Many threads on this forum are concerned with the financial aspects reaching and funding retirement. I find myself in the lucky position of being able to afford to retire this year. As much as I have come to loath the rat race, leaving it is somewhat daunting. My question is: what will you do/did you do with yourself once you arrive. I'm not talking about the around the world trip, but what will be/is your day to day retirement job. Did/will you start a business, part time job, volunteer, socialise, hobby, watch tv, or annoy the spouse?
What will be your "retired job"
- Thread starter Godzilla
- Start date
Congratulations Godzilla, well done!
Since being made redundant in June I have started a volunteer job for a few hours a week. Although retirement is a long way off for me I could see myself volunteering part time. I have always said that the older generation has much to offer and I would hate to think that I was "past" helping anyone.
Also 'today tonight' had a "geriatric" trail ride on their show which I thought was fantastic. If I can get on a horse when I'm 70 I'll do it
Since being made redundant in June I have started a volunteer job for a few hours a week. Although retirement is a long way off for me I could see myself volunteering part time. I have always said that the older generation has much to offer and I would hate to think that I was "past" helping anyone.
Also 'today tonight' had a "geriatric" trail ride on their show which I thought was fantastic. If I can get on a horse when I'm 70 I'll do it
I cannot help but do what I have been inclined to my whole life. Researcher. That will never alter, no matter age or wealth.
Well done - we're pretty much there too.
For the moment - status quo.
The rat race becomes a lot more fun when it's optional - and you start having a say in the direction it is run, and when it is run.
We're also building up that mythical beast called "the buffer"mfor when properties are empty, need major works etc.
Ultimately, would like to spend more time on my second job of lecturing/teaching.
The Y-man
I'm still a fair way off retiring but from watching what my parents and their peers have done, I've concluded think it is critical to have retirement activities that: 1. provide mental stimulation 2. provide social interaction 3. make you feel useful to society 4. keep you physically moving.
I plan to: 1. enrol in courses to keep learning new things. 2. take up a hobby where I will meet new people 3. do volunteer work 4. have a dog that needs daily walks.
Congrats on being able to retire!
By the time I would retire from full time job, I would have spend a significant number of years investing. I love investing and would love to continue doing it even after I quit my full time job.
Hence, my goal is to retire when my passive income is large enough for me to live off as well as continue investing. This will not only mean I have something interesting to do when I am retired but it will also mean my passive income is also growing due to new investments being made.
Cheers,
Oracle.
Very perceptive of you Africandaisy....that hits the nail on the head.
We retired 4 years ago and I've finally found a volunteer job that satisfies all of those criteria. I'm having a whale of a time chatting with various members of the public.
Any interaction with the public, and the massive spectrum of views is by definition always going to keep it fresh and alive.
Great thread Godzilla - look forward to other people's responses.
My goal is to get involved with volunteering that uses my professional skills. Larger scale projects where for instance, engineering expertise is required.
I also have a range of motoring hobbies that will fill many a free hour.
One other thing I look forward to after the J.O.B. is to live a far more sustainable lifestyle.... with the ability to be self sufficient, should the need arise. Having time to devote to tending a few acres and keeping some productive animals will help to appease the yearning I have to reconnect with life..... city/corporate life can be rather soul destroying, so I will seek to re-establish some sense of balance.
Luckily, all this is only 3-5 yrs away and the "transition" starts next year with the plan to purchase a little corner of the world we can finally call home.
I also have a range of motoring hobbies that will fill many a free hour.
One other thing I look forward to after the J.O.B. is to live a far more sustainable lifestyle.... with the ability to be self sufficient, should the need arise. Having time to devote to tending a few acres and keeping some productive animals will help to appease the yearning I have to reconnect with life..... city/corporate life can be rather soul destroying, so I will seek to re-establish some sense of balance.
Luckily, all this is only 3-5 yrs away and the "transition" starts next year
with the plan to purchase a little corner of the world we can finally call home.
Retirement for me is unlikely to be for around 10-15 year when I shall be a respectable 50ish. It might be earlier but I'm not going to push it. I'd like to do some study - it would give the all round benefits of keeping my mind active, socialisation and getting me out of the house.
I wouldn't mind doing some reno projects either.
I hope that my 'business' of IPs will keep me on my toes as well.
Congratulations on reaching an exciting point in your life. Well done!
I am in my 50s and will retire very soon. I like my job, reasonable income as well so a bit hard to hand in the resignation, but I must make the decision one day...
I think some of my time will be devoted to looking after (and educating) grand kids (including children of nieces and nephews). I want to be very close to them if their parents allow me.
My parents have passed away but my in-laws are still here and are getting older and older... I think I will spend more time with them too.
I will research herbal/alternative medecine, have always wanted to do this.
I will continue to invest as a hobby and would like to pass my knowledge & experience to newbies of younger generation, not sure how i can do this yet.
Oh and commit to looking after my health more so i can live longer , for examples I don't excercise enough if any at the moment which is really really bad !
PS Don't know why there is a red thumd down up there , did not mean to. I think I must have pushed a wrong button !
I think some of my time will be devoted to looking after (and educating) grand kids (including children of nieces and nephews). I want to be very close to them if their parents allow me.
My parents have passed away but my in-laws are still here and are getting older and older... I think I will spend more time with them too.
I will research herbal/alternative medecine, have always wanted to do this.
I will continue to invest as a hobby and would like to pass my knowledge & experience to newbies of younger generation, not sure how i can do this yet.
Oh and commit to looking after my health more so i can live longer , for examples I don't excercise enough if any at the moment which is really really bad
!PS Don't know why there is a red thumd down up there , did not mean to. I think I must have pushed a wrong button !
I'm gunna become one of the retired old blokes who have nothing better to do than to play golf 4 days a week, and annoy the staff in the ProShop with their cr@p attempt at humour, their pensioner-badge-wearing and whining about everything....
Just like I had to put up with for 30 years.
The rat race becomes a lot more fun when it's optional - and you start having a say in the direction it is run, and when it is run.
You are right The Y-man, although it would take me 3-4 more years to reach my financial goal and be able to retire if i want to, the thought of being on track with my financial goal and having the drive to make it happen makes me somehow enjoy my job more ( it is mentally challenging, interacting with different types of people, helping others to grow, and i am able to go to the gym during the day).
So i think i will still work, but I will take more time off work for travelling and be with my family and by the time i am physically ready to retire, i would like to do gardening, have a vegie patch, learn another language or two, go to the gym, read fictions and do volunteer work.
What a great threat this is !
Thanks all for sharing.
Anne
There will be other goals to achieve. I wouldn't call "start a business, part time job, volunteer, socialise, hobby, watch tv, or annoy the spouse" goals. Goals might include attain another degree, learn another language, enter politics, live and work in another country. Goals that "stimulate your grey matter"
It's 50 years old.I plan to make the senior PGA tour - i think 40 yrs old qualifies one as a senior on the PGA
50 year olds don't think they are "senior", however.
I'm sure you are joking about it, but just in case you're half serious; there is virtually no seniors Tour in Aus (you can't make a living off the prizemoney amount here).
And, if you want to be a serious competitor on the US senior Tour, you'd wanna have been at least an Australian Open Champ and/or Order of Merit winner to be remotely good enough to not starve..
