The Rick Astley method

pterri · 28 September 2024 at 4:22PM

Not a retirement story so may get bumped but it does speak to me. I hope to retire next year at 57, I’ve been planning for ten years and the numbers work (a DB pension makes this possible , I wouldn’t have managed it otherwise). I keep getting t(at nagging feeling though ‘just one more year’. Do I need it? Not really. I’ll get a limited number of healthy years and I intend to use them. Do you have enough to give you the freedom? The ‘Dad ‘ here is substituted by ‘work’. For me that’s key, like my new mate Rick says I recognise I’ve had some luck along side my rational decisions.

What Rick Astley can teach us about giving up
https://on.ft.com/3N0imyZ

Sam_666 · 28 September 2024 at 4:47PM

Personaly, I would use Buffett for inspiration. But hey.
My faviourite from Buffett: "If you dont find way to make money while you sleep, you'll work until you die."

Sarahspangles · 28 September 2024 at 5:10PM

pterri said:

Not a retirement story so may get bumped but it does speak to me. I hope to retire next year at 57, I’ve been planning for ten years and the numbers work (a DB pension makes this possible , I wouldn’t have managed it otherwise). I keep getting t(at nagging feeling though ‘just one more year’. Do I need it? Not really. I’ll get a limited number of healthy years and I intend to use them. Do you have enough to give you the freedom?

It’s possible to run out of time rather than money. My dad’s neighbour retired as a GP at the age you mention, his widow recently reminded me that at least it gave him ten years, most of them shared with her once she retired, before he got one of those less common cancers that aren’t treatable.