Of course, there is the option of practicing according to the teachings of the Buddha and letting go of all your worldly possessions. People may think that an enlightened person does not need to have a cent to his name and just needs a space in the common room of a temple to sleep. Most people, however, can\u2019t live this way, which is why they need to hold on to enough assets to live on. Those living in the countryside need a place to live, a piece of land to grow various vegetables, and rice fields, while those living in the city need to have a principal amount in the bank that will yield enough monthly interest for them to live comfortably.<\/p>\n\n\n\n
It\u2019s not easy for people to earn money in their old age. Since they don\u2019t have a source of income, they may expect their children to give them some spending money and end up resenting them if they don\u2019t. To avoid such an outcome, it\u2019s necessary for people to keep some financial assets to live on in their old age. This way, parents can live independently from their children without expecting too much from their children or be overly attached to them.<\/p>\n","post_title":"You Should Hold Onto Enough Financial Assets To Live On After Retirement","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"you-should-hold-onto-enough-financial-assets-to-live-on-after-retirement","to_ping":"","pinged":"","post_modified":"2024-03-02 14:55:05","post_modified_gmt":"2024-03-02 19:55:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"jnews_block_37"};
\n
If you plan to distribute your assets among your children after retirement, it\u2019s a good idea to give away just seventy to eighty percent of your assets. You must keep twenty to thirty percent for your own. You can decide on the percentage depending on the size of your assets. If you don\u2019t have a lot of assets, the percentage you keep should be higher than if you have a lot. Either way, when parents maintain their financial freedom even after retirement, they will be able to live with dignity and are more likely to sustain a good relationship with their children.<\/p>\n\n\n\n
Of course, there is the option of practicing according to the teachings of the Buddha and letting go of all your worldly possessions. People may think that an enlightened person does not need to have a cent to his name and just needs a space in the common room of a temple to sleep. Most people, however, can\u2019t live this way, which is why they need to hold on to enough assets to live on. Those living in the countryside need a place to live, a piece of land to grow various vegetables, and rice fields, while those living in the city need to have a principal amount in the bank that will yield enough monthly interest for them to live comfortably.<\/p>\n\n\n\n
It\u2019s not easy for people to earn money in their old age. Since they don\u2019t have a source of income, they may expect their children to give them some spending money and end up resenting them if they don\u2019t. To avoid such an outcome, it\u2019s necessary for people to keep some financial assets to live on in their old age. This way, parents can live independently from their children without expecting too much from their children or be overly attached to them.<\/p>\n","post_title":"You Should Hold Onto Enough Financial Assets To Live On After Retirement","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"you-should-hold-onto-enough-financial-assets-to-live-on-after-retirement","to_ping":"","pinged":"","post_modified":"2024-03-02 14:55:05","post_modified_gmt":"2024-03-02 19:55:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"jnews_block_37"};
\n
This is not to say that you should hoard all your assets. You can give some to your children if you want, but you should keep your house and enough money to live comfortably. This way, you will still have some assets to leave to your children when you pass away, and they will arrange a good funeral for you.<\/p>\n\n\n\n
If you plan to distribute your assets among your children after retirement, it\u2019s a good idea to give away just seventy to eighty percent of your assets. You must keep twenty to thirty percent for your own. You can decide on the percentage depending on the size of your assets. If you don\u2019t have a lot of assets, the percentage you keep should be higher than if you have a lot. Either way, when parents maintain their financial freedom even after retirement, they will be able to live with dignity and are more likely to sustain a good relationship with their children.<\/p>\n\n\n\n
Of course, there is the option of practicing according to the teachings of the Buddha and letting go of all your worldly possessions. People may think that an enlightened person does not need to have a cent to his name and just needs a space in the common room of a temple to sleep. Most people, however, can\u2019t live this way, which is why they need to hold on to enough assets to live on. Those living in the countryside need a place to live, a piece of land to grow various vegetables, and rice fields, while those living in the city need to have a principal amount in the bank that will yield enough monthly interest for them to live comfortably.<\/p>\n\n\n\n
It\u2019s not easy for people to earn money in their old age. Since they don\u2019t have a source of income, they may expect their children to give them some spending money and end up resenting them if they don\u2019t. To avoid such an outcome, it\u2019s necessary for people to keep some financial assets to live on in their old age. This way, parents can live independently from their children without expecting too much from their children or be overly attached to them.<\/p>\n","post_title":"You Should Hold Onto Enough Financial Assets To Live On After Retirement","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"you-should-hold-onto-enough-financial-assets-to-live-on-after-retirement","to_ping":"","pinged":"","post_modified":"2024-03-02 14:55:05","post_modified_gmt":"2024-03-02 19:55:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"jnews_block_37"};
\n
You can age gracefully when you have your own assets. If you don\u2019t have anything to live on, your later years will become miserable. So, you should keep your assets. If you give them away to your children, your relationship with your children may easily be ruined.<\/p>\n\n\n\n
This is not to say that you should hoard all your assets. You can give some to your children if you want, but you should keep your house and enough money to live comfortably. This way, you will still have some assets to leave to your children when you pass away, and they will arrange a good funeral for you.<\/p>\n\n\n\n
If you plan to distribute your assets among your children after retirement, it\u2019s a good idea to give away just seventy to eighty percent of your assets. You must keep twenty to thirty percent for your own. You can decide on the percentage depending on the size of your assets. If you don\u2019t have a lot of assets, the percentage you keep should be higher than if you have a lot. Either way, when parents maintain their financial freedom even after retirement, they will be able to live with dignity and are more likely to sustain a good relationship with their children.<\/p>\n\n\n\n
Of course, there is the option of practicing according to the teachings of the Buddha and letting go of all your worldly possessions. People may think that an enlightened person does not need to have a cent to his name and just needs a space in the common room of a temple to sleep. Most people, however, can\u2019t live this way, which is why they need to hold on to enough assets to live on. Those living in the countryside need a place to live, a piece of land to grow various vegetables, and rice fields, while those living in the city need to have a principal amount in the bank that will yield enough monthly interest for them to live comfortably.<\/p>\n\n\n\n
It\u2019s not easy for people to earn money in their old age. Since they don\u2019t have a source of income, they may expect their children to give them some spending money and end up resenting them if they don\u2019t. To avoid such an outcome, it\u2019s necessary for people to keep some financial assets to live on in their old age. This way, parents can live independently from their children without expecting too much from their children or be overly attached to them.<\/p>\n","post_title":"You Should Hold Onto Enough Financial Assets To Live On After Retirement","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"you-should-hold-onto-enough-financial-assets-to-live-on-after-retirement","to_ping":"","pinged":"","post_modified":"2024-03-02 14:55:05","post_modified_gmt":"2024-03-02 19:55:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"jnews_block_37"};
\n
When parents leave all their wealth to their offspring, they may be exposed to the danger of becoming broke and homeless if their offspring should go bankrupt. This isn\u2019t such a big problem when you are young because you can work hard to regain your wealth. In Korea, there is even a saying that goes, \u201cHardship during youth is worth paying money for.\u201d Because they have energy and potential, young people don\u2019t look pathetic when they are without money and live in a tent. However, nothing is more pitiful than seeing an old person broke and homeless. Therefore, even when any of your children become bankrupt, you should not lend him or her money by mortgaging your house. If you do, you may end up losing your house.<\/p>\n\n\n\n
You can age gracefully when you have your own assets. If you don\u2019t have anything to live on, your later years will become miserable. So, you should keep your assets. If you give them away to your children, your relationship with your children may easily be ruined.<\/p>\n\n\n\n
This is not to say that you should hoard all your assets. You can give some to your children if you want, but you should keep your house and enough money to live comfortably. This way, you will still have some assets to leave to your children when you pass away, and they will arrange a good funeral for you.<\/p>\n\n\n\n
If you plan to distribute your assets among your children after retirement, it\u2019s a good idea to give away just seventy to eighty percent of your assets. You must keep twenty to thirty percent for your own. You can decide on the percentage depending on the size of your assets. If you don\u2019t have a lot of assets, the percentage you keep should be higher than if you have a lot. Either way, when parents maintain their financial freedom even after retirement, they will be able to live with dignity and are more likely to sustain a good relationship with their children.<\/p>\n\n\n\n
Of course, there is the option of practicing according to the teachings of the Buddha and letting go of all your worldly possessions. People may think that an enlightened person does not need to have a cent to his name and just needs a space in the common room of a temple to sleep. Most people, however, can\u2019t live this way, which is why they need to hold on to enough assets to live on. Those living in the countryside need a place to live, a piece of land to grow various vegetables, and rice fields, while those living in the city need to have a principal amount in the bank that will yield enough monthly interest for them to live comfortably.<\/p>\n\n\n\n
It\u2019s not easy for people to earn money in their old age. Since they don\u2019t have a source of income, they may expect their children to give them some spending money and end up resenting them if they don\u2019t. To avoid such an outcome, it\u2019s necessary for people to keep some financial assets to live on in their old age. This way, parents can live independently from their children without expecting too much from their children or be overly attached to them.<\/p>\n","post_title":"You Should Hold Onto Enough Financial Assets To Live On After Retirement","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"you-should-hold-onto-enough-financial-assets-to-live-on-after-retirement","to_ping":"","pinged":"","post_modified":"2024-03-02 14:55:05","post_modified_gmt":"2024-03-02 19:55:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"jnews_block_37"};
\n
P:<\/strong> In the past, parents left all their wealth to their children when they retired, and since their children took good care of them for the rest of their lives, they did not have to worry about their future. However, times have changed. The middle-aged population now find that although they have honored and taken good care of their aged parents, their own children are unlikely to do the same for them. Therefore, parents, today should not give all their assets to their children when they retire.<\/p>\n\n\n\n
When parents leave all their wealth to their offspring, they may be exposed to the danger of becoming broke and homeless if their offspring should go bankrupt. This isn\u2019t such a big problem when you are young because you can work hard to regain your wealth. In Korea, there is even a saying that goes, \u201cHardship during youth is worth paying money for.\u201d Because they have energy and potential, young people don\u2019t look pathetic when they are without money and live in a tent. However, nothing is more pitiful than seeing an old person broke and homeless. Therefore, even when any of your children become bankrupt, you should not lend him or her money by mortgaging your house. If you do, you may end up losing your house.<\/p>\n\n\n\n
You can age gracefully when you have your own assets. If you don\u2019t have anything to live on, your later years will become miserable. So, you should keep your assets. If you give them away to your children, your relationship with your children may easily be ruined.<\/p>\n\n\n\n
This is not to say that you should hoard all your assets. You can give some to your children if you want, but you should keep your house and enough money to live comfortably. This way, you will still have some assets to leave to your children when you pass away, and they will arrange a good funeral for you.<\/p>\n\n\n\n
If you plan to distribute your assets among your children after retirement, it\u2019s a good idea to give away just seventy to eighty percent of your assets. You must keep twenty to thirty percent for your own. You can decide on the percentage depending on the size of your assets. If you don\u2019t have a lot of assets, the percentage you keep should be higher than if you have a lot. Either way, when parents maintain their financial freedom even after retirement, they will be able to live with dignity and are more likely to sustain a good relationship with their children.<\/p>\n\n\n\n
Of course, there is the option of practicing according to the teachings of the Buddha and letting go of all your worldly possessions. People may think that an enlightened person does not need to have a cent to his name and just needs a space in the common room of a temple to sleep. Most people, however, can\u2019t live this way, which is why they need to hold on to enough assets to live on. Those living in the countryside need a place to live, a piece of land to grow various vegetables, and rice fields, while those living in the city need to have a principal amount in the bank that will yield enough monthly interest for them to live comfortably.<\/p>\n\n\n\n
It\u2019s not easy for people to earn money in their old age. Since they don\u2019t have a source of income, they may expect their children to give them some spending money and end up resenting them if they don\u2019t. To avoid such an outcome, it\u2019s necessary for people to keep some financial assets to live on in their old age. This way, parents can live independently from their children without expecting too much from their children or be overly attached to them.<\/p>\n","post_title":"You Should Hold Onto Enough Financial Assets To Live On After Retirement","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"you-should-hold-onto-enough-financial-assets-to-live-on-after-retirement","to_ping":"","pinged":"","post_modified":"2024-03-02 14:55:05","post_modified_gmt":"2024-03-02 19:55:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"jnews_block_37"};
\n
As people get older, they stay vibrant when they keep active and stay useful. Older people in poor and destitute countries who have to keep working have eyes that are full of life, whereas those of people in the U.S who sit leisurely on park benches or rocking chairs do not have that same vigor and liveliness. Living in physical comfort with nothing much to do is not necessarily a good thing. Rather, it is beneficial for the mind and body to keep active whether it is by weeding in the field or cleaning the house.<\/p>\n","post_title":"Working In Old Age","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"working-in-old-age","to_ping":"","pinged":"","post_modified":"2024-05-07 11:50:55","post_modified_gmt":"2024-05-07 16:50:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18808","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18131,"post_author":"40","post_date":"2024-03-19 14:51:48","post_date_gmt":"2024-03-19 19:51:48","post_content":"\n
P:<\/strong> In the past, parents left all their wealth to their children when they retired, and since their children took good care of them for the rest of their lives, they did not have to worry about their future. However, times have changed. The middle-aged population now find that although they have honored and taken good care of their aged parents, their own children are unlikely to do the same for them. Therefore, parents, today should not give all their assets to their children when they retire.<\/p>\n\n\n\n
When parents leave all their wealth to their offspring, they may be exposed to the danger of becoming broke and homeless if their offspring should go bankrupt. This isn\u2019t such a big problem when you are young because you can work hard to regain your wealth. In Korea, there is even a saying that goes, \u201cHardship during youth is worth paying money for.\u201d Because they have energy and potential, young people don\u2019t look pathetic when they are without money and live in a tent. However, nothing is more pitiful than seeing an old person broke and homeless. Therefore, even when any of your children become bankrupt, you should not lend him or her money by mortgaging your house. If you do, you may end up losing your house.<\/p>\n\n\n\n
You can age gracefully when you have your own assets. If you don\u2019t have anything to live on, your later years will become miserable. So, you should keep your assets. If you give them away to your children, your relationship with your children may easily be ruined.<\/p>\n\n\n\n
This is not to say that you should hoard all your assets. You can give some to your children if you want, but you should keep your house and enough money to live comfortably. This way, you will still have some assets to leave to your children when you pass away, and they will arrange a good funeral for you.<\/p>\n\n\n\n
If you plan to distribute your assets among your children after retirement, it\u2019s a good idea to give away just seventy to eighty percent of your assets. You must keep twenty to thirty percent for your own. You can decide on the percentage depending on the size of your assets. If you don\u2019t have a lot of assets, the percentage you keep should be higher than if you have a lot. Either way, when parents maintain their financial freedom even after retirement, they will be able to live with dignity and are more likely to sustain a good relationship with their children.<\/p>\n\n\n\n
Of course, there is the option of practicing according to the teachings of the Buddha and letting go of all your worldly possessions. People may think that an enlightened person does not need to have a cent to his name and just needs a space in the common room of a temple to sleep. Most people, however, can\u2019t live this way, which is why they need to hold on to enough assets to live on. Those living in the countryside need a place to live, a piece of land to grow various vegetables, and rice fields, while those living in the city need to have a principal amount in the bank that will yield enough monthly interest for them to live comfortably.<\/p>\n\n\n\n
It\u2019s not easy for people to earn money in their old age. Since they don\u2019t have a source of income, they may expect their children to give them some spending money and end up resenting them if they don\u2019t. To avoid such an outcome, it\u2019s necessary for people to keep some financial assets to live on in their old age. This way, parents can live independently from their children without expecting too much from their children or be overly attached to them.<\/p>\n","post_title":"You Should Hold Onto Enough Financial Assets To Live On After Retirement","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"you-should-hold-onto-enough-financial-assets-to-live-on-after-retirement","to_ping":"","pinged":"","post_modified":"2024-03-02 14:55:05","post_modified_gmt":"2024-03-02 19:55:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"jnews_block_37"};
\n
If you travel to the countryside, you will see old men working like strong young men. When people are young, working in the city looks sophisticated and farming in the countryside seems outdated. However, those who work in the city are forced to retire at a relatively young age while there is no such thing as retirement for farmers even if they reach their seventies. Farmers can keep working as much as they are able to. Therefore, instead of relying on their children in their old age, they are able to send their children the produce they farmed even in their eighties.<\/p>\n\n\n\n
As people get older, they stay vibrant when they keep active and stay useful. Older people in poor and destitute countries who have to keep working have eyes that are full of life, whereas those of people in the U.S who sit leisurely on park benches or rocking chairs do not have that same vigor and liveliness. Living in physical comfort with nothing much to do is not necessarily a good thing. Rather, it is beneficial for the mind and body to keep active whether it is by weeding in the field or cleaning the house.<\/p>\n","post_title":"Working In Old Age","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"working-in-old-age","to_ping":"","pinged":"","post_modified":"2024-05-07 11:50:55","post_modified_gmt":"2024-05-07 16:50:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18808","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18131,"post_author":"40","post_date":"2024-03-19 14:51:48","post_date_gmt":"2024-03-19 19:51:48","post_content":"\n
P:<\/strong> In the past, parents left all their wealth to their children when they retired, and since their children took good care of them for the rest of their lives, they did not have to worry about their future. However, times have changed. The middle-aged population now find that although they have honored and taken good care of their aged parents, their own children are unlikely to do the same for them. Therefore, parents, today should not give all their assets to their children when they retire.<\/p>\n\n\n\n
When parents leave all their wealth to their offspring, they may be exposed to the danger of becoming broke and homeless if their offspring should go bankrupt. This isn\u2019t such a big problem when you are young because you can work hard to regain your wealth. In Korea, there is even a saying that goes, \u201cHardship during youth is worth paying money for.\u201d Because they have energy and potential, young people don\u2019t look pathetic when they are without money and live in a tent. However, nothing is more pitiful than seeing an old person broke and homeless. Therefore, even when any of your children become bankrupt, you should not lend him or her money by mortgaging your house. If you do, you may end up losing your house.<\/p>\n\n\n\n
You can age gracefully when you have your own assets. If you don\u2019t have anything to live on, your later years will become miserable. So, you should keep your assets. If you give them away to your children, your relationship with your children may easily be ruined.<\/p>\n\n\n\n
This is not to say that you should hoard all your assets. You can give some to your children if you want, but you should keep your house and enough money to live comfortably. This way, you will still have some assets to leave to your children when you pass away, and they will arrange a good funeral for you.<\/p>\n\n\n\n
If you plan to distribute your assets among your children after retirement, it\u2019s a good idea to give away just seventy to eighty percent of your assets. You must keep twenty to thirty percent for your own. You can decide on the percentage depending on the size of your assets. If you don\u2019t have a lot of assets, the percentage you keep should be higher than if you have a lot. Either way, when parents maintain their financial freedom even after retirement, they will be able to live with dignity and are more likely to sustain a good relationship with their children.<\/p>\n\n\n\n
Of course, there is the option of practicing according to the teachings of the Buddha and letting go of all your worldly possessions. People may think that an enlightened person does not need to have a cent to his name and just needs a space in the common room of a temple to sleep. Most people, however, can\u2019t live this way, which is why they need to hold on to enough assets to live on. Those living in the countryside need a place to live, a piece of land to grow various vegetables, and rice fields, while those living in the city need to have a principal amount in the bank that will yield enough monthly interest for them to live comfortably.<\/p>\n\n\n\n
It\u2019s not easy for people to earn money in their old age. Since they don\u2019t have a source of income, they may expect their children to give them some spending money and end up resenting them if they don\u2019t. To avoid such an outcome, it\u2019s necessary for people to keep some financial assets to live on in their old age. This way, parents can live independently from their children without expecting too much from their children or be overly attached to them.<\/p>\n","post_title":"You Should Hold Onto Enough Financial Assets To Live On After Retirement","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"you-should-hold-onto-enough-financial-assets-to-live-on-after-retirement","to_ping":"","pinged":"","post_modified":"2024-03-02 14:55:05","post_modified_gmt":"2024-03-02 19:55:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"jnews_block_37"};
\n
Even at a farm, all the produce like lettuce and cabbages seem to flourish in the hands of older people but do not do so well under the care of younger people. Therefore, if the older people plant the seeds and tend to the crop while the younger people undertake the more laborious tasks, they can achieve harmony. When people can work this way, even people in their eighties are able to play a significant role.<\/p>\n\n\n\n
If you travel to the countryside, you will see old men working like strong young men. When people are young, working in the city looks sophisticated and farming in the countryside seems outdated. However, those who work in the city are forced to retire at a relatively young age while there is no such thing as retirement for farmers even if they reach their seventies. Farmers can keep working as much as they are able to. Therefore, instead of relying on their children in their old age, they are able to send their children the produce they farmed even in their eighties.<\/p>\n\n\n\n
As people get older, they stay vibrant when they keep active and stay useful. Older people in poor and destitute countries who have to keep working have eyes that are full of life, whereas those of people in the U.S who sit leisurely on park benches or rocking chairs do not have that same vigor and liveliness. Living in physical comfort with nothing much to do is not necessarily a good thing. Rather, it is beneficial for the mind and body to keep active whether it is by weeding in the field or cleaning the house.<\/p>\n","post_title":"Working In Old Age","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"working-in-old-age","to_ping":"","pinged":"","post_modified":"2024-05-07 11:50:55","post_modified_gmt":"2024-05-07 16:50:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18808","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18131,"post_author":"40","post_date":"2024-03-19 14:51:48","post_date_gmt":"2024-03-19 19:51:48","post_content":"\n
P:<\/strong> In the past, parents left all their wealth to their children when they retired, and since their children took good care of them for the rest of their lives, they did not have to worry about their future. However, times have changed. The middle-aged population now find that although they have honored and taken good care of their aged parents, their own children are unlikely to do the same for them. Therefore, parents, today should not give all their assets to their children when they retire.<\/p>\n\n\n\n
When parents leave all their wealth to their offspring, they may be exposed to the danger of becoming broke and homeless if their offspring should go bankrupt. This isn\u2019t such a big problem when you are young because you can work hard to regain your wealth. In Korea, there is even a saying that goes, \u201cHardship during youth is worth paying money for.\u201d Because they have energy and potential, young people don\u2019t look pathetic when they are without money and live in a tent. However, nothing is more pitiful than seeing an old person broke and homeless. Therefore, even when any of your children become bankrupt, you should not lend him or her money by mortgaging your house. If you do, you may end up losing your house.<\/p>\n\n\n\n
You can age gracefully when you have your own assets. If you don\u2019t have anything to live on, your later years will become miserable. So, you should keep your assets. If you give them away to your children, your relationship with your children may easily be ruined.<\/p>\n\n\n\n
This is not to say that you should hoard all your assets. You can give some to your children if you want, but you should keep your house and enough money to live comfortably. This way, you will still have some assets to leave to your children when you pass away, and they will arrange a good funeral for you.<\/p>\n\n\n\n
If you plan to distribute your assets among your children after retirement, it\u2019s a good idea to give away just seventy to eighty percent of your assets. You must keep twenty to thirty percent for your own. You can decide on the percentage depending on the size of your assets. If you don\u2019t have a lot of assets, the percentage you keep should be higher than if you have a lot. Either way, when parents maintain their financial freedom even after retirement, they will be able to live with dignity and are more likely to sustain a good relationship with their children.<\/p>\n\n\n\n
Of course, there is the option of practicing according to the teachings of the Buddha and letting go of all your worldly possessions. People may think that an enlightened person does not need to have a cent to his name and just needs a space in the common room of a temple to sleep. Most people, however, can\u2019t live this way, which is why they need to hold on to enough assets to live on. Those living in the countryside need a place to live, a piece of land to grow various vegetables, and rice fields, while those living in the city need to have a principal amount in the bank that will yield enough monthly interest for them to live comfortably.<\/p>\n\n\n\n
It\u2019s not easy for people to earn money in their old age. Since they don\u2019t have a source of income, they may expect their children to give them some spending money and end up resenting them if they don\u2019t. To avoid such an outcome, it\u2019s necessary for people to keep some financial assets to live on in their old age. This way, parents can live independently from their children without expecting too much from their children or be overly attached to them.<\/p>\n","post_title":"You Should Hold Onto Enough Financial Assets To Live On After Retirement","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"you-should-hold-onto-enough-financial-assets-to-live-on-after-retirement","to_ping":"","pinged":"","post_modified":"2024-03-02 14:55:05","post_modified_gmt":"2024-03-02 19:55:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"jnews_block_37"};
\n
In today\u2019s society, elderly people are treated as if they cannot do anything, but if you look around, there is plenty of work for them to do. In our Jungto practitioners\u2019 community, we see that when young people make kimchi or bean paste, it lacks flavor, but when the older ladies make it, it is delicious. Since the physical labor that goes into making these foods is too taxing for the older practitioners they can divide the work with the younger practitioners and work in harmony as a team. When young people do the heavy lifting and older people offer advice on combining the condiments or salting cabbages, the job can be completed in a very efficient manner.<\/p>\n\n\n\n
Even at a farm, all the produce like lettuce and cabbages seem to flourish in the hands of older people but do not do so well under the care of younger people. Therefore, if the older people plant the seeds and tend to the crop while the younger people undertake the more laborious tasks, they can achieve harmony. When people can work this way, even people in their eighties are able to play a significant role.<\/p>\n\n\n\n
If you travel to the countryside, you will see old men working like strong young men. When people are young, working in the city looks sophisticated and farming in the countryside seems outdated. However, those who work in the city are forced to retire at a relatively young age while there is no such thing as retirement for farmers even if they reach their seventies. Farmers can keep working as much as they are able to. Therefore, instead of relying on their children in their old age, they are able to send their children the produce they farmed even in their eighties.<\/p>\n\n\n\n
As people get older, they stay vibrant when they keep active and stay useful. Older people in poor and destitute countries who have to keep working have eyes that are full of life, whereas those of people in the U.S who sit leisurely on park benches or rocking chairs do not have that same vigor and liveliness. Living in physical comfort with nothing much to do is not necessarily a good thing. Rather, it is beneficial for the mind and body to keep active whether it is by weeding in the field or cleaning the house.<\/p>\n","post_title":"Working In Old Age","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"working-in-old-age","to_ping":"","pinged":"","post_modified":"2024-05-07 11:50:55","post_modified_gmt":"2024-05-07 16:50:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18808","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18131,"post_author":"40","post_date":"2024-03-19 14:51:48","post_date_gmt":"2024-03-19 19:51:48","post_content":"\n
P:<\/strong> In the past, parents left all their wealth to their children when they retired, and since their children took good care of them for the rest of their lives, they did not have to worry about their future. However, times have changed. The middle-aged population now find that although they have honored and taken good care of their aged parents, their own children are unlikely to do the same for them. Therefore, parents, today should not give all their assets to their children when they retire.<\/p>\n\n\n\n
When parents leave all their wealth to their offspring, they may be exposed to the danger of becoming broke and homeless if their offspring should go bankrupt. This isn\u2019t such a big problem when you are young because you can work hard to regain your wealth. In Korea, there is even a saying that goes, \u201cHardship during youth is worth paying money for.\u201d Because they have energy and potential, young people don\u2019t look pathetic when they are without money and live in a tent. However, nothing is more pitiful than seeing an old person broke and homeless. Therefore, even when any of your children become bankrupt, you should not lend him or her money by mortgaging your house. If you do, you may end up losing your house.<\/p>\n\n\n\n
You can age gracefully when you have your own assets. If you don\u2019t have anything to live on, your later years will become miserable. So, you should keep your assets. If you give them away to your children, your relationship with your children may easily be ruined.<\/p>\n\n\n\n
This is not to say that you should hoard all your assets. You can give some to your children if you want, but you should keep your house and enough money to live comfortably. This way, you will still have some assets to leave to your children when you pass away, and they will arrange a good funeral for you.<\/p>\n\n\n\n
If you plan to distribute your assets among your children after retirement, it\u2019s a good idea to give away just seventy to eighty percent of your assets. You must keep twenty to thirty percent for your own. You can decide on the percentage depending on the size of your assets. If you don\u2019t have a lot of assets, the percentage you keep should be higher than if you have a lot. Either way, when parents maintain their financial freedom even after retirement, they will be able to live with dignity and are more likely to sustain a good relationship with their children.<\/p>\n\n\n\n
Of course, there is the option of practicing according to the teachings of the Buddha and letting go of all your worldly possessions. People may think that an enlightened person does not need to have a cent to his name and just needs a space in the common room of a temple to sleep. Most people, however, can\u2019t live this way, which is why they need to hold on to enough assets to live on. Those living in the countryside need a place to live, a piece of land to grow various vegetables, and rice fields, while those living in the city need to have a principal amount in the bank that will yield enough monthly interest for them to live comfortably.<\/p>\n\n\n\n
It\u2019s not easy for people to earn money in their old age. Since they don\u2019t have a source of income, they may expect their children to give them some spending money and end up resenting them if they don\u2019t. To avoid such an outcome, it\u2019s necessary for people to keep some financial assets to live on in their old age. This way, parents can live independently from their children without expecting too much from their children or be overly attached to them.<\/p>\n","post_title":"You Should Hold Onto Enough Financial Assets To Live On After Retirement","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"you-should-hold-onto-enough-financial-assets-to-live-on-after-retirement","to_ping":"","pinged":"","post_modified":"2024-03-02 14:55:05","post_modified_gmt":"2024-03-02 19:55:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"jnews_block_37"};
\n
As people grow older, they should let go of their stereotypes about different jobs. A person may work as a security guard after retiring from a position as the head of a department. When our society teaches that all occupations are equally valuable, people may respect an ex-CEO all the more when he retires and works as a security guard at the same company, not look down on him. Likewise, a retired school principal, instead idling his time away, may volunteer in assisting young teachers with class preparations or teach a class once a week. If we can distribute work appropriately, lowering the wages and work hours for certain positions, we can create a system which helps older workers stay employed and make some money without overworking themselves.<\/p>\n\n\n\n
In today\u2019s society, elderly people are treated as if they cannot do anything, but if you look around, there is plenty of work for them to do. In our Jungto practitioners\u2019 community, we see that when young people make kimchi or bean paste, it lacks flavor, but when the older ladies make it, it is delicious. Since the physical labor that goes into making these foods is too taxing for the older practitioners they can divide the work with the younger practitioners and work in harmony as a team. When young people do the heavy lifting and older people offer advice on combining the condiments or salting cabbages, the job can be completed in a very efficient manner.<\/p>\n\n\n\n
Even at a farm, all the produce like lettuce and cabbages seem to flourish in the hands of older people but do not do so well under the care of younger people. Therefore, if the older people plant the seeds and tend to the crop while the younger people undertake the more laborious tasks, they can achieve harmony. When people can work this way, even people in their eighties are able to play a significant role.<\/p>\n\n\n\n
If you travel to the countryside, you will see old men working like strong young men. When people are young, working in the city looks sophisticated and farming in the countryside seems outdated. However, those who work in the city are forced to retire at a relatively young age while there is no such thing as retirement for farmers even if they reach their seventies. Farmers can keep working as much as they are able to. Therefore, instead of relying on their children in their old age, they are able to send their children the produce they farmed even in their eighties.<\/p>\n\n\n\n
As people get older, they stay vibrant when they keep active and stay useful. Older people in poor and destitute countries who have to keep working have eyes that are full of life, whereas those of people in the U.S who sit leisurely on park benches or rocking chairs do not have that same vigor and liveliness. Living in physical comfort with nothing much to do is not necessarily a good thing. Rather, it is beneficial for the mind and body to keep active whether it is by weeding in the field or cleaning the house.<\/p>\n","post_title":"Working In Old Age","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"working-in-old-age","to_ping":"","pinged":"","post_modified":"2024-05-07 11:50:55","post_modified_gmt":"2024-05-07 16:50:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18808","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18131,"post_author":"40","post_date":"2024-03-19 14:51:48","post_date_gmt":"2024-03-19 19:51:48","post_content":"\n
P:<\/strong> In the past, parents left all their wealth to their children when they retired, and since their children took good care of them for the rest of their lives, they did not have to worry about their future. However, times have changed. The middle-aged population now find that although they have honored and taken good care of their aged parents, their own children are unlikely to do the same for them. Therefore, parents, today should not give all their assets to their children when they retire.<\/p>\n\n\n\n
When parents leave all their wealth to their offspring, they may be exposed to the danger of becoming broke and homeless if their offspring should go bankrupt. This isn\u2019t such a big problem when you are young because you can work hard to regain your wealth. In Korea, there is even a saying that goes, \u201cHardship during youth is worth paying money for.\u201d Because they have energy and potential, young people don\u2019t look pathetic when they are without money and live in a tent. However, nothing is more pitiful than seeing an old person broke and homeless. Therefore, even when any of your children become bankrupt, you should not lend him or her money by mortgaging your house. If you do, you may end up losing your house.<\/p>\n\n\n\n
You can age gracefully when you have your own assets. If you don\u2019t have anything to live on, your later years will become miserable. So, you should keep your assets. If you give them away to your children, your relationship with your children may easily be ruined.<\/p>\n\n\n\n
This is not to say that you should hoard all your assets. You can give some to your children if you want, but you should keep your house and enough money to live comfortably. This way, you will still have some assets to leave to your children when you pass away, and they will arrange a good funeral for you.<\/p>\n\n\n\n
If you plan to distribute your assets among your children after retirement, it\u2019s a good idea to give away just seventy to eighty percent of your assets. You must keep twenty to thirty percent for your own. You can decide on the percentage depending on the size of your assets. If you don\u2019t have a lot of assets, the percentage you keep should be higher than if you have a lot. Either way, when parents maintain their financial freedom even after retirement, they will be able to live with dignity and are more likely to sustain a good relationship with their children.<\/p>\n\n\n\n
Of course, there is the option of practicing according to the teachings of the Buddha and letting go of all your worldly possessions. People may think that an enlightened person does not need to have a cent to his name and just needs a space in the common room of a temple to sleep. Most people, however, can\u2019t live this way, which is why they need to hold on to enough assets to live on. Those living in the countryside need a place to live, a piece of land to grow various vegetables, and rice fields, while those living in the city need to have a principal amount in the bank that will yield enough monthly interest for them to live comfortably.<\/p>\n\n\n\n
It\u2019s not easy for people to earn money in their old age. Since they don\u2019t have a source of income, they may expect their children to give them some spending money and end up resenting them if they don\u2019t. To avoid such an outcome, it\u2019s necessary for people to keep some financial assets to live on in their old age. This way, parents can live independently from their children without expecting too much from their children or be overly attached to them.<\/p>\n","post_title":"You Should Hold Onto Enough Financial Assets To Live On After Retirement","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"you-should-hold-onto-enough-financial-assets-to-live-on-after-retirement","to_ping":"","pinged":"","post_modified":"2024-03-02 14:55:05","post_modified_gmt":"2024-03-02 19:55:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"jnews_block_37"};
\n
For example, let\u2019s say that someone is 58 years old and has reached the retirement age at his company and his monthly salary is $5,000. If the company were to raise the retirement age but were to pay the same salary, it would have to bear a bigger financial burden and be unable to hire many new employees. Moreover, as employees become older, they acquire wisdom and experience but inevitably lag behind in their pace of work and technological expertise. In this case, it is possible for the company to continue benefiting from the experience and accumulated knowledge of the older employees by keeping them employed but at a lower position and salary. In other words, if the person at retirement age is the head of a department, he could hand over his position to a junior employee and take the role of an advisor or a member of the guidance committee with a lower salary of $3,000. When he reaches 70, he could further reduce his work hours and work only three days per week with a monthly salary of $2,000. This way the company can effectively utilize his skills and experience without too much financial burden.<\/p>\n\n\n\n
As people grow older, they should let go of their stereotypes about different jobs. A person may work as a security guard after retiring from a position as the head of a department. When our society teaches that all occupations are equally valuable, people may respect an ex-CEO all the more when he retires and works as a security guard at the same company, not look down on him. Likewise, a retired school principal, instead idling his time away, may volunteer in assisting young teachers with class preparations or teach a class once a week. If we can distribute work appropriately, lowering the wages and work hours for certain positions, we can create a system which helps older workers stay employed and make some money without overworking themselves.<\/p>\n\n\n\n
In today\u2019s society, elderly people are treated as if they cannot do anything, but if you look around, there is plenty of work for them to do. In our Jungto practitioners\u2019 community, we see that when young people make kimchi or bean paste, it lacks flavor, but when the older ladies make it, it is delicious. Since the physical labor that goes into making these foods is too taxing for the older practitioners they can divide the work with the younger practitioners and work in harmony as a team. When young people do the heavy lifting and older people offer advice on combining the condiments or salting cabbages, the job can be completed in a very efficient manner.<\/p>\n\n\n\n
Even at a farm, all the produce like lettuce and cabbages seem to flourish in the hands of older people but do not do so well under the care of younger people. Therefore, if the older people plant the seeds and tend to the crop while the younger people undertake the more laborious tasks, they can achieve harmony. When people can work this way, even people in their eighties are able to play a significant role.<\/p>\n\n\n\n
If you travel to the countryside, you will see old men working like strong young men. When people are young, working in the city looks sophisticated and farming in the countryside seems outdated. However, those who work in the city are forced to retire at a relatively young age while there is no such thing as retirement for farmers even if they reach their seventies. Farmers can keep working as much as they are able to. Therefore, instead of relying on their children in their old age, they are able to send their children the produce they farmed even in their eighties.<\/p>\n\n\n\n
As people get older, they stay vibrant when they keep active and stay useful. Older people in poor and destitute countries who have to keep working have eyes that are full of life, whereas those of people in the U.S who sit leisurely on park benches or rocking chairs do not have that same vigor and liveliness. Living in physical comfort with nothing much to do is not necessarily a good thing. Rather, it is beneficial for the mind and body to keep active whether it is by weeding in the field or cleaning the house.<\/p>\n","post_title":"Working In Old Age","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"working-in-old-age","to_ping":"","pinged":"","post_modified":"2024-05-07 11:50:55","post_modified_gmt":"2024-05-07 16:50:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18808","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18131,"post_author":"40","post_date":"2024-03-19 14:51:48","post_date_gmt":"2024-03-19 19:51:48","post_content":"\n
P:<\/strong> In the past, parents left all their wealth to their children when they retired, and since their children took good care of them for the rest of their lives, they did not have to worry about their future. However, times have changed. The middle-aged population now find that although they have honored and taken good care of their aged parents, their own children are unlikely to do the same for them. Therefore, parents, today should not give all their assets to their children when they retire.<\/p>\n\n\n\n
When parents leave all their wealth to their offspring, they may be exposed to the danger of becoming broke and homeless if their offspring should go bankrupt. This isn\u2019t such a big problem when you are young because you can work hard to regain your wealth. In Korea, there is even a saying that goes, \u201cHardship during youth is worth paying money for.\u201d Because they have energy and potential, young people don\u2019t look pathetic when they are without money and live in a tent. However, nothing is more pitiful than seeing an old person broke and homeless. Therefore, even when any of your children become bankrupt, you should not lend him or her money by mortgaging your house. If you do, you may end up losing your house.<\/p>\n\n\n\n
You can age gracefully when you have your own assets. If you don\u2019t have anything to live on, your later years will become miserable. So, you should keep your assets. If you give them away to your children, your relationship with your children may easily be ruined.<\/p>\n\n\n\n
This is not to say that you should hoard all your assets. You can give some to your children if you want, but you should keep your house and enough money to live comfortably. This way, you will still have some assets to leave to your children when you pass away, and they will arrange a good funeral for you.<\/p>\n\n\n\n
If you plan to distribute your assets among your children after retirement, it\u2019s a good idea to give away just seventy to eighty percent of your assets. You must keep twenty to thirty percent for your own. You can decide on the percentage depending on the size of your assets. If you don\u2019t have a lot of assets, the percentage you keep should be higher than if you have a lot. Either way, when parents maintain their financial freedom even after retirement, they will be able to live with dignity and are more likely to sustain a good relationship with their children.<\/p>\n\n\n\n
Of course, there is the option of practicing according to the teachings of the Buddha and letting go of all your worldly possessions. People may think that an enlightened person does not need to have a cent to his name and just needs a space in the common room of a temple to sleep. Most people, however, can\u2019t live this way, which is why they need to hold on to enough assets to live on. Those living in the countryside need a place to live, a piece of land to grow various vegetables, and rice fields, while those living in the city need to have a principal amount in the bank that will yield enough monthly interest for them to live comfortably.<\/p>\n\n\n\n
It\u2019s not easy for people to earn money in their old age. Since they don\u2019t have a source of income, they may expect their children to give them some spending money and end up resenting them if they don\u2019t. To avoid such an outcome, it\u2019s necessary for people to keep some financial assets to live on in their old age. This way, parents can live independently from their children without expecting too much from their children or be overly attached to them.<\/p>\n","post_title":"You Should Hold Onto Enough Financial Assets To Live On After Retirement","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"you-should-hold-onto-enough-financial-assets-to-live-on-after-retirement","to_ping":"","pinged":"","post_modified":"2024-03-02 14:55:05","post_modified_gmt":"2024-03-02 19:55:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"jnews_block_37"};
\n
P<\/strong>: In the past, people aged sixty and up were considered to be senior citizens. Therefore, the retirement age was set at sixty years old. However, the 60-year-olds of today are as healthy as the 50-year-olds of a few decades ago. Since people are now healthier and have a higher life expectancy, it may be necessary to increase the retirement age by about 10 years. However, there is a condition. Since there is already a shortage of jobs, there will be fewer jobs for young people if the retirement age is pushed up, so job sharing is necessary.<\/p>\n\n\n\n
For example, let\u2019s say that someone is 58 years old and has reached the retirement age at his company and his monthly salary is $5,000. If the company were to raise the retirement age but were to pay the same salary, it would have to bear a bigger financial burden and be unable to hire many new employees. Moreover, as employees become older, they acquire wisdom and experience but inevitably lag behind in their pace of work and technological expertise. In this case, it is possible for the company to continue benefiting from the experience and accumulated knowledge of the older employees by keeping them employed but at a lower position and salary. In other words, if the person at retirement age is the head of a department, he could hand over his position to a junior employee and take the role of an advisor or a member of the guidance committee with a lower salary of $3,000. When he reaches 70, he could further reduce his work hours and work only three days per week with a monthly salary of $2,000. This way the company can effectively utilize his skills and experience without too much financial burden.<\/p>\n\n\n\n
As people grow older, they should let go of their stereotypes about different jobs. A person may work as a security guard after retiring from a position as the head of a department. When our society teaches that all occupations are equally valuable, people may respect an ex-CEO all the more when he retires and works as a security guard at the same company, not look down on him. Likewise, a retired school principal, instead idling his time away, may volunteer in assisting young teachers with class preparations or teach a class once a week. If we can distribute work appropriately, lowering the wages and work hours for certain positions, we can create a system which helps older workers stay employed and make some money without overworking themselves.<\/p>\n\n\n\n
In today\u2019s society, elderly people are treated as if they cannot do anything, but if you look around, there is plenty of work for them to do. In our Jungto practitioners\u2019 community, we see that when young people make kimchi or bean paste, it lacks flavor, but when the older ladies make it, it is delicious. Since the physical labor that goes into making these foods is too taxing for the older practitioners they can divide the work with the younger practitioners and work in harmony as a team. When young people do the heavy lifting and older people offer advice on combining the condiments or salting cabbages, the job can be completed in a very efficient manner.<\/p>\n\n\n\n
Even at a farm, all the produce like lettuce and cabbages seem to flourish in the hands of older people but do not do so well under the care of younger people. Therefore, if the older people plant the seeds and tend to the crop while the younger people undertake the more laborious tasks, they can achieve harmony. When people can work this way, even people in their eighties are able to play a significant role.<\/p>\n\n\n\n
If you travel to the countryside, you will see old men working like strong young men. When people are young, working in the city looks sophisticated and farming in the countryside seems outdated. However, those who work in the city are forced to retire at a relatively young age while there is no such thing as retirement for farmers even if they reach their seventies. Farmers can keep working as much as they are able to. Therefore, instead of relying on their children in their old age, they are able to send their children the produce they farmed even in their eighties.<\/p>\n\n\n\n
As people get older, they stay vibrant when they keep active and stay useful. Older people in poor and destitute countries who have to keep working have eyes that are full of life, whereas those of people in the U.S who sit leisurely on park benches or rocking chairs do not have that same vigor and liveliness. Living in physical comfort with nothing much to do is not necessarily a good thing. Rather, it is beneficial for the mind and body to keep active whether it is by weeding in the field or cleaning the house.<\/p>\n","post_title":"Working In Old Age","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"working-in-old-age","to_ping":"","pinged":"","post_modified":"2024-05-07 11:50:55","post_modified_gmt":"2024-05-07 16:50:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18808","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18131,"post_author":"40","post_date":"2024-03-19 14:51:48","post_date_gmt":"2024-03-19 19:51:48","post_content":"\n
P:<\/strong> In the past, parents left all their wealth to their children when they retired, and since their children took good care of them for the rest of their lives, they did not have to worry about their future. However, times have changed. The middle-aged population now find that although they have honored and taken good care of their aged parents, their own children are unlikely to do the same for them. Therefore, parents, today should not give all their assets to their children when they retire.<\/p>\n\n\n\n
When parents leave all their wealth to their offspring, they may be exposed to the danger of becoming broke and homeless if their offspring should go bankrupt. This isn\u2019t such a big problem when you are young because you can work hard to regain your wealth. In Korea, there is even a saying that goes, \u201cHardship during youth is worth paying money for.\u201d Because they have energy and potential, young people don\u2019t look pathetic when they are without money and live in a tent. However, nothing is more pitiful than seeing an old person broke and homeless. Therefore, even when any of your children become bankrupt, you should not lend him or her money by mortgaging your house. If you do, you may end up losing your house.<\/p>\n\n\n\n
You can age gracefully when you have your own assets. If you don\u2019t have anything to live on, your later years will become miserable. So, you should keep your assets. If you give them away to your children, your relationship with your children may easily be ruined.<\/p>\n\n\n\n
This is not to say that you should hoard all your assets. You can give some to your children if you want, but you should keep your house and enough money to live comfortably. This way, you will still have some assets to leave to your children when you pass away, and they will arrange a good funeral for you.<\/p>\n\n\n\n
If you plan to distribute your assets among your children after retirement, it\u2019s a good idea to give away just seventy to eighty percent of your assets. You must keep twenty to thirty percent for your own. You can decide on the percentage depending on the size of your assets. If you don\u2019t have a lot of assets, the percentage you keep should be higher than if you have a lot. Either way, when parents maintain their financial freedom even after retirement, they will be able to live with dignity and are more likely to sustain a good relationship with their children.<\/p>\n\n\n\n
Of course, there is the option of practicing according to the teachings of the Buddha and letting go of all your worldly possessions. People may think that an enlightened person does not need to have a cent to his name and just needs a space in the common room of a temple to sleep. Most people, however, can\u2019t live this way, which is why they need to hold on to enough assets to live on. Those living in the countryside need a place to live, a piece of land to grow various vegetables, and rice fields, while those living in the city need to have a principal amount in the bank that will yield enough monthly interest for them to live comfortably.<\/p>\n\n\n\n
It\u2019s not easy for people to earn money in their old age. Since they don\u2019t have a source of income, they may expect their children to give them some spending money and end up resenting them if they don\u2019t. To avoid such an outcome, it\u2019s necessary for people to keep some financial assets to live on in their old age. This way, parents can live independently from their children without expecting too much from their children or be overly attached to them.<\/p>\n","post_title":"You Should Hold Onto Enough Financial Assets To Live On After Retirement","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"you-should-hold-onto-enough-financial-assets-to-live-on-after-retirement","to_ping":"","pinged":"","post_modified":"2024-03-02 14:55:05","post_modified_gmt":"2024-03-02 19:55:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"jnews_block_37"};
\n
<\/p>\n\n\n\n
P<\/strong>: In the past, people aged sixty and up were considered to be senior citizens. Therefore, the retirement age was set at sixty years old. However, the 60-year-olds of today are as healthy as the 50-year-olds of a few decades ago. Since people are now healthier and have a higher life expectancy, it may be necessary to increase the retirement age by about 10 years. However, there is a condition. Since there is already a shortage of jobs, there will be fewer jobs for young people if the retirement age is pushed up, so job sharing is necessary.<\/p>\n\n\n\n
For example, let\u2019s say that someone is 58 years old and has reached the retirement age at his company and his monthly salary is $5,000. If the company were to raise the retirement age but were to pay the same salary, it would have to bear a bigger financial burden and be unable to hire many new employees. Moreover, as employees become older, they acquire wisdom and experience but inevitably lag behind in their pace of work and technological expertise. In this case, it is possible for the company to continue benefiting from the experience and accumulated knowledge of the older employees by keeping them employed but at a lower position and salary. In other words, if the person at retirement age is the head of a department, he could hand over his position to a junior employee and take the role of an advisor or a member of the guidance committee with a lower salary of $3,000. When he reaches 70, he could further reduce his work hours and work only three days per week with a monthly salary of $2,000. This way the company can effectively utilize his skills and experience without too much financial burden.<\/p>\n\n\n\n
As people grow older, they should let go of their stereotypes about different jobs. A person may work as a security guard after retiring from a position as the head of a department. When our society teaches that all occupations are equally valuable, people may respect an ex-CEO all the more when he retires and works as a security guard at the same company, not look down on him. Likewise, a retired school principal, instead idling his time away, may volunteer in assisting young teachers with class preparations or teach a class once a week. If we can distribute work appropriately, lowering the wages and work hours for certain positions, we can create a system which helps older workers stay employed and make some money without overworking themselves.<\/p>\n\n\n\n
In today\u2019s society, elderly people are treated as if they cannot do anything, but if you look around, there is plenty of work for them to do. In our Jungto practitioners\u2019 community, we see that when young people make kimchi or bean paste, it lacks flavor, but when the older ladies make it, it is delicious. Since the physical labor that goes into making these foods is too taxing for the older practitioners they can divide the work with the younger practitioners and work in harmony as a team. When young people do the heavy lifting and older people offer advice on combining the condiments or salting cabbages, the job can be completed in a very efficient manner.<\/p>\n\n\n\n
Even at a farm, all the produce like lettuce and cabbages seem to flourish in the hands of older people but do not do so well under the care of younger people. Therefore, if the older people plant the seeds and tend to the crop while the younger people undertake the more laborious tasks, they can achieve harmony. When people can work this way, even people in their eighties are able to play a significant role.<\/p>\n\n\n\n
If you travel to the countryside, you will see old men working like strong young men. When people are young, working in the city looks sophisticated and farming in the countryside seems outdated. However, those who work in the city are forced to retire at a relatively young age while there is no such thing as retirement for farmers even if they reach their seventies. Farmers can keep working as much as they are able to. Therefore, instead of relying on their children in their old age, they are able to send their children the produce they farmed even in their eighties.<\/p>\n\n\n\n
As people get older, they stay vibrant when they keep active and stay useful. Older people in poor and destitute countries who have to keep working have eyes that are full of life, whereas those of people in the U.S who sit leisurely on park benches or rocking chairs do not have that same vigor and liveliness. Living in physical comfort with nothing much to do is not necessarily a good thing. Rather, it is beneficial for the mind and body to keep active whether it is by weeding in the field or cleaning the house.<\/p>\n","post_title":"Working In Old Age","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"working-in-old-age","to_ping":"","pinged":"","post_modified":"2024-05-07 11:50:55","post_modified_gmt":"2024-05-07 16:50:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18808","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18131,"post_author":"40","post_date":"2024-03-19 14:51:48","post_date_gmt":"2024-03-19 19:51:48","post_content":"\n
P:<\/strong> In the past, parents left all their wealth to their children when they retired, and since their children took good care of them for the rest of their lives, they did not have to worry about their future. However, times have changed. The middle-aged population now find that although they have honored and taken good care of their aged parents, their own children are unlikely to do the same for them. Therefore, parents, today should not give all their assets to their children when they retire.<\/p>\n\n\n\n
When parents leave all their wealth to their offspring, they may be exposed to the danger of becoming broke and homeless if their offspring should go bankrupt. This isn\u2019t such a big problem when you are young because you can work hard to regain your wealth. In Korea, there is even a saying that goes, \u201cHardship during youth is worth paying money for.\u201d Because they have energy and potential, young people don\u2019t look pathetic when they are without money and live in a tent. However, nothing is more pitiful than seeing an old person broke and homeless. Therefore, even when any of your children become bankrupt, you should not lend him or her money by mortgaging your house. If you do, you may end up losing your house.<\/p>\n\n\n\n
You can age gracefully when you have your own assets. If you don\u2019t have anything to live on, your later years will become miserable. So, you should keep your assets. If you give them away to your children, your relationship with your children may easily be ruined.<\/p>\n\n\n\n
This is not to say that you should hoard all your assets. You can give some to your children if you want, but you should keep your house and enough money to live comfortably. This way, you will still have some assets to leave to your children when you pass away, and they will arrange a good funeral for you.<\/p>\n\n\n\n
If you plan to distribute your assets among your children after retirement, it\u2019s a good idea to give away just seventy to eighty percent of your assets. You must keep twenty to thirty percent for your own. You can decide on the percentage depending on the size of your assets. If you don\u2019t have a lot of assets, the percentage you keep should be higher than if you have a lot. Either way, when parents maintain their financial freedom even after retirement, they will be able to live with dignity and are more likely to sustain a good relationship with their children.<\/p>\n\n\n\n
Of course, there is the option of practicing according to the teachings of the Buddha and letting go of all your worldly possessions. People may think that an enlightened person does not need to have a cent to his name and just needs a space in the common room of a temple to sleep. Most people, however, can\u2019t live this way, which is why they need to hold on to enough assets to live on. Those living in the countryside need a place to live, a piece of land to grow various vegetables, and rice fields, while those living in the city need to have a principal amount in the bank that will yield enough monthly interest for them to live comfortably.<\/p>\n\n\n\n
It\u2019s not easy for people to earn money in their old age. Since they don\u2019t have a source of income, they may expect their children to give them some spending money and end up resenting them if they don\u2019t. To avoid such an outcome, it\u2019s necessary for people to keep some financial assets to live on in their old age. This way, parents can live independently from their children without expecting too much from their children or be overly attached to them.<\/p>\n","post_title":"You Should Hold Onto Enough Financial Assets To Live On After Retirement","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"you-should-hold-onto-enough-financial-assets-to-live-on-after-retirement","to_ping":"","pinged":"","post_modified":"2024-03-02 14:55:05","post_modified_gmt":"2024-03-02 19:55:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.jungtosociety.org\/?p=18131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"jnews_block_37"};
