Got this from somewhere, don’t know where, can’t find it so I can’t credit the author, but, food-for-thought concerning retirement. Don’t wait too long to retire.
Early Retirement and some logical reasoning.
The sooner you retire, the sooner you have the chance to live a life doing what you really want to do.
So set your finances then flip the switch and transition into an enjoyable second act. Don’t make the mistake of waiting too long to retire.
While you are still relatively young you can undertake the adventurous journeys you contemplated but never had time for while working. If you are able to retire with your health and stamina intact, you can attack the proverbial “Bucket List”.
You are now free to custom design the ideal day. You make the rules and get to decide what activity to engage in and how you spend your time. Finally, you are in control.
- You can more fully enjoy time spent with grandchildren as you endeavor to tire them out before they tire you.
- Prepare to revel in your new job as a full-time retiree, a role from which you can never be fired. Leaving work behind translates into no more meetings, reviews, work stress or struggle to climb the corporate ladder.
- You have the opportunity to explore your creative side. Whether writing, music or painting, retirement affords you the time to dream and create.
- Since it is no longer about the money, you daily endeavors do not need to generate cash. You don’t have to be productive every minute of every day unless you want to. Instead, you can do nothing for as long as you want and not feel guilty. You have earned it.
They are interesting. They have free reign and just cruise around our place and eat the grass and weeds. They do wander up underneath the house from time to time while I am relaxing and smack the table to let me know they are there. The neighbor kids love them and drop by to show their friends and take pics. I find it really funny when guests stop by and one or 2 cruise across the driveway or grass and they freak out and point. We plan on breeding a pair at some point. All 4 have been registered with the Thai animal department in CM.
That is true Bowie, but you know many have no idea what they will do in retirement. They have been working and been told what to do, when to do it and when its due their entire life. I have known a few that talked about retirement and all they would do. A few died already and never got there. Recently a friend told me about his buddy that had a heart attack likely brought on from stress and now is limited on his personal activities.
They do live a long ass time and get nearly double the size if food source is available.
Guard tortoises...5555. I need to teach them to bark. The other day I heard this odd noise in the yard on the other side while I was doing work. I walked over towards it and the big male was humpin the older female. Never seen that before. Its funny and the noise the male makes is hilarious. My wife came over and couldn't stop laughing.
As waiters...that would help on my cocktail consumption albeit I have reduced my cocktail consumption to 1 day a week now. (Usually Friday or Saturday)
Yeah, I don't think I'd ever go back to Saudi, even though I had a great time while I was there.
Since going back to work I've just done contracts in Brisbane, Singapore and now in PH.
I have an office thats only 2 blocks from where I live, but in nearly 4 years that I've been here I think I've stepped inside the office less than 6 times.
Working from home is great. I recently spent 3 month visiting my Mum & Dad in Sydney, so just continued to work while I was there.
If they ever decide that I need to spend more time in the office, then I think I'd just resign. (or just continually disobey the directive until they terminate me)
Ahh, yes… a life defined. Just gotta love being a lemming. Graduate, get a job, marry, have kids, give away the daughters, retire at 65, babysit the grandkids, die… after all, What more is there to life?
Simple as that. During the days of defined pension plans, today, with 401k plans and IRA’s, you have to add “accumulate a nest egg”. Eventually you will get sick, happens to everybody, the calendar pages turn and sooner or later, you get sick, once you are sick, the medicos will develop a plan to drain your nest egg to nothing, and then, and only then, will you be allowed to die.
I myself cannot understand the personality of a “bored retirement”, much the same as assembly line workers who love their job of doing the same thing, every hour, every day, every year, every decade. Living a working life of no challenges, a life of complacency, well, to each their own.
Honestly, nothing wrong with the first part of it. Its how we put away enough to retire.
Retire at 65, Babysit Grand kids was and still isn't ever part of my plans. If my daughters have children they can hire babysitters like I did. My parents never watched my daughters. They'd visit, hang out for a day or 2 and leave. Perfect. HAHAHA
I have been assisting a few guys younger then me by a few years about retiring early. They see what I am doing, How happy and relaxed I am.
Actually nothing wrong with any of it. To each their own, and as long as you are "happy" you have won the game of life.
As far as your assistance - I solicited advice from many, many expats who had traveled the path before me. I listened to them, took their advice, did not repeat any of their "mistakes" and it paid off in dividends, a most "smooth" transition; financials, accommodations, household goods, transportation, customs, immigration, taxation, etc.
All in all my expat retirement "To Do" list actually exceeded 100 line items. Preparation is key. You can wing it, as many have, but, eliminating problems before they occur, well, speaks for itself. Smooth, easy, minimal disruptions/interruptions = no "fires" to put out.
Agreed. There is however an element of fun winging it. I was what I considered 70% prepared when I called it. Many literally prepare to make it a perfect scenario but that is a rabbit they chase forever and many do and never retire because of it. I know many in that boat. I figure I will run out of my play money and be a full on pensioner by about 70 to 72. . At that point though, who really cares. This is all under the premise I will live to 70.....
Absolutely TC. Ones happiness is what they enjoy, whatever that may be.
The woman situation is a difficult one for retirees. Most guys don't want to be alone especially as they reach their twilight years but at the same time, a Thai partner can kill your budget. I'm not talking about buying gold for your 21-year-old princess but for family emergencies. There always seems to be a family crisis that can only be solved by the farang parting with his cash.
As it appears to stand now, you'll need 800,000Baht in a Thai bank since embassy letters to prove income are about to be eliminated and immigration has not said what other evidence if income they'll accept.
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