When will you retire?

I'm 44 and could retire at age 48 ( I'll have 25 years service credit)....but with health care costs , a Daughter entering college next year, and a son to follow, I'll hang in another 8 - 10yrs I guess.
 
sfergson727 said:
Not tennis, but it was speculated that running, and previous football injuries (helmet to the hips) may have helped it along. The Doctor also said it is possible it may be hereditary as well. Basically what I have going on is bone on bone contact when I am sitting down, which needless to say causes excrutiating pain, and not good for my typical Anchorage to Hong Kong non-stop flights.

The surgery I had in August hopefully will prevent severe (dibilatating) osteo-arthritus from forming and postpone the need for an artificial hip. (Without it, Doc said I would need one within 10 years, which would put me at age 49) I'll have my left hip operated on sometime next year. Though there are no guarantees, hopefully I won't need full replacement surgery for quite a while.

If you are having trouble with your hips, I'd advise you to go to a bone specialist, and get X-rays, as if you do have a problem growing, it's best to take care of it early.
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Thanks, hope everything works out. This is a common tennis problem because of the side to side movement. My hips are OK for now, both knees shot and two lower back vertebrae are fused with some nerve damage...all from tennis!!

Mike
 
Quint4 said:
I'm 44 and could retire at age 48 ( I'll have 25 years service credit)....but with health care costs , a Daughter entering college next year, and a son to follow, I'll hang in another 8 - 10yrs I guess.
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You thought about going in to the D.R.O.P?
 
I had it all planned out to retire this year. I spent several years writing childrens books. I wrote a bunch and submitted them but they haven't be received very well. They are a more modern approach but still with their roots in the old stories. I guess I have to keep working for another 20 years.

Here are some of the books.

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Haw! :smt043 :smt043
 
You thought about going in to the D.R.O.P?

oh yeah ...will do.
__________________
 
Retirement doesn't mean dying! I volunteer at our local Children's Hospital and I read at one of local schools. Aside from that, I take care of the house and our pets. That means cooking, laundry, and cleaning the house. My wife bought me a Dyson, thats got to be the best vacuum out there! Wife enjoys not having to do all that stuff on weekends. Weekends now are pretty much spent at the lake. We are forunate that short of a couple months we can boat all year. So even in our winter, we head to the boat on Friday eve and come home Sunday or Monday.

I think the work and retire ratio is when you personally reach the point of comfort. I didn't say rich or cheap, I said comfort. I define comfort as a cup of Kroger coffee satisfying me just as well as a cup from Starbucks at half the price!
 
dpvandy01 said:
25 years of Full-time service on 11-13-2023. Ten years down, 15 to go. I'll be 56 years old and ready to go!
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What kind of pension % is that? I can retire at 20 years w/ 50%, or 2% additional for every year worked over that, up to 74% of the pension base max. I'll be 55 and retired, November 10, 2040.
 
I still have another 40 years or so to go, and even then who knows what'll happen? I get too bored when I have a vacation week where I don't travel anywhere, at this point I can't imagine doing nothing "full time". I gotta keep myself busy or I'll go crazy :smt119
 
sfergson727 said:
Not tennis, but it was speculated that running, and previous football injuries (helmet to the hips) may have helped it along. The Doctor also said it is possible it may be hereditary as well. Basically what I have going on is bone on bone contact when I am sitting down, which needless to say causes excrutiating pain, and not good for my typical Anchorage to Hong Kong non-stop flights.

The surgery I had in August hopefully will prevent severe (dibilatating) osteo-arthritus from forming and postpone the need for an artificial hip. (Without it, Doc said I would need one within 10 years, which would put me at age 49) I'll have my left hip operated on sometime next year. Though there are no guarantees, hopefully I won't need full replacement surgery for quite a while.

If you are having trouble with your hips, I'd advise you to go to a bone specialist, and get X-rays, as if you do have a problem growing, it's best to take care of it early.
Click to expand...

Hello Scott, I had Total Hip Replacement last Feb.. Just wanted to inform you that within six weeks I was able to use my Rototiller with a little caution. Choose an Orthopedic Surgeon as carefully as if you were buying a new seaRay!!!
Hip surgery has a very high success rate. Al W.
 
67vetteal said:
Hello Scott, I had Total Hip Replacement last Feb.. Just wanted to inform you that within six weeks I was able to use my Rototiller with a little caution. Choose an Orthopedic Surgeon as carefully as if you were buying a new seaRay!!!
Hip surgery has a very high success rate. Al W.
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I'll second that!! I made appointments with four different ortho surgeons before I was comfortable with one.

When I had hip resurfacing, what I actually had was a titanium socket installed in my hip and a titanium ball fit over the femoral head of the bone; basically a hip replacement without any cutting of bone. I should be good with this for at least 20 years, and I still have enough bone left to do a full hip replacement if ever needed.
 
Nope.... 60% of my top 3 years in pension plus I'm putting about %15 pre-tax into defered comp (401k for the public sector). still have 15 years. Dunno though, they say the market is currently a roller coaster and you only get hurt if you jump off!?? We'll see. More worried about my parents, I've still got some time to get used to the taste of cat food:smt101
 
I stopped contributing to the 401K a couple of years ago. I left what I had in there, but moved it to the "conservative" funds, which are holding their own right now. I simply don't trust the government to not change the tax laws before I retire.

I started a home based business back in July, and it has already reached a point where I am making about 40% of my current salary putting in only 6-10 hours a week. If things keep going like this, I plan on quitting the corporate job in less than a year. The fiance has 2 kids, but it will be her ex's responsibility for putting them through college and paying their medical expenses. No need to "retire", as I am having a great deal of fun with the new business. Life is good.

Michael
 
skibum said:
I stopped contributing to the 401K a couple of years ago. I left what I had in there, but moved it to the "conservative" funds, which are holding their own right now. I simply don't trust the government to not change the tax laws before I retire.

I started a home based business back in July, and it has already reached a point where I am making about 40% of my current salary putting in only 6-10 hours a week. If things keep going like this, I plan on quitting the corporate job in less than a year. The fiance has 2 kids, but it will be her ex's responsibility for putting them through college and paying their medical expenses. No need to "retire", as I am having a great deal of fun with the new business. Life is good.

Michael
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Michael,

You've mentioned your business a couple of times. What is it?
 
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