Expert Says Best Time To Retire… Is Never

by | Mar 21, 2020

Expert Says Best Time To Retire… Is Never

Dreaming of retirement? Turns out your golden ages could be more of a nightmare.

Many people are saving and planning for retirement. They put money away, scout out trips they will take and counting down the days. But now, one author and neuro-scientist says the best time to retire… might be never.

On a recent TED Ideas blog, Daniel Levitin said he interviewed people between the ages of seventy and one hundred to understand what leads to being satisfied in life. Turns out the common thread is working. But working doesn’t mean spending a few hours a day on a hobby such as golf or gardening. It means having a boss, deadlines and obligations you need to meet.

Levitin says too much time spent with no purpose leads to unhappiness. And if you need proof, consider some of the people still working in their retirement age — the Dalai Lama, a few members of the supreme court and the remaining presidential candidates.

And in order to help people, Levitin says businesses should accommodate them. Think of a part time job but with full time perks.

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Brian Banmiller

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CBS News Radio national business journalist Brian Banmiller has spent more than 40 years in the news industry, covering business, politics and the economy on television, radio and in print. Currently, his “Banmiller on Business” reports are delivered to an audience of millions nationwide.

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