Make these ads go away.
+ Reply to Thread
Page 1 of 2 1 2 LastLast
Results 1 to 10 of 13

Thread: My Case For Retiring Early 50's/60's

  1. #1
    Senior Member Lon's Avatar
    Join Date
    Nov 2004
    Location
    CALIFORNIA
    Posts
    9,507
    Local Date
    12-13-2019
    Local Time
    01:23 PM

    My Case For Retiring Early 50's/60's

    I am coming up on my 81st birthday within in a week and have been reflecting on my life since retiring at age 56. I took up Scuba Diving and got certified for up to 100ft. I have done deep water dives in Fiji, Tonga, Cook Islands, Tahiti, New Zealand & Australia and all over the Caribbean. I played golf and Racquet Ball on a regular basis as well as Water Volleyball & did a Bungy Jump from 200 ft. 0n my 65th birthday. I have taken seven cruises and traveled extensively. What's my point? I gave up golf this year because of stiffening knees and hands which made it impossible to play as well as I did just five years ago. I had to give up Scuba Diving at 70. Had I waited until age 70 to retire just because I would receive a few more dollars I would have missed out on one hell of a lot of fun and excitement. My physical activities now are limited to Petanque, Water Volley Ball, swimming, walking. I may take another cruise this year or a Trans Canada Train Trip (something I always wanted to do) I will not be going back to New Zealand any more as I had done yearly for 25 years, that 13 hour plane trip out of Los Angeles is tough on the body. Life is good folks, but don't delay, the years go by very quickly and you don't want to be a member of the "WISH I HADDA CLUB"

  2. #2
    Senior Member AnneBoleyn's Avatar
    Join Date
    Dec 2011
    Location
    Brooklyn NY
    Posts
    6,583
    Local Date
    12-12-2019
    Local Time
    07:23 PM

    Re: My Case For Retiring Early 50's/60's

    My dad would have been in agreement with all you have said lon. After almost a lifetime of working he retired at 62 and really knew how to enjoy life. Unfortunately, he died at 65. He must have had a premonition, as when he retired early he told my mom if he waited he would end up dying behind his desk.

    He not only knew how to enjoy life, but also to spread that joy with his family. He was so much fun to be with.

  3. #3
    Premium Member
    Join Date
    Nov 2009
    Location
    Northeast
    Posts
    9,971
    Local Date
    12-12-2019
    Local Time
    07:23 PM

    Re: My Case For Retiring Early 50's/60's

    I took a number of years off (more or less) and decided to get back into the full swing of my business a couple of years ago. I find as much enjoyment in my work as I imagine you have in retirement. There's nothing more that I wish to do at this point of my life (59 years of age). My living is honest and I get to work hard almost every day. It's not for the money either, but the money factor is a gauge of satisfaction in that it reflects how busy I've been. Social situations for the sake of socializing is not where I find satisfaction. I find socializing much more easily enjoyable as well as comfortable when I've got a purpose for being wherever it is I am. My brain rewards me handsomely when I'm in survival mode and my work causes me to feel like I am indeed surviving.

    It's a very interesting phenomenon that I've found that many men in the the line of work that I'm in absolutely love what they do. At least that's what they say on the associated forums I belong to.
    “Those who can make you believe absurdities can make you commit atrocities,”
    Voltaire

    I have only one thing to do and that's
    Be the wave that I am and then
    Sink back into the ocean

    Fiona Apple

  4. #4
    Premium Member Snowfire's Avatar
    Join Date
    Mar 2009
    Location
    Darn Sarf. Hingland
    Posts
    4,811
    Local Date
    12-13-2019
    Local Time
    01:23 AM

    Re: My Case For Retiring Early 50's/60's

    I had planned to retire by the time I was 60, maybe even earlier. I'm 59 this month and I am nowhere near able to. Partly because I remortgaged 10 years ago in order for us to move but mostly because my 4 small private pensions are worth a fraction of their initial intended worth. They have become incredibly devalued over the years and I have to wait an extra year for my state pension, 66. My wife has to wait an extra 6 years and will receive her state pension when she is 66 also.

    For those in the US, the state pension isn't a benefit such as that for an unemployed person but something we pay into all our working lives in the form of National Insurance contributions

    My body is telling me that I ought to retire but my pockets are telling me that I can't. I'll be mortgage free in 3 years which will help a great deal
    "He has all the virtues I dislike and none of the vices I admire."
    Winston Churchill

  5. #5
    Premium Member tude dog's Avatar
    Join Date
    Oct 2007
    Location
    North Central Kansas
    Posts
    4,045
    Local Date
    12-12-2019
    Local Time
    06:23 PM

    Re: My Case For Retiring Early 50's/60's

    My dad never retired, he was bought out.

    That guy, my dad was in upper management of Sears Roebuck and Co and would not settle down.

    He tried at the Reality business and got screwed so he go part time job with Lowes Hardware

    Imagine a man who once was a manager now working his way up in an all new enviorment. He loved it. Sears is a retail business and my Dad knew it well and he knew how to talk to people.

    I suspect his greatest accomplishment was working at a golf course as a starter. Ya know, the guy who you first meet, gives you the ticket and advice.

    Did I mention Dad a lifetime Golfer, and taugh me the sport?

    Anyway at work he slipped, broke a hip which ended work for him.

    Long story short, I admire his ethic.

    That is why I still work today and will till I drop.

    I must admit, like my Dad, I don't work "full time".

  6. #6
    I think, therefore I post chonsigirl's Avatar
    Join Date
    Mar 2005
    Location
    Nirvana
    Posts
    33,616
    Local Date
    12-12-2019
    Local Time
    07:23 PM

    Re: My Case For Retiring Early 50's/60's

    I go in this summer to see if I can retire after one more school year, I think I can. I say retire early, and being a caregiver too has taken its toll on me over the years. Wish me luck that my years will be in, and I will have one full school year left.

    Money wise, well, one house is paid off, 5 years left on the other. I can always work part time if needed.

    Hmm, physical abilities do go downhill with age. (that stinks, you never believe it when you're young) But I still do kung fu, and am going to a tournament this summer in martial arts. Life is good.

  7. #7
    Senior Member AnneBoleyn's Avatar
    Join Date
    Dec 2011
    Location
    Brooklyn NY
    Posts
    6,583
    Local Date
    12-12-2019
    Local Time
    07:23 PM

    Re: My Case For Retiring Early 50's/60's

    Chons, where on the East Coast of the USA is Nirvana? I'm in Brooklyn, same time zone & it sure ain't here!

  8. #8
    I think, therefore I post chonsigirl's Avatar
    Join Date
    Mar 2005
    Location
    Nirvana
    Posts
    33,616
    Local Date
    12-12-2019
    Local Time
    07:23 PM

    Re: My Case For Retiring Early 50's/60's

    Nirvana is definitely summer time. The beach makes it nice too.

  9. #9
    Premium Member Snowfire's Avatar
    Join Date
    Mar 2009
    Location
    Darn Sarf. Hingland
    Posts
    4,811
    Local Date
    12-13-2019
    Local Time
    01:23 AM

    Re: My Case For Retiring Early 50's/60's

    Chonsi ! Where have you been ? It's such a pleasure to see you posting again. I hope you are well.
    "He has all the virtues I dislike and none of the vices I admire."
    Winston Churchill

  10. #10
    Senior Member FourPart's Avatar
    Join Date
    Jun 2014
    Location
    Southampton
    Posts
    6,272
    Local Date
    12-13-2019
    Local Time
    12:23 AM

    Re: My Case For Retiring Early 50's/60's

    Register to remove this ad.
    Working for the National Careers Service I naturally come across a wide range of age groups. It's not uncommon for people in their 70s to come to us for help in furthering their careers, and we even had a classic one with a Gent, aged 85, who was looking for a Career Change.

    In this day & age of increasing life expectancy, to retire at what used to be considered a reasonable retirement age is now more likely to leave you with more years in retirement than you've spent in your working life. I'm due to be eligible for State Pension when I reach the age of 66, which will be after 50 years of working age (although I have not actually been in work anywhere near that number of years). Even now it's not uncommon (and continually becoming less uncommon) for people to exceed centenarianism (if that's a word), and I imagine that by the time I get there it's more likely to be the norm. To take an early retirement now (mid 50s), that would mean a working age of about 40 years, with an expected 50+ years to go.

+ Reply to Thread
Page 1 of 2 1 2 LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts