How Long Should I Work Before Retirement?

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I am 56 and I am hanging on to my job by a thread. I am hoping I can hang in there until I am 62. Or maybe until I'm 60 and try to wing it. Anyway I'm sick of wondering if I will have a job. I have a BA and two more years of college beyond that. I have always done "grunt work" I haven't been treated well. I'm in a state where I don't want to be. I moved to help my mother and I don't want to stay here until I'm 67. I won't be living alone in retirement--I'll have roommates. What good is higher pay if I'm to old to enjoy it. My mother retired at 62 and had 10 or 11 quality years. I'd hate to think what she would have had if she retired at 70. I want to be young enough to enjoy retirement. I plan to work part time for the early part of my retirement.

Shasta of CO 8:10PM June 15, 2012

I rarely participate in these comments, but I really have to share my story with 1 company which has tremendously helped me. I just turned 74, many obstacles have come in the way of my retirement including a divorce a few years ago which really hurt me financially, to be honest I had this feeling that my savings and SS income were not going to be enough. Months and months of research and dealing with big banks - nothing but a big headache and they wanted to charge an arm and leg - I was considering a standard home equity loan but then I started reading about reverse mortgages. Long story short, i found this company while searching online - reverse mortgage lenders direct - they were able to automatically compare lenders for me and quote me a fantastic quote. I am not saying you need to do a reverse mortgage (for me this has been excellent and recommendable) but if you do here is their number 877 700 0534 - you can find the site online search for reverse mortgage lenders direct.

patrichwilliams of CA 2:14PM May 11, 2012

Spoken like a person who has a long time to go before retirement. It should never be a money decision first, it should always be a quality of life issue first. If you retire at 65 and have $10,000,000 to live on but your quality of life is only estimated to be 5 years (look at your parents for help on this one) then just think _ I have $10,000,000 to really live for anothr 5 years? Adjusting your standard of living is the first and best approach to a long enjoyable life.

Steve Scukanec of CA 10:28AM February 13, 2012

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