Freedom 107?
It's the new 65.
My goal is to get a place to winter. I'm leaning toward Panama
How long can you flap your arms for?
Takes a lot of commitment to work at one place for 30 years.I'm 55 and could retire now. 30 years in company. I should go to 60 but not sure if I can. Its not the physical side. Just feeling mentally drained. Did anyone hit the wall in their mid 50's?
Worked for them in 7 different cities. I've been loyal to them and they've been good to me.Takes a lot of commitment to work at one place for 30 years.
Im curious about what age you were when you retired or how old you will be when you do retire.
I'm 55 and could retire now. 30 years in company. I should go to 60 but not sure if I can. Its not the physical side. Just feeling mentally drained. Did anyone hit the wall in their mid 50's?
Worked for them in 7 different cities. I've been loyal to them and they've been good to me.
Were you with the same company the whole time?55 years 10 months, that was 18 years ago and I've never looked back. Highly recommend it. The trick is to start saving early, I started saving for retirement at age 20. Time is the main factor in accumulating wealth and if you can save at the source, you don't miss the money.
I did, 35 years is plenty, especially as management continued to deteriorate. Three years after I retired the rest of the crew got laid off or transferred out or forced on early retirement. Better to leave on one's own volition! (Consultants who generally knew f**k all were getting all the work)
I couldn't have wished for better treatment when I retired. I got to choose from close to 50 different packages.
Were you with the same company the whole time?
I will retire into a pine box, hopefully.
and the mortgage on yer pine trailer home will still be unpaid
its called debt slavery
Me, 55 was the magic year, the heart docs told me to slow down, everything is paid for, so lose the worries and stress - though I still do all kinds of fun hobby work to stay busy, have fun and stay revenue neutral...and a lot of cycling to keep the ticker ticking
lol
its nice having computers all over the house too...so relaxing...
and saving early is key...like buying silver at 6 bucks an Oz and selling at forty...then buying at 14...maybe I'll sell some when it hits 600 an oz
Thanks JL, yeah, I noticed a while back all the MSM type money advisers are out of business these days because their subscribers all went broke on their adviceYou know all the right tricks.
Sure did. I retired at 56 because I'd planned for it carefully for 35 years and could afford it then, and I'd just had enough of being a manager and having to deal with other people's damnfool problems and that pettifogging backstabber in the next office. So when the mortgage was paid off, the children were established successfully, and the last cat died, I was gone. And a good thing too, in retrospect I think I was pretty close to burnout.I'm 55 and could retire now. 30 years in company. I should go to 60 but not sure if I can. Its not the physical side. Just feeling mentally drained. Did anyone hit the wall in their mid 50's?
Thanks JL, yeah, I noticed a while back all the MSM type money advisers are out of business these days because their subscribers all went broke on their advice
so conspiracy theories can actually be better sources of financial ideas...
if one is careful about due diligence and research
also i did sub contract work for some very successful VIPs and they were good about educating me
I agree saving early is key, but now they are penalizing savers with low interest and banker bailouts/currency devaluation, so one has to be a little more aggressive...
I feel sorry for the young folks of today, I don't think they will get the chance