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Old 12-30-2016, 09:29 PM
 
Location: Planet Woof
3,139 posts, read 3,504,154 times
Reputation: 9889

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Filed for SS at age 62 and have a part-time contract job where I work from home and set my own hours. I can still work part-time and make up to a certain amount each month without having to pay SS. Don't know how long I will do this as I am not getting hours from them lately.
I have hobbies and interests and enjoy freedom and autonomy. I learned to live very frugally during the recession and so feel ''rich'' with SS coming in each month.
''Retired'' doesn't mean you are dead, LOL.
You can go back to work at any time for others or yourself.
Key to me was I asked myself, ''How do I want to spend the time I have left on this earth?'' and I knew MY answer: time to spend my days doing what I wanted, not working for some employer on a schedule. Plus I am a sole caregiver and time with my SO is precious.
Just do what makes YOU happy and make adjustments along the way. There is no right or wrong, just your way, your choice. Enjoy your life and have fun.
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Old 12-30-2016, 09:39 PM
 
Location: Houston
22,491 posts, read 11,581,681 times
Reputation: 9072
I think self employment is something many should try. If not for health insurance I would be retiring in a year and working in real estate for myself. Gotta see how health insurance comes out in the next year. Wife is a diabetic and we both pushing 60 so without subsidies it makes more sense to keep working where I got insurance for 300 a month.
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Old 12-30-2016, 09:47 PM
 
Location: Out there somewhere...a traveling man.
39,522 posts, read 47,675,353 times
Reputation: 110325
Retired at 59 many moons ago with no regrets, never looked back.
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Old 12-30-2016, 10:34 PM
 
Location: annandale, va & slidell, la
7,314 posts, read 3,031,389 times
Reputation: 6123
Hell no! Retired at 62 and never looked back. New Year's Eve last year was my last day.

The freedom is amazing. No alarm clock, no commute, and no company or client emails to respond to.
I get home projects done without interruption and my dogs love the new level of attention.

Only have one boss now----my wife, and she doesn't get home from work until 7PM. I have dinner on the table when she arrives.
After 25-years of my working retail, we have weekends off together.

Retirement has been wonderful, and I fully recommend it.
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Old 12-30-2016, 11:10 PM
 
Location: NNV
1,509 posts, read 967,985 times
Reputation: 3071
The time to make a decision is approaching here. I have three possible dates...the end of 2017 (a couple months shy of my 60th birthday), May 2018 and December 2018. I have run the numbers many times. From a pension perspective, waiting will increase my pension by $100 and $200 per month. Not sure that's worth it. The other is healthcare, which would cost an extra $1000 to $1200 per month. Hmmmmm.

The things that would make me more comfortable retiring early would be buying the retirement home under budget and decent returns in the stock market in 2017. My vote will probably be end of 2017...
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Old 12-31-2016, 01:01 AM
 
Location: Wasilla, AK
7,228 posts, read 4,119,698 times
Reputation: 15545
I retired just over 2.5 years ago, right as I hit 60. I have absolutely no regrets. If I could have retired sooner, I would have.
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Old 12-31-2016, 04:15 AM
 
Location: Arizona
5,939 posts, read 5,293,703 times
Reputation: 17896
I am from a manufacturing area. All major companies had 30 and out. You got your pension at 50 something and a supplemental pension until you turned 62 and collected Social Security. All government workers such as teachers always retired in their 50's. It wasn't until I moved to Arizona that I met people that actually worked until 65.
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Old 12-31-2016, 06:19 AM
 
71,463 posts, read 71,629,249 times
Reputation: 49027
i think a better question is if you took social security at 62 do you regret it ? i doubt anyone regrets retiring at 62 but many polls show quite a few who retired at 62 regret filing so early as they got older and started to see just how long they are living .
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Old 12-31-2016, 06:25 AM
 
Location: North Beach, MD on the Chesapeake
33,875 posts, read 42,076,783 times
Reputation: 43276
Quote:
Originally Posted by thinkalot View Post
I am from a manufacturing area. All major companies had 30 and out. You got your pension at 50 something and a supplemental pension until you turned 62 and collected Social Security. All government workers such as teachers always retired in their 50's. It wasn't until I moved to Arizona that I met people that actually worked until 65.
I taught for over 30 years and can count the number of colleagues who retired in their 50s on one hand, and they went in their late 50s. Many of the others stayed until they were between 65 and 70. Same with the hundreds of civilian state and federal employees I know.
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Old 12-31-2016, 06:29 AM
 
4,343 posts, read 6,052,492 times
Reputation: 10428
We retired at 55 & 58, and if we could've swung it, would've retired sooner. Still learning and growing at 66 & 69, still planning our next move, still dreaming. Bought a snowbird home this year and we're in the midst of decorating our little lair.
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