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Old 10-05-2017, 03:51 PM
 
Location: On the road
5,951 posts, read 2,895,036 times
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I've never been caught up in the whole "slaving away for someone else" mentality that I sometimes see. Whether I'm working for my own business or someone else's business I'm going to work and doing as good a job as I can. There are trade offs, but neither is inherently more/less rewarding to everyone, people are different and value different things.

There also is no rule saying you must work until 65, or die at that same age.
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Old 10-05-2017, 04:10 PM
 
Location: Lakewood OH
21,697 posts, read 23,668,169 times
Reputation: 35449
Sure I "slaved away for someone else" but I didn't let that define my life. There were other hours in the day and night when I could be my own self doing the things I loved to do.

It's a matter of balance, work some, play some when you can. If you wait until retirement to follow your heart's desire you can be setting yourself up for disappointment.
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Old 10-05-2017, 04:21 PM
 
Location: Colorado Springs
4,845 posts, read 4,956,944 times
Reputation: 17319
Quote:
Originally Posted by Jacksnacknyc View Post
So is everyone in NYC okay with slaving for other people and retiring at an old age and then dying?
It honestly doesn't make any sense to me...
why is life set up this way? It's a system I know but... don't we all wanna stay away from the system?
Thoughts on this?
Actually, quite a few die well before they make it to old age.

My wife works with those "homeless" people downtown as a nurse in a clinic. They too want to stay away from the system. I can't imagine why they would make the choice to sleep under a bridge on a frozen night instead of working so they could afford a roof over their head.

If you didn't need to work "for other people", what would you do?
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Old 10-05-2017, 04:23 PM
 
Location: DFW - Coppell / Las Colinas
32,022 posts, read 36,645,712 times
Reputation: 38651
I'm going to stay in the best shape possible and make every effort to get more than the SS $ I paid in. I want at least 20 years of my return on that investment.
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Old 10-05-2017, 04:26 PM
 
2,243 posts, read 1,104,475 times
Reputation: 9123
Quote:
Originally Posted by Jacksnacknyc View Post
So is everyone in NYC okay with slaving for other people and retiring at an old age and then dying??
I didn't mind working, because working paid for my food, my clothing, my house, my car, and all my other expenses, which is so much better than doing without all those things. Oddly enough, nobody else wanted to pay for all my expenses. Weird, huh.

I suppose I could have not worked and just lived in the woods under a pile of leaves, eating bugs, but that's just not my cup of tea.
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Old 10-05-2017, 05:16 PM
 
Location: Lake Oswego, Manhattan, Aspen
3,236 posts, read 4,210,290 times
Reputation: 11627
Quote:
Originally Posted by Jacksnacknyc View Post
So is everyone in NYC okay with slaving for other people and retiring at an old age and then dying?
It honestly doesn't make any sense to me...
why is life set up this way? It's a system I know but... don't we all wanna stay away from the system?
Thoughts on this?
So, are you in a job where you don't get two days off, most weeks? Do you not get two weeks of vacation? Do you get far less than half your waking hours off, most days?

What gives? Do you spend an inordinate amount of time commuting? Do you have too many children? Do you have to spend all your off-time doing sports things with them/coaching "teams"... stuff like that?

I basically don't have much experience with "slaving for others", since I've owned my businesses since around age 30, and have owned investment properties since my late teens (long before DH and I were old enough to sign contracts on our own...).

And we had three kids - and cooked nearly every meal - from scratch - VEGAN, mostly (most people whine "it's so haaaaaaard!". We barely noticed).

Maybe it was better for us, because we bought a battered old Mercedes SEL, and hired a "maid" (bodyguard/chauffeur really) to schlep the kids around town in that tank of a car. That saved us ENDLESS hours (and taught Loubertha the 'Maid', the kids, and whoever they carpooled with, Hebrew, Yiddish, French, German, Italian, and Mandarin, since there were language cassettes playing in the car all the time) And we did NOT put the kids in "sports", which saved us tons of time and stress. Instead, we put them to work, scrubbing and painting the buildings owned by their own trust funds. And when the kids weren't working, or in study groups, Loubertha'd schlep them off to the gym or Martial Arts classes. Loubertha also did courier duty for us, and was always there, to run VIP friends to and from the airport. Made knowing us "invaluable". Again, it saved us TONS of time.

THEN, the kids started wanting to take over running things around the house (including money). Fine with ME. Never discourage initiative.... (scared the bejesus out of my husband, but then he didn't have my MBA training in Delegation...). Then, the kids were running their own investments. Then, the precocious things were showing up at board meetings. Never discourage initiative.

So, honestly, I have no experience with feeling like a slave. I started out in a two-room shack without running water. So every minute of my life feels like a luxurious adventure. My first dorm room was like a a palace. Plain-ol' dorm showers were a bigger thrill, to me, than any spa I've encountered since that first day I discovered the joys of actual warm water available for washing - instantly - any time I wanted it. The college cafeteria was like a five star restaurant. My first work-study office job was a thrill beyond compare. Minimum Wage, and I was RICH!!!

And did I mention the thrill of having access to WASHING MACHINES?!!!! They do EVERYTHING! You just put the clothes in there, and you don't have to heat up a pot of water on the fire in the yard, or poke-'em with a stick, or anything. You've really gotta try it!

And it's just been getting better, ever since. Yes, I'm involved in productive activities, from the time I start taking calls (whenever DH is through with our.... ahem... 'morning routine'), until whenever I turn off the computers, get off the cardio machines in our wardrobe rooms, and stop doing business for the night. But it's never been "SLAVING".

Maybe I've been lucky. Maybe I've been selfish. Maybe I just don't know any better. So, why is your life so much a matter of 'slaving', for you?
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Old 10-05-2017, 05:26 PM
 
Location: Paranoid State
13,047 posts, read 10,442,710 times
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I guess sort of like Paul Otellini. Sad.

https://en.wikipedia.org/wiki/Paul_Otellini
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Old 10-05-2017, 05:30 PM
 
Location: Grove City, Ohio
10,134 posts, read 12,387,762 times
Reputation: 13984
Quote:
Originally Posted by Principle Lewis View Post
Seriously.

I actually enjoy working. We live in a society, and its great to have a purpose in life. People that work later in life tend to live longer as well.
Exactly correct.

We live in a free country and if someone doesn't want to work at all that is their choice that they can eat out of dumpsters, collect a few bucks daily by panhandling while wearing the same clothes for two weeks between washes. Your choice, your freedom!

Where is it written anywhere that you are entitled to ever stop working? Maybe somewhere in the Constitution that I missed?

I'm 69, still working, do not plan to collect social security benefits until I turn 70 and when I do my wife, who is collecting 50% of my FRA benefit, and I will have plenty to comfortably retire in social security alone.

I deserve this because I worked for it and if someone doesn't want to that's fine but don't think it is somehow unfair because I get more because I made it happen doing whatever it was to do it.
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Old 10-05-2017, 06:27 PM
 
12,000 posts, read 5,126,293 times
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Quote:
Originally Posted by nicet4 View Post
Exactly correct.

We live in a free country and if someone doesn't want to work at all that is their choice that they can eat out of dumpsters, collect a few bucks daily by panhandling while wearing the same clothes for two weeks between washes. Your choice, your freedom!

Where is it written anywhere that you are entitled to ever stop working? Maybe somewhere in the Constitution that I missed?

I'm 69, still working, do not plan to collect social security benefits until I turn 70 and when I do my wife, who is collecting 50% of my FRA benefit, and I will have plenty to comfortably retire in social security alone.

I deserve this because I worked for it and if someone doesn't want to that's fine but don't think it is somehow unfair because I get more because I made it happen doing whatever it was to do it.
Did someone say you shouldn't work anymore if you enjoy it and going to work makes you happy? I'm going to stop working at 62 and my SS will be quite a bit less than yours. I'm good with that, never had a problem with it. I'll get what I deserve too.
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Old 10-05-2017, 06:27 PM
 
Location: Grove City, Ohio
10,134 posts, read 12,387,762 times
Reputation: 13984
Quote:
Originally Posted by BoogeyDownDweller View Post
If you have a problem with this why don't you move to a socialist country?

We know how well that goes... in socialist country's they get 30-35 hour work weeks, retirement options at 55, one month paid vacations, paid maternity/paternity leave, generous pensions, affordable housing and healthcare, and even labor rights and labor unions.

Who wants that?

In American capitalism we get none of that, but hey this 'Merica, land of the free home of the brave !!!

How dare you disgrace those who fought for you to work a 55 hour work week until your 75, earn no retirement benefits, have to reverse mortgage you home, end up homeless, and leave nothing for your children!

How dare you suggest things should be different? Don't you know this is the greatest country in the world? Besides who needs to retire when we have life expectancies comparable to third world countries!!
You can retire at 55 if that is what you want to do.

You speak of a wonderful socialist country so all you have to do is live like someone in France and you can have the retirement of someone in France.

The average size of a new home in France is 1,205 sq ft while in America it is 2,163 sq ft. All you gotta do is chop your house in half and if you don't like that you can always live in Great Britain where the average size of a new home is 818 sq ft not much larger than a small apartment.

Let's concentrate on the wonderful socialist country of England where everything is free!

Average number of cars or vans owned per household in England in 2002/2003 and 2014/2015, by region

In London it appears to be 0.8 cars per household while most of the country has but one car per household compared to the United States, dirty capitalist country that it is, has nearly double at 2.09 cars per household.

Now let's talk about total tax burden on each worker by referring to a comparison

A Comparison of the Tax Burden on Labor in the OECD, 2016

The average wage earner in the United States had a total tax burden of 31.7% in 2015 while the tax burden in France, a wonderful socialist country where everything is free, is 48% or a solid 16% more. Tell you what you do if you want to enjoy an early retirement like the French do. All you got to do is ave 16% of your total earnings from age 20 to 55 and I betcha you will have enough to retire at 55 too! At an average household income of $60,000 simply save $8,800 per year and in 35 years you too can have an extra $308,000 set aside for that wonderful early retirement which should be extremely easy to do if you have a one car family and live in a 1,205 sq ft house. Easy. Actually you would have much more than $308,000 because it would be safely invested earning interest and dividends.

If you really want to live a European retirement you can do exactly that but to do it you have to live as a European and have fun with that.

Quote:
Originally Posted by marino760 View Post
Did someone say you shouldn't work anymore if you enjoy it and going to work makes you happy?

What does happiness have to do with it? You do what you have to do to live the way you want to.
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