Retirement

I am way too young to retire, but I watched my parents struggle when my dad could not work any more due to injury/disability. He was far too young to retire as well, and he was supposed to have a great retirement plan in place that would have let them live very comfortably for the rest of their lives, because his company offered a fantastic benefit package. However, this did not include unexpected disability ... and it is not like many people actually plan on becoming disabled. I took there experience and tried to learn from it, so I started planning on retirement when I first started working. I figured that by the time I was ready to retire, I could do an early retirement and still have plenty to live on for the rest of my life. Fortunately I planned ahead, because of course plans never tend to work out ... or at least it does not seem like mine ever do ... and the money that I had put away helped us to get through some tough financial times. However, now I have to try to build that money back up so that I will have money to live on in the future.

I was hoping to retire at age 30 and enjoy the rest of my life with a business running without me, some millions in my bank account. Of course I wouldn't be doing nothing because I would be busy traveling around the world, playing with my kids, spending time with the wife and playing my favorite games on the computer, getting fit and join fighting competitions all over the world. But due to circumstances that never happened and I think I'll still be working well beyond 50 years old. Had I been elsewhere but my country I could have pulled that off easier. Like if I were in the USA. But I ain't. Now that I'm too freakin old to probably achieve all that, I'll just try to keep up and thrive. hehehe.

I "retired" very early because of an on the job injury that left me unable to work. I got bored very rapidly since I was used to the high speed lifestyle that my job had me living. Everything fell into place for me to start my own business. I work out of my home, and can work when I want to and not work when I want to do something else. It has saved my sanity and keeps my mind active. A big plus is that I had developed arthritis in my fingers, neck and back...with the work I do at home helps me keep my body limber and the arthritis under a semblance of control. Also, with the work I do I am able to travel where ever I want to go and not have to worry about not keeping up with "business".

Hi sue, I actually don't see myself retiring anytime soon and I'm 56. I've been a single mom for so many years (4 girls...all spread out in ages) My youngest is just graduating this year. I have always worked and scraped to get by. We had an IRA where I work and at the time that they started it, I could not afford to even put in 10.00 per week, things were that tight. At the time, I still had 3 daughters at home. They grew up and moved out and I signed up for it and my boss stopped it because none of the others wanted to bother with it...it's a small business. Then the economy went bust and I struggle as much now and maybe more so than I did when they were all at home. I've put into the stupid Social Security since I was 15 yrs old but I don't trust that will be there for me . I don't know what I"m going to do to be honest. I think I'll just work till I die.

Hello, Suebee. About a month from now, I'll be turning 74. At retired from government service at age 63 from teaching and as municipal local government operations officer. In our country with a middle income like myself plus the income of my wife as a teacher can hardly make both ends met. Thanks God we were able to educate and let our 5 children finish college. Now with our retirement benefits gone, wife and me have to rely mainly on our monthly pensions from 2 sources for our food sustenance and medicine. Major expenses like hospitalization bills are shouldered by my children. For those in the prime of life whether publicly or privately employed,please heed my advice. Save a good portion of your income while the sun shines. Never squandered money in things that you can live without. Materials things depreciate in cost except a few. Aside from retirement benefits offered from your current employment, try to invest in another retirement plan, say, 10 years, to pay. This is what we did and now that we're retired we're reaping the benefits. Think and protect your olden days. Don't hope for charity, dole-outs from your children, others. I find it truly rewarding and satisfying to fish money from my very own pocket. Don't interpret retiring as resting. Let all your senses- bodily, mentally, etc. function the more. There's more to life. Thanks the Almighty for all the things that come all day. Enjoy the sight of birds as they soar up high flawless. The scent of ripening palay in the fields and the crowing of the Kalao birds are some of nature's blessings that we can look forward to. Now I'm able to repair broken umbrellas, do simple electrical works, appreciate and do gardening and raising plants. Best of all, I learned a little of the computer and the internet business by self teaching. You may visit my writings in hubpages. Just type @nick071438.

I am still young but i think of future when i retire. I want to work hard to earn more money ...and i do hope when i am retired, i will be financial free, sometime i will go travel and do plant in the village.

I just can't afford to base my retirement on my age alone anymore in today high inflation environment, i have to resort to see how much i get to save up in my retirement fund and how quickly my retirement income can build up over time. If i am only have few hundred left in my golden year's account, then i will have no choice but work some more years until i can feel comfortably sure i will not go hungry or homeless when i reach my 'official' retirement age like the old time and the rest of the workers. It is no more an easy decision to make for anyone like the old time where someone can decide at what age one should go on a retirement retreat without more planning, often one has to work way pass his/her retirement age in today market place due to the fact that the cost of living is getting too expensive for one to retire at the designated age of our father or grandfather anymore.

I just turned 50. I would like to retire before I am 70. The way things are I don't know if I will ever be able to retire! I have no idea if social security will be around in the future. I do have a retirement fund going but there is no guarentee I can live off just that if there is no social security! Right now there are so many "if's" for the future. I do some a few people who are of retirement age. Both are still working,seasonal jobs at the college I work at. One is 76 and the other is 82. Both keep going because they aren't ready for full retirement! They want to keep busy! I know a woman in her late sixties who ended up retirng at 65. She wanted to work longer. At the timne we had a real jerk for a boss and she didn't want to stick around with him still around! She keeps busy at the senior center and taken a few trips with her husband. If I do retire I will try and stay busy like the three I mentioned!

I think nature of the job and aptitude of the person engaged with it is an important factor in this matter. Leaving some job as the arrival of retirement time is painful, while retirement from some job is getting freedom and relax. All these vary with persons. To me trying a life with variety after 50s would bring more dimensions to life. Certainly money is a deciding factor in the life after retirement, where pension schemes can make big difference.

here in Indonesia every employee retire at the age of 55 because that's the regulation from the government, some companies give the employee their retire money just like thanking them for working for some term of time and that amount of money is quite lot! at least for me. but still some companies don't follow the regulation, there's still some group of people who still work even their age is already 55up, so yeah it depends to the person individually and the companies either. for me, i would like to retire at the age of 50 and enjoying the rest of my life live happily with my families, but still, walking to that path is not easy, we have to have some plans from now on and works so hard so that plan might happened, i'm 22 years old now and i'm making my path to success before the age of 30 hopefully, so that i can retire at the age of 55, i'm finding to make money works for me and not the opposite, so that when i'm reach the age of 55, i don't need to have any kind of jobs anymore because i have money works for me, yeah hopefully! :D