(Topic ID: 286379)

Retirement! Hacks, tips and insights to get there faster.

By DadofTwins

3 years ago


Topic Heartbeat

Topic Stats

  • 971 posts
  • 158 Pinsiders participating
  • Latest reply 3 months ago by Zambonilli
  • Topic is favorited by 121 Pinsiders

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Topic poll

“At what age do you plan on retiring?”

  • 45-55 96 votes
    30%
  • 56-65 169 votes
    53%
  • 65 and over..... 53 votes
    17%

(318 votes)

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#35 3 years ago
Quoted from pin2d:

Is there a specific FIRE book you all would recommend?
I saw Start Your Fire and Playing with Fire...

https://www.amazon.com/dp/1533667926/ref=cm_sw_r_cp_awdb_imm_t1_1xkdGbBQDTYAX

Jim Collins' blog is equally as helpful. Down to earth and not too gimmicky.

2 years later
#751 9 months ago

Staying the course here, as well. Goal for me has always been partial or total retirement as soon as the youngest is done with high school. Still a number of years off so we're still stashing assets away as we can and remembering that the retirement date can be flexible depending on what state the world is in.

2 weeks later
#859 9 months ago
Quoted from pinzrfun:

She has Medicare and one of the associated plans, I haven't delved into that yet, this is a recent development evolving from the sale of her house. We are both frighteningly healthy right now.
She wanted to get a condo (no yard/maintenance), and we've looked at a couple, but honest to God $300k doesn't get a lot. 1300sq ft, bedroom upstairs, builder grade materials, smaller basement (fewer pins!) I have an 1800sq ft ranch, HUGE basement and game room of my dreams, small yard. Its like great, no mortgage but we are downsizing for twice what I owe?
The problem is, I'm recently divorced and she doesn't want to live where "she" lived. I told her let's repaint, do a few other things to make it feel more like "our" place, and I'm hoping that in 2.5 years, she decides to stay. She will still have plenty of $ to remodel anything if she feels like it. And she's already made her stamp on the place (houseplants, furniture, etc). Time will tell.

If I've learned one lesson in life it is to never move out of a ranch house.

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