Reply to Why do people with millions of dollars still work?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I have found myself wondering about this lately when you meet 80 and 90-year-old politicians who refuse to retire, and 80 and 90-year-old college professors.  I think for those people it's not about money but may be because they have no identity other than their professional identity and they are really dependent on external validation.  They can't imagine a life in which people aren't bowing and scraping and sucking up to them. [/quote]

Sure that may be part of it. But for college professors, it could very well be that they need the income. It takes a long time to acquire the education and possibly postdoctoral training to get into an academic gig. At the majority of colleges and universities, professors are not paid that well (but the tradeoff is that you have job security and less age'ism). People on this board tend to think about T25 universities, but that's not the majority of professors.[/quote]

Really? Think dude!  Someone who's 90 now did all this like 60+  years ago when these things cost peanuts or may have been paid for.  Even today, only an idiot will pay to get a PhD.  And professor salaries are nothing to sneeze at.  You can google salaries at any public university and see how well they get paid. They make good money and have fantastic benefits.  Someone who's working at 90 works because they made poor life choices - gambling, picked the wrong woman, etc, they want to see young things in a skirt rather than deal with a naggy old lady all day, or that's just their identity and they would die without it.[/quote]

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