Re: Two year anniversary on "Quitirement"
[QUOTE=bassin_bug;398392][B]If you are already looking forward to retirement you have one of three issues going on. You are not satisfied with your job, you are in a low paying job, or you already have job burnout, or all three[/B].
You are in that age group that has to work to age 70 before you receive Social Security; that's another 46 years. If you manage to get your Social Security benefits it will not be enough to live on, it will just be a small supplement as it was originally intended. My advice is to get into a good 401k or other plan and put everything you can into it, save some of the rest, and you will retire a very wealthy man.
My husband puts 12% of his paycheck into his 401k and the company matches the first 8%. We are blessed not to owe any bills other than the utilities and insurance so we save half of each net paycheck (after the 401k is deducted) most of the time. The exceptions are when the house, boat, and car insurance are due in January, and the life insurance annuity is due in June.
Since you have to get up and go to work, you may as well pay yourself FIRST and set aside a certain percentage into some type of savings plan. It will surprise you how quickly it will grow and you will start to find ways to save more. With proper management you may very well be able to retire long before you are eligible for Social Security.[/QUOTE]
Actually its neither! I just want to be able to fish more and spend more time with my friends and family. Its sad that I literally spend more time with people at work then I do my wife and daughter.
Work till 70?! Shoot I'd be happy to live to 70!
Re: Two year anniversary on "Quitirement"
[QUOTE=JD7.62;398394]Actually its neither! I just want to be able to fish more and spend more time with my friends and family. Its sad that I literally spend more time with people at work then I do my wife and daughter.
Work till 70?! Shoot I'd be happy to live to 70![/QUOTE]
Gotta agree with Jason here. Heck my goal in life is to retire and spend time doing what I want to do not what I need to do. Don't want to wish my life away and I don't think Jason does either but I totally understand where he's coming from, ME TOO.
Re: Two year anniversary on "Quitirement"
[QUOTE=JD7.62;398394]Actually its neither! I just want to be able to fish more and spend more time with my friends and family. Its sad that I literally spend more time with people at work then I do my wife and daughter.
Work till 70?! Shoot I'd be happy to live to 70![/QUOTE]
It is sad...but that's how it is for the working man. I'm with ya on that 70 years of age comment...I think my retirement year is age 67 or 68 (I'm 48)...heck I just hope I make it that long, and if I do I hope I'm in reasonably good health. In the mean time I'll do what I can to ensure retirement isn't just a pipe dream...whether I get there or not is anyone's guess at this point.
