Reply to Why wouldn't you retire on $5M?

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Reply to "Why wouldn't you retire on $5M?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It’s all about what works for you.  I went back to work full time a year ago at 58 after almost 30 years as a sahm and PT consultant.  What nobody tells you is staying busy and happy and fulfilled takes a lot of work.  I wasn’t happy once my kids were grown, parents died and husband returned to the office.  Lunching, Yoga, pickleball and travel got old and having my life’s purpose on most days being making dinner walking the dog was honestly depressing. I couldn’t imagine doing just that and volunteering for 30 more years.    I love the structure and camaraderie of work and the paycheck.  My job is not high stress but it’s interesting.  I’d like to work til 65-67.    Just my perspective - and we have a little over 5 mil now.  
[/quote]

If you need a job to feel important and fulfilled then go for it.  But [b]I find it a bit sad that you cannot find ways to fill your day "meaningfully" without a job at age 60[/b][/quote]

The reality is that most people cannot - which is why people massively cognitively decline after just a few years of retirement.[/quote]

This.  The research is now pretty strong about the cognitive decline after retirement almost regardless of age (after 50).  You cannot get it back.[/quote]

As usual the research is much more nuanced than a five word description-- really depends on the person and the aspect of cognition your are talking about.

Meanwhile, research also suggests that happiness goes for many retired people.[/quote]

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