Early retirement

huskydog replied on 10/03/2018 08:42

huskydog

Posted on 10/03/2018 08:42

Looking at early retirement , I know about the advantages ,but are there any pitfalls or things that cropped up after you had retired that perhaps you hadn't budgeted for ? any advice

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38 replies

replied on 10/03/2018 15:28

Posted on 10/03/2018 13:16 by JVB66

Your usual"provocative" type post is like water off the ducks back for us who, when working in industries that are/were the backbone of keeping the UK going, and at much lower wages and still paid into our pension funds,whereas the private sector were mostly enjoying far more "perks" and wages than us,

We are now reaping the benifits that the govenments of the time bestowed on us after having strong representations made to them from variose trade unions,

and i am sure that we are all grateful that our years of being looked down on by some that our past efforts are now recognised

Ps it is the "golden key" which "unlocks" money to keep our pensions afloat ,not as you say

Posted on 10/03/2018 15:28

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Cornersteady replied on 10/03/2018 18:56

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Cornersteady

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Posted on 10/03/2018 18:56

actually I think that one of the best things about retirement I like is having an afternoon nap, or perhaps more the ability to have one if you feel like it.

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Bluemalaga replied on 10/03/2018 19:31

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Bluemalaga

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Posted on 10/03/2018 19:31

If it has not been said. Make sure you know what you will do on wet, cold and windy days. Daytime tele is ok for about 10 minutes.

ABM replied on 10/03/2018 21:43

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ABM

Motorhomer

Posted on 10/03/2018 21:43

And Bluemalaga makes a valid point . I was fortunate in that, when I took 'Early Retirement' at 54 I had varied interests as well as an elderly father to look after. All good things to avoid sitting in a corner on Bluem's cold wet windy day and fretting or, even worse, getting Depressed as some folk do. So far I've only managed to last 22 years on a very comfortable & warm scrap heap -- hope you more than match me.

cyberyacht replied on 11/03/2018 08:23

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cyberyacht

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Posted on 11/03/2018 08:23

I took early retirement at 50, although I did part-time work thereafter right up to just past 65. It just gave me a bit more spare time. Since being fully retired other stuff can impinge on the apparent "footloose and fancy free" but you do at least have the option of saying no. None of us know what it around the corner so carpe diem.

replied on 11/03/2018 08:24

Posted on 10/03/2018 19:31 by Bluemalaga

If it has not been said. Make sure you know what you will do on wet, cold and windy days. Daytime tele is ok for about 10 minutes.

Posted on 11/03/2018 08:24

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Oneputt replied on 11/03/2018 08:48

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Oneputt

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Posted on 11/03/2018 08:48

I know retired folk who seem to have every minute of every day planned. That’s not my way we are more ad hoc must not forget the frequent breaks. Variety is the spice of life🤡