Top 5 ways to spend your time if financially secure.

SirJosephPorter

Time Out
Nov 7, 2008
11,956
56
48
Ontario
Work is more fun than not working. So I'm left confused.


That is just what many financially secure people feel, Petros. That is just the point I was trying to make.

We have a friend who is a surgeon, he is loaded. Big house, kids all grown up (and doing well in their careers), no financial worries. He is more than 70 years old. Yet he keeps working full time (he is in great shape, fit to work full time).
 

YukonJack

Time Out
Dec 26, 2008
7,026
73
48
Winnipeg
"Work is more fun than not working."

I was 64 when I retired from a job that I totally adored, but recent transfer made me report to a total a$$hole. If that had not been the case, I would still be happily working. Especially since they changed the compulsory retirement age in Ontario.

I am not "rich", but I am quite comfortable. And even if I were a billionaire, I would not be stupid enough to spend any money for a hair transplant or $500,000 for a car.
 

lone wolf

Grossly Underrated
Nov 25, 2006
32,493
210
63
In the bush near Sudbury
What is financially secure? I don't have to worry about lay-offs, or making mortgage payments. The bills get paid, and as evidenced by this jellyroll around my belly button, I'm not starving....

I walk in the bush and listen to the critters....
...go out for long drives,
...peck away at this keypad developing ideas from which novels find birth,
...sing to my guitar when Uncle Arthur says it's okay,
...have a great time spinning yarns for the grandkids.

Who the Hell needs money?
 

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
4,340
113
Vancouver Island
I like what I do too much to retire. Might cut back to under 60 hrs/wk though. When working people retire they tend to die young unless they have something physical to do. OK for government employees that have never done much anyway since their bodies wouldn't notice the difference.
 

SirJosephPorter

Time Out
Nov 7, 2008
11,956
56
48
Ontario
I like what I do too much to retire. Might cut back to under 60 hrs/wk though. When working people retire they tend to die young unless they have something physical to do. OK for government employees that have never done much anyway since their bodies wouldn't notice the difference.

Many people are like that, taxslave. I don’t know if you have read ‘The Wealthy Barber’ or ‘The Millionaire Next Door’. They both make the point that somebody you know may be a millionaire but you may not know it.

He may be very well off, have plenty of assets (stocks, bonds, real estate etc.), but he lives the middle class life style, he goes to work every day, so it may not even occur to you that the guy may be a millionaire. He likes his work too much (like the wealthy barber) to retire.
 

petros

The Central Scrutinizer
Nov 21, 2008
113,721
12,938
113
Low Earth Orbit
Especially since they changed the compulsory retirement age in Ontario.

You can work untill you are 200 if live that long. There is no age limit. At 65 CPP cuts in but you can still work and even collect E.I. past 65.

You never knew that?
 

Spade

Ace Poster
Nov 18, 2008
12,822
49
48
10
Aether Island
1. Eating
2. Washing up
3. Cooking
4. Serving
5. Eating

From the Royal Commission on Activities of the Retired and Semiretired (2007, Queen's Printer, Ottawa, ON, M0R 2B8 )
 

Cannuck

Time Out
Feb 2, 2006
30,245
99
48
Alberta
I like what I do too much to retire.

I call bull****. I've heard this same thing from lots of folks and I just don't buy it. I love my job but there will come a time (hopefully in the not to distant future) I will retire and get hired on as a consultant. I can still stay active in the field but have the freedom of not being tied to it. If you honestly can't find other activities to do that are just as satisfying as working a day to day job, you truly are a sad individual.
 

Kakato

Time Out
Jun 10, 2009
4,929
21
38
Alberta/N.W.T./Sask/B.C
I call bull****. I've heard this same thing from lots of folks and I just don't buy it. I love my job but there will come a time (hopefully in the not to distant future) I will retire and get hired on as a consultant. I can still stay active in the field but have the freedom of not being tied to it. If you honestly can't find other activities to do that are just as satisfying as working a day to day job, you truly are a sad individual.

A consultant?
You want to be the fall guy?:lol:

thats why peeps hire consultants,so they have someone to throw the blame at when things go wrong.