Screen Time Is Ruining Your Retirement

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*ring*

“Snffxughphlbtfuck…”

*ring*

I opened one eye. I’d slept diagonally again. Jesus, what time was it? What day was it?

*rrrrrrrrring* 

“Ugh… Hello?”

“Hello? Ben?”

I sat up groggily. “Oh, hey, Grandma. What’s up?”

“I don’t know what’s happened. The TV won’t work. I don’t know how to fix it. Can you come fix it for me?” She sounded sad and helpless. I guess when you’re retired, watching TV is a pretty big deal.

I looked at the clock. I was hoping for a leisurely office day, but so much for that. Sudden errands tend to derail hours of productivity for me.

“Sure, Grandma. I’ll be over at 2.” I hung up, and rubbed my eyes.

Man, fuck TV.

*****

It turned out to be a simple fix. Unplug the cable box, wait ten seconds, plug it back in. Too bad it took me almost an hour to figure out. Asking my Chinese grandma what settings she usually had her TV on turned into a linguistic nightmare.

As I drove home, it kinda bothered me how reliant she was on her TV. I mean, I know how bad TV can be for people, but especially seniors. Only three weeks ago, I posted on Facebook, “It’s happening again. Free time is turning into screen time, and I’d honestly rather be working.” Did you know the average American watches over five hours of television a day? And that the “average retiree spends 43.5 hours per week” (or 6.2 hours a day) watching it? This is especially troubling for us because, if you’re reading this blog, early retirement is something you’ve been thinking about. I don’t want to retire just to watch 6.2 hours of TV a day! Do you? I’ve lived it. It sucks.

But then, I realized there was an amazing opportunity here. If, in retirement, the average person could change their 6.2-hour TV habit into something more productive – maybe even something crazy like work – they could find themselves with more health and money! Read this. Choosing to continue work in a quality vocation is obviously better than binge-watching “Friends” for the sixth time, so why not just work? Work is good, as long as it’s quality work. (Think more “entrepreneurship”, less “being a cashier”. Loads of successful entrepreneurs are actually in their 50s or 60s.)

Now obviously, I’m not suggesting you shouldn’t prepare for a complete retirement. You should still prepare for FIRE (or at the very least, HEAL). All I’m saying is retirement tends to go only three ways: 1) You create a retirement in which you thrive, do all the things you’ve ever wanted to do, and are never bored, 2) you create a retirement that seems fun at first, only to settle into a purposeless existence where you’re bored, or 3) you go back to work. What if I told you #3 isn’t actually a bad thing, and can help cancel out the ennui of everyone who feels stuck at #2? Almost all the people I know thriving in retirement are still working in some way! The retired industrial design teacher I know found funding to write a book. The retired professor of psychology I know is wrapping up a year editing a psychology journal. Another retiree I know is building a house and continuing to add to his net worth! What I’m finding more and more as I get to know successful retirees is work is good for retirement. It opens up opportunities for personal enjoyment and enriches lives, but TV doesn’t. STOP WATCHING TV IN RETIREMENT.

Working past traditional retirement age keeps your brain sharp and “may even help stave off dementia”. Also, any decrease in sedentary activities like watching TV is a good thing. If you spent even 16 hours a week doing an entry-level job you enjoy – like what I do now for $13.50/hour – the ballpark math of it is you’d add ~$10,000 to your annual retirement income just to stay mentally and physically active through work. I think it’s a no-brainer. Sell the TV, and get a job doing whatever the heck you want! By this point, you’re financially stable enough that you’re retired, so even that ~$10,000 is secondary! And you’re most likely so experienced in your field, you could earn way more! You’re just looking after your physical health and mental wellbeing, and getting richer because of it!

The bottom line is if you’re retired and have a TV, that TV could be robbing you of the longevity and prosperity you’d gain from casual work. Even at 29, I see that happening to me now, so I’ve cut weekly TV time down to 4 hours. I’m choosing to work more, and invest more energy into my business. From now on, Netflix and PlayStation have no power over me. I sincerely doubt I’ll be 65 and wanting to play The Last of Us: Part XLIII.

Whaddaya think, TV-watching retirees? Is it time to go back to work?

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Your Entertainment Budget Should Be Less Than $1/Day

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The average American household spends $2,482/year on Entertainment and consists of 2.5 people. We can then reasonably estimate the average North American spends about $1,000/year on Entertainment by themselves. This is less than optimal. I’m about to show you how to get by on $1/day and be more entertained than ever. If you’re 30, your savings from this could amount to $93,925.05 extra in your retirement account by the time you’re 65. (Ask me for the math on our Facebook and I’ll happily show you.) Ready? Let’s kill your Entertainment bill.

First up, no more cable TV. TV subscribers are dwindling, and that seems to be driving prices up: “The average TV subscriber’s monthly bill ticked up from $65.25 in 2014 to $66.08 in 2015.” It’s just getting worse. Meanwhile, Netflix humbly asks for only $8-$12/month depending on your package and offers you immediate commercial-free access to “3 years, 202 days, 12 hours and 14 minutes” of Entertainment. Now, I get that you’re never gonna marathon Paw Patrol, but that’s fucking unreal. If you sleep for 8 hours and work for 8 hours on weekdays AND watch every waking minute you’re free including weekends, you’re looking at 8.3 YEARS of Entertainment for, like, $8/month. Meanwhile, I’ve spent hundreds building my paid iTunes library, but Spotify memberships range from full-of-ads “Free” to $10/month, and they both offer 30 MILLION SONGS. If each of those songs is just three minutes long, that’s 171 YEARS OF MUSIC! IF YOU STARTED LISTENING IN 1846, YOU’D BE DONE NOW. I really don’t understand how paying for individual songs is still a thing. Streaming services are obviously the future. (I like to think most of you know this already.)

Netflix and Spotify together? Even if you paid the individual maximum, that’s $22/month, or $264/year. Wanna get even spendier? Burn your money with a PlayStation Now membership for $100/year and stream 500+ PS3 and PS4 games. That adds up to $364/year, or just under $1/day. It’s almost like I planned it.

If reading’s more your jam, use your local library. You’re already paying for it in taxes, so use it. It warms my little nerd heart to know millennials are using their local libraries more than any other generation. Keep it up.

What I don’t advocate though is piracy. If you’re stealing something, you don’t deserve it. I place a lot of value on art – especially movies – so don’t do it.

Finally, MAKE your own entertainment! Some of you roll things like dining out into your Entertainment budgets, but cooking at home is better. While you’re at it, learn to draw, or play the guitar, or pick up a camera and take pictures of every stray cat in the neighbourhood. I know too many people who can tell me every plot point of Breaking Bad, but when I ask them for the last time they went swimming in the ocean or hiking up a mountain, they draw a blank!

The point is $1/day on Entertainment is already first-world luxury at its finest. Your ancestors didn’t have screens and they did a lot more than just stare into a fire. Realistically, with libraries and nature, your Entertainment budget could actually be ZERO, but $1/day for everything I described above seems like a fair trade. Just don’t spend an ABSOLUTELY INSANE $1,000/year on Entertainment like everyone else. This family can buy one person’s groceries for half a year on that.