One of retireby40’s commenters asked why I don’t just do more of what I do in my free time now if I retire. Just add 8-9 hours of that instead of working.
What do I do in my free time? I read romance novels and surf the internet.
As delightful as both are, I do not *want* to spend another 8-9 hours/day doing that. I would have to start reading crappy romance novels because I’d be out of the good ones and I would probably get tired of the tropes. As for surfing the internet– the amount I do now doesn’t exactly make me *happy* as it is.
Re: romance novels, there’s something called diminishing marginal utility, which basically means that as you do more of something, the additional happiness boost you get from doing it gets smaller and smaller. So there’s a big happiness boost from hour one of reading a romance novel, but by hour 10 you kind of want to do something else.
Re: internet surfing, I’m afraid that’s an unhealthy addiction and not really subject to rational economic theory.
So, no, I’m afraid I would actually have to come up with other stuff to do in my waking hours. And one can only sleep so much.
What do you do in your free time now? Would you want to add 8-9hrs/day of that if you were retired? What else would you add?