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View Poll Results: At what age did you or will you retire?
Age 49 or younger 51 13.64%
Age 50-54 88 23.53%
Age 55-59 132 35.29%
Age 60-62 65 17.38%
Age 63-65 25 6.68%
Age 66-69 6 1.60%
Age 70 or older 7 1.87%
Voters: 374. You may not vote on this poll

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Old 05-29-2020, 03:17 PM   #21
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I retired at 60. I first started looking seriously at retirement at age 53 (a little before joining this forum). Various calculators (including FIRECalc) and a Megacorp-provided financila advisor all said it was possible. But taken a closer look at our planned expenses, I decided I wanted a "comfortable" retirement living level, once that did not depend on me even having to work part time, or be required to take SS too early.

Given the amount of age discrimination occurring in the workplace, I did not assume that I could easily get a job. I also did not want to have to get a job requiring physical work - any good physical health I had left I wanted to spend on things for enjoyment, not for employment. So I kept working until my expected pension (fortunate to have one) grew to the required level, also building up a buffer of cash/investments assets well beyond what the calculators/planners said I needed.

While I was financially ready to go at 58, I decided to follow an "OMY Glide Plath" process for 2 years that I detailed here (, if you are interested. The result was me retiring in June 2018 at 60.

So far I am very happy with the results. I have a couple of friends who retired around the same time as me, but took on part time work. The coronavirus downturn is impacting their retirement. I still have very good health, and the market run up and fall down since I retired has helped reassure me that my plan is actually working. I have had offers for work from former colleagues, clients, and headhunters, but my head is just not into working full time or part time.

Of course, every person has their price... if someone came along with an offer of, say, no more than 8 hours a week, work from home, no physical work, paying $150 an hour or more, it would be tempting .
FIREd date: June 26, 2018 - wwwwwwhat a rush!
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Old 05-29-2020, 03:17 PM   #22
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Originally Posted by 6miths View Post
Yes agree on the strictness of the poll is a little artificial.
Perhaps. But I want to avoid the never ending parade of "what ifs"... "What if I work a few hours a month at the golf club just for fun even though I don't need the money?" So I decided to make the definition as pure as possible.

Also I've noticed a trend of people claiming to be retired while continuing to work (they make up whatever definition of retired that suits them and claim to be retired even though they are working) and I want to exclude those people from claiming to be retired in this poll.
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Old 05-29-2020, 04:26 PM   #23
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I keep coming back to this... And pouting. I will never be retired under your rules unless we change where we live. And moving sounds like w0r%. Since our granny flat is on our home's lot - we'd have to tear it down or let it sit empty to qualify as retired under your rules. As I said before - I sure feel like I'm retired and am super bummed to find out that I'm not.

Ironically - my sister, who does about 40 hours of scheduled volunteering a month - on a rigid schedule, qualifies as retired under your rules. She has to set an alarm and show up places at specific times for specific shifts. No pay, does it because she likes it.
But I don't qualify... Pout.
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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Old 05-29-2020, 04:44 PM   #24
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Originally Posted by rodi View Post
I guess I can't vote... We have a granny flat. I cash a rent check once a month - and by your definition, that makes us not retired. Since we've had the same tenants for almost 6 years, and spend about 15 hours a year on maintenance average - it sure doesn't feel like work. But the income is part of our retirement income stream.
Ok, out of respect for you I will allow this one exception...if you spend less than four hours per month maintaining a rental unit and you do no other paid work you can qualify as retired.
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Old 05-29-2020, 04:57 PM   #25
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Fully retired at 59. Income from investments and social security, no pension.
Retired at 59 in 2014. Should have done it sooner but I worried too much.
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Old 05-29-2020, 04:58 PM   #26
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Itís hard to predict my future, but I answered 55-59 because I assume that I will want to do some part time work after full time work is over. Not so much for the income but more as an opportunity for this introvert to get some interaction with people. If I find volunteer work that fulfills that social interaction need, then retirement with no part time work will be earlier.
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Old 05-29-2020, 05:17 PM   #27
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My plan is 55 + one week (so I can enjoy my birthday, achieve access to retiree health insurance, and then deal with the last week of work a bit more relaxed).

I have never really liked working, so when I donít have to, I wonít.
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Old 05-29-2020, 05:25 PM   #28
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Both DW and I retired on Sept 2nd 2016. I was 57 and she was 59. Neither of us have worked a day since for a wage. She volunteers a little for the Ladies Golf Association where we play. Me, never, not volunteering, not working, love retirement.
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Old 05-29-2020, 05:33 PM   #29
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Original plan was to retire at 55. I think I can now retire at 50.
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Old 05-29-2020, 05:53 PM   #30
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I put the age I retired from my big job. I will probably always work a little bit, my choice.
Retired in 2013 and we are living the dream!
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Old 05-29-2020, 06:36 PM   #31
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Pretty well sat on retiring at end of this year.

I will be 61 year 5 months old

Lifes A Dance And You Learn As You Go....

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Old 05-29-2020, 06:41 PM   #32
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Retired at 58 years 8 months old on 4/2/2014. Submitted my resignation letter 10/1/2012, but my company wouldn't buy my stock unless I stuck around for a while. Luckily I only worked 1.5 days a week for the last 1.5 years, mostly remotely. Good transition into retirement.
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Old 05-29-2020, 06:43 PM   #33
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Originally Posted by JustCurious View Post
I don't know what you mean by "on the side," the side of what? My answer would depend on whether that person earned money from the hobby. If you work at a hobby and earn money from that hobby then I would not consider you to be retired.
On the side of being retired I guess. On the side of doing what I want, when I want, and whether that hobby brings me in $1 or $10000 it makes zero difference in whether or not I'm "retired" to most people. (I just happen to do it because I enjoy it).
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Old 05-29-2020, 07:03 PM   #34
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planned for 50, couldn't get the ducks lined up so went to Plan B and retired at 55. good-bye-happy retirement party on my 55th birthday, turned in keys and got next-to-last paycheck (2-week delay) and said final goodbyes the next day. that was a friday. saturday morning we took off on a 13-week RV trip in our motorhome. was totally relaxed by the time we returned home. most excellent memories.
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FIRE: 8/11/2005, age 55y,1d
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Old 05-29-2020, 07:12 PM   #35
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My grandparents, even in their 90s, had rental properties. That was the example that I saw of 'retirement' when I was a growing up.

I got my pension when I was 42. It is enough to support us, and to continue investing. We live on 75% of my pension, and we maintain rentals.

You may invest in whatever you want to invest in, I choose to invest in rentals.
Retired at 42 and I have been enjoying retirement for 18 years [so far].
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Old 05-29-2020, 07:28 PM   #36
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My wife and I were both age 50. Probably should have planned better as we just missed the 49 and under category!
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Old 05-29-2020, 09:21 PM   #37
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I retired at age 57 and 28 days. DW was 58. Not a single day of anything resembling work since then.

Live on a nice pension from megacorp and withdrawals from IRA. Will take SS when we hit 70. We could have quit work when I turned 55 but wanted some buffer.

Itís been about 2.5 years and not one second of regret or boredom.
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Old 05-29-2020, 09:29 PM   #38
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I retired the month I turned 62. I was eligible to retire with pension at 59 1/2 in 2015 but was worried that I might not have quite enough money to do all the things I wanted to, especially given the predictions at the time of another big recession. My older brother warned me that I had plenty and would regret working those few extra years and I still remember his words and wonder whether this COVID-19 mess or some other health issue will impact my enjoyment of retirement and prove him right. But I have no real money worries and could live on pension and Social Security alone because I waited, just dipping into investments for occasional large purchases. No need or desire to ever work again.
Retired on 9/30/2017 at age 62
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Old 05-29-2020, 10:00 PM   #39
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My wife and I retired from government jobs at ages 56 and 58 with pensions. We each qualify for social security. We have savings sufficient to meet our needs if necessary. Until age 67 I continued doing lucrative work for <=8 hours/wk, remotely at times of my own choosing. I've considered myself retired since age 58 but I've answered 67 for this survey. Any money I earned after age 58 is more likely to be spent by our kids than by us.
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Old 05-29-2020, 11:11 PM   #40
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Hardly worked for others at all, but did start buying rentals. Was going to sell them all and retire but in 2008 the real estate market (but not rents) crashed, so kept renting and cashing the checks. Did buy a place in SoCal in 2010 and have spent the dreary 6 months of Oregon down in the sunshine since then. Don't need the money, but don't want to jerk the paycheck away from the man who cares for our places, so we keep running up the score. 70 now and at this rate we may never retire.

Or maybe we will - considering selling about 3/4 of the units to others and selling 1/4 to the gent whose income I feel responsible for. If I price it right (well below market) and don't charge a down payment and keep the interest low he could pay us over a 30 year contract and still pocket as much as he's been making. Maybe have the title be a TOD as 30 years feels unlikely.
"Be kind whenever possible. It is always possible." Dalai Lama
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