Recently, while listening to Loral Langemeier’s signature talk again, I got to hear her define retirement in less than glowing terms. She claims the term was commonly used to describe a milk cow who was too old and was put out to pasture.
The term is used a bit differently now –
for one thing, we don’t treat our faithful animal friends with nearly as much kindness!
Anyways, I found these definitions for retired, and retiring:
1. to withdraw, or go away or apart, to a place of privacy, shelter,or seclusion: He retired to his study.
2. to go to bed: He retired at midnight.
3. to withdraw from office, business, or active life, usually because of age: to retire at the age of sixty.
4. to fall back or retreat in an orderly fashion and according to plan, as from battle, an untenable position, danger, etc.
5. to withdraw or remove oneself: After announcing the guests, the butler retired.
6. to withdraw from circulation by taking up and paying, as bonds,bills, etc.; redeem.
7. to withdraw or lead back (troops, ships, etc.), as from battle or danger; retreat.
8. to remove from active service or the usual field of activity, as an army officer or business executive.
9. to withdraw (a machine, ship, etc.) permanently from its normal service, usually for scrapping; take out of use.
10. in sports. to put out (a batter, side, etc.).
Lots of them sound fairly appealing to me but then I’m a bit of an introvert. But, I’d rather have a say in when I “withdraw from circulation” and that defines financial freedom for me.
What’s your idea of retirement? Will you be able to afford it?
Live Long (anyways) and Prosper,
Leah the Money Diva