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Original poster

I want to retire at….

112 replies

EUwannabe · 07/12/2022 11:22

So I’m hoping to retire early (early 40s atm!). What age would you 1) like to retire 2) think you’ll be able to retire? Is 50 too early 🤣

OP posts:
ChessieFL · 07/12/2022 11:23

I would like to retire now! Also early 40s. I will actually retire at around 60 I expect.

crossstitchingnana · 07/12/2022 11:24

I'm 55 and I don't want to retire yet, and I can't afford to. Planning on going until I am fed up, hoping I can do at least mid-60s to build a pot. But, no-one knows what the future holds health wise x

Boshi · 07/12/2022 11:25

I would like to retire at 60, I think realistically I may keep going to 65. I hope I won’t need to keep working past that age

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Retirement & pensions
Original poster
EUwannabe · 07/12/2022 11:26

@ChessieFL Haha me too!

OP posts:
AreOttersJustWetCats · 07/12/2022 11:28

I'm aiming not to retire particularly early, but for DH and I to both go very part time (2 or 3 days per week) from early/mid 50s, so we have more leisure time. I think being in the workplace and mixing with people of different ages/backgrounds is good for people - I know some people who have become very dull, disengaged, introverted and out of touch since they stopped work. Their worlds shrank a lot and they became far less flexible in their views/thinking.

At the moment we're on track for that, but who knows what the next few years will bring.

MotherOfPuffling · 07/12/2022 11:28

I’d be bored! I want to go back to full time as soon as my health allows, then maybe reduce my hours a bit once I’m 60. Ideally I’d still be working part time till I’m 70.

frozendaisy · 07/12/2022 11:32

This household looking at 62 with a comfortable retirement income. Perhaps do top dollar consultancy days if they are easy afterwards.

BayCityTrollers · 07/12/2022 11:36

Dh is retired at 62.

I am 48, I plan to take a step back in 4 years when dses are through university but won’t give up work. I just want less pressure and slightly fewer hours. By then I will have been nursing 26 years!

Dodecaheidyin · 07/12/2022 11:39

... once! Xmas Smile

blebbleb · 07/12/2022 11:40

I'm 38 and can't imagine retiring until mid/late 60s at least. I think early retirement is a bit of a pipe dream for many now, especially as you could have over 30 years of not working. Pretty hard to find that unless you want to live on a pittance or have great savings and pensions.

blebbleb · 07/12/2022 11:40

Pretty hard to fund that I mean.

FetlocksBlowingInTheWind · 07/12/2022 11:41

I would love to retire now (mid 50s) but there is not the remotest chance. It will be 67 for me if I'm lucky.

beguilingeyes · 07/12/2022 11:42

I'm 61 and technically retired now (workplace pension), although I don't get state pension until 67.
I'm still working part-time for the NHS. I'd quite like to do two days a week. Enough to keep me ticking over but plenty of time for myself.

FrownedUpon · 07/12/2022 11:43

I’m on track for mid 50’s. I can’t wait. There’s so much I want to do other than work. I certainly can’t imagine being bored!

zighead · 07/12/2022 11:44

I am planning on retiring at 56 at which point DH will be 60. He loves his job though so possibly will carry on working a few more years. I however hate my job and can't wait to finish.
No idea if our pensions will be big enough by then but will also downsize when kids finish university.

GetOffTheRoof · 07/12/2022 11:45

I'm hoping to retire at 60. My deferred police pension kicks in then, and I can take early retirement from the Civil Service but with my pension actuarialy reduced, so it'll be a question of the maths.

My parents at both 70, in terrible states health and mobility-wise and I do not want to waste my retirement. I want to travel, be able to enjoy life for a bit before my genes inevitably kick in and require a double hip replacement etc in my 60-70s.....

ArcticSkewer · 07/12/2022 11:45

want - 50
already too late ....
so as close to 50 as possible

Badbadbunny · 07/12/2022 11:46

I've never worked anywhere with a pension scheme, so I've just been paying into a stakeholder pension as and when I can. No way can I afford to retire early. It'll have to be 67 at the earliest alongsider state pension, but I plan to carry on working on a part time basis whilst I can, just to bring in money to pay for luxuries such as holidays, car replacements, house repairs/improvements, etc. If I am well enough to go on a holiday, I'm well enough to work to pay for it.

FourChimneys · 07/12/2022 11:49

I run my own business which love, no plans to retire until I feel too old. It brings me into contact with lots of people from a wide variety of backgrounds, I would miss that more than the income.

AreOttersJustWetCats · 07/12/2022 12:00

FourChimneys · 07/12/2022 11:49

I run my own business which love, no plans to retire until I feel too old. It brings me into contact with lots of people from a wide variety of backgrounds, I would miss that more than the income.

Yes, contact with people from different backgrounds and of different ages is really important, I think. The people I know who have stayed interested and interesting in retirement (and who are healthier and more active as a result) are those who have maintained that contact, often though an interest in politics, volunteering, charity campaigning etc...

Jansobieski · 07/12/2022 12:01

I'm flexi retiring in february from 30 hours to 17 3/4.
I'm an NHS nurse since 1990 so almost 33 years service. I got long covid in Dec 2020 and would have preferred not to retire tbh but as I'm still not 100% I'm doing it now.
Physically it's a struggle, what with rotating onto nights constantly and just the daily grind of it all. I'm not senior either like a lot of nurses seem to be on MN. I guess having a more office based job would have enabled me to carry on longer. Attending meetings, shooting off emails is very different from nursing care.

Getabloominmoveon · 07/12/2022 12:01

Why do you want to retire? What will you do?
I am in my early sixties and have lots of friends same age who retired from early 50s onwards. Some of them have reinvented themselves (one is a photographer), others have passive income from rentals or AirBNB, which also keeps them busy as a sort of job, or grandparent responsibility. But there are a few who are really feeling the pinch with inflation, or regret giving up work so early as they feel aimless.

I like my job (and its salary) so don’t plan to leave yet. But when I do I want to be going towards something interesting and meaningful.

GratefulCheddar · 07/12/2022 12:01

I think we will both be retired by the time we are about 57. To be honest we could retire earlier but DH loves his bloody microscopes too much. They offered voluntary redundancy in 2021 but he was a bit too young, if they offer again when he is over 55 I will be encouraging him to take it.

RuthW · 07/12/2022 12:05
  1. I'm 54 now and love my job. With changes in the NHS it may not be the same in 13 years though.
Babyroobs · 07/12/2022 12:11

I'm hoping for 60 but that may not be realistic. It depends on dh's health and whether I can take my NHS pension at 60.