Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 03-31-2010, 05:53 PM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
clifp's Avatar
 
Join Date: Oct 2006
Posts: 7,451
I retired ten years ago. Sleeping is easy it is waking up early that is hard to do.
__________________

__________________
clifp is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 03-31-2010, 06:25 PM   #22
gone traveling
 
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,851
Quote:
Originally Posted by freebird5825 View Post
2 lazy dogs for daytime company...CHECK
Me too ...
__________________

__________________
rescueme is offline   Reply With Quote
Old 03-31-2010, 06:58 PM   #23
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
dex's Avatar
 
Join Date: Oct 2003
Posts: 5,105
Quote:
Originally Posted by rescueme View Post
Me too ...
Pretty soon the cat people will check in.
__________________
Sometimes death is not as tragic as not knowing how to live. This man knew how to live--and how to make others glad they were living. - Jack Benny at Nat King Cole's funeral
dex is offline   Reply With Quote
Old 03-31-2010, 07:13 PM   #24
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2003
Location: Kansas City
Posts: 7,409
Two dogs, one cat.

heh heh heh - AND Wellesley has already been mentioned - even though I have gone 'uptown'(jan 2006) with Target Retirement on full auto - I still have a tendency to watch SEC portfolio yields. .
__________________
unclemick is offline   Reply With Quote
Old 03-31-2010, 07:32 PM   #25
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Dawg52's Avatar
 
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 7,446
Meds...CHECK.

And a mutt as well............
__________________
Retired 3/31/2007@52
Full time wuss.......
Dawg52 is offline   Reply With Quote
Old 03-31-2010, 07:33 PM   #26
Recycles dryer sheets
Tesaje's Avatar
 
Join Date: Aug 2009
Location: Frederick
Posts: 333
Quote:
Originally Posted by clifp View Post
I retired ten years ago. Sleeping is easy it is waking up early that is hard to do.
I retired 3 months ago and this is exactly right. I guess I'm a quick study..
__________________
I FIREd myself at start of 2010!
Tesaje is offline   Reply With Quote
Old 03-31-2010, 10:50 PM   #27
Thinks s/he gets paid by the post
Katsmeow's Avatar
 
Join Date: Jul 2009
Posts: 3,400
Quote:
Originally Posted by Dogtrack View Post

So I guess my question is, where do you buy a cast iron stomach, since you must surely need one to retire.
I am risk averse so DH and I deciding to retire is indeed daunting. I'm 55 and he is 62. He receives a large lump sum on retirement (in lieu of a non-COLA pension which he could take), is eligible for SS and I plan to work on a very limited basis (about 1 day a week). We are not quite as prepared as W2R. We did pay off debt, and bought a house with no mortgage. We could also cut expenses way below the income we project to have. DH does have subsidized retiree medical insurance that I will also cover me.

OTOH, we haven't yet sold our old house (optimistic it will sell quickl but no guarantee - we have calculated that so long as it sells with 2 years we are OK). We do have dependents (kids in high school/college). Nonetheless we are leaping recognizing that there is some risk but thinking that it is not that great a risk.
__________________
Katsmeow is online now   Reply With Quote
Old 04-01-2010, 10:11 PM   #28
Thinks s/he gets paid by the post
BunsGettingFirm's Avatar
 
Join Date: Jan 2004
Posts: 1,502
Quote:
Originally Posted by brewer12345 View Post
Not much risk of that. We are ready to jump now (although the portfolio isn't).
Yep, I'm close enough to my modest trigger point that I'm not even bothering finding another finance job. Just sticking my so-so paying tech job and maybe do a couple of transfers or new jobs with in the next few years before bailing.
__________________
BunsGettingFirm is offline   Reply With Quote
Old 04-02-2010, 06:23 AM   #29
Full time employment: Posting here.
 
Join Date: Feb 2009
Posts: 886
I'm Professor Emeritus and effectively working part time, but my lovely wife is still full time in a senior government position. She is still very hesitant about retiring, so we have shifted to a She works, I do support mode.

I take her to work every day, and I have always done all the cooking in our family. I do all the errands and household tasks. She is willing to take her annual leave, So this year we will go diving in Thailand and the Caymans, visit Turkey ,Alaska and the southwest, and "marry off" our younger daughter.

All that being said, I think the differences is that in my professional work I don't need any "stuff" to be productive. I don't need staff or equipment. I can do it anywhere. She is different. She used to supervise 50 professionals in system development and now does long range planning for the agency. To feel productive she needs "stuff", both people and machines. If she retired she would not have them, so any transition would cut her off from her life's work . We are still working this all out.
__________________
Emeritus is offline   Reply With Quote
Old 04-02-2010, 08:26 AM   #30
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Feb 2007
Posts: 5,072
Dogtrack - As others stated, educating yourself is key to both managing your resources and your confidence. But you do not have to be a financial genius to manage your portfolio and a successful retirement.

IMO - Do not pull the plug until you are confident enough to feel good about it. But, there is always some amount of risk that you will assume.
__________________
chinaco is offline   Reply With Quote
Old 04-02-2010, 11:11 AM   #31
Thinks s/he gets paid by the post
DangerMouse's Avatar
 
Join Date: Jan 2007
Location: Silicon Valley
Posts: 1,812
Dogtrack, the only thing that concerns me about your plan is the shifting to utility stocks. I would never have all my eggs in one basket like that. If you are going to hold individual stocks, you need to diversify through a number of sectors.

Personally over the past few years I have been moving from individual stocks to Vanguard funds just to make my life easier. That said, I do hold about 6 individual stocks which I have kept mainly because they are high dividend earners.
__________________

I be a girl, he's a boy. Think I maybe FIRED since July 08. Mid 40s, no kidlets. Actually am totally clueless as to what is going on with DH.
DangerMouse is offline   Reply With Quote
Old 04-03-2010, 08:07 AM   #32
Confused about dryer sheets
 
Join Date: Mar 2010
Posts: 5
Want to thank all that responded to this. Some interesting comments and insights were offered. What I seem to take away most from them all, is that there is no 'good' or 'bad' time to retire. No matter when you do (retire) there will be bumps in the road, challenges to your assumptions, etc.

I'm beginning to view retirement as a bungee jump, do as much measuring and planning as you want/must, then cross your fingers and.......jump.
__________________
Dogtrack is offline   Reply With Quote
Old 04-03-2010, 08:14 AM   #33
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
easysurfer's Avatar
 
Join Date: Jun 2008
Posts: 7,904
Yes, for most of us, when to retire is a leap of faith that we can make it. But I'd rather bungee jump knowing that I had measured and planned on tying the bungee cord than not preparing and just jumping and hoping that it'll all work out.
__________________
easysurfer is offline   Reply With Quote
Old 04-03-2010, 08:56 AM   #34
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,536
I think a lot of us think that it is better to retire at a market trough (if you can still afford it) rather than at a market peak.

But then, how do you know when you are at either - you don't!

Audrey
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is offline   Reply With Quote
Old 04-03-2010, 09:09 AM   #35
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
dex's Avatar
 
Join Date: Oct 2003
Posts: 5,105
Quote:
Originally Posted by Dogtrack View Post
Want to thank all that responded to this. Some interesting comments and insights were offered. What I seem to take away most from them all, is that there is no 'good' or 'bad' time to retire. No matter when you do (retire) there will be bumps in the road, challenges to your assumptions, etc.

I'm beginning to view retirement as a bungee jump, do as much measuring and planning as you want/must, then cross your fingers and.......jump.
You're welcome. I would say it is more like jumping off a high diving board into a swimming pool. Think too much and you might not do it. Follow the coach's instructions and you'll be fine. Once in the water, you'll have a big smile on your face and be enjoying yourself.

Come on in - the water is fine.
__________________
Sometimes death is not as tragic as not knowing how to live. This man knew how to live--and how to make others glad they were living. - Jack Benny at Nat King Cole's funeral
dex is offline   Reply With Quote
Old 04-03-2010, 02:02 PM   #36
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,387
Quote:
Originally Posted by Dogtrack View Post
So I guess my question is, where do you buy a cast iron stomach, since you must surely need one to retire.
If I ever find the one I misplaced in 2008-2009, I'll see if there is an 800 number on it to offer you.

Ha
__________________

__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Need an Idea of what to look forward to. James101 Young Dreamers 12 09-09-2009 04:24 PM
Hi, I have no idea what I'm doing! jeff_grimshaw Hi, I am... 5 05-06-2008 01:52 PM
need general idea - illfittingshirt Young Dreamers 14 05-01-2007 06:55 AM

 

 
All times are GMT -6. The time now is 03:09 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.