Why You Should Not Think of Retiring Now
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
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...August 8, 2017
5 Reasons Why Retirement is Just the Beginning of Something Better
People who have been working for the most of their productive life face the inevitable question of “What will I do...August 8, 2017
Living Beyond Your Means: 6 Telltale Signs
Many finance gurus advise against living beyond your means as one of the surefire paths to wealth-building failure. Basically, living beyond...August 8, 2017
7 Tips to Start Saving Money Today Without Feeling Deprived
Saving money is just like going on a diet. There’s no better time to start it than today so that you...August 8, 2017
How To Re-Program Your Brain To Be Patient
Just how patient are you? Each of us has a different tolerance level when it comes to getting what we want....August 8, 2017
Are You Really Ready For Retirement? Here’s A Checklist
What is the definition of a comfortable retirement to you? Retiring comfortably means reviewing your spending and setting aside some money...August 8, 2017
These 7 Celebrities Love to Shop at Thrift Stores
Think your favorite stars only buy their stuff at designer shops? Think again, as there are a number of celebrities who,...August 8, 2017
6 Ways Proven to Deal with Office Politics and Come Out a Winner
Office politics are here to stay. In any organization, no matter how big or small, relationships between and among people working...August 8, 2017
The 5 Essential Shopping Tips You Should Never Forget
The smart moves you use when you do your grocery shopping may not necessarily apply when you go hunting for, say,...August 8, 2017