Retire rich or retire early? - Page 3

Ashcan Bill · 04-26-2012, 12:16 PM

Quote:

Originally Posted by Madman31

What do people who retire early do all day anyway?

Although it's a little tough for me to understand personally, there are people who have no hobbies, no interests, no social contacts outside of their work. These people honestly should be careful when it comes to retiring. They'll have a hard adjustment and probably won't be that happy.

I retired when my company offered an early out, and around 1200 people went with me. We had 10 leave just from my department; guys I'd worked with for over a quarter of a century. One of these guys went into depression for over a year after we left. While the rest of us were grinning ear to ear, he honestly didn't know what to do. His job had been his life. He's finally made the adjustment and is doing okay, but he's not as happy as the rest of us.

If you honestly don't know what you'd do with your time, maybe retiring isn't for you. There are people who truly struggle with it.

croatan · 04-24-2012, 02:35 PM

Like most lawyers I know, I can't really ever see myself retiring completely, but more time on the golf course and fewer hours in the office would be ok at some point

CigarNut · 04-24-2012, 02:35 PM

For me retirement depends upon being able to maintain my lifestyle. My home is not paid off, so my wife and I need enough money in the bank to pay off our few debts and still have enough left to live off of.

Not sure I will ever be fully retired; more likely I will have a part time job doing something really different that will pay for my cigars

My original plan was to retire (do something different) last year, but I was layed off back in 2007 and out of work for a couple of years and that put a big kink in things.

If I am lucky I will be able to "retire" in 4 years.

HollywoodQue · 04-24-2012, 02:40 PM

You can't take it with you, so I suggest to enjoy the rest of your life because tommorrow isn't guaranteed to any of us!!!

Bill86 · 04-25-2012, 11:18 PM

Quote:

Originally Posted by HollywoodQue

You can't take it with you, so I suggest to enjoy the rest of your life because tommorrow isn't guaranteed to any of us!!!

This is a great point.

Why not split the difference and work till 57 or so and live MIDDLE middle class?

Seems like a good option.

poker · 04-26-2012, 12:34 PM

Already made the decision to retire overseas in Northern Thailand. Looking to hang up my hat in the workforce in the next 3-5 years.

icehog3 · 04-26-2012, 02:41 PM

Quote:

Originally Posted by poker

Already made the decision to retire overseas in Northern Thailand. Looking to hang up my hat in the workforce in the next 3-5 years.

Looking forward to Thailand Herf I!

jdakine · 04-26-2012, 05:03 PM

Quote:

Originally Posted by poker

Already made the decision to retire overseas in Northern Thailand. Looking to hang up my hat in the workforce in the next 3-5 years.

Heard!!!

Wife and I are thinking Hua Hin or Chang Mai. 5 to 6 years is the target at this point. Good times

pnoon · 04-26-2012, 03:04 PM

One baht!
Posted via Mobile Device

poker · 04-26-2012, 03:44 PM

You'll all be invited once our home is built, I promise.

04-24-2012, 02:35 PM	#2
croatan Missing Peter Join Date: Oct 2008 First Name: James Location: la Vuelta Abajo Posts: 3,727 Trading: (6)	Re: Retire rich or retire early? Like most lawyers I know, I can't really ever see myself retiring completely, but more time on the golf course and fewer hours in the office would be ok at some point __________________ Fumo ergo sum.

04-24-2012, 02:35 PM	#3
CigarNut Fck Cancer! Join Date: Jan 2009 First Name: Michael Location: Clermont, Florida Posts: 18,042 Trading: (111*)	Re: Retire rich or retire early? For me retirement depends upon being able to maintain my lifestyle. My home is not paid off, so my wife and I need enough money in the bank to pay off our few debts and still have enough left to live off of. Not sure I will ever be fully retired; more likely I will have a part time job doing something really different that will pay for my cigars My original plan was to retire (do something different) last year, but I was layed off back in 2007 and out of work for a couple of years and that put a big kink in things. If I am lucky I will be able to "retire" in 4 years. __________________ Need Beads? Need Five Finger Bags? 2 of 3 Requirements for use of the CA Rolodex: 100 posts/ 60 day membership/ participation in trade (trader rating). New members can be added at any time.

04-24-2012, 02:40 PM	#4
HollywoodQue Invictus Join Date: Oct 2010 First Name: Howard Location: In the "D" Posts: 3,123 Trading: (46)	Re: Retire rich or retire early? You can't take it with you, so I suggest to enjoy the rest of your life because tommorrow isn't guaranteed to any of us!!! __________________

04-26-2012, 12:34 PM	#6
poker 1:11 Join Date: Oct 2008 First Name: Kelly Location: SoCal Posts: 5,280 Trading: (7)	Re: Retire rich or retire early? Already made the decision to retire overseas in Northern Thailand. Looking to hang up my hat in the workforce in the next 3-5 years. __________________ Cigar Asylum: A cigar board birthed without agendas, without profiting, and without advertisements. Amor puro Character is what you do when no one is watching

04-26-2012, 03:04 PM	#9
pnoon YNWA Join Date: Oct 2008 First Name: Peter Location: San Diego Posts: 29,919 Trading: (20)	Re: Retire rich or retire early? One baht! Posted via Mobile Device

04-26-2012, 03:44 PM	#10
poker 1:11 Join Date: Oct 2008 First Name: Kelly Location: SoCal Posts: 5,280 Trading: (7)	Re: Retire rich or retire early? You'll all be invited once our home is built, I promise. __________________ Cigar Asylum: A cigar board birthed without agendas, without profiting, and without advertisements. Amor puro Character is what you do when no one is watching