How old are you guys…kutta, smails, peggy(when you retired).
The prime earnings years is a double edged sword for sure. I’m 53, could retire but my colleagues would all think I’m crazy and it feels too early when I can still bank meaningful $. I’m thinking for sure by 60, but am sort of taking it year by year.
Anytime I hear "you're too young to retire" I remind them that retirement isn't an age, it's a dollar amount. And that goes for passing up on making more money too. When you reach financial independence you can do whatever you want to when you wake up in the morning. That's the goal. If you love your job and desire to go to work in the morning, or getting even more money is what is important to you, that's great. Just concentrate on what you want and not what others think.
I had just turned 55. Original goal was to reach financial independence by age 50, but, things didn't go perfectly.
Yeah, this is how I think of it too. The age part is irrelevant. Ditto for what others might think about my decision.
I turned 50 a couple months ago. *Should* be all set to retire next April but it depends on factors outside my control (company stock price, what happens with other investments, where my kids go to college). Both kids will be seniors this year, so we should know by February where they are going (if anywhere). I’m concerned about market valuations that are at/near historic highs, and thus would like a bit more cushion than most objective parties would recommend.
Appreciate all the folks who post in here, this thread has helped me think about all aspects of retirement.