Re: Retirement
[Re: snowy]
#6528415
04/30/19 12:08 AM
04/30/19 12:08 AM
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Joined: Aug 2011
Posts: 45,271 james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
Posts: 45,271
james bay frontierOnt.
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I retired at 56 with 36 years in with full pension.I would have retired earlier if possible.Time goes faster the older you get.
Last edited by Boco; 04/30/19 12:08 AM.
Forget that fear of gravity-get a little savagery in your life.
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Re: Retirement
[Re: Boco]
#6528417
04/30/19 12:21 AM
04/30/19 12:21 AM
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Joined: Nov 2009
Posts: 843 upstate NY
Mr. Ed
trapper
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trapper
Joined: Nov 2009
Posts: 843
upstate NY
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I retired at 56 with 36 years in with full pension.I would have retired earlier if possible.Time goes faster the older you get.
No matter how great we feel @ 60, we are no matter how you look at it are picking up speed on the downhill roller-coaster ride.
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Re: Retirement
[Re: snowy]
#6528423
04/30/19 12:53 AM
04/30/19 12:53 AM
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Joined: Dec 2006
Posts: 17,379 Coeur d' Alene, Idaho
James
"Minka"
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"Minka"
Joined: Dec 2006
Posts: 17,379
Coeur d' Alene, Idaho
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I think it's more like losing speed going uphill on a roller-coaster.
Jim
Forum Infidel since 2001
"And that troll bs is something triggered snowflakes say when they dont like what someone posts." - Boco
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Re: Retirement
[Re: snowy]
#6528426
04/30/19 01:07 AM
04/30/19 01:07 AM
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Joined: Mar 2019
Posts: 273 CT
Big George W
trapper
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trapper
Joined: Mar 2019
Posts: 273
CT
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“Each day your body dies and inches closer to the end.” Yup, my sentiments exactly. Next year, I’m 55. I’m told I’m eligible to retire early then with 33 years under my belt here at the plant, and start collecting my pension at a slightly reduced rate. I will then work at something I would like to do that’s way less stressful and way more healthier for me – till age 62, then completely retire and add collecting Social Security early to my “to do list”… What will I then do ?? Continue Kayaking/Wildlife Monitoring, which is a very serious hobby of mine, sit outside in my front yard as the sun sets with my dog while enjoying a nice glass of beer, and of course Trapping during our season – which hopefully will still remain in place here in Connecticut... Once I am done working in this defense plant next year, I would also like to start volunteering with the State Wildlife Biologists. Some may wonder why I’m looking to pull the plug so early with work. Well, many of my long time friends here at the plant who are in their 60s are either dead or are dying of cancer. I don’t want to go down that path if I can help it.
Respect, Big George + Loki the Dog..... East Derby, CT CTA [life member], NTA, FTA, FBU Connecticut Republican Party
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Re: Retirement
[Re: snowy]
#6528446
04/30/19 06:02 AM
04/30/19 06:02 AM
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Joined: Dec 2006
Posts: 3,472 Northern Ohio ...
Sullivan K
"Keith"
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"Keith"
Joined: Dec 2006
Posts: 3,472
Northern Ohio ...
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I retired 6 years ago when I was 61. I still work all the time. There still all kinds of squirrels that need hunted along with mushrooms. The garden takes a lot of work. Going to all of the grand kids sports activities requires a lot of time. I work at the grade school library,as a volunteer, helping the kids find and check out books. On snow days, or days when there is no school I'll get a phone call asking "Grandpa, can we come over and spend the day with you?" My days are full, so this retirement ain't all it's cracked up to be because I'm busy all the time. I only have enough free time to read about one book a week. So my advice is don't ever retire because all you ever will do is hunt, trap, work in the garden and hang out with the grand kids. It just ain't worth it,
My name ain't Keith
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Re: Retirement
[Re: snowy]
#6528466
04/30/19 06:57 AM
04/30/19 06:57 AM
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Joined: Dec 2006
Posts: 19,932 SEPA
Lugnut
trapper
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trapper
Joined: Dec 2006
Posts: 19,932
SEPA
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When I retire in about five years I plan on continuing doing the things I enjoy; trapping, hunting, fishing and woodworking. I will just be doing a lot more of that stuff because I won’t have work to get in the way. Actually, I will probably never fully retire, at least as long as I am able to do the work.I have several long-time, very good customers who I will probably continue to do select jobs for. And I have helpers who will do the rest.
Eh...wot?
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Re: Retirement
[Re: Cedar Hacker]
#6528477
04/30/19 07:17 AM
04/30/19 07:17 AM
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Joined: Nov 2008
Posts: 4,238 Illinois
ratbrain
trapper
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trapper
Joined: Nov 2008
Posts: 4,238
Illinois
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I have been retired for 20 years and the only regret I have is I should have done it 5 years sooner.
I have plenty to keep me busy without having a job, sometimes too much. This. I have been retired for 13 years, I have so much to do I do not know when I ever had time to work!!
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Re: Retirement
[Re: snowy]
#6528486
04/30/19 07:51 AM
04/30/19 07:51 AM
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Joined: Mar 2012
Posts: 3,852 meadowview, Virginia
EdP
trapper
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trapper
Joined: Mar 2012
Posts: 3,852
meadowview, Virginia
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At any age you only have a certain amount of energy in any given day. Work takes part of that energy and the rest goes to things you want to do (family, hobbies, etc). As you get older the energy you have decreases but work still takes the same amount. That means there is less left for the things you want to do. What you see from those folks that wait until late in their 60's to retire is that work is now taking almost all their energy and they no longer pursue their hobbies. When they finally do retire they don't know what to do with themselves.
For decades there has been data available from a Lockheed study that showed average age of retirement vs age of death. Those who retired at 55 on average lived to 84. Those who retired at 66 lived to 67.
I didn't have much trouble deciding which group I wanted to be in. In 2010 at age 56 I had the resources to be able to retire so that's what I did and have never regretted it. I have missed the technical challenges and some of the personal interactions, but have never lacked for something to stay busy with. I took up trapping, shoot more, hunt more, travel west to hunt, ride my horses, work on my house, etc. The list of things I need or want to do exceeds my time and I am very happy with my decision. I could have worked a few more years, put away more money, and bought a nicer retirement home, but I have everything I need and more so it would have been pointless.
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Re: Retirement
[Re: EdP]
#6528488
04/30/19 07:57 AM
04/30/19 07:57 AM
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Joined: Dec 2011
Posts: 10,308 MT
snowy
OP
trapper
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OP
trapper
Joined: Dec 2011
Posts: 10,308
MT
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At any age you only have a certain amount of energy in any given day. Work takes part of that energy and the rest goes to things you want to do (family, hobbies, etc). As you get older the energy you have decreases but work still takes the same amount. That means there is less left for the things you want to do. What you see from those folks that wait until late in their 60's to retire is that work is now taking almost all their energy and they no longer pursue their hobbies. When they finally do retire they don't know what to do with themselves.
For decades there has been data available from a Lockheed study that showed average age of retirement vs age of death. Those who retired at 55 on average lived to 84. Those who retired at 66 lived to 67.
I didn't have much trouble deciding which group I wanted to be in. In 2010 at age 56 I had the resources to be able to retire so that's what I did and have never regretted it. I have missed the technical challenges and some of the personal interactions, but have never lacked for something to stay busy with. I took up trapping, shoot more, hunt more, travel west to hunt, ride my horses, work on my house, etc. The list of things I need or want to do exceeds my time and I am very happy with my decision. I could have worked a few more years, put away more money, and bought a nicer retirement home, but I have everything I need and more so it would have been pointless.
Exactly, nicely said.
Last edited by snowy; 04/30/19 07:58 AM.
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
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Re: Retirement
[Re: snowy]
#6528499
04/30/19 08:12 AM
04/30/19 08:12 AM
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Joined: Dec 2011
Posts: 10,308 MT
snowy
OP
trapper
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OP
trapper
Joined: Dec 2011
Posts: 10,308
MT
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Pike River >>> that can be very different for everyone. The first thing you need to do is know exactly what your yearly expenses are. Then take that number times 25 and you will have an idea what you may need. SS would be a plus to that number you come up with. This is a very simple way to see what you may need to live out 25 year or so of life.
Last edited by snowy; 04/30/19 08:14 AM.
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
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Re: Retirement
[Re: Tactical.20]
#6528515
04/30/19 08:36 AM
04/30/19 08:36 AM
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Joined: Feb 2013
Posts: 1,706 Ohio
Ronaround
trapper
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trapper
Joined: Feb 2013
Posts: 1,706
Ohio
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I'd go coyote trapping, if I could retire ME TOO! next April i will!
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Re: Retirement
[Re: snowy]
#6528533
04/30/19 08:58 AM
04/30/19 08:58 AM
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Joined: Jul 2010
Posts: 2,182 Idaville, Indiana
MB750
trapper
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trapper
Joined: Jul 2010
Posts: 2,182
Idaville, Indiana
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I retired 8 years ago. I have yet to be bored. This retired stuff ain't for sissies though and the pay could be better, but the benefits of being able to do and go where you want to 24/7 can't be beat. I just love being retired!
For years I have been tomstrap, now I must change because of the whims of the cyber world. NRA Life, ISTA Life, FTA Life, NTA Life
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Re: Retirement
[Re: Pike River]
#6528534
04/30/19 09:03 AM
04/30/19 09:03 AM
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Joined: Jun 2015
Posts: 4,951 rogers city mi.
jeff karsten
trapper
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trapper
Joined: Jun 2015
Posts: 4,951
rogers city mi.
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For you guys that retired in the last few years approximately how much did you have in retirement savings? I'd like to retire at 59 but worried about having enough. All I can tell you is that "worry" will never go away but you will learn to live with it or without it Hopefully you didn't get sucked in to the 401 craze don't get me wrong its not a bad deal but its not the only one out therewhen you lookat a conventional ira yeah doesn't pay that much but when you figure the tax savings that you don't have to pay on withdrawal(deposits) and the higher fees that brokers charge not all that bad plus you don't have people calling to go over your stuff and telling you to stay in when its low and stay in when its high Brokers are like Fire Ants in Georgia
olden tyred
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