Join Early Retirement Today
View Poll Results: What are the most important ingredients to a fulfilling retirement (pick 3 or less)?
Money 128 72.73%
Activities (hobbies, volunteering, travel, etc.) 71 40.34%
Family 55 31.25%
Friends 47 26.70%
Health (exercise, mental & physical health) 156 88.64%
Location (climate, relocation, etc.) 20 11.36%
Spiritual Life 10 5.68%
Other 5 2.84%
Multiple Choice Poll. Voters: 176. You may not vote on this poll

Reply
 
Thread Tools Search this Thread Display Modes
Poll for Retirees: What's Most Important to a Successful Retirement?
Old 11-25-2010, 07:37 AM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,977
Poll for Retirees: What's Most Important to a Successful Retirement?

Of all the ingredients for a successful retirement, which have you found to be most important? I've made this a multiple choice poll, but please limit your choice(s) to no more than three or the poll won't have any meaning.

If you choose "other" - I hope you'll explain.

And Happy Thanksgiving!
__________________

__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is online now   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 11-25-2010, 07:42 AM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Amethyst's Avatar
 
Join Date: Dec 2008
Posts: 5,893
Given the choice, I'd pick health, health, and health. None of the others are worth a patootie without it.

Amethyst
__________________

__________________
If you understood everything I say, you'd be me ~ Miles Davis
'There is only one success – to be able to spend your life in your own way.’ Christopher Morley.
Amethyst is offline   Reply With Quote
Old 11-25-2010, 07:46 AM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Feb 2007
Posts: 5,072
Not FIRE'd yet so I didn't vote.

But all of the survey items look pretty important to me.

To bad the poll mechanism does not have a "rank in importance" option.
__________________
chinaco is offline   Reply With Quote
Old 11-25-2010, 08:53 AM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
travelover's Avatar
 
Join Date: Mar 2007
Posts: 9,896
Not sure which category this fits in, but I think the most important item is the ability to adapt to ER. If you are bored or stressed from guilt it ain't no fun.
__________________
Yes, I have achieved work / life balance.
travelover is offline   Reply With Quote
Old 11-25-2010, 09:02 AM   #5
Recycles dryer sheets
 
Join Date: May 2007
Posts: 331
Health, Wealth, and a love for life (activities that you enjoy doing). Activities for me also includes spending time with family and friends.

The most important is health. If you don't have that you can't enjoy the others on the list.
__________________
Cruisinthru is offline   Reply With Quote
Old 11-25-2010, 09:58 AM   #6
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,905
I checked Health, Money, and Other.

Health: This one is pretty obvious and I think it is the most important.

Money: I think that with adequate money, one can relocate (if desired), or engage in activities (if desired). I don't think you necessarily need a lot of money, but you might if you have a burning desire to travel constantly or take flying lessons, for example. Most of us probably don't really need to engage in expensive activities to be happy after a lifetime of LBYM, but only you know how much you will want to spend. A good retirement should mean that you aren't worrying about how to pay the electric bill, though.

Other:

(1) I think it is pretty important to know yourself and know what you want to do with the rest of your time on earth. Maybe I should have checked "spiritual life" to cover that aspect.

(2) I think it is also important not to be overburdened with responsibilities - - if you have to spend more of your time than you might like in caring for animals or kids, or maintaining a huge money pit of a home, I would think it might be hard to get the maximum enjoyment out of retirement.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is offline   Reply With Quote
Old 11-25-2010, 10:14 AM   #7
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,044
For me:

Health, money, and activities (including spending time with friends and family). By "activities" I mean the ability to occupy one's free time in a meaningful and fulfilling way.
__________________
FIREd is offline   Reply With Quote
Old 11-25-2010, 10:19 AM   #8
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,977
Quote:
Originally Posted by FD View Post
Health, money, and activities (including spending time with friends and family). By "activities" I mean the ability to occupy one's free time in a meaningful and fulfilling way.
I'm not retired and therefore didn't vote (in my own poll!), but I think those would be my choices.

Actually, IMO money is in a different category. Sort of a license to enjoy retirement or a prerequisite, but not an end in itself.

With money established, I think health and activities will be most important. In other words, if all you have is the money to retire without any of the others, you'll be miserable eventually.

One day I'll know...
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is online now   Reply With Quote
Old 11-25-2010, 10:22 AM   #9
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,120
Quote:
Originally Posted by Midpack View Post
One day I'll know...
The only thing standing in your way is the guy in your bathroom mirror...
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 11-25-2010, 10:27 AM   #10
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,977
Quote:
Originally Posted by REWahoo View Post
The only thing standing in your way is the guy in your bathroom mirror...
I'm almost there. Once I figure out what I want to do next at least in broad terms, I'll be on the way.
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is online now   Reply With Quote
Old 11-25-2010, 10:29 AM   #11
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,120
Quote:
Originally Posted by Midpack View Post
I'm almost there. Once I figure out what I want to do next at least in broad terms, I'll be on the way.
IOW, "Just one more year...or two...or..."
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 11-25-2010, 10:29 AM   #12
Thinks s/he gets paid by the post
Rambler's Avatar
 
Join Date: Jul 2007
Posts: 2,250
I voted health, family and activities. I'm not FIREd yet, but that's how I see it. Of course, if money is insufficient, then my three choices are difficult to achieve or continue to enjoy long term. The amount of money required is really an individual choice and is determined by the balance of the other choices.

R
__________________
Find Joy in the Journey...
Rambler is offline   Reply With Quote
Old 11-25-2010, 10:30 AM   #13
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,977
Quote:
Originally Posted by REWahoo View Post
IOW, "Just one more year...or two...or..."
When I retire, I'll claim I only did it to prove you wrong.
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is online now   Reply With Quote
Old 11-25-2010, 10:32 AM   #14
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,120
Quote:
Originally Posted by Midpack View Post
When I retire, I'll claim I only did it to prove you wrong.
If you ever do retire, I'll be more than happy to take full credit for the big event!
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 11-25-2010, 11:53 AM   #15
Thinks s/he gets paid by the post
 
Join Date: Jun 2010
Location: France
Posts: 1,195
I didn't check Money, but only because it's just a way for me to have the level of Location and Activities which I want. Health is #1, of course. Fortunately, since I don't live in the US and have an astonishing medical package as part of my pension, I don't need to reserve any significant amount of money for that.
__________________
Age 56, retired July 1, 2012; DW is 60 and working for 2 more years. Current portfolio is 2000K split 50 stocks/20 bonds/30 cash. Renting house, no debts.
BigNick is offline   Reply With Quote
Old 11-25-2010, 01:32 PM   #16
Thinks s/he gets paid by the post
Onward's Avatar
 
Join Date: Jul 2009
Posts: 1,667
Friends, health, and money, in that order.
__________________
And if I claim to be a wise man, it surely means that I don't know.
Onward is online now   Reply With Quote
Old 11-25-2010, 01:46 PM   #17
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Sep 2005
Location: Northern IL
Posts: 18,284
I'll simply say "balance".

Money might make a big health problem manageable. If your activities require good health, that could take out two birds with one stone. Even someone in such a miserable-looking state as Steven Hawking seems to be pretty 'engaged' in life. They can all be pretty inter-related for most of us. And even though we all want our nest egg to be preserved, I bet most of us would find a way to be happy on less - poor and happy is preferable to the alternative of poor and miserable. Might as well make the most of it.

-ERD50
__________________
ERD50 is online now   Reply With Quote
Old 11-25-2010, 03:06 PM   #18
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
braumeister's Avatar
 
Join Date: Feb 2010
Location: Northern Kentucky
Posts: 8,612
FWIW, I saw a study done back in the early 70s that looked at retired senior military officers (Generals and Admirals).
They found that the average lifespan was just over two years beyond retirement.

Made it pretty clear to me that those folks had made their work the total consuming focus of their lives (similar to some politicians and entertainers), and had never taken the time to develop other interests, hobbies, etc.

When it came time to retire (and the military has fairly strict rules about when you must hang it up), they were utterly lost, and unable to deal with all that free time.

I took the lesson to heart, and have so many (relatively low cost) interests that there's no time to do them justice. Retirement is a very happy time for me.
__________________
Pas de lieu Rhône que nous.
braumeister is offline   Reply With Quote
Old 11-25-2010, 07:14 PM   #19
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,617
Quote:
Originally Posted by braumeister View Post
FWIW, I saw a study done back in the early 70s that looked at retired senior military officers (Generals and Admirals).
They found that the average lifespan was just over two years beyond retirement.
If you have a link or a citation to that study I'd love to read it.
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Old 11-25-2010, 07:25 PM   #20
Thinks s/he gets paid by the post
powerplay's Avatar
 
Join Date: Oct 2008
Posts: 1,380
I chose Other as one of my choices and for me that means planning for retirement. I couldn't imagine retiring without significant long term planning for that event. Health and Money were my other choices.
__________________

__________________
powerplay 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
Poll:For retirees- what is your cash income as % of (.04*Invested Assets) haha FIRE and Money 16 11-25-2010 11:50 AM
How important is SS to your retirement plan? New Poll! RockMiner FIRE and Money 33 12-03-2005 08:29 AM
Poll #3 Early Retirees and Stress ESRBob Life after FIRE 8 05-30-2005 10:06 PM
Poll #1 Early retirees and your Marriage ESRBob Life after FIRE 2 05-25-2005 07:50 PM
Poll #2 Early Retirees and Your Health ESRBob Life after FIRE 11 05-25-2005 06:49 PM

 

 
All times are GMT -6. The time now is 09:25 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.