HomeHome  CalendarCalendar  FAQFAQ  SearchSearch  RegisterRegister  MemberlistMemberlist  UsergroupsUsergroups  Log in  
Share | 
 

 Retirement

View previous topic View next topic Go down 
Go to page : 1, 2  Next
AuthorMessage
Brewdude

avatar

Age : 65
Location : Near the Emerald city
Registration date : 2011-05-04

PostSubject: Retirement   Sat Dec 12, 2015 10:07 pm

Retirement. A difficult subject at best, and perhaps a dirty word at the worst?!

There are those amongst us who have crossed over into this situation, and one in which all of us must consider at some point sooner or later. I myself am now knocking on that very door in a few years.

After much thought and consideration, I've determined that I'd like to retire at age 66. That's only a few 3 years away. And it will be determined by my health. Right now I'm fine except for a few issues, but they aren't serious. That could change of course.

The driving force for this is that my SS compensation will almost double at 66. That's significant. And please don't let this thread devolve into a political discussion of the demise of SS. That's not my intent.

Please understand that my life has been all about my career for 27+ years. I love what I do and want to go on doing it as long as possible. Yet the physical demands are much the same as when I got into this industry. One has to be realistic about what the body can sustain.

I've had some issues recently but they have not prevented me from fulfilling my duties. Equally, I realize that I'm not in my youth anymore when I got into this. Not trying to play the age card here, just being practical.

I'm rambling here, so will just ask those of you who are retired or are about to chime in. Once I'm retired what does one do to fill up the day? I'm used to physical activity and tasks. 

I hasten to add that that I'm not one to go to the gym or resign myself to fishing every day. I do have my music, and will continue to pursue that as long as I can.

So what words of wisdom can you impart, you retired folks? I am reminded that there is wisdom in many counsels.

Perhaps this is too serious a thread for this site. Be that as it may.



Cheers,

RR
Back to top Go down
View user profile http://www.fallsbrew.com Online
monbla256

avatar

Age : 71
Location : DFW Metroplex, Texas
Registration date : 2012-01-15

PostSubject: Re: Retirement   Sat Dec 12, 2015 10:16 pm

Dude, retirement is a whole 'nother thing compared to working for a living.  Unless your SS benefits are the same amount as your salary was, you will have to do some rethinking lifestyle wise for sure !! You will have LOTS of time on your hands unless you try to stay busy and actually this can be something to enjoy so do it !! The one thing I've learned in being retired for over 4 years now is ENJOY the changes in your life as they can be as beneficial as working !! And there WILL be changes ! Twisted Evil Twisted Evil
Back to top Go down
View user profile
ZeroContent

avatar

Age : 34
Location : Swanzey, NH
Registration date : 2010-10-23

PostSubject: Re: Retirement   Sat Dec 12, 2015 10:38 pm

Take up a physical hobby you can do alone or with two people. Hiking, wild life photography, (stereo typical) golf, etc... While I'm far from retiring I hope I'll still be rock climbing until I'm dead.
Back to top Go down
View user profile http://www.teantobacco.com
Ozark Wizard

avatar

Age : 53
Location : Mark Twain National Forest, MO
Registration date : 2014-10-11

PostSubject: Re: Retirement   Sat Dec 12, 2015 11:46 pm

While some doors close, other will open for you.

Consulting is good work, if you can get it.

You strike me as a person that will find plenty of ways to while away the hours....................
Back to top Go down
View user profile
puros_bran
Nightrider
avatar

Location : Brandenburg, Ky
Registration date : 2007-12-10

PostSubject: Re: Retirement   Sat Dec 12, 2015 11:59 pm

(Read it as proverbs, not prose..lol)
I may or may not be retired, but I haven't worked in two years.. Scribed, Amazon Prime/Netflix, and lots and lots of comfortable pajama pants.  

Amateur Radio, Model RailRoading, Shooting & Reloading (if you have access to a free range), and a bazillion other endeavors can keep you busy..

If you want to stay active get a little Yorkie, he will keep you working overtime just keeping up with him.

Not punching a clock or stressing over deadlines isn't as hard to do as you are making it sound.  

Get one of those pick up truck sized RV's and go drive in the left lane of the interstate 15mph under the limit and hang out at the KAO at night.  

In short do whatever your heart desires, within financial and physical ability..
Back to top Go down
View user profile
Piffyr

avatar

Location : Virginia
Registration date : 2015-10-24

PostSubject: Re: Retirement   Sun Dec 13, 2015 12:07 am

I'm not retired. Not even close. I still have more working years ahead of me than I have behind me, unless I hit the lottery. I'm close with several retired family members though and I've figured out a few dos and don'ts from observing them.

The first thing is to stay physically active, preferably outside. It doesn't have to be much as long as you're moving. A daily dog walk is enough to do wonders.

Second, stay mentally active as well. Pick up a hobby or trade that will challenge you and require you to problem solve. The more foreign it is the better. You can teach an old dog new tricks.

Third and last (and I think most important), maintain social interactions. Keep in touch with friends and make new ones. It's easy to separate yourself when you're not on the same schedule as most of the rest of the world. Once withdrawn, it will feel like the troubles are piling on as insignificant problems will assume more and more importance as your world becomes smaller. Keeping up those social interactions will tend to put those sorts of things into a more proper perspective.

That's all I've got, man. Hope it helps.
Back to top Go down
View user profile
KevinM



Age : 74
Location : Connecticut
Registration date : 2012-02-26

PostSubject: Re: Retirement   Sun Dec 13, 2015 1:13 am

Been retired ten years. Had the great benefit of retiring just before my employer switched from a defined benefit (good) to a defined contribution (bad) benefit plan. And I was in the 401k plan for nearly 30 years. I didn't need to work anymore and couldn't wait to go.

My two cents worth -- put out of your mind the idea that your future worth is somehow connected with the refillable niche your employer had you arbitrarily pegged into. Do not try to recreate your past life. It's past, gone, finis. Fuggetaboutit. Forget about being productive, too, at least in the way you've been habituated into thinking about it. Eat breakfast. Take walks or drives. Read the ten greatest American novels. Hang out. Talk to people. Check the "activities" section of your local newspaper, and go to some of them. Soon enough, you'll find interesting people and opportunities to help you rediscover your natural interests and paths.

Find the movie "About Schmidt" with Jack Nicholson. It's a pretty good portrayal of a guy making the work - retirement transition.

Back to top Go down
View user profile
Stick

avatar

Age : 47
Location : 'Blighty'
Registration date : 2014-02-19

PostSubject: Re: Retirement   Sun Dec 13, 2015 3:09 am

As you know Rande, I'm a few years from retirement but I can draw upon my observations of my parent's retirement.

My folks have always been busy types, at work, home and in the 'early years', Scouting so they harboured similar concerns to yourself. As is their way, they set about being as organised as they could to ease the transition.

Firstly, they decided to re-locate to a new and more manageable home. As a family we grew up in a large (by our standards) 4 bed house and they identified that with my brother and I long gone, downsizing would be a sensible move. They did their homework too. They made a list of all the things that considered would be important to them in their retirement years; good public transport links, a health centre they could walk to, an efficient home, access to the nearest city (Exeter) and a place with a strong sense of community.

They moved 10 or so years ago now and are really happy. Dad spends much of his time in his workshop tinkering on projects. He restores bikes and vintage mopeds and enjoys aero modelling. He has recently just finished making an electric bike made completely from scrap. Mum does a lot of work with the church, organising coffee mornings and dressing the church with flowers. During the summer much of their time is spent on the allotment growing their own fruit and veg. They'll spend whole days up there breaking the days with regular brews and snacks made on a camp stove. They've always been super active and have continued this by either walking or riding their bikes as much as possible; instead of making a large shop using a vehicle they do regular smaller shops using a bike with panniers.

They do have one regular complaint though... they don't have enough time in the day!
Back to top Go down
View user profile
DGErwin11

avatar

Age : 68
Location : Central GA USA
Registration date : 2012-05-20

PostSubject: Re: Retirement   Sun Dec 13, 2015 9:07 am

I have been retired a little over 3 years. Some random thoughts:

You already know just about all you need to know to survive. Now you learn things because they interest you.

If you are not extravagant and want to ski in Vail and winter in the Bahamas, it costs less to live than you think.

You will have more time to do that which brings you enjoyment and pleasure. That can be as hedonistic or altruistic as suits you.
Back to top Go down
View user profile http://DGEHandmadePipes.com
Lysander

avatar

Location : Charlotte, NC
Registration date : 2014-11-15

PostSubject: Re: Retirement   Sun Dec 13, 2015 11:15 am

Been retired for 4 years and love it. You do need some hobbies/interest. Otherwise, you'll be bored and miss work. Doesn't matter what the interest are so long as the time spent enriches you. I have more time for skeet shooting, hunting, reading, movies, pipe smoking, my German Shorthaired pointer, my church, and the gym. Don't discount joining a gym. You don't have to bust it with the young jocks. I didn't visit a gym from college until retirement. Since I go briefly and regularly 3 times a week. Within a year, I'd gotten back to my high school weight. Additionally, I don't seem to have the aches & pains nor need the meds compared to other 69 year olds.

Another pleasant retirement surprise is that your cost of living goes down unless traveling is one of your activities. Without the expenses of commuting, restaurant lunches, business wardrobe, and the like, you'll just spend less. My largest savings were medical cost, but I was self employed and had a huge private policy premium which went away with medicare.
Back to top Go down
View user profile
mark
Admin
avatar

Registration date : 2008-07-02

PostSubject: Re: Retirement   Sun Dec 13, 2015 11:27 am

A subject I've been pondering for a while now. I've decided to keep working until I no longer meet yearly certification requirements. There's many variables involved in this decision and a few months from now my reasons may not be valid.  Financial/health,,,weighing best case vs worst case on both issues is a crap shoot at best.

I've got a couple years until I reach the SS balance point, at that time things probably will have changed for me.

_________________
.

Sometimes I wake up grumpy. Other times I let her sleep.
.
Back to top Go down
View user profile
Cartaphilus

avatar

Age : 63
Location : East Texas
Registration date : 2011-12-15

PostSubject: Re: Retirement   Sun Dec 13, 2015 11:32 am

I say, if you got the money to retire comfortably and, that doesn't me ya have to be wealthy.
Do it! I was forced into retirement and didn't have to dimes to rub together. I do fine but, if I'd
had a savings it would have been great. Just don't depend on Uncle Sam to give you the money he owes ya and you'll be fine. Wink
Oh! and get a hobby or you'll go stare crazy. Laughing
Back to top Go down
View user profile http://rdpipes.briar.club/
DGErwin11

avatar

Age : 68
Location : Central GA USA
Registration date : 2012-05-20

PostSubject: Re: Retirement   Sun Dec 13, 2015 1:24 pm

And don't forget guilt free naps.
Back to top Go down
View user profile http://DGEHandmadePipes.com
Bullwinkle

avatar

Registration date : 2010-04-03

PostSubject: Re: Retirement   Sun Dec 13, 2015 2:43 pm

Retired 5 years and enjoy not busting out at 5:30am. I really enjoy no longer being at the end of the 'on-call' ball and chain. Never thought I would be the health club kind of guy but the wife got me into pickle ball where she belongs and some of those old folks are out for blood. Joined a Sr golf league at a small club down the road. That got me into a regular poker night. We can go and come as we please to longer need to deal with vacation days. I also have a GSP recuse and that boy can go all day. To make a long story short you become master of your time.
Back to top Go down
View user profile
huffelpuff

avatar

Age : 47
Location : Laramie, WY
Registration date : 2011-12-10

PostSubject: Re: Retirement   Sun Dec 13, 2015 5:41 pm

Rande, as Cart said do not count on the money showing up when it's supposed to and you'll be fine. Stay active and use your noodle or you will go crazy. Retired in 96 and I'm still kicking butt and taking names.

Jim
Back to top Go down
View user profile
DoverPipes

avatar

Age : 49
Location : HUDSON VALLEY NY
Registration date : 2009-05-24

PostSubject: Re: Retirement   Sun Dec 13, 2015 6:11 pm

The thought of retirement scares the crap out of me.
I have been a Civil Servant for the better part of 27 years and I am still facing retiring at 62 to get a "semi decent" pension. (I jumped around in various retirement systems that aren't compatible. Railroad Retirement which was reverted to Social Security, County & State, and currently a Federal FERS pension system.)

I'm 47 right now and I am coming to the realization that I am becoming "burnt out". I can't make another jump to another agency or pension system. I am too old to going back to a Full Time Police Officer position. I am getting nervous thinking about what may happen. I can't seem to find any joy in what I currently do. This is mostly due to mismanagement and apathy of the agency.

What to do.......what to do. Shocked
Back to top Go down
View user profile
Cartaphilus

avatar

Age : 63
Location : East Texas
Registration date : 2011-12-15

PostSubject: Re: Retirement   Sun Dec 13, 2015 7:31 pm

huffelpuff wrote:
Rande, as Cart said do not count on the money showing up when it's supposed to and you'll be fine. Stay active and use your noodle or you will go crazy. Retired in 96 and I'm still kicking butt and taking names.

Jim

Jim, And I'm glad your doing well sir, we don't hear from you enough anymore. Wink
Back to top Go down
View user profile http://rdpipes.briar.club/
Carlos
Admin
avatar

Age : 60
Location : Chestnut, IL
Registration date : 2007-12-10

PostSubject: Re: Retirement   Sun Dec 13, 2015 9:01 pm

I did that nearly two years ago. Still reasonably young and not tapping SS yet. A level payment plan was a choice but I chose to hold out, live on the monthly retirement, and then gain the SS when eligible. That way I do not have to give part of it back for having tapped it early.

Immediately when retiring you gain say, 50 hours a week to spend money. You have to resist that temptation. I have a bunch of hobbies that keep me busy. Plus mowing grass and pushing snow for the truly old people in our little town. You have to reduce stress. I could be more active. Cardiac Rehab will probably get me more active I suspect. I was very lucky to have an event with such seemingly minor effects.

There just does not seem to be enough hours in a day for all I want to do. Time passes so fast as you age. The perception of it changing I think is closer to the truth. I enjoy my pot of coffee in the morning. So nice not to have to rush to work or worry about the weather. Except for the fact that the wife is out in it.

_________________


"Never turn your back on a Breen".
Back to top Go down
View user profile
Cartaphilus

avatar

Age : 63
Location : East Texas
Registration date : 2011-12-15

PostSubject: Re: Retirement   Sun Dec 13, 2015 9:32 pm

Carlos wrote:


There just does not seem to be enough hours in a day for all I want to do.  Time passes so fast as you age.  The perception of it changing I think is closer to the truth.  I enjoy my pot of coffee in the morning.  So nice not to have to rush to work or worry about the weather.

This^^^^^^^^ Wink
Back to top Go down
View user profile http://rdpipes.briar.club/
PeterD

avatar

Age : 65
Location : Hixson, TN (Chattanooga Area)
Registration date : 2012-06-04

PostSubject: Re: Retirement   Sun Dec 13, 2015 9:57 pm

...I retired two years ago...yes, early retirement, and after working 47 years, I was ready. However, part of my decision to retire early was to raise 5 special needs children I have adopted over the last 5 years. Now, ages 12, 14, 15, 16, and 19, I am far busier today than ever. My oldest sons, ages 20 and 33 plus two grandkids 10 and 12, require my time as well.

Stated earlier, doors close and more will open, I find this especially true...I know I could have never accomplished this task when I was younger because I wouldn't have had the patience to contend with that many kids.

Best wishes to those contemplating retirement...
Back to top Go down
View user profile
ftrplt

avatar

Age : 71
Location : Split between Raleigh, NC and OKC, OK
Registration date : 2007-12-15

PostSubject: Re: Retirement   Mon Dec 14, 2015 2:18 pm

Retired (for the second time!!) in 2008. Haven't regretted doing it for a minute. I do some consulting work plus I teach some classes at the FAA's training center in Oklahoma City, OK. I try to stay active, walking my dogs while puffing on the pipe or my "power" walk every so often!! Not a golfer, but do like being outside. Travel quite a bit. I waited until 66 & 1/2 to take SS. Do something to keep the old mind active and busy. I play a lot of bridge, do family genealogy research on-line, read real books, stay up on current events, etc. I truly love not having a schedule, gives me time to do things like sit on my ass in front of a computer replying to discussions like this Razz Razz Razz Keep active, take care of your health, be engaged in something!!! Enjoy your retirement years!! cheers santa FTRPLT
Back to top Go down
View user profile
Richard Burley

avatar

Location : North Coast NY
Registration date : 2011-04-09

PostSubject: Re: Retirement   Mon Dec 14, 2015 2:43 pm

Never been keen on negative cash flow. As long as that doesn't supervene, anything goes when old, ugly, decrepit, and proof of mortality looms. Every man for himself, I say. Whatever turns ya' on, do it. Pushin' 70--though how the hell that ever happened I have no idea--and still working full time. What's this S.S. thing? Sounds Nazi.



Last edited by Richard Burley on Sun Sep 18, 2016 9:39 am; edited 1 time in total
Back to top Go down
View user profile Online
Briarbabe

avatar

Age : 38
Location : PA
Registration date : 2013-07-30

PostSubject: Re: Retirement   Mon Dec 14, 2015 3:49 pm

I'm still a long ways off, but after watching my dad and step mom retire I can say they were both busier now than when they were working. They volunteered in a number of organizations that kept them busy and integrated them into a new community of people which made them a lot of new friends. Then my dad had to go and run off with another woman leaving my step mom destitute which is always an option, but not one I recommend. We as a family decided to keep Mom B. and write off Dad. Smile
Back to top Go down
View user profile http://traceyleezle.wordpress.com
idbowman

avatar

Age : 35
Location : Painesville, OH
Registration date : 2011-12-19

PostSubject: Re: Retirement   Mon Dec 14, 2015 3:59 pm

I'm 33. I'd retire at 34 if I could swing it (well...I COULD retire tomorrow if I could live off of $.18/month).

Clearly, I have many years left to go before I have to deal with the idea, but it seems to me that most everyone I know that's retired all agree on one thing - know yourself, know your hobbies, and find time to enjoy them both. It's what makes retirement a reward and not an exile.

Congrats to you, BD, even if you're not 100% sold on the idea that it's something to celebrate.
Back to top Go down
View user profile
Brewdude

avatar

Age : 65
Location : Near the Emerald city
Registration date : 2011-05-04

PostSubject: Re: Retirement   Mon Dec 14, 2015 9:03 pm

Appreciate all the info lady and gents. Keep it coming. Good to see you are all so forthcoming with experiences and advice. All is noted and filed away for future reference.

This retirement thing is still pretty much an odd concept to me right now. Equally, at some point one does have to look at the inevitable as well as plan for it.

I can pretty well choose when I make the decision, and I'd rather go out on top of my game rather than having someone tell me that I need to go. So there is that. 

Just need to start planning for the eventful day when I'll start the final phase of my life. Can't believe I'm saying that..........

silent 


Cheers?

RR
Back to top Go down
View user profile http://www.fallsbrew.com Online
 
Retirement
View previous topic View next topic Back to top 
Page 1 of 2Go to page : 1, 2  Next
 Similar topics
-
» Why didn't the McCanns sue Halligen?
» The Inevitable Retirement of LinaVoltage
» Supplementary Retirement Benefit

Permissions in this forum:You cannot reply to topics in this forum
Brothers of Briar :: Community :: The Round Table-
Jump to: