The Lounge is rated Safe For Work. If you're about to post something inappropriate for a shared office environment, then don't post it. No ads, no abuse, and no programming questions. Trolling, (political, climate, religious or whatever) will result in your account being removed.
You nailed it. Most of my co-workers make near or over 100k, yet complain about money. Many have multiple bankruptcies, divorces, foreclosures, and whatnot. Yet the parking lot is filled with luxury cars and suvs; all financed.
One thing about America is that since healthcare costs are so high, it is difficult to retire before 65. I will be able to, but looking to live abroad in a less expensive country where a minor hospitalization doesn't wipe out years of savings.
unless you were fortunate enough to inherit a ton of money or managed to save a lot via a successful business, there is no real expectation of retirement.
But, there is another way! I've known way too many people who have retired on disability, or faked on the job injuries for a settlement/annuity. My younger brother retired at 48 yo from a super easy govt. job due to arthritis and my brother-in-law retired at 52 with a knee injury that had nothing to do with his job.
As for myself, I'm 51 and have been in software for almost 20 years. I really don't see myself retiring before probably 65 or so. (based on IRA performance) Even after that, I can see myself piddling with personal projects and probably hanging out here in the lounge.
Yes, but still managed to put our 2 children through university.
Nish Nishant wrote:
that you live in a low-cost town
That's kind of a misnomer. Usually folks who live in cities with higher costs get paid more. I've lived just south of Chicago my whole life, I could earn more $ if I worked in the city but I don't need the hassle.
"Progress doesn't come from early risers – progress is made by lazy men looking for easier ways to do things." Lazarus Long
wELL, i RETIRED AFTER HAVING A STROKE AND HAVE BEEN DEVELOPING PROJECTS EVER SINCE. sOME HAS BEEN FOR MY OWN AMUSEMENT, SOME HAS BEEN DEVELOPING PRODUCTS TO MARKET AND SOME HAS BEEN PROJECTS THAT CLIENTS HAVE COMMISSIONED. I'm still trying to decide what I want to do when I grow up.
When I was getting ready to retire, I also went back to grad school, which I'm finishing now after a 3 year delay due to my stroke!
When I stop working, it will be when I physically and mentally am not able to .
Until then, I've still got lots of copde to crank out and products to develop and languages to learn!
CQ de W5ALT
Walt Fair, Jr., P. E. Comport Computing Specializing in Technical Engineering Software
If you have somebody telling you what to do and when to do it means you are an employee:
- even if it's 'only part time'
- even 'on a contract' where they stipulate when and/or where you work (basically it's just part/full time work on a contract rather then on payroll)
Employed: 'we need you for X hours a week/on call, your tasks will be: X, Y and Z [to be completed by this-date]'
Retired: 'we need X, Y and Z, interested?' and you reply: 'give me a X months and I'll do X and Z.' (or alternatively you offer that to them before they ask.)
Signature ready for installation. Please Reboot now.
Programming is my hobby and I will code to the day I fall dead on top of my keyboard.
I am with you. For the last ten years, I have driven to Waco to play with my hobby for eight hours per day. The best part – they actually pay me for it. Unfortunately, they do not pay me well for it – I am working for a ".org" and a great pay scale is just not in the budget.
When I go home at night, I get to play rancher — the herd and the chicken flock have to be checked, watered and if Nature is not cooperating, fed. I get to relax and walk where I can almost totally turn off the sounds of civilization. My nearest neighbors and the nearest road are a tenth of a mile away. The nearest major road is a quarter of a mile away. The nearest highway is two miles away. These distances are all "as the crow flies." It really is, as the song goes:
The stars at night are big and bright, deep in the heart of Texas.
Retirement??? Do you know how the farmer and rancher retirement party begins? The minister stands up, calls for silence and intones: "Dearly beloved, we are gathered here to celebrate the life of ...." In all seriousness, at Farm Bureau meetings, I am one of the "young guys" and I am almost 70!