Countdown to Retirement

[alina6]

If I retire when I am 65 I still have 192 months until retirement. Anyone have any good ideas on how to retire early?

[oldbuddy]

I retired at 62 and that was over 14 years ago. You just need to have enough cash flow to keep going.

[michele2042]

After working for 43 years, 20 at my last job, I became unemployed.   It was unexpected and a shock.  I'm 61, soon to be 62 and although I have searched high and low for a new job it appears it will not happen.  Although it's illegal I can't help but think my age has something to do with not getting hired.   There really isn't any other reason.  I have a lot of experience and great references both professional and personal.   Been very depressing.   So through no desire, I basically am considering myself retired.   Even though I didn't want to I plan on starting my SS benefits at 62, better than no income.   Just needing to pull myself out of the depression and keep plugging away at sites like Fusion Cash and other sites to help me along.

[Forp]

Who really wants to be a mushroom?

[ktheodos]

Is retiring early really desired??

[oldbuddy]

After working for 43 years, 20 at my last job, I became unemployed.   It was unexpected and a shock.  I'm 61, soon to be 62 and although I have searched high and low for a new job it appears it will not happen.  Although it's illegal I can't help but think my age has something to do with not getting hired.   There really isn't any other reason.  I have a lot of experience and great references both professional and personal.   Been very depressing.   So through no desire, I basically am considering myself retired.   Even though I didn't want to I plan on starting my SS benefits at 62, better than no income.   Just needing to pull myself out of the depression and keep plugging away at sites like Fusion Cash and other sites to help me along.

Sorry to hear that, but it may be a blessing in disguise. Keep your eyes open and your guard up and you may find just what you need online to boost your SSI a few hundred a month and enjoy the time you have for anything you want to do. I like to tell people I have nowhere to go and all day to get there, which is true most days.

[oldbuddy]

Is retiring early really desired??

It sure was for me. I owned my own company and did all the selling, so I traveled 50,000 a year or more and spent many nights away from home and my family. Now I enjoy a 6 second commute from bed to computer, don't need to even get dressed, take time off whenever I feel like it and have no one to answer to but myself. I don't miss my old job one bit.

[sharonpatri55]

I'd be willing to bet that 90% of those retired do not miss their jobs one bit. I turn 60 this year and plan to retire at 62; I will be joining that flock. 

[bigfoot951]

Unfortunately it seems you don't have enough retirement type income that would still be coming in when you retire.  You can start now building residual income in your part time.  I am 30, and I am doing that with the ability to turn it into real quality full time income and it is still residual income.  Things keep going the way they are for me I could retire around the age of 40.

[6265AT99]

My advice - take your time cause "retirement" is not all it's cut out to be.  I have been retired now for three years and sometimes it's just plain "boring" so I have in these three years gone back to work "part-time" just to have something better to do with my time.  It's all fine and dandy at the start, but believe me you will get bored!!!  Good luck with your decision.

[kimber62372]

Is retiring early really desired??

It sure was for me. I owned my own company and did all the selling, so I traveled 50,000 a year or more and spent many nights away from home and my family. Now I enjoy a 6 second commute from bed to computer, don't need to even get dressed, take time off whenever I feel like it and have no one to answer to but myself. I don't miss my old job one bit.

Oldbuddy, you are truly an inspiration to all! I will have 25 yrs at my job in 5 years, 11 months, 6 days, 3 hours, 48 minutes & 10 seconds! LOL! Can you tell I am counting the days? lol...and I will be only 48 when I leave because I am tired of the commute. 4 hours driving a day makes a person age! But Oldbuddy is right, It is probably a blessing in disguise. Think positively and now is the time to spend with family. I can't wait to go on family vacations. It's hard to do now because of taking time off and being tired and not wanting to go any where. I am still young and should not feel this way and it's no way to live the rest of my life! Good luck to you and many blessings to you!

[Tresbn00]

I am about one hundred and seventy two months from legal retirement age but anticipate working two jobs till the day that I die. I have a daughter headed to college and a son that goes to private school right now (for another thirty months) and will be going to college after that which leaves me with seventy eight months of paying for room, board and tuition. In addition I need to pay off my wife and son's cars which have about fifty two months worth of payments left. I anticipate my daughter getting married after post graduate school which should be another twenty to thirty thousand dollars.  I owe, I owe, It is off to work I go!

[hawkeye3210]

Is retiring early really desired??

Was that a serious question? Of course it is desired to retire or at least have the ability to retire early.

[linderlizzie]

I retired early.  It may have been a mistake, but I make just about the same amount now while working part-time with my pension and Social Security than I did when working full-time. And I like my part-time job better than I did my full-time job.

[dancer139]

my hubby retired at 62,,,  he has a part time job,,,  25 hours a week  or less sometimes.  It was the best thing he did.  He would have had to wait till he was 70 to collect his full retirement pay,,,  crazy.    we lost about 500 bucks.  not worth the wait in my book.  We do just fine with it