Realistically, when do you think you can retire?

My pension (smallish start Jan) and my SS (start 65 give or take maybe sooner) are just gravy, hobby money. I made sure I saved enough for this to be the case - but of course budget is just on paper, not in HI. Speaking of which my BIL's condo is under construction in Honolulu. Large enough they have a room set aside for wife and I!

 

After reading these posts and thinking about it, I need an expensive hobby. That would give me some goals, which it seems like I need to avoid retiring and being the neighborhood Kieth (male Karen I think).

 

Buy another Tacoma

 

A Raptor would be my choice if I liked flashy things.

 

I always thought "Kevin" would be the equivalent.

 

Sarcasm aside, a national well run, well funded pension plan would be amazing. Imagine being able to work a job you enjoyed your whole life instead of doing what you had to do to make the most money, and at retirement age, surprise, the pension you paid into now pays you a livable retirement wage!

I'll keep dreaming.

 

I could retire today if I wasn't going to live past next Wednesday...

 

And your age would be? Confused by I'll keep dreaming?

 

Stretch goal. Save some money and shoot for Thursday!

 

35

 

get your pilots license. i had to stop due to funds.

 

Or buy a boat.

 

Or one of those planes that lands on water!

 

Pretty sure he didn't say he wanted to go broke!!

 

ICON A5 would be sweeeeetttt

 

I'm 32. I started investing at age 26 and I've increased my percentage every year.

For those that retired very young, did you pay off your house first? I know I can get better returns from the market but part of me would rather pay off my house in 12-15 years instead of 30.

 

We paid ours off early. Like you, we knew we'd make better money not doing that, but the mental relief allowed us to be more risky investing knowing we would have a place to sleep.

I was still maxing out retirement funds before that point, so it was kind of moot in our minds.