Why You Should Not Think of Retiring at This Moment
As appealing as saying goodbye to your job might be, you should find many compelling reasons why you need to delay throwing in the towel and stay put in where you are right now. It’s not saying that you should not aim for retirement, but rather plan for it carefully and take your sweet time preparing for that eventuality.
So what could be the excuses that you could turn to for retirement to take a backseat at the moment? Well, here are the most crucial ones that are not merely excuses but are instead truthful justifications:
You’re only youthful and productive once
It’s okay to work your butt off, but you have to make sure that the rewards and all the great things you get out of your career are worth it. While you’re still young and able, take advantage of what you can do to develop new skills, hone current ones, and see how the fruits of your labor impact on both your team’s and company’s success. Stretch your learning and doing capacities to the limit. You might just surprise yourself and see how such a talent you are!
Being active through working is good for your health
You heard it right. Working does not only fatten up your wallet; it also makes you useful and feel useful. It’s human nature to be inspired when a sense of fulfillment happens — for a job well done, seeing a project through, being recognized for your accomplishments, or completing a difficult undertaking. Your ego is pretty much fed and your mind tells you that can do so much more. You also get to perform mental (and perhaps physical, too) exercises if you keep on working.
Increased social security returns
It goes without saying that a person wants to be secured and comfortable for life. Paying income tax is your duty for the government, but paying for state social security is your obligation to yourself. The longer you work, the more contributions you make to the pot. That pot will be your companion ultimately when you need it the most. Different countries have different ways of prescribing how much a worker has to shell out, but the purpose is the same — to secure your future.
Bigger personal funds
Enjoy your paycheck but set aside amounts to build your savings. You don’t have to be a math genius to figure out how much money you would be needing for your expenses versus the earnings you have saved up thus far and expect to be still getting. Sure, you may follow the so-called 4% rule in saving for retirement, but no rule could ever change the fact that the longer you work, the more you have money to spend and keep.
Preserving your relationships
Though working may not always be smooth-sailing because of the stress and people conflicts that may sometimes happen, lasting relationships are usually formed in the workplace. Individuals continue to work not just for the job and money, but for the people that they have come to appreciate and appreciate them in return.
Think not just twice, but several times before you make that irreversible decision of retiring. If these reasons that you’ve read all hold true for you, then you’re not ready to leave just as yet.
More in Retirement
Three Motivational Speakers Who Are Also Super Rich
Did you know that the self-help industry is an $11 billion dollar strong industry? Yes, a lot of people read self-help...January 8, 2018
Why Do We Impulse-Buy?
It is not an uncommon experience. You see a window-display that catches your attention with a sign that says “As much...January 8, 2018
The Best Low-Cost Retirement Places in the World
You work hard today so you can just chill and enjoy the fruits of your labor on retirement. And what better...January 8, 2018
When Is It Okay Not To Be Perfect?
When can you tell if your work is “good enough” without being mediocre? Your work is a clear reflection of yourself....January 8, 2018
The Truth Behind Why You’re Not Saving Money
You Don’t Have Enough Cash In the Bank Because You’re Failing to Save Money Having the means to put food on...January 8, 2018
10 Celebrities Who Got Student Loans
Taking out a loan to finance one’s studies only shows how the person gives such value to education Getting a good...January 8, 2018
6 Tips to Relaunch Your Career after a Really Long Gap
Breathing new life into your career after a long recess is a difficult task to do. If you have this onus...January 8, 2018
The Five Most Common Mistakes People Make With Their Retirement Funds
What Are The 5 Common Mistakes People Make With Their Retirement Money? Working for years to build your retirement fund is...January 8, 2018
How to Get Out of Debt Without Filing For Bankruptcy
When you’re in debt and broke, the only thing that seems to be the only thing left to do is to...January 8, 2018