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When?
Old 10-04-2004, 08:13 PM   #1
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When?

Leaving work prior to the normal retirement age seems like a good idea to me. As we all know there may be a number of factors that determine whether or when we do it (financial probably #1).
What I would like to ask those who care to respond is:

1. If you already ER'd .. at what age did you do it?

2. If you plan on ER'ing at what age do you hope to do so?

3. If you just think ER'ing is great but not in your current plans, at what age would you think is time to call it quits.

My situation is #2 at age 53.

GTM
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Re: When?
Old 10-04-2004, 08:26 PM   #2
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Re: When?

#2 at age 57.77 on March 2, 2027. About.

But I'm planning, not hoping. Lord willing.

malakito.
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Re: When?
Old 10-04-2004, 10:30 PM   #3
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Re: When?

Quote:
If you already ER'd .. at what age did you do it?
44
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Re: When?
Old 10-04-2004, 11:17 PM   #4
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Re: When?

Quote:
1. If you already ER'd .. at what age did you do it?
40.5 -- I gave notice at 39, but they gave me incentive to stick around for 6 more months. * The longest 6 months of my life. * And they robbed me of being able to say I retired at 30-something ... the b@st0rds! *

I'd postulate that retiring at any age below 50 is frowned upon by Society. * It's considered an ostentatious display of, err, umm, bliss. * At any age above 50, people figure you're entitled to whatever bliss you can squeeze out of your remaining life, I guess.

It's the same bumper-sticker mentality that came up with "no pain, no gain." * I think a better bumper sticker for ER's would be "no pain, no pain."

(Alright, that's my last rant of the night!)
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Re: When?
Old 10-04-2004, 11:33 PM   #5
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Re: When?

Planning on mid-40s.
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Re: When?
Old 10-05-2004, 02:54 AM   #6
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Re: When?

I handed in my resignation at age 43. But my "retirement" was only from the world of corporate employment. It is my intent to continue working at work I love even past the normal retirement age of 65.
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Re: When?
Old 10-05-2004, 05:36 AM   #7
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Re: When?

When I was a teenager I thought retiring at 50 would be "awesome." *So that was my original intent. *But I've been able to save enough since then to give myself an ER birthday present on the day I turn 40.

For me ER won't be cold turkey. *I have been reducing my workload starting in my mid 30s. *When I turn 40, I'm going to be in neutral working an average of 5 or 6 hours a week until age 42. *Then I'll quit the 5 hours a week whenever I get sick of it.

I don't know who invented the 40 hour workweek, but it was probably one of the worst inventions ever. *Just bringing my hours down to 20 hours a week made a big difference in my life. *More time to enjoy life and less stress.
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Re: When?
Old 10-05-2004, 05:37 AM   #8
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Re: When?

53 years/8 months in June of 1997.
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Re: When?
Old 10-05-2004, 05:55 AM   #9
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Re: When?

Quote:
2. If you plan on ER'ing at what age do you hope to do so?
I plan to retire at age 60, in 17 years, at the very latest. But with a little luck I will be able to retire in my mid to late 50's.
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Re: When?
Old 10-05-2004, 05:59 AM   #10
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Re: When?

age 49 1/2 - 1993 layoff

my 'plan' was age 63 - 2006.

Early retirement in those days was anything before age 66 - my SS date.
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Re: When?
Old 10-05-2004, 06:00 AM   #11
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Re: When?

I expect top drop out somewhere between 45 and 50, depending on how things go. Considering that I am only 31, it'll be a while.
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Re: When?
Old 10-05-2004, 06:25 AM   #12
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Re: When?

Retired at 50. But I didn't start full time work until 38 - stay at home mom and school before that.

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Re: When?
Old 10-05-2004, 06:33 AM   #13
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Re: When?

Next May at 47. Right before my 48th birthday.
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Re: When?
Old 10-05-2004, 07:00 AM   #14
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Re: When?

I retired from full time work in 2002 at age 55. I then worked two or three days a week until last Thursday. Now I am fully retired at age 57.

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Re: When?
Old 10-05-2004, 07:00 AM   #15
 
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Re: When?

2. 2010 at age 50.

K. B. Sharkstooth
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Re: When?
Old 10-05-2004, 07:36 AM   #16
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Re: When?

Quote:
I don't know who invented the 40 hour workweek, but it was probably one of the worst inventions ever.
Actually it's a heck of a lot better than what preceeded it. The 40 hour work week was quite revolutionary for its day. What on Earth will the unwashed masses do with all of that free time? Heavens!

My plan, retire at 50 at the latest (currently 37). If things work out better than the conservative plan then I'll cut out earlier.
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Re: When?
Old 10-05-2004, 08:46 AM   #17
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Re: When?

Planning
Age 51

July 2006
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Re: When?
Old 10-05-2004, 09:24 AM   #18
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Re: When?

I'm now 47.

I plan to retire at 55.
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Re: When?
Old 10-05-2004, 09:24 AM   #19
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Re: When?

#1. Age 41.

JonnyM, I'm curious (I've never strummed a stringed instrument). Can you tell the performance difference among 20+ guitars, or is there some "portfolio overlap"? Or are they collectibles?
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Re: When?
Old 10-05-2004, 09:34 AM   #20
 
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Re: When?

Quote:
When I was a teenager I thought retiring at 50 would be "awesome." *So that was my original intent. *But I've been able to save enough since then to give myself an ER birthday present on the day I turn 40.

For me ER won't be cold turkey. *I have been reducing my workload starting in my mid 30s. *When I turn 40, I'm going to be in neutral working an average of 5 or 6 hours a week until age 42. *Then I'll quit the 5 hours a week whenever I get sick of it.

I don't know who invented the 40 hour workweek, but it was probably one of the worst inventions ever. *Just bringing my hours down to 20 hours a week made a big difference in my life. *More time to enjoy life and less stress.
Planning for 2007 at age 36. After that may work 5-10 weeks per year, just to keep my license and skills.

erhopeful
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