Quote:
Originally Posted by CyberAge-Dave
If you are smart enough to make millions, you will never sell off and retire. You will find ways to making more millions, whatever job it may be, or business. Most people work to live, but I think most Millionaires live to work. It's fun and it's challenging.
I personally wouldn't know how to retire.
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I don't think that applies to me but I will let you know if I still feel the same way when I get to the point that I could retire if I wanted to. The way I see it now, I work 80 hours a week as a means to an end. To make money. When i've made enough and invested it wisely and can live off the passive proceeds I plan on "retiring". Doesn't mean I am going to move to a remote island where no one will ever see or hear from me again. But my ass wont be working no more 80 hour weeks. I will still have investments, may still play around or over see a couple active projects, but my "work" life will be cut by 80%. I want to enjoy life. While working, making money, and taking on challenges is fun... I would rather be spending more time with my family, taking vacations, fishing and playing golf, traveling to sporting events, and even laying on the beach all day vs continuing to work my ass off.
The people who say they could retire but don't want to either:
- are full of shit.
- really can't retire and maintain their current life style.
- are money hungry and money gives them more happiness then any of the stuff i mentioned above.
- Or just don't know how to enjoy life and relax.
I kind of think of it as going to the casino and gambling. When I get up $500 I color up and put the chip in my pocket. They wont get that back. If you go up and then continue playing because it is fun, don't know when to walk away and wind up losing it all back, then you might be the type to never be able to retire. When I reach the financial success point where I can retire, maintain my lifestyle, live off of safe passive investments, and have some money to play with I'm cashing in my chips. I wont continue to gamble what I've made nor waste my time trying to make more and more and more.