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Old 05-17-2015, 10:13 AM   #21
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I'm a boomer who ER'd at 55, four years ago, with no regrets. Also, on this site, we often distinguish between being FI and retirement. In my opinion, if you are FI and choose to do what you like and happen to get paid for it then that seems reasonable to me. In fact, you may want to get paid just to maintain some self respect however if you are FI you are at least w*rking on your own terms.

I was an engineering manager who now, in ER, chooses to volunteer to teach science classes. To a teacher it might look like I'm w*rking. To me it is an fun and intellectually stimulating activity that I do 1-2x per year for 6 wks at a time. Totally on my own terms.

I've seen similar studies that find that 1/3rd to 1/2 of retirees are "forced" into retirement either through layoffs or because of health reasons. If you weren't planning to be retired there is a good chance that you are financially stressed. These people tend to be, in general, less satisfied with retirement.

We often talk about how it is not enough to retire from a j*b but you should be retiring to something as well. If you are retired involuntarily then you probably aren't retiring to something. Once again, these people tend to be less satisfied with retirement living.

Some people had j*bs that allowed them to determine what their projects were and what their w*rk day was like. Maybe you owned your own business. Those people tend to be self starters and tend to do better in retirement because, like me, they know how to find interesting things to do. If you had the type of j*b where they told you what to do each day then when you retire you are likely to be at a loss of what to do with yourself because you've had others defining most of your day for your entire adult life.

Of course there are some people who truly love their j*bs. I've w*rked with scientific researches will do that w*rk until they drop. I've seen them at it. They are truly happy.

I often tell people that being retired is not like being on vacation. People who did not plan to retire discover this pretty quickly. I'm not surprised that when surveyed they say they want to work again. They don't know what else to say.
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Old 05-17-2015, 12:13 PM   #22
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Yep, I don't get it. And I know someone like this, actually told me his boss aggravates the heck out of him. Yet, he also says he has the means to retire, but what would he do? He either lacks imagination to an extreme degree, or it's a cover-up for something else (like not really having the finances).
Retirement is a great option for many, it's unfortunate that most people (eventually) don't derive satisfaction/enjoy their jobs/careers. But it's interesting how often members here post assuming there's something wrong with anyone who chooses work over retirement. Some people would just rather work, doesn't necessarily mean they 'lack imagination to an extreme degree' at all...
But there was no such assumption in the post that you quoted.

For the record, I understand that some people get satisfaction from their jobs and wish to continue them. There's nothing at all 'wrong' with that - their satisfaction is the key, however they achieve it. Their choice, and I'd be happy to find myself in that same situation - if work was better than retirement, why wouldn't I chose the better option?

But as I said in my post - this person (not 'anyone') talked about his frustration with his job, and claimed that the only reason he didn't retire was that he wouldn't know what to do. I'd call that 'lack of imagination' - wouldn't you? You can't do something unless you are told what to do?

-ERD50
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Old 05-17-2015, 06:27 PM   #23
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But there was no such assumption in the post that you quoted.

For the record, I understand that some people get satisfaction from their jobs and wish to continue them. There's nothing at all 'wrong' with that - their satisfaction is the key, however they achieve it. Their choice, and I'd be happy to find myself in that same situation - if work was better than retirement, why wouldn't I chose the better option?

But as I said in my post - this person (not 'anyone') talked about his frustration with his job, and claimed that the only reason he didn't retire was that he wouldn't know what to do. I'd call that 'lack of imagination' - wouldn't you? You can't do something unless you are told what to do?

-ERD50
Fair enough, I didn't put all that together reading the earlier post, but I see the reference now.

I am probably overly reactive on the point, I have read quite a few posts unequivocally decree in essence 'there's clearly something wrong with anyone who can retire and chooses not to.' That's nonsense.
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Old 05-17-2015, 06:44 PM   #24
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I am probably overly reactive on the point, I have read quite a few posts unequivocally decree in essence 'there's clearly something wrong with anyone who can retire and chooses not to.' That's nonsense.
If someone loves what they do, then not retiring may make sense. But, if they hate their job or are only working because they have nothing better to do, then there is something wrong.
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