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Shaun @ Tru6's Avatar
 
Join Date: Dec 2001
Location: Cambridge, MA
Posts: 44,278
I will never retire. I love the work I do now, always have in everything I've done (chef, gov't cost accountant, Modern Dad magazine, F500 custom application developer, FirstTime Dad magazine, marketing/qualified lead gen & nurturing with media buy optimization, girls & boys clothing lines and now restoring vintage Porsche and Ferrari parts) and all the projects/new companies I want to start are more than I will ever be able to do even though I hope to live to 150 based on some future miracle drug development and some good genetics. 2025 will be an interesting year to see if I can start on at least one and finish my screenplay.

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Old 08-20-2024, 09:55 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #21 (permalink)
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Join Date: Jul 2004
Location: Maryland
Posts: 31,419
Quote:
Originally Posted by Paul T View Post
I think it's a very personal decision and what works for one person may not for another. The most important thing I think when retiring early is to stay somewhat active (physically and mentally)...
All true...as I have written before, we get a lot of calls from retired folks with incredible backgrounds in their respective fields. Most want to 1099 10 to 15 hours a week when we have work they are interested in.

The old hands have been uniformly great and love working with our younger folks...

There are groups in many areas that have a bullpen of folks that band together and split up overhead, take care of taxes, contract issues (NDA's, 1099 agreements, Non-competes, etc.) and other associated admin gradu that most 1099's flail at.

We have some interesting work in FY25 that I will get up and running then probably retire to SC and join a group of 25 folks in SC that are looking for someone to take care of overhead, taxes, contracts, etc.

Again, 10 - 15 hours a week, remote, and access to other work I like to do on a 1099 basis if I want to.
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Old 08-20-2024, 10:04 AM
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Join Date: Apr 2001
Location: Linn County, Oregon
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Everybody's different...to some, the job is everything. Once retired, they actually suffer. Others use money to keep score, others love to acquire things. Others are wanting to explore physically as well as mentally.

Another "to each his own" thing, really...
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
Old 08-20-2024, 10:17 AM
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Location: Los Angeles
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Yeah, you lazy sac of S#$%. Get a job.

Like many said here, very personal. I really the key here is knowing what you want, if retirement is it, get after it. In a few more years, I will hit the big 60 and have been thinking about retirement but my employees will suffer because of it, so it keeps going. Business is great, a bit stressful at times, but for the most part, I make my own hours and more importantly, stay out of rush hour traffic. My plan is to gift my business to one of my guys and hope to see him maintain or grow it. I could have retired few years back and gave it a try for couple months. I was going nuts after the first month. If I do this in a couple years, I should have plenty to keep me busy and was even of getting out and start road bike racing. I want to beat up on the old men
Old 08-20-2024, 10:44 AM
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I retired in 2021 at 68 but work part time ( when i want) still.
Was enjoying retirement right up till last week when i was told chances are i wont make it to 71....oh well.
Not lazy to retire at 58. Enjoy life while you can.
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79 911SC RoW
"Tornadoes come out of frikkin nowhere. One minute everything is all sunshine and puppies the next thing you know you've got flying cows".- Stomachmonkey
Old 08-20-2024, 11:03 AM
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Location: Cave Creek, AZ USA
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I don't want to retire. I work for myself, answer to no one and enjoy the work. I hit my goal for the week yesterday by 10:30am. So I can take it easy with a clear conscience. But I finished yesterday's paperwork a few hours ago and am already getting restless. The day will come when I don't have the health to run 10 appointments in one day in 110 deg heat. But I'm going to do it for as long as I can, maybe just work when the weather is nice when I get old.
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Old 08-20-2024, 11:03 AM
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I retired at 55 with zero regrets.

I feel lazy all the time and it bothers me as I have a bunch of house and car projects that “need” to be done.

I tell people that I’m physically very active with running/gym 5 days a week, biking a 100 plus miles a week and walking the dog 5 miles a day. So my project laziness is in part because I just need to rest from the exercise.

I think that to have a good chance at a long healthy retirement, besides not getting run over by a bus is to get regular exercise, have hobbies or activities and social time.

I have the Porsche, a wood shop, model kits, vintage video games to fill my time.

For my social outlet, I go swing dancing every Thursday night and have the privilege to get to dance and talk with lots of pretty young ladies- they have zero romantic interest in me or at least I don’t think so, but they seem to like interacting with me, which is a great feeling.
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Old 08-20-2024, 11:08 AM
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Join Date: Mar 2003
Location: NW Lower Michigan
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Quote:
Originally Posted by Hugh R View Post
I retired 6-1/2 years ago (70 now). I split my time between my place in CA, my place in FL and traveling in my RV. Going to Finland and Iceland soon. I forget why I ever bothered to work!
I think you’re gonna get wet.
Old 08-20-2024, 11:11 AM
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Join Date: Apr 2013
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I retired at 67 only because I had to. Rotator cuff surgery on both shoulders took me down. I’m 72 now and keep plenty busy. Working my 5 acres and keeping cars and tractor running are full time jobs.
Old 08-20-2024, 11:55 AM
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Join Date: Jun 2014
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I’m 77…guess I’m at the end of the line (according to your statistics). Retired 12 years ago at 65. Golfing, fishing, volunteering, yard work, maintaining my cars, etc keeps me plenty busy. Just last Friday afternoon, it was a beautiful warm day and sitting on the boat fishing in a local tidal creek, I said to my buddy, “Rick, right now someone somewhere is on the phone with somebody yelling at them that ‘this’ has to be done before you go home!” Don’t miss work and LOVE being retired.
Old 08-20-2024, 11:59 AM
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Quote:
Originally Posted by pete3799 View Post
I retired in 2021 at 68 but work part time ( when i want) still.
Was enjoying retirement right up till last week when i was told chances are i wont make it to 71....oh well.
Not lazy to retire at 58. Enjoy life while you can.
Damn, sorry to read that...bad medical news, obviously. It was a near death experience at age 45 on an operating table that forced me to change my thinking...thus managed to retire before 50. Now 80, no regrets over giving up making more money at the expense of time..
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)

Last edited by pwd72s; 08-20-2024 at 02:18 PM..
Old 08-20-2024, 12:02 PM
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Old 08-20-2024, 12:04 PM
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I almost made it to fitty .... no regerts

As lazee as I wanna be too
Old 08-20-2024, 12:29 PM
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Join Date: May 2006
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How the Frigg did I ever have time to "work"?

50 hours a week plus an hour commute each way?


I'm Retired.
Single.
60's
No Kids.
Everything is paid off house included.

My present goal in life is to spend every dime before I die.


I figure 20-25 years left at 365 per is only 7000-10,000 days left on this earth.


bring on the toys.

As Higgin's taught me.


"Retched Excess is a good place to start"
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Old 08-20-2024, 01:17 PM
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[QUOTE=Rusty Heap;12306075]
My present goal in life is to spend every dime before I die.



Same here....a great goal to strive for.
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Old 08-20-2024, 01:23 PM
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If you are able to retire then do so and enjoy what's left (look after yourself and do what you can to stay healthy).

- No one knows how long they've got.
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Old 08-20-2024, 01:57 PM
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Join Date: Feb 2002
Location: Montana
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I retired from the Army after 31 years at the age of 55 (62 now), I have not worked a job since. but I sure keep busy, doing what I dont know but I'm busy all day. My dad worked until about a month before he passed, I did not want to be like that.
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Old 08-20-2024, 02:07 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #37 (permalink)
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Location: Central TX west of Houston
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I need to win one of those billion dollar power balls (hopefully, someone will give me a winning ticket, because I don't buy lottery tickets).

If I won enough money, I'd retire today. I'd be a busy mofo.

Since that's unlikely, and as a retired person today at my age, I'm pretty sure that I'd go through money like crazy, I'll probably just keep working. I do enjoy aspects of work. But it is work. If they didn't pay me, I wouldn't do it.
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Steve
'08 Boxster RS60 Spyder #0099/1960
- never named a car before, but this is Charlotte.
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Old 08-20-2024, 03:08 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #38 (permalink)
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Quote:
If I won enough money, I'd retire today. I'd be a busy mofo.
Same here. I'd travel the world until it wasn't enjoyable anymore.

Then I'd keep myself busy at home... And of course grand children.
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Old 08-20-2024, 03:13 PM
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I guess I'm what you would call retired.

I bought a bunch of properties in my younger days then retired at 45. I do property stuff still but it's only an hour or two a week. Cool thing my income is more than twice what it was as a computer tech.

Old 08-20-2024, 03:31 PM
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