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Reply to "Why does it seem like everyone wants to retire early?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] Only 15% of people voluntarily retire The other 85% are forced due to physical problems/ailments or are fired at an age where nobody will hire them for the same kind of job (and they have enough saved to have an OK retirement…but not the retirement they wanted).[/quote] This. I'm mid-50s and my parents were forced out when they were my age. It was a shock to them, and as a result I saved enough $ so that it wouldn't be a shock to me. On top of that, I'm friggin' tired. I've been working since I was 12. Honestly, I'd love to take a year or so off and then re-evaluate, but agism is real, and getting hired in your 50s-60s is rare. I feel like I've got plenty to do - hobbies, kids, travel, 2 houses to take care of, old people to take care of, maybe future grandkids, etc. Upside: I'm set to retire. Downside: I have a scarcity mindset.[/quote] I feel similarly. I have been working since I was 15, and my current job ishigh stress with long hours. After doing it for 25 years I am burnt out. My kid are also in high school. If I could safely take a year or two (or four) off to reset body and mind and focus on my kids, I would do it in a heartbeat. But there is no guaranteed on-ramp back into the workforce, especially not at the level I occupy. I feel I have no choice but to push through the next 8-10 years and then I can retire or downshift. If I do retire early, I will have an adequate but not at all flush retirement lifestyle, but I am ok with it. [/quote] I decided to take the time off and if I have to go back to work I know I'll have a difficult time getting a job, and it definitely won't be at the level I left. Only time will tell if I made a horrible mistake! [/quote]
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