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View Poll Results: How old were you when you retired?
Under 40 7 4.29%
40-45 16 9.82%
46, 47, 48 13 7.98%
49, 50, 51 16 9.82%
52, 53, 54 28 17.18%
55, 56 32 19.63%
57 11 6.75%
58 14 8.59%
59 8 4.91%
60 7 4.29%
61 3 1.84%
62 4 2.45%
63 4 2.45%
64 0 0%
65 0 0%
66 0 0%
67 0 0%
68 0 0%
69 0 0%
70 and above 0 0%
Voters: 163. You may not vote on this poll

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Age at retirement
Old 07-04-2010, 08:29 PM   #1
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Age at retirement

For people who are retired, how old were you when you retired?

Clarifying:
"Retired" is your definition. If you are getting paid for part time work that you do for fun, rather than because you need the money, I think you are "retired", but you'll have to draw the line. (Tom Sawyer said "Work is what a body is obliged to do.")

If you are married, it's your age when you quit, not your spouse's. (Okay, some people will average the two ages, that's fine, too.)

One of the younger folk can do "Age when I plan to retire" if they like.
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Old 07-04-2010, 09:25 PM   #2
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I always wanted to retire in my 50's but I procrastinated and finally retired at 59 .
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Old 07-04-2010, 09:48 PM   #3
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Quote:
Originally Posted by Independent View Post
One of the younger folk can do "Age when I plan to retire" if they like.
I am assuming that you mean they can go and create THEIR OWN TOPIC AND POLL, and NOT vote in this one!

Because if they vote in this one, using some age they think they will retire, it will screw up the results. (The difference between goals/dreams and cruel reality, you know )
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Old 07-05-2010, 09:25 AM   #4
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Originally Posted by Telly View Post
I am assuming that you mean they can go and create THEIR OWN TOPIC AND POLL, and NOT vote in this one!

Because if they vote in this one, using some age they think they will retire, it will screw up the results. (The difference between goals/dreams and cruel reality, you know )
Correct. I should have been clearer with the wording.
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Old 07-05-2010, 09:29 AM   #5
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60 was the target originally, but a 1-year delay intervened due to a combination of the Great Recession and career circumstances. Glad I waited but it was a long year.
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Old 07-05-2010, 09:32 AM   #6
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Originally Posted by Rich_in_Tampa View Post
60 was the target originally, but a 1-year delay intervened due to a combination of the Great Recession and career circumstances. Glad I waited but it was a long year.
Rich, you failed to mention your attempt at the world's record in the "just-one-more-year" club....
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Old 07-05-2010, 09:43 AM   #7
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I was 45 back in 2008 when I retired. For several years I thought I'd be able to retire early, perhaps in my early 50s. But several things fell into place quickly in 2006-2008 and I was able to pull the trigger in late 2008.
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Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.

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Old 07-05-2010, 11:24 AM   #8
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I did it more or less by stealth, at age 55.

The company where I worked was bought by a much larger company, and my job was eliminated. I was already in a financial position to be retired, so I thought about it while collecting unemployment, and eventually just decided not to bother looking for another job.

That was actually my second career, since I had previously retired from the military.
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Old 07-05-2010, 11:42 AM   #9
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Chronologically? Age 41.

Occupationally? I stopped "working" in my late 30s, although some of my supervisors would claim that the evidence points toward a substantially earlier age.

Mentally & emotionally I'm still in my mid 20s. In a few years I'm going to get one of those t-shirts that says "Inside every old person is a 25-year-old wondering what the hell happened."
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Old 07-05-2010, 02:46 PM   #10
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Yeah, I put it off until I was 57... it was a struggle though.
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Old 07-05-2010, 03:11 PM   #11
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Originally Posted by REWahoo View Post
Rich, you failed to mention your attempt at the world's record in the "just-one-more-year" club....
I fell short by a few months. But it was worth it.
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Old 07-05-2010, 05:29 PM   #12
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I had planned to retire at 50, but circumstances at w*rk made it so I decided to FIRE a couple years earlier. If I had a chance, I wouldn't change a thing about how it all played out.
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Old 07-06-2010, 05:29 AM   #13
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My goal has always been 55, but I like the ESR gig and may stay ESR'd a little past 55. (Sorry - voted in this "Age at retirement" poll instead of "planned age at retirement")
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Old 07-06-2010, 07:23 AM   #14
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For the one's under 40, I would like to hear how you accomplished that feat if you don't mind sharing. Pretty strong accomplishment. I retired at an old 52.
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Old 07-06-2010, 09:28 AM   #15
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With 121 replies so far, it looks like the median age at retirement was 55. About 25% of us managed to retire before age 50. That's "very early" in my world. Nobody retired after age 63. We are definitely an unusual group.

I guessed wrong when I set up the age groupings. I believed that we had more "higher age" retirees in spite of the forum name. Because of this, the chart feature in the poll isn't very instructive.

Here's a better chart, where each of the age bands is three years. The mid-50s ages really jump out.
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File Type: jpg Age at Retirement I.JPG (104.6 KB, 11 views)
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Old 07-06-2010, 09:31 AM   #16
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Originally Posted by Independent View Post
Here's a better chart, where each of the age bands is three years. The mid-50s ages really jump out.
Makes sense, since 55 is a pretty common age for the earliest possible "out" with a pension.
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Old 07-06-2010, 02:11 PM   #17
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Makes sense, since 55 is a pretty common age for the earliest possible "out" with a pension.
Interesting thought. It's certainly plausible, but pensions come with lots of variations. I know that I intended to leave at age 58.5, the earliest I could get a pension without an "actuarial" reduction. (I ended up working an extra 6 months, so my actual out was 59.)

But the decision had more to do with frustrations with management, the size of my 401k, and the fact that our last teenager was out of the house.
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Old 07-06-2010, 02:30 PM   #18
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Makes sense, since 55 is a pretty common age for the earliest possible "out" with a pension.
What's a pension? ...

(BTW, retired at age 59 and made my own "pension" via an SPIA ).
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Old 07-06-2010, 02:45 PM   #19
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Makes sense, since 55 is a pretty common age for the earliest possible "out" with a pension.
Woulda been true for me. Fifty five was the earliest age to receive a reduced pension and I would have simultaneously hit 32 years service and maxed out my pension. Whoo-hoo! Jackpot!

Oops.

Err, "events" happened and I left at 50. Much less cushy circumstances, but the last 5.5 years have been great.
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Old 07-06-2010, 07:25 PM   #20
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52 here. But does semi retirement by working P/T from home (telecommuting) starting at age 49 count for something?
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