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Old 10-03-2011, 01:45 PM
 
3,673 posts, read 4,937,285 times
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Quote:
Originally Posted by Caltovegas View Post
Retire from what?? The need to work or just working? Find something you like to do and take vacations.
I would say every decade our mindsets change.. Today in the thirties it may be major traveling, snorkeling, fishing, night clubs, etc..At 40, 50 or 60 and above there is a different mindset.

Retire from what, for what? Life has to have a purpose or it can be boring..
Retire from 'having to work'!
i work and do what i enjoy and i travel quite a bit.....but i'd like to reach a point where i can get up when i want, do what i want, and go where i please anytime, all the time. basically every day will be like a weekend lol

who said anything about a purpose?
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Old 10-03-2011, 02:50 PM
GLS
 
1,985 posts, read 4,848,058 times
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Quote:
Originally Posted by Curmudgeon View Post
...... Family history would indicate that I have only about six years to go. If that's the case they're gonna be some damn fine six years, as will 10-15 that could follow. Life's too short to live in fear regardless of how long it lasts, or not!
Great attitude. Besides, it would be very "cumudgeonesque" to stick around a while just to irritate people who are irritatingly pleasant all the time.
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Old 10-03-2011, 04:11 PM
 
Location: SW MO
23,605 posts, read 31,492,863 times
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Quote:
Originally Posted by Caltovegas View Post
Retire from what, for what? Life has to have a purpose or it can be boring..
Purpose? Just living. Boring or not, it beats the alternative!

If your life hasn't had meaning while you worked, it won't when retired.
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Old 10-03-2011, 05:00 PM
 
Location: Maryland
1,534 posts, read 3,782,708 times
Reputation: 2307
Herewith, I shall gift the OP with great wisdoms (for free, really!):

At the immediate moment, you're alive wherever you are, next moment - a falling meteor may wipe you out (insert a gazillion other scenarios).

Great Wisdom: Live to enjoy the moment.

Fast forward to a gazillion other tomorrows: It is advisable to have planned to have the necessary lucre to pay your tabs. It is the way life is - those who don't have less fun.

End of Great Wisdoms.
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Old 10-03-2011, 05:14 PM
 
Location: Lakewood OH
21,697 posts, read 23,672,920 times
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Worst case senerio: you retire at 64 and die at 68.

But what you do in those last four years is what makes it all worthwhile.
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Old 10-04-2011, 10:22 AM
 
Location: Toronto, Ottawa Valley & Dunedin FL
1,409 posts, read 2,355,691 times
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Quote:
Originally Posted by Minervah View Post
Worst case senerio: you retire at 64 and die at 68.

But what you do in those last four years is what makes it all worthwhile.
Absolutely. That's why my motto these days is, "carpe diem". At this phase of our lives, we are facing the grim reaper squarely, and I want to have as much fun as I can before I actually pop off.
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Old 10-04-2011, 10:54 AM
 
144 posts, read 287,018 times
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Quote:
Originally Posted by Caltovegas View Post
Retire from what?? The need to work or just working? Find something you like to do and take vacations.
I would say every decade our mindsets change.. Today in the thirties it may be major traveling, snorkeling, fishing, night clubs, etc..At 40, 50 or 60 and above there is a different mindset.

Retire from what, for what? Life has to have a purpose or it can be boring..
Well I like my job as long as I can do what I want. But I'm tired of idiots telling me what to do, etc..

That's what I want to retire from.
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Old 10-04-2011, 11:14 AM
 
Location: Austin
4,102 posts, read 7,366,005 times
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Quote:
Originally Posted by Thinking-man View Post
When you hear on the news about healthy older folks all of a sudden being diagnosed with Cancer or something and dying before they even reach 70, do you ever wonder if the 'current system' is fitting for 'you'?

My goal is to retire at 50 (at the latest) and i'm saving accordingly.....but i'm considering my 'expiration date' to be at 85...which seems at times to be too optimistic!

i'm 30 now, healthy, never smoked, never drank......but yet, i worry that i may retire at 50, and only have a few years to live before dying.

It almost makes you want to save up and "retire" by 40, so that you have at least a couple of decades of retirement....
in other words, why work hard and save hard until 64, and then die "rich", when you can saved hard until 40 and die without having much. (you won't need the money when you're dead anyway)

anyone ever think that way?
Maybe you should find a fulfilling career instead of thinking this way.
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Old 10-04-2011, 11:45 AM
 
2,912 posts, read 3,550,705 times
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Quote:
Originally Posted by stockproipi View Post
Well I like my job as long as I can do what I want. But I'm tired of idiots telling me what to do, etc..

That's what I want to retire from.
A friend of mine, who was an older PhD-level engineer, decided that when he retired he would hire a 25-year-old MBA to stop by twice a week and tell him (the retiree) just how stupid he (the retiree) was.
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Old 10-04-2011, 11:53 AM
 
51,960 posts, read 41,815,822 times
Reputation: 32416
Quote:
Originally Posted by Thinking-man View Post
When you hear on the news about healthy older folks all of a sudden being diagnosed with Cancer or something and dying before they even reach 70, do you ever wonder if the 'current system' is fitting for 'you'?

My goal is to retire at 50 (at the latest) and i'm saving accordingly.....but i'm considering my 'expiration date' to be at 85...which seems at times to be too optimistic!

i'm 30 now, healthy, never smoked, never drank......but yet, i worry that i may retire at 50, and only have a few years to live before dying.

It almost makes you want to save up and "retire" by 40, so that you have at least a couple of decades of retirement....
in other words, why work hard and save hard until 64, and then die "rich", when you can saved hard until 40 and die without having much. (you won't need the money when you're dead anyway)

anyone ever think that way?
I've had similar thoughts and each person has to strike a balance in their life as it is solely a personal choice.

The things you have to watch out for in your case are:

1) Are you going to pass up opportunities you will regret later in life because you didn't want to spend the money?

2) If you retire at 80 might you have regrets you retired a little too early and lack the resources to deal with an unexpected situation.

I became a widower at age 38 so I'm acutely aware of the scenario. I regret not having spent more on my wife before she passed so that she could enjoy certain things but hindsight 20-20 and all that.

As a result, I have saved but also have indulged in an extravagance or two.
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