Reply to Why are people obsessed with putting $$ in retirement?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]There’s a balance.  My in-laws have around $5 million in retirement and this is in addition to around $3 million in property.  They are still working.  They seem to think they need more money.  They are in their 70s.

I do look forward to inheriting that IRA but I think they are foolish for not retiring and enjoy their remaining years.  You can’t take it with you![/quote]

If they like their jobs, working is really good for them neurologically. I wish I had a job I loved enough to keep doing it when I didn't need the money and could be retired!  [/quote]

DP but my in laws are similar- FIL retired in December (doctor) and last month un-retired to start teaching. He’s 70. Partly I think my MIL was driving him crazy but he also has this weird insecurity about retirement when in reality they are in good shape. They had talked about traveling and spending more time with the grandkids but now if he works a couple more years, I wonder how much they’ll really be able to do that before travel becomes too cumbersome for them (my MIL is not the sturdiest person if that makes sense).  They live several states away and were planning to spend a month up here this summer. Now it will be back to long weekend visits.

But then there’s my parents, who don’t have nearly enough saved. My mom talks about retiring in a couple years but my dad will likely be working well into his 70s.[/quote]

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