Retiring

CGS1 · Dec 12, 2019

I RETIRED 4 Years ago. Its GREAT.
DO WHAT I WANT WHEN I WANT. TRAVEL AND DONT HAVE TO WORRY ABOUT HOW LONG YOU STAY(No job to get back to). GREAT.
Enjoy your retirement.

okietool · Dec 12, 2019

It will be different.

264killer · Dec 12, 2019

Retired at 58 now 78 . busy most of the time. hardly know how I ever had time for a job. Stay occupied .I know several guys who just sat around have passed away

Glock 40 · Dec 12, 2019

Congratulations. Mine is so far a way I try not to think about it.

Jcann · Dec 12, 2019

I retired at 54 years old on a Friday and started a new/old career on Monday.

1911master · Dec 12, 2019

Congrats! I am 22 months away and so ready.

AKmoose · Dec 12, 2019

Congratulations! Hopefully a year from now I'll be joining you.

kirk1978 · Dec 12, 2019

Congrats!!! I could retire then also if my wife would get a 2nd job, she seems to be selfish and wont get that job so I guess I have another 20 years.

Big50 · Dec 12, 2019

Whats a good number $ for a person that wants out at 58? I'm talking net after tax.

Aries · Dec 12, 2019

I'm not sure that can be answered without info about your lifestyle, obligations, how much you need per month to live on, etc.

Articles I read said you need 10 times your annual income in savings, but I think they were based on a little higher retirement age. But at 58 I'd think that would be a minimum, and probably a little more than 10x. Unless of course you have some other source(s) of income.

If that's what we'd had though, I would have waited to retire.

I think Edward Jones, Fidelity, and probably other investment firms will talk to you about your personal situation, and give you some advice. Our 401K has always been with Fidelity, but we talked to an EJ guy a couple of years before we retired, too.

Retiring

CGS1

I'm Retired, Do It Yourself.

okietool

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264killer

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Glock 40

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Jcann

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1911master

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AKmoose

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kirk1978

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Big50

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Aries

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