Most blue- and white-collar workers spend decades looking forward to retirement, ostensibly so they can stop working and start living. But financial coach and Right Riches for You facilitator, Curry Glassell, has a vital secret she wants to share. “Wealthy people don’t retire”, she confides.
And why would they?
If the statistics are to be believed, it seems that retiring may be bad for your health. In fact, one British study found that, after an initial period of greater health and well-being, retirement can increase your risk of illness (physical or mental) by as much as 60%.
“To truly understand the effects of retirement on our psyche, it pays to research what the word really means. Most people look forward to retirement as a time of freedom and enjoyment. But the word retire, from French retirer, actually means to withdraw”, Glassell explains.