Does the age of 65 seem to loom closer every year?
Are you worried that you’ll reach 65 without making your pile (of retirement cash)?
Fear not. 65 was the age chosen – in principle if not in precise value -one hundred and thirty years ago by Otto von Bismarck around and after 1880. The essence was to arrest the revolutionary movement by proving cradle-to-grave support for the masses. That meant that older workers needed to be removed to make job-spaces for younger workers. Hence retirement on a pension.
Look around you at the number of males, especially, who work until they are 65, take retirement, and die within 2 years.
As entrepreneurs we don’t have to retire; we do not fit the factory-worker mold.
As entrepreneurs we do what we do because we are passionate about doing it.
Why stop doing what you enjoy?
But do embark on those 3-year, 5-year, 10-year plans, even the 20-year plan. Who are you to say you won’t live until 90.
And if you do die before achieving your 20-year plan, won’t the first part of the trip have been worth it?