What age do you think you’ll retire ? And what do you plan to do then ?

[Lardlizard]

People seem to work to so much older these days
So do you have any ideas at all in your plans and how old are you now ?

Im early 40s but I’d like to do some real traveling
Actually go on a trio around the world

Maybe do some animal conservation work

Thjngs is still like to learn like scuba diving, skiing properly
Although maybe ought to learN these before retirement

I had to retire at 52, some 16years ago, but it was with ill health. I was pretty poorly but partially recovered. I had a good pension. In the 16 years we have moved to Spain and taken wonderful holidays all over the world. Im now slowing down and finding general life harder. I really enjoy my crafts, watching telly and travelling but I so glad I retired when I did! You don't need as much as you think you do and you get to keep more of the money you get. No pension contributions, no union dues, no work expenses.....maybe only 1 car. Do it as soon as you can. I loved my job, but I love my life now more

My first private pension kicks in at 60. I could probably wind down a bit then, go part time. But who knows what life will hold. I have another pension that kicks in at 65, then the other at 67 when I ‘should’ be getting a state pension.
I’m 45 soon, but can’t see me slowing down in 15 years time.
I did a lot of travelling in a previous job and have also lived in Oz. I’m concentrating on dds futures for now so that’s it for the next 10 years.

I'm a farmer so I'll never retire.

I see ourselves stopping being completely responsible in about 15 years. Either children will be stepping up to the plate or we'll hire a manager/rent out the farm. I'd still work but with less responsibilitiy. I'll be 50 then. I'll also take more holidays then.

Then every 10 years I'll dial it down a notch. So for example my 65 year old mum does 3 days a week on the farm and w bit more at harvest. My 75 year old mother in law helps out in emergencies (eg has the kids if I go to the vet or makes us tea if we're all working really late.) Both also have a valued and important role to play in the strategic planning of the business.

64 now so the mandatory 66 as ive now worked 6 years longer than i intended to when i was young we have planned a three week big holiday to America for my retirement month and after that will just enjoy myself not having to go to work

I was in a certain set of circumstances that saw me retire at 35 with a good pension.

I am now back in work through choice, several years later doing something very part time that I really enjoy. I think we will plan for my partner to retire in around 15 years time. Life is too short and we're lucky to have the opportunity to both retire by late 40s

No idea when I'll retire. I hope to never have to work full time again.
I've got lots of hobbies and interests and doubt I'd get bored, I'm excellent at filling my time.
Hopefully DH and I will travel a bit, lucky enough to have already done a lot.
Just hope we'll still be around and healthy by then.

For me the travelling in retirement just means I can go away from a month at a time rather than one or two weeks before rushing back to work

Dh retired last year at 58 and we moved back to the UK. I still have 6 years NICs to earn to get the max state pension, so I have found a Civil Service job which may morph into a permanent position next year. I get my Teachers Pension and Local Govt pensions at 60, so in 5 years. If I'm working, I can decide to either quit when I have the full NICs, or carry on til I'm 67. I'll probably quit at 60.

Mortgage is gone, ds is through a BA and MA, and debt free.

Dh and I won't qualify for state pension until we're 68 (unless they put the age up again ) which is another 20 years away. I already work part time. Our hope is that in 10 years time he will also go part time then we'll retire 100% 10 years after that.

We always planned to retire at 60 but nudged it to 62 as we're both happy at work. But Covid has highlighted how fragile plans can be so 60 is back on the cards. We're both 57.

We've done a lot of long haul travel (no DC) but would like to go back to Australia again. Immediate plan is to spend a month at a family member's holiday house in Greece (she's already okayed that - we're not Mexican House Thieves ) to wind down and do some island hopping. DH wants to get a dog. He's also eyeing up a woodlands trust volunteering role and he plans to play more golf and go fishing.

I really need a hobby! But health permitting, I plan to go to all the museums and galleries etc. And chuck in the National Trust. My SIL is retired and does something free nearly every day. She's an inspiration.

We do plan to spend time together as well!

I'd like to do something voluntary but nothing that involves being managed!

I wont have the 35 years needed for the state pension until retirement age, and I do need that as my work pension is not enough. In my late 60s I am not sure what I might still be capable of - I've worked full time all my life (some in another country - hence not reaching the magic 35 here) and at 57 I am very very tired. I admire people who can plan ahead this far.

I suspect I'll stop actively looking for projects in my 70s however will probably pootle on doing stuff until I die - common with architects. DH in theory will retire from active practice (dr) at 65 but I suspect he will still do part time work, teaching and medical politics after then.
My FIL has been 'retired' for nearly 10yrs but still seems to be doing various bits of work for people when they ask, he is lucky not to need the money so can pick and choose what he does. My MIL retired around the same time but as hers was a manual job (plumber) she felt she physically was finding it tough so stopped entirely and now spends time on hobbies, charity work and grandchildren.
My mum retired at 65, she then was diagnosed with Alzheimer's at 68 and now at 74 has just gone into a care home as she can no longer function without 24/7 care.

I'm 56 and I started a new job a year ago. It was a step down from my previous role, but a young & growing organisation with a much younger staff demographic, and I am loving the challenge. I know I can add value and use my experience, but I also know that 60 will be the right time to retire. I hope to be able to travel, take on a charity trusteeship, read, garden, visit friends. Loving my working life, but also looking forward to retirement.