Finster Posted December 13, 2017 Report Share Posted December 13, 2017 I wish I had worked more...... said nobody ever on their death bed Link to comment Share on other sites More sharing options...
Lagerhead Posted December 13, 2017 Report Share Posted December 13, 2017 30 mins ago, dena said: I have seen a lot of folks retire, and not one has said they should have stayed working, in fact, the opposite is true. To a man they say get out at the earliest opportunity. As long as the wife is on board with it, I say GTFO. I wish I could retire tomorrow. Become a crossing guard and fish. I love when we make way past the breakwater at first light and head out, there's nothing better, the whole rest of the world just melts away for me. (*edited - member formerly known as 'windknot') Link to comment Share on other sites More sharing options...
HopHead Posted December 13, 2017 Report Share Posted December 13, 2017 2 hours ago, Belmo said: I say you quit everything, give away all your stuff, live in a van down by the river, and drop acid and listen to Foghat records all day. Just because it works for you belmo doesn't mean it will for everyone. * Diversity makes us stronger! Link to comment Share on other sites More sharing options...
passiton Posted December 13, 2017 Author Report Share Posted December 13, 2017 6 hours ago, Lagerhead said: Congrats on being in a position to consider at a younger age. So your side business becomes your main source of income. Things to consider.... -Health care for you and family. -Will you get the supplemental health care insurance from your current job at 65? - Creating and contributing to a SEP. - income security If you feel good about your those items, then go for it. Its my current 3 part plan.. 401k SS Government pension Im done at 63. What's SEP stand for? NOBODY here has a pass to blow out someone else's candle in order to make theirs shine brighter. TLDig[ Link to comment Share on other sites More sharing options...
Kings over Queens Posted December 13, 2017 Report Share Posted December 13, 2017 Self employed pension. Hybrid 401k type thing. #otterlivesmatter Link to comment Share on other sites More sharing options...
redfishkiller Posted December 13, 2017 Report Share Posted December 13, 2017 my early retirement plan is to die quickly and cheaply before i'm to old to work, then my wife gets 3/4 mil, in insurance, a thirty year old boy friend and moves to the caribbean how lucky am i to have something that makes saying goodbye so hard Shooting a coon in a 60ft tree out of a boat in the dark holding a flashlight can be tricky. .. Link to comment Share on other sites More sharing options...
redfishkiller Posted December 13, 2017 Report Share Posted December 13, 2017 seriously, go for it! how lucky am i to have something that makes saying goodbye so hard Shooting a coon in a 60ft tree out of a boat in the dark holding a flashlight can be tricky. .. Link to comment Share on other sites More sharing options...
passiton Posted December 13, 2017 Author Report Share Posted December 13, 2017 32 mins ago, Kings over Queens said: Self employed pension. Hybrid 401k type thing. Gotcha', figured it was something like that. Healthcare would cost me between nothing and $450 a month. I'm fighting to get the chance to buy back some uncredited years of service that would put me back under the healthcare provisions I had when I started working in school, restoring me to no cost bennies. If I have to pay it's pretty reasonable. I'm not too worried about the side gig becoming boring or unpleasant. I see a variety of people for a wide range of issues and haven't gotten bored after 12 years of doing so. 2 years in independent practice has been even better than the ten in an agency. I'm thinking this is a go, pending a bit more research and the outside possibility I could get offered better terms to stay a bit longer (would bump my pension). I've got some juice locally that brings me a lot of referrals and am turning away business, so I'm pretty confident I can take care of myself and my family. When I do the math I can work 40 to 45 weeks a year and am very likely to earn 25 to 50 percent more than I am now for about 25% less of a time commitment. NOBODY here has a pass to blow out someone else's candle in order to make theirs shine brighter. TLDig[ Link to comment Share on other sites More sharing options...
MikeM58 Posted December 13, 2017 Report Share Posted December 13, 2017 (edited) Time becomes so much more important as you get older. I'm 58 and I'll be all done next year (like you, I have a side gig for income, but at a much lower time commitment). I'm starting to see a lot of old friends my age, and a little older, dying off. Cancer, heart conditions, strokes, etc, etc. Some of these guys kept themselves in pretty good shape too. Life gives no guarantees. If you can decrease your stress, work a little less, and still be financially sound, by all means do it. You have done well to put yourself in this position, take advantage of it, you've certainly earned it. Good luck with your choice, but I know what I'd do. Edited December 13, 2017 by MikeM58 Link to comment Share on other sites More sharing options...
Belmo Posted December 13, 2017 Report Share Posted December 13, 2017 7 mins ago, MikeM58 said: Time becomes so much more important as you get older. This might be the truest thing ever posted here. I didn't like childhood, and I have no desire to relive it, but one thing about wee ones that I envy is that time to them is not finite, or limited -- they got all the time in the world in front of them. I envy the hell out of that. Terri Mae does not approve this message, but screw him. Link to comment Share on other sites More sharing options...
Finster Posted December 13, 2017 Report Share Posted December 13, 2017 12 mins ago, Belmo said: This might be the truest thing ever posted here. I didn't like childhood, and I have no desire to relive it, but one thing about wee ones that I envy is that time to them is not finite, or limited -- they got all the time in the world in front of them. I envy the hell out of that. there's a shocker... Link to comment Share on other sites More sharing options...
HugeDinghy Posted December 13, 2017 Report Share Posted December 13, 2017 I always scratch my head when people list " nobody to play with" as a downside. That would be a selling point to me. Link to comment Share on other sites More sharing options...
Jdeadman66 Posted December 13, 2017 Report Share Posted December 13, 2017 1 hour ago, HugeDinghy said: I always scratch my head when people list " nobody to play with" as a downside. That would be a selling point to me. Yeah time alone is a rare and valuable commodity Link to comment Share on other sites More sharing options...
dena Posted December 13, 2017 Report Share Posted December 13, 2017 2 hours ago, HugeDinghy said: I always scratch my head when people list " nobody to play with" as a downside. That would be a selling point to me. I like to have my family around, but sure do not need anyone to occupy my time. I have one older coworker that hangs on so he doesn't start drinking at 7am Another guy does not want to be home with his wife all day every day...dude, fish, I tell him, golf, something. I don't get it, Once I hit the age, I am gone. Material abundance without character is the path of destruction. -Thomas JeffersonThere are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true. -Soren Kierkegaard Link to comment Share on other sites More sharing options...
Baccigalup Posted December 14, 2017 Report Share Posted December 14, 2017 17 hours ago, passiton said: Gotcha', figured it was something like that. Healthcare would cost me between nothing and $450 a month. I'm fighting to get the chance to buy back some uncredited years of service that would put me back under the healthcare provisions I had when I started working in school, restoring me to no cost bennies. If I have to pay it's pretty reasonable. I'm not too worried about the side gig becoming boring or unpleasant. I see a variety of people for a wide range of issues and haven't gotten bored after 12 years of doing so. 2 years in independent practice has been even better than the ten in an agency. I'm thinking this is a go, pending a bit more research and the outside possibility I could get offered better terms to stay a bit longer (would bump my pension). I've got some juice locally that brings me a lot of referrals and am turning away business, so I'm pretty confident I can take care of myself and my family. When I do the math I can work 40 to 45 weeks a year and am very likely to earn 25 to 50 percent more than I am now for about 25% less of a time commitment. If you did the math and that is true you shouldn't be having second thoughts. If you get too busy and need a partner im available for hire. Lol. I'll BE PULLING ON MY ROD - TILL THEY LAY ME IN SOD!!!!! Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to register here in order to participate.
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now