From Yahoo Finance: 2025-05-10 07:02:00

1. Retirement is a big decision, with potential pitfalls like cash-flow mistakes and boredom. David Letterman argues retirement is a myth, as many struggle without a sense of purpose. Experts agree that staying active and finding new hobbies are key to a fulfilling retirement.
2. For some, retirement doesn’t mean stopping work altogether. Many retirees find purpose in part-time jobs or volunteer work, like running finances for local organizations. Wealthy individuals like Letterman, Bill Gates, and Bernard Arnault continue working because they enjoy it, not for financial reasons.
3. Prospective retirees can "test" retirement by taking time off to see what adjustments might be needed. Ensuring a fulfilling retirement involves staying active, finding purpose, and creating a balanced routine.

Read more at Yahoo Finance: Do Experts Agree With His ‘Myth of Retirement’?