re: Do people still plan on retiring at 65?

Just consistently lived below our means. Maxed TSP (401k) and Roth IRAs and then some mostly in low cost index funds for past 15+ years. Paid off mortgage on starter home early, drove cars for 10 years and avoided debt. Earned a military pension and funded kids' future college expenses with GI bill transfer and 529s. Never lived on a budget we're just frugal. I've traveled as much as I could given demanding work schedule and deployments and we own more than enough stuff, much more than either of us grew up with. By controlling the money we've avoided financial stress and now it gives us the freedom to do whatever is best for our family.

I plan to retire at 61 from my job.

I might keep my side hustle a few years after that,.

Retirement is a completely overrated term that needs to go away. The term used should be financial independence. I think a part time job well into your 70s is fantastic, something ‘fun’ like working at a hardware store, fishing store, school for women maybe, etc. Even $15,000 in income can go a long ways in Financial independence in your 60s.

My FIL retired in his mid 50s. At 63 he has now given up skiing due to health, he’s very healthy but he’s not spry anymore and he knows one bad day on the slopes could ruin him for years. As said, after 70 your health goes to shite. Constant doctors appointments, injuries take forever to heal, etc. if you want to do things like RV the country or anything moderately physical then waiting until you are 65 or older is going to make it very difficult.

I plan on retiring by around 60. I've gone into rental properties like many on here so I have multiple income streams later in life. This may expand into commercial at some point, but for now I'll stick to what I know and build an account up. My uncle owns a ton of property and it's all paid off so he's got it made. Between that and his retirement plan, that's what I hope to have. Thankfully I'm still young so building a portfolio in which I've been extremely picky in has been great so far. Two properties and have come in not only well below appraisal but way about the 1% mark.

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drove cars for 10 years and avoided debt.

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I used this example with my kids and it is a great one that they all understand as young adults.

It is tough convincing teenagers that a fancy new vehicle does not equate wealth, hell most adults do not understand it.

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Do people still plan on retiring at 65?

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Many people I know plan to retire before 65. I certainly don't plan to be working that long either.

I watched my husband's parents continue to work past retirement age--they were the sort of people who derived a great deal of meaning/identity from their jobs. Despite having fully funded pensions, they kept working. Despite major health issues, they kept working, albeit at a reduced level. They traveled a bit, he finally completely retired & found a volunteer job. Both were dead within 5 years of retirement. He died w/a trip to Spain on the books, she never made it to Hawaii. Both could have easily afforded to stop working at least a decade earlier. They worked out of anxiety about money (unfounded in reality or logic), out of a desire to pass along something to their children (who didn't need it), and because at some point, work had replaced everything else that gives shape, meaning, and joy to a life.

Don't defer the "big dreams" of your life to its end. Odds are NOT in your favor that you will have an illness or injury free last third of your life, especially if you have been cavalier with your health/diet/exercise in the first 2/3 of it. Save, practice thrift, but find ways to go & do that aren't rooted in luxury, but rather experience. Recognize that funding a third trip to Disneyland is not as important to your grandchildren as spending time with them fishing, building birdhouses, or reading stories in the hammock.

Time is always more important than money. If you aren't focused on accumulating possessions, then you won't worry about "standard of living" in retirement.

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I plan on retiring at 45 I'll probably work part-time but won't need to. I achieved financial independence at 41 but decided to work a few more years just to have extra cushion and delay drawing on investments

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care to elaborate on how this was achieved?

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I believe one point to consider is whether you will have an employer who wants you around past 65. Many large companies are offering early retirement packages to folks in their mid 50s and above to cut costs (those individuals being the highest paid). These packages are generous, but will not allow most to walk away at that point.

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Agreed. There are hardly any employees over 65 at my company. I would say less than 5% of people are over 60. Once you get over 50 or 55 you're on the chopping block for when the next round of layoffs or forced retirement happens. This is an oil company so it is a little more cyclical and drastic than most places, though.