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Old 04-10-2016, 01:47 PM
 
8,954 posts, read 5,091,527 times
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retiring in your twenties is just a fancy word for being lazy. I see a lot of people. oh i'm retired, no, you were fired and now you are unemployed
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Old 04-10-2016, 02:20 PM
 
Location: Somewhere in America
12,304 posts, read 10,771,871 times
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What would you do with the rest of your life? Sit around watching Oprah all day? Yawn.
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Old 04-10-2016, 02:23 PM
 
5,825 posts, read 13,322,905 times
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What would you retire from? I would think if you retired and had no goals at such a young age that life would become quite boring and without any real meaning.
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Old 04-10-2016, 02:33 PM
 
Location: Buckeye, AZ
27,347 posts, read 15,790,881 times
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I doubt they would "truly" be retired at 20. If anything statically retired and then eventually enter the labor market in time.
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Old 04-10-2016, 02:36 PM
 
Location: Las Vegas
13,890 posts, read 25,335,938 times
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The really rich do this all the time and if you have buckets of money there's always something to do.

Average people doing this is a scary idea. It means they have given up on ever finding a job that will give them more than just subsistence living. So they learn to live cheap, grow their own food, and barter. I think we will be seeing more of this because a we no longer have enough middle class jobs. And many people will check out rather than continue to work for nothing for their whole lives.
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Old 04-10-2016, 03:03 PM
 
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
22,610 posts, read 39,986,663 times
Reputation: 23749
I don't consider retiring in your 20's any way a 'Wasted life / Career".... I trust that anyone capable of doing so is also much LESS likely to 'waste-their-life' than many who worked 30 yrs for the GOV and complained and hated every minute of it.

'career' does not equal an enriched, or enriching life. I know many more 20 - 30 yr olds who are capable of contributing much to society, than I do 'pensioners' who are more interested in staying home and counting their golden eggs. I can't imagine my 43 yrs in the workforce did much more for humanity than adding to the pockets of 'the-man' and investors. My patents and inventions were all to the advantages of the company, not mankind. What counted, was how I invested my time and money away from work. the younger, the better ! IMHO

But... 'Retiring in USA' @ age 20 something will have interesting Healthcare Challenges, chances are good the a(?)CA will not survive to 2020.
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Old 04-10-2016, 03:05 PM
 
Location: North Beach, MD on the Chesapeake
33,901 posts, read 42,143,850 times
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So this thread is about Paris Hilton?
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Old 04-10-2016, 03:13 PM
 
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
22,610 posts, read 39,986,663 times
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Not according to the cited article, it is legit, not some corner case.
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Old 04-10-2016, 03:45 PM
 
Location: NJ
131 posts, read 260,416 times
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If I had a business that was generating the kind of revenue that would let me retire in my 20s, I would much rather continue the business and generate more revenue. The kinds of people that start businesses are not the type to believe in full retirement anyway, from those that I know.

One of the few groups of people I could see retiring in their 20s are professional sports players. Get a five year $10 million contract and you're all set. Sign me up.
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Old 04-10-2016, 04:42 PM
 
13,923 posts, read 7,416,674 times
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I took 2 years off at age 40. I'm really good at leisure time. I skied all over the world. It was great and I was really recharged after that break. I think midweek and weekends are backwards. I'd be fine working 2 days for some intellectual stimulation and having 5 days to play.
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