I'm about to turn 64 and plan to retire "no earlier" than 67. My wife will turn 65 then and we'll both be on medicare. That gives us 3 more years to pay down our mortgage, build a retirement home and be debt free with a sizable 401k account. Me working a year past full retirement age will balance her retiring BEFORE full retirement age.
Only did all the calculations and planning within the last year to come up with the numbers that showed what it would take and when for us to live comfortably. What really precipitated it was that my wife met with someone from Fidelity at work who took all our pertinent information, assets, debts, income, etc and said she could retire THIS YEAR AT 62!
I said, "yeah sure but there'd be no cushion" in our living expenses to live the lifestyle we want. I don't want to be eating beans out of a can so I can retire tomorrow.
However, everyone's situation is different. My advice is to run the numbers, then consider your health, whether you like going to work at your job, family situation, what you plan to do in retirement, etc.
I'd bet that most guys on this forum will be very active in retirement, probably not many couch potatoes here (health willing).
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Buying your first tractor: The People You Buy From - by Chris Pratt. If you are a first-time buyer, chances are that you are likely to take the word of the seller on things. This is where the problems start... You have reviewed your implement needs and determined the size of machine that will fit the bill and even made a list of the most desirable models. You checked on the availability of a 3-point hitch for the machines on the list and advertised in your local classified paper with so
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.