Home Contact Us

ADVERTISEMENT

Depends - see msg

Posted: Feb 12th, 2020 - 7:38 pm In Reply to: Early retirement at 62. - MT

First, I see people saying they "retired," when they meant they were still working at least part-time, but were collecting SS Retirement benefits. So, just want to clear that up. Retiring means retired, no longer working, period. One can use partially retired. That works.

I fully retired (no working for pay) at age 62 and started collecting SS at that age. It has worked out fine for me. However, we have retirement savings we've been working on for 40 years.

If SS funds are THE ONLY income you are depending on, then you can't afford to fully retire. No room for a blip. I'm not saying stay in the MT biz, good gracious me....just saying something reliable part time in addition to your SS benefit.

It all sounds way to stressful to me if there's no room for an unexpected expense.

ADVERTISEMENT

Post A Reply Reply By Email Options

Use Rich Text Editor with Full Options CLOSE

Edit/Delete Message

Report this message

Complete Discussion Below: (

marks the location of current message within thread)

Early retirement at 62. - MT (Views: 747, 2020-02-12, 2:11 pm)
- I haven't reached 66 yet but I don't regret it at all. - It depends on your circumstances, (Views: 610, 2020-02-12, 2:16 pm)
  - Everything I've read is negative... - MT (Views: 746, 2020-02-12, 2:44 pm)
    - Exactly the same here: Burned out, sick of the BS of MT and - a check every month of the same amount SM (Views: 612, 2020-02-12, 6:46 pm)
      - As well as looking forward to blessed peace and quiet, not wearing - headset most of the day and sm (Views: 464, 2020-02-12, 8:22 pm)
      - If retiring early, make sure your income up to - the point you retire (Views: 677, 2020-02-13, 10:15 am)
    - For me it's been great. I went back and forth about taking - early retirement. People keep (Views: 481, 2020-02-13, 1:58 pm)
    - It's been a positive experience for me. I'm glad I did - it. :) (Views: 469, 2020-02-13, 1:59 pm)
- I took my SS at 63 because I had to. - Anon. SM (Views: 606, 2020-02-12, 3:09 pm)
- Depends - see msg
- Loving my life after retiring at 62 - Happy retiree (Views: 666, 2020-02-13, 8:50 am)
- I'm counting down the days to do this.... Sm - Eager one (Views: 552, 2020-02-13, 9:02 am)
- It's so tempting to chuck it - all away (Views: 499, 2020-02-13, 2:07 pm)
- Happy with decision for early retirement - Ex-KS (Views: 637, 2020-02-13, 8:52 pm)