Retiredmajor
Recycles dryer sheets
First, THANK YOU to this forum and all of you for helping to educate me! I've learned so much over the last few years and you've all helped!
My wife and I retired just over a year ago at age 60 (almost 61) for me and 59 for her. During the last year I spent my time on 3 "hobby jobs" that were all very fun and enjoyable (Zipline Guide, Security Consultant, Project Manager). These are things I LOVE to do. Oddly, I earned almost as much as my full time job. My wife loves to stay home and busies herself with gardening, reading and helping her elderly mother. We took about 2% from our IRA's to cover some additional expenses because we took 5 trips including a 10 day trip to Italy. We had a blast! I've decided not to take SS when I turn 62 in a few weeks. We will re-evaluate year to year as to when it makes sense to take it.
My old company called and offered me another VERY Part-time Project Manager position for the next 8 months and I accepted. This will help keep me busy over the winter approx 20 -30% of my time. I can work from home most days and then there is some office time.
My other hobby jobs will continue as well so I guess I'm not really retired but I AM DOING ONLY WHAT I WANT and have tons of flexibility! I set my own schedule and work about 2-3 days a week some weeks and not at all other weeks.
When we finally collect SS, that along with my pension (which I already collect) will pay all our basic living expenses. Any other earnings plus our IRA's will be for travel and fun!
This site gave me the knowledge and courage to pull the plug. We are both young (relatively) and healthy and plan to make the most of the rest of our lives!
Thanks!
Major
My wife and I retired just over a year ago at age 60 (almost 61) for me and 59 for her. During the last year I spent my time on 3 "hobby jobs" that were all very fun and enjoyable (Zipline Guide, Security Consultant, Project Manager). These are things I LOVE to do. Oddly, I earned almost as much as my full time job. My wife loves to stay home and busies herself with gardening, reading and helping her elderly mother. We took about 2% from our IRA's to cover some additional expenses because we took 5 trips including a 10 day trip to Italy. We had a blast! I've decided not to take SS when I turn 62 in a few weeks. We will re-evaluate year to year as to when it makes sense to take it.
My old company called and offered me another VERY Part-time Project Manager position for the next 8 months and I accepted. This will help keep me busy over the winter approx 20 -30% of my time. I can work from home most days and then there is some office time.
My other hobby jobs will continue as well so I guess I'm not really retired but I AM DOING ONLY WHAT I WANT and have tons of flexibility! I set my own schedule and work about 2-3 days a week some weeks and not at all other weeks.
When we finally collect SS, that along with my pension (which I already collect) will pay all our basic living expenses. Any other earnings plus our IRA's will be for travel and fun!
This site gave me the knowledge and courage to pull the plug. We are both young (relatively) and healthy and plan to make the most of the rest of our lives!
Thanks!
Major