Richard Branson: 'I Don't Believe That Retirement Should Be the Goal'

The self-made billionaire could retire at the drop of a dime -- but retirement is the last thing on the 66-year-old's mind.
Richard Branson: 'I Don't Believe That Retirement Should Be the Goal'
Image credit: Helga Esteb | Shutterstock
Richard Branson

Entrepreneur's New Year’s Guide

Let the business resources in our guide inspire you and help you achieve your goals in 2021.
2 min read
This story originally appeared on CNBC

Since leaving school at age 16 to start his first business, Virgin Group founder Richard Branson has overseen hundreds of companies and accumulated a fortune of approximately $5 billion.

The self-made billionaire could retire at the drop of a dime -- but retirement is the last thing on the 66-year-old's mind.

"I don't believe that retirement should be the goal," he wrote in a recent blog post.

Branson's perspective is inspired by British philosopher Alan Watts, who discouraged people from thinking of life as a journey. A journey implies a destination or some sort of arrival -- but no epic "thing" is coming in life, Watts said.

"He explains that traditional systems of education have skewed the meaning of life (towards arriving at a destination) by placing too much importance on progressing through school and college to a career," Branson wrote. "And makes his point by saying that far too many people live to retire and therefore cheat themselves of an exciting existence."

That's why Branson doesn't think retirement should be the goal. "Instead, I think happiness should be," he wrote.

"I've never thought [of] work as work and play as play; to me, it's all living and learning. The way I see it, life is all about striving and growing. I never want to have made it; I want to continue making it!"

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Amplify your business knowledge and reach your full entrepreneurial potential with Entrepreneur Insider’s exclusive benefits. For just $5 per month, get access to premium content, webinars, an ad-free experience, and more! Plus, enjoy a FREE 1-year Entrepreneur magazine subscription.
Entrepreneur Store scours the web for the newest software, gadgets & web services. Explore our giveaways, bundles, "Pay What You Want" deals & more.

Latest on Entrepreneur