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Old 01-27-2008, 11:02 PM
 
791 posts, read 2,693,357 times
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For those of you already retired.....

I have many many years until I retire and often wonder what fabulous careers are out there and thought I would ask those already retired what you think.

Did you have an occupation that you really enjoyed and made great money at, if so what was it and how long did you do it for?
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Old 01-28-2008, 06:41 AM
 
Location: Home is where the heart is
15,400 posts, read 25,823,369 times
Reputation: 18992
Quote:
Originally Posted by redwhiteblue View Post
For those of you already retired.....

I have many many years until I retire and often wonder what fabulous careers are out there and thought I would ask those already retired what you think.

Did you have an occupation that you really enjoyed and made great money at, if so what was it and how long did you do it for?
I spent ten years doing Workers Compensation fraud investigation in southern California. I don't know if I would call it "fabulous" but it was certainly interesting. For awhile, it was a lucrative business... but then the State of California passed a senate bill restricting how much the govt. would pay for the investigations. Overnight, most surgeons refused to participate (they were required to examine the injuries). The business that remained became dubious medical mills. So I wouldn't recommend that line of work anymore. But in its day, it was a lot of fun.
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Old 01-28-2008, 07:05 AM
 
Location: Forests of Maine
30,680 posts, read 49,443,611 times
Reputation: 19129
"fabulous career"

Not really, I served aboard various submarines. I earned an average of $65k/year tax-free.

I studied different skills each year, and became proficient in many tasks.

Picked up a few degrees.

I was very proud of my work and what we were doing; and we have lived in a lot of different cultures.

We moved around a lot. Got settled in and used to one city just as it became time to move again.

I made enough though that we were able to do a lot of investing.

Our investment portfolio enabled us to buy our retirement home using cash, so we have no mortgage.
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Old 01-28-2008, 03:42 PM
 
Location: Lovelock, NV - Anchorage, AK
1,195 posts, read 4,993,656 times
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Spent the last 8 years in a stress free job, a wonderful boss and the greatest people working for me. I pretty much come and go as I please but also feel guilty if I do it too much, pay is just slightly over $70,000. Planning on leave this summer to retire and move away with my husband. I'm an Admistrative Manager working in a 5 person office. Very much a job that one waits for and is blessed to have it, but it's time to venture into a new chapter of our lives.
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Old 12-18-2013, 09:43 PM
 
13 posts, read 18,641 times
Reputation: 32
Smile retired at 52 .. now 62

Quote:
Originally Posted by redwhiteblue View Post
For those of you already retired.....

I have many many years until I retire and often wonder what fabulous careers are out there and thought I would ask those already retired what you think.

Did you have an occupation that you really enjoyed and made great money at, if so what was it and how long did you do it for?
retired and was able to help wife do the same 5 yrs ago .. we make a little more than when we worked
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Old 12-18-2013, 09:47 PM
 
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what do most people think a good retirement income annually would be ???
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Old 12-18-2013, 09:48 PM
 
13 posts, read 18,641 times
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most middle class couples think $100,000 would be more than enough
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Old 12-19-2013, 05:35 AM
 
Location: Mount Airy, Maryland
10,460 posts, read 5,926,819 times
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I was a high level EPA employee who never actually went to work. I got away with this by claiming that I was a spy working in Pakistan when in fact I was home mowing my lawn and reading novels. It's great work if you can find it.
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Old 12-19-2013, 09:18 AM
 
Location: Forests of Maine
30,680 posts, read 49,443,611 times
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Quote:
Originally Posted by retiredbig60 View Post
retired and was able to help wife do the same 5 yrs ago .. we make a little more than when we worked
Good for you
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Old 12-19-2013, 12:36 PM
 
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
22,561 posts, read 39,944,045 times
Reputation: 23694
Quote:
Originally Posted by redwhiteblue View Post
For those of you already retired.....

I have many many years until I retire and often wonder what fabulous careers are out there and thought I would ask those already retired what you think.

Did you have an occupation that you really enjoyed and made great money at, if so what was it and how long did you do it for?
fabulous careers / great money
gonna be different for everyone (Some people can take a structured environment, others need SPACE to think and work)

Fabulous MONEY would have been a double income (working spouse). And as such, retirement by age 35 would have been possible for me. (or as a frugal single with a good job...). My double income came only from working 2 jobs. ... I was able to retire at age 49.

Please consider finding something BESIDES a wage based career, as the future is bleak to cover inflation, taxes, (fees) and benefits for worker bees. I do have confidence in a better economy, but the 'smart' workers are always a step ahead of their employers and money hungry government.

Having diverse methods to make money, and getting that money Working For You, (and preserving the earnings) will be the way to growing and sustaining wealth. The formula for doing that successfully is very 'era' / opportunity / skillset / interest dependent.

Land speculation and commercial property rehab and re-sell worked best for me (and added about the same value as my working / saving / investing 35 yrs of wage income).

I bought my first home at age 19, and lived on PT jobs and never touched my salary from fulltime job till age 35 (married with kids /pets and farm) . 100% went to investments / retirement (from age 17 - 35).
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