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Showing posts from February, 2019

On... Tap Dancing to Work

Recently I overheard my relatives  talking about retirement plans.   It went something like, “You’re going to be retiring in 5 years time. Have you planned on what you’re going to do next?”….. I would think that it’s quite obvious that when you reach retirement age - you retire? Well, it depends. Some choose not to whilst others don’t have a choice. Whichever it is, when is it a good time to start planning for it? I would say the earlier the better. Warren Buffett coined a term - Tap dancing to work. That ’ s basically how he feels when he goes to the office, not with reluctance but with joy. And if you ’re enjoying your work that much, then it isn’t really work, is it? He has been investing since he was 10 years old. In that case, you can probably say he retired at 10, and his next 70 plus years of investing was just having fun.   IF we plan-to/have-to work past retirement age ( about 65? in Australia ) , I assume ( given a choice ), most people would choose...