Retirement

[penultimatestraw 473]

Ideally, at what age would you like to retire? When will you be able to retire? What do you plan to do in retirement?

[tanatastic 2,062]

Would like to? now.

 

When able? never.

 

Plans? N/A

[Bert 1,128]

55, 57-60, golf, fish, travel, initially work 10-20 a week (probably preparing tax returns or doing consulting)

[Thornton Melon 621]

Now

15 years

Nothing

[IGotWorms 4,058]

Would love to retire around 55 but realistically likely won't be until 60 or 65. Saving lots of $ and I have decades to go, but still.

 

I want to travel. Would love to just travel around the country on extended road trips. Perhaps an RV but one of the smaller ones. Then take the show international with travel to Europe and Australia to start with

[rholio 339]

Two weeks after I die.... boss wants two weeks notice.

[frank 2,307]

Now

55

Two chicks at the same time

[Djgb13 2,339]

Would love to retire around 55 but realistically likely won't be until 60 or 65. Saving lots of $ and I have decades to go, but still.

 

I want to travel. Would love to just travel around the country on extended road trips. Perhaps an RV but one of the smaller ones. Then take the show international with travel to Europe and Australia to start with

This is my idea as well. I'd also like to travel to all the states and eat at some of the places from Triple D (diners, drive ins, and dives). This is a possible route I would love to take. It's described as one of the best routes around America.

 

http://m.huffpost.com/us/entry/plan-a-road-trip_n_6839764.html

[Frank M 181]

Ideally, at what age would you like to retire? When will you be able to retire? What do you plan to do in retirement?

 

I'd love to retire at 60, but unless something drastic happens in the near future, it'll be 65. I'm going to camp a lot, ideally around the country instead of my general area.

[Hardcore troubadour 15,463]

Mission accomplished.

[IGotWorms 4,058]

This is my idea as well. I'd also like to travel to all the states and eat at some of the places from Triple D (diners, drive ins, and dives). This is a possible route I would love to take. It's described as one of the best routes around America.

 

http://m.huffpost.com/us/entry/plan-a-road-trip_n_6839764.html

Yeah that looks pretty good. I'd probably take a few detours like to hit the boundary waters in Minny and stray into Canada around Banff, but that about does it

 

Well it's a little weird the dude would skip Seattle, and once there you might as well take a trip out to Olympic peninsula

[TimmySmith 2,782]

If I work hard and save smart I think I could retire at 60 with few problems. I have to stay in some sort of shape. I would be content to travel 2 weeks a year and golf once a week.

[Djgb13 2,339]

Yeah that looks pretty good. I'd probably take a few detours like to hit the boundary waters in Minny and stray into Canada around Banff, but that about does it

 

Well it's a little weird the dude would skip Seattle, and once there you might as well take a trip out to Olympic peninsula

Oh yea I'd definitely make a few adjustments to it but it's a good outline for a nice trip.

[dain11279 976]

Now

55

Two chicks at the same time

[titans&bucs&bearsohmy! 2,745]

I'll likely die in my traces like a good little mule. I really don't see retirement happening completely.

 

I could see some form of semi retirement though. Like teaching university on a 20 hour schedule or something.

 

What do I plan to do in retirement? In theory, the same crap I like to do now. In reality, I doubt by health will enable me to have a very pleasant old age. I have not treated my body kindly in my youth, I suspect I am due for a host of orthopedic problems, not to mention the lungs.

 

I'm beginning to take bunnys view of the future. Eat drink and be merry, for tomorrow we may die and all of that.

[MTSkiBum 1,620]

Now.

 

30 years

 

Travel, fish, and ski.

[penultimatestraw 473]

This is my idea as well. I'd also like to travel to all the states and eat at some of the places from Triple D (diners, drive ins, and dives). This is a possible route I would love to take. It's described as one of the best routes around America.

 

http://m.huffpost.com/us/entry/plan-a-road-trip_n_6839764.html

Too many east coast stops, too few national parks.

[penultimatestraw 473]

I'll likely die in my traces like a good little mule. I really don't see retirement happening completely.

 

I could see some form of semi retirement though. Like teaching university on a 20 hour schedule or something.

 

What do I plan to do in retirement? In theory, the same crap I like to do now. In reality, I doubt by health will enable me to have a very pleasant old age. I have not treated my body kindly in my youth, I suspect I am due for a host of orthopedic problems, not to mention the lungs.

 

I'm beginning to take bunnys view of the future. Eat drink and be merry, for tomorrow we may die and all of that.

Spoken like someone who has yet to develop a significant health problem. Unfortunately, most diseases don't kill you quickly.

[cyclone24 1,913]

Good question. Ill be 42 in june and am a stay at home dad. I dont really see me going back to work...wifes a partner at her obgyn clinic..so dont really have to.

Probably spend my time with the kids...thats what id want to do if i was legit retired anyway.

[IGotWorms 4,058]

Good question. Ill be 42 in june and am a stay at home dad. I dont really see me going back to work...wifes a partner at her obgyn clinic..so dont really have to.

Probably spend my time with the kids...thats what id want to do if i was legit retired anyway.

The good doctor will be here to attack you any minute now.

 

Except you're conservative, so probably not.

[titans&bucs&bearsohmy! 2,745]

Spoken like someone who has yet to develop a significant health problem. Unfortunately, most diseases don't kill you quickly.

I know. And I am taking steps. Losing the weight has seen all the joint aches I had go away.

 

Trying to quit smoking, but damn it's hard.

 

I'm not saying I'm going to fly into the sun guns blazing. But I don't want to defer life for a future that may never happen either.

[mmmmm...beer 807]

I'm also 42. Can retire at 50, mandatory at 57.

 

In our field, as we can retire pretty early, everybody always wants to know your next career plan for retirement. What do you have lined up for your next job for 20+ years

 

Want to do nothing. I want to retire. I want to be able to wake up whenever I want and not feel pressed for time throughout the day. No deadlines, no pressure, no bullsh!t for the most part.

 

Sure I'll travel, fish... etc.

 

Smoke weed and play playstation if I want.

[penultimatestraw 473]

The good doctor will be here to attack you any minute now.

 

Except you're conservative, so probably not.

I assume you mean doc Obeski? I'm all for working as little as possible, unless you loooove your job.

[penultimatestraw 473]

I know. And I am taking steps. Losing the weight has seen all the joint aches I had go away.

 

Trying to quit smoking, but damn it's hard.

 

I'm not saying I'm going to fly into the sun guns blazing. But I don't want to defer life for a future that may never happen either.

It takes about 6 attempts on average to quit smoking, so keep trying. And I hope after losing weight you have started realize that life is better without excess, whether it be food, drugs, cigarettes or alcohol.

[titans&bucs&bearsohmy! 2,745]

It takes about 6 attempts on average to quit smoking, so keep trying. And I hope after losing weight you have started realize that life is better without excess, whether it be food, drugs, cigarettes or alcohol.

I barely eat anymore. In fact everyone complains I need to eat more.

 

I don't drink much really. Id say maybe ten drinks a week on a good week, all of that being on the weekend. I don't drink daily.

 

But the smoking. Being in China has made that worse. Cigs are so cheap here and you can smoke anywhere. Gotta work on that.

[penultimatestraw 473]

I barely eat anymore. In fact everyone complains I need to eat more.

 

I don't drink much really. Id say maybe ten drinks a week on a good week, all of that being on the weekend. I don't drink daily.

 

But the smoking. Being in China has made that worse. Cigs are so cheap here and you can smoke anywhere. Gotta work on that.

Well, it sounds like you have made a lot of changes for the better. Obesity and smoking are the top two modifiable causes of disease/death. But quitting the latter will be nearly impossible in that environment.

 

When you're ready to quit, you'll need a concrete plan, including a quit date. Before that day arrives, you need to get rid of all the smoking paraphernalia - the cigarettes, lighters, ashtrays, etc. The toughest to eliminate are the people around you who smoke. Nicotine replacements and drugs like Chantix increase the odds of quitting, but having a definitive plan is more important. Good luck.

[titans&bucs&bearsohmy! 2,745]

Well, it sounds like you have made a lot of changes for the better. Obesity and smoking are the top two modifiable causes of disease/death. But quitting the latter will be nearly impossible in that environment.

 

When you're ready to quit, you'll need a concrete plan, including a quit date. Before that day arrives, you need to get rid of all the smoking paraphernalia - the cigarettes, lighters, ashtrays, etc. The toughest to eliminate are the people around you who smoke. Nicotine replacements and drugs like Chantix increase the odds of quitting, but having a definitive plan is more important. Good luck.

I tried chantix a few years ago. Gave me horrible diarrhea and weird as Fock dreams.

 

I am planning on trying again when I go home this summer. The traveling part will be a detox anyway, and nobody there smokes.

[Frozenbeernuts 2,269]

I cant retire until i am 60 if i want to be living off of a pension right away. I doubt i will want to rely off of my savings for the last few years so it will most likely be 60 if not 62.

[IGotWorms 4,058]

I assume you mean doc Obeski? I'm all for working as little as possible, unless you loooove your job.

Yes, Dr. O

[NorthernVike 2,087]

The biggest roadblock to retirement right now is health insurance. Paying $1500 to $2000 a month in todays dollars for the wife and I makes the math not work. Prolly 65 when we can get medicare, if they don't raise that age like they do with SS.

[cyclone24 1,913]

I'm also 42. Can retire at 50, mandatory at 57.

 

In our field, as we can retire pretty early, everybody always wants to know your next career plan for retirement. What do you have lined up for your next job for 20+ years

 

Want to do nothing. I want to retire. I want to be able to wake up whenever I want and not feel pressed for time throughout the day. No deadlines, no pressure, no bullsh!t for the most part.

 

Sure I'll travel, fish... etc.

 

Smoke weed and play playstation if I want.

Lol exactly.

 

What are you going to do when you retire?

 

Nothing. I want to do nothing for awhile

[Reality 3,121]

Hopefully between 55 & 60

 

At this point, retirement will be determined almost entirely by medical insurance.

 

Travel and Golf, lots of golf.

[NorthernVike 2,087]

The thing about retiring early is that all of your friends are still working and you get bored. There's no one to do things with.

[Old School 360]

Ideally, at what age would you like to retire? When will you be able to retire? What do you plan to do in retirement?

No pension, so I'd like to retire at 62.

 

I've saved around $600,000 which isn't much- but I probably started saving at a later age than most of you.

 

Hoping to actually retire at 64- will transfer over to the wife's insurance until I hit 65.

 

SS benefits are based on 30 years of earnings AND your highest 5 years of earnings.

Because of that, I just took on a part time job, to boost my income for the next 2 years.

 

Retirement plans include putting around the house, some travel, volunteer work- and a part time job maybe 15 hours a week.

 

I'm gonna be an usher at the best music venue in Nashville. Why not? Catch a bunch of great shows and bring in an extra $6 to $10,000 a year.

 

Actually sounds pretty pitiful-

[KSB2424 3,148]

I turned 40 this year and with two kids (4 and 7) I've actually started to think about this.......

 

In 20 years I'll be 60, both kids grown and way out of college or even graduate school and on their own. My wife is 5 years younger than I am so she'll be 55. Seems like a good age to me.

 

I've been contributing to a 401k since I was 24 years old so I have that plus a pension at work and my wife has a IRA. I'm not counting on SS, but anything from that would be on top.

 

They say your 40's is normally where you peak at your earnings potential so hopefully that pans out. I'm currently trying to think of other revenue streams I can venture into besides just my career. Maybe real estate, commercial real estate properties.

 

What I'd do in retirement? The normal stuff probably. Travel the globe, play golf, maybe plant my own farm (ok just a really big ass garden) to grow my own food. Visit the kids and grand kids and stuff (God willing). Things like that.

[IGotWorms 4,058]

If it weren't for family I would totally do this: http://www.investopedia.com/articles/retirement/050416/8-countries-where-200k-retirement-savings-will-last-30-years.asp

 

Of course cost of living could rise and then you're focked.

[mmmmm...beer 807]

If it weren't for family I would totally do this: http://www.investopedia.com/articles/retirement/050416/8-countries-where-200k-retirement-savings-will-last-30-years.asp

 

Of course cost of living could rise and then you're focked.

Then you just find another country that works. My wife is a native bilingual Spanish speaker and we've really been thinking about this.

 

Also check this out: https://www.ssa.gov/international/payments.html

 

Quite a few places you can get your Social Security and even just with that probably be okay.

[cyclone24 1,913]

If it weren't for family I would totally do this: http://www.investopedia.com/articles/retirement/050416/8-countries-where-200k-retirement-savings-will-last-30-years.asp

 

Of course cost of living could rise and then you're focked.

Crime rates are pretty sweet in those countries...yikes.

 

Rich white dude trots in is like chum in the water for those primates.

[IGotWorms 4,058]

Crime rates are pretty sweet in those countries...yikes.

 

Rich white dude trots in is like chum in the water for those primates.

That would also be a concern of mine but many of those countries are actually quite safe. Safer than the US even since there typically isn't nearly as much gun violence

[vuduchile 1,945]

At age 52 now, I'd love to say I'll hang it up in 10 years but it's not in the cards. Not enough money saved for that.

 

I'm most likely looking at 67.

 

Best case scenario is that my biz will produce income while requiring little or no effort from me. I envision being a figurehead of sorts.

 

Worst case scenario is that I have to stay involved until I drop dead. The biz is easy enough for my wife and I to run deep into our retirement years if needed.

 

Travel abroad for months at a time is our goal. We'd like to experience as many different cultures as possible.

 

I'd also like to play lots of golf, and spend as much time with our sons and their families as possible.