What age do you think you’ll be when you retire ?

[Lardlizard]

What even is state pension age ?wonde did there wil even be a state pension when we are oap

I'm 46 with a progressive autoimmune disease.

I'll be dead first.

The only reason I keep paying into the pension scheme is that when that happens, DP is the named beneficiary.

I haven't worked for nearly 10 years and no plans to work anytime soon so I suppose I could say I retired at 29.

Hopefully at 60, if we don't need to move house before then. If we end up moving for whatever reason, probably later.

Aim to pay off mortgage by the time I'm 55. Then will review situation and sell to finance early retirement or arrange something to help kids depending on the economy.
I get a decent pension at 65 but will sacrifice some to retire earlier if necessary.

I'm not sure tbh, only just starting in my 50's after raising kids.
My time now and my business is my hobby too, so I love it.
Maybe, I won't retire, I know dh won't as you don't retire from music.

I'm hoping between 55-60 pref nearer 55
But all depends on redundancy package at work (if there is one).
I must be the only person I know desperately hoping to be made redundant.

I think it’s different if you worked all hours at something high pressure, or physically demanding. But I think that nowadays a lot of people will just slowly ease off as they get older. I work part time for a charity where lots of retired people do voluntary roles. I enjoy it and don’t see any reason to stop getting paid for it when I’m older. One of my colleagues is in her 70’s , she seems to have a good balanced life, meeting people from all over the world and doing cultural activities. I also want to spend more time on painting and selling art , which I can do at any age so long as I have my health. Having different small ways of earning money doing things you’re interested would keep things more varied than just “ retiring”

I think those in high pressure jobs or just working lots of hours/long commute usually need to retire in early 50's.
I've known so many retire in 60's but too late, they drop dead within a few months- a year.
Really sad to see them work themselves to the bone, up early, working for someone else, more flesh for more money, miss their kids growing up and drop dead just when becoming grandparents.

I'm hoping we will be able to change our lifestyle around the time when our youngest is 21, so around 58. That won't necessarily mean complete retirement, but a definite shift to less hours or working more flexibility. That might change though if we feel the children need more support into adulthood (house deposits etc). We are both very conscious that life is likely to be much harder for the next generation, and if we can make like easier for our children by working a few more years then that is what we will do, health allowing. I don't think I could enjoy retirement knowing my children were struggling financially in an economic climate much harder than the one we grew into.

60, but like so many have said, I’ll do a couple of days a week to top up my pension, depending how I feel.. State kicks in at 67 for me.
Mortgage and debt-free this year, so just down to living expenses now.
It’s more about having time to do things I want to, rather than have to.

126 most probably

70 I reckon. I'm 37 now and the pension age is 68 atm.

I have 20 years left on my mortgage and will try and save as much as possible for retirement.

Can't imagine what the world will be by then.

60 if we manage to pay off the mortgage. Otherwise state pension age which for me is 68 (at the moment)

I am working part time now at 61, enjoy what I do, not too stressful (but hugely rewarding & interesting- to me ), can walk to work so no difficult commute. I will probably carry on for as many years as I feel physically able to. I already have a good balance between working hours and free time to do what I want.

I plan to work part time for as long as I can get and do the work.

Our pension and savings planning is based on us retiring at 60y. So that's the hope, so long as nothing goes too wrong in the 14 years between now and then.

I suspect I will go part time before that as I don't get to choose my holidays and Dh will get fed up of no long weekends/expensive term tine holidays before then especially once dd is at university.

I'd like to think we'd both go part time in the run up to full retirement, to an extent anyway.

Going on dole at 60, fuck it

I am 47. I cannot realistically teach for another 20 years. I am hoping that in ten years I can start to wind down - already at four rather than five days a week.

My pensions starts paying out at 55. I will retire then. Of course - I may have a 'fun' job in retirement, but that will just be for 'fun' money.

Going on dole at 60, fuck it

Do you have a private pension? Savings? Property?

I can retire in 9 months when I hit 55, I will probably go on for another 2 years or until I hit the £1.05M private pension pot allowance. We are not mortgage free but have significant equity in a 2nd property which will pay off our mortgage. I have paid into a pension since I was 19 and owned my first property at 21 - haven't made all the right choices property wise but good enough. Want to live 50/50 here and somewhere in the sun. I am very very lucky and thank my lucky stars everyday.

My advise to young women today is ensure you are financially independent as that gives you choices.

67. Mortgage will be paid off when I am 65. Not a great pension. I am quite ok with it though...I have a lot I still need to do and only 22 years left to do it in!

56 is the plan although I may do a bit of consultancy work part time after that. Seems a long way off.

Mortgage will be paid off by 50. Will then go part time and depending how I feel retire by 58/60.

No way I’m working til 68!

102? I won’t retire, i’m Assuming I will work until I drop.