'Antiwork' movement may be long-run risk to labor force participation: Goldman Sachs
$Dow Jones Industrial Average(.DJI.US$ $S&P 500 Index(.SPX.US$ It will be interesting to see how this plays out. You would assume the younger folks will eventually need money.
I’m quite a bit older. I found that I could put up with toxic work environments assuming I got paid enough. I was literally checking the days to an early retirement. I finally hit 55 years old, realized I didn’t like a marginal tax rate in excess of 50 percent, still didn’t like the lack of work life balance, and I had hit my net worth target to retire. If work had been easier or taxes lower, maybe I would have kept working another year or two and padded the savings.
So I understand the sentiment. However, it seemed to me that I was going to have to work 30 or so years once I graduated from college before I could retire. I decided to just get it done.
I’m quite a bit older. I found that I could put up with toxic work environments assuming I got paid enough. I was literally checking the days to an early retirement. I finally hit 55 years old, realized I didn’t like a marginal tax rate in excess of 50 percent, still didn’t like the lack of work life balance, and I had hit my net worth target to retire. If work had been easier or taxes lower, maybe I would have kept working another year or two and padded the savings.
So I understand the sentiment. However, it seemed to me that I was going to have to work 30 or so years once I graduated from college before I could retire. I decided to just get it done.
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