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Old 05-21-2015, 08:11 AM   #21
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FIL: thinks we will be homeless and out on the street begging. He "asked around" and nobody retires early like we did. He was raised in the depression and cannot fathom why we aren't trying to get our old jobs back.

MIL: thinks it great and we gave her something to brag about. Hopes we move to her small town in Iowa ( not gonna happen)

Father: what will you do all day? Asked once about how much we had saved up but seemed satisfied by the answer. He was the KING of frugality but never really learned to invest.


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Old 05-21-2015, 09:20 AM   #22
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Quote:
Originally Posted by truenorth418 View Post
Great question, OP.



My mother passed away long before I retired, and I don't think she would have understood at all.



My father didn't really "get it" at first. One time, about two years into my retirement, he took me aside and said "You know, if you don't get back to work soon, no one will want to hire you because they will think you have lost all your skills." He really didn't get the concept at all.



A few months later, both he and my step-mother were both simultaneously diagnosed with cancer. It was a huge crisis for the whole family because they both desperately wanted to live at home during their illnesses, but none of us children lived close enough to them to care for them there. So, since I was retired and had control over my time, I volunteered to move in with them for a while and get them settled in with various home health services. My step-mother died soon afterwards, and then, when my father was living alone and struggling with his cancer, I made multiple, lengthy visits to stay with him, kept him company, took him to appointments. This was not easy since I lived 8 hours away, but over the course of the next year, I spent about 3 months in total living with him, which took a huge burden off of the rest of the family. Eventually, when the time came, I was available to take him to the hospice center and get him settled in there. He died there a few weeks later.



Had I not been early retired, I would not have been able to care for my father and his wife in that way and provide them with such care and comfort. No one ever bugged me about getting a job again. Such is the power of early retirement.

That's a very powerful story. It's very hard to be a caretaker- kudos to you for doing a great job.


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Old 05-21-2015, 09:21 AM   #23
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Quote:
Originally Posted by photoguy View Post
FIL: thinks we will be homeless and out on the street begging. He "asked around" and nobody retires early like we did. He was raised in the depression and cannot fathom why we aren't trying to get our old jobs back.

MIL: thinks it great and we gave her something to brag about. Hopes we move to her small town in Iowa ( not gonna happen)

Father: what will you do all day? Asked once about how much we had saved up but seemed satisfied by the answer. He was the KING of frugality but never really learned to invest.


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"Asked around" made me laugh, yep that sounds like something my dad would do.
A lot of our parents grew up in such a different time.


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Old 05-21-2015, 10:55 AM   #24
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DH retired at 55. For the first few months my Mom kept asking if he'd found a job yet.

My Dad retired the day he turned 59.5 so he understood the early retirement thing. When I explained to him that DHs pension pays all the bills and my PT earnings go to savings and investing he knew we'd be fine.

DHs brother asked us if we'd be getting a reverse mortgage or selling the house and downsizing. He didn't know we were debt free and that our cost of living was so low. He lives in NJ so any of our numbers (property tax, housing prices, most everything else) are much smaller than any of his numbers.
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