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re: What length of time do you consider a "normal" work/career life?
Posted on 12/4/23 at 9:19 am to Zachary
Posted on 12/4/23 at 9:19 am to Zachary
Had a full time job since I was 22 and plan to retire about 65.
There’s always stuff to do around the house/yard, golf and travel. Will probably buy a small boat and hopefully live near a lake. I don’t plan on working unless I have to.
There’s always stuff to do around the house/yard, golf and travel. Will probably buy a small boat and hopefully live near a lake. I don’t plan on working unless I have to.
0
Posted on 12/4/23 at 9:29 am to yellowfin
quote:
I spend too much money to retire
Eventually you’ll have all your toys and then you will be surprised how much money stacks up. May have to wait 30-ish years for the kids to really be totally independent (including not needing gramps to babysit) though.
Stick to quality products even if an early adopter. Repetitive small purchases will eat ya alive.
Posted on 12/4/23 at 9:45 am to Zachary
I retired from the Army in 2007 and about to retire from my current job in the next year or two, depending how this next presidential election goes. Currently 56 years old. Both have pensions. I'm by no means rich, but I'm not working until I die. I'll live within my means and enjoy life.
Posted on 12/4/23 at 10:17 am to Zachary
quote:
What length of time do you consider a "normal" work/career life?
I'd say till 55-60 and even that is a luxury for most people. The honest answer is probably till social security kicks in for most.
Posted on 12/4/23 at 10:29 am to Bullfrog
quote:
Retirement is not a thought. People retire then they die. See it all too often.
My grandpa retired at 50 and lived til he was 87.
Posted on 12/4/23 at 10:30 am to barry
quote:
The honest answer is probably till social security kicks in for most.
I know several people that had plenty of money to retire but health insurance was the big barrier to retiring early so they waited on Medicare.
Posted on 12/4/23 at 10:31 am to Epic Cajun
quote:
My grandpa retired at 50 and lived til he was 87
My grandfather retired at 59 and lived until 99. He had a pension too. He told me he made more money in retirement than when he was working
Posted on 12/4/23 at 10:40 am to Zachary
I think I’ll likely work at least part time until I physically can’t go to the office anymore or am mentally incapable. I don’t think I’ll feel totally comfortable calling it quits until I know my kids are financially secure. If I hang it up totally before that point, I’ll feel like I had more to give, I think.
Posted on 12/4/23 at 10:41 am to fallguy_1978
I'm 67. Wife and I have a nice, seven-figure savings, plus another half-million in home equity.
I was going to retire at the end of this year, but my employer asked me to take a mentoring position in business development. The pay is good, but every day that goes by is another day I'm not retired. I may retire anyway and work as an independent consultant, setting my own hours. My mom is 89 years old and I would like to spend more time helping and talking to her. I think we probably have enough in savings to go with SS to make it work out.
I was going to retire at the end of this year, but my employer asked me to take a mentoring position in business development. The pay is good, but every day that goes by is another day I'm not retired. I may retire anyway and work as an independent consultant, setting my own hours. My mom is 89 years old and I would like to spend more time helping and talking to her. I think we probably have enough in savings to go with SS to make it work out.
Posted on 12/4/23 at 10:43 am to HubbaBubba
quote:
I was going to retire at the end of this year, but my employer asked me to take a mentoring position in business development. The pay is good, but every day that goes by is another day I'm not retired. I may retire anyway and work as an independent consultant, setting my own hours. My mom is 89 years old and I would like to spend more time helping and talking to her. I think we probably have enough in savings to go with SS to make it work out.
I want some time post work where I'm still reasonably healthy and can do whatever I want when I want.
Posted on 12/4/23 at 10:47 am to Solo Cam
quote:
I've recently had two uncles both die within 12 months of their retirements in their 60's.
Maybe they died because they retired.
Posted on 12/4/23 at 11:22 am to LaLadyinTx
quote:I don't think they got prostate cancer and had a stroke because of retirement but ok?
Maybe they died because they retired.
Work your life away, I'll take my chances fishing
Posted on 12/4/23 at 11:25 am to Solo Cam
quote:
Work your life away, I'll take my chances fishing
My mom worked until she physically couldn't anymore. I really want to avoid being in that situation if possible.
Posted on 12/4/23 at 12:04 pm to Sidicous
quote:
Eventually you’ll have all your toys and then you will be surprised how much money stacks up
I don’t really buy toys….I spend money on experiences
Posted on 12/4/23 at 12:11 pm to Zachary
quote:
What length of time do you consider a "normal" work/career life?
First job was farm work when I was 4
Still working today
Pretty much cradle to grave for my generation.
Posted on 12/4/23 at 2:35 pm to Zachary
I see work and career as 2 different things.
I worked to get a degree and to just get by from mid teens to 27.
Then I finally started my real career which lasted 30 years when I hit the mandatory retirement age at 57.
Happy to have worked and happy to be retired.
A time to every purpose...
I worked to get a degree and to just get by from mid teens to 27.
Then I finally started my real career which lasted 30 years when I hit the mandatory retirement age at 57.
Happy to have worked and happy to be retired.
A time to every purpose...
Posted on 12/4/23 at 10:17 pm to Rize
Never retire.
Posted on 12/4/23 at 10:35 pm to fallguy_1978
quote:that's the reality for the vast majority of americans
My mom worked until she physically couldn't anymore. I really want to avoid being in that situation if possible.
if i were in that position, i honestly i think i'd rather work until i die than live a dave ramsey depression life and have a few years in my 70s to not work but also still be kind of broke.
the average "fixed income" senior citizen who doesn't have a lot of good family around lives a fricking awful life.
Posted on 12/4/23 at 11:34 pm to Zachary
I haven't lifted a finger for my company in two months. Running out of DIY projects at the house and want to go on the road at this point. Problem for me is that sitting at home pays the same as working, so when I sit I feel like I'm getting one over on the man.
I like getting paid to not work though. I just bid for on-call work, and they don't call much this time of year. Call me a lazy union employee that happens to posses a valuable skillset, but my kids don't have an uncle Jody.
I like getting paid to not work though. I just bid for on-call work, and they don't call much this time of year. Call me a lazy union employee that happens to posses a valuable skillset, but my kids don't have an uncle Jody.
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