At what age will you retire and with how much?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’m 47 and have seven million and am starting to think that might be my answer. Tempted to quit.

No kids so no college expenses, but also no safety net when I’m old.

I would look into a 55+ community when you are much older where you can have a support group around you.

If I were you, I'd go PT. Maybe consulting when you feel like it. And travel.

Everybody will need a 55+ community and support group for when they get older.

I am older and kids are not that helpful.

that's depressing.

Actually it's not. The over 55 community is amazing and people are very active and supportive. And your not holding your kids back.

isn't 55 kind of young though? I can see maybe at 65+ community.

[Anonymous]

Answer: never and with not enough.

[Anonymous]

Will retire at my MRA at 56.5 later this year. Combined w/ spouse’s Fed TSP $2.5 mil. Pension - 50K per year. Plus $300K in savings and social security. Owe about 350k on house - that’s the only debt.

[Anonymous]

Anonymous wrote:Will retire at my MRA at 56.5 later this year. Combined w/ spouse’s Fed TSP $2.5 mil. Pension - 50K per year. Plus $300K in savings and social security. Owe about 350k on house - that’s the only debt.

[Anonymous]

Anonymous wrote:Will retire at my MRA at 56.5 later this year. Combined w/ spouse’s Fed TSP $2.5 mil. Pension - 50K per year. Plus $300K in savings and social security. Owe about 350k on house - that’s the only debt.

And do what?

[Anonymous]

I retired at 45 with a net worth in the mid to upper 30s

[Anonymous]

Anonymous wrote:

Anonymous wrote:Will retire at my MRA at 56.5 later this year. Combined w/ spouse’s Fed TSP $2.5 mil. Pension - 50K per year. Plus $300K in savings and social security. Owe about 350k on house - that’s the only debt.

And do what?

We're retired at mid 50s last year. I can't comprehend questions like this from people who don't have the imagination to think up of hobbies they rather do than work. Didn't you ever want to learn a language, a musical instrument, martial art, spend more time to travel and visit old friends, etc...but never had the time because of work, kids, elderly parents and various responsibilities as an adult? Creativity is intelligence having fun...and when you own your time you can be as creative as you want, and mid day naps after meeting up with friends for lunch are great too.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Will retire at my MRA at 56.5 later this year. Combined w/ spouse’s Fed TSP $2.5 mil. Pension - 50K per year. Plus $300K in savings and social security. Owe about 350k on house - that’s the only debt.

And do what?

I could think of 1,000 things that I would rather do than work. Learning a language in a full time immersion program is one of them. Next, learning the piano.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Will retire at my MRA at 56.5 later this year. Combined w/ spouse’s Fed TSP $2.5 mil. Pension - 50K per year. Plus $300K in savings and social security. Owe about 350k on house - that’s the only debt.

And do what?

DP. Do you need to ask? Let's see.. Watch TV, read a book, watch porn and JO, take a nap, get on the internet and yell at people who don't like your opinions, go out with friends, nap again, exercise, trade. And no, it doesn't get boring. Far better than going in to work, spinning your wheel for someone else's benefit and feel like you accomplished something when you really didn't.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Will retire at my MRA at 56.5 later this year. Combined w/ spouse’s Fed TSP $2.5 mil. Pension - 50K per year. Plus $300K in savings and social security. Owe about 350k on house - that’s the only debt.

And do what?

We're retired at mid 50s last year. I can't comprehend questions like this from people who don't have the imagination to think up of hobbies they rather do than work. Didn't you ever want to learn a language, a musical instrument, martial art, spend more time to travel and visit old friends, etc...but never had the time because of work, kids, elderly parents and various responsibilities as an adult? Creativity is intelligence having fun...and when you own your time you can be as creative as you want, and mid day naps after meeting up with friends for lunch are great too.

Ha ha ha. I retired at 53 almost 8 years ago. I do nothing now, and it’s great. I’m also healthier. Anybody who thinks they need to work is crazy.

[Anonymous]

Anonymous wrote:Will retire around 70, maybe. Already working part time ca 20-30 hours a week, taking 2-3 months off a year and have for years.
Since it's darn good life, I don't have a reason to dream about retirement. I should have several millions by 70 from the investments I have now.
Healthcare - I have bare minimum. I check in with the doctors abroad visiting family and friends. Love going to dentist there, also physical,and skincare.

What do you? Where do you work? Would love a gig like that!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Will retire at my MRA at 56.5 later this year. Combined w/ spouse’s Fed TSP $2.5 mil. Pension - 50K per year. Plus $300K in savings and social security. Owe about 350k on house - that’s the only debt.

And do what?

We're retired at mid 50s last year. I can't comprehend questions like this from people who don't have the imagination to think up of hobbies they rather do than work. Didn't you ever want to learn a language, a musical instrument, martial art, spend more time to travel and visit old friends, etc...but never had the time because of work, kids, elderly parents and various responsibilities as an adult? Creativity is intelligence having fun...and when you own your time you can be as creative as you want, and mid day naps after meeting up with friends for lunch are great too.

Ha ha ha. I retired at 53 almost 8 years ago. I do nothing now, and it’s great. I’m also healthier. Anybody who thinks they need to work is crazy.

+1 I have bad sciatic issues from sitting too much working. I always say working (sitting) is bad for your health. There was about 18months when I didn't work, and I was in the best shape of my life.

I hardly sat. I was constantly doing stuff around the house, eating better, and had time to exercise and also relax. I'm hoping to retire in 3 years when I'm 56. I have private insurance now, so we'll keep that.

I hope to have about $2.8mil by the time we retire. Colleges all paid for. I can't wait.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Will retire at my MRA at 56.5 later this year. Combined w/ spouse’s Fed TSP $2.5 mil. Pension - 50K per year. Plus $300K in savings and social security. Owe about 350k on house - that’s the only debt.

And do what?

We're retired at mid 50s last year. I can't comprehend questions like this from people who don't have the imagination to think up of hobbies they rather do than work. Didn't you ever want to learn a language, a musical instrument, martial art, spend more time to travel and visit old friends, etc...but never had the time because of work, kids, elderly parents and various responsibilities as an adult? Creativity is intelligence having fun...and when you own your time you can be as creative as you want, and mid day naps after meeting up with friends for lunch are great too.

Ha ha ha. I retired at 53 almost 8 years ago. I do nothing now, and it’s great. I’m also healthier. Anybody who thinks they need to work is crazy.

+1 I have bad sciatic issues from sitting too much working. I always say working (sitting) is bad for your health. There was about 18months when I didn't work, and I was in the best shape of my life.

I hardly sat. I was constantly doing stuff around the house, eating better, and had time to exercise and also relax. I'm hoping to retire in 3 years when I'm 56. I have private insurance now, so we'll keep that.

I hope to have about $2.8mil by the time we retire. Colleges all paid for. I can't wait.

Yep. It’s great! Most days I don’t even know what day of the week it is. I do whatever I want, which often amounts to nothing. But I’m never bored. Never. My worst day retired is better than my best day working. I spend more time with dogs now than I do people. It’s heaven.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Will retire around 70, maybe. Already working part time ca 20-30 hours a week, taking 2-3 months off a year and have for years.
Since it's darn good life, I don't have a reason to dream about retirement. I should have several millions by 70 from the investments I have now.
Healthcare - I have bare minimum. I check in with the doctors abroad visiting family and friends. Love going to dentist there, also physical,and skincare.

What do you? Where do you work? Would love a gig like that!

Doubt you want the job. I'm a server.

[Anonymous]

58-60, once youngest is out of college, with $30M, 3 Paid for homes (not included in the $25M)