Retiring

Showing 50 results of 158

Advice - moderate savings, hopefully 3 years to go, wife retiring 6 years later

Nov 19 2024

Hello there. Age 64 now and would like to retire @ 67. Have about $375K in 401K plus $85K in my wife's 401ak but she is 8 years younger and plans tonwork to 65 before retiring herself. Musts before I ...

reddit.com

Why am I so nervous about retiring soon?

Nov 16 2024

I’m 60, turning 61 soon. Financially, I think we’re (60 wife) in solid shape, but I’m a nervous wreck about telling my boss I’m retiring. We have $1.5m in our IRAs, $1.7m in af...

reddit.com

Retiring away from Mom and son

Nov 14 2024

Looking for some advice and perspective from this wise group of people. Here's the story so far... My wife and I have worked in tech and done well enough for ourselves. During COVID, she went through ...

reddit.com

Leaping into the Unknown: it’s Called Retirement

Nov 08 2024

Retiring, for many if not most, is a leap into the unknown. New retirees quickly learn that hard work is required to fill the void created by leaving the workplace. Building and consolidating this new...

crr.bc.edu

Retiring Next Year? Do THIS With Your Retirement Savings!

Nov 07 2024

5 Steps to prepare your savings within 12 months of your retirement....

keilfp.com

Will I lose shutdown pay, retiring at end of December

Nov 01 2024

Will I loose my shutdown pay, retiring in Dec. Will I loose my shutdown pay, retiring in Dec? Hi all, I’ve been reading this forum for a while and now want to pull the trigger on retirement, but...

reddit.com

Thinking about becoming a landlord? Any advice?

Nov 01 2024

Retiring next week. Thinking of purchasing 3 acres and putting on some mobile homes (in Tn) and renting them. I think it would take 200k start up to buy the land (55k for three acres, 2.5 is usable th...

reddit.com

Aging in place: What things did you do to get set up?

Oct 23 2024

Retiring in a couple of years, partner will follow soon thereafter. We're looking around the house and thinking about things to get done. What things did you do in your home in anticipation of aging i...

reddit.com

Overwhelmed, Not Bored: An Unexpected Challenge Of Retirement

Oct 21 2024

Before retiring in 2012, I didn't fear boredom or loneliness. It never occurred to me that I would be bored with so much potential freedom. My main fear was whether giving up a steady paycheck was an ...

financialsamurai.com

Retiring Early at 63yo & Single

Oct 14 2024

Hello. I plan to retire next year at 63. I’m making this decision not only for health reasons but also because I’m an artist & I am too stressed out in the 9 to 5 & need to serious...

reddit.com

A Severance Package Is The Ultimate Catalyst For Early Retirement

Oct 09 2024

Retiring early with a severance package is one of the smartest ways to leave the corporate world. Walking away without trying to secure one could leave tens of thousands, or even millions, on the tabl...

financialsamurai.com

Thriving in Retirement: Betsy's Update on Her First 4 Months of Retirement

Oct 09 2024

In this episode of the Rock Your Retirement Show, Betsy makes a triumphant return to update host Kathe Kline on her exciting journey since retiring four months ago. From embarking on an exhilarating t...

podcasters.spotify.com

I’m Retiring in My Mid-40s; Here’s How I’ll Start Drawing Down My Accounts

Oct 07 2024

My wife and I will retire in our 40s, and we need to decide how to draw down our investments. So, we created a Retirement Drawdown Statement. The post I’m Retiring in My Mid-40s; Here’s Ho...

whitecoatinvestor.com

Unexpected Challenges with Retiring Early (That No One Prepares You For)

Oct 06 2024

For many, early retirement feels like the ultimate goal. More time with family, pursuing hobbies, and saying goodbye to the daily grind. When I retired early, I imagined relaxation, adventure, and mor...

dadisfire.com

Personal Life Goals needed before retiring.

Oct 06 2024

I'm 59 1/2 and my wife and I are wanting to plan retirement but we have quite a few issues to safely retire. We are still having to be caretakers of parents and don't have funds really set aside to fi...

reddit.com

Why Retiring Early Is Obviously Better Than Retiring Rich

Oct 04 2024

There are two things most financially-conscience people aspire to: retiring rich or retiring early. But which is better? Many people who haven't retired believe early retirement sounds fantastic, espe...

financialsamurai.com

Ask a Financial Pro: Here's What Gen X Should Know About Retiring

Oct 01 2024

Gen Xers still have some time – but not a ton – to plan for retirement....

money.usnews.com

Retiring/recovering from nonprofit career

Sep 30 2024

I’m (62F) retiring 12/6/24 from my nonprofit fundraising job. I’ve worked in fundraising for most of my career for a variety of clients, all of them wonderful organizations with moving mis...

reddit.com

Retiring at 62 or Before? 9 Ways to Cover Your Health Costs for an Early Retirement

Sep 26 2024

Health costs before age 65 when you qualify for Medicare are expensive. Here are 9 ways to make early retirement insurance more affordable. The post Retiring at 62 or Before? 9 Ways to Cover Your Heal...

boldin.com

Why Income Isn’t the Biggest Hurdle to Retiring Young

Sep 20 2024

Would you believe me if I told you that most millionaires don’t earn six-figure incomes? It’s true, and it’s exactly why income isn’t the biggest hurdle to retiring young. Rece...

dadisfire.com

Long distance move, late in the game

Sep 10 2024

Hello everyone! My husband and I are in our early 60s (him) and late 50s (me). He is looking at retiring from his company in about 5 years. We have lived in the same area in the south for the entire 3...

reddit.com

Retire Without Borders: An Expat Primer

Sep 04 2024

Have you ever thought about retiring abroad? It seems like a fun adventure, but how do you begin? On this episode of Retirement Answer Man, expat expert, Jane Mepham from Elgon Financial Advisors, joi...

share.transistor.fm

Securing Their Future - Retiring with Special Needs Children

Sep 04 2024

If you have a special needs child, you know that your retirement plan will need to include plans for their future. How do you create a great retirement while honoring and caring for your child with sp...

share.transistor.fm

form SSA 44

Sep 01 2024

I will be retiring sept 2024. I’m looking at this Form and don’t know what year to enter as my tax year . Do I enter 2024 ? even though it won’t be reduced by that much since I&rsquo...

community.aarp.org

Digital Nomad? Retiring? Affordable, Charming Vintage Houses Are Widely Available In Japan

Aug 31 2024

Depopulation in rural areas is making antique houses called Kominka available at reasonable prices throughout Japan. American writer and food stylist Hannah Kirshner offers a great example of what it ...

forbes.com

I think I'm quietly retiring...

Aug 28 2024

1 - Spent Christmas 2019 in Florida with a retired sister in law. Watched her spend her days attending social events and figuring out where she was dining in the evenings. I note that I could get used...

reddit.com

Retiring Early is NOT the Result of a Higher Income

Aug 23 2024

As a physician, you’re no stranger to the demands of your profession. But have you ever wondered how your financial ... Read more...

physicianonfire.com

Retiring at year end

Aug 23 2024

I am currently working and have my health insurance thru my employer. we are a large employer. I never got part A or B. When should I start the process with SSA? Medicare? I will be 69 1/2 when I reti...

community.aarp.org

Retiring before spouse due to medical issues

Aug 22 2024

My husband and I had an excellent retirement plan and were planning on retiring the same month. We have a vision for what that will be like and what we will do, However, I’m having mobility prob...

reddit.com

Retire Without Borders: An Expat Primer

Aug 22 2024

Have you ever thought about retiring abroad? It seems like a fun adventure, but how do you begin? On this episode of Retirement Answer Man, expat expert, Jane Mepham from Elgon Financial Advisors, joi...

rogerwhitney.libsyn.com

Advice for retiring in Maryland

Aug 14 2024

Hello - I am looking for advice on retiring in Maryland's eastern shore. I am a native Marylander who grew up in Frederick and a homeowner in the city. I have looked at homes near Salisbury, Berlin, a...

reddit.com

Securing Their Future - Retiring with Special Needs Children

Aug 14 2024

If you have a special needs child, you know that your retirement plan will need to include plans for their future. How do you create a great retirement while honoring and caring for your child with sp...

rogerwhitney.libsyn.com

Any tips for a beginning chess player?

Aug 09 2024

Hi Folks, Do you have any tips for a senior beginning chess player? I’m particularly interested in hearing from those who took up chess after retiring, though all advice is welcome. I played che...

reddit.com

Retirement Party For Retiring Early: Don’t expect one.

Aug 04 2024

This was originally published 10/12/2021, a few weeks before I retired at 42. Last month, I wrote that we were almost ready to retire. In the next week, I plan to formally announce my retirement to my...

dadisfire.com

Do These Five Psychological Tasks Before Retiring

Jul 25 2024

To succeed at retirement, you need to address five emotional tasks to replace and mitigate the losses from working....

forbes.com

Anyone snowbirds get the homesick blues?

Jul 24 2024

My wife and I are retiring next year, with plans to move to her hometown in Alberta, Canada, which is freezing cold for at least four months a year. So the tentative plan is to spend two or three of t...

reddit.com

What's the best time of year to retire?

Jul 22 2024

I'm retiring early in a couple of years at 60, and I'm trying to figure out if there's a best time of year. Bonuses come out in March, so it kind of makes sense to wait for that. I'll need to buy heal...

reddit.com

Retiring in 1.5 weeks! Is it normal to feel anxious?

Jul 22 2024

Hi. As the title says, I (62F) am retiring at the end of July. For some reason, I'm feeling very anxious, and every day that goes by I'm just getting more and more anxious. Is this a normal reaction t...

reddit.com

18 Retirement Surprises: What Retirees Wish They Knew About Retirement BEFORE Retiring

Jul 19 2024

No matter how much you plan, you’ll likely experience a few retirement surprises. Most retirees experience a life different in many ways from what they originally planned. Here are 18 things tha...

newretirement.com

Structured notes: A nontraditional, customizable tool that's useful for retiring clients

Jul 16 2024

These hybrid securities blend a bond and a derivative and are customizable to clients' savings needs....

financial-planning.com

Bull market makes me wonder if I'm really ready

Jul 06 2024

Stocks are doing so well right now that I'm rethinking how long I have to work. Had planned on probably retiring in fall of next year, but market has rallied so much, that I hit my numbers in the last...

reddit.com

It's time to move on to something else.

Jul 06 2024

Shortly after retiring last September, I took a part-time job and then took on a consulting gig for half-time and six months, mostly to get me out of the house and to learn something new. I loved bein...

reddit.com

Apart from money, what was your biggest (unfounded) worry?

Jul 03 2024

Apart from money, what was your biggest worry pre-retirement that turned out not to be a big deal? What eventually just fell into place? I’m 57M, live in Canada, and I will be retiring in just u...

reddit.com

Getting a sum payout upon retirement.

Jul 02 2024

My wife is retiring from her job with our state govt. She will be drawing a pension. She is not old enough for SS yet. She is going to receive a lump sum amount for accumulated vacation/sick time. Her...

reddit.com

I like fixing cars and appliances, what should I do?

Jun 26 2024

I've been retired 3 years. Truthfully, I feel useless at times. Some of the most rewarding experiences I've had since retiring have been troubleshooting and fixing our dryer, and doing the transmissio...

reddit.com

What are some $ benefits retirees get?

Jun 25 2024

So i m retiring soon, my wife is already retired. As far as pension, healthcare, social security, 401K, taxes…. I m fine with these important aspects of retirement What i want to look at now is...

reddit.com

To those who moved out of state as part of retirement, where and why that place?

Jun 17 2024

By "as part of retirement" I mean shortly before retiring (knowing this is where you want to retire to) or shortly after retiring. By "where" I mean what state did you go to, and either tell the city ...

reddit.com

Will Retiring Early Make You Happier? It’s Complicated

Jun 15 2024

Many people dream of retiring early. But leaving the daily grind may not be the key to happiness for everyone....

kiplinger.com

Like to learn from those that grew networth in retirement

Jun 15 2024

Has any of you grown your nerworth in retirement, after retiring with just enough - say 1 million USD , outside of your primary residence? The general wisdom is that your drawdown reduces the savings ...

reddit.com

About Retiring

Retiring is the process of stopping work and ceasing to be employed. It's a significant life event that marks the end of one phase of your life and the beginning of another.

There are many factors to consider when planning for retirement, including:

Finances: How much money will you need to live on during retirement? Do you have enough saved up to cover your expenses?

Health: What is your current health status? Do you have any chronic health conditions that could affect your retirement plans?

Lifestyle: What do you want to do during retirement? Do you have any hobbies or interests that you want to pursue?

Social connections: How will you stay connected with friends and family during retirement? Do you have any plans to travel or engage in social activities?

Housing: Do you plan to stay in your current home, or do you want to downsize or move to a different location?

It's important to consider these and other factors as you plan for retirement. It may also be helpful to seek financial advice from a professional to help you plan and prepare for this major life transition.