In Victory Lap It’s Not About “More Money”

My view about money changed since I left the corporate world, why I thought? Early in my life I was lead to believe that money was the most important measure, the one thing that matters on a personal scorecard. I became wired to succeed, earn promotions and win awards. All in the pursuit of “more money”, money for the family, money for more stuff. Continue reading “In Victory Lap It’s Not About “More Money””

Where did the idea of Retirement come from?

I was reading an article on retirement in The Atlantic. The article discussed the earliest concept of retirement dating back to Otto von Bismarck of Prussia in 1881. The concept was to provide financial support to “older members” of society. The idea was radical because people did not retire, if you were alive you worked. At the time the majority of people were employed in agriculture to feed the masses. The struggle for payment continued for 8 years and finally with pressure from the socialists, legislation was introduced for the state to take care of those disabled from work. Social security was later introduced for those over 70 years old, however 70 was well above life expectancy at the time. Continue reading “Where did the idea of Retirement come from?”