A Quote by Laurence Kotlikoff
Retirement is a waste of time. The economy needs you!
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We do need a 'new economy,' but one that is founded on thrift and care, on saving and conserving, not on excess and waste. An economy based on waste is inherently and hopelessly violent, and war is its inevitable by-product. We need a peaceable economy.
Social Security is the foundation stone of that kind of retirement security. It not only needs to be strengthened in order to make sure it's there for younger baby boomers and Generations X and Y, but it probably needs to be strengthened and expanded because the retirement benefits now being offered by most employers are not sufficient to support middle-income Americans in their long years of retirement.
I waste at least an hour every day lying in bed. Then I waste time pacing. I waste time thinking. I waste time being quiet and not saying anything because I'm afraid I'll stutter.
The current institutionally provided retirement plans will not cover people's needs upon retirement.
This loving person is a person who abhors waste - waste of time, waste of human potential. How much time we waste. As if we were going to live forever.
My financial adviser Ric Edelman...thinks the time to start educating people about money is when they are children. He's set up a retirement plan called the RIC-E-Trust that can provide retirement security. A $5,000 one-time tax-deferred investment at birth, with an average interest rate of ten percent compounded, means that a child would have $2.4 million when he or she is 65 years old. Who needs Social Security with that kind of nest egg?
Poverty is a national waste as well as individual waste. We are all diminished when any of us are denied proper education. The nation is the poorer - a poorer economy, a poorer civilization, because of this human and national waste.
The Master knows better than to exhaust His servants and quench the light of Israel. Rest time is not waste time. It is economy to gather fresh strength.
I'm a better musician now, and I rarely practice because age has taught me the value of economy. And I think I'm a better writer now because I don't waste as much time, dilly-dallying and sassafrassin' and sloop and sloppin' and frying eggs. When you start writing, half the time you're just saying howdy to the page. My process now is a little more lean and muscular. I don't waste a lot of time. When I had kids, I learned how much time I had before, and how much time you actually need to do something. If you don't have time, you'll just do it and get it done.
Rest time is not waste time. It is economy to gather fresh strength... It is wisdom to take occasional furlough. In the long run, we shall do more by sometimes doing less.
Time waste differs from material waste in that there can be no salvage. The easiest of all wastes and the hardest to correct is the waste of time, because wasted time does not litter the floor like wasted material.
We want an economy that grows health and wellbeing, not debt and carbon emissions. An economy that prepares and protects us from shocks to come, rather than making them worse. An economy that shares resources to meet all our needs, regardless of background. An economy that lets us live.
I'm not gonna squeal out that this is my 23rd retirement, my real, real retirement. But you know there comes a time where you need to look to go in another direction in life, and I have entered that time.
It is not true that people who accomplish things don't waste time and that people who waste time don't accomplish things. The very concept is ill-informed. You can't waste time and you can't save time; you can only choose what you do at any given moment.
The retirement age needs to be raised. A portion of Social Security ought to be privatized, if not all. And there probably needs to be some means testing. It's a Ponzi scheme that's not sustainable.
There's no time to waste. Every day, there needs to be movement on something.
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