# Why Billionaires Are Refusing To Retire | How Money Works Page: https://stenobird.com/podcast/how-money-works-7289568/why-billionaires-are-refusing-to-retire-how-money-works Text version: https://stenobird.com/podcast/how-money-works-7289568/why-billionaires-are-refusing-to-retire-how-money-works.md Podcast: [How Money Works](https://stenobird.com/podcast/how-money-works-7289568) Published: 2026-07-01T13:54:00+00:00 Episode link: https://traffic.megaphone.fm/PODAGEN4316220386.mp3?updated=1778655973 Audio file: https://traffic.megaphone.fm/PODAGEN4316220386.mp3?updated=1778655973 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/how-money-works-7289568/episodes/why-billionaires-are-refusing-to-retire-how-money-works Duration seconds: 886 ## Resource Why Billionaires Are Refusing To Retire Check out Hostinger. Everything you need to build a website https://hostinger.com/hmw Use code HMW to get 10% off. And check out our suggested book library we built with them - https://howmoneyworkslibrary.com/ Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ My Other Channel: @HowHistoryWorks Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #business #finance #billionaire Most people alive today will never be able to retire. Almost half of all Americans report having no dedicated retirement accounts at all, and rising living costs means that millennials will need more than a million dollars saved to retire comfortably. It’s a bleak outlook for most people who will probably be working in some capacity until the day they die. But there are people with enough money to live several lifetimes in extreme luxury without ever needing to work again… and yet they still chose to work, even at the expense of their health, their family life and worst of all… their own net worth… So what is stopping so many billionaires from retiring? According to Bloomberg, the average age of a global billionaire is now 63 years old, and it’s slowly getting older every year, as wealthy people live longer and longer lives. Male billionaires are slightly older at 63.7 years and female billionaires are on average 62.4 years old. Female billionaires… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/how-money-works-7289568/episodes/why-billionaires-are-refusing-to-retire-how-money-works/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/how-money-works-7289568/why-billionaires-are-refusing-to-retire-how-money-works.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.