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View Poll Results: For those who are certain they are going to work in retirement -OR- are working. Why? How often? Che
For the $$ 20 31.25%
For the benefits 5 7.81%
Because I love my current job 6 9.38%
It's a hobby I enjoy AND I earn $$ too!! 10 15.63%
I want to, or have, started working a different line of work or new business owner 9 14.06%
I will stop working but do a small side gig 14 21.88%
I don't believe in the concept of retirement while still able bodied 6 9.38%
I cannot imagine not working 10 15.63%
I do not like being at home with my family and or spouse all the time 4 6.25%
Spouse wants me to keep working 5 7.81%
Job involves travel or residing somewhere else aJob keeps me in good physical shape while earning $ 1 1.56%
I will likely or do, work 10 hrs or less a week 3 4.69%
I will likely or do, work 11-16 hrs or less a week 9 14.06%
I will likely or do, work 16-20 hrs or less a week 10 15.63%
I will likely or do, work 21-25 hrs or less a week 7 10.94%
I will likely or do, work 26-30 hrs or less a week 1 1.56%
I will likely or do, work 30-35 hrs or less a week 2 3.13%
I will likely or do, work 36-40 hrs or less a week 3 4.69%
I am poor living in a less than desirable enviornment. The work enviornment is more appealing 0 0%
I will continue working because I really have no life 3 4.69%
Other 11 17.19%
Multiple Choice Poll. Voters: 64. You may not vote on this poll

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Old 11-11-2018, 08:12 AM
 
3,764 posts, read 3,502,579 times
Reputation: 8933

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Quote:
Originally Posted by MadManofBethesda View Post
Do you have any idea how insulting that statement is to those who have chosen not to work in retirement?

Ironically, you've actually insulted yourself by demonstrating the dearth of intellectual thought that led to you posting such a ridiculous and idiotic statement.
If you can't be diplomatic, kindly keep it to yourself.
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Old 11-11-2018, 09:03 AM
 
Location: Wilmington, NC
1,935 posts, read 348,294 times
Reputation: 3146
I'm going to retire next year, then work part-time until I reach 66 for full retirement social security. I thought about trying to go until 70 but just can't do it - don't have the drive for it anymore.

If I could, I would retire immediately and never work again!
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Old 11-11-2018, 09:20 AM
 
605 posts, read 188,794 times
Reputation: 638
Quote:
Originally Posted by mathjak107 View Post
Dipped so low ? What year are you talking ? We are about 5-10% from all time highs , unless you speculated in individual stocks and took on individual company risk which is more speculating then investing and is never a good idea coming up on retirement .

At any age ,individual stocks can be risky . But diversified funds are just fine which are just market risk..taking on individual company risk is betting on the whims of a particular company .

You hope you picked the right stock at the right time in the right business in the right sector . Even if you got all that right you still donít know what competitors have on their drawing board.

So there is a big difference in risk taking on both market and individual company risk
Is the s&p 500 considered diversified fund since it involves so many companies?
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Old 11-11-2018, 09:22 AM
 
605 posts, read 188,794 times
Reputation: 638
Quote:
Originally Posted by MadManofBethesda View Post
Do you have any idea how insulting that statement is to those who have chosen not to work in retirement?

Ironically, you've actually insulted yourself by demonstrating the dearth of intellectual thought that led to you posting such a ridiculous and idiotic statement.
He is only talking about himself. Relax.
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Old 11-11-2018, 11:10 AM
 
Location: The Berk in Denver, CO USA
14,028 posts, read 20,343,555 times
Reputation: 22749
Quote:
Originally Posted by BumbleBeeHunter View Post
Is the s&p 500 considered diversified fund since it involves so many companies?
Partially.
S&P 500 is largest 500 US companies.
It does not include:
mid-cap
small-cap
foreign
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Old 11-11-2018, 03:35 PM
 
Location: Coastal Georgia
37,101 posts, read 45,622,935 times
Reputation: 61718
Hubby works at HD, about 24 hours a week. He likes early mornings, so he’s home by 10:00 or so. He has always worked around, and enjoys, tools and construction, and he’s super organized so the job fits him.
The extra money keeps us from dipping into the IRAs.
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Old 11-11-2018, 03:46 PM
 
71,529 posts, read 71,712,424 times
Reputation: 49115
Quote:
Originally Posted by BumbleBeeHunter View Post
Is the s&p 500 considered diversified fund since it involves so many companies?
Yes it is from a risk standpoint . No it is not from a market segment view as it is only large caps
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Old 11-11-2018, 04:00 PM
 
Location: Wooster, Ohio
1,036 posts, read 786,625 times
Reputation: 1490
I work part-time for the Medicare credits I needed, and in order to continue to contribute to my Roth IRA.
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Old 11-11-2018, 07:22 PM
 
Location: Coastal New Jersey
56,041 posts, read 54,552,165 times
Reputation: 66393
Quote:
Originally Posted by kmarc View Post
If you're working, you're not retired. You might be semi-retired if you're working part time.
Yeah, that's said fairly regularly on this forum, but I think it's splitting hairs.

I am 60. Retired almost three years ago from a 37-year public-sector career and receive a state pension.

I retired with debt, so I planned to work post-retirement. It made sense to do it that way for several reasons.

Someone asked me to do some independent contractor work five weeks after retirement. After that, I worked part-time, two days a week in an office, two days a week at home, and I knocked the hell out of the debt. Through what I was doing there, I ran into an old business acquaintance who offered me a job. I worked there three days a week. I killed all debt except the mortgage.

This year I worked about half the time I worked last year. Last week I worked 12 hours. Now I won't work again until December. I travel every month. I do consider myself retired despite the part-time job. There's no stress.
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Old 11-11-2018, 08:33 PM
 
3,455 posts, read 2,327,428 times
Reputation: 6998
I plan to work 2 days a week after I retire from my full-time job (some time in the next decade). I love what I do and I get a lot of satisfaction from it. And the money is good.
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