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Is this true?
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Feb 26, 2022 07:54:14   #
Jack47 Loc: Ontario
 
Cheese wrote:
Still a few years away, but wanted to hear from those with firsthand knowledge. 😀😀


It is.

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Feb 26, 2022 07:57:14   #
traderjohn Loc: New York City
 
Cheese wrote:
Still a few years away, but wanted to hear from those with firsthand knowledge. 😀😀


The first line is fixable, no need to bother with the second.

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Feb 26, 2022 07:58:39   #
Lens Cap Loc: The Cold North Coast
 
I retired a year ago and have been loving life ever since. I am busy everyday with things/activities I want to do. I'm not sure how all this stuff got done when I had to work. It started a few months ago , but when I wake up. I literally have to think about what day it is. I guess I haven't gotten to the point where is doesn't matter what day it is. Oh and the who;e money thing.....it's just money.

Cheese wrote:
Still a few years away, but wanted to hear from those with firsthand knowledge. 😀😀

Reply
 
 
Feb 26, 2022 08:20:42   #
alberio Loc: Casa Grande AZ
 
Now all those "round to its" I saved for many years are catching up with me.

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Feb 26, 2022 08:29:15   #
LeeinNC Loc: Morganton, NC
 
Red6 wrote:
It all depends on how you approach work and retirement. There are several options.

1. You feel you are so important or need more money that you cannot quit working, so you work until you die and they carry you out of the workplace on a stretcher or body bag.

2. Or, retire, go home to the TV and easy chair, and wait to die.

3. Or, retire, do not worry about money but stay active, pursue hobbies, travel, enjoy your family and life to the fullest. Yes, the money may be in short supply, but you do not need as much and you will be way happier.

In other words, yes you may have to make some concessions on getting more "stuff" but one does learn what is really important in life and hopefully learns even more in retirement.
It all depends on how you approach work and retire... (show quote)


I agree with option #3, and am quite happy!

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Feb 26, 2022 08:38:52   #
NJFrank Loc: New Jersey
 
A couple of years ago, someone said to me “have a nice weekend.” I said thanks but everyday is a weekend for me. 😀

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Feb 26, 2022 08:44:37   #
fourlocks Loc: Londonderry, NH
 
I always say retirement's not all that easy and requires a fair amount of self control and self motivation. When every day's a holiday and you have a less-than-inspiring chore/project to start, there's little motivation to do so because "there's always tomorrow." Trouble is, "there's always tomorrow" creates the corollary of "so why bother, today?"

It's a tough change from the structured work lifestyle to the unstructured retirement lifestyle. We all love structure and order in our lives so my retired friends and I just naturally created a set routine of projects, chores and activities I guess to mimic the order of our former lives. I must be successful at it because there still doesn't seem to be enough hours in the day to accomplish all I set out to do.

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Feb 26, 2022 09:07:53   #
killroy
 
Retire as soon as you reasonably can so you have some extra years of good health. I am battling a bad back, (two surgerys) which happened two months after retirement, struggling to walk, let alone anything else I had planned to do. Do it while you can!

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Feb 26, 2022 09:15:10   #
sb Loc: Florida's East Coast
 
What my wife hates about my retirement: "Retirement means half the money and TWICE the husband!"

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Feb 26, 2022 09:23:09   #
nospambob Loc: Edmond, Oklahoma
 
Yepparroo

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Feb 26, 2022 09:46:29   #
MrMophoto Loc: Rhode Island "The biggest little"
 
I retired from a teaching position this past June and I've never been happier. I don't have to get up at 5 am, I choose what I want to do after I've taken care of the "crises du jour" I still teach photography at an after school program run by the town. I renovated a heated garage that's attached to the house and set up a studio. Money's not great but I enjoy everyday

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Feb 26, 2022 09:53:09   #
DirtFarmer Loc: Escaped from the NYC area, back to MA
 
I didn't retire until I was 78. I asked my accountant if I should convert some of my regular IRAs to Roth IRAs. He said I shouldn't because I would be paying tax on the money while I was working, and most people had a reduction in income when they retired so the tax rate would be lower then.

When I finally retired my income went up.

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Feb 26, 2022 10:07:09   #
Bridges Loc: Memphis, Charleston SC, now Nazareth PA
 
Cheese wrote:
Still a few years away, but wanted to hear from those with firsthand knowledge. 😀😀


Retired for two years. I do work 15 hours a week though for two reasons - it gives me money to support my photo equipment purchases and by working 15 hours a week I'm eligible for dental and vision insurance. Those two things aren't available from Medicare and if you get a supplemental that include those features it jacks the price up substantially. At least for me the first three months of retirement felt really strange. It was like living in a time warp where time was all screwed up. Now, with all the things I do in retirement, I wonder how on earth I was able to work 40 hours a week! As far as my part-time job is concerned, it is ideal. I work 10-3 Mon., Tues., and Wed., then I'm off on a 4 day weekend which is a nice thing to have every week.



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Feb 26, 2022 10:16:27   #
Chris
 
Its great, you don't work and they put money in your account every month

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Feb 26, 2022 10:17:35   #
St.Mary's
 
As noted previously, how in the hell did I ever find time to go work!

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