What age do you think you will retire by?

[SleepDreamThinkHuge]

I am close to 30 and I have read reports during my time retirement age could easily reach 75. Currently have no savings, investments or pension contributions due to needing money for unexpected circumstances. Gaining experience in the public sector now it things go well and I can progress hopefully a better salary in the next few years which should help me save more and invest my money. Realistically the latest I would like to stop working full time is by 60-65. I do not mind working part time after 65. However that depends how much I can save, salary progression etc..

When do you think you can realistically fully retire by or work part time only?

I did.

I have £0

Both of my grandfathers retired early and declined quickly, died young. My father's still working at 75 (although as a mad inventor) and is in great health.

I wouldn't be in so much of a rush if I was you.

iea.org.uk/in-the-media/press-release/retirement-causes-a-major-decline-in-physical-and-mental-health-new-resea/

Well my Dad retired at 55 & had a great retirement until he died at 92. My Mum is 90 & retired at 60. They both spent many years enjoying holidays, hobbies etc, so I hope to do the same. I’m not working if I don’t have to!

I hope they raise it. I can't afford to retire EVER.

I reckon it'll be at least 70 but that's if I can afford it.
My MIL is still working full time in a school in her 70s. My dad has just retired at 65 because he couldn't take anymore of the hassle in his job.

I'm hoping 60 at the latest.

I'm early 40s, have been paying into one pension for 20 years and a work one for 15 years. Mortgage has been gone for a couple of years and husband is in a similarly good position.

Unfortunately I don't think I will live to retire. Call me whacky if you like but I just have a feeling how my life will pan out. I'm not depressed either before anyone suggests it.

My priority is saving enough money for my children to be able to inherit something and perhaps give them a leap ahead.

328. I don't think I'll get to retire. I'll probably drop dead one day.

I have no intention of retiring until I am unable to work.
Unless you have loads of money I can't see the reason to want to.

That's a little sad

Very sad post

That's sad. Some of us have jobs that mean a lot and give us lots of enrichment.

Based on current trajectory I hope to go part time at 55 and then work 3 days a week until 65. DH would be 61 when I go part time (he’s already part time for kid related reasons) and so we would be part time together with him retiring before I do.

Op, you’re young enough to plan this now. I’m 54 and I aim to retire at 60, if my health holds up till then and if I can take the stopping working.

I am 51. I will probably slow down from my quite stressful job by the time I'm 60, maybe retire fully at 65.

I will retire at 67 or whatever age the state pension is after they keep moving the goalposts.

I definitely don’t want to be WFH until then though, it’s so isolating for me. I’m so independent & love my own company but I’m struggling with it.

I’m thinking in another 10 years I will get a job as a dinner lady!

In 3 years I'll be 55 and it's the year my 4 mortgages will end. That's 40k that will come in rather than go to the mortgage so in theory I could retire then. But I want to make C level first. And DH is about 8 years off official pension age. So I guess another 8 years which gets all 4 kids through Uni. Just. I always assumed there'd be no pension for me so made alternate provision.

Me and my DH hope to retire around 60, 65 max. We have one rental property (will be paid in full by then and will generate us income), should have another two by then (properties we own but family members live in FOC or very low rent), and we invest heavily in private pensions currently to give us some future return as husband is a high earner. Also plan to downsize and get a much smaller property once kids move out etc.

That's the rough plan but who knows what the future holds.

@Bigminnie1

I reckon 67. I am 51. Thank god I quit teaching last year and now have a wonderful desk based/hybrid job that I love

What job have you moved into?

@kitcat15

That sounds awful. Was it on a big scale like Philip Green & the likes of him who raided pension funds?

See if you can pay in for the missed years. At least you may have a chance of getting full state pension.

I am now a project manager for an education charity. It's bliss! I was a part- time teacher so easier to move as I didn't need to drop pay- actually got a few grand pay rise but I am now full- time. Doing a ton less work than when I was part- time teacher and a millionth of the stress.

I plan to mostly retire at 60 using a very part time job, investments and possibly downsizing our house to tide me over for approx. 10 years until I can access my local government pension (currently 68 but will likely go up). This all hinges on mortgage being paid off before I'm 45.

62 I'm 59 now and have a ds who is 14.

He'll head off to whatever career he chooses in 3 and a half years. My mortgage finishes in three years.

I'll resign then, have a couple of months off and then find something part time.

I've been paying into a pension since 22, so hopefully, that should work, plus I can downsize the house and move away from the south east. We won't starve.

I hope to go part time in an easy job at 60 & will get a small part of teachers pension. Will get full teachers pension at 67 along with state pension. I can't see me having the energy after 60 to be in a classroom all day.

I think it's going to be harder for young people nowadays. Mortgages will be 35 years I reckon. Our house will be paid off mid 50s. So that will make things easier.

Is it realistic for people today to be able to retire? Tbh I don't know if I'll be able to or not.

@Bigminnie1 sounds good. It's nice to hear of jobs outside classroom that are available.