7 signs you shouldn't retire now

Some milestones you may think signal that the time is right should be ignored. And there are other signs that tell you it's definitely not yet time.

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107Comments
Jan 29, 2013 11:56AM
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 bet from a governments point of view--i think there is only 1 reason,you SHOULDN'T retire...they cannot greedily hold out their hands for your money anymore.
Jan 29, 2013 10:03AM
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Anything to convince the remaining few (and getting fewer) old contributors who have been getting milked by the liberal establishment for decades to support the pukes in society that they champion for votes to sustain their worthless existence.

"When plunder becomes a way of life for a group of men in a society,over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it"

(Frederic Bastiat 1848)

Jan 29, 2013 8:14AM
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I think the people who are bored and should retire are the folks who write these "wonderful" articles.
Dec 24, 2012 2:48PM
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Forced to retire because of health issues at 55.  I do miss my career as an educator.  Was not financial ready and now have grandchildren to care for but we get by. Trust in the Lord.
Dec 24, 2012 2:14PM
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Why are the crooks always telling you not to retie? GET IT!!!!
As of right now, from the SSA (dot) GOV site,

If you are under for the entire year, we deduct $1 from your benefit payments for every $2 you earn above the annual limit.

For 2012, that limit is $14,640.

In the year you reach , we deduct $1 in benefits for every $3 you earn above a different limit, but we only count earnings before the month you reach your full retirement age.

If you will reach full retirement age in 2012, the limit on your earnings for the months before full retirement age is $38,880. (If you were born in 1946 or 1947, your full retirement age is 66 years.)

Starting with the month you reach full retirement age, you can get your benefits with no limit on your earnings.

So basically you regular folk, like me retire at 62, if the 1% don't screw you before then. Take your lower payment, work, making your maximum allowed. Do not go over because they will take away $1 for ever $2 you make above that, meaning a 50% reduction in benefits! As of this years figures, once at full retirement you can earn whatever you like!

Remember this also, from age 62 to (as of now) to 67 (for me) is five years. You will collect every month. That will add up to 60 months, so using my numbers, I get $1400 a month at 62, so $1400 times 60 months equals $84,000.00 dollars!!! Now if I wait until full retirement, for me 67 I will get $2100.00 a month, that is an extra $700.00 a month. That means I will have to live until 77 to make up the $84000.00 I would have given up making if I retired at age 62 (again presuming the corporate pigs don't get their political pigs to screw us some more!


Do the numbers people and stop listening to the radio pigs mouth, aka Rush, Beck and of coarse the Don! Remember the 1% is nothing more than the land barons of days gone by. They seem to forget what their forefathers got when the screwed the peasants too much!


History does seem to always repeat itself, why can these pigs ever learn???

Dec 24, 2012 9:37AM
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There are always articles that deal out witty advise on retirement, but they are only written for the fortunate ones that DO have pensions or substantial money in the bank, when the vast majority of older people in this country are in a different situation entirely, and if you go to your local Walmart, you will see some of them laboring at the check-out registers trying to earn some extra money to pay for their food this week.
Dec 24, 2012 7:52AM
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Volunteer at senior center ,meals on wheels,drive cancer patients to apps.
Dec 22, 2012 4:02AM
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I taught soldiers, their family members and government civilians how to transition into a civilian job or how to prepare for retirement.  Since this discussion is about retirement here is my advice: Make sure you are out of debt and one way to do that is ALWAYS separate your WANTS from your NEEDS.  I don't care how much you make you can always save a little just DO IT.  My formula was I lived on 80% of what I made, saved 10% and gave 10% to the church.  Over the years I was able to adjust the amount I lived on and saved the difference.  I retired the first time from the Army @ 41, the second time from a government civilian job at 59 and SS at 62.  I'm now 72 and have more available income than at any time in my life.  I live very comfortable on 50% of my income, still give 10%+ to the church, save 10%+ and give the rest to my kids.  They need it now, not after I leave this life. I have so many tax deductions now because of the church, my kids and other deductibles that I pay very little income tax. Retired life can be the best life you've ever had.  You just have to plan for it and stick to the plan.  God bless
Dec 21, 2012 11:11PM
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How about an article about 7 signs that it is TIME TO RETIRE.

 

the media and the government want us baby boomers to keep working so we can support all the worthless lazy **** people who don't want to work.  

Dec 21, 2012 8:57PM
Dec 21, 2012 6:47PM
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If you take SS @ age 62 and invest that money @ only 5% it will take over 27years to break even if you wait till 66. So it's a BAD idea to wait and take the money @ age 66. These so called experts must be talking about poor people who should keep working until age 66. With the cola under attack it makes even more reason take it now and invest it or don't touch your current investments.
Dec 21, 2012 6:01PM
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RETIRE NOW IF YOU CAN BEFORE OBUMA AND THE REST OF THESE SO CALLED POLITICIANS WORKING FOR US TAKE EVERYTHING AWAY.
Dec 21, 2012 5:44PM
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Your 68, working 2 part time jobs, your crack infested son is in prison and his jobless daughter and her boyfreind are couped up in your basement play x box
Dec 18, 2012 1:50PM
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I notice many years ago 50+ that old people retired and wished they could do things with family.  They would come to where I was working, but could just sit in the hotel, car, bus, RV and look out at the younger one hiking, biking, riding horses, etc.  But all they could do is set. they had waited to long.  Maybe the kids told them to work to the end, maybe the lawyer and banker told them not ot quit yet.

 

I retired five years ago.  I still work part-time at working in what I did for a living for 50+ years.  But now I not the owner or boss.  I am just a gofer and enjoy it.  There is no pressure to get things done, no big management decisions to make.

 

We decided after hearing a Pastor preach a sermon; "Never seen a U-Haul attach to a Casket" couple that with me doing estate auctions, seeing what people thought they needed, but the kids just sold most of it at auction.  We decided to retire, scale back from a 3000 sq.ft. home, moved into 800 sq.ft apartment,  sold the ranch as well and retire to enjoy the rest of our life. Bought an RV trailer of 300 sq ft. and travel most of the year work at seasonal jobs.

 

  The wife and I hike up to 10/15 miles a day in the mountains, ride our horses, travel, pick up odd jobs here and there.  I work out in a gym and swim laps for up to four hours a day.  We  enjoy life.  We didn't wait till we were to old to enjoy life.

 

I would say start planning for your retirement, by planning on what you want to do some where around 55 to 60.

 

  See what it will take for you to stay active.  By all means don't retire and quit living. To many of our friends have done just that. Some have passed on after just a year or two of retirement. Some are buying scooters carts to get around, some are buying tip up chairs. Just for the simple fact they quit. Some just wish they were doing what we are doing and had not waited.  What's a few dollars different in retirement income.  You can managed your retirement and have a good time on far less then what many say.

 

Just my thinking.

Dec 18, 2012 1:48PM
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I really enjoyed my career and I love being retired. Here is the thing most of us have fantasies about traveling, fixing our homes, writting, etc etc. We never know when our health will end those options. It isnt just your life expectancy that is an issue it is when will a bad back or injured knee start to really slow us down. When I retired I ran five miles a few times an week, now I walk 3 plus. When I retired I hiked to the Bottom of the Grand Canyon, I could not do it today. We Just never know about our health. My advice is this, take a real look at your bucket list and ask yourself how much longer can you wait.
Dec 18, 2012 1:47PM
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Have you made a plan . . . if not, keep workin, be smarter than the average bear . .  . do your homework and enjoy life. 
Dec 18, 2012 1:32PM
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I discovered it was time to retire when the company that employed me 'downsized' in late '06 during the RE meltdown, and my 'transferrable skills' weren't all that transferable if they belonged to a 55 year old man.  Still wanting to do my part and be a good little tax payer, I, after two years of part time temporary jobs that lasted only a few days at a time, rejoined the workforce as a minimum wage retail drone.  Two days after landing my 'dream' job, we found my dear wife had the cancer, so I quit my 'job' to spend time with and caring for her.  After eight months, she did not survive, and I now have the retirement we both worked for, however, all I want is her....
Dec 18, 2012 1:19PM
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Just Remember- There are no pockets in a shroud or luggage racks on a hearse!!! You don't know how much time you have left on this Earth, and money can't buy you more!!! How much money do you need?

 

Get out while the getting is good, enjoy every day like it's your last, and start working at living instead of living at work!!!

 

Best wishes for a Happy and Healthy 2013 to all!

Dec 18, 2012 1:11PM
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That picture seems oddly out of place.
Dec 18, 2012 1:06PM
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Thanks for the positive comment. I love to see people happy & living large. God Bless :-)
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