doxford jim
Veteran Member
- Joined
- Mar 29, 2007
- Messages
- 1,004
- Location
- British Columbia, Canada
- Tractor
- 1959 MF-65 sold, 2007 Jinma 554 diesel.
Hi Guys,
I am finding this thread interesting and am also retired.
I retired at 60 and was able to get part pension - got the rest when I turned 65 (three years ago).
I have a reasonable pension but rely heavily on the retirement funds I built up over the years. I need to draw around $25,000 each year on top of my pension. It does worry me a bit, but I have the equity in my property (I hope) and will probably sell in a couple of years depending on how things go.
I have never been so busy and so short of money, as I am now. Don't get me wrong, I am enjoying it and hope to continue for years to come.
Prices have gone crazy here in Canada these last ten years or so (I retired in 2005) and in many cases prices have doubled or more. It is/will be challenging but worth while. If someone can work part time then things will be much different. Those who cannot and have to live on pension funds only, will be in for a big surprise.
I suppose I am saying, if you can afford to retire go ahead and enjoy it. If your finances are not the best, maybe a part time job should be considered.
Thanks
Jim
I am finding this thread interesting and am also retired.
I retired at 60 and was able to get part pension - got the rest when I turned 65 (three years ago).
I have a reasonable pension but rely heavily on the retirement funds I built up over the years. I need to draw around $25,000 each year on top of my pension. It does worry me a bit, but I have the equity in my property (I hope) and will probably sell in a couple of years depending on how things go.
I have never been so busy and so short of money, as I am now. Don't get me wrong, I am enjoying it and hope to continue for years to come.
Prices have gone crazy here in Canada these last ten years or so (I retired in 2005) and in many cases prices have doubled or more. It is/will be challenging but worth while. If someone can work part time then things will be much different. Those who cannot and have to live on pension funds only, will be in for a big surprise.
I suppose I am saying, if you can afford to retire go ahead and enjoy it. If your finances are not the best, maybe a part time job should be considered.
Thanks
Jim