Exposing One of the Biggest Problems in Financial Planning: Nobody Retires! Ever! RPF0012

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Finance, Retirement, Insurance, Business, Money, Education, Self-improvement, Financial, Independence, Growth, Advice, Investing, Family, Personal, Radical, Christian, Faith

4.4 • 1.9K Ratings

🗓️ 2 July 2014

⏱️ 95 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today on the Radical Personal Finance Podcast, we deal with the elephant in the living room: Nobody ever retires! Especially those who can afford to! Billionaires don’t retire. Poor people can’t retire (even though they desperately want to sometimes). The Four Hour Workweek Man works about 10 hours a day. Mr. Early Retirement Extreme himself […]

Transcript

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0:00.0	Radical Personal Finance, Episode 12.
0:05.0	Let me ask you guys about retirement.
0:07.0	You guys are both, full-time employees, you're your own boss, you work for us.
0:11.0	I know, sorry.
0:12.0	But no, what are your thoughts about it?
0:14.0	How long are you guys, would you work, how would you decide not to work?
0:17.0	You're going to work forever?
0:18.0	I'm not trying to tell me something.
0:19.0	I'm not trying to tell you.
0:20.0	I'm just curious. That's a safe one.
0:21.0	Good.
0:22.0	I hope you'd both never quit.
0:23.7	Have you thought about that at all?
0:25.1	Do you?
0:26.1	Sure you think about it.
0:27.1	I think Warren is much more fixed in his mind about what he's going to do about it.
0:32.8	And that's why when people say, well,
0:35.4	we ought to write a story about who's going to succeed
0:37.5	Warren Buffett.
0:38.2	And I say, you know, it's just kind of ridiculous
0:41.0	to say that because he isn't going to retire and if he doesn't
0:44.0	retire if he say he runs Berkshire 10 years more the whole set of people who might
	...

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