I caught separate interviews with Derek Foster, Canada’s self-proclaimed “youngest retiree,” on both Breakfast Television and CityNews today. Both interviewers (Dina Pugliese and Jee-Yun Lee) repeated the “retiree” line, with Lee’s teaser going so far as to proclaim Foster as “the youngest person to retire in Canadian history.” I’m certain that the crack fact checkers at Citytv verified this ludicrous statement with the federal Department of Dubious Data before going to air with it. Foster’s story has also recently appeared in the Star and the Sun.
But wait a second, why all sudden attention on Foster, who retired three years ago? It turns out that he’s flogging copies of his new book, The Lazy Investor. Both Lazy and his first post-retirement book, Stop Working, purport to share his investing secrets so that you, too, can retire in your thirties. You can buy both books directly from the author’s book-selling web site.
Now I don’t know what Foster does all day long, but my guess is that he writes his books, contributes articles to Canadian Money Saver (and possibly other publications), and has occasional speaking engagements. Oh, and he probably spends more time at home than when he was employed in traditional workplaces.
Dude, I’ve got news for you: you’re not retired, you’re self-employed. And by that measure, I retired when I was 25, handily beating you for the title of “Canada’s youngest retiree” by 9 years. But neither one of us is really retired, are we?