Retirement Reconsidered

Posted By damien on July 20th, 2009

retirementMore from Timothy Ferriss and The 4-Hour Workweek.  Tim is pretty averse to the idea of retirement at the end of your life.  He calls it the “deferred life plan”, with derision.  His alternative is mini-retirements throughout life.  I’ll let him explain:

If I offered you $10,000,000 to work 24 hours a day for 15 years and then retire, would you do it?  Of course not–you could’t.  It is unsustainable, just as what most define as a career: doing the same thing for 8+ hours per day until you break down or have enough cash to permanently stop.

How else can my 30-year-old friends all look like a cross between Donald Trump and Joan Rivers?  It’s horrendous–premature aging fueled by triple bypass frappucinos and impossible workloads.

Alternating periods of activity and rest is necessary to survive, let alone thrive.  Capacity, interest, and mental endurance all wax and wane.  Plan accordingly.

Tim advocates mini-retirements, short (1-3 month) periods of rest and personal pursuits to break up your work.  Why wait until you’re old and crusty to enjoy life?  Tim spends much of the rest of the book explaining how to make these mini-retirements work.

The New Rich aims to distribute “mini-retirements” throughout life instead of hoarding the recovery and enjoyment for the fool’s gold of retirement.  By working only when you are most effective, life is both more producitve and more enjoyable.  It’s the perfect example of having your cake and eating it too.

I would love to make these mini-retirements a part of my life–who wouldn’t!  I know that, like Tim says, my interests and passions wax and wane.  By working around those fluctuating energies, I am able to be more productive in life and not force unnatural activities.  Read the book to find out how to make these mini-retirements a reality for you.

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