New retirement plan - keep working!

[MRGALT2U]

I dunno. If I was in that group (used to be ERed but working again) a more appropriate name might be
"potential suicides" Truly though, and speaking only for myself,
that would be a bitter pill indeed.

JG

[cute fuzzy bunny]

Quote:

I blame Amazon's book-review system for encouraging all us critical thinkers to give it away for free.

Not me! I've been doing tons of reviews on "epinions". They pay you micropayments based on how many people read your reviews, how the readers rate your review, and how many click-through purchases are generated from links from your reviews. I spent a couple of hours writing some little reviews of everything I could see in the house one morning. So far I've made $20 in just a couple of months...the good part is once you've written a bunch of reviews, you can just sit back and watch the pennies pile up.

If you want to try this minor income adventure, it helps if you're writing the first few reviews of a new product, a review that analyzes some particular aspect of a product in great detail, humor and light bawdiness also help boost your ratings.

[Martha]

Hey TH, I knew you were too much the type A to stay away from working for the rest of your life.

[cute fuzzy bunny]

Yeah, it creeps in when y'arent looking.

Oh well, I like telling people about stuff that works out for me and stuff that doesnt. Maybe I should have been a news reporter...

[hocus]

I wonder if you love to work, is that retirement?

My view is that "retirement" is something that one attains over the course of one's life as one gains freedom to control the hours of one's day. If you love your job but have not acquired any financial independence, you are not retired. It's only through saving that you can get yourself in circumstances in which you can "retire" from dependence on a paycheck to cover the costs of keeping body and soul united.

People often forget how new a concept "retirement" is. It was generally the rule prior to the 1930s that people worked until they were too old or weak to continue. Then the concept of the age-65 retirement began to gain ground. Now we are ready to move on to seeking retirement at earlier ages.

When you do it at earlier ages, it becomes something different. Those who retired at age 65 in 1930 did not have that many options available to them as to how they would spend the remainder of their days. Those who retire at age 40 today have all sorts of options. It is entirely natural that those with more options would explore new ways of putting the concept of "retirement" to use helping them in their quest to achieve their most important life goals.

We will change the meaning of the concept of "retirement" over time as we see the need for making changes to it. That's my belief.

[BUM]

OH Brother. Another dopey article that gets threadded and spins in nine different directions....

On balance were talking about here is:

1. REs that must "take jobs they hate" to make ends meet.. Thats pretty bad and certainly not truly retired. This is what you boys and girls have to plan to NOT happen.

2. Other RE's that "consult" or stay on the industry teat that they almost left. IMO that is retired and smart enough not to throw easy money away.

3. Then the purely "to keep busy" types fashioning crap in the garage to sell at craft fairs or being a fishing guide... these people are having fun first and making a buck in the process.

4. Sit home and don't do a goddam thing.

I'm a 2 on my way toward 3. Also DW has strict instructions to shoot first if I start displaying #4 symptoms.

Which are you?



BUM

[MRGALT2U]

HI BUM. MY answer is "None of the above". All of my days are filled and then some, but I am doing things that don't produce any real income ("fishing guide"
.............. man I would love that). I never had a period when I just sat around all day and did nothing (not that it would necessraily be a bad thing). Making
"stuff" just for the recreation is not for me. I read yesterday about some
high profile guy who liked to go out into his garage
and produce handmade wooden pens?? Far be it from me to cast ridicule on someone's hobbies, but I don't get it. I would rather watch paint dry. Truly!

JG

[unclemick]

BUM

No. 4 - eleven years of practice to develop it into a fine art form. Doing nothing is much tougher than it looks. You have to guard against travel, remodeling/hurricane repair, watching the markets and putzing with stocks, volunteer work, etc., etc.

Difficult - but somebody has to do it. I don't think that Walden Pond dude realized how hard it can be to successfully pull off - doing nothing in particular.

Got a 1992 Geo Storm from a woman friend of ours who went legally blind for the $65 cost of towing. A search of the net indicates that certain Izusu 12 valv DOHC blown engines are a direct drop in - bolt up to the tranny - new metalflake paint job, custom rims/moon spinner hubs, a little bodywork on dings - keeping a grip and doing nothing is hard.

Yesterday - a neighbor gave us a cooked/smoked hindquarter of wild pig from his last hunting trip - while we were on the back deck pointed out how to use the remaining pilings( after hurricane George) to rebuild my 120' pier, put up night lights and start catching fish like the piers(called runs down here) to the left and right of me.

Doing nothing takes discipline - and don't let anybody fool you - it ain't easy.

[BUM]

Hi yourself JG,

Yep, I realize a bunch, maybe most Rs and ERs arent engaged in any income producing activity. My opinion is that those that do produce passive income should not be catagorized as not retired. They're doing their thing and getting paid as well.

Almost as good as being ER'ed with a working spouse!

BUM

[BUM]

Gosh unclemick2 doing nothing sounds like hard work. I'll ponder this over my next cup if can get DW to gimmie a heater. Dont want to have to drag my keester off the LazyBoy.


BUM

[Jarhead*]

Quote:

BUM Doing nothing takes discipline - and don't let anybody fool you - it ain't easy.

Isn't that the truth?
Between Golf and fly-fishing, I spend, on average about 7 hours away from home, pretty much daily, and still have time to interfere with my wife's mental health.
For the posters on this board that are retired, while spouse continues to work, another adventure is in store when spouse decides he, or she, has had enough.
(That's when the rubber really meets the road )

[kz]

Thanks for the warning, Jarhead. Hubby has less than 2 months to go. Funny how ALL his co-workers keep asking me "What are you going to do with a retired husband?". I was really ready for this but now I'm started to wonder about this retirement stuff.

He has mentioned that maybe next Jan. he'll look for something part-time. As long as it's minimal and he can be off for Sept and Oct (our favorite travel months) this could work.

Rubber meets the road, huh?