When do you intend to retire?

[xoggoth]

I'm just curious to know what everyone is thinking they'll be doing when they no longer need to go into an office!

Plans went a bit off track when I lost the missus. Got small business. Umpteen hours a week wandering countryside photographing spiders and things. Potter in garden/sheds. (Bet I've got more sheds than you z!) Trying to get back into silly stories/cartoons. Spending time with weird ladies.

[vetran]

I'm thinking of turning a couple of old pigsties into sheds*.

Just to compete with Xogg.

*this involves a certain amount of bricklaying, since I can't stand up in what's there at the moment.

A Man Lizard Shack?

[Sysman]

I am 32 and a fair bit, all my planning is pointed at retiring at 55, although more than likely will look to go part time rather than stop contracting all together.

Of course this is no guarantee, I might do something stupid like have another kid or something really really stupid and go permie which will mean plans inevitably change

FTFY

[Sysman]

That's my view too. I'd rather enjoy life now than bank on being healthy and able to make the most of things in 30 years time.

It happened to a friend's parents.

He had an excellent job and they put all their spare brass into a retirement plan that would let them live very comfortably indeed, round world trips included.

She was wheelchair bound before that happened, which meant their long planned world tour didn't happen.

[Clare@InTouch]

It happened to a friend's parents.

He had an excellent job and they put all their spare brass into a retirement plan that would let them live very comfortably indeed, round world trips included.

She was wheelchair bound before that happened, which meant their long planned world tour didn't happen.

Exactly - both my grandmothers were dead by 66, so I'm not banking on living a long glorious retirement. I also know far too many people who have died or become too ill to do anything before they retired. I'd rather enjoy life along the way than work my arse off in the hope I'll benefit later.

[Sysman]

Gosh. With a whole world of opportunities, how could anyone fill their time if they weren't working? Although fair enough if work's what you want to do.

It depends on what you define as work.

Free/cheap consultancy for startups is something that comes to mind. 9 out of 10 of them might go nowhere but the one that hits the big time can repay all that effort.

Provided of course you managed to grab a chunk of free/cheap shares in return for your efforts.

[Sysman]

probably around 50/55

my main concern will be that I will just spend all day at the glof course or in the pub (or both) and I do not even play that much glof now.

the thought of sitting around the house while the wife nags on about god knows what scares the living hell out of me

This.

[original PM]

WTF do you think the shed is for?



Kept ZeitPater going for nearly 30 years, did the shed.

And the greenhouse.

oooh good point - I have 2 sheds!

[speling bee]

oooh good point - I have 2 sheds!

[lukemg]

Am I the only old fart on CUK who has retired already?

True enough that when you don't have all the costs of working/mortgages/kids etc you can get by on not a huge amount but I would not fancy living on 10k. I have over £22k for just me. Surprised it was that much considering my lackadaisical approach to pension contributions.

I got 6% on my annuities compared to 12% for my bro in law who retired about 10 years before. By the time some of you lot retire annuity rates will probably be 0.5%, so better start saving.

Congrats, you have clearly set yourself up nicely but I certainly wouldn't consider an annuity. Better options available now.