Who is Retired, How old were you when you stopped working ?

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MongGrel

Lifer
Dec 3, 2013
38,466
3,067
121
54 and been dumped on by a few companies from outsourcing over time.

I'll probably just call it a day soon, even with savings.

*shrug*
 

Exterous

Super Moderator
Jun 20, 2006
20,585
3,796
126
Many people underestimate just how much they need to retire. I'm currently reading a book titled "The 10X Rule." You need to earn 10X what you're currently making to secure yourself from anything that may happen to you.

Your expected expenses matter more than your earnings when figuring out how much you need to retire. But I think that would require people to think too much so its easier to distill it down to a less valuable X times your income
 

pcgeek11

Lifer
Jun 12, 2005
22,387
5,003
136
Retired from the the Navy in 93. Plan on retiring from my second career in about 7 more years.