This is the reason I likely won’t retire early - enjoy! Add me on Instagram: GPStephan
Get 2 Free Stocks on WeBull when you deposit $100 (Valued up to $1000): https://act.webull.com/k/Vowbik9Tm5he/main
The YouTube Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://bit.ly/2STxofv $100 OFF WITH CODE 100OFF
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
To start, this video was inspired by a CNBC article titled “The 5 downsides of early retirement that no one tells you,” written by Sam Dogen, who retired with $3 million dollars at the age of 34 - and documented his post-retirement lifestyle through his blog, The Financial Samurai.
In his article he describes the 5 downsides:
First, a lack of identity associated with quitting his work.
I’ve very much identified myself, from a young age, as the person who’s obsessed with whatever they find interesting…Admittedly, that’s just become a part of who I am - and without that, I just wouldn’t feel like the same person.
Second, the author says you may second guess your decisions in retirement.
And I could ABSOLUTELY see how relatable this would probably be to most people watching - at what point would you ever step back from a career, likely during the time where you’re at your highest income potential, to step back and do whatever? How much money are you leaving on the table by doing so, and could you ever go BACK to making the same amount of money if you wanted to?
Third, the author describes people thinking of you as a misfit for retiring early…
Maybe I’m just in Los Angeles, where it seems like no one has a job and everyone just hangs out at Cafe’s and Equinox all day…so I’ll just say, this is only one that I can’t fully conceptualize quite yet.
But…number 4 gets me…he says, you’ll be surprised that you’re not THAT much happier
There’s a saying that goes something like this: wherever you go, there you are. That applies to EVERYTHING. If you’re naturally an unhappy person, that’ll continue forward into retirement…if you’re an optimistic, happy person…that’ll continue forward into retirement. But don’t expect retirement to solve ALL of your emotional well-being problems.
And finally, 5, he mentions boredom…
This one is very real…I’ve never “Retired” from anything, but if I don’t have any plans, if I’m not working on something, or doing SOMETHING productive…I just don’t feel good. I feel lethargic, I feel tired, I feel unmotivated, I don’t feel challenged, and I get the feeling that I’m just wasting my life. That might sound extreme, but more than a few days without doing anything and I partially go crazy…I just feel like I’m deteriorating.
And I think that’s really the entire point of the CNBC article - that early retirement is not necessarily a cure to life’s problems. It’s not the light at the end of the tunnel that people make it out to be. While it can certainly solve some LOGISTICAL issues of time and money, it won’t cure unhappiness - and it won’t make you feel any better of a person.
And when it comes to me, here’s my thoughts and why I don’t think I’d ever be able to retire:
To me, the concept of “retiring” is leaving behind a career, or lifestyle you didn’t enjoy - and escape into something new that’s more fulfilling. But when it comes to that, I’ve gotta say…if I were retired, I’d just be doing the EXACT same thing that I’m doing now.
Maybe this won’t be the case in a few years from now, but at this moment - I just get so much enjoyment from being able to make youtube videos, express my thoughts, get creative with ideas, and hopefully share my insight with everyone watching. That, to me, is basically just like having fun all day…and there’s no reason to ever leave something I just enjoy so much.
That, to me, is what early retirement is all about - it’s not about quitting a job you hate, or thinking it’s going to be the end all be all…if anything, it’s really just the beginning to a more rewarding lifestyle where YOU dictate the terms and you decide what you want to work on.
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness @gmail.com

By Stock Chat

where the coffee is hot and so is the chat

26 thoughts on “Why i won t retire”
  1. Avataaar/Circle Created with python_avatars Jeeva Guru says:

    to retire is to expire

  2. Avataaar/Circle Created with python_avatars Snake Plissken says:

    I'm not targeting life on a beach. I just want to live frugally and have some passive income so I don't have to worry about losing my job each time the economy takes a dump.

  3. Avataaar/Circle Created with python_avatars Peter says:

    Talk to me in 30 years time young fella

  4. Avataaar/Circle Created with python_avatars JKim Piano says:

    Hello Graham! This is a great video!! It is a very good video that I watched more than once. Thank you so much for great content

  5. Avataaar/Circle Created with python_avatars Patryk Marek says:

    Frankly I cant imagine ever retiring. I'm happy to get a retirement fund etc but for me any sort of retirement is an emergency in case I'm unable to work anymore. I can imagine working less at some point and helping out with grandkids or volunteering but never ever seating on my butt drinking booze.

  6. Avataaar/Circle Created with python_avatars ANU START says:

    This guy makes all his money off investments, we has no reason to work

  7. Avataaar/Circle Created with python_avatars Hola! nate says:

    what if what i find most enjoyable is sleeping in and playing video games all day.

  8. Avataaar/Circle Created with python_avatars Sue Doenim says:

    All I need is a high income. LOL

  9. Avataaar/Circle Created with python_avatars Nicole Kunz says:

    Wherever you go, there you are. Love that

  10. Avataaar/Circle Created with python_avatars Seethi C says:

    So you’re never going to retire, you make a ton of money, and you’re very frugal. So what’s the point? Are you just planning to die with a pile of money?

  11. Avataaar/Circle Created with python_avatars Cris says:

    I’m a year late watching this video but I love ❤️ it !!!

  12. Avataaar/Circle Created with python_avatars Clouds says:

    My work keep my mind off depression. I know people who work solely as a way to cope with their ptsd. My boss is a veteran and memories from war keeps him up at night. It doesn’t help that his daughter also committed suicide. The guy owns three houses and is probably a millionaire but he is prob the saddest person I know.

  13. Avataaar/Circle Created with python_avatars Awedio Music says:

    Money is a means, not an end.

  14. Avataaar/Circle Created with python_avatars Raúl Antunez says:

    I won’t retire either. It’s just that I feel like I’d be bored all the time. And I want to contribute to society my whole life anyway. That doesn’t mean I’ll take some vacations to relax but I don’t feel like I’d be happy if I retire.

  15. Avataaar/Circle Created with python_avatars Nat Williams says:

    I think the issue is that people who can afford to retire early is that they are inherently people with strong work ethic and a need to learn and grow personally every day. For me it's inconceivable to not be doing something worthwhile with my day every day, whilst I understand the value of resting and doing low stress activities for your mind and your body, im just not a fan of the Christmas day couch laying TV watching marathon, it makes me anxious. I totally get why people with the capacity to retire early just don't

  16. Avataaar/Circle Created with python_avatars Joyce Barnett says:

    All depends if on your age my problem is all my friend work so if I’m not working I’m alone which really stinks when my friends retire there will be more people to hang out with. It gets lonely and boring I could have retired in my early fourties. Fortunately I can work when I want to.

  17. Avataaar/Circle Created with python_avatars Daniel Daniel says:

    Hope you sees my Instagram message “Daniel Liang”

  18. Avataaar/Circle Created with python_avatars Mohmee Gaik says:

    Don't retire from giving advice to us who is less financially wise.

  19. Avataaar/Circle Created with python_avatars Life Receiver says:

    Monthly expenditure:
    2 frozen chickens $6
    One bag rice $4
    One bag tomatoes $3
    One bunch bananas $3
    Mobile phone bill $50
    Monthly expenditure $70
    Annual $1000
    As long have $30,000 invested in growing stocks and shares that pays 4% dividends, i am financially independent forever.

    Live in abandoned houses and move immediately and politely when somebody claims it.

    Use woodstove or mobile solar generator to cook.

    Collect rainwater for drinking and flushing toilet.

  20. Avataaar/Circle Created with python_avatars Christopher Russell says:

    “I have the money to retire. Why do I not go live on a beach somewhere? Because that’s not fulfilling. Drinking and relaxing on a beach looks great on Instagram, but the real adventure? It’s HERE, in my city, where I can help my community and build a better society tomorrow.” -somebody in a Bitcoin doc on YouTube, can’t remember the name, who cares if I’m paraphrasing just let it sink in 😛

  21. Avataaar/Circle Created with python_avatars Dmitri Olympiev says:

    That was inspiring.

  22. Avataaar/Circle Created with python_avatars louis george says:

    My old tutor at school used to work in a really well payed managerial roll at MacDonalds but hated it and ended up becoming a teacher just because he loved doing it

  23. Avataaar/Circle Created with python_avatars Ken Cragg says:

    You rich people just don’t get it by 65 years of age the average person has wore out their body and needs to be able to take it easy as a former water well driller my body was wore out and in constant pain since forty years of age I am now on disability I didn’t even make it to 65 many more workers like me ask a disability lawyer hopefully with age will come some wisdom on your part instead of arrogance with more money

  24. Avataaar/Circle Created with python_avatars Jeremiah Noar says:

    Good for you man, but your nuts. I’m retiring as soon as I have 5.2 million in cash.

    I don’t know, maybe we just have two different ideas of what retirement can be

  25. Avataaar/Circle Created with python_avatars Schroeders Current events says:

    Graham for Congress… let’s face it, Graham has lived the American Dream. He knows what’s required and how to make it easier for the American people.

  26. Avataaar/Circle Created with python_avatars Joshua Kim says:

    I want to retire early

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.