Pulling the plug!

[1975porsche]

December 11 I am pulling the plug 32 years of working and I've had enough, time for retirement . This gives me more time to work on the Porsches and spend time with the wife ,can't believe it's finally here 😀

[stomachmonkey]

Stay busy.

Enjoy life.

I'm 6 years behind you and looking forward to it.

[bickyd]

Well .. congratulations. I hope to get there one day myself. Another 10 or so to go. enjoy.

[ted]

Congrats on retirement.
After 30 years retired 8 years ago, had been planning for it from my early 20s.
I just wish all my friends could do the same...

[Craig T]

Congratulations! I can't wait. I'm winding down now, but probably 3 years before I pull the plug completely.

Smart advice from previous reply…Stay busy!

[onewhippedpuppy]

Congrats! While I'm at least 20 years away, I'm already planning and saving for it.

[porsche4life]

Originally Posted by onewhippedpuppy

Congrats! While I'm at least 20 years away, I'm already planning and saving for it.

I'm a long ways off too, but we are planning some too. Looking at once the boys are out of the house selling off the big house and getting to where we can live on <1k per month total so we can work less, play more. Who needs a big house when you can go play outside?

[Tobra]

Good for you, travel and do all the stuff you have looked forward to now, while you are still young enough to enjoy it

[GH85Carrera]

Originally Posted by porsche4life

I'm a long ways off too, but we are planning some too. Looking at once the boys are out of the house selling off the big house and getting to where we can live on <1k per month total so we can work less, play more. Who needs a big house when you can go play outside?

A friend of mine did that. He and his wife moved to a cabin in the woods. They loved it for about a year. Then they missed going out to eat without a two hour drive,and grocery stores and friends.

Everyone is different. I just can't imagine a life without my three car garage and the ability to flog my 911 around our fantastic autocross site once per month.

To the OP, congrats on retirement. My wife retired this summer. She is loving it. I just want to beat my last boss's retirement. In his words, he took "early retirement" at age 92. He was active physically and mentally tack sharp until he dropped dead from a heart attack at age 98 at home.

[porsche4life]

Glen there will be a shop at the cabin in the woods no worries. Also planning to RV a bit. We both like to travel and see the sights. Can have a tiny house and decent RV for less than HALF of what our house is worth....

[strupgolf]

I beat ya to it, been mostly retired (part time on my terms), for almost 2 years now. I'm having a great time with lots to do. I do hope all get the chance. Many people are too busy making a living, they forget to make a life. Don't wait too long.

[ted]

Originally Posted by GH85Carrera

In his words, he took "early retirement" at age 92. He was active physically and mentally tack sharp until he dropped dead from a heart attack at age 98 at home.

Not living a full life of retirement is a rip off.
To finally reach retirement and then pass away within a few years is sad.
If you can retire sooner do it, while you are still healthy and active.

[Evans, Marv]

Congratulations to you & your wife. Retired a little more than 10 years now. Things worked out really well, except I can't turn back the clock physically, which I think is one thing lots of people don't seriously consider. A couple of points I'd like to express. Take seriously what style of life and activities you want to continue and enjoy. Realize these may change with time and try to make concessions for that. Do the best job you can calculating your income and outflow. Make the best provisions you can for health care and possibility of catastrophic illness. Address all the long term considerations as best you can, because you may not be able to as well at a much later date. Line up all the things you & your wife (together and separately) enjoy and want to do and prioritize into what you want to involve yourselves in early on and later on. Be on the lookout for new and different interests and activities and be eager to explore them. As Glen said, be careful of making decisions that might seem attractive but call for changes that might not work out in the long run. Of course there are an infinite number of other things, but I'm sure you've thought out all of these and more. Retirement is a change in life direction rather than "retiring" from life. Hit it hard and keep hitting it as hard as you can for as long as you can.

[aigel]

Cold turkey?

The closer I get to it, the less I think cold turkey is a good idea. I plan on starting to wean myself slowly once I reach 50 - but it depends on whats in the hopper in terms of opportunities, family plans such as college, health etc.

G

[wdfifteen]

Congratulations! Have fun!!

[Jim Richards]

Congrats! I'm a few months behind you and can't wait!

[Seahawk]

Well stated, Marv. I couldn't agree more.

To the OP, congrats. As for spending more time with the wife - does she know?

Originally Posted by Evans, Marv

Congratulations to you & your wife. Retired a little more than 10 years now. Things worked out really well, except I can't turn back the clock physically, which I think is one thing lots of people don't seriously consider. A couple of points I'd like to express. Take seriously what style of life and activities you want to continue and enjoy. Realize these may change with time and try to make concessions for that. Do the best job you can calculating your income and outflow. Make the best provisions you can for health care and possibility of catastrophic illness. Address all the long term considerations as best you can, because you may not be able to as well at a much later date. Line up all the things you & your wife (together and separately) enjoy and want to do and prioritize into what you want to involve yourselves in early on and later on. Be on the lookout for new and different interests and activities and be eager to explore them. As Glen said, be careful of making decisions that might seem attractive but call for changes that might not work out in the long run. Of course there are an infinite number of other things, but I'm sure you've thought out all of these and more. Retirement is a change in life direction rather than "retiring" from life. Hit it hard and keep hitting it as hard as you can for as long as you can.

[URY914]

Don't move to Florida.

[reachme]

I'm winding down now
Only 25 more years

[ckelly78z]

At 50.5, i'm 9.5 years from my early retirement (god willing) and hope my investments keep growing, and my health gets better. Good luck with your "Golden Yeras" and enjoy every minute of it with no regrets.