people in this world that are having problems with their finances. I know this, because I used to be one of them. Though I'm still in the process of building my finances, I remember those days where my finances looked horrible. I used to live from paycheck to paycheck and those times were my dark days. No, I'm not a millionaire (far from it), I don't have a fleet of cars and houses, and this isn't a late night infomercial. What I have done is educated myself on the basics of personal finance, such as budgeting, saving, etc. and I would like to pass on my knowledge to you. Visit my video blog at http://www.helpmycashgrow.com, and get a deep insight and a step-by-step process of learning how to organize and manage your money, and along the process you'll learn how I am following the same steps that I teach.
|
Submitting articles has become one of the most popular means of generating quality backlinks and targeted traffic to your website. Join us today - It's Free! |
|
Related Articles
Retirement Funds not Enough?
By: Anthoney Grigsby | 25/04/2008 | Personal Finance
Automated 401K retirement funds will not be enough funds when our generation approaches that retirement age. The actions we take today can be very beneficial for those of us that are looking to retire at 65 or even earlier than that. How do you protect yourself from experiencing a retirement where you do not have enough funds ready for you?
Don't Blame Opec
By: Anthoney Grigsby | 27/05/2008 | Personal Finance
This month, we've seen oil reach as high as $135 per barrel. Right now, there seems to be no end. Is it the fault of OPEC? Nope, not at all. Read this article to understand why.
Cash is King
By: Thomas Martucci | 03/11/2006 | Finance
"Cash is king" is the basic principle of using cash to make purchases whenever possible instead of credit cards or debit cards.
7 Things to Teach your Kids About Money
By: Mark Stevenson | 17/12/2007 | Parenting
Did you know that many people retire broke? It's true. After a lifetime of hard work and having earned literally hundreds of thousands of dollars, they end up with nothing.So where did all their hard-earned cash go? The answer is, it passed right through their fingers.The truth is, the earlier you learn to handle money, the more likely you are to manage it properly and live a prosperous life.So why not provide a little home schooling for your family and teach them the basics?
Credit Card Fool
By: Thomas Martucci | 03/11/2006 | Finance
Credit card companies are making fools of consumers every day.
Benefits of Personal Finance Software
By: Mark Stevenson | 17/12/2007 | Personal Finance
In this age of information, keeping track of your finances does not mean an archaic jumble of ledgers, calculators, and papers filled with calculations in chicken scratch. Now everything can be taken care of on your computer through personal finance software.
Holiday Shopping Without Debt
By: Thomas Martucci | 03/11/2006 | Finance
Tips on avoiding the "debt trap" that is holiday shopping.
Budget Blunders
By: Mark Stevenson | 17/12/2007 | Personal Finance
Does your budget never seem to balance the way it should? Are you constantly digging into the savings to make ends meet?
A good budget is like a good friend. It helps keep you strong and steady.
If you find that your budget isn't doing the job, then it's time to take a good look at essential components you might be missing or you have not allowed sufficiently for.
Latest Personal Finance Articles
Payday Loans: for the Borrowers With Immediate Needs
By: Scarlette Riley | 05/09/2008
Payday loans are unsecured loans. The loan amount is £100-£1500 for 14-30 days. The interest rate is charged for every £50 or £100. The borrowers should have a bank account and monthly salary should be £1000. Online lenders, financial and lending companies offer these loans.
Debt Management Failure: Going To Court
By: Hector Milla | 05/09/2008
What is the worst situation for a person that is trying to manage debt? Undoubtedly when all what you do did not work out and now you deal with your creditors in court, there is no debt management program that can assure you success and getting you debt free, you need to accept that sometimes it is too late and that you crossed line where some debt relief is possible.
Unsecured Credit Card Debt Consolidation Surprises
By: Mike Carter | 04/09/2008
While many consumers turn to consolidation to pay off unsecured credit card debt, very few are as informed about consolidation as they should be. These consumers are often surprised that the choices they made were not in their best interest and are costing them money. Learn how to avoid these debt consolidation surprises.
Financial Mistakes You May be Making
By: Steve Gillman | 04/09/2008
How many of these common financial mistakes are you making?
Debt Management Uk: One Stop Solution for Multiple Debts
By: Alec Recce | 04/09/2008
Debt management UK offers various financial solutions to debtors who are under pressure to repay the debts and are finding difficulty to pay them. It is for those UK residents who have debts with more than 2 creditors and over £8000 in debt. It usually merges all the unsecured loans into one loan, the repayment of which is easy and affordable to pay.
Be Closer to a Expert in Refinancing a Loan
By: Russ Bee | 03/09/2008
Refinance equity loans can be a challenge. This is a short value packed statement on what to know about different types of equity loans.
Auto Sales Statistics
By: MTnews | 03/09/2008
Daily Market Commentary for September 3, 2008 Written for day traders, active traders and investors. A review of the market activity for the day, economic data plus, world news from Millennium-Traders.Com
Answers To Your Private Student Loan Questions
By: Bill Miller | 03/09/2008
Private Student Loans are just one source of private funding for education. Here's the in's and out's of securing a private student loan.
More from Anthoney Grigsby
Don't Blame Opec
By: Anthoney Grigsby | 27/05/2008 | Personal Finance
This month, we've seen oil reach as high as $135 per barrel. Right now, there seems to be no end. Is it the fault of OPEC? Nope, not at all. Read this article to understand why.
Amazon.com Vs Ny & the Internet Sales Tax
By: Anthoney Grigsby | 10/05/2008 | Taxes
I heard about this a few days ago and even today I am still shocked of the news of New York Internet Sales Tax or what they like to call it as the "Amazon Tax".
Retirement Funds not Enough?
By: Anthoney Grigsby | 25/04/2008 | Personal Finance
Automated 401K retirement funds will not be enough funds when our generation approaches that retirement age. The actions we take today can be very beneficial for those of us that are looking to retire at 65 or even earlier than that. How do you protect yourself from experiencing a retirement where you do not have enough funds ready for you?
Protection From Food
By: Anthoney Grigsby | 04/04/2008 | Food and Beverage
With all the dangers that we experience in our food supply, it’s hard to feel safe when you cook your family a decent home-cook meal. This article will discuss a few of the dangers that we are exposed to as well as how we can protect ourselves from these dangers.
Life Lock & Identity Theft
By: Anthoney Grigsby | 28/03/2008 | Personal Finance
Identity theft is currently the MOST rapid growing crimes WORLDWIDE and today there are companies looking to profit by providing you with more security and a sense of safety. LifeLock is one of those companies that provides guarantees to their users for a low cost. But is there cost really low? Are they worth their price tag? Read on to learn the pros and cons of paying a company for that sense of safety.
|
|
Finance 
