How long until you retire?

[tower912]

To let Jay Wright have his much deserved tributes, let's move this here.   How long until you retire?    What are you looking forward to?

8 months or one bad day.    I am looking forward to getting consistent sleep for the first time since I was a teenager.

[The Hippie Satan of Hyperbole]

To let Jay Wright have his much deserved tributes, let's move this here.   How long until you retire?    What are you looking forward to?

8 months or one bad day.    I am looking forward to getting consistent sleep for the first time since I was a teenager.

10+ years. Really don’t know what I’m looking forward to because there is a lot of time between now and then.

[ZiggysFryBoy]

To let Jay Wright have his much deserved tributes, let's move this here.   How long until you retire?    What are you looking forward to?

8 months or one bad day.    I am looking forward to getting consistent sleep for the first time since I was a teenager.

20 yrs of service?

Our goal is 55, which is when our daughter graduates his school.  Sell our house, buy a place in AZ or NM for winters, lake house for the rest of the year.  Leave the People's Republic far behind.  Probably would work part time or consult so we don't get too bored. 

Or something.   

[tower912]

When I go, it will be 32 years, 9 months of bad sleep, heavy turn out gear, exposure to chemicals and sick people, watching a lot of them die.

Good sleep.

My wife will continue working until the HS freshman graduates college.   

[4everwarriors]

20 yrs of service?

Our goal is 55, which is when our daughter graduates his school.  Sell our house, buy a place in AZ or NM for winters, lake house for the rest of the year.  Leave the People's Republic far behind.  Probably would work part time or consult so we don't get too bored. 

Or something.   

First of May kinda something, hey?

[muwarrior69]

My wife and I retired in 2008 both at age 62. I could have worked longer but decided to stay home to take care of my dad who was suffering from Alzheimer’s.  I don't think I could survive the corporate world today and happy for once yo being on the outside looking in.

[Hards Alumni]

20 yrs of service?

Our goal is 55, which is when our daughter graduates his school.  Sell our house, buy a place in AZ or NM for winters, lake house for the rest of the year.  Leave the People's Republic far behind.  Probably would work part time or consult so we don't get too bored. 

Or something.   

Similar goals without the kids and without AZ or NM.  Gross.

[WarriorFan]

I don't think of retiring at all.  Quitting the corporate world in 3 more years (which will make it 35 total) to do my own thing is more likely.  I could live off the dividends but that sounds like no fun.  Would rather buy a small machine shop or a hotel or something in a small town in WI and make the 2nd half of my life interesting in a different way. 

[Goose]

My goal is to semi retire at age 66 and fully retire at age 70, but I really cannot imagine my life without being involved in the business world. Business has been the one constant in my life, starting at a very early age. I cannot remember one day in my life that my Dad's company, or now my company, has not been the top priority in my life. I do worry that I might struggle not having that action in my day to day life when I retire.

As for what I am looking forward to, spending a couple of months a year in Naples, FL, playing golf 3-5 times a week, traveling with my wife and enjoying every day with my kids and grandkids. I guess, enjoying my family is going to be my greatest joy in retirement.

[Hards Alumni]

My goal is to semi retire at age 66 and fully retire at age 70, but I really cannot imagine my life without being involved in the business world. Business has been the one constant in my life, starting at a very early age. I cannot remember one day in my life that my Dad's company, or now my company, has not been the top priority in my life. I do worry that I might struggle not having that action in my day to day life when I retire.

As for what I am looking forward to, spending a couple of months a year in Naples, FL, playing golf 3-5 times a week, traveling with my wife and enjoying every day with my kids and grandkids. I guess, enjoying my family is going to be my greatest joy in retirement.

I think that is what makes retirement 'scary' for a lot of people, Goose.  They feel like they're not useful anymore, or they don't know what to do with themselves.  I think having a plan of what you want to do can help this, but I also think we never know how we will respond to one of the last major changes in life.

We employ a fair number of retirees that just need something to do so they don't drive themselves or their spouses crazy.

[CTWarrior]

4 years, 8 months, 3 weeks, 1 day.  Not that I'm counting.

[PBRme]

Never

Dying in my office

[brewcity77]

Eligible in about 10 years with 22 years of service at age 55. But I expect I'll work until at least 60 and might stay on the job until then depending on healthcare.

Honestly, it's just one more stress to think about when I'm already overstressed.

[Herman Cain]

Staying in the Game and Competing is what keeps me going, physically and mentally.

We have built a great team  . Right now my focus is building a team that will replace those guys when they retire. 

 

[The Hippie Satan of Hyperbole]

I think that is what makes retirement 'scary' for a lot of people, Goose.  They feel like they're not useful anymore, or they don't know what to do with themselves.  I think having a plan of what you want to do can help this, but I also think we never know how we will respond to one of the last major changes in life.

We employ a fair number of retirees that just need something to do so they don't drive themselves or their spouses crazy.

We have also all witnessed people who retired early, get out of the game, and no longer have the skills to get back.  My wife's best friend's husband retired at 58.  After a few years, he was bored and his hobbies couldn't sustain him.  Tried to re-enter the workforce, but the workforce kinda moved on. 

[Sir Lawrence]

On the flip side, I've seen those that hang in there a bit too long, and end up dying or succumbing to health problems before they can enjoy the fruits of their labor.

A cautionary tale:  a friend's spouse frequently asked him to retire and move to a warmer climate with her near one of their children.  He kept on putting it off.  They are financially comfortable.  He finally agrees to shop for a residence in that southern coastal state.  While there, she doesn't feel well.  Ends up with a death sentence type of cancer diagnosis.  He is now guilt ridden.  Both are extraordinary people.  He just loves his career too much.

[JWags85]

I think that is what makes retirement 'scary' for a lot of people, Goose.  They feel like they're not useful anymore, or they don't know what to do with themselves.  I think having a plan of what you want to do can help this, but I also think we never know how we will respond to one of the last major changes in life.

I was thinking about this a few years ago after talking to my grandma.  My grandfather retired, as in sold his insurance agency, in his 60s, but didn't fully retire until his mid 70s.  He still did financial consulting and a variety of other part time stuff in his field.  She said one of the biggest helps to him...was the internet.  Especially an iPad.  Cause she said for so many, less technosavvy people their age...you wake up, have breakfast and read the paper....then what?  Not that she was suggesting you sit on your iPad all day, but there is myriad stuff you can do.  Reading articles, browsing, things to watch, puzzle games to play, etc...

I'm 36, I have a 25-30 years before I truly think about it, but I do wonder about my age group and different ways we have to eat up time.  For people even 10 years older than me, video games were something you "aged" out of.  But more and more people play video games well into their adult and parenting years.  I'm not saying Gramps will be on the headset pwning noobz in Fortnite, but I absolutely envision myself still playing some sort of video games with my grandkids or into my later years.  Not to mention the ways you can eat up 4 hours without breaking a sweat on the internet.  Its almost like a more varied and flexible hobby to counter woodworking or golf or gardening.

[Uncle Rico]

Suckers work past 40

[The Hippie Satan of Hyperbole]

On the flip side, I've seen those that hang in there a bit too long, and end up dying or succumbing to health problems before they can enjoy the fruits of their labor.

A cautionary tale:  a friend's spouse frequently asked him to retire and move to a warmer climate with her near one of their children.  He kept on putting it off.  They are financially comfortable.  He finally agrees to shop for a residence in that southern coastal state.  While there, she doesn't feel well.  Ends up with a death sentence type of cancer diagnosis.  He is now guilt ridden.  Both are extraordinary people.  He just loves his career too much.

We are only a couple generations removed from working until we die.  So I get why people feel this way.

[StillAWarrior]

I figure I've got another 12 years or so before retirement. My wife thinks I'm crazy, but I'd kind of like to open a tiny breakfast place to keep busy. If I could run it at least at break even, with some "regulars" every day for coffee and breakfast, I think I'd like that.

[🏀]

Suckers work past 40

GME to the moon.

[TSmith34, Inc.]

GME TWTR to the moon.

[drewm88]

The FIRE (Financial Independence, Retire Early) community has some advocates for multiple retirements -- years-long breaks from your career while you spend down the money you've saved up.

I imagine the struggle of getting back in the workforce still exists, but not as much at 45 vs. at 60 like Clarissa's friend.

[Goose]

Sir

That is a sad story about your friend. Balance is needed in life and you do need to enjoy everyday. Prayers out to your friend and his wife.

[MUBBau]

A touch over 21 years to go to retire with full pension at 57.