Posted on 06/10/2015 7:37:19 AM PDT by shortstop
I’ve always felt retirement is an over rated concept.
The idea of staying home and watch day time television has never much appealed to me. Golf would get boring after a while.
I hope to work and be productive as long as I am breathing.
God willing.
**They worked til they died.**
Like in the gulags.
Yup. I'm planning on it.
Social Security, AKA, FICA or Federal Insurance Contribution Act. Social Security is also known as Old-Age and Survivors Insurance (OASI), although retirement and survivors’ benefits are only a portion of the SSA’s obligations.
It was never originally intended to be a ‘retirement plan’..................
I am 55 and would like to semi-retire at 62.
What will I do?
-My employer has 2 day a week positions, summers off. Take one of those positions.
-Be a docent at a local museum, couple days a month.
-Golf once a week.
-Travel. There are a lot of places on my bucket list I would like to see. Australia, large chunks of South America and a couple more places in Asia. Need to get them knocked out while I am able.
-Do some medical mission work.
-By then good Lord willing, I will have grandkids. Since the kids are scattered all over the country I would like to visit them, a lot.
I am 69 years old. I will retire when I am physically unable to leave the hospice. My SS is insufficient to do anything beyond play on the computer and that gets old.
It depends on what sort of work you do.
If someone has been doing physically demanding work, such as construction labor, it gets more difficult to keep up with the physical demands of the job as people get older.
On the other hand, if someone has a desk job, that person can continue long past the traditional retirement age.
Working Retirement - is now what it's all about. Go from a job to doing something you love to do.
RE: SHOULD WE RETIRE RETIREMENT?
The problem is not really retirement, the problem is AGEISM.
A large number of businesses and companies will FORCE you to retire vias layoffs, replacement, or some other means when you reach a certain age.
And very few businesses will hire you even if you are strong enough and willing to continue working.
I am happy to now have ALL of my time available for working for the betterment of my fam rather than being forced to slave away 40% of my working time for the benefit of the govt. I’m still a big net taxpayer, but my time is my own.
I still work a few hours a week for exercise.
I'm not wealthy but have a comfortable retirement.
I would like to do a lot more traveling in my golden years.
But travel is very expensive.
One more reason why I want to continue working for as long as possible.
I would like to take longer vacations when I get older.
***Thats when Social Security came about.***
At that time normal life expectancy for a man was about 57 years, and a woman 64. That means most would never reach retirement and the system would not be stressed.
Then came Penicillin.
In 1964, the government said this...
http://www.socialsecurity.gov/history/ssa/usa1964-2.html
Self-Supporting
“The program is designed so that contributions plus interest on the investments of the social security trust funds will be sufficient to meet all of the costs of benefits and administration, now and into the indefinite future—without any subsidy from the general funds of the Government.
Both the Congress and the Executive Branch, regardless of political party in power, have scrupulously provided in advance for full financing of all liberalizations in the program.”
And HERE is where your money went. Read and weep.
http://www.socialsecurity.gov/OACT/ProgData/fundFAQ.html#n4
I am. Been retired over 20 years and livin' the dream. Of course I worked steadily all my teen and adult life and had the sense to squirrel away enough nuts for this season. Following Dinah's advice to,"See the USA in my Chevrolet" I am never bored.
I have been retired for 20 years. I have held my retirement job as long as I did my real job
Having pared my client list, I work on average on two days per week.
On two other days I either paddle my kayak or go swimming for exercise. I spend too much time either arguing or agreeing with FReepers. The writing keeps my mind fit.
When I first retired, I walked every day to the post office to get the mail for my new very small business. I met a down the street neighbor one day that mowed his yard twice a week. One day he told me he was accustomed to going to work at his engineer job and being told what to do. Now he was at home and had no one to tell him what to do and he didn’t know what to do so he mowed his yard.
That was perhaps the saddest tale I ever heard.
I wish that the do-gooders would don make up to look like 65 year olds and then try and get a job. The medical benefit rules never helped, and Obamacare has made it worse.
Quite true.
It depends on what you do and if you like what you do.
And I do.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.