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Has anybody retired young (under 50) and stayed retired?

Discussion in 'Living Room' started by moyjos, 12th Nov, 2015.

  1. moyjos

    moyjos Well-Known Member

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    So as to not derail the Quit threads, here is my question.

    Have you (or do you know someone) who has retired young and stayed retired? If so what do you do?

    There have been a couple of cases on SS where people had retired and then retrained in a different area and gone back to work. I don't think our society is set up for "young" retirees.

    I am sure there is only so much fishing, gardening, exercise you can do in a week.

    Let's hear some stories
     
  2. cheekykoon

    cheekykoon Well-Known Member

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    Do you have dreams?
     
  3. Lizzie

    Lizzie Well-Known Member

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    I'm with you Mojos - every so often we think it would be lovely to sell up and move to the beach - swim, surf all day ... which would be fantastic - for about a month.
     
  4. Mumbai

    Mumbai Well-Known Member

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    Who cares about what society thinks? Do what you like/love if you have money to do it. You would never get bored if you do what you like.
     
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  5. ellejay

    ellejay Well-Known Member

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    I'm about to test it out but in truth I think about three months at a time of being retired would be enough. I'm lucky as my career gives a lot of options for short term casual/locum work and I think that's the way I'll go personally. It means I can do all the stuff I want for as long as I want, and working in between will top up finances and give me more of an appreciation of the free time when it comes. We've got a few ips to manage but that wouldn't take up much time really.
     
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  6. Xenia

    Xenia Adelaide Property Manager Business Member

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    I'm going to work hard into my 80s and 90s I never want to retire. Most of the people I admire work hard in their old age.

    Building businesses, developing real estate, growing as a person is so much more attractive to me than lawn bowling and fishing and popping pills all day lol
     
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  7. Biz

    Biz Well-Known Member

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    To answer your question No, I don't know anyone personally who has done it but I think it is totally possible provided you don't have kids. If you have kids life is a lot more expensive and you're pretty much bound to the day in day out routine of school and providing for them until they are at least independent.

    I know old mate @D.T. will be along shortly to tell us that is another reason not to produce more fail spawn. :p
     
  8. moyjos

    moyjos Well-Known Member

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    Me too :) I am happy doing what I do. At some point we will hit the road and travel Australia.
     
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  9. twobobsworth

    twobobsworth Well-Known Member

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    I know someone who works for a government department. Good as retired. 8 weeks annual leave per year, 12 hour shifts with only half that time spent doing work. Living the dream.
     
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  10. Joshwaaaa

    Joshwaaaa Well-Known Member

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    My partners dad got a huge payout during takeover of a company he was state manager, he retired in his 40's and took up drinking as a full time job. Now in his very late 50's he cleans the local pub just for something to do, no more drinking the doctor has told him.

    Atleast has all the time in the world for his grand kids, which I dont think he would change that
     
    Last edited: 12th Nov, 2015
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  11. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    I know a few including someone that retired at about 35. For the the past 7 years or so he has remained retired. He did it by living supercheap.
     
  12. Biz

    Biz Well-Known Member

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    I'm just under that age, I could probably do it now and be on 70k a year with extremely minimal work (2-4 hours a week) but......dem kids.. and dat lvr...
     
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  13. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    Just a few more years perhaps? Could you take some mini retirements instead?
     
  14. Bargain Hunter

    Bargain Hunter Well-Known Member

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    Still going strong after two months :rolleyes:
     
  15. Biz

    Biz Well-Known Member

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    I really have no idea what I would do with myself every day.
     
  16. Bargain Hunter

    Bargain Hunter Well-Known Member

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    For starters go shopping for a new phone, the one you've got is sooo 80's
     
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  17. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    Not a personal comment................

    But this is exactly why the vast majority choose not to exit the Hen house early.

    if one doesnt have a dream pulling them or a nightmare pushing them, humans have much less need to overcome the inertia of change needed to do what needs to be done.

    I am really fortunate to have LOTS of people around me that have become free range human beings "early".

    Some in their 20s even, and believe me they dont have issues with filling their time with high value,
    significance builiding activities that arent related to a "job" or corporate career.

    ta
    rolf
     
  18. willair

    willair Well-Known Member Premium Member

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    I think you would work something out real quick once you go about 1 hour from your ppor and hit the road and have a look at Australia from national park too national park,at lot of people retired sold up everything and travel
    that way,the less you have the less you have to worry about..
     
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  19. Azazel

    Azazel Well-Known Member

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    I've been "semi-retired" twice, once for about 18 months and once for about 3 years (although I did work for about 3 months in there) but was always planning to go back to work. Overseas travel, making music, studying different things...
    A good way to spread it out before you're too old to enjoy it I reckon ;)
     
  20. D.T.

    D.T. Adelaide Property Manager Business Member

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    You know me too well :p