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"Don Dando" wrote in message igy.com...
I failed to mention that I bought several industrial upholstery sewing machines and I'm learning to do the seats in the boats I restore. Having time to do those things you always want to "get around to" is great! Don Dando And there in lies my problem. I am under 50, have a few simple things but am "retired" into doing my hobby, as is my wife. Between the two of us we pay the bills. My dad was a master finish carpenter when he came out of WW2. A few years later he decided to take a "safe" union job at a warehouse. He always thought that he would retire after raising his family and continue his love, carpentry. Well by the time he retired he was a good two decades into Parkinsons disease, needless to say I now have his shop and tools as he can not use them. Many years ago we decided that life is short, you gotta do what you love, there can be no compromise. It aint easy, but it's all good... Scotty "Don Dando" wrote in message gy.com... I looked at my family death history and made a wild speculation based on the family attributes how long statistically I might expect to live. When I amassed the "toys" that I wanted to enjoy during retirement, when I turned 62, and when I had all the fun at TWA I could stand after 40 years, I retired. I made a few initial mistakes by accepting 40-50 hr per week jobs here and there and amassed a few additional "toys" at the cost of enjoying my retirement. I did this for the first three years. On year 4 I spent a lot of time at our home at Lake of the Ozarks, worked at a local business when I needed "mad money" or when they got in a pinch for help and find this works much better. I've out lived most family members by 10-15 years, am having a ball doing what I enjoy, custom cabinet making for customers, restoring classic wood boats for customers, restoring antique outboards, home maintenance and all of it is on a "when I get around to it schedule"! I also maintain the hardware and software at the local cabinet shop for their computer controlled wood working equipment. I have been known to take a mid-day nap now and then! God has been good to me in spire of myself! I could not have planned it this good! Don Dando "RG" wrote in message ... Since I've been retired for five years now, I feel I can partially answer your question... The best "time to retire" phrase that I've heard is ""When you HAVE enough, and have HAD enough" it is time to retire. This was spoken only a few weeks ago by a neighbor who is retiring TODAY. After a successful 35 years with a major oil company...he has, apparently, "had enough and has enough". Don't retire unless your job is done. By done, I mean that you have accomplished all of whatever it is that made you go to work everyday all those years. Don't retire just because "it is the thing to do". Don't retire because you "think you have enough"...because you will spend the next five years worrying whether or not you actually DO have enough. I said I'd write a book on the topic after I retired....but I'm too busy enjoying retirement to do that! I spent the last 20 + years of my working career as an investment broker who worked almost exclusively with retired and retiring clients in the Houston area. I play golf with a bunch of them weekly now. A few things that I cautioned them about were... 1. In the first two years after retirement, you will spend MORE than you expected to. 2. After the first few years, your spending may well slow down to the dollar amount than you actually hoped/expected to spend. 3. You won't be bored unless you work at being bored. 99% of my clients would tell me, one year after retirement, that "They didn't know how they ever had time to go to work, they are so busy". There are a zillion things out there to do, from fishing; golfing; computers; church work; meals-on-wheels; travel; bowling; grandkids; home repairs ( ugghhh); working on your boat ( yea! )...and on and on and on. I guess I COULD write the book on it, I have so many stories to tell, about successful and unsuccessful retirees. RichG "Bill Kiene" wrote in message ... Hi All, I was wondering how many people here are retired? Any words of wisdom about preparing for retirement from the older retired crowd? I want to retire so I can go boating more often. -- Bill Kiene Kiene's Fly Shop Sacramento, CA, USA www.kiene.com |
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