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Five benefits of retiring early
07-28-2011, 08:04 AM
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#1
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
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Five benefits of retiring early
Five benefits of retiring early - The Globe and Mail
I love one of the comments:
"I sat around for awhile, but now I'm off my rocker." 
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07-28-2011, 08:56 AM
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#2
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2006
Location: Washington, DC
Posts: 11,331
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I liked this benefit:
Prestige
While this may be the least important of all issues pertaining to retirement, being able to retire early can earn one the respect of his or her fellow workers, friends and family. Not many people are able to successfully do this in this world; the ones that can obviously know something that the rest of us do not. To retire early is to retire in style, assuming that it is properly planned for.
Kinda flies in the face of a lot of the discussion around here about hiding our status.
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Idleness is fatal only to the mediocre -- Albert Camus
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07-28-2011, 10:20 PM
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#3
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
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I would call it envy.
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07-28-2011, 10:34 PM
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#4
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Recycles dryer sheets
Join Date: Nov 2007
Posts: 87
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Here's Another Reason
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Those who were seen dancing were thought to be crazy by those who could not hear the music. Friedrich Nietzsche.
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07-28-2011, 11:38 PM
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#5
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
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 Quote:
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The freedom to start a new career
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Um, wait, what was the title of the article again?
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Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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07-29-2011, 02:55 AM
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#6
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Administrator
Join Date: Jul 2005
Location: N. Yorkshire
Posts: 34,130
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Quote:
Originally Posted by donheff
I liked this benefit: Prestige
While this may be the least important of all issues pertaining to retirement, being able to retire early can earn one the respect of his or her fellow workers, friends and family. Not many people are able to successfully do this in this world; the ones that can obviously know something that the rest of us do not. To retire early is to retire in style, assuming that it is properly planned for.
Kinda flies in the face of a lot of the discussion around here about hiding our status. |
This is the overwhelming reaction we've received, particularly on our long travels. When asked "how long are you here for?", it is great to be able to say, "Oh, a month, 10 weeks, 6 months, or whatever". No more visiting a place and racing around seeing as much as one can during the skimpy vacation days of w*rking life.
Yesterday was a typical example. We were talking to a guide at an ironstone museum and old ironstone mine. He knew we'd walked 8 miles cross-country to get there and we were telling him how much we walked and how we loved the buses, being able to take one to more remote locations, walk a while and jump on another one to get back. "Those free bus passes are great, I know a lot of folks who have them.", he said. I replied, "We are only aged 56 and 55, no free bus passes for us, but you can get a day rover ticket for Ł5 which covers a large area". He was really impressed that we had retired so young to have all this time to explore the outdoors, and then we told him we actually lived in Texas and were here on a 6 month holiday! (we still haven't picked up USA accents after 25 years living there).
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Retired in Jan, 2010 at 55, moved to England in May 2016
Enough private pension and SS income to cover all needs
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07-29-2011, 04:53 AM
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#7
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2007
Posts: 5,072
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Quote:
Originally Posted by donheff
I liked this benefit: Prestige
While this may be the least important of all issues pertaining to retirement, being able to retire early can earn one the respect of his or her fellow workers, friends and family. Not many people are able to successfully do this in this world; the ones that can obviously know something that the rest of us do not. To retire early is to retire in style, assuming that it is properly planned for.
Kinda flies in the face of a lot of the discussion around here about hiding our status. |
Most of my coworkers (that expressed anything) have been supportive and expressed envy.
There has been a couple of veiled (jealous) comments or.... in some cases disbelief (e.g., no way... that is just a cover story for something else).
In the end.... they will make of it what they will. I don't care what they think!   
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07-29-2011, 11:48 AM
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#8
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 7,677
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Quote:
Originally Posted by Nords
Um, wait, what was the title of the article again?
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Yes I think that benefit definitely is a nonsequitor in the article.
I am always amazed at people who are writing books for a profit and claim to be retired. Or running blogs. Or consulting.
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For the fun of it...Keith
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07-29-2011, 12:10 PM
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#9
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Thinks s/he gets paid by the post
Join Date: Oct 2008
Posts: 1,608
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The article only came up with 5 benefits of retiring early. I think the list is near endless!
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07-29-2011, 01:10 PM
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#10
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
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Quote:
Originally Posted by kcowan
I am always amazed at people who are writing books for a profit and claim to be retired. Or running blogs. Or consulting.
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If it makes money then it's a career, if it's non-profit then it's a hobby?
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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07-29-2011, 05:06 PM
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#11
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2008
Posts: 6,506
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Hmmmm.
Anytime I feel like:
Skating
Kayaking
Working out
Doing nothing
Go for coffee
That is my five
Some others:
Do honeydoo jobs
Play
waste time on the web
Nap
Watch others w*rk
Uh, starting a new career is not even on the horizon...
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There must be moderation in everything, including moderation.
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07-30-2011, 04:07 AM
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#12
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2004
Location: the City of Subdued Excitement
Posts: 5,588
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Quote:
Originally Posted by OldGuy
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OldGuy,
I see you appreciate the classics!
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I have outlived most of the people I don't like and I am working on the rest.
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07-30-2011, 12:42 PM
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#13
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 7,677
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Quote:
Originally Posted by Nords
If it makes money then it's a career, if it's non-profit then it's a hobby?
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It depends on if that is the original intent, but, if it is, then yes it is a hobby. I have a friend in Victoria who writes as a hobby. He shows me the published works (academic) with great pride.
But if you ever start to make money surfing then we will definitely drum you out of here... 
__________________
For the fun of it...Keith
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07-30-2011, 01:39 PM
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#14
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
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I must confess that I have been given a gift card in connection with surfing.
I spent it on more copies of "The Military Guide" to hand out to servicemembers.
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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07-30-2011, 01:44 PM
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#15
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2004
Location: South Texas~29N/98W Just West of Woman Hollering Creek
Posts: 6,674
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Isn't not having to pay FICA a retirement benefit?
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Part-Owner of Texas
Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx
In dire need of: faster horses, younger woman, older whiskey, more money.
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07-30-2011, 01:57 PM
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#16
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,022
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One of the best benefits of retirement is having the time to explore and discover all the benefits of retirement. 
__________________
Numbers is hard
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07-30-2011, 02:22 PM
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#17
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Administrator
Join Date: Jul 2005
Location: N. Yorkshire
Posts: 34,130
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Quote:
Originally Posted by mickeyd
Isn't not having to pay FICA a retirement benefit?
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No Medicare taxes either.
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Enough private pension and SS income to cover all needs
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07-30-2011, 02:43 PM
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#18
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gone traveling
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,851
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Nor state or local taxes (where I reside) on pension, IRA's or SS income...
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