Shy and retiring...

@dawnald (84153)
Shingle Springs, California
October 14, 2009 2:46pm CST
Strike the shy part, we're not talking about shyness here... How many working people here, including those doing the mommy/housewife thing or who are working a home business, really want to continue doing that when they reach retirement age? How many of you are going to drop it all like a hot potato when you reach retirement age and do something else, anything else? Who's going to travel? Who wants a career change? Who wants no career at all, just leisure? What would you do first and how quickly do you think you'd end up being bored? Are you going to be financially OK when you get there? Do you even think that far ahead? Are you saving everything for when you reach that age? Or are you living it up now and saving nothing whatsoever? Or are you somewhere in between? Or are you too shy to talk about it? hahahaha Just kidding...
6 people like this
25 responses
@JenInTN (27548)
• United States
14 Oct 09
I'm hoping to drop it like a hot potato! I have a 401k thing going on but it won't be enough I'm sure. I'm not saving like I should be but I plan to start trying a little more of the aggressive type investments when the economy picks up a bit. Try to save a little more back too.
2 people like this
@dawnald (84153)
• Shingle Springs, California
14 Oct 09
Watch out for those aggressive investments though, they can go up as quickly as they can go down!
1 person likes this
@zed_k4 (17624)
• Singapore
15 Oct 09
I'm wit ya on the saving part..
1 person likes this
@rainmark (4303)
14 Oct 09
Hiya Dawnald, Even i don't know what will be happening in the future, i already plan for my retirement. Actually i start saving up now and do investments for me and my family. So by the time i reach age 65 ( If I'm still alive) I and my family have a good life, not so rich as long as we have food for our belly, roof over our heads and do some yearly trips around asia lolz. Happy myLoting.
2 people like this
@dawnald (84153)
• Shingle Springs, California
14 Oct 09
We've been saving since we were in our 20's. I'm pretty sure we'll be at least fairly comfortable when we retire. I don't expect I'll still be working here there. I'll be doing things I really LOVE to do as much as I can possibly afford to do them!
1 person likes this
@cher913 (25884)
• Canada
14 Oct 09
well, i work part time now (outside the house) because of health issues and i find that i have to keep busy because i get bored on my days off so i have pretty much started my own craft business. i make cards, gift tags and all sorts of stuff like that and i think i will keep on doing this til the end because its something i really like to do.
2 people like this
@dawnald (84153)
• Shingle Springs, California
14 Oct 09
I have no clue what I will be doing, but I do hope that I will be spending much more time on things that I like to do rather than things I feel like I have to do.
1 person likes this
@sid556 (30999)
• United States
15 Oct 09
To be honest, I am a little frightened by even the thought of it. I don't have any savings nor do I see it happening anytime in the near future. I don't live it up but I just get by keeping up with the bills and paying the rent. I live pretty frugal really but being a single mom and getting no child support....well...any savings don't stay saved for very long. I don't plan on retiring until I drop. So what about you? Tell us your story, dawn!
1 person likes this
@dawnald (84153)
• Shingle Springs, California
15 Oct 09
Hm, well I do have a bit of money put away in 401k and IRA accounts, plus a pension from my previous employer and whatever I will get from social security, so I do think I will be OK financially when I retire. Unfortunately my house is nowhere near paid off and I worry about that. But as far as what I want to do? Definitely not work for a big company any more, do something that I really like to do. Possibly a combination of writing, traveling, being lazy, working with animals, art, music, nature...
@sid556 (30999)
• United States
15 Oct 09
That sounds nice. Wish I'd been smarter when I was younger.
1 person likes this
@dawnald (84153)
• Shingle Springs, California
15 Oct 09
I have to give the husband a lot of the credit. He's the saver...
1 person likes this
• United States
15 Oct 09
I've been home 5yrs and I want to drop being home! I"m antsy to get back to work full time. THese 4 boring walls are killing me & I need a lil "me" time even if it's at a job. So I work pt. There's no saving anything right now, keeping the bills paid & everyone fed it sthe goal. I wish my excuse was that we were "living it up"
1 person likes this
@dawnald (84153)
• Shingle Springs, California
15 Oct 09
I bet you could use some adult conversation too!
• United States
15 Oct 09
Absolutly! Trusty me I'm dying for conversation that's why I like my job even if it's only a few hours a week! I find it really sad that my MIL & My Aunt whom both are in their late 60's are probably my best friends! I need some friends my own age!
1 person likes this
@dawnald (84153)
• Shingle Springs, California
15 Oct 09
Mine are pretty much all online...
• Australia
21 Oct 09
Dawn, I really don't think you need me to answer this one, because you already know my answer. Firstly, I haven't "worked" (that is, paid work) since I married my wonderful husband in 1960. Apart from raising 5 sons, I have always been involved in voluntary work in children's and youth ministry, counselling, conducting Bible studies etc. For the last 9 years I have been VERY involved in a specific children's and youth ministry which requires very long hours of work and much travelling to conduct holiday clubs and to present training seminars. Would I retire? Would I give it up? NO WAY!!!!! I LOVE the work I do. Someone said "Find a work you enjoy and you will never have to work again". There is no way I could consider what I do as work. I am 73 but the idea of giving it up is absolutely abhorrent to me. I hope I am still doing it the day I die.
1 person likes this
@dawnald (84153)
• Shingle Springs, California
21 Oct 09
I want to be like you when I grow up. :-)
• Australia
21 Oct 09
Dawn, you will NEVER grow up. You are mature but you will always be young and full of fun.
1 person likes this
@dawnald (84153)
• Shingle Springs, California
21 Oct 09
Well I didn't really want to grow up anyway... hehe
@MsTickle (25064)
• Australia
17 Oct 09
I had some horrible bosses while working and some horrible jobs as a result and as a result of that m y attitude was not so great deep down. I always envied people who didn't have to work. I also stocked up on books, fabrics and craft things to keep me busy in retirement. Four years ago, at 53, I was only working about 10 hours a week but I was fortunate in that my living expenses were very low. I was also on a benefit for low income earners. My dear aunt passed away and left me some money. After checking that I could move to a remote area and still get my benefit, I bought my lovely home which because it's so far from anything was very affordable. I own my home and I'm basically retired. I am a volunteer driver and I have a great life. I don't miss the bright city lights because I prefer to live in the bush. I'm currently wishing and hoping and dreaming about a home near the sea....you never know..
1 person likes this
@dawnald (84153)
• Shingle Springs, California
17 Oct 09
If it's anything like it is here, a home near the sea isn't goig to be so affordable though.
1 person likes this
@MsTickle (25064)
• Australia
17 Oct 09
Do tell, same here. It's weird isn't it with all the incidence of tsunamis and earthquakes...maybe it isn't such a good idea after all. Hmmmm
1 person likes this
@dawnald (84153)
• Shingle Springs, California
19 Oct 09
You would think, but that sure doesn't stop people from moving there!
1 person likes this
• United States
17 Oct 09
pft..what savings? with our utility bills lately,it just isn't possible. nah,i fully expect to work til i die,but i'd probably be bored anyway if all i had to do was sit and watch tv like mom does.
1 person likes this
@dawnald (84153)
• Shingle Springs, California
17 Oct 09
I wouldn't be sitting watching TV if I had a choice. Heck even if I was stuck in bed I'd be reading, doing puzzles, something. but if she's happy, what the heck...
1 person likes this
• United States
18 Oct 09
yea,she seems relatively happy. i don't know how she stands soap after soap tho. some of them are just so "romance novel".
1 person likes this
@dawnald (84153)
• Shingle Springs, California
19 Oct 09
I watch two and that's frustrating enough with how long they drag on some story lines and some of the crazy plot twists they come up with (and steal from one another)...
@vandana7 (70533)
• India
15 Oct 09
Hi dawnald, I think everybody should plan for retirement. After reaching an age we should ourselves move out. Why I feel this is, it becomes difficult to understand new things. We develop an ego based on our experience, and so we are unable to accept new things or the success of younger ones as easily as we should, even though in our hearts we know that the truth. I also think there are ample jobs like the online jobs, in which ego hassles do not arise, feeling of ill treatment as an elderly does not arise. I think elderly (we will be that) should look to such things. As long as there is no resentment against them, they may continue to be in employment. Whether u retire or not, one should always look for what one enjoys rather than hang on in some place for monies. In the case of old man from Asia, he needs the money. He did not plan well. Its sad. U r right there should be something for such people to fall back on. After all it is their hard work that laid the foundation.
@dawnald (84153)
• Shingle Springs, California
15 Oct 09
The old man in Asia lives in a poor and corrupt country. Perhaps he just had no choice. On the other hand, he and his wife did have 9 children. Perhaps if they had only had 2 or 3, he would have been able to put enough money away to retire.
@vandana7 (70533)
• India
15 Oct 09
I agree. Having children is a pleasure. It must be enjoyed with responsibility. I wish more people would look at it like that. Laws are not in place to restrict people. Eventually, may be everybody would have to go the Chinese way. Shouldn't people stop before that?
1 person likes this
@dawnald (84153)
• Shingle Springs, California
15 Oct 09
Yes, they absolutely should.
@debrakcarey (19923)
• United States
15 Oct 09
Retirement is just a dream for me....I will work until I drop. Then they will prop me up next to the med cart and hope that the meds still get passed.
1 person likes this
@dawnald (84153)
• Shingle Springs, California
15 Oct 09
well that sux unless you want to work...
@debrakcarey (19923)
• United States
15 Oct 09
I want to keep busy. There's a difference. I guess it will keep my out of my kids hair.
1 person likes this
@dawnald (84153)
• Shingle Springs, California
15 Oct 09
Dear Paul McCartney, could you send my friend Debi just a little bit of your money so that she doesn't have to work if she doesn't want to but she can if she does what to? She'll stay out of her kids' hair, promise. Love, DAwn
@paula27661 (15898)
• Australia
15 Oct 09
I am not too shy to talk about it, I am afraid! I haven’t been able to make any real provisions for our retirement. I write freelance from home now so, as you can imagine, I have no ‘real’ income to speak of! My husband works full time and has a superannuation fund with a little in it; I have one that will be just enough to buy me a new car by the time I reach 56 when I can get to it. The plan is to at least have our house paid off. As far as doing what I’m doing; I love it and I am happy to keep on doing it forever…I wonder if I’ll still be here when I’m 90?
1 person likes this
@dawnald (84153)
• Shingle Springs, California
15 Oct 09
Hope so!!! With the house paid off...
1 person likes this
@paula27661 (15898)
• Australia
16 Oct 09
Yeah! It would be nice to have that debt gone. I'll probably finish paying for it and then I'll die! (LOL)
1 person likes this
@dawnald (84153)
• Shingle Springs, California
21 Oct 09
I'll probably die first.
1 person likes this
@ElicBxn (60951)
• United States
15 Oct 09
well, I retired in 05 and spent a year just hanging around the house and LOVING it - but I had to start working again because I'm too young to get SSI
1 person likes this
@dawnald (84153)
• Shingle Springs, California
15 Oct 09
Still, a year... I'm envious!
1 person likes this
@ElicBxn (60951)
• United States
15 Oct 09
it was nice - wish I could do it again - but I AM only 55
1 person likes this
@dawnald (84153)
• Shingle Springs, California
15 Oct 09
Dear Paul McCartney, send my friend a small little percentage of your money. It would mean so much. Love, Dawn
@zed_k4 (17624)
• Singapore
15 Oct 09
My mom has always advised me. If I have a dollar, to spend $0.20 and save $0.80, and that same mindset goes the same for $10, $1000, $10,000 and etc. I think if I can follow this method, my retirement will be just fine. And I might be able to go on the 30-day cruise I've always dreamed of too.
1 person likes this
@dawnald (84153)
• Shingle Springs, California
15 Oct 09
My mom had a saying, that no matter what a bargain something was, if you didn't have the money, you couldn't afford it. I hope you can afford your cruise one day!
1 person likes this
@zed_k4 (17624)
• Singapore
18 Oct 09
I've certainly added that saying to my life now. That's something motivational to go by; thanks Dawn. Hope the sooner becomes pretty soon..
1 person likes this
@dawnald (84153)
• Shingle Springs, California
21 Oct 09
:-)
@jugsjugs (13042)
14 Oct 09
I hope to go back to home care when the children get alot older as that is the one job i loved to do.I am not that interested in anything else as i know that even though the pay is not that great i do like the job.I am going to ensure that all the children have grown up and moved out before i start to try to live my life again as that way i know i have a lesser chance of my plans getting ruined.
1 person likes this
@dawnald (84153)
• Shingle Springs, California
14 Oct 09
children do have a way of rearranging your best laid plans! I hope it works out for you...
@jugsjugs (13042)
14 Oct 09
So do i,no doubt i will be a grandmother by then and have more children to look after.lol.
1 person likes this
@dawnald (84153)
• Shingle Springs, California
14 Oct 09
Yes but you can give grandchildren back to their parents!
• United States
17 Oct 09
If I can retire financially secure I will retire at the soonest available opportunity, but as it looks, I'm a long way from retiring...
1 person likes this
@dawnald (84153)
• Shingle Springs, California
19 Oct 09
I can almost smell it, but not quite...
@ANTIQUELADY (36471)
• United States
16 Oct 09
Four years ago i had a stroke & along w/other medical problems i had to quit work. Take it from me you young folks better be putting back for a rainy day. u never know when it is going to hit & your age has nothing to do w/trouble happening to u.
1 person likes this
@dawnald (84153)
• Shingle Springs, California
17 Oct 09
Nope you don't ever know...
• United States
15 Oct 09
I stay at home with my 3 year old right now and I clean a few houses on the side for some extra money. It's going to be a good while before I reach retirement age. I'm not really thinking about what I'm going to be doing then. I might still clean some houses cause it gives you extra money within a few hours time and it's isn't that hard to do unless someone is a complete slob. I probably won't be a stay at home mom because by then my child will probably be out of the home. lol But if he has children I might help him out by taking care of them some so maybe I'll be a stay at home grandma. lol I don't really know what I'll want to do when I get retirement age because I really don't think that far in advance.
1 person likes this
@dawnald (84153)
• Shingle Springs, California
15 Oct 09
maybe you'll figure it out along the way...
@Zenstrive (239)
• Indonesia
15 Oct 09
I would really love to travel around photographing EVERYTHING! Needs money to do it though...hopefully myLot can fund my retirement eventually :D
1 person likes this
@dawnald (84153)
• Shingle Springs, California
15 Oct 09
Your chances are better with myLot than with Yuwie, but better have a backup plan! :-)
@ucue2008 (926)
• Malaysia
15 Oct 09
This is what I am worry about. hmm, I want to save as much as I can, but I ended up spend more than what I should. I should have plan, but until now I don't have a good plan for my future financial used and yet I kep on wasting money on unnecessary things. Ohhh, how I wish I could change my habit to be a good spender instead of kept wasting my money. A good discussion, but as I don't have a proper plan yet, I don't know how to answer. But I think I want to work even after my retirement age, doing life a little farming or some teaching. I do not want to be idle, it such a waste.
1 person likes this
@dawnald (84153)
• Shingle Springs, California
15 Oct 09
Sometimes it's hard to pass up buying something tempting, but then you find yourself 50 years old, no retirement money saved and too many thing!!! lol Maybe when you see something you want, you should take a few deep breaths or a short walk and ask yourself if you really need to have it!
@GardenGerty (109877)
• United States
15 Oct 09
I will never be able to retire. I am certain of that. I would get into way too much trouble. I am wanting to transition to home based business, within the next six years. I will always feel a great need to make money, due to various historic deprivations. Plus, it is a control issue.
1 person likes this
@dawnald (84153)
• Shingle Springs, California
15 Oct 09
definitely an echo