TOAK the Thread Of All Knowledge IX
#4631
Join Date: Jul 2011
Location: Frozelandia, Minnysota
Posts: 27,076
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When that happened, thought I was screwed for retirement. Then found out how much cheaper single life was and ended up retiring at 62 eight years later. Big thing is paying off all loans except mortgage; things like car and visa payments can wreck retirement plans. Mortgage would be paid off too, but... splitting of assets meant a new and bigger one. Retirement turned out better than expected, even grew the motorcycle collection.
#4632
Join Date: Jul 2011
Location: Frozelandia, Minnysota
Posts: 27,076
Received 4,632 Likes
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2,735 Posts
Sun's finally out, planned a longer ride at last, and... there's a crying tiny girl downstairs, just woke up. Kind of last minute, will take up all the riding hours today. Better go down and she why she's unhappy.
#4634
#4637
Retirement
When that happened, thought I was screwed for retirement. Then found out how much cheaper single life was and ended up retiring at 62 eight years later. Big thing is paying off all loans except mortgage; things like car and visa payments can wreck retirement plans. Mortgage would be paid off too, but... splitting of assets meant a new and bigger one. Retirement turned out better than expected, even grew the motorcycle collection.
#4638
Join Date: Jul 2011
Location: Frozelandia, Minnysota
Posts: 27,076
Received 4,632 Likes
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2,735 Posts
I'd had enough, was going at 62 regardless, but had the luckiest break of the career - a great early out program just in time to retire, included bridge insurance to 65. Avoided a chunk out of my retirement savings on that one.