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What age did/will your parents retire and what age do you plan to?

55 replies

Snog · 29/03/2014 07:35

My dad retired at 64 and my mum at 50.
I would like to retire by 60 but 70 might be more likelyShock

OP posts:
HappyCria · 29/03/2014 09:54

I don't think any of us know what the future will hold for us fitness wise. My Granny still does the highland cross most years which is a 20 mile walk/run and a 30 mile cycle. Like I said I'm in my late 20's and I couldn't do it that is probably because I'm just to lazy

I don't think people should be written off once they reach 70 as being too old.

On the flip side at any point in your life you can become not fit enough to do a physically demanding job. My fil got arthritis in his early 40's it affected him and his ability to do his job greatly and to my dh's mind caused his father's premature death.

We all just need to take each year as it comes and hope for the best no one knows what life has in store for us.

Tommy · 29/03/2014 09:55

my Dad was 50 and took early retirement and ran his own self financing hobby business.

My mum is now 75 and is stepping down from local politics in a few weeks.

I think I'd like a happy compromise between the 2!

Pagwatch · 29/03/2014 10:00

My dad was still working when he died at 74. My mum worked until she was late 60s.
My in laws were teachers and stopped working in the early 50s.
I don't work. Dh is on gardening leave for 18months and is deciding if he will retire or work again. He is 46.

Grennie · 29/03/2014 10:02

I think there are a LOT of very wealthy people here. Retire at 46?

ishesingle · 29/03/2014 10:05

Mum is 68 and still working. Dad is 67 and retired but does part time consulting. I'm a teacher so if Mr Gove has his way I'll work until at least 70 Confused

Meow75 · 29/03/2014 10:08

My dad retired when he was 60 last May. Cancer got my mum at 45. Confused

Stepmum will be 60 on April 1st and will officially retire but she's always been all about small self employment enterprises anyway.

Me?! Well, I resigned from 15 yrs of teaching on 31/12/2013. Still job hunting, not going so well actually. I'll be 39 in October. ConfusedConfused

yorkshirepuddings · 29/03/2014 10:09

Both retired before they were 50. They have a great life. Lots of volunteering, socialising, hobbies and time to care for kids and grandkids. Obviously have enough money (sold their business) to enjoy life.

It will be a different story for me and my siblings.

ethelb · 29/03/2014 10:11

My parents are in their 50s and still working and always have done (my mother had 3 month mat leaves). My mother will work until she is 67 I imagine, as that is when her teacher pension will pay out. My father says he will always work a bit. He is 60 this year and has no plans to stop. To be honest they can't afford to as mortgage isn't paid off.

MrTumblesBavarianFanbase · 29/03/2014 10:17

My mum retired at 55 - even before that she had gone part time (pretty much as soon as her last child left home, she worked full time while we were growing up) Confused My dad is 70 and officially retired at 65, but actually totally avoided stopping working and probably never will, he still does some hours every day, even though he is in poor physical health, and wouldn't know what to do or who he was if he didn't work - they don't need the money, they have very healthy professional pensions.

CalamityJones · 29/03/2014 10:19

My father was still working on the day he died - literally, he died in his office. I think if he had a choice, that would be the way he would want to go. He was 72 and he was lucky enough to work from choice - he retired at one point but found it dull and felt like his brain was atrophying , so went back to work in a very senior position, great wage, lots of kudos. My mum stopped working in her mid 40s and was equally happy with that. I'd quite like to retire now (late 30s) but unless dh pulls his finger out and makes his business massively successful and us fabulously wealthy, I think it's more likely to be early 60s.

TheCrackFox · 29/03/2014 10:24

My mum retired at 66 and my dad at 65yrs.

My MIL retired at 50 and PIL at 57 and TBH it has prematurely aged them - spending 30yrs pottering addles the brain.

AtSea1979 · 29/03/2014 10:29

My mum retired at 50 due to ill health and my dad took voluntary redundancy and his pension at 50 too.

EBearhug · 29/03/2014 12:02

They both died before they reached retirement (8 years apart.) I think (having settled their estates and basically only having enough to cover funeral expenses,) they'd have had a pretty poverty-stricken retirement if they had lived that long. I worry about my own retirement (which is around 25 years away, and my sister is likely to be even worse off.

foxdongle · 29/03/2014 18:27

mum-55
dad- 59 was made redundant and decided to retire
glad they both retired then as they were able to have a lot of holidays together and good times , they are almost 80 now and not that able anymore :(

mil was 66 and fil was 60(redundant) they had almost no pension provision, so had to work later but luckily had saved loads.

we have planned to retire aged 55.

LRDtheFeministDragon · 29/03/2014 18:34

Dad is retiring in May, when he'll be 65 - but he's planning to do bits of stuff part time. Mum works part time with no plans of stopping (and her mum was working part time up to about six months before she died, aged 84).

At this stage I feel as if, if I could get into the job I want I'd love to keep on going as I know someone over 90 who's still doing bits of work, but I might change my mind if I actually do it! Grin

heisenberg999 · 29/03/2014 18:37

I hope I never stop working. I feel I need 10 lifetimes to complete everything I want to work wise. I will be one of those if Im forced to leave I will volunteer for a 100 projects for free. Cant think of anything more depressing than stopping working.

Ludways · 29/03/2014 18:42

My dad retired at 58, my mam retired at 57. I hope to retire in my 60's, I don't want to finish in my 50's if I can help it.

Badvoc · 29/03/2014 18:45

My mum retired through ill health at 60.
My dad was still working ft when he died last year at 67.
No idea when dh will retire.

Taffeta · 29/03/2014 18:48

My Dad stopped working for himself around 55. My Mum is 77 this year and still working, freelance.

Snog · 30/03/2014 09:06

Heisenberg I would love to feel that way about work! What field of work are you in?

OP posts:
heisenberg999 · 30/03/2014 10:28

Im just about to go in to social work, but I have done allsorts. I enjoy working and sense of achievement, but its my personality Im always doing 100s of things at once.

Preciousbane · 30/03/2014 11:29

This reply has been deleted

Message withdrawn at poster's request.

Sunnymeg · 30/03/2014 15:53

Mum stopped working the day before her wedding day when she was 27. Dad retired at 59 (officially at 60, but saved up annual leave and went early). I retired on ill health grounds at 37. DH is 54 and looking to keep his job for as long as he can, but realistically in his line of work he is well past his sell by date. We presume when he does get made redundant he will be extremely lucky to get another job and if he does so the salary will be a lot less.

Turquoisetamborine · 30/03/2014 20:13

My mam is 59 and still working. She could retire now if she wanted but wants to keep on working as she loves her job. She will probably retire at 63. Dad was 57 from teaching.

I'm on course for 68 at worst possible scenario but if we have any inheritances we should manage it by 60. Our mortgage is likely to be paid off by the time we are 50 so this gives us time to save up a decent nest egg for a few years. I'm 34 and H is 33.

My plan is to have a sizeable deposit for son's first house so he isn't working til he drops if he's careful.

goingmadinthecountry · 30/03/2014 23:59

My dad still does the odd bit of paid work at 85. Love him to bits. Mum worked up to her 60s then she got ill. I'm 50 and feel far from grown up yet. Returned to proper work only quite recently after a very stretched out time having children so I'm far from bored with it yet. Have no set age I plan to give up. Would love to have flexibility when I'm older though for weekends away, lunch out etc.

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