Not clear that many people don't realize working into your 70s is not viable especially those that have physical non office jobs. I realize the current generation doesn't think social security will be around so they assume they will have to work longer than there parents which is sad in todays time!



https://money.yahoo.com/work-longer-soc ... 14671.html

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"You know 'that look' women get when they want sex? Me neither" ~Steve Martin

65 for me, but I can’t see myself doing my current job until then, as there is way too much time spent on the road. If I can hang with my company until then in some capacity, that would be great; if not, then I’ll work whatever full-time job doesn’t kill me by then. After 65, I can see doing a part-time gig for a bit.

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Not a mult.

Goal for me is 50 max.. I am lucky having learned about passive income 15 years ago and following through on making investing as part of my monthly expense has paid dividends (no pun intended) and now passive income from investments can come close to replacing real day job income.

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"You know 'that look' women get when they want sex? Me neither" ~Steve Martin

I'll probably never stop working. There's so many types of jobs it's easy to switch careers. I feel at worst I would just buy a bar and live on top of it. My retirement will consist solely of drinking in pubs anyway. Why not own one

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the world will always the world. your entire existence is defined by your response.

I’m out at 62.

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Elections have consequences.

My plan at about 44 was to retire at 55. Had to push it back by a couple of years due to expenses around my parents' health. But I retired from full time work just before the COVID bans started kicking in, March 2020, less than a year from moving from Chicago to NC. Did a year of WFH bullshit, realized how much of the markup on my rate was being wasted and how much of the work I was doing was for clients who didn't appreciate it. So I formed my own LLC and went freelance. Cut my top line rate by 40%, raised my bottom line cash by 30% per hour.

I have had a couple of clients so far, and am in indefinite quantity contracts as a sub to some national firms. but I rarely work more than ten hours a week. I'm what the sports franchises would call a "special assistant" but in a 1099 role. I do a lot of ghostwriting and design work in my very narrow industry, and only have to travel to a few professional conferences a year.

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"When people want their version of the truth, they go find it, no matter how baseless their beliefs." -- Ken Rosenthal

Have numerous co-workers that are expecting to push things back in anticipation of having to rebuild 401K's after the expected Biden era damage finally comes to an end, can only imagine what the younger "gig economy" folks will do as those type jobs dry up.

This. Maybe 60. That’s in four years. 6 years to hit 62.

A colleague passed away from cancer this past Feb. He was 61. Died with his boots on. Really made me look at my retirement. Life’s too short to be spending it working.

I have to go to 62 for some serious health benefits in old age to kick in.

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Elections have consequences.

60 and I'm out. My wife has already said she'd work a couple extra years for our health insurance. We had our son when I was 39 so we'll need her insurance since paying for a dependent out of pocket is crazy expensive. I'll plan to still work part time but nothing as strenuous as what I do now.

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Lay off that whiskey and let that cocaine be.

some guys just don't want to leave. co-worker passed a away early this year, never collected one $3k per month pension check. was 72, got over $3k a month social security, then had to pay taxes on the double-dipping.

i think clawmaster is correct, most 401ks down 10%-20% for the year; those on the cusp of retirement may stay a bit while longer now.

i've seen that the median 401ks are ridiculously low, not even $100k. the past 6 month heartburn has to have the median 401k around $55k-$60k now.

I’m going to work until I die or they fire me for being old. Nobody would ever hire me at my age now.

Gotta make every dollar to leave for my kids, one in particular.

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You know me like that.

I'm in exactly the same boat, Doc.

I'm my kid's best friend, and I may always be, though I hope not. I can't die because it would break his heart.

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We can always start a business, TM.

One guy who is always right and Tall Midget.

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You know me like that.

That's an awful position that you all are in.

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Be well

GO BEARS!!!

Smart. A man has to have have at least one finger in a pie. Look at Hector Salamanca. He had a finger on a bell. Now THAT's a mentor for the aged.

I’ve been working since I was 6.

I did better than most. No complaints.

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You know me like that.

I wouldn't expect either of you to complain.

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Be well

GO BEARS!!!

Wanted to retire at 55 but my wife and I decided to buy a bigger house in a nicer part of town in 2019 so it has been pushed back to 60 for me. There is a guy that works in a similar job to me in a different dept, that just had a massive heart attack 10 days ago. He survived but really makes you think. I'm 46 now so a lot can change in the next 15 years, just don't want to make it to retirement and then fall over dead 6 months into enjoying it. Guessing I would still do something a few days a week part time or something for a little spending money or something but who knows.

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Flew too close to the sun on wings of pastrami

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How's the house working out, Bone? Still giving you trouble with all the repairs?

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I just noticed the other day that in my niche industry, 4-5 of the most prominent people are over 75 and still plugging away with no indication of retirement.

Right now, I have to work until I get the kids out of college. Then it will be, until they get married. Then it will be, until I can help the grandkids. Before you know it, they'll be wheeling me into church feet first with the bell tolling for me.

I've written before, no person in the entire history of my family from either line has ever retired.

I went to a party this weekend and ran into a guy who worked for the government for 35 years and just retired at 57. I do say this, I'd go bonkers being fully retired by then. Even if I went to a lake house or an island, that gets old when it is your existence. I could become handy but if I'm going to make work, why don't I just work for a lot more money. I wake up the Monday after Thanksgiving or the first work day after Christmas and curse the alarm but most days I'm up when it rings anyway.

I probably could retire today and live simply. I could die and my family would be fine. That's comforting enough.

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O judgment! Thou art fled to brutish beasts,
And men have lost their reason.

I plan on not relying on paychecks to pay for stuff mid 50's very early 60's. I'll likely still work in some fashion or at least have things I do that I'm passionate about. I'm 41 now.

I think ss will get fixed sometime in the next decade. Not sure an overhaul will happen but something to increase pay in limits or the way its invested.

I'd love the option to take a percentage of what we'd be owed and dump it instead into the TSP plan. I'd be even willing to take an initial hit.

The first three years has been more than we bargained for but I believe at this point we are about done putting the "big" money into it for a while ( knock on wood ). Large tree/stump removal, installation of sump pump/waterproofing basement after a flood, new furnace, new water heater, leaky roof the first 18 months. Last spring we remodeled the entire master bathroom. This spring we finished up putting in the second half of over 20 brand new windows and installed hard wood flooring in a large portion of the main floor. Also starting to work on some painting projects we can do on our own and at our pace which has been nice. We have an older washer/dryer and air conditioner but hope those will hold out for another 5 years. Love living just a few blocks from Lake Michigan and within a mile of the main downtown in our area and are confident it will sell quickly when that day comes. Frustrating that we bought a much bigger house after becoming empty nesters last fall, but her family does come to visit quite often so it has worked out pretty well overall. I would love to figure out a way to live here from March - Thanksgiving and then rent or something somewhere warmer in the winter but don't have the kind of jobs that we can do that right now.

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Flew too close to the sun on wings of pastrami

I hope you didn't pay market value for the privilege of fully rehabbing your home.

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Be well

GO BEARS!!!

According to online sites and knowing what I know about real estate in my area, the house has appreciated quite a bit since we bought it and we would still make money on it if we sold it today even after all the work we have put into it, but we don't plan to sell for a while. We purchased the fall of 2019 so while it was at the high end of what we could afford back then, we wouldn't be able to pull the trigger on it in today's market. The house checked out well under inspection but the seller, who was a lawyer was not completely truthful in a few instances, most notably about a diseased tree that needed to be removed and a basement that completely flooded that we are confident he knew about. The furnace was not that old but died and the water heater was also only 8-10 years old but within the realm of starting to fail.

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Flew too close to the sun on wings of pastrami

working at 67 just sounds depressing. I seriously hope I can retire at 62

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Working at 67 isn't depressing. The thought of being 67 is painful.

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Be well

GO BEARS!!!

Why is that painful? Because you will have a kid in 8th grade at that age?

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They'll be in 5th grade.

I think it's knowing the end is near and that someone may have to care for me. I'm an extremely prideful person. That's going to be hard for me to deal with.

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Be well

GO BEARS!!!