Semi retired at 47, started to get a bit bored (and to be honest my funds were not sufficient to deal with a decent life of leisure) so went back to working full time at 48 with a new lease of life.
Promised myself that I'd give it no more than 10 years though and aim to full time retire at 58.
You beat me by one year, CE. Although I'm a bit of a fraud because I do still accept well-paid freelance commissions to mouth-off, if they require no work and don't clash with football/cricket/holidays etc...
Still jealous that you got there a year before me , though!
Early retirement at 51 and blew the lump sum on holidays, a new motorbike and in the fleshpots of Reigate. Returned to work at 52 for 12 years and as I liked the job intended to stay on past 65 but got ill and finished at 63. Never really had to face the problems being experienced by younger people these days both in jobs and pensions: must be very worrying.
The wife doesn't know it yet but I intend to retire within the next three years. Hope she learns not to wake me up by slamming the door on her way to work ;-)
god knows, on holiday soon when i turn 50. When i come back going to hand all my random pension information over to a financial advisor to sort and advise me. Considering i am a Associate Director of Global Accounting - pensions confuse me no end
plan to retire in about seven years when I'm 55. Intend to but all depends on if the government changes pension laws in the meantime. Read the other day that they are thinking of taxing the lump sum you can take at the outset which could have a bearing on things. Even then can't see myself still commuting into the City past that age.
originally I planned to retire between 55 and 60...........now looks like its going to have to be between 60 and 65.
you have to be going some to retire before age 55 nowdays.............unless you are a policeman, in mental health services or have been in a company pension scheme since aged 18.
I retired 7 years ago when I was 59 and just love retirement, don't know how I ever had time to go to work, and yes I was lucky but I worked hard to achieve that luck.
I'm effectively semi-retired. I packed up full time work in 2005 (at 34), but I do still work part-time as it helps pay for the beer, the school fees and the latest gadgets.
Also I suspect if I really stopped doing anything I'd drink myself to death through boredom.
Thought I had it all planned out two or three years back but this recession (particularly in the High Street) has blown my plans to bits. Can see me working for another few years until things improve so I can sell my company for a decent price. Had planned to sell it this year, but it's probably worth only a third of what it was 3 years ago. Over the years I've ploughed all my money back into the company and have no private pension......as a result I'm not in a very good place right now.
I seem to be unusual on here, I'm still working at 74 by choice ( my Dad was going up to the City at 80 ), so I suppose it's in the genes. Tried retirement but missed being in business, my wife tells me that if I retired now I would be dead within a year ( I'm very lazy at home ). I guess it's just different strokes for different folks.
All being well it will be 50, which is when the first pension/saving kicks in. Already got the house paid off and another plot bought up on the beach for a little project. No state pension for me as been out of the system but luckily sorted other schemes out early on in my career.
When I was a kid my grandpa asked me what I wanted to be when I grew up and I said "retired". I've not achieved that ambition yet (I'm 51) but, if I'm not retired by the time I'm 60, I will be most unhappy.
I'm 47 now and was hoping to retire at 60 but suspect it will be a bit later now. Maybe quite a bit later! Have top see how th eeconomy and everything else pans out.
Took voluntary redundancy on good terms in 1996, including immediate pension, when I was 52. Continued doing the same sort of thing, from home for other clients until I was 62. My generation, born at the end of the war have lead a charmed life, no world wars, no conscription, full employment, good health and education services and a mad period in our 50s when we were deemed surplus to requirements and paid to leave work, only for them to find that we were needed and paid to work on our own terms and at hours and places that we wanted. Thank you, whoever arranges these things.
This thread has made me depressed due to the fact that I have another 45 years of work!
I'm leaving the girlfriend, moving out of the flat i'm renting, selling my car and leaving my job on pay day to travel the world some more and enjoy life before it's too late!
I like what I do too much to retire - I will just wind down a bit. I guess my answer is "as long as I enjoy it".
I'm guessing you live in Thailand....wondering what it is you do for a living that you like so much tma........the mind boggles and the images are limitless!!
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Promised myself that I'd give it no more than 10 years though and aim to full time retire at 58.
Still jealous that you got there a year before me , though!
45
you have to be going some to retire before age 55 nowdays.............unless you are a policeman, in mental health services or have been in a company pension scheme since aged 18.
I've got the same problem.
;o)
Also I suspect if I really stopped doing anything I'd drink myself to death through boredom.
Can see me working for another few years until things improve so I can sell my company for a decent price.
Had planned to sell it this year, but it's probably worth only a third of what it was 3 years ago.
Over the years I've ploughed all my money back into the company and have no private pension......as a result I'm not in a very good place right now.
Saw the dozens of miserable people walking into my office today like sheep walking into an abattoir and not for me for much longer.
Sod that for another 35 years. If im going to work my backside off til im grey it'll be for myself and going in my pocket.
I've not achieved that ambition yet (I'm 51) but, if I'm not retired by the time I'm 60, I will be most unhappy.
I'm leaving the girlfriend, moving out of the flat i'm renting, selling my car and leaving my job on pay day to travel the world some more and enjoy life before it's too late!
I wish.