At what moment does retirement begin?

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tetractys
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At what moment does retirement begin?

Post by tetractys » Sun May 10, 2020 11:05 pm

For your retirement, at what moment will it, or did it actually begin? Maybe the standard time is midnight just as the date changes, like on the New Year. But since it’s YOUR RETIREMENT you can pick the moment, correct or not? I’m thinking my retirement will begin at sunrise on the first day. I’m planning on being up and awake for that. What are your thoughts for your retirement moment?

What got me started on this was looking for a retirement countdown app. And I found a simple countdown app just for retirement; but rats!; it only lets you pick the day, not the moment by hour, minute, and second!

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Re: At what moment does retirement begin?

Post by dbr » Sun May 10, 2020 11:29 pm

Technically I was probably retired at exactly the minute or so I handed my badge to my manager at the door and the door latched behind me. Yes, she literally collected my ID as I walked out the door with a handshake. I don't remember how we set exactly that day but I think it had to do with some shenanigans about 401K contributions, stock option grants, insurance or something and time of day was set when we both decided it would just be nice to do it.

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Re: At what moment does retirement begin?

Post by mega317 » Mon May 11, 2020 1:01 am

I think I'd rather consider it as the moment you walk out of work. Probably the last chance to recapture the feeling of the start of summer break. Sunrise risks feeling like any old weekend.

If a handshake is required no one is going to be retiring for a while.
https://www.bogleheads.org/forum/viewtopic.php?t=6212

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Re: At what moment does retirement begin?

Post by mega317 » Mon May 11, 2020 1:05 am

Also you can Google how many seconds until a specific date and time and save the search as a bookmark. 700 million until I turn 60.
https://www.bogleheads.org/forum/viewtopic.php?t=6212

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Re: At what moment does retirement begin?

Post by tetractys » Mon May 11, 2020 1:11 am

mega317 wrote:
Mon May 11, 2020 1:05 am
Also you can Google how many seconds until a specific date and time and save the search as a bookmark. 700 million until I turn 60.
I have a tiny spreadsheet that shows years, months, weeks, days, minutes till retirement. It updates on opening but doesn’t refresh incrementally.

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tetractys
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Re: At what moment does retirement begin?

Post by tetractys » Mon May 11, 2020 1:15 am

mega317 wrote:
Mon May 11, 2020 1:01 am
I think I'd rather consider it as the moment you walk out of work. Probably the last chance to recapture the feeling of the start of summer break. Sunrise risks feeling like any old weekend.
Hmmmm :wink:

What if you’re stuck going to your retirement party on your retirement day? If you’re already retired you could gloat more!

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Re: At what moment does retirement begin?

Post by Stinky » Mon May 11, 2020 4:44 am

mega317 wrote:
Mon May 11, 2020 1:01 am
I think I'd rather consider it as the moment you walk out of work.
+1

I have a spreadsheet that counts up from the last day in the office. That’s what I considered retirement date.

However, for benefits and pension reasons, my “formal” retirement date was a few weeks later. I took both paid and unpaid PTO to bridge the gap.
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Re: At what moment does retirement begin?

Post by oldcomputerguy » Mon May 11, 2020 5:54 am

My retirement began on January 3, 2017, at precisely 12:00 noon Eastern Standard Time. That's the moment at which I sat in the Business Manager's office and signed the piece of paper making my separation official. I had already handed my workplace keys and cell phone over to my successor and turned in my badge, so from that moment on, I was a visitor in the building in which I had spent 36-1/2 years.
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Re: At what moment does retirement begin?

Post by Pixafari » Mon May 11, 2020 6:07 am

Mine began the moment I logged out my last work day. I worked from home the last 4 years of my 36 with megacorp, so I was “done” with the last log out. I use an app on my iPhone that does what you describe: https://apps.apple.com/us/app/countdown ... d363735527

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Re: At what moment does retirement begin?

Post by MarkBarb » Mon May 11, 2020 6:12 am

Mine began the moment I walked out of the last meeting at the office. Technically, I still needed to file paperwork, but it was at that moment that I felt retired.

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Re: At what moment does retirement begin?

Post by eldinerocheapo » Mon May 11, 2020 6:42 am

Mine began when I turned in all my company equipment, thanked my manager for his friendship and support, then walked through a gauntlet of handshakes, hugs, and tears of my co workers as my wife waited outside to drive us away. We later sat in a quiet corner of a beer garden and took congratulatory calls from long time friends in my industry. It brought a lot of closure.
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Re: At what moment does retirement begin?

Post by drdrgolf » Mon May 11, 2020 6:53 am

Officially, my retirement date was 11:59PM 12/31/96. The next click of the clock my company became Bell Atlantic. Of coure within a couple of years it has become Verizon.
However, my retirement began exactly in 9/96 at a company meeting which announced a new plan to downsize by offering 6 years and 6 years for calculating pension. That was adding six to years of service and six years to your age. I was retired on the ride home.
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Re: At what moment does retirement begin?

Post by Wanderingwheelz » Mon May 11, 2020 7:11 am

tetractys wrote:
Sun May 10, 2020 11:05 pm
For your retirement, at what moment will it, or did it actually begin? Maybe the standard time is midnight just as the date changes, like on the New Year. But since it’s YOUR RETIREMENT you can pick the moment, correct or not? I’m thinking my retirement will begin at sunrise on the first day. I’m planning on being up and awake for that. What are your thoughts for your retirement moment?

What got me started on this was looking for a retirement countdown app. And I found a simple countdown app just for retirement; but rats!; it only lets you pick the day, not the moment by hour, minute, and second!
You might be surprised by the percentage of retirees who’s retirement wasn’t their decision at all. Covid will be one more thing that forces many to retire when it would have been their wish to wait.

Forget the hour, minute or the second. Some would be off by years.

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Re: At what moment does retirement begin?

Post by azanon » Mon May 11, 2020 7:19 am

Wanderingwheelz wrote:
Mon May 11, 2020 7:11 am
tetractys wrote:
Sun May 10, 2020 11:05 pm
For your retirement, at what moment will it, or did it actually begin? Maybe the standard time is midnight just as the date changes, like on the New Year. But since it’s YOUR RETIREMENT you can pick the moment, correct or not? I’m thinking my retirement will begin at sunrise on the first day. I’m planning on being up and awake for that. What are your thoughts for your retirement moment?

What got me started on this was looking for a retirement countdown app. And I found a simple countdown app just for retirement; but rats!; it only lets you pick the day, not the moment by hour, minute, and second!
You might be surprised by the percentage of retirees who’s retirement wasn’t their decision at all. Covid will be one more thing that forces many to retire when it would have been their wish to wait.

Forget the hour, minute or the second. Some would be off by years.
I could be fired or laid off from a job, but I'd never confuse that with retirement. Retirement is a choice to no longer work for pay. If I wanted to work, I could find a job, and so could most anyone else. Granted, it might not be exactly the job you'd hope for or have the pay you'd hope for. I'm not sure even a major handicap could force me to have that mindset, given how many job programs there are for the disabled.

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Re: At what moment does retirement begin?

Post by kramer » Mon May 11, 2020 7:35 am

I felt retired when I got back to my apartment after my last day of work. Weirdly, there was a big check for my accumulated vacation pay that had been slipped under the door, about 7 weeks worth, I don't know why it wasn't direct deposited. Anyway, I have not worked for money since then (2007).

Shortly after, I moved to a different city and then started traveling around the world and then moved abroad. So it was a definite separation and new life for me, and a very short transition period.

The scariest moment was when I gave my two week notice two weeks before I quit. It was a scary and mostly irreversible decision. But I didn't feel retired until after my last day of work.

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Re: At what moment does retirement begin?

Post by midareff » Mon May 11, 2020 7:39 am

tetractys wrote:
Sun May 10, 2020 11:05 pm
For your retirement, at what moment will it, or did it actually begin? Maybe the standard time is midnight just as the date changes, like on the New Year. But since it’s YOUR RETIREMENT you can pick the moment, correct or not? I’m thinking my retirement will begin at sunrise on the first day. I’m planning on being up and awake for that. What are your thoughts for your retirement moment?

What got me started on this was looking for a retirement countdown app. And I found a simple countdown app just for retirement; but rats!; it only lets you pick the day, not the moment by hour, minute, and second!
For me it had two possibilities...... it could have been March 30, 2012, at 11:30 AM when I left the office for my retirement party, or, Monday April 2, 2012, the first day of not going to work. I like to split the difference and call it April 1, April Fool's Day.

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Re: At what moment does retirement begin?

Post by Watty » Mon May 11, 2020 9:09 am

Because of a bad commute and a manager who preferred for everyone to work early "flex hours" like her I had to set my clock for 5:30 AM on workdays the last few years when I was working.

I am not a morning person so I hated that.

On my last day of work I took a picture of my alarm clock at 5:30 AM when it went off.

I retired in the middle of the week so in some ways it first felt like I was really retired the next day when the alarm did not go off and I woke up a few hours later than "normal". My last day was on a Thursday so joked that I wanted to start my retirement with a three day weekend.

The funny thing was that at the time I retired some investing company had TV ads supposedly showing people watching the sunrise on the first day of their retirement with some slogan like "Prepare for the first day of the rest of your life." I slept through that sunrise, I saw the sunrise way too often when I was driving to work.

In other ways the first time you take money out of your savings is a milestone that really makes you feel "retired". Up until then it can sort of just feel like you are on a long vacation.

Technically though it is the last time you walk out the door.
Last edited by Watty on Mon May 11, 2020 9:24 am, edited 2 times in total.

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Re: At what moment does retirement begin?

Post by PaunchyPirate » Mon May 11, 2020 9:15 am

My retirement was officially at close of business on December 14, 2018. I gave 6-weeks notice. I was a home-based employee who sometimes traveled for meetings and training.

I was "sent off" by my coworkers at a group meeting and training session about 3 weeks prior to my last day since that was the last time I would see them in person. While the rest were in the training portion of the week, I played on my computer and chatted with people who stopped by. It was a training I would have despised taking and my boss told me he didn't care if I sat through it or not.

We had another virtual goodbye on the Monday before my last day during our weekly team conference call. On my actual last day of work, I spent the morning on the phone with long-time coworkers who had called me. My boss called around 2pm to do a final checklist of things to cover.

Around 3pm, I turned off my laptop and packed it into a box. I drove 45 minutes to a full FedEx Office location to ship it back. At 5:00 pm, I was sitting in the parking lot of FedEx on the phone with AT&T switching my phone service over from MegaCorp to my own personal account. We had to do that within 24 hours. Done! No regrets.

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Re: At what moment does retirement begin?

Post by hudson » Mon May 11, 2020 9:18 am

I've retired twice. I can't remember any special moments when I felt retired. I can't remember my last day on either retirement. I don't remember turning in anything. Maybe I just left it on my desk?
I do remember my last day in the Army. I walked into the main post finance office and gave them my paperwork and my ID card. They counted out $800 in cash with a receipt....and maybe my discharge form. When I got to my car, I couldn't find my ID. They kept it, but I had $800 and my freedom!

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Re: At what moment does retirement begin?

Post by MisterMister » Mon May 11, 2020 9:33 am

azanon wrote:
Mon May 11, 2020 7:19 am
... If I wanted to work, I could find a job, and so could most anyone else. Granted, it might not be exactly the job you'd hope for or have the pay you'd hope for. I'm not sure even a major handicap could force me to have that mindset, given how many job programs there are for the disabled.
I am afraid you are living in the distant past, my friend (October, 2019 perhaps?).

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Re: At what moment does retirement begin?

Post by Miriam2 » Mon May 11, 2020 9:42 am

tetractys wrote: For your retirement, at what moment will it, or did it actually begin? . . . What got me started on this was looking for a retirement countdown app. And I found a simple countdown app just for retirement; but rats!; it only lets you pick the day, not the moment by hour, minute, and second!
OK tetractys - here's the perfect retirement clock for you!

Image

https://www.futurememories.com/retireme ... gKjj_D_BwE
Last edited by Miriam2 on Mon May 11, 2020 9:44 am, edited 1 time in total.

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Re: At what moment does retirement begin?

Post by MisterMister » Mon May 11, 2020 9:43 am

Miriam2 wrote:
Mon May 11, 2020 9:42 am
tetractys wrote: For your retirement, at what moment will it, or did it actually begin? Maybe the standard time is midnight just as the date changes, like on the New Year. But since it’s YOUR RETIREMENT you can pick the moment, correct or not? I’m thinking my retirement will begin at sunrise on the first day. I’m planning on being up and awake for that. What are your thoughts for your retirement moment?

What got me started on this was looking for a retirement countdown app. And I found a simple countdown app just for retirement; but rats!; it only lets you pick the day, not the moment by hour, minute, and second!
OK tetractys - here's the perfect retirement clock for you!

Image

https://www.futurememories.com/retireme ... gKjj_D_BwE
If you put that clock on your desk at work, you may find it runs fast.

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Re: At what moment does retirement begin?

Post by bayview » Mon May 11, 2020 9:45 am

My retirement began the morning that my alarm didn’t go off at 6:45. :beer
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Re: At what moment does retirement begin?

Post by Bir48die » Mon May 11, 2020 9:46 am

Mentally it was September 2015 but they talked me into PT for another six months. April 1st was my retirement party and the camper was packed in the parking lot. Grabbed my goodies and headed to the beach. It was an unseasonably beautiful three days and it just seemed like it was all meant to be. Drank a lot of beer and just tried to get my head around the fact that I didn't have to deal with any more crap.

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Re: At what moment does retirement begin?

Post by Sandtrap » Mon May 11, 2020 9:49 am

Moments when "retirement" begins.

When one is totally fed up with working for many reasons. (the beginning of the end, mentally retired).
or
The last paycheck. Working income goes to zero.
or
The "ahaaaaa"!!! moment sitting on the veranda of a dream retirement home with zero commitments.
or
Financially independent but continuing to work for the love of the profession. .
or
Financially retired. . . but mentally unable to grasp the concept. . . . (retirement will never fully take hold).
or ??

It has never been my goal to "retire" and "retirement" was never in my vocabulary (nor my family's when I grew up).
so. . .I still can't grasp the concept of it. . . though by most measures. . I am "retired" . . but "dabble in work things".

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Re: At what moment does retirement begin?

Post by Miriam2 » Mon May 11, 2020 9:53 am

tetractys wrote:
Sun May 10, 2020 11:05 pm
For your retirement, at what moment will it, or did it actually begin? Maybe the standard time is midnight just as the date changes, like on the New Year. But since it’s YOUR RETIREMENT you can pick the moment, correct or not? I’m thinking my retirement will begin at sunrise on the first day. I’m planning on being up and awake for that. What are your thoughts for your retirement moment?
I would use the definition used by the Bogleheads Retirement Roll Call, which uses the definition of its founding mother, Lady Victoria 8-)

Lady Victoria's definition of "retirement" is = there is no strict definition.

According to the Lady, a Boglehead's inclusion in the Retirement Roll Call is based on self-reporting.

In other words, if you feel you are retired, even though you are still busy, doing temporary work, training your poor replacements for your irreplaceable position, engaged in easy work or a hobby, paid or unpaid or underpaid - when you feel you have punched out of the rat race - then you are retired :D

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Re: At what moment does retirement begin?

Post by 22twain » Mon May 11, 2020 10:53 am

I retired at the end of a year. Everybody at my college (except essential staff like campus police) went on vacation at the end of the week before Christmas. During that week I took all my personal stuff home, leaving only my computer. At 5pm on Friday, I packed up the computer and locked my office door. I was the only person left in the building at that point, so I also turned out the lights and locked the outside door before loading the computer into my car and driving home.

For good measure, on the way out, I took my name off the directory board next to the stairs, sticking the letters in alphabetical order at the bottom of the board.

That was my "moment of retirement."

However, I didn't really start to "feel" retired until January 2, when I would have had to go back to the office after Christmas vacation.

I did stop by the campus police office sometime during the first week of January, to turn in my keys. Somehow that didn't have quite the same feeling to it.
Last edited by 22twain on Tue May 12, 2020 10:30 am, edited 2 times in total.
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Re: At what moment does retirement begin?

Post by MDfan » Mon May 11, 2020 11:17 am

All I know for sure is that there is a zero percent chance I will see sunrise on the first day after I retire.

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Re: At what moment does retirement begin?

Post by Teague » Mon May 11, 2020 11:20 am

About two minutes after reading one of those early-FIRE blogs. Then, retired, you head out the door to your usual job but now call it a hobby or side-hustle or something like that.
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Re: At what moment does retirement begin?

Post by Murgatroyd » Mon May 11, 2020 11:30 am

The moment you truly feel free from the BS

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Re: At what moment does retirement begin?

Post by azanon » Mon May 11, 2020 12:12 pm

MisterMister wrote:
Mon May 11, 2020 9:33 am
azanon wrote:
Mon May 11, 2020 7:19 am
... If I wanted to work, I could find a job, and so could most anyone else. Granted, it might not be exactly the job you'd hope for or have the pay you'd hope for. I'm not sure even a major handicap could force me to have that mindset, given how many job programs there are for the disabled.
I am afraid you are living in the distant past, my friend (October, 2019 perhaps?).
Nope. Don't mind repeating - if all I wanted to do was get any job, it's literally a matter of time. Very very few exceptions here.

Give me an example of someone that literally can't get any job, and has no hope of getting any job months from now. I'm including delivering pizzas and mowing yards here, by the way.

Oh, maybe you're confusing unemployment with retired. Is that what happened? That was a response to someone that claimed to believe in a literal interpretation of "forced retirement". Maybe your current employer can force your retirement from your current job, but they can't force you to stay retired.

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Re: At what moment does retirement begin?

Post by abuss368 » Mon May 11, 2020 1:29 pm

tetractys wrote:
Sun May 10, 2020 11:05 pm
For your retirement, at what moment will it, or did it actually begin? Maybe the standard time is midnight just as the date changes, like on the New Year. But since it’s YOUR RETIREMENT you can pick the moment, correct or not? I’m thinking my retirement will begin at sunrise on the first day. I’m planning on being up and awake for that. What are your thoughts for your retirement moment?

What got me started on this was looking for a retirement countdown app. And I found a simple countdown app just for retirement; but rats!; it only lets you pick the day, not the moment by hour, minute, and second!
Retirement begins at some point in the future. Retirement planning begins the first day one starts working!
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Re: At what moment does retirement begin?

Post by truenorth418 » Mon May 11, 2020 1:35 pm

My retirement began on Friday, September 30, 2011, at 3PM EDT.

The day I walked out of mega-corp HQ for the last time was one of the best days of my life.

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Re: At what moment does retirement begin?

Post by GerryL » Mon May 11, 2020 1:53 pm

My retirement began 8 weeks and a few days after my last day of work.

I woke up the first morning of my 8 week sabbatical knowing that I was UNofficially retired. I was still on the payroll and had my work laptop set up on the dining room table. I knew I was still employed even though I felt no urge to check into what was happening at the office.

The original goal had been to use that last sabbatical to practice being retired and then return to work for about a year before retiring. But a few weeks earlier the company had offered a voluntary separation package that translated to getting paid for most of that planned final year. So I enjoyed my pre-retirement sabbatical and then, after the July 4th holiday, returned to the office for one day for a cake-and-ice cream farewell party and the exit interview. Handed over my work computer and had my badge de-activated.

I think knowing that after 21 years I could no longer stroll into any of Megacorp's buildings around the world was the moment my retirement began in my head.

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Re: At what moment does retirement begin?

Post by iceport » Mon May 11, 2020 2:09 pm

tetractys wrote:At what moment does retirement begin?
Well this is a fine way to bring back fond memories! :D I have so many vivid memories from the days surrounding my retirement, but it's harder than I would have expected to pin down the exact moment that I felt truly retired.

My retirement officially started on Saturday, April 1, 2017, according to the paperwork. And my last workday was a Friday, which felt appropriate. So I suppose the official start was at 12:01 AM on Saturday 4/1/2017. But when did it feel like retirement actually began?

There was the moment I dropped off my badge at the security desk and walked out to my car for the last time.

There was the moment 50 minutes later when I walked into my house with my box of belongings and mementos.

There was the next morning, a Saturday, when I woke up for the first time in 32 years without a job. :shock:

But if I had to pick a single moment when I felt truly retired, it would be the following Monday morning when I woke up without an alarm clock and realized I didn't have to rush off to work, unlike all the good folks I used to work with. It was then that I felt completely liberated from the job that had consumed so much of my time and energy for the last 30 years.

What a deliciously sweet moment that was.
"Discipline matters more than allocation.” ─William Bernstein

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Re: At what moment does retirement begin?

Post by ByThePond » Mon May 11, 2020 4:29 pm

My last official act on the job was a graduation ceremony.
At the end, as we the faculty exited to the strains of some pompous organ recessional, I was heard to be singing: " School's out for summer, school's out forEVER!" .
My colleagues found it highly amusing. I found it highly liberating.

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Re: At what moment does retirement begin?

Post by pahkcah » Mon May 11, 2020 5:18 pm

When I thought it was a Saturday...but it wasn't.

Took three weeks before I could figure out what day of the week it was. Until then, every day felt like Saturday.

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Re: At what moment does retirement begin?

Post by umk » Mon May 11, 2020 5:32 pm

After 19 years at the same company (without ever getting a single promotion), I turned in my laptop, corporate card and badge last Thursday 5/7/2020 around 11 am and walked out of the building without any regret. I am looking forward to my retirement and freedom. :beer

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Re: At what moment does retirement begin?

Post by bayview » Mon May 11, 2020 6:50 pm

umk wrote:
Mon May 11, 2020 5:32 pm
After 19 years at the same company (without ever getting a single promotion), I turned in my laptop, corporate card and badge last Thursday 5/7/2020 around 11 am and walked out of the building without any regret. I am looking forward to my retirement and freedom. :beer
Congratulations, and welcome to the rest of your life!
The continuous execution of a sound strategy gives you the benefit of the strategy. That's what it's all about. --Rick Ferri

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tetractys
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Re: At what moment does retirement begin?

Post by tetractys » Mon May 11, 2020 9:12 pm

Well uh it’s obvious to me I’m absolutely unqualified to return comment. But...

Wow you people! ALL your experiences are REALLY touching, let alone enlightening. Now I’m looking forward to my moment even more.

Still leaning to the sunrise thing; but definitely keeping in mind the seemingly infinite possibilities you’re all relaying!

Thumbs up!

P.S. Miriam2, Lady Victoria, I’ll be there.

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Re: At what moment does retirement begin?

Post by Normchad » Mon May 11, 2020 9:22 pm

In the past, I've been quite insistent that "being retired" means you are no longer working for money.

But, for this thread, I sort of already feel retired. I'm still working the same job I have had for 20 years. Decently high up and well compensated. But about 9 months, I "mentally quit". So I still go to work, do what I'm supposed to do, but I don't have the level of caring or desire that I would like to have. In a very really sense, I am "running out the clock".

So in. a real sense, I feel like my retirement has already begun. But I think it will really kick in to another level when either (a)I get fired for some some reason, or (b) February 2024 comes along and I quit for good.....

retiredflyboy
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Re: At what moment does retirement begin?

Post by retiredflyboy » Mon May 11, 2020 9:30 pm

Last day was December 31, 2012. So at 12:00 am on Jan. 1, 2013 I was retired. I rang in the new year as a new retiree! From a more practical perspective, when I left work on December 31, 2012 I was retired.
Facts are stubborn things. Everything works until it doesn’t.

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Re: At what moment does retirement begin?

Post by mcblum » Tue May 12, 2020 7:58 am

the last OFFICIAL moment was leaving the great party they gave me. REALITY was when the two of us, sitting on a restaurant patio, (Nepenthe, Big Sur)on a WEDNESDAY, at noon, drinking very large Margaritas, with chips and salsa. Free at last....

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Re: At what moment does retirement begin?

Post by Lalamimi » Tue May 12, 2020 8:05 am

Stressful oil and gas position - I kept a spreadsheet, too, that counted down to July 2016 (arbitrary 5 year plan). It came and went as we were so busy and I was only 62. I was laid off March 2, 2018 at age 64, very nice severance. Happy day, but also panicked - filed for unemployment, did a few interviews, after a few vacations. I finally decided in late September 2018 I was RETIRED!

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Re: At what moment does retirement begin?

Post by Dottie57 » Tue May 12, 2020 8:23 am

dbr wrote:
Sun May 10, 2020 11:29 pm
Technically I was probably retired at exactly the minute or so I handed my badge to my manager at the door and the door latched behind me. Yes, she literally collected my ID as I walked out the door with a handshake. I don't remember how we set exactly that day but I think it had to do with some shenanigans about 401K contributions, stock option grants, insurance or something and time of day was set when we both decided it would just be nice to do it.
+1

When I had handed all equipment, id badge in and walked out the doir.

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Re: At what moment does retirement begin?

Post by Dottie57 » Tue May 12, 2020 8:34 am

abuss368 wrote:
Mon May 11, 2020 1:29 pm
tetractys wrote:
Sun May 10, 2020 11:05 pm
For your retirement, at what moment will it, or did it actually begin? Maybe the standard time is midnight just as the date changes, like on the New Year. But since it’s YOUR RETIREMENT you can pick the moment, correct or not? I’m thinking my retirement will begin at sunrise on the first day. I’m planning on being up and awake for that. What are your thoughts for your retirement moment?

What got me started on this was looking for a retirement countdown app. And I found a simple countdown app just for retirement; but rats!; it only lets you pick the day, not the moment by hour, minute, and second!
Retirement begins at some point in the future. Retirement planning begins the first day one starts working!
Unfortunately I didn’t do that. Everyone should have plans and goals for retirement.

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Re: At what moment does retirement begin?

Post by abuss368 » Tue May 12, 2020 8:53 am

Dottie57 wrote:
Tue May 12, 2020 8:34 am
abuss368 wrote:
Mon May 11, 2020 1:29 pm
tetractys wrote:
Sun May 10, 2020 11:05 pm
For your retirement, at what moment will it, or did it actually begin? Maybe the standard time is midnight just as the date changes, like on the New Year. But since it’s YOUR RETIREMENT you can pick the moment, correct or not? I’m thinking my retirement will begin at sunrise on the first day. I’m planning on being up and awake for that. What are your thoughts for your retirement moment?

What got me started on this was looking for a retirement countdown app. And I found a simple countdown app just for retirement; but rats!; it only lets you pick the day, not the moment by hour, minute, and second!
Retirement begins at some point in the future. Retirement planning begins the first day one starts working!
Unfortunately I didn’t do that. Everyone should have plans and goals for retirement.
:sharebeer
John C. Bogle: Two Fund Portfolio - Total Stock & Total Bond - “Simplicity is the master key to financial success."

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Re: At what moment does retirement begin?

Post by Hockey10 » Tue May 12, 2020 9:16 am

Since my car was parked in the company parking garage which had an access card to get in/out, my boss and I got in my car and drove through the exit gate. I then handed him my ID badge and parking garage card, shook his hand, and drove off. That drive home was one of the most relaxing times of my life. :D

I had a similar feeling the day I got out of the Army. But, while driving home from Ft. Bragg, I got stuck in a massive traffic jam trying to get through Washington DC, which took some of the fun out of that day.

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Re: At what moment does retirement begin?

Post by RadAudit » Tue May 12, 2020 9:21 am

Normchad wrote:
Mon May 11, 2020 9:22 pm
I sort of already feel retired. I'm still working the same job I have had for 20 years. Decently high up and well compensated. But about 9 months, I "mentally quit". So I still go to work, do what I'm supposed to do, but I don't have the level of caring or desire that I would like to have. In a very really sense, I am "running out the clock".

So in. a real sense, I feel like my retirement has already begun.
It has. You are. Been there. (Except for high up and well compensated.) Done that. If all the numbers line up, quit now. The next four years will be the longest of your life.

It's been about 10 years now; but, as I recall, I spent the last year of employment doing other things - settling Mom's estate, waiting for junior to complete college, etc. - I wasn't really there. Wasn't fair to the firm and others.
FI is the best revenge. LBYM. Invest the rest. Stay the course. - PS: The cavalry isn't coming, kids. You are on your own.

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Re: At what moment does retirement begin?

Post by Portfolio7 » Tue May 12, 2020 3:00 pm

I am enjoying this thread. I am still a wage slave, so I can't talk about retirement...

But, I can say that I have not quite 2 years (633 Days, 10 hours and some odd minutes and seconds per my little retirement clock) until I am eligible for retirement from Megacorp... which is no great shakes, but at least it's something. Thank goodness I started my 401K as soon as I could. 6 years past that, our retirement savings "should" have grown enough for me to truly hang it up. The time depends heavily on a host of variables, so I'll be playing those 6 years +/- by ear.
"An investment in knowledge pays the best interest" - Benjamin Franklin

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