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re: What’s the youngest age that a friend of yours retired?

Posted on 4/1/24 at 1:32 pm to
Posted by The Goon
Baton Rouge, LA
Member since Nov 2008
1247 posts
Posted on 4/1/24 at 1:32 pm to
28. He invested $5k in bitcoin very early and rode it to $30k. He now lives off investment interest.
Posted by TTU97NI
Celina, TX
Member since Mar 2017
1116 posts
Posted on 4/1/24 at 1:32 pm to
44 honorable discharge from military @ 19, broken ankle. Straight to work for City of Lafayette and 25 years later retired. All full benefits to do whatever he needs to do. Granted he was gifted land and a small house when he was younger.
Posted by BK Lounge
Member since Nov 2021
3558 posts
Posted on 4/1/24 at 1:32 pm to
quote:

I retired at 41 and made it until I was 43. Almost drove me insane. I went the frick back to work with the caveat that I had enough money to tell my customers to go frick themselves if I wanted to. It is far better to work when you can survive without the bastards than it is to do so when you need the work....






This, to me, is the key takeaway of this entire thread, though ive been aware of it for years- If you can go to work because you WANT to, and not because you HAVE to- then life is golden .
Posted by Trevaylin
south texas
Member since Feb 2019
5967 posts
Posted on 4/1/24 at 1:32 pm to
I retired at age 50, 25 years ago, and will soon have received more retirement checks from the company than I received employment checks.

My retirement plan included the classic retirement, a well funded 401k, and social security for an average 120 grand a year.

Drove the motor home 65 thousand miles, drove the trans Alaska highway twice.

Retiring young allows you to do lots, at age 70 life starts slowing down

Be careful of the buy a boat and cruise the world. Lots of folks will take 4 weeks to get to the Bahama's and quit and sell the boat at a loss
Posted by BK Lounge
Member since Nov 2021
3558 posts
Posted on 4/1/24 at 1:38 pm to
quote:

I sold 2 small businesses in 2006 for enough money to retire pretty comfortably at the age of 41. My wife had a job offer in Europe and we had always wanted to live abroad. My plan was to finish a novel (still planning to do so at age 59 LOL). I spent nearly 2 years traveling around Europe, sitting in cafes and beer gardens, pretending to work on a novel but mostly drinking beer and seeing the sites. It nearly drove me insane. Was not for me.



No offense, but i wonder if the drinking was a part of the problem.. to me, if you have lots of hobbies and activities to keep you busy with retirement, it would be more ‘healthy’ for lack of a better word.. if im busy with all the stuff i like to do- think traveling but also volunteering, playing golf, tennis, pickleball, whatever - not just sitting at bars around the world quaffing down beer- i can tell you with almost 100% certainty i wouldnt get bored.. hell, im so busy now with outside stuff that im not sure how i manage to hold down a full time job .
Posted by BhamBlazeDog
Birmingham
Member since Aug 2018
3773 posts
Posted on 4/1/24 at 1:40 pm to
I've got a buddy that is in commercial real estate. He may or not have been drafterd high in the MLB draft and had some money to start it all up, but I don't think he has ever actually worked.
Posted by BK Lounge
Member since Nov 2021
3558 posts
Posted on 4/1/24 at 1:41 pm to
quote:

Comparison is the thief of joy baw. Enjoy your own journey



100% agree .

WAY off topic, but im old enough to remember when i was a little kid, there this guy who was on the Wheaties box, and winning Olympic medals and was considered the ‘ultimate male’.. we all wanted to grow up to be like him… his name was Bruce Jenner.. come to find out years later, he was wearing dresses in private and wanted to lop off his junk ! My point is: Dont ever wish you had someone else’s life, because you just never know .
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32695 posts
Posted on 4/1/24 at 1:43 pm to
I have a cousin who retired from the marines when he was 39 or 40, he was an e-9 and has full disability. He did go back to school and get an MBA, but hasn't gone back to work yet. His wife has a good job.

My grandpa retired when he was 50 years old as chief of detectives of Baton Rouge PD back in the early 80's. He lived until he was 87,retired out in rural Vermilion parish where he had some family land, he hung out with friends every day, played cards, fished, cooked competitively at cookoffs, etc... Lived a pretty damn good retirement.
Posted by Y.A. Tittle
Member since Sep 2003
101652 posts
Posted on 4/1/24 at 1:44 pm to
quote:

I've known a couple of folks who retired in their early 50s and got bored and went back to work, sometimes part-time, sometimes in a completely different field.


I’m pondering this route.
Posted by IndianPower
Louisiana
Member since May 2021
750 posts
Posted on 4/1/24 at 1:51 pm to
I am 48yo.

This year is my last year being employed. Retired life here I come!

Selling almost everything I have.

Setting up a place here to park a RV when I decide to come back and visit kids and grandkids.

Working at state/corp of engineers parks for the RV spot w/utilities while i see the country.
Posted by Tantal
Member since Sep 2012
14119 posts
Posted on 4/1/24 at 1:55 pm to
38. Started as jailer at 18, then became a cop at 21. He and his wife started what turned out to be a very successful business. Once he hit 20 years and could draw a pension, he punched out.
Posted by dandan
Member since Nov 2007
4347 posts
Posted on 4/1/24 at 1:55 pm to
Late 20s. Wall Street trading.
Posted by NolaLovingClemsonFan
Member since Jan 2020
1718 posts
Posted on 4/1/24 at 1:57 pm to
The older I get, the more I don’t understand the sprint to retire. When I was younger, sure, but I’ve seen too many folks struggle with retirement. Most of the folks I see who are really thriving late are the ones who keep working, not in some stressful keeping up with the Jones’ way but because they do something they like that’s engaging. My dad retired fairly early, and he went downhill QUICK without anything to that was really driving him.

You don’t wanna be a slave to work, but accomplishment and purpose is very rewarding. I wouldn’t wanna give that up too early.
Posted by Tmcgin
BATON ROUGE
Member since Jun 2010
5062 posts
Posted on 4/1/24 at 2:08 pm to
Catholic High buddy and classmate
retired at 49 and moved to Park City Utah
He earned it
Posted by El Segundo Guy
SE OK
Member since Aug 2014
9643 posts
Posted on 4/1/24 at 2:17 pm to
I retired from the Army. Then was working a 9 to 5 for a few years. Got sick of the bullshite and walked out on 2/28/2020.

I was 44 when I quit out of nowhere. I walked into the boss's office, told him that I was fed up with training these two knuckleheads. He gave me some half-arse response and I said, "frick it, I quit." Work started at 8 and by 8:15, I had packed my shite in a box and walked out the door.

The past 4 years have been glorious. Seriously, I thought I would go do something else out of routine and boredom but hell no.

My wife still works, so I can fish or frick off about as much as I want.
This post was edited on 4/1/24 at 2:18 pm
Posted by JumpingTheShark
America
Member since Nov 2012
22927 posts
Posted on 4/1/24 at 2:20 pm to
Have several friends without a 9 to 5 jobs that do entrepreneurial type endeavors because they can afford it. Usually an inherited wealth situation
This post was edited on 4/1/24 at 2:20 pm
Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
34819 posts
Posted on 4/1/24 at 2:21 pm to
quote:

He and his family are selling almost everything they own. Gonna buy a 48 ft catamaran and sail around the world for 10 years. After that they’re going to pick a place to buy a house and settle down in.
I would rather work until 90 than do this nonsense
Posted by ccard257
Fort Worth, TX
Member since Oct 2012
1312 posts
Posted on 4/1/24 at 2:33 pm to
one of my college roommates came from nothing and retired in his early 30s. Started at space-x out of school when most people hadn't heard of them. Sign on bonus was in (at the time) worthless stock. There's apparently a video of him rappelling off of a rocket (or significant piece of one) that is now used in a "don't do this shite anymore" video.
Posted by Tree_Fall
Member since Mar 2021
489 posts
Posted on 4/1/24 at 2:49 pm to
quote:

works for Microsoft


Nephew took a job with Microsoft right out of engineering school 1990 worked for 6 years maxing out stock options then retired at 27. I think MS was around $2 per share at the rime. Since then, he's managed his money, bought some nice real estate, consulted some on consumer electronics and been in on a couple of small ventures that eventually sold to large corporations. At 50 he stopped doing that.
Posted by Lawyered
The Sip
Member since Oct 2016
29466 posts
Posted on 4/1/24 at 2:50 pm to
28 or so.

Guy I went to high school with was a geological engineer

Got in a startup in Denver out of school. His stocks vested and he quit and traveled the world . He does improv in Chicago now and trades Bitcoin and crypto
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