Retirement is so much better than I thought it would be. I don’t travel much and am a homebody but love not going to work and am enjoying life the way I want to. I worked longer than I should have because people had me convinced I wouldn’t know what to do. You will know what to do when you retire. In fact I can’t believe I even got things done before. If you can financially afford to retire, do it. Best thing I’ve ever done
I am 58 years old and have hated every single day of my working life. I knew from the day I started that work wasn’t for me. I just can’t wait to retire.
So many thoughts on this subject. Retirement age is a personal and unique decision. Social media certainly contributes to romanticizing the idea, and is also very motivational for those who are actually able and ready or need to retire. Based on my experience, boredom is absolutely not a problem. That said, we all can benefit from ensuring that we each individually are retiring to something and not from something. Have a plan before you retire. It can be specific or it can be a set of values and priorities to focus on. For example, I retired at 57 (laid off and ecstatic about it -been 2 years now) with the idea to live each day focused on the following: Gratitude, health, family, learning, and helping others. I live each day with a focus on those things and really, boredom is a very rare and very avoidable circumstance.
We retired at 63, love it! Should have done it at 62. Better than expected, and the money goes further than expected. Get rid of debt! Without debt everything is easier. Wife took SS at 63, I’m waiting till 70. The ACA worked fine and was affordable before starting Medicare. The pace is pleasantly slower, so getting bored is not an issue if you just enjoy the little things while planning the trips and major activities.
Retirement may not be what you imagine. My wife and I liked our careers but retired at 66/63 because we had plans for the gogo years. What we found was none of my friends have retired (my wife has a couple of friends that have retired) and many of the things we imagined doing haven't happened. We take 3-4 vacations/year and enjoy them but vacation doesn't last forever. My wife has her retired friends to keep her busy but I find myself alone much of the time.
When I was quite young in my working life, I had a friend who was retiring out of a lower level job as a social worker. He hadn’t worked in that position for a terribly long time, and he was quite pleased with his decision to retire. Bumped into him a few years later and he was doing some thing along the line to being a Walmart greeter. I was pretty puzzled by this because I knew he was making less money, with fewer benefits, and I asked him what happened. He said, “I didn’t figure the money thing out.” That must’ve made a big impact on me because I remember that conversation still, and I decided then that I didn’t want to be in that position. When I got to the point where I retired, I decided, I wanted to be to be done working. I’ve had several people tell me enthusiastically what jobs I could hold after I retire. These comments befuddle me. I still feel the same way, once I retire I want to be done working. I really like the way that was worded in this video: retirement needs to be sustainable.
I'm a year out...subject to change of course! I'll punch out no later than 62. I also enjoy what I do and it is actually centered around my interests since early childhood...aerospace, military, defense science type stuff. They pay me well to do things I like to do on my own as hobbies anyway. Pulling the plug will be very scary but I don't want my aging body to suddenly make the decision for me. We all wear out eventually. I don't want to get into the "just one more year" endless loop but I may take your advice and just set a date and have it agreed upon by my wife and adult son, nobody else. My buds across the street both are retired and they seem busier than ever. I do look forward to just not having to do ANYTHING or to do EVERYTHING, solely up to me.
I think a great point to get across is that retirement doesn’t have to be an on/off switch. Once you’re FI with work optional, retirement/work can be a dial. To me it makes much more sense to ease into “retirement” by continuing to work and extending vacation time. Then going to part time and working as much or as little as you’d like. And then eventually hanging it up entirely when your health just won’t allow you to consult a couple months a year anymore. Everyone has different goals, but everyone will have to find something to do in retirement. You may as well get paid a little while you do it! Donate the money to charity or family if you don’t need it. If you were successful enough in life to be able to retire early in the first place, chances are the world desperately needs your skill sets still involved to fight against the global atrophy we see all around us every day.
My wife and I plan on working very part time after 60. Make enough to cover groceries and health insurance.. The rest from investments. I’m sure we can adjust as needed👍
I'm 58 and could retire but I'd probably go nuts not having enough to do. I'm bored after a couple days off especially over long weekends. I can probably keep working at my job until I die. Seems like the easiest thing to do.
As I approached 65 I as planning to retire at 70. Then in May 2024 my employer decided to implement DEI and the woke agenda. I retired in July and am very, very happy.
I get spooked about retirement (at age 66) every time the market goes down. Three months ago I had the iconic $1M, now I have less than that amount, because “nervous traders” are addicted to projected Tesla profits, consumer price index reports, or the latest wink, nod, and wheeze from the Fed chairman. The nervous traders need a different drug. Thorazine maybe.
The old concept of retirement is outdated, the Jones Act 😂! Who cares what everyone thinks make your own journey. It is a state of mind depending on the kind of work you’re doing. I plan to retire like Warren Buffet in my 90!
Retirement isn’t all travel and fun but it’s way better than working for me for numerous reasons.
Retirement is so much better than I thought it would be. I don’t travel much and am a homebody but love not going to work and am enjoying life the way I want to. I worked longer than I should have because people had me convinced I wouldn’t know what to do. You will know what to do when you retire. In fact I can’t believe I even got things done before. If you can financially afford to retire, do it. Best thing I’ve ever done
441 days, 23 hours, 37 minutes until retirement! At this point, time is standing still.
I am 58 years old and have hated every single day of my working life. I knew from the day I started that work wasn’t for me. I just can’t wait to retire.
So many thoughts on this subject. Retirement age is a personal and unique decision. Social media certainly contributes to romanticizing the idea, and is also very motivational for those who are actually able and ready or need to retire. Based on my experience, boredom is absolutely not a problem. That said, we all can benefit from ensuring that we each individually are retiring to something and not from something. Have a plan before you retire. It can be specific or it can be a set of values and priorities to focus on. For example, I retired at 57 (laid off and ecstatic about it -been 2 years now) with the idea to live each day focused on the following: Gratitude, health, family, learning, and helping others. I live each day with a focus on those things and really, boredom is a very rare and very avoidable circumstance.
We retired at 63, love it! Should have done it at 62. Better than expected, and the money goes further than expected.
Get rid of debt! Without debt everything is easier. Wife took SS at 63, I’m waiting till 70. The ACA worked fine and was affordable before starting Medicare.
The pace is pleasantly slower, so getting bored is not an issue if you just enjoy the little things while planning the trips and major activities.
Retirement may not be what you imagine. My wife and I liked our careers but retired at 66/63 because we had plans for the gogo years. What we found was none of my friends have retired (my wife has a couple of friends that have retired) and many of the things we imagined doing haven't happened. We take 3-4 vacations/year and enjoy them but vacation doesn't last forever. My wife has her retired friends to keep her busy but I find myself alone much of the time.
When I was quite young in my working life, I had a friend who was retiring out of a lower level job as a social worker. He hadn’t worked in that position for a terribly long time, and he was quite pleased with his decision to retire. Bumped into him a few years later and he was doing some thing along the line to being a Walmart greeter. I was pretty puzzled by this because I knew he was making less money, with fewer benefits, and I asked him what happened. He said, “I didn’t figure the money thing out.”
That must’ve made a big impact on me because I remember that conversation still, and I decided then that I didn’t want to be in that position. When I got to the point where I retired, I decided, I wanted to be to be done working.
I’ve had several people tell me enthusiastically what jobs I could hold after I retire. These comments befuddle me. I still feel the same way, once I retire I want to be done working. I really like the way that was worded in this video: retirement needs to be sustainable.
I'm a year out...subject to change of course! I'll punch out no later than 62. I also enjoy what I do and it is actually centered around my interests since early childhood...aerospace, military, defense science type stuff. They pay me well to do things I like to do on my own as hobbies anyway. Pulling the plug will be very scary but I don't want my aging body to suddenly make the decision for me. We all wear out eventually. I don't want to get into the "just one more year" endless loop but I may take your advice and just set a date and have it agreed upon by my wife and adult son, nobody else. My buds across the street both are retired and they seem busier than ever. I do look forward to just not having to do ANYTHING or to do EVERYTHING, solely up to me.
I think a great point to get across is that retirement doesn’t have to be an on/off switch. Once you’re FI with work optional, retirement/work can be a dial. To me it makes much more sense to ease into “retirement” by continuing to work and extending vacation time. Then going to part time and working as much or as little as you’d like. And then eventually hanging it up entirely when your health just won’t allow you to consult a couple months a year anymore.
Everyone has different goals, but everyone will have to find something to do in retirement. You may as well get paid a little while you do it! Donate the money to charity or family if you don’t need it.
If you were successful enough in life to be able to retire early in the first place, chances are the world desperately needs your skill sets still involved to fight against the global atrophy we see all around us every day.
My wife and I plan on working very part time after 60.
Make enough to cover groceries and health insurance..
The rest from investments.
I’m sure we can adjust as needed👍
I plan to work longer but work less hours. I love my job! Great video 😊
I'm 58 and could retire but I'd probably go nuts not having enough to do. I'm bored after a couple days off especially over long weekends. I can probably keep working at my job until I die. Seems like the easiest thing to do.
As I approached 65 I as planning to retire at 70. Then in May 2024 my employer decided to implement DEI and the woke agenda. I retired in July and am very, very happy.
Retirement is living your normal life without going to work at a job. I just replace that time by living in my on mind.
I get spooked about retirement (at age 66) every time the market goes down. Three months ago I had the iconic $1M, now I have less than that amount, because “nervous traders” are addicted to projected Tesla profits, consumer price index reports, or the latest wink, nod, and wheeze from the Fed chairman. The nervous traders need a different drug. Thorazine maybe.
The old concept of retirement is outdated, the Jones Act 😂! Who cares what everyone thinks make your own journey.
It is a state of mind depending on the kind of work you’re doing. I plan to retire like Warren Buffet in my 90!
Health, eye and dental insurance; Social Security at 65 (I don’t think I can or want to hold out to 70);