Semi retirement guilt You opinion
For those of you who are older and wiser, and have been there done that. What say you, have we made the right choice? Here is the deal, I am 58 dw 60, like you we have worked hard our whole life. ...
Forum Discussion
I retired at 58, DW semi-retired at 57 (she worked part time when not traveling). Though not debt free (two homes with mortgages) we had enough earnings on savings to live and travel, travel we did. DW's incurable cancer was discovered at age 62, she just made it past age 65. We got in a few years of doing what we wanted to do, even working around the medical treatments. I was burnt out on my job, she liked hers but liked travelling too.
I have friends of same age who could not imagine early retirement, or retirement at all. One lost his wife and health working toward retirement age. One worked to age 68 doing what he loved, just recently died doing the job. Left a younger widow.
If you are burnt out doing what you are doing, I say stop now, do what you want to do. Adjust your lifestyle to your income. We did well on about half of what our retirement savings earned each year, served well weathering the depression cutting the capital 40%. i think you can always adjust your lifestyle to a reasonable retirement income. I know a lot of people living well on social security, you just have to be in the right place with the right expectations.
If you can cut loose from jobs you would rather not do, and have a dream of what you would rather do, DO IT. You cannotknow how much time you have left, and buying more time seldom works, no matter how much money you have to throw at it.
I have friends of same age who could not imagine early retirement, or retirement at all. One lost his wife and health working toward retirement age. One worked to age 68 doing what he loved, just recently died doing the job. Left a younger widow.
If you are burnt out doing what you are doing, I say stop now, do what you want to do. Adjust your lifestyle to your income. We did well on about half of what our retirement savings earned each year, served well weathering the depression cutting the capital 40%. i think you can always adjust your lifestyle to a reasonable retirement income. I know a lot of people living well on social security, you just have to be in the right place with the right expectations.
If you can cut loose from jobs you would rather not do, and have a dream of what you would rather do, DO IT. You cannotknow how much time you have left, and buying more time seldom works, no matter how much money you have to throw at it.
