<p>Coffee was the hardest thing for me to give up when I was pregnant (of course I never smoked, and don’t drink much, so not certain fair comparison). I would mix half/regular and half/decaf so I could have two cups in the morning.</p>
<p>[How</a> high will the retirement age go? - - MSN Money](<a href=“MSN”>MSN)</p>
<p>I can’t see 80. Aren’t half the men dead before 80?</p>
<p>"“We added a whole new step in life. We’re going from a two-step model – save while working and then live off the savings – to a three-step model,” Tresidder says. In the new model, “You work like a dog, save a nest egg . . . you reach some point of ‘enough-ness’ when you’re comfortable with the amount you have saved. Then you launch an encore career.”</p>
<p>Oops. This should be in the cafe.</p>
<p>My former manager “retired” but he’s still working three days per week. He’s in his mid-60s, has three pensions between him and his wife and he’s in pretty good health. He does not need to work but we do need his help and how long can he spend doing hobbies?</p>
<p>62.4 for me! And now I’m working 9-10 hours a day for free, and barely have time to post! (I had to take a four-day vacation in Oregon to get away from my retirement.)</p>
<p>Mid-60’s…
Maybe… it depends on the hobbies. Looks like the guy fits the new profile.
I have a friend that is still working as a lawyer. He is my oldest friend. 
He is 79 and is older than my mother. </p>
<p>62.4…mini, I thought you were older than that. 9 to 10 hours a day. I guess it helps when you love what you are doing.</p>
<p>I work with a woman who has got to be in her 70s. She’s the receptionist at a medical practice. She is good at her job (she works part time). I find it inspiring.</p>
<p>If allowed, I’d love to work to age 101. That way I’m now young still.</p>
<p>I think circumstances come into this. If a person’s/family’s needs change, good workers often “discover” that they can “retire” to the new circumstances … or keep working past their planned retirement dates. I know a lady like the one LBowie describes. Good at her job, great to have around. It wasn’t money that kept her coming in each morning at 7:00 AM.</p>
<p>Life expectancy for someone born in the US in 1935 (the year Social Security was implemented) was 60 for males, 64 for females. For someone born in 2010 those numbers are 76 and 81. Social Security was never meant to pay annuitants for several decades. The system would be fine if the normal retirement age had been indexed to life expectancy. </p>
<p>Federal government is implementing a “phased retirement” wherein employees take partial retirement while working part-time for additional years that will count as time in service. I expect it’ll be heavily utilized.</p>
<p>It’s a complicated issue. For persons with physical jobs, for persons with family histories of early death, for those lacking extended families, etc. indexing SS to “median life expectancy” simply means SS loses its function as a social safety net. (Of course that’s only true if one grants that the purpose of SS is to be a social safety net.)</p>
<p>It depends on how “retirement” is defined. DH has worked for his company for 31 years. He is 53. He is really burned out with the job and we want to live somewhere else. His plan is to “retire” from current job but not before finding new employment in our desired location. We are not planning on social security benefits but will need health insurance which his company does not provide for it’s retired employees anymore.
Many of his older coworkers retired only to find that they couldn’t afford outrageous insurance premiums and are now back working for their old employer on a contract basis so they can afford to buy insurance.</p>
<p>When I started work at my law firm, there was a whole group of guys turning 40. So now the last of those has turned 65 and no one has retired. A few left the firm to go in house, and then came back for a few years on a part time basis. The firm used to make equity partners withdraw from the partnership at 65. We keep voting to up the mandatory retirement age.</p>
<p>I’m planning to retire at 66 1/2 which will be when I can (theoretically at least) collect full SS. Coincidentally that will be right at the 15 year mark if I stay at the company I work for now. Well see…</p>
<p>My Dad owned a business and didn’t retire until his mid 70’s.</p>
<p>Hoping to retire at 60 and be a consultant/ contractor.</p>
<p>My father just retired this past July and he turned 79 yesterday. He was working full 40-50 hour weeks as a pharmacist for CVS. They wanted him to stay on longer. If retirement (or my mom) doesn’t kill him he may go back part-time to administer vaccines in their Minute Clinic.</p>
<p>I also expect to work 'til I drop. But that’s because my husband and I were each primarily self-employed most of our careers and I have only recently been working for a company with any retirement benefits. Funding for retirement depends entirely on our ability to grow savings at this point.</p>
<p>My plan for 3 steps is
-work at what you love (I have changed proffession, did not like my first on) at the place that you love (I am at my 9 place and it is the best). Love what you do to the point that not many other things as entertaining as your job.
-save 401k while working
-continue working until they kick you out while collecting both salary and minimum distribution checks form 401k. Huge advantage is that your current 401k does not have to send you min. distribution and you can roll others (previous ones) into your current one if you want to avoid minimum distribution all together.<br>
I do not see anything wrong here, while I realize that I might be kicked out before I want to go, but not much I can do about it.
I am thinking about USA presidents that can be over 70, there is no age restriction there. This job has much more responsibility and much higher stress level than any other job.</p>
<p>I agree Miami. Every time I see Hilary running around the globe, I think what the heck, if she can keep doing her job, I can certainly do mine. I think the secret is that I really like my job(s).</p>
<p>My father died 37 yrs ago, my mother 3 yrs. I will be thrilled if I make it ten more yrs, in which case I will be almost 65.
I was self employed, but haven’t been able to work for about 3 yrs. H however is doing pretty well at 57, and his parents are in better shape than I am, in their 80’s. Perhaps traveling around to casinos keeps you young? ;)</p>
<p>My husband is going to retire at 55. I’m planning 65-ish. But who knows? My BIL was a meticulous planner, did everything right with an eye to retiring at 62. He was dead at 57.</p>
<p>There is a woman in my office, a paralegal, who is 82 and has had a stroke a few years ago. She is slipping/has slipped very badly in terms of physical ability and mental acuity. It’s very sad and I don’t wish that on anyone. I don’t think she works because of the actual paycheck, though, but I could be wrong.</p>
<p>My H is retiring at the end of this year at 60. Next year he’ll continue on a contract basis for a year but just has to be at the end of a phone. We are looking forward to it very much. We both have board positions and community work that we will continue to be involved in. It will be nice to have more time, and fewer restrictions, on when we can spend time at our second home, on when we can travel. More time with our children and grandchildren, and extended family. More time for hobbies. More time with each other. Three more months!</p>