Got something to say or just want fewer pesky ads? Join us... 😊
[Help] Retirement
- Thread starter pearl
- Start date
Snowy
Active member
Thanks guys. Interesting thread. I’m also considering my retirement options but as I work from home a lot (and often have little to do although my company don’t seem to realise that! I already find lots of ways to fill my time. At the moment it seems like it would be a pity to retire and up doing largely the same as I do now while not getting paid for it!
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk
Moshe Gariani
Well-known member
- Mar 10, 2005
- 12,071
I'm sure there are a good number of regular NSCers who can relate to that sentiment...!!!
Beach Hut
Brighton Bhuna Boy
Very interesting read, especially about the option of having a lot of money regularly as opposed to what in life is better.
Think my decision is made.
Think my decision is made.
warmleyseagull
Well-known member
Like anything in life, retirement needs a little thought and work. Suddenly you become time rich and as long as you are not money poor as a result of retiring (if so, part-time may be an option) you can for once really control your time.
I was lucky in that I could work part-time for few years before giving up entirely. if that is an option, seriously consider it as it eases you in; time to build up ideas and research into how, what and when.
I have been fully retired for four years; the first two were dominated by youngest son's illness and, ultimately, tragic death aged 28. Since then, we have gradually built up confidence and found plenty to do. I worked on a photography course for a while; we travelled a lot (mainly independently as I am adventurous, my wife a writer, so our interest diverge). We moved house and have plenty of time to sort the unpacking, arrange tradespeople, and do some of the decorating and remedial work. It is very useful to be able to say 'yes' to most of the dates suggested. Even waiting in all day for the UPS parcel (god, they are the pits) that doesn't arrive seems less important as we can still be in tomorrow.
Voluntary work is a great idea - loads of things to do. I volunteer in a Science Centre. Would suggest trying to avoid regular commitment; one of my friends is 'committed' every Wednesday; loves what he does but does regret the lack of flexibility.
I was lucky in that I could work part-time for few years before giving up entirely. if that is an option, seriously consider it as it eases you in; time to build up ideas and research into how, what and when.
I have been fully retired for four years; the first two were dominated by youngest son's illness and, ultimately, tragic death aged 28. Since then, we have gradually built up confidence and found plenty to do. I worked on a photography course for a while; we travelled a lot (mainly independently as I am adventurous, my wife a writer, so our interest diverge). We moved house and have plenty of time to sort the unpacking, arrange tradespeople, and do some of the decorating and remedial work. It is very useful to be able to say 'yes' to most of the dates suggested. Even waiting in all day for the UPS parcel (god, they are the pits) that doesn't arrive seems less important as we can still be in tomorrow.
Voluntary work is a great idea - loads of things to do. I volunteer in a Science Centre. Would suggest trying to avoid regular commitment; one of my friends is 'committed' every Wednesday; loves what he does but does regret the lack of flexibility.
Daddies_Sauce
Falmer WSL, not a JCL
- Jun 27, 2008
- 852
We would all like to 'have enough' but how much is enough? if only we knew the end date it would make retirement planning so much easier, I could plug that date into my planning spreadsheet, along with the assumptions for SIPP growth (if only), and future inflation and percentage increases to my small DB and state pensions when they are available. Having done the long days needed to do the London Bridge shuffle together with long motorway commutes and witnessed the aftermath of some of plonker driving on the M25 (other roads/motorways are available) the risks of stress, tiredness and being involved in accidents increase and I'm pleased I no longer do them. Accidents or illness can strike at any time, I'm glad I'm able to relax and enjoy life a little.
Super Steve Earle
Well-known member
I presume you have already sorted your CDs in to alphabetical order by artist, then release date order for each artist?
Garry Nelson's teacher
Well-known member
By a spooky coincidence it's actually my final day today in the career that's sustained me over 40 years (and 2 months). I claim no wisdom and every case is different. I've avoided the 'cliff-edge effect'(i.e. going from 100% to 0% overnight) by
a) reducing in stages - a 0.4 contract from 60-62 and a 0.2 from 62-64
b) developing some very small (paid) jobs as I was scaling down in the main one. They don't add up to much in terms of money or time but they get me out of the house, allow me to see a bit of the country and trade on my main asset - experience
Of course not everyone can employ a) and/or b) but if you can then I'd recommend it; the gradient to full retirement is much gentler and you get that priceless commodity: choice. But you do need to plan it and cultivate any contacts before you become 'yesterday's man'. (In fact I applied for one more job this afternoon while I've still got my 'corporate' email address.)
a) reducing in stages - a 0.4 contract from 60-62 and a 0.2 from 62-64
b) developing some very small (paid) jobs as I was scaling down in the main one. They don't add up to much in terms of money or time but they get me out of the house, allow me to see a bit of the country and trade on my main asset - experience
Of course not everyone can employ a) and/or b) but if you can then I'd recommend it; the gradient to full retirement is much gentler and you get that priceless commodity: choice. But you do need to plan it and cultivate any contacts before you become 'yesterday's man'. (In fact I applied for one more job this afternoon while I've still got my 'corporate' email address.)
Hampster Gull
New member
- Dec 22, 2010
- 13,462
Good points. They are trying to widen demographics. Independence is key, without a least a bit there is little interest
Beach Hut
Brighton Bhuna Boy
That is the point you have to make the plunge and accept the consequences, the stress levels where I am are unacceptable in my view given what I would get leaving and perhaps some part-time work for a few years.
How very dare you [emoji23][emoji23][emoji23][emoji23]
Several distant employers are unknowingly paying people 'working from home' to tap away / read on NSC for half their day.
I suspect that they're larger employers, as small business owners are paranoid (rightly so) that p-taking goes on.
I multi-task when I’m on some of the interminable conference calls our organisation seems to thrive on. Getting progressively more difficult now we use videocalls much more [emoji23][emoji23]
I work alot from home, but for myself.
To break the day, millions of quasi-house husbands are doing the laundry, mowing the lawn, loading the dishwasher and taping away on internet forums.
Westdene Wonder
New member
Very good choice except the last item,you are retiring,the lady of the house wont take kindly to being subbed
- Jul 10, 2003
- 25,807
Super Steve Earle
Well-known member
maltaseagull
Well-known member
Change of plan!
Been asked to stay on until June 2019.
Accepted, as this will pay for 2 more cruises
