What age do you intend to retire?

Wait, does the UK have mandatory retirement ages? I suppose in 20 years I could sell the house (provided the London property market hasn't completely collapsed by then) and go and live in a shed somewhere cheap.

Or, I can go back to being self-employed, live where I want (eventually), and never actually retire.

My father took an early retirement from GM at 55, moved to AZ and has been working since (14 years), so he'll have a second pension if he ever decides to stop working. My grandmother retired from the post office at 75, because that was the rule. She would have loved to stay working there until she hit 90. My sister and her husband "retired" at 35 and 40 respectively, got bored silly and are finally (5 years later) finding productive things to do with their lives. My father-in-law retired at 50, then had a lawncare business for many years. I think whatever happens, I'll be more on Ms. Misery's plan, only I'd raise chickens and pigs somewhere in western Washington.

For a lot of people that does seem to be the plan - selling up, not dropping dead at your desk.

I can't really imagine being happy doing that though myself - moving out of London to somewhere I probably don't know anyone, with not much to do, and relying on the once a day rural bus service.

x-post I don't actually like people much so living in the middle of nowhere would be fine with me. There's the interweb for other stuff.

I heard a story on NPR last year to the effect that current goat-meat production levels are nowhere near meeting demand. And the demand is expected to rise greatly in the next couple of decades. There's gold in that there cabrito!

Ideally I will retire around 40. Though I don't really mind just working part time, say 25 hours per week maximum, I'd do that from tomorrow, given the chance. Saw a good job advertised today, it was £25-28K pro-rata, but it was only 14 hours per week, blarrghh, not quite enough.

Yes, with 21 years to go, now is the time to make decisions! I would happily bet that, no matter what you think now, you will not stay with the same employer for 21 years. (And even if you do, I would be surprised if that great pension plan will still be around then, either.)

Yeah, that's the rub that's pushing me back toward the glorious insecurity of self-employment :/

Otherwise, no retirement for me barring unforeseen good luck.

Special police squads - BLADE RUNNER UNITS - had orders to shoot to kill, upon detection, any trespassing Replicant.

This was not called execution ...

Deckard: Goats are like any other machine. They're either a benefit or a hazard. If they're a benefit, it's not my problem.

I'll probably work until I'm unable for whatever reason, then go to sleep with my head in the oven. Say, 65-70.
― Whitman Mayonnaise (Rock Hardy), Wednesday, 19 July 2006 00:36 (ten years ago) Bookmark Flag Post Permalink

fahrenheit or celsius?
― estela (estela), Wednesday, 19 July 2006 00:40 (ten years ago) Bookmark Flag Post Permalink

brilliant

Oops - so 10 years just went by whilst i kept thinking 'i must start saving some money for retirement'.

adios.

✌️

Buena suerte

not having to worry about retirement income is 100% the best thing about this gig

Our house will be paid off when I'm 68.
Our daughter will be 35.

Is it still true you don’t need to worry about retirement income if you’re public sector ?

I know a couple of people in their 50s who are desperately trying to cling onto their public sector jobs. There’s apparently subtle pressure for them to begin to make plans to depart, but they need to stay to around 62/63 in order to end up with a decent pension.

lol not if you're in higher education, my retirement plan right now is to die in a parking lot grading papers like that one adjunct

I think treeship should stay, they are a good poster

xps its true for me, but i live in a socialist paradise remember

i think i may be retired. it's great.