(Closed) When do you expect to retire? (realistically)

posted 6 years ago in Career
  • poll: When do you (realistically) expect to retire?
    45 years old or earlier : (8 votes)
    4 %
    45-50 years old : (4 votes)
    2 %
    50-55 years old : (19 votes)
    10 %
    55-60 years old : (22 votes)
    11 %
    60-65 years old : (62 votes)
    32 %
    65-70 years old : (39 votes)
    20 %
    Older than 70 : (16 votes)
    8 %
    Never! I Will work until I die! : (22 votes)
    11 %
    I can't retire because I do not work. : (1 votes)
    1 %
  • Post # 3
    3941 posts
    Honey bee
    • Wedding: October 2011

    I’m hoping 65.  I don’t currently have a 401k but I only put about 10k towards it when I did.  My Darling Husband has one, but I have no clue where it’s at.

    We’ll continue to live frugaly I’m sure.  No retiring to Europe for us ๐Ÿ™

    Post # 4
    8471 posts
    Bumble Beekeeper
    • Wedding: July 2012

    I refuse to work at or past age 60.  I’d retire now if I could!

    Post # 6
    7770 posts
    Bumble Beekeeper
    • Wedding: July 2010

    Never!  I hope to love my job enough to keep doing it, I think that is what keeps people happy, healthy, alive.

    Post # 8
    9115 posts
    Buzzing Beekeeper
    • Wedding: December 2012

    Not really 100%. My husband wants to make it to Officer before he comes out of the Navy and retires, and he’s 26 now, so who knows. I’d say late 30’s, early 40’s?

    Post # 9
    946 posts
    Busy bee
    • Wedding: November 2012

    @DeathByDesign:  Do you mean when do I expect to retire or my SO…or both?

    Post # 10
    7770 posts
    Bumble Beekeeper
    • Wedding: July 2010

    @DeathByDesign:  Well of course that would be wonderful too!  My Grandfather was a family physician and worked until he was 78 and then just went golfing all over ๐Ÿ™‚  I am an artist, so I know I can never stop.

    Post # 12
    2295 posts
    Buzzing bee
    • Wedding: April 2013

    I don’t really have “retirement” plans, necessarily – although we are saving like gangbusters for that phase of our lives. I don’t see myself ever really quitting working permanently, just moving onto things that give me more flexibility and freedom to pick and choose what I do and when.

    I’d love to be able to be at a place in my life where Fiance and I can work as much or as little as we want by the time we’re 55. I definitely think that is possible with our current trajectory – although we won’t be able to tap into retirement savings until 59.5, so we’ll need to build some money elsewhere.

    However, if we have kids, it’s likely there will be a phase of our lives where I scale back on work either part time or quit altogether, so that’s a phase we’re planning for where I wouldn’t work.

    I guess I just don’t see “retirement” where I quit working as desierable. I like to find a way to make work an integrated part of my overall life, not just a job I sludge through 40 hours a week until I have enough money to stop until I die. I’m really lucky that I have that integration right now.

    Some phases of my life I might work 0 hours, some I might work 20, some I might work 40, some I might work 60. Right now I’m in a heavier work phase. If I have kids, I’d like to scale it back down and then maybe scale it back up for 10+ years while they’re in college/young adults. Then maybe scale it back down again if they start having kids so I can spend more family time.

    Maybe an odd outlook, but while we save aggressively for retirement, I never want it just to be like “Finally, after putting in 40 years I hated, I get to leave.”

    Post # 14
    1460 posts
    Bumble bee
    • Wedding: October 2012

    I max out my contributions to my 401K and am lucky to have a company match up to 4%, which is contributed on a bi-weekly basis also.  It’s almost hurts when I see that huge chunk deducted from my check every 2 weeks but I just tell myself it’s for the future.  I would love to retire by 60 and will definitely retire no later than 65.  I want to enjoy my retirement.

    We will not live an outlandish lifestyle in retirement.  I just want to liove debt free, travel a bit, and rest.  ๐Ÿ™‚

    Post # 15
    62 posts
    Worker bee
    • Wedding: August 2012

    Retirement is a common subject in our house. We’re in our late 20’s and just got married, strange that we’re so excited to be older and retire. Darling Husband is a union plumber with the hopes of retiring at 57 with a full pension including medical benefits. We also contribute to his company matched 401k. I work only part time as a homecare/wellness nurse, so I recently opened a traditional IRA account and plan to contribute $2k a year. My future is a little more uncertain, I plan to go back to school for my masters after I’m done raising kids, and hopefully end up loving my career and retiring when the time feels right. Very much looking forward to it all, hopefully we’ll have a lot of grandchildren and spend time traveling. 

    Post # 16
    3170 posts
    Sugar bee
    • Wedding: October 2012

    It really just depends on what my retirement fund looks like. My husband is older than I am so I’ll retire as soon as I can so we can spend time together. If I stay at the place I work now I should have a really nice retirement fund by the time i’m 50-60 so who knows. Hopefully sooner than later!

    The topic ‘When do you expect to retire? (realistically)’ is closed to new replies.

    Find Amazing Vendors