Rachel Feintzeig

speaker

1,709 appearances 29 recordings 1 series first heard Aug 2019 last heard Nov 2024

Rachel Feintzeig’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Why People Can’t Figure Out When It’s Time to Retire · 13 Nov 2023 podcast

For a lot of people, work becomes your identity. voice-verified

I mean, it forms the backbone of our days, just the sheer number of hours that we work. voice-verified

There's a real rhythm to that we can get addicted to and feel kind of lost when it's gone. voice-verified

Even more deeply than that, there's a sense that what we do is who we are. voice-verified

We go to a party and the first thing people ask is, what do you do? voice-verified

And like, what do you say when you're retired? voice-verified

One professor who studies retirement told me that voice-verified

When you're retired, everything becomes about the word was, you know, you're kind of living in the past tense. voice-verified

And I think for a lot of people, that's really scary when they're staring it down. voice-verified

Yes. voice-verified

And some of that is financial. voice-verified

I mean, people have to work longer because they're not able to financially retire. voice-verified

There's also a sense that some people don't want to retire. voice-verified

We're also living longer. voice-verified

The idea used to be that it was maybe five years between a physically taxing job and your death. voice-verified

And you would have this like brief respite in retirement and now people can be staring down decades. voice-verified

And, you know, what I heard from a lot of experts, too, was this idea that financially and psychologically, we can't afford necessarily to just have 30 years of leisure. voice-verified

I mean, it might seem like really appealing. voice-verified

to those of us like me that are in the thick of it with work and kids. voice-verified

It sounds like a dream, but there's actually a lot of research out there that shows that if you have too much free time on your hands, it can actually make you just as unhappy as when you don't have enough time. voice-verified

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