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Thread: What retirement looks like

  1. #21
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    Re: What retirement looks like

    Quote Originally Posted by magentaflame View Post
    What is the retirement age in your countries? In Australia its 70 years of age.
    g

    As was mentioned in another's post, 62 is the age at one here in USA can start to receive "government" benefits.

    However, "55" is the age where one here could retire and start to receive "company" benefits.
    Then at age 62 begin to receive government benefits as well. Ain't life grand.
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    Re: What retirement looks like

    This is worth looking out for too. Just thought I'd mention it. Stand-out excellence, I thought.
    Attached Thumbnails Attached Thumbnails What retirement looks like-malbec1.jpg  
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    Re: What retirement looks like

    I wanna retire.

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    Re: What retirement looks like

    While it's true in the US that the retirement age can be as low as 55 in the private sector and even as low as 38 in the military, most people when they retire that young go out and get another job.

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    Re: What retirement looks like

    Quote Originally Posted by xfrodobagginsx View Post
    While it's true in the US that the retirement age can be as low as 55 in the private sector and even as low as 38 in the military, most people when they retire that young go out and get another job.
    They are not retired then are they ?
    They have...........................changed jobs.
    I thought I knew more than this until I opened my mouth

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    Re: What retirement looks like

    This is why I don't know what people mean by retirement. I've always assumed that since the fifties it has meant triggering payments from the state pension. If the pension is a state pension then the minimum age at which you can trigger it is fixed for the whole population - that's what I'd call the retirement age. If you have private means then you can cease all employment and live on those private means, which might include a private pension or investment fund, but I wouldn't call that retirement.
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    Re: What retirement looks like

    These days I often have people tell me that I'm "semi-retired" because I am more selective about the contracts I accept and prefer those that don't require an elaborate development system or access to bulky specific hardware. That way it doesn't really matter where I am when doing my work. I also often give myself some time between contracts to do some serious wandrin.

    App development for mobile devices is almost relaxing. The development system is a laptop (or two) and it works out just as well if I am in a campground in Oregon or Utah as it does at home in my office. Besides, most of these apps are rather simple in their scope, compared with the projects I used to undertake, which is relaxing in its own way.

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    Re: What retirement looks like

    Quote Originally Posted by spot View Post
    This is why I don't know what people mean by retirement. I've always assumed that since the fifties it has meant triggering payments from the state pension. If the pension is a state pension then the minimum age at which you can trigger it is fixed for the whole population - that's what I'd call the retirement age. If you have private means then you can cease all employment and live on those private means, which might include a private pension or investment fund, but I wouldn't call that retirement.
    Retirement has nothing to do with when your government or insurance company pays out, it's when you stop getting paid for work.

    I am receiving a couple of pensions and working 20 hours for a wage, I am not retired, despite the pensions.
    I thought I knew more than this until I opened my mouth

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    Re: What retirement looks like

    Quote Originally Posted by Bruv View Post
    They are not retired then are they ?
    They have...........................changed jobs.
    They are retired in the sense that they get their full pension from the job that they retired from.

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    Re: What retirement looks like

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    Quote Originally Posted by xfrodobagginsx View Post
    They are retired in the sense that they get their full pension from the job that they retired from.
    They changed jobs when the previous job's benefits started paying out.
    They changed jobs and have an additional income from a pension.

    They are in paid employment.............not retired.
    I thought I knew more than this until I opened my mouth

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