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09-02-2023, 11:25 PM | #1 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 7,752
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well, my just over 50 years of work comes to an end tomorrow. I am officially retiring.
Might have to spend more time on FF Intend to travel a bit, muck about with some cars and not sure what else (my wife and some friends are encouraging me to take up lawn bowls) Might find some cash in hand part time work in a different field just to keep the wallet a little fuller
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I reserve the right to arm bears
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09-02-2023, 11:36 PM | #2 | ||
Bolt Nerd
Join Date: Jan 2005
Location: Ojochal, Costa Rica (Pura Vida!)
Posts: 14,820
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Welcome to the club Trev….
Cashies are far and few between I’ve found. Get out and see the world is the go! It’s tick tock tick tock from here on
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Current vehicles.. Yamaha Rhino UTV, SWB 4L TJ Jeep, and boring Lhd RAV4 Bionic BF F6... UPDATE: Replaced by Shiro White 370z 7A Roadster. SOLD Workhack: FG Silhouette XR50 Turbo ute (11.63@127.44mph) SOLD 2 wheels.. 2015 103ci HD Wideglide.. SOLD SOLD THE LOT, Voted with our feet and relocated to COSTA RICA for some Pura Vida! (Ex Blood Orange #023 FPV Pursuit owner : ) |
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10-02-2023, 12:46 AM | #3 | |||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 7,752
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Quote:
got a bit of the planned this year, overseas and local
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I reserve the right to arm bears
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09-02-2023, 11:53 PM | #4 | |||
#neuteredlyfe
Join Date: Apr 2012
Posts: 10,625
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Quote:
Some people I know who have retired have said that they didn't know how they ever fitted going to work into their schedule. |
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10-02-2023, 12:48 AM | #6 | |||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 7,752
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Quote:
I hope that is the case, or I could turn into a pest here lol
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10-02-2023, 03:20 AM | #7 | ||
Moderator
Join Date: Jan 2014
Location: Melbourne
Posts: 7,940
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Congratulations Trev, and I am sure you will enjoy the benefits that come with retirement as you start to whine down after all your hard-working years!
I semi-retired 4 years ago and intend to fully retire in another 3 years. I reached a stage in my life when I realised that I was going to more funerals than weddings or birth reveals, as friends my age started dying well before their time. I also wanted more of a "work-life balance", after working many years in the corporate world with long hours. The most important words of wisdom I learned from my father... "You come into this world with nothing... During your time here, whatever you achieve, own or may lose does not matter in the end... As you will also leave this world with nothing". "Just appreciate what you have, enjoy the ride, and cherish those close to you". Life is short and all of us only get "so many trips around the sun!" Enjoy retirement! |
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10-02-2023, 12:46 AM | #8 | ||
FF.Com.Au Hardcore
Join Date: Oct 2014
Location: Newcastle
Posts: 1,790
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Enjoy retirement Trev.
I am not there so cannot give any pearls of wisdom. But without the pressures of work and having to provide and support a family-one would seem to be off to a good start to enjoy the new chapter.
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Ford Rides: Ford Fiesta ST Mk 8 -daily- closest thing to a go kart on road for under 50K FG X XR8 smoke manual - Miami hand built masterpiece by David Winter, BMC Filter, JLT Oil separators, Street Fighter Intercooler Stage 2, crushed ball, running 15% E85 and 85% 98- weekender |
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10-02-2023, 12:47 AM | #9 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 7,752
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Not sure how long the Super will last before I start digging into all those taxes I have pad in the last 50+ years
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I reserve the right to arm bears
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11-02-2023, 09:57 AM | #10 | ||
FF.Com.Au Hardcore
Join Date: Jul 2012
Posts: 3,878
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10-02-2023, 07:45 AM | #11 | ||
FF.Com.Au Hardcore
Join Date: Apr 2009
Posts: 781
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21 years ago my employer decided that the position I held was no longer needed and offered very attractive redundancy packages to employees who "volunteered" to separate. I mentioned this to our accountant who commented that he had read a report "That for each year below 65 years that you retire you add 2 years to your life span"
A couple of calculations that showed the redundancy monies would earn more than the difference in super that early retirement would cost sealed the deal!! Congratulations Trev - welcome to the club - enjoy the freedom or not having to worry about what the employer or client might want. Good luck Cheers
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10-02-2023, 08:25 AM | #12 | ||
FF.Com.Au Hardcore
Join Date: Apr 2012
Location: Taromeo
Posts: 10,584
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10 years ago I did the same thing.
There's times when I think how did I find the time to work and there's others when I think about something that needs to be done and next week is the right answer. It can take a bit of getting used to but pretty soon you see everyone else going off to work and you just smile! Enjoy it. |
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10-02-2023, 08:36 AM | #13 | ||
If it ain't broke........
Join Date: Dec 2007
Location: Sunshine Coast Qld
Posts: 18,715
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Retired early 14 months ago. Same as the old man. He got 35 years in retirement, must of been good for him. Not missing a thing. Best decision ever..........
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10-02-2023, 10:59 AM | #14 | ||
FF.Com.Au Hardcore
Join Date: Sep 2014
Location: A.C.T
Posts: 1,606
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Same here, I retired in 2019, had enough.have an exceptionally good super(PSS) Golden nest egg! Best scheme out there being a defined benefits.Stuff working anymore! Best decision ever.
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10-02-2023, 09:44 AM | #15 | ||
FF.Com.Au Hardcore
Join Date: Feb 2005
Posts: 5,070
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I know there's plenty of articles on how much money you need in your super when you reach retirement age, but are there any calculators for working out how much you need before you get to retirement age? We're closing our business over the next year or so, and I'm wondering if there'll be enough to get us through.
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10-02-2023, 10:46 AM | #16 | |||
If it ain't broke........
Join Date: Dec 2007
Location: Sunshine Coast Qld
Posts: 18,715
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Quote:
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10-02-2023, 09:50 AM | #17 | ||
FF.Com.Au Hardcore
Join Date: Jul 2005
Location: Melbourne
Posts: 6,918
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Congrats Trev.
A tip from someone who is still way off, but have to constantly deal with two retirees.......keep yourself busy and don't drive your kids up the wall
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~~~~~~~~~~~~~~ Rides (past and present) Current: 2004 Ford Falcon 5.4L 3v Barra 220, Manual Past: Mitsubishi Sigma (m), Toyota Seca (m), Toyota Seca SX (m), Toyota Vienta V6 (m), Toyota Soarer 4L v8 (a), BA XR8 ute (m), T3 TE50 (m), BMW Z4 (m) AFF motto - If contrary views trigger, please use ignore button. |
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10-02-2023, 09:57 AM | #18 | ||
FG XR6 Ute & Sedan
Join Date: Oct 2006
Location: Bibra Lake WA
Posts: 23,386
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I've been retired since April 2014. As a retired FCPA and Economist I get lots of well paying short term job offers but I really have no interest at all. The getting old is good, and much better than the alternative, but its the advancing physical decrepitness (mostly painful psoriatic arthritis) and associated lack of sleep that I find increasingly hard to take.
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regards Blue |
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10-02-2023, 10:17 AM | #19 | ||
FF.Com.Au Hardcore
Join Date: Jun 2011
Location: Pt Lincoln far side South Oz
Posts: 5,842
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if you live in rural areas there are friends contacts that can get you quick jobs. Don't be like me take on a volunteer and finish up working your Asse off part time.
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Dont p i s s off older people. At our age the term Life in Prison is not a deterrent |
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10-02-2023, 01:03 PM | #20 | ||
Experienced Member
Join Date: Sep 2006
Location: Australasia
Posts: 7,660
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Good on you Trevor, I wish you well in your retirement, if you start getting bored you know what you need to do.
Cheers & all the best. PS: Hmmm I've always wanted to retire early but now I don't, I want to work beyond retirement years......decisions... decisions Last edited by Itsme; 10-02-2023 at 01:09 PM. |
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10-02-2023, 08:01 PM | #21 | ||
FF.Com.Au Hardcore
Join Date: Aug 2019
Location: Goulburn NSW
Posts: 513
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those who have already retired good on you!
Well guy's in 3 years iam also hopefully going to be in Retirement. I will be by then 67 years old and because i love driving and photography i can mix those two things and take off in the car and my camera perfect Holiday. I may even take my wife only if she asked nicely. |
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11-02-2023, 06:18 AM | #22 | |||
FF.Com.Au Hardcore
Join Date: Jul 2005
Location: Melbourne
Posts: 6,918
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Quote:
There is no rule book to say you have to retire when you have enough $$$, but it must be a bloody good feeling to know you don't have to work if you don't want to.
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~~~~~~~~~~~~~~ Rides (past and present) Current: 2004 Ford Falcon 5.4L 3v Barra 220, Manual Past: Mitsubishi Sigma (m), Toyota Seca (m), Toyota Seca SX (m), Toyota Vienta V6 (m), Toyota Soarer 4L v8 (a), BA XR8 ute (m), T3 TE50 (m), BMW Z4 (m) AFF motto - If contrary views trigger, please use ignore button. Last edited by T3rminator; 11-02-2023 at 06:37 AM. |
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11-02-2023, 09:17 AM | #23 | ||
If it ain't broke........
Join Date: Dec 2007
Location: Sunshine Coast Qld
Posts: 18,715
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That's the biggie. And you have so many options if in that position...........
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11-02-2023, 12:36 PM | #24 | |||
Experienced Member
Join Date: Sep 2006
Location: Australasia
Posts: 7,660
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Quote:
I guess I've been lucky for the last 30 years in my present job, I always have 1 or 2 days attached to the weekends where I don't work at all. Guess you can say I've been semi-retired in a sense with full time pay, now you know why I'm not in a hurry to retire. You actually hit it on the head by having a meaningful purpose, I easily get bored with myself even though I have numerous hobbies, I guess I like the challenges from my job and the great rapport of co-workers I associate with. As stated, decisions ... decisions, this will be my 51st year of working and I can officially retire. Decisions.....decisions as to what to do. |
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11-02-2023, 12:39 PM | #25 | |||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 7,752
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Quote:
I started my 51st year last November, I got 'asked' to leave school in November 1972
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11-02-2023, 08:20 PM | #26 | ||
FF.Com.Au Hardcore
Join Date: Feb 2005
Posts: 5,070
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There's no reason that purpose has to be work. Take up a hobby that you want to excel at. Without work in the way, you'll have plenty of time to work on it.
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12-02-2023, 10:24 AM | #27 | |||
FF.Com.Au Hardcore
Join Date: Jul 2005
Location: Melbourne
Posts: 6,918
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Quote:
I'm not banking on the pension system to be there when I retire. I think its going to look very different in 20-30 years time. I'm only guessing, but I think at work he felt needed and valued. Like if he didn't do the job, there were consequences. Personally, I think volunteer work is a good option, but some of the activities can be quite tedious.
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~~~~~~~~~~~~~~ Rides (past and present) Current: 2004 Ford Falcon 5.4L 3v Barra 220, Manual Past: Mitsubishi Sigma (m), Toyota Seca (m), Toyota Seca SX (m), Toyota Vienta V6 (m), Toyota Soarer 4L v8 (a), BA XR8 ute (m), T3 TE50 (m), BMW Z4 (m) AFF motto - If contrary views trigger, please use ignore button. |
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12-02-2023, 12:27 PM | #28 | |||
If it ain't broke........
Join Date: Dec 2007
Location: Sunshine Coast Qld
Posts: 18,715
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Quote:
And went back to work Something wrong with him............
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13-02-2023, 01:19 PM | #29 | |||
T3/Sprint8
Join Date: Jan 2005
Location: Australia
Posts: 16,550
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Quote:
Observations some people retirement just doesn't suit them others fall into it like a glove as they say. Being a average hack golfer who knows his limitations - I'd say the bloke just found it too hard and thought s tuff this I'm better off back at work. Whereas many say, your worst day at golf is still better than being in the office. I also understand if in retirement, I couldn't bare playing 2/3times a week, like "bowlers" as well, for it would drive me nuts. When IF the time comes soon I plan to step off the business rat race I sure will still need some kind of work/business stimulous - the mention earlier of helping out with Salvo or charity/soup kitchens etc assistance is appealing. Anyway all the best Trevor57, it sure bares challengers ahead and adjusting but I'm sure you'll end up ok mixed with your driving hols etc and sit back and think, WGAF this is life now knocking back a ale or 6.
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