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04-06-2013, 03:02 PM
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#41
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Thinks s/he gets paid by the post
Join Date: Mar 2013
Posts: 1,788
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Quote:
Originally Posted by Amethyst
Only if you care what unspecified Other People think. Their opinions are utterly beyond your control.
Amethyst
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Right, but everyone internalizes social mores to some degree, and that's what I was speaking of. Not particular other people and what they would think, but just the internalized beliefs about working in our culture, the ones that I assume most of us share.
I'm used to going my own way, for the most part, so that didn't bother me too much. I think my bigger concern was the financial piece. It's hard to walk away from a big (or medium-sized, anyhow) paycheck and make the jump to living primarily on investment withdrawals. There's a certain leap of faith there. I guess my faith was a little shaky yesterday. Better today.
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04-06-2013, 04:31 PM
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#42
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Moderator
Join Date: Jul 2010
Posts: 7,940
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Curious as to when you retired? 53
Was it a good decision or should you have waited? Definitely a good decision.
Or should you have done it sooner? Probably could/should have done it 18 months earlier when my BS bucket was full to overflowing, but knowing we needed to move and buy a new car, I wouldn't even think about it.
__________________
"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
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ER'd Oct. 2010 at 53. Life is good.
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04-06-2013, 04:41 PM
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#43
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2003
Location: Kansas City
Posts: 7,968
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Quote:
Originally Posted by mickeyd
Plug was pulled by the company and I was suddenly unemployed @ 58 or so. To my surprise we had plenty of pensions/investments that will last until we are 100+.
That's OK. I'll get over it.
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Ditto - except age 49.
heh heh heh - I used to joke about 84.6. Now I will happy to go as long as possible.
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04-06-2013, 04:45 PM
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#44
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Recycles dryer sheets
Join Date: Mar 2012
Posts: 80
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Quote:
Originally Posted by NoOneGetsIt
I was sharing with my DH [I think that means husband?] about this blog and he asked me what the average age of the FIREs was so....
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Curious as to when you retired? I retired a year and a half ago when I was 47.
Was it a good decision or should you have waited? I have mixed feelings. I feel I didn't put in enough years to "deserve" retirement. I really think I have the money I need, but I keep looking at the numbers and imagining worst case scenarios and I'm not sure why. I think maybe it seems just too good to be true.
Or should you have done it sooner. I think I got TOO burnt out at my job by the end. I may not have had the funds to retire earlier, but perhaps I should have considered other options 5 or 6 years ago. The problem was that I thought the other options would have resulted in a big drop in income and would have made it impossible to retire early. And maybe other jobs would have turned out just as bad.
Someone posted this quote.
22. Over prepare; then go with the flow.
I think this might be the ER motto. I've done step 1 (Over prepare) and now I have to stop worrying and go with the flow.
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04-06-2013, 05:12 PM
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#45
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Full time employment: Posting here.
Join Date: May 2007
Posts: 984
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- Age 51 (in 2008).
- Great decision.
- Earlier would have been even better (but only a year or so earlier would have been possible).
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04-06-2013, 05:31 PM
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#46
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Posts: 6,506
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Exactly 59.5
__________________
There must be moderation in everything, including moderation.
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04-06-2013, 06:11 PM
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#47
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Posts: 2,525
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52, yes, no, no. I always assumed DH meant "dead horse" as in "stop beating that poor DH"
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04-06-2013, 07:35 PM
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#48
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Recycles dryer sheets
Join Date: Dec 2010
Posts: 445
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Quote:
Originally Posted by pb4uski
Yes, DH=darling husband, DW=darling wife, DD=darling daughter, DS = darling son
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Possibly on occasion, DH=d#%& husband etc.
But not by any on this board.
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04-06-2013, 07:45 PM
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#49
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Recycles dryer sheets
Join Date: Jan 2013
Posts: 296
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Quote:
Originally Posted by ls99
Exactly 59.5
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Also my plan, unless I succumb 2 the OMY syndrome.
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04-06-2013, 07:47 PM
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#50
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2009
Posts: 5,308
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Actually I've always heard that DH, DW, etc. means either Dear Husband (or whatever) or D****d Husband
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04-06-2013, 07:56 PM
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#51
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Recycles dryer sheets
Join Date: Nov 2012
Posts: 112
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57. Should have done it a year earlier when I first handed in my resignation. The owner kept asking me to stay another month. Finally I had to just tell him I was no longer coming in to the office. Unfortunately I came down with an rare neurological illness three days after my last day at work which I'm still struggling with 7 months later. My wife blames the stress and heavy travel of the final two years.
__________________
Retired at 57. Now a happy camper!
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04-06-2013, 08:00 PM
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#52
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2009
Posts: 5,308
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Quote:
Originally Posted by NoOneGetsIt
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Quote:
Curious as to when you retired?
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DH fully retired at 62 1/2. I semi-retired at 56. I actually had turned in my resignation to fully retire but was made an offer to good to refuse to work one day a week. For almost 3 years since then I've been working 1 or 2 days week. I am pondering now when to fully retire.
Quote:
Was it a good decision or should you have waited?
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DH and were just discussing this the other day. This was in the context of talking about when I will fully retire.
For DH he has loved being retired and never missed the work at all. He did comment the other day that we would have more money had he stay until he was 65. Of course, that is almost always true. When he retired we had some uncertainty about what would happen with the Megacorp he worked for and he was to receive a lump sum in lieu of pension and retiring the exact month he retired most maximized the amount of that lump sum. That said, almost 3 years later, Megacorp did great so it would have been a net gain to stay.
For me, I was extremely burned out and extremely stressed by my work at the time. Economically it would have been better for me to stay for 3 more years.
Our situation is more complicated because we had some negative house-related financial events that happened in the first couple of years.
Looking back on it all 3 years later - the fact I was working part-time allowed us to mitigate most of the negative financial stuff. Not all of it, but the bulk of it. Had DH not retired then and had I not semi-retired all of that would have been easier.
But - it almost always will be easier financially to defer retirement. Both DH and I have thoroughly enjoyed the last 3 years and while it has been a bit of a wild ride it has all worked out.
Quote:
Or should you have done it sooner?
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No.
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04-06-2013, 08:57 PM
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#53
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Full time employment: Posting here.
Join Date: Sep 2011
Location: Bushnell
Posts: 607
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Quote:
Originally Posted by ER Eddie
Aren't I being reckless or lax or irresponsible somehow, by bowing out so early? Shouldn't I stick around longer, like everyone else? And I'm going to walk away from a job at my "peak earning capacity"? Isn't that foolhardy?
Granted, this is an early retirement forum, but at least I feel less like an oddball -- or an oddball with plenty of company, anyhow.
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A year and a half ago at 47.
Sometimes I have the same feelings of apprehension described above. Then I remember how unhappy I was at work and how hard I worked to accumulate enough money to retire early. I am much happier now than I was then, though I could do more to optimize this great gift I have given myself.
I think the key is to ignore the conventional wisdom and do what you think is best for you.
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04-06-2013, 09:26 PM
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#54
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Confused about dryer sheets
Join Date: Feb 2012
Location: San Diego
Posts: 7
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Just over a year ago at 46. Last day was Feb. 29, 2012... hence the username.
No regrets.
LD
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04-06-2013, 10:23 PM
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#55
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Thinks s/he gets paid by the post
Join Date: Mar 2013
Posts: 1,788
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Nice to hear so few regrets.
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04-07-2013, 06:20 AM
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#56
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Full time employment: Posting here.
Join Date: May 2007
Posts: 883
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From the responses here, it looks like I waited till old age to retire! Retired from megacorp 38 days ago at age 60.
It was a good decision; I'd reached a point in my career where I'd had enough (and a point in my finances where I have enough).
I don't regret waiting till 60. Up to the time I'd had enough I was enjoying the w*rk.
__________________
"It is better to have a permanent income than to be fascinating". Oscar Wilde
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04-07-2013, 01:07 PM
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#57
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Thinks s/he gets paid by the post
Join Date: Sep 2012
Posts: 1,570
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Quote:
Originally Posted by comicbookgujy
WHAT I thought the "D" stood for dependable
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I thought the D stood for "da". Guess I been speakin too much pidgin Hawaiian.
__________________
You know that suit they burying you in? Thar ain’t no pockets in that suit, boy.
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04-07-2013, 04:34 PM
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#58
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Full time employment: Posting here.
Join Date: Apr 2008
Posts: 702
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Semi retired at 55.
Full retirement at 58.
back to work as a consultant at 60. Very limited hours mostly from home.
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04-10-2013, 09:37 PM
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#59
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Dryer sheet wannabe
Join Date: Apr 2013
Posts: 23
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We jumped ship at 38 (me) and 33 (DW)
6 months in I feel that it was the right decision and we should have done it sooner
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04-11-2013, 06:16 AM
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#60
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,071
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At 52 in 2007.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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