Top-10 Reasons to Retire
Early
and Other Important Retirement Wisdom That You Won't Get
from Your Financial Advisor
Top-Ten
Reasons to Retire
Early
How did the concept of
pensions to help people retire earlier than they have
to get started? Initially, this was a government
concept, but only for employees who could no longer
work, and not for employees who wanted to retire
early because they wanted to enjoy leisure
activities to the fullest while they were still
mentally and physically able.
Indeed, there was no such
thing as
my retirement plan,
how much do I need to retire
or
simple retirement
calculators.
The concept
of pensions started with the Roman
Empire and continued through the Civil War.
The idea at that time, however, was that pensions
were only extended to soldiers who became disabled on
the battlefield, for people who were forced to retire
early, in other words, because they could not
work.
The first non-government
pension plan to allow employees to retire with
dignity was created in 1875 by the American
Express Co. It was felt and piano manufacturer Alfred
Dolge, however, who conceived of the modern
company pension plan to allow employees to
retire with an income when they were unable
to work anymore.
Dolge established a
retirement plan designed to pay anywhere from 50
to 100 percent of wages to long-term employees who
could no longer work due to disability, which
often was a result of being older. His
company withheld one percent of each employee's
salary, placed it in the retirement fund, and added
six percent interest each year.
Eventually the concept of retirement
shifted so that it included those people who were able to
work but no longer wanted to because they had enough in
company pensions and personal savings to enjoy the good
life. Governments established the principle of people
officially retiring at 65.
Webster’s Dictionary defines retirement
as “withdrawal from active engagement in one’s occupation
or profession.” In fact, retirement is much more.
Retirement is a new stage in life and not an event.
That is many employees want to retire earlier than
65. There are many advantages to retire early as
described in the books
How to Retire Happy, Wild, and
Free,
The Joy of Not
Working, and
The Joy of Being Retired:
365 Reasons Why Retirement Rocks (and Work
Sucks!).
For example, if you retired in your
twenties or thirties after earning a fortune, you get to
agree with the words of Robert Benchley, “The thing to do
is to make so much money that you don’t have to work after
the age of twenty-seven. In case this is impractical, stop
working at the earliest moment, even if it is a quarter
past eleven in the morning of the day when you find you
have enough money.”
Here are two more quotes about why
retirement should be celebrated:
If I'd
known that retirement was going to be this good
I'd have done it the day after I left school
!!!
- Mickey White
(who lives in the United Kingdom and wrote to
Ernie
Zelinski about his
retirement book.)
Early retirement is the time to
pursue the dream and passion you've left in
the corner while you survived the kids,
marriage/divorce or going through the
motions of gaining material
things.
- Mona
Gallagher
The following two Top-Ten lists with
reasons for taking early retirement are adapted from the
two books mentioned above as well my one of my other
retirement books called 1001 Ways
to Enjoy Your
Retirement that was
published in French, Spanish, and Korean - but never in
English.
#1 of Top-10 Reasons to
Take Early Retirement
Early retirement allows you to
get your priorities straight. No one on his or her
death bed ever said, "I wish I would have spend
more time in the office."
#2 of Top-10 Reasons to Take
Early Retirement
A Samaritans survey found that
the link between work and suicide is likely
underestimated. In fact, in Japan, around 5 percent
of all suicides are "company related" and suicide
is an official, compensated work-related condition.
Early retirement just may prevent you from
committing suicide.
#3 of Top-10 Reasons to Take
Early Retirement
Life seems to go by so quickly.
We are so busy watching out for what's ahead of us
that we don't have time to enjoy where we are. Life
becomes a blur. Often it takes some calamity to
make us live in the present. That or early
retirement.
#4 of Top-10 Reasons to Take
Early Retirement
Instead of having to deal with
the tyranny of corporate bosses, you can be the
master of your own destiny.
#5 of Top-10 Reasons to Take
Early Retirement
You can lean back with a copy of
How to Retire Happy, Wild,
and
Free and care
not what happens. Retirement is the beginning of
life - not the end.
#6 of Top-10 Reasons to Take
Early Retirement
Ever have this thought? "What if
there is no afterlife and this
is all we get?" If that's the case, you may be
sitting in the office as those extremely precious
moments of all-too-short life disappear forever,
leaving you with no time to enjoy life the way it
was supposed to lived. Superman won't rescue you
but retirement will.
#7 of Top-10 Reasons to Take
Early Retirement
If you retired in your twenties
of thirties, you will be happy to
hear the words of Robert Benchley, "The thing to do
is to make so much money that you don’t have to
work after the age of twenty-seven. In case this is
impractical, stop working at the earliest moment,
even if it is a quarter past eleven in the morning
of the day when you find you have enough
money."
#8 of Top-10 Reasons to Take
Early Retirement
Howard Salzman pointed out,
"Retirement is not a time to sleep, but a time to
awaken to the beauty of the world around you and
the joy that comes when you cast out all the
negative elements that cause confusion and turmoil
in your mind and allow serenity to prevail."
#9 of Top-10 Reasons to Take
Early Retirement
You don't have to wind up like
so many people who retire too late - they have
given so much of themselves to their companies that
they don't have anything left in the tank for their
retirement.
#10 of Top-10 Reasons to Take
Early Retirement
Above all, it is a mistake to
retire too late in life because you
don’t get another chance to do it right!
Plan Now for
an Unexpected
Early
Retirement
Whether you want to retire early or not, your
retirement
planning should allow for an unexpected early
retirement. Why? Many people plan to work until they are 65
or 70 but they are forced into early retirement many years
earlier.
No doubt you will think, "Oh, this won't
happen to me." That is dumb thinking. Fact is, that was
exactly what the people were thinking at one time to whom
involuntary early retirement happened.
Just how big is the involuntary early
retirement problem? Here are some of
the retirement statistics from the Employee Benefit
Research Institute’s 2009 Retirement Confidence Survey:
In short, even if you think that you
are going to work until 65 or 70, you may be
forced to quit at 63 or 60 - or even much
younger.
#1 Trick for How to Retire
Happy?
I
was unhappy being retired until
I found
the
secret to a happy
retirement!
More Retirement Wisdom
That
You Won't Get from Your
Financial Advisor
(And the Top-10 Reasons to Retire
Even
If You Don't Take Early
Retirement)
Below the links to the various articles on
retirement advice that you won't get from your financial
advisor you will find the Top-10 Reasons to Take Early
Retirement and the Top-10 Reasons to Retire Early.
The articles and the two Top-10 lists are
adapted from the books 1001 Ways to Enjoy Your
Retirement; How to Retire Happy,
Wild, and Free; and The Joy of Being
Retired.
- My Retirement Plan
My Retirement Plan for Retiring Happy, Wild, and Free by Ernie Zelinski and Retirement Quotes Relating to Other People's Retirement Plans
- How Much Do I Need to Retire
How Much Money Do I Need to Retire? In other words, how much should I save for retirement or have I saved enough for retirement? Another question people ask themselves: "Is 2 million enough to retire?"
- Include Your Spouse in Your Retirement Plan
Include Your Spouse in Your Retirement Plan and NOT in My Retirement Plan: Couples in Retirement. Retirement can bring its own state of dejection, shortly after people leave the workforce or much later when adversity strikes.
- Reincarnation or Retirement
Retirement or Reincarnation: by Mark Rieke: Before I was retired I liked the word "retire." However now that I am retired, I have come to dislike the term. Unfortunately, the word "retirement" sounds like you are tired again or are close to death.
- Signs You Are Enjoying Retirement
Irrefutable Signs That You Are Enjoying Your Retirement: Ah, retirement - there is no life like it! Retirement should mean adventure, satisfaction, and happiness all on your own terms!
- How Not to Retire Rich
How NOT to Retire Rich — It's Easy! 35 Sure-Fire Ways to Ensure That You Live Broke, Retire Broke, and Die Broke!
- How Not to Retire Happy
How Not to Retire Happy - Easier Than Shooting Fish in a Barrel! Retirement Activities to Help Retirees Retire Happy, Wild, and Free: If you really believe that happiness can be bought, then why don’t you try selling some of yours?
- Retire Rich But Die Broke
Retire Rich But Die Broke: How much money should you have when you die? As little as possilbe. In fact, your retirement plan should be such that the last check that you write is to the undertaker and it bounces.
Top-Ten
Reasons to Retire Even If
You Don't
Take Early Retirement
#1 of Top-Ten Reasons to Retire
You no longer have to fear being
sent to an anger management class because of your
recent outbursts against your boss and co-workers.
You may feel that when one is being abused by
someone of authority or otherwise, anger is a
healthy and appropriate response. It is when you
are retired.
#2 of Top-Ten Reasons to
Retire
It's 2 o'clock in the afternoon
on a work day, the sun is shining,
and you're itching to spend the rest of the
afternoon outdoors - so this is exactly what you
do, unlike corporate workers who have to spend
their time imprisoned in a cubicle, working at a
lousy job.
#3 of Top-Ten Reasons to
Retire
Retirement is about adventure.
For instance, you can become a
barefoot hiker in rural North America or in the
mountains of South America, experiencing what many
natives experience who never wear shoes. There's
nothing like walking barefoot on the grass or in
sand in the early morning and continuing on through
the whole day.
#4 of Top-Ten Reasons to
Retire
No more having to face Draconian
corporate policies such as the company instituting
layoffs due to the economy and trying to save the
most money by downsizing the highest paid and
unhealthiest workers first.
#5 of Top-Ten Reasons to
Retire
You will discover by speaking to
other individuals that retirement is not
necessarily for everyone and that your intense joy
in the experience is not shared by every retiree.
This makes retirement even more special.
#6 of Top-Ten Reasons to
Retire
Chris Morley declared, "There is
only one success - to be able
to spend your life in your own way." The only
medium for achieving success, therefore, is through
retirement."
#7 of Top-Ten Reasons to
Retire
You get to wear a T-shirt with
the following written on it: "RETIRED: Who says a
woman's work is never done?"
#8 of Top-Ten Reasons to
Retire
Life seems to go by so quickly.
We are so busy watching out for what's ahead of us
that we don't have time to enjoy where we are. Life
becomes a blur. Often it takes some calamity to
make us live in the present. That or
retirement.
#9 of Top-Ten Reasons to
Retire
Work can be fun and rewarding,
without doubt, but so can being retired, goofing
off, and enjoying life. That's why
my retirement plan all along was to retire
early.
#10 of Top-Ten Reasons to
Retire
You get to tell your friends,
"If I had known retirement would be this great, I
would have killed to have gotten here sooner."
Incidentally, these were the words uttered by
retiree Kirk Symmes after he was forced to retire
from his sales job at 65 and took on a part-time
fun retirement job as a college instructor.
Trivia: "Retirement" is often spelled wrong
as
retirment. In fact, the search word retirment appears in
4,588 searches per month versus 381,480 for the correct
spelling.
The World's Best Retirement
Book
by
Ernie
Zelinski
You will learn the most powerful tips,
techniques, and secrets that can transform a boring retirement
into an exciting one, including:
-
How to enjoy retirement regardless of your
financial situation
-
How to unleash the transformative power of your
creative mind to enjoy leisure time like never
before
-
How to realize a deep new love for life
-
How to free yourself from the burdens of the fear
of retirement
-
How to put yourself firmly in command of your own
retirement destiny
Purchase the New Edition
of How
to Retire Happy, Wild, and
Free Today Through
These Direct
Links:
COPYRIGHT ©
2010 by Ernie J.
Zelinski
Owner of VIP
BOOKS
and Author of the
World's Best Retirement
Book
All Rights
Reserved
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