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Old 12-19-2011, 09:29 PM   #61
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I'd love to ask my father what he thinks of my early retirement plans. He planned on retiring when he reached 65. Unfortunately, he died 25 years ago when he was only 64. The fact that he worked all of his life and never lived to enjoy one day of retirement has always reminded me that no one knows how long they will live. Because of his early death, I've always thought that it's better to enjoy life along the way and retire early if you can.

All of the non-retired people on this forum, including me, worry about when to retire and how much they'll need. However, there is a group that we never hear from - those who worked hard all of their life and saved, but who passed away before they get the chance to retire, like my father. I'm pretty sure that if he could, my father would tell me to not take those retirement years as a given. If I have the plan and the wherewithal to retire early, do it.

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Old 12-19-2011, 10:05 PM   #62
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Originally Posted by edsahara View Post
However, there is a group that we never hear from - those who worked hard all of their life and saved, but who passed away before they get the chance to retire.....
Ghost writers?

Retired in Jan, 2010 at 55
Now it's adventure before dementia
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Old 12-20-2011, 09:56 AM   #63
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Dad, mom, spouse, and friends, all very supportive of my retirement two years ago at age 55. Must of seen something I didn't!
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Old 12-20-2011, 11:40 AM   #64
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My mom died at 60 from cancer, and she was a workaholic. She made good money but never enjoyed most of what she made. My dad is 84 and spent the last 20 yrs goofing around.

A recent article showed that 40+% of retirees think there is less stress, and another 30+% have the same stress, the rest have more stress.

In the same article, most think they can control when they can retire, but only 30+% can actually do so, due to illness, layoffs, buyouts and other causes beyond their control.

I think I want to retire, when I am still able to enjoy other things than work. Time and health may be hard to ascertain.
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Old 12-20-2011, 12:08 PM   #65
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My mom and dad saved for years to go on an exotic vacation on their own (without all of us kids). For their 25th anniversary, they went to Hawaii (1974). In 1976, they went on a Caribbean cruise.

Dad always dreamed of going to Europe when he retired. In 1977 he developed throat cancer. He died of lung cancer in 1982, 18 days after he retired. He never made it to Europe.

He told me, before he died, to do it all while I still had the youth and the health to do it. I agree with him wholeheartedly.
Inside me is a skinny person crying to get out, but I can usually shut the b*tch up with cookies
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Old 12-20-2011, 12:50 PM   #66
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I am in my early 40s, and have a while until retirement. However, my parents retired at 57 (17 years ago), and are very supportive of my FIRE plans. When my father retired, I was in my 20s, and I told him then that my goal was to "beat him to retirement" by 5 years, so at 52. My father reviewed my retirement spreadsheet when I was in my early thirties, helping to "reality-check" my assumptions and goals. My closest aunt, who is like a second mother to me, retired in her early 50s (at about the same time as my parents), and is also very supportive of my plans.

We are a small family of LBYMers, and are very close, so none of my plans surprise anyone!
Two roads diverged in a wood, and I - I took the one less travelled by...
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Old 12-20-2011, 01:08 PM   #67
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Sometimes I hope that mom and dad can see what I have accomplished. I guess we all try to please somebody sometime, even if it is a ghost!
For the fun of it...Keith
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Old 12-24-2011, 10:54 PM   #68
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My Mom worked until she was 70. I think she only stopped working because the company she worked for closed her location. She was happy that she could spend more time with me. Unfortunately, she was diagnosed with terminal lung cancer 3 months after I retired and passed away three months after her diagnosis. She was grateful I was retired so I could take her to radiation and chemo appointments. This would have been very difficult had I still been working.

My father passed away in 1996, long before I retired.
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Old 12-25-2011, 07:01 AM   #69
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Getting ready to pull the plug in three years at fifty. Always respect mom and dads opinion. For me, wouldn't be able to pull it off without the work ethic they taught us kids when we were young. As they are getting older, they seem to be more for the idea of ER on my end. Hope they are still around when I have mor time to see them
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Old 12-26-2011, 03:13 PM   #70
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I just had the ER conversation with Mom. She retired at 60 with a small pension, then took early SS at 62, but wasn't sufficiently prepared financially. She has done several part time jobs since then, and told me over dinner that she wouldn't change a thing. Although it's been tougher than she thought, the "soul sucking job" was something better left behind. All the same, she thinks I should work a few more years, until I am at least 50.
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Old 12-26-2011, 08:52 PM   #71
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Long story...My dad ER'd at 55 (selling his business after both of his DDs graduated college). I w*rked in Megacorps for 31 years (the first 25 years were great, then started downhill). After my dad died (Nov 2006), my mother pointed out that our conversations each week were more and more about my toxic w*rk environment. So I pulled the ER trigger last year. Now my mom says I "work" too much on my volunteer activities ;-) Bottom line - no issues with my mom (and for the record, my FIL is on board as well)

"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." William Feather
ER'd Oct. 2010 at 53. Life is good.
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