Planning to Retire

Doing Nothing in Retirement

By Emily Brandon

Posted: August 25, 2008

When asked what he would do if he had a million dollars, Peter Gibbons, of the cult movie classic Office Space, replies, "I would relax. I would do nothing." Later in the movie, he actually seems quite happy about his choice to slack off and says, "I did nothing. I did absolutely nothing, and it was everything that I thought it could be."

After all those years of work, haven't you earned a little leisure? Why must retirees immediately hop into a deluge of activities similar to the productivity of work? Jonathan Edelfelt, author of Who Said You Need Millions? Retirement Strategies for the Rest of Us (and a frequent Planning to Retire commenter), recently wondered on his blog why we don't read about any older people simply relaxing and enjoying their retirement. Even Edelfelt's favorite personal finance writers pushing retirement age—Scott Burns, Ben Stein, and Suze Orman—don't seem to have retirement on the agenda, even while they coach others about how to do so.

Last week, I spent some time with a group of retirees volunteering at a nonprofit garden in California. Although most were over age 65, they rattled off lists of activities that would exhaust many 20-somethings: gardening, table tennis, softball, woodshop, hiking, and part-time jobs. In fact, no one even mentioned stereotypical retiree pastimes like bingo, shuffleboard, or just watching TV. The retirees seemed quite pleased with their active lifestyles and said they couldn't imagine slowing down. And most baby boomers indicate that they intend to work past traditional retirement age for financial and personal reasons.

Tell us, do you aspire to a retirement of leisure?

Leisure? Nah.

Leisure is boring if you have too much of it. I can see if you worked with your body all your life (construction, trades, etc.) but if you sat at a desk (like me), who the heck wants leisure?

Rhea of MA @ Aug 25, 2008 16:49:38 PM

my aspiration in older age

I do not aspire to a retirement of leisure. While retirement is another 20+ years off for me, and I don't think I'll reach financial independence before then. I'd be much more interested in participating in the life of my multi-generational community during my retirement years than to live out my days totally buzzed on leisure.

As for recreation and leisure, I'm looking for ways to add more leisure to my life now instead of 20 years from now, but again, it won't take up my whole schedule.

djchuang of CA @ Aug 25, 2008 15:46:44 PM

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Planning to Retire

Planning to Retire

Reporter Emily Brandon tells you how to get ready financially for retirement and to make your golden years the best they can be.

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