Originally Posted By goodgirl Topic: Wishes & Dreams Question: At what age do you plan to retire? (Or at what age did you retire?) PS - I'm in Disneyland this week, so late nights out mean a late morning post of the question. Sorry about that folks.
Originally Posted By gaydsnywitch Even though I have a retirement account that I contribute to, I doubt if I'll ever be able afford to retire. Maybe go part-time, but not retire. SO, I guess my answer is I'll retire when I'm physically unable to work anymore.
Originally Posted By wahooskipper I am targeting 65 but circumstances may postpone that. A lot depends on what the kids do for college. Scholarships or lack thereof may make a difference. Fortunately, I've been contributing to a 401K since my first day of employment 12 years ago. Behold the power of compounding. If you aren't contributing...you should be.
Originally Posted By DlandJB If I stay with the organization I am with now, I'll be able to retire in about 25-30 years, when I am 65-70. They have full medical benefits for their retirees. But if I go somewhere without that perk, or if that perk should go away before I leave (which can always happen) then I'll be working at least part time pretty much for the rest of my life. I do have some decent retirement building up, but the health care will always be an issue.
Originally Posted By DAR Hopefully I'll be able to retire around 60. But since that's 28 years away I'm not going to worry about right now. Which doesn't mean I'm not planning for it. Been saving since I got here 7 1/2 years ago.
Originally Posted By DAR <<Fortunately, I've been contributing to a 401K since my first day of employment 12 years ago. Behold the power of compounding. If you aren't contributing...you should be.>> Wahoo, does you employer contribute up to a certain percentage. For me it's 2 to 1 up to 6%.
Originally Posted By alexbook I don't have anything to say about the topic, but I wanted to say that goodgirl has mail from me.
Originally Posted By wahooskipper Yes Dar, same plan here. I think I'm at 8 or 9 percent. I should just bite the bullet and go for the 10% max but with two kids and a stay at home mom I like to eat more than mac 'n cheese once in a while.
Originally Posted By Schmitty Good Vibes I planned to retire at 55 or 60, but right now it looks like 80. "Welcome to WALMART! Would you like a cart? (*wheeze*)"
Originally Posted By DlandJB "Welcome to WALMART! Would you like a cart? (*wheeze*)">> Not me -- I'm going to work at Disneyland... "May I check your bag please?"
Originally Posted By Goofyernmost My plan is to retire when I'm 62 1/2 in 4 plus years. I haven't been able to contribute to a 401 for very long but my house is paid for my cars are paid for and I owe no one except those that I charge on a monthly basis on a credit card (paid off monthly). I may, out of boredom, work part time, but no more than that. I can fall back on the VA for my medical needs and I plan to do just that. It has been a long time coming and, frankly, I have a lot more past then I have future ahead so I plan on relaxing and only doing what I want to. Let's hope nothing alters those plans.
Originally Posted By DVC_dad Me, well not sure if you call it retired but I quit working at 32, and my wife should retire when she is around 50-53'ish depending on what colleges our by then 18 kids choose.
Originally Posted By Labuda I'm hoping to retire from the real world and go to work part-time for the Mouse when I'm 65, but I'm not exactly counting on it since I'm in my early 30s now. Like DAR, though, I've been contributing to a 401(k) for about 7 1/2 years now since I started at Dell. And, Dell matches up to the first 5% we contribute, so I contribute 5% right now.
Originally Posted By RAM1984 Moms don't retire!!!!!!!!! I quit a job in 2003 and have concidered myself semi-retired since then. I will work p/t if I get bored or need pocket money. I was hoping my DH could retire at 55 like our parents did. But right now it looks more like 60. Our IRA isn't that big. We too hope to work p/t at Disneyland in retirement. Just find a place to park the motorhome.
Originally Posted By Disneymom443 I think my DH wants to retire at 60 or 65.....I just working on the weekends to give me something to do.
Originally Posted By disney pete since i have just re-morgaged my house so i could pay the ex dragon of i will be working till im 70 on my zimmer frame
Originally Posted By 4Disnee I would love to stop working in 12 years when our house it paid off I will be 51 at that time but we will have to wait and see.
