At what age do you plan to retire?

Will be 50 this year. I plan to retire around 60. I enjoy what I do, but 60 is the goal. I have saved well according to my financial advisors. I never really thought much about it honestly other than being told early in life to save. I am trying to enjoy the journey rather than focus on the finish line.

I'm almost 60. I'm retiring in three weeks from Texas public schools. My wife passed away right at a year ago. Between life insurance and retirement funds my finances are in very good shape, but I miss her terribly, as you might expect.

Boyd wrote:

I'm almost 60. I'm retiring in three weeks from Texas public schools. My wife passed away right at a year ago. Between life insurance and retirement funds my finances are in very good shape, but I miss her terribly, as you might expect.

My condolences Boyd- that’s tough.

I’m 55 , plan to work at my current schedule - I’m a physician - 3 days a week with one 24 hour call and one weekend a month for next 5 years, then cut back to 2 days a week for 4 years then be done at 65.

36 now. Plan to retire at 43-45. Plan hasn’t changed for about 6 years.

54 now. Will be retired by 56.

While I have enough money right now to retire and enable my wife to retire too, she wants to work until age 60. She's a college professor and makes more than enough to pay our bills just with her income alone, so not really that big of a deal financially for me to retire at any time.

She took 15 years off from the work force to be home with the kids, so she's enjoying her time working again (been back at it for almost 10 years now).

If I find a need to do something after retiring, I might find a job working with dogs. Perhaps do some part-time work at a Kennel/Doggy Day Care or something like that. Dogs are the best.

I'm 55, I retired last year. That had been my plan for as long as I have been thinking seriously about retirement, since about age 40 or so.

Oh...forgot to answer this part:

Yes, the age has changed for me.

I knew from early on I didn't want to work past age 65, so initially 65 was the target.

As I invested more money, that age dropped to 64 then 62 then 59.5 and now to 56.

I'm 31 and my wife is 29. We have about 300K between our retirement accounts. I imagine at this rate we should be able to retire comfortably at 60 if we want to. My dad is 66 and still works because he wants to. He's had an 8 figure net worth for years but doesn't plan on retiring anytime soon.

I retired at 45 about 5 years ago. My plan was always 62 but through frugality and a great stock market, I was able to retire much earlier.

Money matters wrote:

I retired at 45 about 5 years ago. My plan was always 62 but through frugality and a great stock market, I was able to retire much earlier.

how's that working out for ya? I hear lots of mixed things about doing that.

39 now. out at 55. always been the plan.

Me at BYU, so after me granulate at 45 me plan two work at Burger King four fourty years, sow me will bee 67.

Great. I have 3 children were in high school and JH and are now moving into college. Maybe in a few years I will need a new hobby.

oldslow wrote:

Boyd wrote:

I'm almost 60. I'm retiring in three weeks from Texas public schools. My wife passed away right at a year ago. Between life insurance and retirement funds my finances are in very good shape, but I miss her terribly, as you might expect.

My condolences Boyd- that’s tough.

I’m 55 , plan to work at my current schedule - I’m a physician - 3 days a week with one 24 hour call and one weekend a month for next 5 years, then cut back to 2 days a week for 4 years then be done at 65.

ER physician?

Money matters wrote:

Great. I have 3 children were in high school and JH and are now moving into college. Maybe in a few years I will need a new hobby.

Good going!

Early sixties for me, wife retired 8 months ago, and she is enjoying it a lot.

WIth covid and working from home, job is manageable and quite rewarding and fulfilling so I am not retiring yet, but will as soon if anything changes. I have some very consuming interests/pasttimes which make me seriously wonder why i don't retire and spend more time on that. Nice to have options, i suppose.

71 now. Retired at 69 after 40 years of real estate law practice. I liked my work and I like being free of it now. I'm keeping myself busy with house and yard maintenance, woodworking, running, biking and seeing my grandkids.

Currently 31, hope is to "retire" around age 40. I like my job as much as I could possibly imagine liking a paying job, but I just hate spending 40-50 hours a week doing it, every single week. Gf makes big bucks in tech and wants to keep working her whole life so we're in a fortunate position financially. I figure by age 40 I'll have worked for longer than I was in school for and will feel like I made some meaningful contributions to society. Then I'll be a stay at home dad and either volunteer or do some part time work as a park ranger or something.

59.5 years, or 5 years from now, should things stay the same. IF it's roaring 20s again here soon, might be able to do it in 3-4 years.

As some on this thread have mentioned, though, things can change.

Just turned 69. Plan to work as long as I'm physically able.

That said: I've scaled back considerably on my temp law gigs. Plan to continue college coaching (currently: part-time pay, full-time commitment) until I can't get a job anymore.