If you absolutely love what you do for a living, how can you imagine life without it?
There was a survey conducted a few years back by Spectrem Group, a wealth research firm, where Robert Frank of CNBC reported on that, “America’s highest earners don’t plan on retiring until they are at least 70 years old. Lower-income groups—and even those considered “affluent”—plan to retire much younger.”
George Walper, president of Spectrem, said that the main reason for the retirement-denial of the rich is that “many of them are entrepreneurs who love their work and can’t imagine life without it.”
He goes on to say, “Most of these people enjoy working and are very involved in their businesses. To them, it isn’t really work.”
However when it comes to people in lower-income groups, he said, “a job is a job—it’s a more traditional experience.” [Read more…]