Non financial retirement planning?

in Over 50s MoneySaving
30 replies 5.5K views
Originally posted on pensions but advise to repost here
All,

I am hoping to retire early in about 6 years (age 55) and think I have the financial side in place.

But what about the non-financial stuff?

I have some ideas about hobbies/interests I would like to pursue, but can't at the moment as work is still taking up much of my time?

Did you make a slow transition i.e. going part time first? or did you just put less focus on work?

Did you find the transition difficult?

Anything you would have done differently?

Any advice from those recently retired or due to retire soon?

Thanks in advance
«13

Replies

  • chucknorrischucknorris Forumite
    10.8K Posts
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    mr.wendal wrote: »
    Originally posted on pensions but advise to repost here
    All,

    I am hoping to retire early in about 6 years (age 55) and think I have the financial side in place.

    But what about the non-financial stuff?

    I have some ideas about hobbies/interests I would like to pursue, but can't at the moment as work is still taking up much of my time?

    Did you make a slow transition i.e. going part time first? or did you just put less focus on work?

    Did you find the transition difficult?

    Anything you would have done differently?

    Any advice from those recently retired or due to retire soon?

    Thanks in advance


    I am thinking about retiring in a couple of years when I would be 58, part of me wants to continue but I have plenty to do:


    looking after my dog (with my wife)
    an hours walk (more of a hike) at about 6.30 am
    Running/jogging
    swimming
    cycling (road and off road)
    bowls
    chess
    looking after our properties (9 including our home)
    catching up with friends/family

    To be honest work can become quite annoying at times when it interferes with my other activities.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • mr.wendalmr.wendal Forumite
    21 Posts
    Sounds fantastic.
    I guess I am thinking about this now as I am starting to put less energy into work and other things are taking priority.
    But I still have at least 5 years or so before I can fully commit to other hobbies.
  • zygurat789zygurat789 Forumite
    4.3K Posts
    Part of the Furniture Combo Breaker
    mr.wendal wrote: »
    Originally posted on pensions but advise to repost here
    All,

    I am hoping to retire early in about 6 years (age 55) and think I have the financial side in place.

    But what about the non-financial stuff?

    I have some ideas about hobbies/interests I would like to pursue, but can't at the moment as work is still taking up much of my time?

    Did you make a slow transition i.e. going part time first? or did you just put less focus on work?

    Did you find the transition difficult?

    Anything you would have done differently?

    Any advice from those recently retired or due to retire soon?

    Thanks in advance

    And the title of this board is Over 50s MONEY SAVING

    I would suggest you take this to THE ARMS
    The only thing that is constant is change.
  • LOL wow you followed me across forums so you could tell me off twice :T
    That is so strict - Is it wrong that I like that:beer:

    Anyway I think I like it here so I will stay a while - everyone can ignore me if they like. (- oh so that's what I am going to be like when I retire)

    wendal
  • bugsletbugslet Forumite
    6.9K Posts
    Not got to that stage Mr W, but I have had a few drivers retire. I have yet to have one that doesn't say, ' I don't know how I managed to fit work in', they all seem to love it:)
  • zygurat789zygurat789 Forumite
    4.3K Posts
    Part of the Furniture Combo Breaker
    mr.wendal wrote: »
    LOL wow you followed me across forums so you could tell me off twice :T
    That is so strict - Is it wrong that I like that:beer:

    Anyway I think I like it here so I will stay a while - everyone can ignore me if they like. (- oh so that's what I am going to be like when I retire)

    wendal

    That's totally untrue and verging on libel.
    I did not follow you. I went back to pensions.
    I did not, in any way, tell you off, I offered friendly advice here.
    I did not tell you off in pensions but I had a strong word for the person there who gave you misleading advice. I wasn't the only one who advised you to take it to the arms was I?
    I am sure from what you say you would be happier in the arms
    The only thing that is constant is change.
  • bugslet wrote: »
    Not got to that stage Mr W, but I have had a few drivers retire. I have yet to have one that doesn't say, ' I don't know how I managed to fit work in', they all seem to love it:)



    :j I love it every time I hear that
  • chucknorrischucknorris Forumite
    10.8K Posts
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    Forumite
    mr.wendal wrote: »
    Sounds fantastic.
    I guess I am thinking about this now as I am starting to put less energy into work and other things are taking priority.
    But I still have at least 5 years or so before I can fully commit to other hobbies.



    At the moment I work in an 80% fractional appointment (lecturing) as an alternative to retirement I would consider dropping to 40%, the only problem is that we plan to spend our winters in Southern Spain and/or the Algarve. So my retirement will probably be triggered by my wife's retirement to facilitate getting away in the winter.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • mr.wendalmr.wendal Forumite
    21 Posts
    zygurat789 wrote: »
    That's totally untrue and verging on libel.
    I did not follow you. I went back to pensions.



    It was meant as a joke - sorry if I have offended you.


    perhaps I could get you a virtual beer if I see you in the arms?:beer:
  • edited 27 June 2014 at 6:11PM
    PennyForThem_2PennyForThem_2 Forumite
    1K Posts
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    Forumite
    edited 27 June 2014 at 6:11PM
    zygurat789 wrote: »
    And the title of this board is Over 50s MONEY SAVING

    I would suggest you take this to THE ARMS

    Go away! You have sent this msg before. Pedant!

    This is about over 50's money saving - we have different concerns including how we manage on a possibly reduced pension if we retire early. I think you gave us this message with the weightwatching thread? If my memory is wrong then blame early dementia.

    The OP is looking for money saving ways to ease him from a work related to a pension related income - he does not want to overspend his budget on expensive pursuits after retirement.
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