Tuesday, 10 November, 2009
The number of well-known pop and rock musicians over the age of 70 who are still performing and recording is growing. Why? It’s not for the money – they have bucket loads already – they’re still at because it’s simply what they love doing.
So why keep on doing it when they could all just put their feet up? “I get a £34 state pension, so I can’t stop,” jokes the fabulously rich Wyman. More seriously, he says that playing music “is where my heart is”. Swarb, who before a double lung transplant was performing in a wheelchair with oxygen tanks on stage, used to work as a printer, but never thought of himself as one. A fiddler, he says, is “who I am. If I stopped, I might as well chop my head off.”
Tags: musicians, performing, retirement, vocation, work
Wednesday, 1 July, 2009
Retirement, and superannuation payments, seem to rapidly be becoming an outdated concept.
Although the idea that “we are all getting older” is a truism, few governments, employers or individuals have yet come to terms with where longer retirement is heading: the end of the whole concept. Whether we like it or not, we are going back to the pre-Bismarckian world, where work had no formal stopping point. That reversion will not happen overnight, but preparations should start now – to ensure that when the inevitable happens it is a change for the better.
Tags: aging, future, old age, retirement, work
Wednesday, 29 April, 2009
Watching TV becomes an expensive past time if you take the hourly rate of your present job and calculate it by your number of viewing hours.
To put it into perspective, if you watch an average of 31.5 hours of TV each week (which the average person in the US does) and you value your time at minimum wage of $5.85 an hour, you are spending nearly $800 a month ($798.53) to watch TV. That comes to nearly $10,000 ($9582.30) a year. I would imagine that most people reading this value their time well above minimum wage, so the cost is likely several times that number. When you look at it from that perspective, watching TV is an extremely expensive and financial draining habit to have.
While I’m stretching it to make two hours a week, it does put an interesting perspective on the amount of time spent watching TV.
Tags: cost, income, money, retirement, startups, TV, TV viewing
Friday, 17 October, 2008
Steve Jobs walks onto the stage at a product launch with senior Apple executives Tim Cook and Jony Ive, and straight away talk surfaces that his retirement is imminent:
Steve Jobs is leaving Apple. Not tomorrow, but probably very soon. That’s why he started to say good bye today, doing something more important than just presenting new MacBooks, MacBook Pros, and an updated MacBook Air. Today’s event was a play in which he clearly told everyone that the company is more than himself. Since the very first minute, when he immediately sat down to let Tim Cook talk, he was saying: “Hey, look, Apple is more than Steve. These are The Guys, the Goodfellas, the A-Team. They share the same vision I have. And they are going to push the company forward when I change my office chair for a hammock and caipirinhas on my private beach in Hawaii”.
Refuted at Daring Fireball though:
Why would he leave now? “A hammock and caipirinhas on a private beach” would be living hell for Steve Jobs.
Tags: Apple, retirement, Steve Jobs, technology
Tuesday, 22 July, 2008
One way to avoid retirement, or at least handing over control of your companies to someone else, create a conglomerate like entity and somehow bring it to life…
“And so, ladies and gentlemen, I have thrown into action a complicated sequence of company mergers and buy-outs, and a logarithmically positioned series of investments, that now mean all my main subsidiary companies form a unique pattern across the globe. It’s a pattern so complex that no other sequence of values come close to it, save for the integers of DNA. “And that is no accident. For I have arranged my companies in the one precise global sequence that will set the conditions right for the birth of life itself. My company is now so complex, so intelligent, so diverse and yet so intricately controlled that it has acquired all the first properties of a living organism. My company has become a life-form!
Tags: humour, retirement, Rupert Murdoch, succession planning