Haha.

My wife sometimes looks at me lovingly and says, ...till Death!

I reply. Who’s death?

That would make me very, very nervous.

Yep. I guess I just made an assumption that the naysayers were colleagues and friends.

Absolutely make this a decision that fits your family comfortably.

(And regarding your wife, see the thread about the hip replacement, July 30 is my 1 year anniversary and like I said in that thread, I wish I'd 'a done it years ago.)

Haha, people with much less than you who have to work til they drop, telling someone who has put himself in a position to retire in his early 50s that he needs to “achieve something.”

I retired last year at just over 50, it has been better than expected. Simply loving life, every minute.

I never get the comment or stigma that I should achieve something. I guess the people around me have more common sense than that, haha.

What do I do every day? I go for a nice walk and think for an hour. I actively manage my investments, which includes income real estate (I could hire a management company but don’t want to). I spend a fair amount of time helping others, which I love. House projects. Some traveling. Watch movies. Learn a language. I’m never bored and there’s actually not enough time to do all the things I want to.

Things I don’t do much any more: watch the news. Almost never. Argue with anyone. No need to. Get dressed up. Never liked that. Work on cars. For some reason my interest in that, which I’ve had since I was 12, has left me.

Retire at 55 and live to 80; work till you’re 65 and die at 67.
 

Interestingly,


A friend just sent me this today.


https://www.biznews.com/thought-leaders/2013/09/10/retire-at-55-and-live-to-80-work-till-youre-65-and-die-at-67-startling-new-data-shows-how-work-pounds-older-bodies



Take it for what it's worth...

Do what ever the fcuk you want, don't worry about what others think, or do you recall them pitching $ into your retirement nest egg?

You’re talking to the wrong folks. If you have things to do that make you happy (hobbies, projects, travel, exercise) retirement will great! No other job can touch it. You’ll also find that you’re busy as hell, but loving it. Retire where you can enjoy your life, not necessarily the cheapest place to live. If that means you need to hold off retirement a bit to add to your nest egg, well, that’s a decision you need to work through. That’s my 2 pesos. Best wishes on your plans!

I retired a bit before 50. No regrets. Now 75, and as the time left gets shorter, I'm very grateful I had those years.

But that's just me...some folks are quite content and perhaps happy to work until the grim reaper calls.

Life isn't a dress rehearsal, you only get one. Spend it as you like.

Interesting thread. I don't think I'll ever "retire," but I've always sought to work on my own terms at things that are interesting. I've lost too many friends and family of late (cancer, motorcycles), which reinforces my desire not to waste life worrying too much about numbers on a financial statement.

In the final analysis, you can always get more money. But time is irreplaceable.

You can casually ride your bicycle and stop along the way as many times as you need to walk into stores or simply smell the flowers.. Then you should be able to remember things from your youth that may be of interest or inspire you.

There it is.

However, be willing to adjust your "happiness profile" as you settle in to your well earned retirement.

We hire a number of retired folks as "1099's" who moved to North Carolina with the expectation of never working again. They enjoy our projects and only work on stuff they want too, at hours they specify. Their talent and experience makes it very much worth our being completely flexible with them. We even "time share" folks of the same career backgrounds if they can't individually commit to the required labor hours.

Some folks work 10 hours a week and then take a month off to travel. Some start at five hours a week and want to flex to 30 or so in critical junctures. Others stay at five.

We remote folks in as well via GoToMeeting when possible to make it even easier.

Talent is hard to find and we keep our rates very competitive in our marketplace. This is the best thing we ever did in terms of getting the right people in place, happy and satisfied.

Again, congratulations on your retirement...it is now about you and your families desires.

The "what are you going to do" mentality cracks me up when early retirement is brought up.. I say go for it and enjoy your time doing what you want to do!

While the study has it flaws, the underlying message that there is more to life than working is very important.

If going to work is a chore, it is time for a change.

For me, I could have retired earlier. Why did I wait?

Several reasons (not all good):
1) I actually enjoy my job and, until recently, it has been big fun to go to work;
2) I wanted to be eligible for Medicare as private insure is expensive;
3) My son has a disability, and my company insurance is much easier to deal with than the disability folks;
4) My daughter, who just turned 26 has been on my insurance until the end of this month.

If you can do it, do it. enjoy your self and do good things.

Isn’t she a nurse? You’re effed man....

You've received all of the advice and encouragement you need here. You have a great plan, stick to it. If I knew I had some money coming in 5-8 years from now I'd be done today. I'm 56 and may be done without that other than desperately needing health insurance with Type 1 diabetes to deal with daily. Life is short. One of my good friends, the healthiest and strongest MF I've known was diagnosed with a rare form of lymphoma at 60 in 2014. He lead our cycling group, was fit as hell, drove a race car with skill and lived a life pursuing his passions. He was dead in 6 months, hopefully with no regrets other than leaving his wife behind. His deathbed advice was that there are no bucket lists. Good luck!

Having fulfilled yer lifelong dream of being a banker....what else is left :)?

No one knows but you....everyone is different.

Planned to make it to 50 at the corporate thingy....didn't work out...

11 years ago ;)

No regrets....

Retired in my mid 50's. I'm busier and happier now than when working. Build what I want, when I want to. Cycle, garden, ride my horse, fix my cars, cook, bake bread whatever.

My sig other, otoh, imploded 6 months after retirement at 59 and left to "find herself". Ok, whatever, diff strokes.

Some folks need to feel they are contributing to something larger for self worth, others don't. I'm not judgemental either way, although its certainly easier to call the later "selfish".

Do figure out the health thing. I was fortunate enough to have continuing coverage ( a long story, but the short version is that I was disabled for a bit and SSA wants you off so badly that they give you medicare for life as an incentive which I gladly took) but without it I'd think long and hard.

My plan for early retirement (~60) includes using my wife's health insurance until I turn 65. My fear is if I retire early, she will want to retire too, even though she's 5 years younger than me. We're recently married, and while I saved and planned for retirement, she has not, and while I'm fairly certain I have enough for ME to retire, I'm not sure I have enough for US to retire, and I'm hoping she'll keep working at least another 10 years so she get her full state pension ( she works for the county).
Of course if either of us gets sick or spends any time in the hospital it will all be gone anyway, right?

Twobone,

First, congratulations on getting your financials squared-away enough to retire, early, or at all. I read into your “dilemma” that you are experiencing other’s perception of you retiring “early”.

Not to make this about my situation, but to give my background in order to let you know that my comments come from personal experience... I will retire in about 1.5 years after a 35 year military career, at 52 years old. I have declined further promotion in order to retire on my terms, on my timeline. In the military, age 40 is old, so 52 makes me ancient, but on the “outside”, 52 is young to retire, and I am encountering the same kinds of comments and questions that you are from some of my non-military friends.

I think that some of the questions and comments that you are receiving come from people who gauge their milestones in life differently. Some cannot retire due to finances, some are driven to work for personal goals reasons; maybe striving for higher company positioning, more money opportunities...simply status of some sort.

I have found that most middle-age people have never really reflected on what “quality” means in their lives. When people do, they determine that one’s quality is, and should be different than another’s quality, and that’s OK. When you receive push-back comments about your retiring early, it’s from those who are trying to apply their perception of quality on you, or from those who have not defined quality for themselves, and cannot fathom retiring early.

When you retire, I think that you will find the freedom found to think, ponder, be active in new and old interests will open you up to more growth than you’ve ever experienced, and you will determine that no answers to naysayers will satisfy, so it just does not matter what they think.

Have fun!