Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Retire or Not Retire - Everyone has a choice!
Old 05-04-2007, 04:26 PM   #1
Dryer sheet wannabe
Join Date: May 2007
Posts: 21
Retire or Not Retire - Everyone has a choice!

Hi everyone,
One day there were too much ice on the road, a friend of mine, who is one month older than me, who works in a dangerous job to fix the gas line, who is an old friend in the Navy who made a bet that whoever not retire this year will pay for the retirement party, he called his boss and said good bye.

Now because of afraid to lose a bet, I stopped by my manager's office one day in April, 2007 and told him that I had enough in the IT field and will call for a quit in October 2007 when I am 55 years old and will be qualified for a small pension.

The thought of not working no more, no longer to be called 2 or 3 times a night to fix computer problems, no more stress from working with morons and bad boss, make me feel a lot better. Now I will have time to do what I love to do: Playing the piano, guitar, taking care of mom (78), fishing, gardening, fixing things around the house...

Can I live on my small pension plus some interest money from savings? That is the question that I have read from people in this forum asked. The answer is only I will know if I can live on small pension or not. That is the price that I am willing to trade: nice things for a peace of mine. Life is too short and I hope i can enjoy it for few more years...

Some of the posts in this forum did make me nervous. I read that people got million of dollars in 401K, equity, savings,... and still worry about not have enough to live. So how can I manage to retire while losing a big chunk of my very good salary and will try to manage to live on small pension + savings. Well, there will be a big adjustment has to be made but the thought to be FREE after 32 years of working made me feel so great.

Luckily my wife will work for few more years to help the health insurance, then may join me with her small pension from work, then we can draw on my small 401K until we can collect from uncle SAM when we are 62. So if we can manage and cut back unnecessary expenses and luxury things -- we can survive and starting to enjoy life.

Does enjoying life need to have a big yatch, a yearly trip to foreign country for vacations, golf everyday,... I believe it is up to all of us and we all have a choice. To spend time in the garden, to walk along the park with your spouse, to play, learn, practice any musical instruments, to write a book, to volunteer charity work,... all of these are perfect for whoever wants to enjoy life... AND you do not need to have million dollars to do that.

I hope to hear from people who did retire and who manage to adjust the finance so he/she can really have peace in mind, and enjoy life when it is too short.

Also, I hope that their stories and advices will encourage more people to join the retirement club without worrying too much about money and material.

If we all can keep this thread alive until more and more people joining us. Again, Life is too short as I did see it from my life -- my sister died at 32, my sister-in-law also died at 32, my wife's brother-in-law died at 42, and recently a co-worker who is very healthy (that what i thought), who is very smart, who is very nice, who is never complain and said bad things about people, all of the suddenly, came down with a serious cancer and died within 4 months.

We all have a choice and let's us make a good one.


huutrinon 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 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!

Re: Retire or Not Retire - Everyone has a choice!
Old 05-04-2007, 04:34 PM   #2
Moderator Emeritus
Nords's Avatar
Join Date: Dec 2002
Location: Oahu
Posts: 26,853
Re: Retire or Not Retire - Everyone has a choice!

Welcome to the board, Huutrinon.

Originally Posted by huutrinon
I hope to hear from people who did retire and who manage to adjust the finance so he/she can really have peace in mind, and enjoy life when it is too short.
Have you run your numbers through FIRECalc yet?

Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on "The Military Guide to Financial Independence and Retirement."

I don't spend much time here— please send a PM.
Nords is offline   Reply With Quote

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
500 search phrases for 2006 dory36 Other topics 2 01-16-2007 08:00 AM
I thought I'd post a Picture of my Wife naked..... TromboneAl Life after FIRE 13 10-19-2005 10:14 AM
How people find us... asian carp?? dory36 Forum Admin 4 05-27-2005 01:07 PM

» Quick Links

All times are GMT -6. The time now is 04:17 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2023, vBulletin Solutions, Inc.