RETIREMENT - At what age did you or will you throw in the towel?

[Cape Fear]

I retired in September 2021 at the age of 63 just a few weeks before my 64th birthday. Didn't plan on that time, but the stars, moon and sun lined up just right. It took some time(a lot ) of adjusting, but it was the right thing to do. Have enjoyed it ever since.

[geodebasser]

I didn't retire I just quit working

[1stindoor]

Retired from the Army in 2013. Set myself up to be able to completely retire by 60; hit that last September. Wife isn't in a hurry so I'm working while she's working. But I'm ready. Probably at 62.

[Jbass123]

My job offered a tempting early retirement package for everyone aged 60 with at least 15 years in house. Many succumbed, as did I. The job I did was mission critical to our very large [2500 employees] business, I was the only one trained to do that job, and on the day I turned in my keys I had not been asked to do any replacement training—nor was there a replacement on deck. 2 months after I retired, I got a call from someone wanting information that only I had, but my files had all been wiped; sorry about your luck.

My wife on the other hand is still working at 74, again is the only person in her corporation who does what she does, and if she has any plans to retire, I haven’t heard about it.

Word to the wise: I had the best fishing of my life from 60 to 70 y.o. And at exactly 70 major health issues arose. I’d been possibly the healthiest 60 year-old in the Midwest prior to that surprise. It’s a cliche because it’s true: you can’t take it with you, and there are no guarantees. Moreover, *everyone* can be replaced. I have no idea what they did going forward with my job responsibilities that I’d taken 15 years to consolidate. Knowing my company, they probably made the cheapest hire possible and wondered why things didn’t go smoothly. Not my problem, nor is it yours. Good luck with your decision. My best fishing buddy and I both said, a couple years ago, that for sure we’d both be fishing till age 85. That’s not a good bet for either of us now.

[rangered]

Had myself setup to retire at 60 and then bought a business from a customer of mine
at 55. 10 years later and I work 1 day a week for the last 4 years. Can’t draw SS until
I sell the company. That should be in the next couple years. Will be able to retire and
not have to worry about money at all and still leave the girls some coin when I’m gone.

[barbarian]

Hopefully quiet quitting at end of this year. I’ll be 58 knocking on 59

[bfric]

Retired in March of 22 at 64...I miss my coworkers but the job no.

[sll]

Retired a year ago at 56yo.

[Bill Reynolds]

I retired at 65 and consulted till age 70 to wind down my Workaholic nature. My Wife and I are long term planners and had everything in place.
There was only one surprise and based on this I offer this little piece of advice.
Background: At age 70 1/2 you have to start minimum spend down on your pre tax accounts, 401K, IRA etc. As expected, you have to pay income tax on these withdrawals but the part I did not expect was the affect on Social Security income tax. If you have over 32K in earned income, W2, pensions, savings withdrawal etc, you have to pay income tax on 50% of your social security income and 85% if earnings over 44K.

My advice is to move as much as possible into ROTH accounts as you approach retirement so you are paying the income tax when it has a lesser affect on your monthly cash flow.

[JoshKeller]

The day I'm eligible to collect my pension.

[pavi69]

73 but I had 150 days a year off when I was working

[Bleed Blue]

I went at 62, with 40 years of service. That was in 2018. I really wish I would have waited a few more years due to boredom. My only hobby is fishing, and I can't get motivated to go more than twice a week. I do some deer hunting but only a week or two. My health is/was fine, so I feel I went a little too early.
Good Luck

[Missedone]

I am retiring at the end of this year, my choice, when I turn 65. My company is offering me a consulting contract after that and I am considering it.

[ECobb91]

I get my full pension at 62yo which will be 60% of my final year salary, then I’ll also have my deferred compensation as supplemental. I’ll stick it out for the pension and leave the day that I lock it in.

so 2053 ill be retired.

[Bob G.]

Retired Jan 12, 2022 at 61. Started collecting SS later Jan 23 at 62. Will be 65 in November and will sign up for Medicare Aug 1st. Been on ACA health insurance since I left work. No regrets.

[limitlong]

55 and no regrets!

[Classicxl]

I'll be 65 next March, going to retire in the fall of 2026.

[Jfp3]

55 currently 68 it doesn’t suck

[arxpress]

56, will be 59 next month. Loved my job, but, along with all my coworkers, couldn't stand my boss. Closest place for the type of work I was doing is over 2 hours away.

[wdawson671]

58 after working for over 33 yrs for the same insurance company. Best decision I ever made was to retire early.