Don't retire at all.
Just reduce the amountg of work you do relative to your age and pysical strenght.
If you stop working completely, you will die earlier than you were supposed to. Try it and see. No kidding!
2007-12-17 19:02:10
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answer #1
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answered by Anonymous
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Retirement is not an easy thing to decide. You have to have sufficient support, especially now that people live a whole lot longer compare to the past decades. There will be times that your savings cannot cover up for the remaining years. The inflation rate itself will reduce the value of your money. For example, if you save 1000 today, the value of it will be around 800 after 5 years or so. This is why we should start an investment plan. Well, if you're in Hong Kong, I can help you do a financial health check.
2007-12-18 05:08:58
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answer #2
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answered by Anonymous
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I believe if you can, retire for a few years when you are younger. I did it at 45 and traveled and did all the physical things that I thought I wouldn't be able to do when I got older. I think for the mind and the body, taking only a semi-retirement when you are over 65 is advantageous. The longer you keep active, the better off you are.
2007-12-18 03:06:11
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answer #3
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answered by dallas 5
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If one is good about living on 90% of what one's net income is, and places the other 10% in a retirement savings account, a 401K or IRA or something like that, and does so in one's early working days, one can retire in one's 50s, more easily. Putting about 10% of one's 10% into precious metals e.g. http://www.goldline.com is a good hedge against inflation (the U.S. dollar has lost about 40% of its buying power, since 2000).
So keeping active, regular moderate exercise, good diet (no refined sugar, no drug abuse, enough rest, etc.) helps one be healthy, which is a really good way to be.
The Social Security retirement year is about 68 or 69 for Gen Xers.
You'd possibly enjoy "Soul Mates and Twin Flames," Elizabeth Clare Prophet, "Watch Your Dreams," Ann Ree Colton, "Expecting Adam," Martha Beck, "Sexual Force or the Winged Dragon," O. M. Aivanhov, and "The Reincarnation of Edgar Cayce?", Free and Wilcock.
Enjoy your work, whatever it is, treat it as valuable in God's opinion.
2007-12-18 03:25:38
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answer #4
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answered by j153e 7
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Stop working is different from retire
Stop working heavy backbreaking physically stressful jobs= 55 to 65. Some management concepts list the right age as 45.
Retire- case by case basis As long as your physical health is fine, your mental acuity is faultless, and there is something for you to do, keep working.
2007-12-18 03:31:46
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answer #5
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answered by QuiteNewHere 7
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Generally speaking,
Females- Retirement comes in two forms, either by working until she is qualified for her pension for life or by finding herself a rich husband.
Males- Retirement is immediately effective as long as he does not get married or have any children.
2007-12-18 04:14:51
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answer #6
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answered by Go For Broke 3
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65
2007-12-18 02:59:07
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answer #7
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answered by trustluvlove 1
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about 60
2007-12-18 03:08:19
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answer #8
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answered by iwong 2
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68.
Still work full time. Academic people never retire. Just die, when the time comes.
A senior colleague is 92. Still going strong with his studies.
2007-12-18 09:47:17
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answer #9
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answered by A.V.R. 7
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60 - males, 58 - females
2007-12-18 03:03:50
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answer #10
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answered by abra d 2
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