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Retiring in 2021 ........ Anyone Else?

Hi, all. It seems like quite a few of us TB'ers are either planning on retiring or have already retired this year. I am. 63 and have needed rotator cuff surgery for many years, which is not very conducive to installing blinds and shutters for a living. Time to collect a little SS and do something part-time after my physical rehab..... plus have more time to practice and play in our little band....while sitting down......for now.......I hope.........

Allrighty...... anyone else?

Sorry about your shoulder. I tore both rotator cuffs in my right shoulder two years ago when my musical gear fell off my dolly after a gig. Idiot that I am, I tried to catch it. Wrong choice. The only option they gave me was a reverse shoulder replacement.

I was informed those have a life expectancy of about 15 years. At age 68, age 66 at the time of the mishap, I really didn’t like the prospects of being in my 80s looking at another surgery or an unusable arm and opted out of surgery.

I’m no doctor, and please, Nobody take this as medical advice, especially with regards to your current condition. Outside of weakness lifting weights with my right arm of 5lbs or more above my waist, an occasional twinge now and again, and throwing fastballs is a no-no, that’s about it. At the present I have 90% of full motion range with no pain with just physical therapy.

As for retirement, I retired my position as a financial advisor March 2020. My 3rd retirement. Da wife retired 2 years before. We are comfortable living on our Social Security check. We are having a house built and this will be a cash transaction ( no mortgage) as our prior house was paid off a few years back.

I still gig with guys I’ve been working with since 1970. The band is in Pittsburgh, that pre-Covid-19, we were doing doing 10-15 concerts a year. We live outside of St. Louis so I don’t have stamina for a full time job. Who knows, I may get a seasonal tax prep job with H&R Block for some gear money next year.

Anyway, best of luck with your retirement plans.
 
Hi, all. It seems like quite a few of us TB'ers are either planning on retiring or have already retired this year. I am. 63 and have needed rotator cuff surgery for many years, which is not very conducive to installing blinds and shutters for a living. Time to collect a little SS and do something part-time after my physical rehab..... plus have more time to practice and play in our little band....while sitting down......for now.......I hope.........

Allrighty...... anyone else?


I am thinking about it.

Turned 65 in January and my employer makes less motivated every day.

Probably will make it till the Fall.

Funny, when I was younger, I never thought I would retire-times have changed and I would really enjoy just playing my bass, going on long walks and working out at the gym.;)
 
I'm 58 and would love to retire--I've got a bunch of other things I'd like to do such as play more music, travel, etc. But it's not realistic at this point. And I do have a job that I enjoy and isn't physically taxing, so I can't really complain--but as Joe Walsh sang, sometimes I still do.;)
 
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Retiring at the end of June at 67 years old.
I have been working from home for the last 14 months, which makes the transition more of a gentle glide, rather than a precipitous fall.

Spent the last 35 years in engineering at a WA state hydro generation plant, hence I'll be getting a pension and 401k/457 plan, with SS in a couple of years.

new download 610 041 (2).jpg




So, we bought 20 acres and are building our last house. With a music room!

Jonlars basses-a.jpg
 
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Y'all are motivating me to go and talk to a financial advisor ASAP! I'm 34, I don't/won't have a pension, and I would be shocked if there is still SS $ to withdraw by the time it comes time for me to retire.

Do it! I'm in my late thirties and in the last year and a half started taking saving money for retirement seriously. It's good to feel like I am being proactive.

It's hard to predict what the future will be like so my wife and I are investing in a few different retirement funds, as well as other stocks and whatnot
 
I retired at the end of 2019. Also was diagnosed with throat cancer at the same time. After chemo and radiation I was told I was in remission from the throat cancer in June of 2020. Yay. Unfortunately I was told at the same time that i also had colon cancer. Ugh. The throat cancer didn't spread, the colon cancer just developed independently. So they really got me coming and going. Surgery took care of that cancer and neither has popped their head up since, so it's all good.

All this was just in time to be in lockdown from Covid, which really didn't bother me much since I was already basically in lockdown because of the chemo and radiation borking my immune system up.

Also, I wanted to move out of NY and head south after retiring, but that's been put off because of everything.

Suffice to say 2020 sucked.

Anyway.... all good now. Get my second covid vaccine shot in a couple weeks and then I can actually move forward with my plans.

On the plus side, over the course of the last year I've acquired an NS WSV4 Radius and a 75th Anniversary Fender PBass (a present to myself self for just getting through the last year).
 
Ditto. Turned 50 at the end of March, and have 24 years with my employer. Not a dream job, but provides a good living for my wife and kids. Speaking of, my kids are 4 and 2. So... yeah, retirement probably won't be happening any time soon!
I waited a little later to get started with kiddos too. Mine are 9 and 12. Most of the people I went to high school with are about to be empty nesters if they aren't already.
 
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60 this year and no vision of retirement for me. I have an 11 year old at home so I am going until 65 or older.
Gave up giging in 2019. Didn't realize 2020 was going to be as bad as it was. My job in general is non physical so its not big deal. May move to a consulting gig or a part time gig with health benefits.
 
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If my options end up being nothing but dad/cover bands, I'd hang up gigging, but I think I have a lot more options than that, thankfully. I don't miss the late nights in bars thing that much, I'm focusing more on my ambient pedalboard and synth work. But they'll pry my Wal from my cold dead hands, and even then, not without a fight.
 
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Our company has a thing called early retirement* when you reach a certain criteria which for me is rule of 75 (age + years of service ) It's not enough to live on but helps with medical until SS kicks in. But far from retirement. I will be probably working till 70, so you have some money in 401K and then wait to die I guess. I spent early part of my life as an NGO volunteer and working for not for profit, so did not really save until early 30's (And they say you need 1 million in your portfolio so you can eat 3 meals a day after you retire). I am orphan so no inheritance and NM real estate won't net millions like in the coasts. I am not a boomer but part of the more invisible GenX (Seems tome that only boomers and millennials are the 2 mentioned :D ). We are not lucky as boomers so I don't really think we can rely on social security which takes a lot of your pay. It maybe bankrupt by the time I am 66. Too old to be a youtuber LOL

* Early retirement sounds nice but it also qualifies you as being layoff-able when the bean counters get their itch. Sorry that went depressing too quick. I am envious of you retirees or pensioners as they say in the UK/Europe.
 
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After 35 years in large corporate IT I pulled the plug at 58 in 2017 had enough. Been 3.5 years since I worked. Was still planning on working at something enjoyable after the first year off .... but ... then ... the wife brought home a puppy, then covid, etc, etc.

So now ... as the joke goes .... I've got nothing to do and I'm already behind schedule.

There was a comedian who did a routine about how life was backwards. Said you should pop out of the womb at 80 ... be given a
gold watch and told to get to work for the next 40 years as you grow younger. then enjoy a full retirement with your youth and health.
 
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Congratulations to all of you on your pending retirements. My Dad retired three years ago and likes to text me at 11 AM every Wednesday and ask if I want to go fishing with him. When I explain I'm at work his response is usually either "why?" or "oh well, I'm going without you." :crying:

At 39 I've got quite a few more years, but I have been contemplating the jump from government work to full time self-employment with my career. The benefits keep me hanging on. Maybe in 10 years when the youngest is 18...
 
68 in two weeks. Retired 3 years ago. No more working on fishboats and packers or writing in marine trade mags for me.

Relearned how to read both treble and bass clef in the past year, and played a lot more upright and electric bass (I have an electric upstairs here in my office, the upright in the living room and my fretless electric with the amps in the basement music room). Plus I'm building up a volume of memoirs I'm writing about growing up in a coastal village with only air and boat access in the 1950s and 60s. Gardening and hunting in season and playing outside with jam buddies when the weather is good. What's to whine about?
 
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