Retired People: What Surprised You?

Funny. I was going to say I know lots of retired people and my advice would be to get a job. Then I thought, “don’t be a dick Brownski. Harvey is looking for real advice.” But it looks like my advice was spot on. Keep in mind nobody’s saying you need a second career. Go be a part time liftie at Gore. Work on weekends and ski on weekdays
 
Time is more important to me than money.
This idea has been my philosophy for a long time.

Essentially learned life skills and practical realities from my mother who was always busy doing stuff for fun or for others since she didn't have a 20+ year career. She was a professional researcher with a Ph.D., but knew how to enjoy doing stuff outside her field. Took a 2-year job in her field in her 60s after moving to NC. Wasn't looking for it, but a new neighbor led to the opportunity. Then decided to teach an Evening College course in a topic she had personal interest in that was totally unrelated to her degree. One of her volunteer activities was being a tax preparation volunteer for seniors for years, well into her early 80s.

I wondered what my father would do after he retired from being a chemistry professor at Brooklyn College. Being a Professor was fundamental to who he was for 40+ years. He essentially never fully retired. He always had a small writing project in progress. Initially he was a consultant but he wasn't actively looking for that sort of work. He developed an interest in vegetable gardening, which was a surprise. He always liked to take long walks, and kept that up for a long time.

If you take a ten year slice of life, I realized they are not all equal. The ten years from age 50 to 60 are likely a lot nicer that the ten years between 70 and 80. Maybe not, but in mind, this is likely. I did not want to wait.

I retired relatively early to be a more relaxed older parent, as well as to have more time to spend with my aging parents. My mother planned for my father's retirement years before he actually retired. I ended up living very close to them during and after college and grad school. Luckily they didn't need much extra help until after age 93 or so. They both passed at age 95 (two years apart) and were mentally sharp until the day they died. I heard stories from them that I wouldn't have heard otherwise. Especially from my father.

Luckily my health and fitness is probably better now than a decade ago. Given my parents' lifespan, I'm actively working to stay healthy and fit for another few decades. Getting into better shape for skiing after age 50 was good incentive. At the same time, my husband's long term medical issues mean that he does less than before. What works for us is that we have always had separate interests and I continue to travel without him, as has been the case for all of over 30+ years of marriage.
 
Regarding time" and "money" and the value of each:

• It's a (the?) primary issue when choosing when to retire.
• It's a luxury to be able to choose time over money.

If you can comfortably choose time over money, be grateful for it.

Not saying that choice isn't often the result of hard work, but clearly some luck was involved too.
 
You are retired... but suddenly you find all that FREE TIME you thought you would have really does not exist. I have been retired for close to 20 years. Both my wife and I retired at the same time. Definitely a bonus in timing. A grumbling 'got to go to work' spouse is not what you need to start your retirement. Another weird part of retirement is the reaction of others, both retired and unretired. At first you wear it like a badge and proudly say you are retired. And in mine and my wife's case retired and drawing a never ending pension. PENSION! In some circles you will find that is not something you publicly announce. And you have private health insurance... paid for! You quickly find you are not popular. Damn you for working for 35 plus years. You free loader!
Now back to FREE Time.... For some reason others want to fill in that free time. Why not join our 'group' we (Fill in the blank) every (????). You will learn to politely decline... after a few mistakes. Why not volunteer more? Of course you soon realize "volunteer' really means you are the sucker expected to organize the entire show, etc. Nope!
Travel was our first goal... We had the time and the $$$. And it was great fun. SO many places in Europe to see. Cruises to take. BUT travel when you are first retired is a whole lot easier than 20 years later. Now it is harder to find that 2 week block of FREE TIME to travel without having to reschedule multiple doctors' appointments. Sometimes we now half jokingly say schedule no doctor's appointments, or sicknesses, for the month of September! Never works but we do try.
But sometimes the FREE TIME does get taken up with good experiences. Take for example Little League baseball for our grandson. Two games a week for 6 weeks... no problem. Oh, but then there is All Stars for 5 tournaments. What... there is Fall Ball every Sunday until the snow flies! And that is only for a single grandson.
Bottomline.... Enjoy your retirement. And do not feel guilty telling a small lie or two to keep some free time for yourself!
 
• It's a luxury to be able to choose time over money.
True when it comes to large amounts of money. For instance, what it takes to stay slopeside at a destination resort over a motel plus rental car or taking public transportation for ski days.

But it's also a mindset. My husband (retired for over 10 years) will spend an hour or two on the phone disputing an issue to save under $100. I'd rather drive 15 minutes to solve a similar problem in person when the issue is with a local vendor.

My brother-in-law (husband's older brother who is a bachelor) once booked a flight that involved two stopovers instead of one that cost $50 more with only one stopover.

Not saying that choice isn't often the result of hard work, but clearly some luck was involved too.
Agree that luck is involved when it comes to having a financially comfortable retirement.

As they say, "luck is what happens when preparation meets opportunity." I never expected to join a startup company that would go public successfully or marry a man who was clearly going to spend his entire career as an IBM scientistt (pension after 30 years). More importantly, both of us lived within our means and only borrowed money for house mortgages. which were paid off in the mid-1990s.
 
We're building a house for at least 6 more months.

I'm sure I'll be needed for my expert opinions and advice. 🤠

Slightly more seriously, I'll be looking for ways to do more with NYSB.
 
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