When are you planning to retire? (srs)

[iradumass]

About 45 years old for me

~$1.5 million @ 4% withdrawal rate = $60k a year

[Better Unborn]

retiring is terrible for your brain. it's like completely stopping lifting and working out for your body. You gonna get old super quick. Mirin your 1.5 mil savings tho.

[wutevs]

65 lmao

[GlassMoon]

45-50 hopefully

[Destor]

Hopefully a week or two before I kick the can (srs)

[Kwace]

55 can't imagine working for more than that

[cromofo]

around 45-50 I hope

I could retire right now in my mid 20s but it would be a simple, mostly frugal life and I'd have to hope that for the next 50-60 years everything would be okay in the world and that I would be healthy. you're one allahu akbar bomb or a pandemic away from going bankrupt if your income is weighted completely towards renting property during the summer seasons.

[HYDRAE]

financial advisor has set a target of 55, but by almost every metric, we should be able to retire before then if we wanted. healthcare is a huge wildcard though.

[Scarrdbutsmartr]

My investment portfolio timeline has me retiring and investing up until 62.

I will have the means to retire at 57 or 58 and continue to invest until the 62 year mark, however.

[MuzzieChik786]

45 hopefully.

I CAN realistically retire right now because of the investments we've made. But I'd be bored out of my mind sitting at home doing nothing since we don't have kids yet.

[Better Unborn]

lol at brahs ITT planning to retire in 40's and 50's. Once libs take out that $6 gorillion debt and raise minimum wage to $50/hr to secure that burger-flipping vote, your 1 million dollars is gonna last you 6 months in a studio apartment by the river of human feces.

[Jasonw1178]

I'll probably die at work. SRS.

I do see my career changing as time goes on. As I get older I'll change roles and eventually find a place where it will just be easy.

[Howiester]

Tradies please respond.

[Frank Drebin]

Dunno. Should have enough to pull the plug at 50 but will probably work till 55.

When you don't really need the job it feels different going to work.

[HYDRAE]

Dunno. Should have enough to pull the plug at 50 but will probably work till 55.

When you don't really need the job it feels different going to work.

its called fuk you money for a reason.

[Frank Drebin]

lol at brahs ITT planning to retire in 40's and 50's. Once libs take out that $6 gorillion debt and raise minimum wage to $50/hr to secure that burger-flipping vote, your 1 million dollars is gonna last you 6 months in a studio apartment by the river of human feces.

Those planning to retire early have high net worth hedged against inflation. ie real estate and stonks.

If minimum wage is $50, the S&P will be at 15,000, and the average house will be worth 1.5m.

[cromofo]

my old man's retiring this year at 62 and is handsomely financially set until he croaks. tradie life. knees shot but otherwise healthy

[KirkMcquest]

Im at a point where the "work" is not really work anymore. So I expect I'll just keep going this way until I die. The alternative would be doing nothing which sounds boring as hell.

Do what you love [ or learn to love what you do ] and you'll never work a day in your life.

[Frank Drebin]

its called fuk you money for a reason.

Yeah. I wish I had fuk you money (passive income and or wealth exceeds employment income), I have more like go fuk yourself money where I can afford the same lifestyle on about half my wage.

[GrimRep_er]

I'm 46 (man that stings) and won't retire until I'm 66. I also have an alpha blue collar job. Unless the wife, 13 years my junior, ends up surpassing me. God I hope this happens. So is the life of a tradie who started later in life.

[Glutebrahhh]

I don't think I've ever dreamed of retirement. I only ever tell myself I'm working towards a job I love to do.

[HYDRAE]

Those planning to retire early have high net worth hedged against inflation. ie real estate and stonks.

If minimum wage is $50, the S&P will be at 15,000, and the average house will be worth 1.5m.

Wagecels don't understand a diversified portfolio in the correct mix of pre and post tax investments that includes international and domestic stocks, cash, currency, metals, real estate, bonds, 401k/Roth, 523's.

poverty status - pathetic.

[wave_length]

My plan was 36. Took me a little longer (42) but that's OK.

[Celsus]

So basically 99% of all miscers are gonna retire in their 40s and 50s

Nice, mates

[DSTEE]

Never retiring crew



Will keep inventing, hustling and just CEOing forever

[HYDRAE]

So basically 99% of all miscers are gonna retire in their 40s and 50s

Nice, mates

did you even read this thread? it seems like early retirement or work forever in equal parts, which is actually what I'd expect given the misc. demographic.

[Jayl12345]

2022 @ 41-2 with a 22-23 YR Military retirement with 30-40% disability. Should be clearing 60K in theory.

[2RDEYE]

45 gonna say **** life at that point, don't care if poor. don't plan on having kids so i should have some money left

[GuineaDago585]

Listening to Dave Ramsey I should be able to do it by 40.

Listening to my girlfriend I should be able to do it by 80.

[GrimRep_er]

My plan was 36. Took me a little longer (42) but that's OK.

But would you actually retire at that age?

Even if I were financially set and could retire, I wouldn't do my current job, but I'd still want some kind of easy job that I enjoy. For me to much time on my hands would be counterproductive.