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re: What’s the youngest age that a friend of yours retired?

Posted on 4/1/24 at 3:11 pm to
Posted by bbarras85
Member since Jul 2021
2008 posts
Posted on 4/1/24 at 3:11 pm to
Reading all of these makes me realize how much my shite isn't together at 38. Thanks.
Posted by tigerfoot
Alexandria
Member since Sep 2006
56548 posts
Posted on 4/1/24 at 3:14 pm to
The romance of being on a catamaran would quickly fade for me.

A few three month stints every now and then yeah, but 10. Hell no.


Posted by SEC. 593
Chicago
Member since Aug 2012
4054 posts
Posted on 4/1/24 at 3:32 pm to
I do, but that wasn't the question.

I was trying to seriously think and the oldest person I'm friends with is 43.
Posted by cgrand
HAMMOND
Member since Oct 2009
38981 posts
Posted on 4/1/24 at 3:43 pm to
I’m retiring next year at 60.
my best friend retired at 50.

I do have other friends that got rich early but they still work. I on the other hand would have quit immediately
Posted by SportsGuyNOLA
New Orleans, LA
Member since May 2014
17208 posts
Posted on 4/1/24 at 4:51 pm to
One of my friends started a business in his mid 20’s and sold it and retired at 48 a few years ago.

He got divorced right before then too.
Posted by mastersleestak
Foul's Creche
Member since Dec 2014
403 posts
Posted on 4/1/24 at 5:02 pm to
I'd do it today (age 55) if I could figure out how to pay for the health insurance. That's the part that worries me.
Posted by msudawg1200
Central Mississippi
Member since Jun 2014
9450 posts
Posted on 4/1/24 at 5:03 pm to
I'm about to retire after next school year at 52. My wife retired last year at 48. Now, this is not true ""retirement". We'll both have to work doing something for 8-@ years or so. My wife got a pretty cushy admin job at a private school that pays her pretty well with health insurance. She makes about 24K more with her salary plus retirement. I'll only need to clear 1,500-1,700 a month with my retirement to make around what I do a month now. Anything above that is gravy. It will be nice not to be in the prison of a classroom or tied down to coaching after 29 years of it.
Posted by Y.A. Tittle
Member since Sep 2003
101730 posts
Posted on 4/1/24 at 5:07 pm to
quote:

I'd do it today (age 55) if I could figure out how to pay for the health insurance. That's the part that worries me.



This seems to be the biggest stickler for a lot of folks.
Posted by blue_morrison
Member since Jan 2013
5145 posts
Posted on 4/1/24 at 5:21 pm to
I can retire with pension at age 49... Do I see that happening? Not necessarily.
Posted by go ta hell ole miss
Member since Jan 2007
13665 posts
Posted on 4/1/24 at 5:36 pm to
quote:

I guess he has no children.


The obligation to children ends when they reach the age of majority or finish undergrad. I would not expect children to stay close to me, so could see them. I would expect them to live their life the am way they see fit. If I am 50 and decide to sell everything and go sailing, the kids will be fine with it for the same reasons. They would expect me to live my life.
Posted by alajones
Huntsvegas
Member since Oct 2005
34523 posts
Posted on 4/1/24 at 5:39 pm to
My uncle retired in 92 as a full bird colonel from the Air Force. He opted to take an early retirement. He was 48. He might have worked for a couple of years off and on until he died about three years ago. He basically sat on his back porch the last 27 years of his life.
This post was edited on 4/1/24 at 5:42 pm
Posted by Salamanca
Member since Mar 2024
42 posts
Posted on 4/1/24 at 6:04 pm to


He better learn about chop.
Posted by Gus007
TN
Member since Jul 2018
12063 posts
Posted on 4/1/24 at 6:32 pm to
I came from dirt poor in North Louisiana cotton patch in the 50s.
Spent seven years in the Navy. Then went to college on GI Bill and wife working. We put two boys through college, paid off my home, and retired at 56.
It was done by thrifty living and investing in Mutual Funds. Went through the Dot Com bubble, Real Estate Bubble, and 9/11. All three devastated the Market. Never sold, held on and just sat them out.
Posted by TimeOutdoors
AK
Member since Sep 2014
12127 posts
Posted on 4/1/24 at 6:34 pm to
quote:

Gonna buy a 48 ft catamaran and sail around the world for 10 years


Rarely last 10 years. Would love to do this for 2-3 years though.
Posted by Keys Open Doors
In hiding with Tupac & XXXTentacion
Member since Dec 2008
31955 posts
Posted on 4/1/24 at 6:51 pm to
I intend to retire in a little more than 16 years. Should be right before my 55th birthday.
Posted by el Gaucho
He/They
Member since Dec 2010
53182 posts
Posted on 4/1/24 at 7:09 pm to
quote:

If I am 50 and decide to sell everything and go sailing, the kids will be fine with it for the same reasons. They would expect me to live my life.

It’s kind of messed up that you’d sell assets to buy a money pit

Kids are screwed dude

We’re never gonna own anything and be eating bugs in 5 years. At least leave your kids your boomer mcmansion
This post was edited on 4/1/24 at 7:10 pm
Posted by NPComb
Member since Jan 2019
27517 posts
Posted on 4/1/24 at 7:24 pm to
Mid 50's sales co-worker. His condo overlooks Petco in SD. He watches the games from his balcony.
Posted by jafari rastaman
Member since Nov 2015
1852 posts
Posted on 4/1/24 at 7:49 pm to
quote:

how to pay for the health insurance


Is Obamacare the best option?
Posted by lsufan1971
Zachary
Member since Nov 2003
18431 posts
Posted on 4/1/24 at 8:14 pm to
37. Started a software company at 24. Built it up and sold it for 70 million at 37. Retired in Montana living the good life.
Posted by BK Lounge
Member since Nov 2021
3641 posts
Posted on 4/1/24 at 8:18 pm to
quote:

Mid 50's sales co-worker. His condo overlooks Petco in SD. He watches the games from his balcony.




For a hot second i thought you meant he had a condo overlooking a strip mall in South Dakota.. i wasnt impressed .
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