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re: Retiring early vs. never retiring
Posted on 9/4/20 at 1:34 pm to Slippy
Posted on 9/4/20 at 1:34 pm to Slippy
It all depends on what “work” is. We had a guy in our office who “worked” past 65. He flew down from his home in Virginia (business class of course) to Houston for a few days , say high, sit in some meetings , then fly back home , and make $200,000 a year. If I can “work” like that, I’m in.
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Posted on 9/4/20 at 1:34 pm to Slippy
I worked with a guy who retired from his plant job and said after 2 months of being home with his wife he woke up one morning and decided he had to go back to work. Based on what he told me, when you retire just make sure you have a plan.
Posted on 9/4/20 at 1:36 pm to TimeOutdoors
quote:
I have seen way to many people retire and then two years later they were dead. You went from seeing them the first 6 months talking about how much they enjoyed it to seeing them sit home and become inactive. Health declined pretty quick being inactive physically and mentally (not having their mind stimulated with work/projects).
I’ve seen this this happen to people as well. When you retire, you’d better have some plans on how to stay occupied other lounging on the couch watching TV all day.
Posted on 9/4/20 at 1:45 pm to Ellssu
quote:
i will be 62 years old and i can't wait.
I left at 62. Never regretted it for one minute.
Posted on 9/4/20 at 1:46 pm to MaroonWhite
You just need to learn how to slow down. No deadlines or alarm clocks. Be sure you are debt free. Daily living doesn’t cost much. I retired at 59.5 after 40 years at the same company just last month. Lovin it.
Posted on 9/4/20 at 1:48 pm to Slippy
The only good thing about COVID is my company offered a retirement package too good to pass up.
While I had retirement on my radar, I was still 6-8 years away and COVID just accelerated my decision.
This just recently happened, so I'll allow time for the dust to settle and then decide if I'll go back in the work force or continue with the early retirement.
While I had retirement on my radar, I was still 6-8 years away and COVID just accelerated my decision.
This just recently happened, so I'll allow time for the dust to settle and then decide if I'll go back in the work force or continue with the early retirement.
Posted on 9/4/20 at 1:52 pm to Slippy
I truly enjoy my profession and used to think I would never retire. However, I had a health crisis last year that forced me to take several months off from work. I came away from that with a changed perspective. I now know that I can stay busy enough to actually enjoy life after retirement. I’ve got about 9 years to go and can’t wait to get to retirement!
Posted on 9/4/20 at 1:52 pm to brett randall
quote:
Never seen the headstone that read " Damn, I wish I would've worked one more day."
Have you ever seen a headstone that said “I’m glad I retired early”? Maybe you have. Maybe you’re retired and go around reading tombstones all day.
Posted on 9/4/20 at 1:52 pm to Bagger Joe
quote:
I'll retire for good when I'm 70
tomorrow is guaranteed to no man...
Posted on 9/4/20 at 1:53 pm to Slippy
I'm an insurance agent. Honestly, I'll probably work until I can no longer operate my computer. My computer and internet are my lifeblood and I don't work hard at all. As long as I am able to sit in a chair, wear a headset, and make calls I will work. The money is too good not to.
My dad, on the other hand, is 67 and works his arse off each day in the heat and cold. I think he's finally calling it quits in May but it took quite a lot of convincing to get him to that point. Poor man needs to take it easy and enjoy life for the first time in his life.
My dad, on the other hand, is 67 and works his arse off each day in the heat and cold. I think he's finally calling it quits in May but it took quite a lot of convincing to get him to that point. Poor man needs to take it easy and enjoy life for the first time in his life.
This post was edited on 9/4/20 at 1:55 pm
Posted on 9/4/20 at 1:55 pm to Dawgwithnoname
quote:
I'm about halfway through my career and I'm in a job I love, but once 59 and a half hits, I'm probably checking out.
I'm 46, been with the same company since I was 22 and feel the same way you do. Depending on the market, I will probably check out between 55 and 59 1/2 but not a day over.
Posted on 9/4/20 at 1:55 pm to Dissident Aggressor
Next year makes 25 for me in education. Teacher , coach , AD, and bus driver. Plan on retiring next year at 52 and maybe finding some part time or side gig
Posted on 9/4/20 at 1:56 pm to Bear88
quote:
Next year makes 25 for me in education. Teacher , coach , AD, and bus driver. Plan on retiring next year at 52 and maybe finding some part time or side gig
Wife is a teacher going on 11 years now and she's already looking forward to her 20th year so she can retire then do something else part time. I keep telling her she has to work until her 30th year just to frick with her.
Posted on 9/4/20 at 1:56 pm to Slippy
quote:
Don't you want to play golf or travel in your old age
I’d rather travel now when I’m young and work later. Hell, I might lucky and die. Won’t have to work at all
Posted on 9/4/20 at 1:59 pm to TDsngumbo
quote:
Wife is a teacher going on 11 years now and she's already looking forward to her 20th year so she can retire then do something else part time. I keep telling her she has to work until her 30th year just to frick with her.
New to fairly new teachers in our state (ms) have to work 30 now to retire... feel for them
Posted on 9/4/20 at 1:59 pm to Slippy
I worked with a woman who evidently went through a bitter divorce years ago. No children. She was the breadwinner and as part of the settlement, her ex got nothing immediately but would get a percentage of retirement.
She stayed in the job over 40 years. She was losing money still working. She worked until she began to show signs of dementia and when upper management tried to discuss their concerns with her she threatened to sue. Rumor is she actually did sue one of them.
Anyway she filed for retirement this year. I think she's close to 80. Congrats, you won, I guess, lady...
She stayed in the job over 40 years. She was losing money still working. She worked until she began to show signs of dementia and when upper management tried to discuss their concerns with her she threatened to sue. Rumor is she actually did sue one of them.
Anyway she filed for retirement this year. I think she's close to 80. Congrats, you won, I guess, lady...
Posted on 9/4/20 at 2:01 pm to Slippy
If you love what you do, you never work a day in your life.
I plan to coach lacrosse until the day I die. Plenty of time for golf & travel all along the way.
I plan to coach lacrosse until the day I die. Plenty of time for golf & travel all along the way.
Posted on 9/4/20 at 2:08 pm to Slippy
I retired this year at 59. So far I’ve had the time of my life. It’s great!
Posted on 9/4/20 at 2:08 pm to Slippy
Retirement can get boring and In some cases is bad for ones mental health
I find the best solution is to put yourself in a position where you can choose either regularly
A hobby that makes money or a side hustle type thing but you have freedom to tee it up on any given day
Play when it’s nice, make a few bucks when it’s not
I find the best solution is to put yourself in a position where you can choose either regularly
A hobby that makes money or a side hustle type thing but you have freedom to tee it up on any given day
Play when it’s nice, make a few bucks when it’s not
Posted on 9/4/20 at 2:09 pm to Slippy
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