Reply to: At what age do you plan to retire?

[max]

Good for you LM - enjoy the fruits of your labour - I woudnt bother about inherintance - give the young ones money and they would just blow it all - best the money is spent wisely - ie you blow it all instead.

Right choice in my book - you cant take it with you !

Yep...bounce the last cheque!

[Zorba]

I'll be retiring around the age of 46. But I won't tell the wife!

[ThomasSoerensen]

Never.

I plan to have some interesting minimum time maximum payment job like chairman of the board of a comp or the like untill I die.

Imagine being at home with the wife all day - every day. AAARRGGGHHH

[chasingtheaurora]

Never.

[mace]

Well, in permie world he's right. Actually even after 35 you are dead in permie world. Unless you are already in a high position at 35 then you are just a cost, not an investment.

It would be a naive company that views a person under 35 as an investment. How long do staff stick around?

[TheFaQQer]

Gosh.

That's put 90% of us in our place then... a cost not an investment...

There's a difference between being a cost and a liability, although they go together on the balance sheet.

[King Cnvt]

No you're not!

What industries are yous talking about?

I've worked in a few different permie environments - IT consultancy, engineering, civil service ( ) and woerked with people of all ages. No one gives a crap.

Is this another "London is the entire world" thing again? Are yous just talking about London?

It's okay to be forty and in IT. Just don't be fat and forty. That's a no no.

[Francko]

No you're not!

What industries are yous talking about?

I've worked in a few different permie environments - IT consultancy, engineering, civil service ( ) and woerked with people of all ages. No one gives a crap.

Is this another "London is the entire world" thing again? Are yous just talking about London?

I am not saying that you are not able to work but that you don't have carreer prospects any longer.

And yes, London is the world. Too bad I have temporarily left for another planet. And yes, I can confirm, outside London everybody is an alien and there are no other forms of life.

[SallyAnne]

Well, in permie world he's right. Actually even after 35 you are dead in permie world. Unless you are already in a high position at 35 then you are just a cost, not an investment.

No you're not!

What industries are yous talking about?

I've worked in a few different permie environments - IT consultancy, engineering, civil service ( ) and woerked with people of all ages. No one gives a crap.

Is this another "London is the entire world" thing again? Are yous just talking about London?

[Jog On]

I am aiming to retire from having to rely on a job/trading time for money within the next year or 2 at the very least which will make me 35/36. I’ll still ‘work’ but not in the conventional sense.

[Francko]

Do you post anything which isn't utter b*llocks?

Well, in permie world he's right. Actually even after 35 you are dead in permie world. Unless you are already in a high position at 35 then you are just a cost, not an investment.

[SallyAnne]

if you do that you wont get a job again

in IT, your finished at 40

Do you post anything which isn't utter b*llocks?

[threaded]

Already retired and spend my time making fun Political movies about Jagtvej 69.

Well, I don't do any work, so I must be retired.

[wantacontract]

I want to retire by the time I am 50....for definite....infact I may even go for a change of career before I am 45.....

Quite fancy working in a library/bookshop....bit of a book boffin.....

Started contracting one year ago....and I am earning three times of what I was.....feel very happy about that...

Starting my own business which isn't IT related (well a little bit, some web designing in there) and hoping that will bring some cash which in two/three years time will generate £30k per year...without me doing too much...

My investment strategy is quite risky at the mo...I've stuck £18k into Gartmore China fund...and hoping to make money on it and then pulling it out before the olympics next year...

My only issue with my future otherhalf..is quite similar to the other poster on here....she wants the future kids to go private school.....

I went to a local comp with good rep, my sister (who is more intelligent) went private on scholarship....I don't think the education has made a massive difference in terms of being successful in the real world...

she got like all As at gcse, i got one..
she got 3 As at A-level...i got none..
she got a 2:1 I got a 2:2
She got a masters and about to get a PHD...I got a BSC....

But we are both doing just as well as each other in life....so unless she suddenly starts her own business and becomes a millionaire, (where I will try to become her favourite brother)....

Anyway, wheres is this post going...

Too long by half....

[brownie74]

over 40 and finished ...

Certianly I'm serious. I guess to a large extent it will depend what you do and in which field - I can quite imagine someone working in the banking / finance sector could burn out fairly quickly but then I've always avoided those areas (don't like wearing fancy dress for a start) and have always worked in engineering. Yes the rates are generally lower but it's a lot more chilled.

Current gig has a number of engineers in they're forties (sadly that does now include me). I'd say it's easier to get a gig over 40 as a contractor than as a permie though.

http://www.smh.com.au/news/biztech/o...276781476.html

this is what i see around the banks. 30-40 are the golden years. peak earning times. make hay while the sun shines as it's downhill after that- if you want to crank at the top rates in the top jobs that is. i'm not talking about writing batch files for a screwdriver factory.