Anonymous
10/30/2025 18:03
Subject: Is retirement an age or an asset number for you?
Healthcare is something to figure in. For most it will not be affordable before 65. Unless you build it into your number.
Anonymous
10/30/2025 15:43
Subject: Re:Is retirement an age or an asset number for you?
It's everything, and also health condition and family situation (being a caretaker or having kids who need help). Sometimes you just cannot work full time, which is what is required in many fields and also to qualify for discounted health insurance. Sometimes people are forced to retire especially at a certain age when employment in their field is hard to find and it's hard to keep up with younger workers and they are laid off.
Overall, from retirement common sense perspective it's definitely a number, because there is a certain income and NW that can pay all your expenses and guarantee you survive given you aren't invested in risky assets or something major (like a crash) doesn't happen.
Overall, from retirement common sense perspective it's definitely a number, because there is a certain income and NW that can pay all your expenses and guarantee you survive given you aren't invested in risky assets or something major (like a crash) doesn't happen.
Anonymous
10/30/2025 15:37
Subject: Re:Is retirement an age or an asset number for you?
Is part time work available in your field? In a lot of professional careers it is not available.
Anonymous
10/30/2025 15:28
Subject: Is retirement an age or an asset number for you?
An age. 62.
Anonymous
10/30/2025 15:27
Subject: Is retirement an age or an asset number for you?
it's a cash flow number.
I want 25k a month to spend. Once i can get that from any source - investments, real estate or other passive income streams... I am done
I want 25k a month to spend. Once i can get that from any source - investments, real estate or other passive income streams... I am done
Anonymous
10/30/2025 15:25
Subject: Is retirement an age or an asset number for you?
Right now 55 but considering extending due to the polical/health care/market instability.
Anonymous
10/30/2025 15:24
Subject: Is retirement an age or an asset number for you?
Neither, after this last year.
It looks like there may or may not be any affordable healthcare coverage, social security is in danger, and it would be risky for anyone who isn't a multimillionaire to make any plans that involve not working.
It looks like there may or may not be any affordable healthcare coverage, social security is in danger, and it would be risky for anyone who isn't a multimillionaire to make any plans that involve not working.
Anonymous
10/30/2025 15:22
Subject: Is retirement an age or an asset number for you?
Anonymous wrote:It all depends on what happens with the ACA and if there is a healthcare option to be purchased.
This is important for us as well.
The cost of medical care is so, so expensive. I wouldn't want to be without a good health care policy
Anonymous
10/30/2025 15:08
Subject: Is retirement an age or an asset number for you?
Asset number. Hopefully I can be done with full time by 55.
Anonymous
10/30/2025 15:06
Subject: Re:Is retirement an age or an asset number for you?
Anonymous wrote:My DH plans to "retire" from his career job at 60 - which is in 4 years. He has a really long commute and a very stressful job. Our two older children are launched and Our youngest is a junior in college, who will hopefully be launched by then. DH has a security clearance and has always had to work in person. He is going to look for a job really close to home (or maybe even virtual) and is willing to take a significant pay cut. He's willing to do something completely different, maybe even retail, as long as he has medical insurance. When he hits 65 and is eligible for Medicare, he may completely retire. Since we've had our DC, I've always worked very part time - more like a hobby job. I'll keep doing the same until he's ready to completely retire.
What's your hobby job? I'll be interested in one in the future, but I haven't come across any that sound enjoyable to me.
Anonymous
10/30/2025 15:05
Subject: Is retirement an age or an asset number for you?
Goal was age 55 and $10M. Now 54 and $13M + paid off house. DH is retired, I am remote WAH while kids finish college.
Anonymous
10/30/2025 14:57
Subject: Is retirement an age or an asset number for you?
Anonymous wrote:Anonymous wrote:A number. TikTok will keep me up to date on societal trends.
It's not social trends. It is the active use of your brain. Reading and hobbies are all great but they will not replace work for keeping your brain trained and sharp. If you are 60 today and in good health -- living to 90 is not crazy. That is a long time with brain decline which does happen when work ends.
It won’t happen to me. I hate my job, but have a limitless curiosity about the world. I will learn new languages, travel as much as my health allows, and read and write.
Anonymous
10/30/2025 14:55
Subject: Is retirement an age or an asset number for you?
We set it as a threshold, minimum $8M excluding 529. $10M if retiring before 55.
We have around ~$6M and almost 50, so will likely stick it out for 5 more years and then retire.
We have around ~$6M and almost 50, so will likely stick it out for 5 more years and then retire.
Anonymous
10/30/2025 14:35
Subject: Is retirement an age or an asset number for you?
Number definitely. I would retire tomorrow if I won the lotto!
Anonymous
10/30/2025 14:25
Subject: Is retirement an age or an asset number for you?
Anonymous wrote:Anonymous wrote:Both. I feel like I need to work until both kids are out of college no matter the asset number.
Anyone else feel that way?
Yes, but thankfully my child will have graduated college when I am 49 (unless something crazy happens), so even if he goes to grad school he'll probably be done before I would have been considering retirement anyway.
55 seems good.
Amish or Orthodox?