Never will get to retire. Sucks! Guess I didn’t plan on living to retirement age. But when you start getting older and still alive the eyes open wider and wider!
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I'd retire from my paying job today if I were eligible and financially sound lol. I don't get paid to preach and I don't view that as a job so I'll do that until I die Lord willing. On a serious note, I have never had any retirement funds so I will literally work until I kick the bucket. If my wife dies before me I will liquidate everything I have, buy a piece of land in Alaska, build me a one room cabin, and live out my days as a hermit without shaving or socializing!
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I'm 38 and I set my retirement age at 57 with Edward Jones. My pie chart is all "Green" and everything seems achievable. I'm honestly not sure when I'll retire, I enjoy my job and I feel I go to work to get a break from all the hustle bustle life brings. I might think differently when my kiddos are older so we shall see.
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Originally posted by Bear82 View PostI'm hoping when I'm 40. How much money should I have? Are we talking about retiring from working for someone else or can we go to work for ourselves doing whatever we want and enjoying life?
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Originally posted by Bear82 View PostI'm hoping when I'm 40. How much money should I have? Are we talking about retiring from working for someone else or can we go to work for ourselves doing whatever we want and enjoying life?
If you retire at 40 & have to go 45 years with added inflation over that period that’s gonna push you over $3MM
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Originally posted by HogHunter34 View PostReally can’t answer because no one knows the biggest unknown of how long you’ll live. Many FAs I think base it on living to 85 or you can assume average life span data
If you retire at 40 & have to go 45 years with added inflation over that period that’s gonna push you over $3MM
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I left this past June at 66 after 33years. My wife still works from home and loves what she does and is probably 5 years from retirement. I've got several friends that when sleepy joe showed up they decided not to retire. The thought crossed my mind of staying longer but remembered 3 former employees that didn't get to retire. Don't say, "when i retire I'm going to do this and that", because we are not guaranteed tomorrow.
"Hunt when you can, you're going to run out of health before you run out of money". Newberg
I always approached it with the attitude to go while you could climb those mountains and walk those prairies. And then, make up the money spent hunting in Colorado, Montana, and Wyoming while you were still working. I'll have to budget now but still plan on hunting, fishing and enjoying my family, especially my grand daughter. I've been contacted about some part time work, maybe after January. Leaving with the family to Maui in the morning. Aloha!
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