Any folks in their 30's or 40's that have retired out there? Care to tell your story? What you do in retirement etc?
I am thinking about it myself however cannot imagine what I will do to keep myself out of trouble.
Congrats on achieving financial independance at an early age. Would you share a bit of your story?
Here is an interview I did with QCash, he retired @ 35 w/ $1.5 million in net worth.
Sold my business a year ago - I am 36 with wife and 2 kids - took a position with the new owners. Working for new owners is hard and not something I plan to do for long-term.
Originally Posted by FrugalTrader
Financially secure with no debt. Really am curious what other 'young' retiree's do to keep themselves occupied.
If you don't know yet, learn to invest and manage your capital so that it will grow. Beside that, take long vacations and find some hobbies.
Learning to invest has been my primary goal which is why I hang out here so often!
Originally Posted by osc
My neighbor is young and "retired" , he's on welfare , I think he's financially secure , the cheques just keep coming , he drinks beer everyday , mows his lawn occasionally.
Originally Posted by stinsont
I guess it depends on you're finances , everyone has a different view of "financially secure".
I've been retired for 2 years now due to an injury , it sucks.
I think if you have to ask , you may want to keep working.
Vacations from what?
Originally Posted by osc
I have a few friends that were "financially secure" when quite young , didn't last long though , there back to work now , by necessity , not by choice.
Good luck , be careful.
If anyone feels generous and wants to give me the cash, I'll blog about my retired exploits no problem.
Vacations from the wonderful Canadian weather, or vacations to see something else than the same streets all the time.
Originally Posted by furgy
One should retire only when the return of his investments more than cover the lifestyle that he wants (including travel and hobbies). If your neighbor's lifestyle expectation is to be able to drink beer all day long, then probably a welfare check would cover that.
I tried a stint of early retirement in my 40s after being encouraged by such books as "The Joy of Not Working", "How to Survive Without a Salary and "Stop Working" (the one by Dianne Nahriny).
I found that 43 was too young to retire (for me, anyway) and that a frugal lifestyle is much less pleasant when it's a requirement rather than a choice. I would say that 55 is a better target for most people who don't absolutely love their jobs.
retirement is not something that i think i will embrace. just cant stand my new job so i think about what to do next.
Last edited by stinsont; 2010-01-25 at 08:39 PM.