The Retirement Thread
14 lurkers |
172 watchers
Nov 2020
10:01am, 19 Nov 2020
6,691 posts
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Eynsham Red
[Plans to adopt um’s model for retirement 😀] Even this morning (I’m currently furloughed) sitting in my PJs and dressing gown and drinking coffee, I feel that I should have got up earlier and be doing something. Guilt I guess, but guilt for what reason? |
Nov 2020
10:07am, 19 Nov 2020
49,874 posts
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Velociraptor
I expect to slip quite nicely into um's model of retirement. I found during my blissful period of partial retirement that I could pass long periods of time doing very little.
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Nov 2020
10:13am, 19 Nov 2020
4,716 posts
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Fizz :-)
I had four months of practise whilst furloughed this year. Loved it. My current intention is to retire at 55, or when I am made redundant, whichever comes first. Some part time work might be required as we are likely to still have a small mortgage at that point. |
Nov 2020
11:36am, 19 Nov 2020
18,591 posts
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GimmeMedals
I had no problems at all slipping into retirement from school leadership. I was more than ready for it as the daily stresses began to feel more of a burden than an exciting challenge. The freedoms that come with retirement and having no timetable are a blessing. Would it help if your OH made a list of things he will miss about working and things he is looking forward to doing in the time he will acquire. He could then maybe find something to do that fulfills the former, be it voluntary work or something new to do. |
Nov 2020
12:13pm, 19 Nov 2020
5,000 posts
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icemaiden
I don't normally dip in here but I give you Douglas Matthews, retired from being a librarian in 1993. Stopped being an indexer earlier this year, died recently aged 93. theguardian.com
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Nov 2020
12:51pm, 19 Nov 2020
22,295 posts
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TRO Saracen
Ran my own numbers, reckon I'm pressing the button age 55. Waiting till 60 would be a weathier retirement but I'll never get those 5 years back. You only get one of these life things, and going at 55 won't be 'poverty' by any stretch. As noted it's a choice that my kids won't get, I have a 22 year final salary pension to start at 55 if I want and we usually get offered a deal every year of around 15-18 months salary to go. I think over the last 6 months or so the 'jetting around the world' retirement has got less important hence the need to soldier on till 60 to fund it is no longer a necessity. We usually get the scheme around Feb to leave end March (or later by negotiation) so decision time in just over a year. If the scheme is generous I may go this Feb  There certainly won't be any fear. I attach no value to my 'status' at work, and looking back I've worked since 16. College and Uni I had Summer/Easter jobs to fund it (no idyllic summers inter-railing), no gap years and each of my changes in jobs has seen my end one on Friday and start the next on the following Monday. There's a stack of hobbies that have been sidelined waiting to be picked up, and I'm still competing as an Ironman triathlete and cycle time triallist. |
Nov 2020
1:13pm, 19 Nov 2020
10,475 posts
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Mandymoo
I have just worked out that i have 105 working days left till retirement - actually it is less then that as indidnt take into account time off already booked and bank Holidays. So that will bring it down to under 100 😁
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Nov 2020
2:00pm, 19 Nov 2020
31,703 posts
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LazyDaisy
OH did what your OH was planning, FDNB, ie going part-time for a few years before finishing completely. Speaking from my point of view, the most difficult thing was his coming to understand that I had already established a way of life I was very happy with, because I finished work completely two years before he went part-time. I hadn't been sitting around waiting for him to become 'available' so there was some re-adjustment on both sides needed there. It did help that we took on a 'project' of buying a seaside house, and that has very much given us a joint endeavour. It was that sense of a project, or a clear change from the working lifestyle, that made the transition easier. |
Nov 2020
2:01pm, 19 Nov 2020
46,057 posts
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Lip Gloss
Interesting reading everyone's take on easing into retirement. My OH is planning to retire in February and had a taster being on furlough for 5 months. He said he found it hard when the golf was closed so wonders what like winter months will be. Says can't wait to be able to golf when he wants. He is an electrician by trade so I'm sure he won't be short of jobs to do for family.
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Nov 2020
2:11pm, 19 Nov 2020
7,272 posts
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Fragile Do Not Bend
Yes, interesting to read everyone’s responses, thanks!
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CumbriAndy Useful Links
FE accepts no responsibility for external links. Or anything, really.- Money Helper
- How Much is Enough to Retire On?
- Retirement Living Standards
- How much will you need to retire?
- Free Govt website for pension advice
- SIPP pensions
- ISAs
- Check your National Insurance contributions
- Check your state pension account
- Martin Lewis on pensions
- Support and advice for those widowed under the age of 50
- Power of Attorney information
- Making the most of your retirement
- 20 tips for a happy retirement
- Married Couple's Allowance
- Aviva guide to retirement planning
- U3A
- U3A Local Sites - map
- Make a Power of Attorney
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