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Old 09-07-2017, 12:06 PM
 
Location: Texas
1,972 posts, read 1,378,376 times
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I was planning for 55, but a retirement opportunity came in the form of a great retirement package from the corporation at age 50. I retired at that time and never looked back, possibly the best decision that I ever made.
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Old 09-07-2017, 12:07 PM
 
Location: Over yonder a piece
3,913 posts, read 4,658,387 times
Reputation: 6247
67, which is my FRA. The only way I retire before that is if I win the lottery or inherit an unexpectedly large sum of money.
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Old 09-07-2017, 12:52 PM
 
3,351 posts, read 3,057,079 times
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Quote:
Originally Posted by fluffythewondercat View Post
but for now i'm still addicted to the money and all the choices that come with money.
amen!
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Old 09-07-2017, 12:59 PM
 
12,825 posts, read 20,163,751 times
Reputation: 10910
Quote:
Originally Posted by LesserSeneca View Post
I'll retire at 67. Won't collect SS until 70. My wife will retire when I do, but she'll be 63. We'll see what SS rules are in place for spouses and such in 20 years.


Until then, we're trying to save as best we can.
It's great to see this. A nice counterpoint to many of these posts. So many retiring so young. Great if the numbers work. For most people, the numbers would not allow retiring prior to FRA, so early retirement would be ill advised.
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Old 09-07-2017, 01:03 PM
 
12,825 posts, read 20,163,751 times
Reputation: 10910
Quote:
Originally Posted by Girl View Post
67, which is my FRA. The only way I retire before that is if I win the lottery or inherit an unexpectedly large sum of money.
Similar here. I'd add to that, an IPO. But I need to face the facts it's harder for old farts like me to find a good pre-IPO start up who wants me.
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Old 09-07-2017, 01:11 PM
Q44
 
Location: Hudson Valley, NY
895 posts, read 767,512 times
Reputation: 1761
I'm 58 now, ideally retirement will be at 61 and 9 months. That would be in June of 2021 and that's when my wife turns 60 and the school year ends for her and we would love nothing more than to retire together. However if the company offers a package any time after I turn 61 it will be time . . .
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Old 09-07-2017, 01:17 PM
 
Location: East of Seattle since 1992, originally from SF Bay Area
29,863 posts, read 54,568,102 times
Reputation: 31238
I am 65 now and still working at a job I enjoy, with great pay and benefits, at a very nice location. With every additional year adding to both my pension and SS until 70, as long as I am healthy and enjoy the work, that would be the latest I would stay, so at most 5 more years.
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Old 09-07-2017, 07:04 PM
 
Location: Virginia
8,121 posts, read 12,697,923 times
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Some time between 52 (six years from now) and 55. Most likely it will be the higher age. After retiring from my current job I'll probably do something else part-time to at least pay for health insurance.
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Old 09-07-2017, 07:32 PM
 
Location: Scottsdale, AZ
7,737 posts, read 4,750,544 times
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Quote:
Originally Posted by Submariner View Post
If you applied for a SS account and assuming that you have paid into your SS account, then you should be eligible for SS.

That is the 'retirement plan' that many people are planning on using.
Haha. Oh, you're killing me.
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Old 09-07-2017, 08:17 PM
 
Location: South Park, San Diego
4,948 posts, read 7,610,211 times
Reputation: 9283
Both of us hoping to retire in three and half years at 59-60 years old. I think it depends somewhat on what the healthcare/ insurance situation pans out, but we expect to be able to be able to fairly easily afford that expense for five years. Our expected income doesn't factor in SS, but obviously we acknowledge that payout will be there for us.

House is paid off which we love, along with the neighborhood, city and region, so we are not stressed with finding that place to relocate to to be able to afford retirement. Having a huge chunk of home equity available at anytime does though still expand our potential horizons. We are healthy and fit 56 year olds who enjoy traversing about in all kinds of urban and rural areas so are looking forward to exploring what is out there and taking on what challenges come our way. My father died at 57 so hoping not to have inherited his genes- he had his first heart attack at 37 and I so far have no health issues to speak of, but still, just in case, I want to live some retirement years my way.

Great hearing about other folks stories and goals.
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