Comments on: My Thoughts on Early Retirement

By: Daisy

Daisy — Sun, 05 Feb 2012 21:13:43 +0000

In reply to CarolH. Ohhh, interesting! Well, who doesn't want to retire early, right?

By: CarolH

CarolH — Sat, 04 Feb 2012 14:22:03 +0000

In reply to Daisy. Incentive was for the state to get out the low % contributors to the retirement system (we contributed 5% to it) and get in new teachers who have to contribute 11% and up).

By: Simple Rich Living

Simple Rich Living — Fri, 03 Feb 2012 05:19:34 +0000

I like to have the financial security to retire early if I want to, but not necessarily just retired. I want to enjoy the now as well as saving a bit for retirement. I think I am okay to work longer (ie no early retirement) as long as my life is balance between fun and work.

By: Well Heeled Blog

Well Heeled Blog — Fri, 03 Feb 2012 02:13:27 +0000

I’ve been actually thinking about this a lot. Kind of in a “what is the point” crisis in my personal finance journey. 😯 I’d like to have enough money so that I don’t have to work, but knowing me I’d want to work or do something to earn money. Unless I win the mega-lotto. Then all bets are off!

By: Aloysa @ My Broken Coin

Aloysa @ My Broken Coin — Fri, 03 Feb 2012 01:22:07 +0000

I picture my retirement exactly like you do! I was like to travel and volunteer and … work. But when it comes to work, I would like to work at home, doing what I love the most – writing. I think it is a dream at this point but you have to admit, it is a good one! 🙂

By: Deena Dollars

Deena Dollars — Thu, 02 Feb 2012 22:55:30 +0000

I will not yet give up on finding a career path that makes me happy enough that the option of retirement, when it comes, is financially viable but _I just won’t want to do it._

Maybe I will adjust my expectations in time, but forty years is too much for me to spend feeling like I am spending a third of my life doing things I don’t want to do.

By: Modest Money

Modest Money — Thu, 02 Feb 2012 21:31:45 +0000

In reply to Melissa.

I think I’m in the same boat Melissa. My RRSP contributions in my mind are more about saving for a downpayment. Retirement still seems so far away. I’d probably still want something to keep busy. I wouldn’t want to be one of those old people who is so bored that they go to the grocery store every single day just to chat.

I think the best option might to transition into retirement rather than suddenly stop working completely. I like Carol’s route of doing consulting for a while first.

By: Daisy

Daisy — Thu, 02 Feb 2012 20:35:09 +0000

In reply to Michelle.

Staying busy is key – but I feel like I’d be soo busy with everything even if I didn’t work! I’d probably go back to school for something out of pure interest.

By: Daisy

Daisy — Thu, 02 Feb 2012 20:34:35 +0000

In reply to CarolH.

That’s awesome! See that sounds like fun. I wonder why there is an early retirement incentive – it’s counterintuitive to me haha.

By: Daisy

Daisy — Thu, 02 Feb 2012 20:33:29 +0000

In reply to My money, my life. I agree - having the option is what is really important. I'll probably change my mind 1000 times, but at least I want to be able to change my mind because I want to, not out of necessity becuase I cant retire early.