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-   -   Will you be retired at 40? How about at 50? (https://gfy.com/showthread.php?t=971227)

czarina 06-01-2010 12:24 PM

Will you be retired at 40? How about at 50?
 
My plan is to retire at 50. If my business continues the way it's going, that'll definitely happen!

How about you, when do you plan on retiring?

sperbonzo 06-01-2010 12:27 PM

maybe another 5 to 7 years...



But then again, I probably won't really retire.... Just work only on things that I want to get involved with.



..

Scott McD 06-01-2010 12:30 PM

Retire ?? Shit i haven't even started working yet! :1orglaugh

CurrentlySober 06-01-2010 12:30 PM

Semi retired here - 41 in a months time.

I'm still working a bit and doing the odd shoot etc... But its cause I want to... Not cause I have to :)

Amputate Your Head 06-01-2010 12:33 PM

I tried retirement.... it's really, really fucking boring. You end up doing insane chores just to be occupied. You create chores. Even fun shit like jetskiing gets real old, real fast.

I will work till I die. :2 cents:

seeandsee 06-01-2010 12:38 PM

in 10 yrs i hope, or late 30 in my worst :)))))))

96ukssob 06-01-2010 12:42 PM

hoping for 45 days from now, but doubtful :(

bronco67 06-01-2010 12:43 PM

I love what I do, so I never want to retire. The day I stop making art is when I die.

Sly 06-01-2010 12:43 PM

I would like to have everything financially in place to retire by 40, but I don't think I could ever retire. Everyone I know that retired young became extremely bored, even with travels and hobbies, they ended up coming back to work. LOL.

Semi retirement sounds good. Or how about just doing whatever the fuck you want, when you want?

NaughtyRob 06-01-2010 12:44 PM

Those who retire die young.

fatfoo 06-01-2010 12:44 PM

You have to work every day. You have to find the kind of work that feels like a vacation. If you go on vacation, you are going to work on relaxing, anyway. Creating art is enjoyable.

webair 06-01-2010 12:45 PM

I dont think i will ever want to retire...I like working too much

baddog 06-01-2010 12:46 PM

Quote:

Originally Posted by Amputate Your Head (Post 17197767)
I tried retirement.... it's really, really fucking boring. You end up doing insane chores just to be occupied. You create chores. Even fun shit like jetskiing gets real old, real fast.

I will work till I die. :2 cents:

Agreed. Retired once. This is more fun.

CaptainHowdy 06-01-2010 12:48 PM

I will never retire - GFY FOR LIFE...

LeRoy 06-01-2010 12:51 PM

I'll try for 50 that would be nice

Sid70 06-01-2010 12:55 PM

I just wanna have more steady income. retirement is for pussies.

Amputate Your Head 06-01-2010 01:05 PM

Quote:

Originally Posted by baddog (Post 17197892)
Agreed. Retired once. This is more fun.

Here's what I did during my short-lived retirement...

1. Bought 11 tons of rock.
2. Wired my entire house for sound, including the garage, the pool area, koi pond area, and the "cave" (a stand-up height 900 sq ft. concrete bunker under the house) with volume & controls in each room / area.
3. Got laser eye surgery.
4. Got all new teeth. (this shit is ridiculously expensive)
5. Got the rest of my tattoos filled in, fully sleeved now down to the fingertips.
6. Opened a sign shop, bought loads (over $100k) of equipment & supplies, got bored and let it die.
7. Trimmed a lot of trees around the property.
8. Jetskiing.
9. Lots of walking on the beach with the dogs.
10. Started building a bar, got bored and quit.
11. Went on "vacation" to all the rest of the Hawaiian islands.
12. Lots and lots and lots of drinking.
13. Lots and lots of fighting with my neighbor.
14. Ultimately ended up spending my nights getting (staying) drunk, smoking salvia, and catching cane toads out at the koi pond for entertainment.

Caligari 06-01-2010 01:08 PM

if you do a job and you're always thinking about retirement, you're doing the wrong job.

i hope i never retire from anything i like doing.

VikingMan 06-01-2010 01:12 PM

I retired for about 4 or 5 years in my mid-20's and traveled around the world with a backpack:2 cents: I ran into lots of 50-60 year olds who told me they envied me for doing it so young.

Wizzo 06-01-2010 01:23 PM

Quote:

Originally Posted by Amputate Your Head (Post 17197767)
I tried retirement.... it's really, really fucking boring. You end up doing insane chores just to be occupied. You create chores. Even fun shit like jetskiing gets real old, real fast.

I will work till I die. :2 cents:

Smartest post on GFY ever... :thumbsup

TeenCat 06-01-2010 01:25 PM

i want to retire in 33, in one year, my health needs it for sure ...

$5 submissions 06-01-2010 01:27 PM

While Retirement is great and everything, I plan to "work" till the day I die. I am lucky enough to love what I do for a living. I love to learn new stuff and turn ideas into reality. I don't ever see myself stopping that. Work, and the sense of freedom, creativity, and purpose it gives me, is one of the most important things in my life. I do travel from time to time and do chill... but I don't see myself not doing what I love to do.

woj 06-01-2010 01:33 PM

all the cool kids retire at 30 :thumbsup

Amputate Your Head 06-01-2010 01:34 PM

Quote:

Originally Posted by Wizzo (Post 17198111)
Smartest post on GFY ever... :thumbsup

wait... was it 'retired' or 'retarded'? I've been retarded for a long time. :winkwink:

fuzebox 06-01-2010 01:46 PM

Quote:

Originally Posted by Caligari (Post 17198042)
if you do a job and you're always thinking about retirement, you're doing the wrong job.

Well put.

What do you want to do once you're retired? Why don't you start doing that now?

ottopottomouse 06-01-2010 01:52 PM

Quote:

Originally Posted by woj (Post 17198149)
all the cool kids retire at 30 :thumbsup

I must be cool then.

Lasted 2 years I got so fucking bored I can't really explain it. It's also a lot more expensive to have so much spare time that needs filling.

Paul Markham 06-01-2010 02:05 PM

I planned to retire at 50 and go live in Thailand. Had the money to do it and property to let that would bring in a nice income.

Met Eva at 47 and knew she would not come to Thailand with me to sit on a beach. So carried on working.

Had more fun in the last 13 years than I've ever had.

Now fast approaching 60 and the thought has come up again, my pensions kick in in August and I'm thinking of taking a back seat.

Don't worry will still be her to post my wisdom. :1orglaugh

TeenCat 06-01-2010 02:13 PM

it is nice to see people saying i will never retire and i love my job ... but hey, are you here to hunt money? i am here to enjoy my life, if i will be at some point, i will have no reason to push myself higher. if there will be needs, i will do, but i want to enjoy life, not work till the death :2 cents:

Amputate Your Head 06-01-2010 02:15 PM

Quote:

Originally Posted by Paul Markham (Post 17198271)
I planned to retire at 50 and go live in Thailand. Had the money to do it and property to let that would bring in a nice income.

Met Eva at 47 and knew she would not come to Thailand with me to sit on a beach. So carried on working.

Had more fun in the last 13 years than I've ever had.

Now fast approaching 60 and the thought has come up again, my pensions kick in in August and I'm thinking of taking a back seat.

Don't worry will still be her to post my wisdom. :1orglaugh

That's interesting to me dude. I have to ask, have you ever regretted it? Not following through on your original plan I mean.

I consider myself an extremely lucky man. It took several tries to get it right, but wife #3 is truly my best friend in this life. She will back me right up to the end of the Earth burning down in flaming armageddon. If I told her tomorrow we needed to move to Antarctica for a few years because it would be good for us and maybe even fun, she'd start packing.

but the first 2 wives gave me a lot of regret. So I was just curious.

BigDeanEvans 06-01-2010 03:46 PM

How much money do you need to retire?

BlackCrayon 06-01-2010 04:17 PM

good luck planning retirement in this business. things can fall apart so fast, its not enough funny. you have to be 3 steps ahead at all time and anticpate change. hell, if things would of kept up the way i had them in 2007 i would be retired by now but things changed, that revenue stream died out and i had to move on.

BlackCrayon 06-01-2010 04:19 PM

Quote:

Originally Posted by ******* (Post 17198067)
I retired for about 4 or 5 years in my mid-20's and traveled around the world with a backpack:2 cents: I ran into lots of 50-60 year olds who told me they envied me for doing it so young.

you mean you just didn't work for a few years? i could be wrong but retirement to me means you have the financial means to support yourself without working for the rest of your life.

DudeRick 06-01-2010 04:26 PM

Have you checked the stock market lately? I'll be lucky if I ever get to retire! :Oh crap

ASW 06-01-2010 04:37 PM

i think if i had a choice or not i would say when i turn 60 because there is alot of money out here to get but if money is right when i'm 50 an the economy is good best beleave i will retire :pimp :thumbsup

TidalWave 06-01-2010 04:39 PM

My goal is to be financially independent by before I am 30.

Minte 06-01-2010 04:44 PM

I tried retiring when I was 45,it was realllllllllllllllllllll boring.

And if you make your hobbies your work,what do you do for fun?

Spunky 06-01-2010 05:23 PM

I'll probably work for the man until I'm 65 :(

AmeliaG 06-01-2010 05:24 PM

I took golf lessons at my grandparents country club as a kid. I was not good at golf.

Don't think retirement is for me, although what I work on would vary with available resources.

Argos88 06-01-2010 06:12 PM

Quote:

Originally Posted by BigDeanEvans (Post 17198671)
How much money do you need to retire?

I think most people who are thinking in retiring by that age, will need at least, I repeat at least 10 million USD (in capital and/or ACTIVE assets).

Yes, probably someone can quote saying and inserting a laugh icon, pretending to say that 10 million is not enough or something like that, but for 90% of people is a good capital to retire.

Of course this may vary from country to country, but you have an idea. For some cases, 1 million is enough to retire if they really know how to make that money work and don't have too many passives. But again, in countries like UK/England, 1 million is nothing.. Just my two cents. :2 cents:

.

Babaganoosh 06-01-2010 07:41 PM

No matter how much I make I will never retire. I like what I do.

EdgeXXX 06-01-2010 07:53 PM

Quote:

Originally Posted by Amputate Your Head (Post 17197767)
I tried retirement.... it's really, really fucking boring. You end up doing insane chores just to be occupied. You create chores. Even fun shit like jetskiing gets real old, real fast.

I will work till I die. :2 cents:

Couldn't have said it better myself.


Retiring young sounds cool and you think it's going to be awesome, but it gets old FASTand it's very easy for depression to start setting in (at least it did with me). I won't be doing that again any time soon. :2 cents:

rowan 06-01-2010 10:20 PM

Quote:

Originally Posted by czarina (Post 17197722)
My plan is to retire at 50. If my business continues the way it's going, that'll definitely happen!

How about you, when do you plan on retiring?

You're probably asking the wrong bunch of people, apart from the useless sigwhores most of us self employed entrepeneurs (sp?) have at least some of that "get up and go" twinkle in their eye...

It's the people stuck in dead end 9-5 jobs that look forward to retiring; I can't imagine just walking away from it all one day, I think I'd still be involved in a lot of projects, except monetizing them would no longer be one of the most important things :)

crazytrini85 06-02-2010 04:04 AM

I don't want to retire, however, I will transition into something new with less headache and less "children" to deal with and little time sitting in front of my computer. May open a dive shop later on.

Bake 06-02-2010 04:25 AM

Retiring is something you think about when your young.
I tried for a while and got down 5 handicap but you get bored playing golf all day.
Your priorities change all the time, just go with it.

Paul Markham 06-02-2010 05:01 AM

Quote:

Originally Posted by Amputate Your Head (Post 17198319)
That's interesting to me dude. I have to ask, have you ever regretted it? Not following through on your original plan I mean.

I consider myself an extremely lucky man. It took several tries to get it right, but wife #3 is truly my best friend in this life. She will back me right up to the end of the Earth burning down in flaming armageddon. If I told her tomorrow we needed to move to Antarctica for a few years because it would be good for us and maybe even fun, she'd start packing.

but the first 2 wives gave me a lot of regret. So I was just curious.

Never regretted it for a single minute. Had more fun in the last 13 years than I had for the previous 47 and shared them with someone I love and who loves me back. The last two years have been a hard time and still we laugh and love each other.

My first two mariages were big mistakes.

Sid70 06-02-2010 05:44 AM

sounds like a bunch of fellas who have no kids and no obligations. Will you retire if you have enough for yourself only but your children need money for college and other stuff? I need 3 times more the I really need because I run family.

Redrob 06-02-2010 05:47 AM

Looking for the right place to land: Fukuoka, Paris, Phuket, Telluride, Singapore, Shanghai, and a couple of more are on my short list. Currently in Austin and it is hard to beat.

tranza 06-02-2010 06:38 AM

I'm too young to be thinking about retiring.......

czarina 06-02-2010 12:43 PM

I love my job, and I'm pretty good at it, but my dream is to be a writer. I'm still in my 30's, have a few properties and no real debt.
So my plan is to retire the day I turn 50 and live off my income properties and the money I have in the bank (which I've worked very hard for), and spend a few hours a day writing.
I also want to spend some time gardening, building and running a pet rescue place and last but not least, travel with my son, who'll be almost 20 years old by then.


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