What age do you plan on working to?

[Anonymous]

Female, 58 this year. Aiming for retiring at 65-67. I already work for myself so can scale it down quite a bit if I want to as I get closer to that time. Right now it's more than full time and highly paid but I could see aiming for half time by around 63-64. I still need to be able to afford health insurance until medicare kicks in so that's an incentive to continue to work. I also saw both my grandfather and my FIL suffer from early retirement - they both slowed down so much and seemed to lose their mental capacity quickly without the stimulation of work. Maybe that would have happened anyway, but I am not sure about that.

[Anonymous]

All financial advisors say to wait until you're 70 to claim Social Security benefits.

They say that, although you can "retire" earlier than 70, you should just rely on your own savings (taking out no more than 4% per year.) The very earliest most of us can claim SS benefits is 67 anyway.

[Anonymous]

You do tend to get a lot of "but what are you going to do?" I remember when my mom retired and people were astounded that she didn't have a plan. No plan to work PT, no plan to travel the world, no plan to volunteer. She just wanted to, after working 43 years, do NOTHING. Or figure it out as it came.

I'm 52 and plan to retire at 62. AND DO NOTHING.

I'm 60 and trying to decide whether to retire. Your post has helped me immensely!

[Anonymous]

Currently 53, probably 70. I'm in great health, and want to be able to earn an income for as long as possible before having to live solely on savings.

[Anonymous]

Anonymous wrote:All financial advisors say to wait until you're 70 to claim Social Security benefits.

They say that, although you can "retire" earlier than 70, you should just rely on your own savings (taking out no more than 4% per year.) The very earliest most of us can claim SS benefits is 67 anyway.

No, you can claim it at 62, but it will be a reduced amount. For most people, full benefits aren't available unless you wait until 67. At 70, your benefit maxes out so there is no point in waiting any longer.

[Anonymous]

Pension kicks in at 55 (with 30 years of service), and I can still purchase employer health insurance until medicaid eligible. I will be gone at 55 and 1 day.

I'll find part time work if I'm bored. I will make more (pension + savings) retired than I do while working.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:47. I consider myself semi-retired, but I do not tell anyone this.

If you work, you aren't semi retired. I work one day a week and say I work. I don't call myself semi retired.

Sure you are IF you have been working full-time for most of your working life. You sound insecure.

So you are retired compared to before but not really retired? That's crazy. I have worked two days a week my whole life. I'm not semi retired.

[Anonymous]

Counting on 70 for max SS and also adding to 401k intensely, I'll be 65 this summer. I'll need the money. But also, as an introvert, I think my mental health would suffer if I were not working. (I also have just one offspring, and at 29 my DS shows no indication of a romantic relationship, never mind starting a family, so extra time to be a grandma isn't on the horizon any time soon).

[Anonymous]

45 right now. Probably retire from the govt in about 4 years, then go private sector. Hopefully work another 10 years or so in the private sector, and, god willing, retire for good @60.

[Anonymous]

I calculated when my DS2 would go to college, I’ll be 62 then. What I really want is to stay home now and work later when my kids are away in college. With both kids gone I think I’ll want to work till 70, 73.

Right now I’m in the federal gov (5 years in). I wonder if I can return to my junior level job at age 60, if I take the entry level GS-11 position (attorney). There are 500 of us attorneys at our agency and I see some people who look early 50s even mid 50s who’ve only been at the job 7-10 years but doing what I do. So I know they do hire even if you’re late 40s for this junior position.

I think I’ll be too tired to do much and bored during retirement. I had kids after 35 so it won’t be until I’m 62-65 that I’ll see my first grandchild. Or I could be 70 if they have kids when I did. Gosh. I won’t be as involved with grandkids childhoods if my kids have kids after 35.

I think I’ll want to work, any job, when my kids are out of the house.

[Anonymous]

Decided that 52 was the time to retire, sell our home in MARYLAND and buy our retirement home in North Carolina while we are healthy and able to settle into our new community.

The Mrs is able to work from home in her current position, and has great healthcare.

Our new home is a great upgrade from our MARYLAND residence, taxes and auto insurance are considerably less and no more snow and far less traffic, a huge quality of life improvement for us.

Stop thinking about it and do it, you’ll be happier and more relaxed than you know.

[Anonymous]

I’m 46. I’m hoping I can stop full time at 55, if not completely stop.

[Anonymous]

I’m 46. I’m hoping I can stop full time at 55, if not completely stop.

[Anonymous]

43. Never or when I win the lottery.

[Anonymous]

I could technically retire at 58 in three years but will probably work till 62.