Retirement age

[2naEagle]

Originally Posted by DonaandDon

Retirement is but a state of mind....

I have always heard that. I'm starting to believe it. Retired at 58 in January of 2017 and I don't mind at all.

[Crabman]

Originally Posted by DavidJay

You know you can purchase that for yourself, don't you? You don't have to be employed to be insured.

Retiring in 2019 at age 62...

You can purchase it yourself is right and being self employed I have in the past but individual plans are ridiculously expensive, especially for those 50+ yrs old. I am now on my wife's employer plan and that is no bargain either.

[bdreinv]

Only good thing about 62 is Medicare a little over a hundred bucks a month. Supplement is free!

[Riverman]

Medicare was age 65 in my state, but my supplement (advantage plan) is free.

[Midnightmoon]

Interesting read on health insurance costs.

https://www.usatoday.com/story/money...our/676046002/

[Crabman]

Originally Posted by bdreinv

Only good thing about 62 is Medicare a little over a hundred bucks a month. Supplement is free!

Isn't it 65? Social Security can start at 62.

[bdreinv]

Seems like a long time ago, any body remember?LOL

[ttavasc]

In general it's 65 unless certain mitigating circumstances such as being eligible for Social Security Disability for at least 24 months.

[norty1]

I retired at 49. Early out offer from Ma Bell.

[Witt74]

From what I understand, and who can understand government, you can retire at age 62. To receive full benefits from Social Security, according to my birth year, my retirement age is 66 1/2.

[TCNashville]

Originally Posted by Witt74

From what I understand, and who can understand government, you can retire at age 62. To receive full benefits from Social Security, according to my birth year, my retirement age is 66 1/2.

My full retirement age is 66 and 4 months. I'll be taking it @62 which is in 3 months.

[FeatherFam]

DW and I are eligible for full soc. benefits at 70. We'll see how long we can hold on. It may not be worth it. I am sure that's what the two-headed viper hopes we decide.

[Dskyward]

I retired at 50, w/29 yrs with state of TX, DW (also state of TX) retired at 58. We met the rule of 80(age and yrs of service), and an incredible miracle, we both exited the cubicle 48 hrs apart! Was her idea to sell the house of 10 yrs, 3 vehicles, buy a 1 ton dually, a 5th wheel and start fulltiming.

That was 2.5 yrs ago. Already put 25k miles on the 5er, park hosting and traveling the country in between. What an adventure, meeting wonderful people, then running into some again in different states! Now we bought a 5 acre property in TX hill country to establish a home base and plan to build a ‘pole barn’ aka barndominium, with a RV/shop and still plan to travel 6-8 mos of the year. DW says I go back to work to afford it.

[Seann45]

I retired at 55 but everyone I knew was still working to 65... It can get lonely..

[ifallsguy]

I retired at 56 (11 years ago) and have been more tired than when I worked 14 hour days for Unc Sam running an airport for TSA.

Took social security at 63 and Medicare A is free. The wife has 5 years to go before retirement (minimum 10 years in Georgia State Teacher Retirement) then back west. Her medical covers both of us and the Univer of GA system pays for our medical after retirement.

Would be nice if we were still out west where we had hiking, kayaking, our boat, camp, etc. And NO HUMIDTY. Really looking forward to her last day at work so we can turn on the observation camera on the TT and watch Georgia disappear into the background.

[Chet & Marie]

We partially retired at 65 and Medicare. I taught at University so taught on line from 65 to 68 part time and then pulled the plug. Should have done so earlier but now we are having the time of our life with our Jay Feather and best of all, no snow in the winter. Plan to do this till 85 or so.

[Bobman]

I am in the process now of selling everything off so I can retire. I think I sold my building also selling equipment. Going to semi-retire the beginning of next year and hopefully fully retire by 59 1/2 (less than a year )

[2edgesword]

Unless there is some health issue I don't plan to fully retire. My plan is to wait for my wife to retire in 2 years and then go part-time while we travel. At that point I'll be 67 years old and since 99% of what I do (electrical engineer) can be done online I'll work remotely. That's the plan, we'll see how it goes.

[harryjr]

Only you can decide. No matter how much money you have, some "expert" will tell you that you need more.

I retired 3 years ago @ 62. I didn't hate my job. I could have hung in there for another 3 yrs. if I had to. But, after 2 relatives younger than I died of cancer, we decided that the time was more important than the money. My wife who is 3 yrs. younger planned on working 3 more years. A year later, she came home one day and said, "I can't do this any more." She retired 6 months later. We had the same epiphany. One day you just say, "I'm done with this." You may not retire the next day. But the day I made the decision, I felt a 1000 lbs off my shoulders. It was the smartest decision (for us) we've ever made.

We do what we want, when we want to do it. We don't do what we don't want to do, when we don't want to do it. We love it.

[norty1]

Same here, My wife is 14 years behind me in age. I retired the 1st time 27 years ago. She is a Registered Ultrasound Technologist (RVT) and continued her career for 10 more years or so, then got into another hospital where she only works when they need her and when she wants to work. She is very good and well respected in her field. She will start drawing a retirement from her ft job at in a few years at 65. I did contract engineering for a few years and then worked for myself for 12 years.

We have been able to pretty much camp when we wanted for the last 15 years and still rake in a little cash.

Every story is different but socking away the $$$ early and making good investments is the key to a long happy retirement. Good health also is a big factor. We just always live below our means and stay out of debt as much as possible.