Realistically we will be lucky (knock wood!) if we are able to retire at 65. We are 45 now. Got started saving for retirement very late. Trying to catch up.

It's really hard to think that far in the future, I find. There's just so many variables. But yeah - if we can retire sometime between 65 and 70, and be comfortable, that would be great.

47 yo F - until I am 60 and can retire with full pension and access to 401(k) without penalty.

As long as I can? Don't make much money; Social Security will be tapped out by the time I'm retirement age. I'll work till they throw my wrinkly butt out the door.

52, female.

I hope to always work in some fashion. I expect that by my 70's it will be part-time, or volunteer, but I like working. I like engaging w/ people, contributing something useful, learning new skills, etc...

I very much hope that continued contributions to society will be part of a long, rich life for me.

Anonymous wrote:

Anonymous wrote:I plan to retire at 62 and to tell people that I am "consulting" part-time until I am around 67, even though in reality I hope to be retired full-time.

Why lie?

PP here. I'm just making fun -- not terribly effectively, apparently -- of all the people who say they plan to do a little consulting after they leave full-time work but before they fully reitre. Yes, I'm sure some do, especially in a region like DC where people have skills that are in demand and there are many employers to potentially sell such skills to.

But I also think that, in the case of some of these people, the idea that they are "consulting" is a way to sugar-coat an unwanted job loss or to persuade themselves that they are not quite put-out-pasture just yet.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Logically, how can someone work 40 years, have kids, own a house, and save enough to retire and live another 30 years? You never know what other challenges are down the road, including children's needs.

They can’t. They are bragging.

If course you can. If I work 40 years, I'll be 65. I am 47 now, and have a net worth of around $2m. That's likely to triple in the next 15 years, based on appreciation, savings and earnings (both active and passive). That'll be more than enough to retire at 62.

I am by no means an anomaly in DC and its suburbs.

I think your right. 15 years of appreciation plus adding in more can easily get you there if you have discipline.

Anonymous wrote:

Anonymous wrote:Logically, how can someone work 40 years, have kids, own a house, and save enough to retire and live another 30 years? You never know what other challenges are down the road, including children's needs.

They can’t. They are bragging.

If course you can. If I work 40 years, I'll be 65. I am 47 now, and have a net worth of around $2m. That's likely to triple in the next 15 years, based on appreciation, savings and earnings (both active and passive). That'll be more than enough to retire at 62.

I am by no means an anomaly in DC and its suburbs.

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.

Anonymous wrote:I plan to retire at 62 and to tell people that I am "consulting" part-time until I am around 67, even though in reality I hope to be retired full-time.

Why lie?

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.

never, I love working. part time, 3 day a week, loving life

When my kids are out of college - 2 years - my mortgage is fully paid off - 3 years - and I have achieved my FU level so it’s likely 5 years.

I plan to retire at 62 and to tell people that I am "consulting" part-time until I am around 67, even though in reality I hope to be retired full-time.

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

Anonymous wrote:I'm 65 and my goal is never to retire. I run a consulting firm and my intent is to position it to sell in the next five years and after that I will consult with similar firms who want to be acquired. I want to be engaged in business and be challenged every day.

I have a number of friends who are five to ten years older than me who retired at 60, 55, and earlier. Those with a substantive hobby or other interests have done well. Those without any real interests have drifted along.

My two cents, YMMV......

This. My father retired early at 60 in 2000. Stopped running with the world and at first it seemed great. But he's lived a lot longer than he thought - I always thought he would live longer - and he struggles now. It has been a visceral lesson in not punching out too early.