Regret retiring too early with not enough money?

Popgirl

robin61 wrote: »

I guess most of us go through this thinking if we work another year or two we will have that bit more. For me a lot will depend on how work is going. If I'm feeling that I'm hating the job and am really stressed then that will be the sign for me to go. There is no point retiring with a bit more money but with your health shot to bits because of stress. Different decision if work is going OK.

What I would say though is that being confident I could retire if I needed to is now allowing me to think about work with a different perspective.

DH left a very stressful FT desk job Dec 15 because it was making him so ill now works PT in a physical job which he quite enjoys but he knows he could finish any time which makes a difference.
I have continued in my job for two reasons only the good wages and benefits.... I think that sums it up!

k6chris

Popgirl wrote: »

DH left a very stressful FT desk job Dec 15 because it was making him so ill now works PT in a physical job which he quite enjoys but he knows he could finish any time which makes a difference.

Yes, knowing that as the nonsense levels rise and your 'dealing with idiots' threshold falls, that you can just pull the plug, makes a huge difference.

chiefie

http://www.telegraph.co.uk/money/consumer-affairs/new-family-tax-older-family-members-paying-young/

This is what is currently getting me concerned - that I'll need more to help the kids

Bootsox

jennyjj wrote: »

I love this thread.
I look in on this topic every day waiting for someone to pop up and say "I retired too early and I regret it". And all I see is a bunch of us confirming that it's never regretted...snip

I too wait and wait for such a person.

However, I don't think there will be many of these people as the mindset required for an ordinary working person to achieve early retirement would, in straitened times, easily adapt itself to austerity.

Such a person might even relish the excuse for being "tight".

Teapot55

k6chris wrote: »

Yes, knowing that as the nonsense levels rise and your 'dealing with idiots' threshold falls, that you can just pull the plug, makes a huge difference.

I am never quite sure if it is a function of age, being driven mad by nonsense levels & having an 'idiot' threshold, or if it is a symptom of living in a neo-liberal me-me-me environment.

Either way, keeping a close eye on this thread, as we too are making haste slowly into retirement.

jennyjj

Bootsox wrote: »

I too wait and wait for such a person.

However, I don't think there will be many of these people as the mindset required for an ordinary working person to achieve early retirement would, in straitened times, easily adapt itself to austerity.

Such a person might even relish the excuse for being "tight".

Quite so.
I know what it's like to suffer financial stress and can tighten my belt and live frugally as though it's a simple reflex action. Having a heap of debt for a while built into me an ability to embrace frugality, and that ability turned into a lifetime habit which I'm only just breaking. A good life-skill.

jennyjj

Teapot55 wrote: »

Would've... could've.... should've

... have: No regrets.

robin61

Teapot55 wrote: »

function of age, being driven mad by nonsense levels & having an 'idiot' threshold

Hits the nail on the head for me.

Stubod

..I actually left my job voluntarily last year as I had literally had enough of the stress caused by mindless bullsh1t / cr4p I had to put up with (nhs), I was planning to go anyway but just reached the "oh s0d this" stage by the end of the year...right choice?...who knows. Hopefully we have "enough", but now that we are in the "brump / trexit era" (Brexit/Trump), who knows what is round the corner...!!!

atush

I expect. any who retired without enough income (esp ones like the above poster who may have gone early with an actuarial reduction)

Wont post here. Because they are embarrassed they made the wrong decision, things changed they didnt expect (my BIL got diagnosed with cancer a month after leaving his DB pension workplace). they are too busy looking for ways to make money, they can no longer afford wifi