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re: What age do you consider too young to retire?
Posted on 6/20/25 at 3:49 pm to TorchtheFlyingTiger
Posted on 6/20/25 at 3:49 pm to TorchtheFlyingTiger
For me it’s 70. I’m 40 and already had my first retirement. Now I get to make money by doing what I love for the last ten years. I wake up every day excited about going to work. Why would I want to retire from that
1
Posted on 6/20/25 at 4:26 pm to Grinder
If you don't have a plan to pass the time then you are too young to do it.
Posted on 6/20/25 at 5:03 pm to Grinder
I will probably cut down to part time when I hit 40. Cant imagine not working at all. I enjoy it too much. But going from 60 hours a week to 20 hours a week will be a nice change of pace
Posted on 6/20/25 at 5:18 pm to Grinder
quote:are you planning to take another job or would you just plan to live off your savings?
What age do you consider too young to retire?
I think you should create a retirement plan and map it out...otherwise, hard to know without all the different variables that go into retirement planning.
Posted on 6/20/25 at 5:30 pm to Chicken
chicken can i email you?
Posted on 6/20/25 at 5:33 pm to I Love Bama
sure...see Contact link at bottom of page
Posted on 6/20/25 at 5:37 pm to Chicken
Gracias mi rey de pollo. I'll do it this weekend.
Posted on 6/20/25 at 6:22 pm to makersmark1
quote:
you have what you need to live, why you you work at all?
My plan is to grind until 57. Kids will all be finished with college at that point. I will then continue doing what I do but I will then concentrate more on being a mentor and showing others how I was successful. I do not foresee this being full time at all. The plan is to be at the camp more than at “work”.
I will have the ultimate flexibility with work time, and enjoy what I am doing. Why would i stop?
JMHO.
Posted on 6/20/25 at 7:52 pm to Screaming Viking
quote:
My plan is to grind until 57. Kids will all be finished with college at that point. I will then continue doing what I do but I will then concentrate more on being a mentor and showing others how I was successful. I do not foresee this being full time at all. The plan is to be at the camp more than at “work”. I will have the ultimate flexibility with work time, and enjoy what I am doing. Why would i stop? JMHO.
I don’t really have a time frame and I’ll be 44 next Friday. I’ve got a number I want to be at then I’ll start seriously considering at what age I’ll hang it up.
My wife did say that I have to work 1 more year than her so she can have some peace and quiet
Posted on 6/20/25 at 9:00 pm to makersmark1
quote:
If you have what you need to live, why you you work at all?
Time is finite.
When it's all said in done in life, everyone will know time was the most precious thing. I would do nearly anything to spend some time with my deceased grandparents. I know when my mom and dad go it's going to be tough to overcome and I'll think of all the time we won't get together anymore. My wife just lost her mom last year at only 66.
I just retired earlier this year. It was a little bit of an ego thing
but I retired at 49. A couple weeks later I turned 50. We love traveling and want to explore nearly every country on earth. 6 continents done already and likely headed to Antarctica later this year. I want to do these things while I'm healthy and mobile. And who really knows much time we have on this earth. You can feel great and be gone the next day, so I didn't live to work. I worked until I had what I needed to start my next chapter. I'm a little nervous about it, but I can always go back to that career if I needed. The one thing you can't get back is time.
Posted on 6/20/25 at 9:47 pm to Grinder
I retired at 65 because I was forced to by my personal circumstances. I wanted to retire at 66. So, 66...
Posted on 6/20/25 at 10:03 pm to Grinder
I should be there by early 40s. I seek financial independence but I won’t “retire” in a ‘do nothing’ kind of way.
Posted on 6/21/25 at 12:38 am to I Love Bama
I’m with you. I need something to compete at and I’m damn good at my job. It gives me a sense of fulfillment and purpose when I know I’m in the groove on a case. Plus it pays well. I’m going to Kathmandu next month for work then India for 10 days. My job is an adventure. I may cut back from 50 plus hours a week to 20 hours a week at some point but I think I’d get bored not leaving the house until noon everyday if I retired. I hit the gym regularly and do martial arts now with a crazy schedule. Went out to sushi with the wife tonight. I don’t really need more “free time.”
This post was edited on 6/21/25 at 9:04 am
Posted on 6/21/25 at 4:51 am to Grinder
It’s great to retire (at the age you determine) and know that you can take another job, if you want to and not because you have to.
Going back to work just has such a new look to it and less stress. You can contribute as long as you want to.
Going back to work just has such a new look to it and less stress. You can contribute as long as you want to.
Posted on 6/21/25 at 5:10 am to Screaming Viking
quote:
I will have the ultimate flexibility with work time, and enjoy what I am doing. Why would i stop?
I never really had that setup.
All responsibility and no power.
It was not a job that I enjoyed.
The pay was good, but it was soul sucking to work there.
I was asked by the chairman to comeback last night.
I laughed.
Told him I did not think it would be helpful for them bc I would have very limited availability, and I would not perform the part of the job I did not like. I encouraged him to find someone else.
I do “consulting” one day a week.
I sort of like that, but it still has some “work” aspects to it.
Posted on 6/21/25 at 7:16 am to Grinder
Just retired in May at age 69. Took their "early retirement" option. Numbers were good.
Honestly, with the amount of time off I'd already earned after 23 years there, and my salary, I wasn't really jonesin' to retire. I probably would have kept going. Had plenty of time to do significant travel, good money, enjoyed working with the people I was working for. Not sure I would have quit in a "perfect world", but it is what it is now.
Honestly, with the amount of time off I'd already earned after 23 years there, and my salary, I wasn't really jonesin' to retire. I probably would have kept going. Had plenty of time to do significant travel, good money, enjoyed working with the people I was working for. Not sure I would have quit in a "perfect world", but it is what it is now.
Posted on 6/21/25 at 7:36 am to Nole Man
So what is your plan to keep the body and mind sharp as you enter your 70s?
Posted on 6/21/25 at 7:41 am to makersmark1
quote:
The pay was good, but it was soul sucking to work there.
You are correct. Get the f out of there as soon as you are able to.
quote:
“consulting” one day a week.
If it enjoyable, do it. If not, find something you enjoy. You do not work all those years so that you can work more years.
Having said that, from the friends i have that have made the leap into retirement; only one has completely cut loose. The vast majority consult, or work the old job but only two days each week. What i take out of their experiences, is that you need one serious hobby, or multiple hobbies to completely walk away and be happy.
Guess i could have explained my opinion before. Keep in mind, the choices you are looking at are great. Too many people do not have the $ to even think about retirement. As I tell my wife…..these are rich people problems!
Good luck.
Posted on 6/21/25 at 8:03 am to Nole Man
69 is early retirement?
Posted on 6/21/25 at 8:10 am to I Love Bama
quote:
So what is your plan to keep the body and mind sharp as you enter your 70s?
Well, I just had hip surgery a couple of months ago, so right now, I go to the Y every day to do some light weight or yoga to get core strength back. Had been doing Krav Maga for 13 years, so hoping I can do that again in September.
We've traveled some to Washington State, going to Michigan next month, then a cruise in Norway in August.
So, travel is a goal. Working on retirement planning. I still run a non-profit I've done since 2004, but that doesn't take much time now these days. Of course, we have fantasy football coming up in the fall and I geek out on that a lot.
But...
I think I eventually need to find something to keep occupied more in the future thought.
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