2011-10-21

Half Time (Retire Young Retire Rich)

Life is a game of time and money. A professional football game is made up of four fifteen-minute quarters and your working life is four ten-year quarters.

The Game of Money
Age Game Period
25 - 35 1st Quarter
35 - 45 2nd Quarter Retire Young Retire Rich!
------- Halftime -------
45 - 55 3rd Quarter
55 - 65 4th Quarter
------- Overtime -------
Out of Time


Will You Work Forever?



People who did not have anything at the end of the fourth quarter may have to work for the rest of their lives, which may not be a bad thing as long as you are able to work.

In fact, I believe working keeps us healthier and happier. I know because I retired at forty-seven and found it depressing ... which is why I keep working, even though I do not have to. ~ Robert Kiyosaki

Do something you enjoy and you can work at for as long as you want to work at it. There will come a time when you will call an end to the working game and really want to retire and do nothing. Also remember that doing nothing can still be expensive.

Every investor needs to pay attention to time. What worked for our parents' generation may not work for many of us. Watch the change in cycles. It is important to understand the velocity of money.