At what age do you plan to retire or

[alphaman]

have you retired, what age?

I'm 34 and in Law Enforcement. I gave 20 years to go god willing. Ill be 54 when hit 30 years. and plan on doing a year are 2 in the drop.

[Top Dawg]

81 or death. Which ever comes first.

[mriguy]

59.5 or whenever I win Powerball but of course I have never bought a ticket

[BIG-C]

45 now need to go until I'm 48 then I will hunt and fish for food!!!!

[meaux fishing]

I act like I'm retired does that count

[AubreyLaHaye458]

Probably never.


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[Cappy]

Well if you guys would pony up the 5 to buy our book I might be retired now. With a few good reviews it will start hitting the search engines and pay enough for us to write another.

[DannyI]

Retired at 60, now 66, but helping my daughter/son-n-law build another house, is tough!!!

[marty f]

51. Ill be 47 in a month just waiting to get one more through high school then ill be fishing the white and buffalo river...........

[meaux fishing]

Originally Posted by marty f

51. Ill be 47 in a month just waiting to get one more through high school then ill be fishing the white and buffalo river...........

And I'll be coming to visit you

[marty f]

Originally Posted by meaux fishing

And I'll be coming to visit you

Im actually up here NOW working on my house.
Thought about going fishing tomorrow but the rivers high and i need to seal and stain some more cedar beams and brush hog.........

[irokcj5]

I'm almost 52. I've put a minimum of 10% in 401k since age 32, and have been in the aggressive mode all these years. I am FAR from even thinking of retiring. The way I figure, I never will retire. With the oil field laying off like crazy, I'm not even sure I'll be employed by the end of the year. IF I could stay employed till 67 at same wage, savings rate, and same company match, I will have enough to semi-retire. I'll hopefully be able to do consulting enough to pay for health care. Happy for guys that can retire early, live out their dreams at a young age. They probably worked their @#$# off and reaped the fruits of their labors, and I know I'm not to envy, but DANG! I wish I could do the same thing.

[Southern Salt]

Hopefully in 2020 from the Air Force, in which I'll be 39. I just need to survive this deployment first

[irokcj5]

So how much do you think a family of 2 needs to have stashed away to live at their current standard of living?

I'm thinking a minimum of $2 million should give about $4,500/month to live off of, which is not much when you look at car insurance, healthcare, food costs, etc.

Don't want to know anyone's personal info, just what you think is needed for a husband and wife who say make 60k each per year which is pretty avg these days.

[irokcj5]

Originally Posted by Southern Salt

Hopefully in 2020 from the Air Force, in which I'll be 39. I just need to survive this deployment first

May God be with you friend. Thank you for your service.

[zimmer0]

Originally Posted by irokcj5

So how much do you think a family of 2 needs to have stashed away to live at their current standard of living?

I'm thinking a minimum of $2 million should give about $4,500/month to live off of, which is not much when you look at car insurance, healthcare, food costs, etc.

Don't want to know anyone's personal info, just what you think is needed for a husband and wife who say make 60k each per year which is pretty avg these days.

2mil with a safe withdrawal rate of 3%/yr will net you $60k/yr for 33yrs plus SS if its still around and if of age. Leaving money invested you could potentially have some leftover for an inheritance.

["W"]

15 more years to go and I'm done

Will have more than enough clients established guiding so I will not have to touch my retirement




But I could also die before that time so ... Live each day to the fullest

[meaux fishing]

Originally Posted by "W"

But I could also die before that time so ... Live each day to the fullest

exactly... I had a revelation around 10 years ago that chasing more money doesnt=happiness for me. So I decided to become a farmer, have a flexible schedule, enjoy life, and make less money. That being said, I have a Roth IRA I have been putting money in since I was 18

[meaux fishing]

Originally Posted by Southern Salt

Hopefully in 2020 from the Air Force, in which I'll be 39. I just need to survive this deployment first

Thank you for your service. My cousin just retired from the Air Force a couple of years ago and is living on the beach in Florida doing consulting work

[swamp snorkler]

I just made 38, I've been putting 10% into a 401k for 20 years. I'll probably retire at 65.

Originally Posted by Southern Salt

Hopefully in 2020 from the Air Force, in which I'll be 39. I just need to survive this deployment first

Thank you for your service, my best friend from HS has 8 months left..... I shold have followed him but the oilfield was booming at the time and I was chasing the $$$$.