It is too late for me to die young and leave a sexy corpse. Having just passed a decennial birthday, I am reaching the time to start thinking seriously about how much longer I want to work. What do I want to do, when I no longer need to earn a living. I also believe that people should be engaged in life, working as long as they want to and are able to. I don't believe in mandatory retirement ages, desire and ability should guide what people do. Hence this weeks Sunday five.
1: Have you calculated your projected income and expenses at retirement age?
2: If you didn't need to work for a living, what would you do to stay engaged in the adventure of life?
3: What are you putting off until retirement?
4: You can't take it with you, do you plan to spend it all, or leave it behind?
5: At retirement will you stay where you are, or move?
My answers:
1: Have you calculated your projected income and expenses at retirement age? Yes, we have calculated projected income and living expenses. I need to keep reminding myself, that we have run the numbers and we will be just fine.
2: If you didn't need to work for a living, what would you do to stay engaged in the adventure of life? I am still struggling with this one, after 3-4 days away from the office I get bored, we will only be able to afford to travel a couple of months a year - what else?
3: What are you putting off until retirement? I want to go to someplace interesting, Rome, Paris, London, Florence and rent an apartment for a month and live with the locals. I can't figure out how to be away from the office for a month, so this is being pushed back until someday.
4: You can't take it with you, do you plan to spend it all, or leave it behind? Unless I live past my expiration date, there will probably be a nice chunk left behind when I die. I am by nature stingy. I urged my father to spend more to live more comfortably in his last couple of years, someone will need to do that to me.
5: At retirement will you stay where you are, or move? We are fixing up the condo to stay here for the long haul.
Your answers in the comments:
Already did it, as you know...
ReplyDelete1: Have you calculated your projected income and expenses at retirement age? We did.
2: If you didn't need to work for a living, what would you do to stay engaged in the adventure of life? This has never been an issue for us. Friendships. Explorations. Helping out when we can. The question really didn't cross our minds.
3: What are you putting off until retirement? Didn't put off anything. My father retired at 59 and died at 60.
4: You can't take it with you, do you plan to spend it all, or leave it behind? Plan to spend and leave what remains to charity
5: At retirement will you stay where you are, or move? We moved ... twice ... and are talking about another local move.
1: nope, cause I am NEVER retiring
ReplyDelete2: travel, take some baking/pastry classes for the hell of it
3: nothing
4: spend baby spend
5: see #1; we'll stay in this house as long as we can
Listen sweetcheeks. my dear mother is 70 and still works four days a week as a receptionist. She says if keeps her alert, useful and healthy.
ReplyDelete1: Have you calculated your projected income and expenses at retirement age? No not yet.
2: If you didn't need to work for a living, what would you do to stay engaged in the adventure of life? TRAVEL TRAVEL TRAVEL!
3: What are you putting off until retirement? Nothing I can think of.
4: You can't take it with you, do you plan to spend it all, or leave it behind? I' plan to leave some to family some to various animal rescues.
5: At retirement will you stay where you are, or move? I have considered moving to the beach.