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Richard Branson: 'I don't believe that retirement should be the goal'

People living to retire 'cheat themselves of an exciting existence' says billionaire Branson

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Richard Branson says education places too much importance on progressing through school and college to a career. Photo: Paul Morigi/WireImage/Getty Images
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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 US$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.

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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."

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

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