Can't wait......going to retire now !
- Thread starter IKE
- Start date
Ike, I can see you are approaching this methodically and thoughtfully but I'm happy to see the joy of anticipation increasing as well. I retired at almost 63 and I'll never regret not waiting longer. Those who advise waiting longer are thinking only in financial terms. Of course, $ is important but so is your mental health. Who wants to stay in a job you don't enjoy if you can afford to leave? So good for you, Ike! 
epper:
epper:
IKE
Well-known Member
- Location
- Oklahoma....U.S.A.
Today is my first day of retirement......I clocked out for the last time yesterday afternoon from the job I've held for 30 years and 8 months.
AZ Jim
R.I.P. With Us In Spirit Only
- Location
- SURPRISE, ARIZONA
Alright Ike....Good for you pard....
Kathy G in MI
New Member
DH was 60 and me 58. No regrets, we took SS at 62 and in 2020 our house will be paid for and we will be rich (kinda).
jimthesailor
New Member
Want to go
I hear you I'm in the same boat. Financial planners run your numbers using a software program that assumes you want to leave an estate. I've told them numerous times that we have no children so the last person standing between myself and my wife writes the last check and the balance goes to 0. Big difference.
My numbers say I can go and I've been conservative in my assumptions on market returns and spending patterns. I think most advisors realize there is going to be a big drain on the money they manage as boomers start to withdraw. I'm 62 1/2 and my wife just turned 50. I believe I can generate an income stream till I'm around 104 so that ought to take care of her. I still can't pull the trigger. I think it's a mental thing.
I've been in the same field for almost 40 years and am well respected. I used to get up in the morning and think about challenges that I would face but now I just "go to work". I've read all the books that say you need to do something to fill the time and I already volunteer for a good cause and get paid a slight salary to do it. I also am a photography buff and like to hike etc. in the outdoors.
When I have conversations with my wife she says she can't even invision retirement as she is 50. I think I'm getting closer to feeling it's the right time and although I relatively young I feel that I'm trading $$ for hours of life on this planet. I assume this is similar to the feelings you've experienced.
I hear you I'm in the same boat. Financial planners run your numbers using a software program that assumes you want to leave an estate. I've told them numerous times that we have no children so the last person standing between myself and my wife writes the last check and the balance goes to 0. Big difference.
My numbers say I can go and I've been conservative in my assumptions on market returns and spending patterns. I think most advisors realize there is going to be a big drain on the money they manage as boomers start to withdraw. I'm 62 1/2 and my wife just turned 50. I believe I can generate an income stream till I'm around 104 so that ought to take care of her. I still can't pull the trigger. I think it's a mental thing.
I've been in the same field for almost 40 years and am well respected. I used to get up in the morning and think about challenges that I would face but now I just "go to work". I've read all the books that say you need to do something to fill the time and I already volunteer for a good cause and get paid a slight salary to do it. I also am a photography buff and like to hike etc. in the outdoors.
When I have conversations with my wife she says she can't even invision retirement as she is 50. I think I'm getting closer to feeling it's the right time and although I relatively young I feel that I'm trading $$ for hours of life on this planet. I assume this is similar to the feelings you've experienced.
Busy Bee
New Member
- Location
- Eastern Ontario
Good for you. My first husband died at 60 with his retirement papers on the table.