Should I Retire? | |
Anonymous Coward User ID: 74821276 United States 08/25/2020 01:33 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78653277 United States 08/25/2020 01:41 AM Report Abusive Post Report Copyright Violation | |
Isis One
User ID: 76795039 United States 08/25/2020 01:43 AM Report Abusive Post Report Copyright Violation | Remember you SS is based on the what you made in the last 5 years before retirement... Quoting: Southern man 75098604 Wrong. [link to www.ssa.gov (secure)] Thank you. I suspected that post was wrong. Spread the word, change the collective conscious...... THERE IS MORE THAN ENOUGH OF EVERYTHING TO GO AROUND When you are undisciplined, the universe is extremely forgiving and when you are disciplined, the universe is extremely generous. Me One doesn't discover new lands without consenting to lose sight, for a very long time, of the shore. Andre Gide [link to www.godlikeproductions.com] |
Anonymous Coward User ID: 73813136 United States 08/25/2020 01:48 AM Report Abusive Post Report Copyright Violation | Yes, and No. You should "retire" and take what you can get, but also find something to do, no matter what it is, to fill your time and generate a few bucks(cash, off books) to supplement expenses(even if it's just grocery and gas money). That's at the least, if you can actually take a hobby and turn it into a business, then hell, do it. Point being, if you have worked all these years, are tired of what you did(do) and aren't materialistic to the point of needing a bunch of money beyond basic living expenses, then take the time, if not an actual retirement, think of it as a 5 or 10 year vacation. Think of the opportunity as a sailboat, get on it, point it where you "think" you want to go and see where it ends up. It may go where you want, it may end up somewhere else, either way, it was a nice trip. |
Anonymous Coward User ID: 77888403 United States 08/25/2020 01:57 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77888403 United States 08/25/2020 02:01 AM Report Abusive Post Report Copyright Violation | unless you have bad medical issue,piss off the insurance.get regular exercise and theres a good chance you will die in your sleep and never see a hospital. Quoting: Anonymous Coward 79303048 3800 is about double my ue,so you are double above me in income.i dont know your bills but i would say thats decent.new truck and house payment with a good fund for extras. I am in good health, but my wife , not so much. Been renting for the last 6 years because of a bad divorce. But, I got a good amount of money saved upped to buy some property and we are looking. OK,see you dont own a house.Without that,no,2100/month is going to be real tough.Can you buy something with your savings? |
Anonymous Coward User ID: 79291945 08/25/2020 07:18 AM Report Abusive Post Report Copyright Violation | |
Just Passing Through.....
*MOLON LABE* User ID: 78176210 United States 08/25/2020 07:23 AM Report Abusive Post Report Copyright Violation | I am 55, will be 56 soon. I can take early retirement now. I would get $3800 a month without our insurance, $2100 with insurance. Quoting: kdog82 Been laid off for 2 months now, collecting unemployment and using my savings. I have no debt, my bills are about $1200 a month. I could go back to work making about $48 an hour if I can find work. Dude, retire. Tomorrow isnt promised and this country is going down. Enjoy your time. If you can budget it and KNOW you'll be fine do it. Make a few back up plans like sidework or a hobby you can make money off of if need be. I take it since you said you're union you're a craftsman. "She isn't real.....I can't make her real" "Somewhere between the sacred silence and sleep...Disorder, Disorder, Disorder" "The World is a business Mr Beale..." "You depend on our protection yet you feed us lies from the tablecloth......" ENFJ |
claircognizant_one
User ID: 79302912 Canada 08/27/2020 09:49 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77440428 United States 08/27/2020 10:36 PM Report Abusive Post Report Copyright Violation | I have been working since I was 16. I am now 46 and have been working in IT for 25+ years. I have easily averaged 50-60 hours a week for the last 10+ years. Quoting: Anonymous Coward 77917415 I am now burned out and have lost my passion for IT. H1B1s are everywhere. They stick together and look out of any of them reach management. Any non H1B1 employees will slowly be filtered out while their H1B1 buddies are hired on. People backstab, take credit for other's work, try to make others look bad, etc. Bad managers who have no clue what you are doing and play favorites to whoever will brown nose them the most. Not sure how to get out of IT and still make a good living at my age. Also would like to retire in 10 years or so. Definite open to any helpful advice. Thinking about a career change, but just not sure what to do at this point and still make a good living. This is almost my exact same story, only I am 47. Completely burned out. Thought about going into teaching, then the pandemic hit. I am financial very stable, in large part due to working so hard, staying debt free, and saving every penny. I took a breather in November, and am still trying to get my bearings as to where I want to work. The Hindus have a really interesting take on life phases. They believe that by age 51 you should really start retiring to focus on spiritual matters, teaching the next generation, and turning over your affairs to your eldest son. Not bad advice and outlook. I must have been a Hindu in another life. |
claircognizant_one
User ID: 79302912 Canada 08/27/2020 10:38 PM Report Abusive Post Report Copyright Violation | I have been working since I was 16. I am now 46 and have been working in IT for 25+ years. I have easily averaged 50-60 hours a week for the last 10+ years. Quoting: Anonymous Coward 77917415 I am now burned out and have lost my passion for IT. H1B1s are everywhere. They stick together and look out of any of them reach management. Any non H1B1 employees will slowly be filtered out while their H1B1 buddies are hired on. People backstab, take credit for other's work, try to make others look bad, etc. Bad managers who have no clue what you are doing and play favorites to whoever will brown nose them the most. Not sure how to get out of IT and still make a good living at my age. Also would like to retire in 10 years or so. Definite open to any helpful advice. Thinking about a career change, but just not sure what to do at this point and still make a good living. This is almost my exact same story, only I am 47. Completely burned out. Thought about going into teaching, then the pandemic hit. I am financial very stable, in large part due to working so hard, staying debt free, and saving every penny. I took a breather in November, and am still trying to get my bearings as to where I want to work. The Hindus have a really interesting take on life phases. They believe that by age 51 you should really start retiring to focus on spiritual matters, teaching the next generation, and turning over your affairs to your eldest son. Not bad advice and outlook. I must have been a Hindu in another life. Exploring one's spirituality takes a lifetime and work gets in the way. |
Anonymous Coward User ID: 41173011 United States 08/27/2020 10:50 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79314141 United States 08/27/2020 11:00 PM Report Abusive Post Report Copyright Violation | That is why people can't really quit working, and when they do...............they spend years trying to figure out why they are depressed. Then They DIE. |
Anonymous Coward User ID: 79314141 United States 08/27/2020 11:03 PM Report Abusive Post Report Copyright Violation | Work and responsibility gives us incentive to live, we need structure and routine. We weren't created to exist, we were created to produce. Quoting: Anonymous Coward 79314141 That is why people can't really quit working, and when they do...............they spend years trying to figure out why they are depressed. Then They DIE. We all need to create or build something, if you don't then you become useless. |
Anonymous Coward User ID: 78886172 United States 08/27/2020 11:13 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79314141 United States 08/27/2020 11:14 PM Report Abusive Post Report Copyright Violation | Work and responsibility gives us incentive to live, we need structure and routine. We weren't created to exist, we were created to produce. Quoting: Anonymous Coward 79314141 That is why people can't really quit working, and when they do...............they spend years trying to figure out why they are depressed. Then They DIE. We all need to create or build something, if you don't then you become useless. Do you know anyone who always parks in the same spot? why?? |
Anonymous Coward User ID: 79314141 United States 08/27/2020 11:16 PM Report Abusive Post Report Copyright Violation | |
Anonymous User ID: 19313043 United States 08/27/2020 11:41 PM Report Abusive Post Report Copyright Violation | |
claircognizant_one
User ID: 79302912 Canada 08/27/2020 11:42 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79044425 United States 08/27/2020 11:53 PM Report Abusive Post Report Copyright Violation | I'm kinda sorta retired since I turned 50.....I been self employed 30+ yrs doing what I enjoyed....made my own hours... my workshop, house and everything else is paid for...no debts at all.... I work 3 days a week on projects and its fun "work"....I'm not sure I need to officially retire....I'm 60 and probably start collecting SS at 62....I'll cut my work down to the max allowed before penalties....I think that's 18K a year.... I can be kinda sorta retired the rest of my life.... |
claircognizant_one
User ID: 79302912 Canada 08/27/2020 11:54 PM Report Abusive Post Report Copyright Violation | I'm kinda sorta retired since I turned 50.....I been self employed 30+ yrs doing what I enjoyed....made my own hours... my workshop, house and everything else is paid for...no debts at all.... Quoting: Anonymous Coward 79044425 I work 3 days a week on projects and its fun "work"....I'm not sure I need to officially retire....I'm 60 and probably start collecting SS at 62....I'll cut my work down to the max allowed before penalties....I think that's 18K a year.... I can be kinda sorta retired the rest of my life.... Sorta, kinda, is not retired. You are still working. |
Anonymous Coward User ID: 79044425 United States 08/27/2020 11:56 PM Report Abusive Post Report Copyright Violation | I'm kinda sorta retired since I turned 50.....I been self employed 30+ yrs doing what I enjoyed....made my own hours... my workshop, house and everything else is paid for...no debts at all.... Quoting: Anonymous Coward 79044425 I work 3 days a week on projects and its fun "work"....I'm not sure I need to officially retire....I'm 60 and probably start collecting SS at 62....I'll cut my work down to the max allowed before penalties....I think that's 18K a year.... I can be kinda sorta retired the rest of my life.... Sorta, kinda, is not retired. You are still working. I can draw SS and still earn up to 18K a year no? |
Anonymous Coward User ID: 78682637 United States 08/28/2020 04:56 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78854264 United Kingdom 08/28/2020 05:52 AM Report Abusive Post Report Copyright Violation | I am 55, will be 56 soon. I can take early retirement now. I would get $3800 a month without our insurance, $2100 with insurance. Quoting: kdog82 Been laid off for 2 months now, collecting unemployment and using my savings. I have no debt, my bills are about $1200 a month. I could go back to work making about $48 an hour if I can find work. You are made up! Do it! |