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Why work so long?
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<blockquote data-quote="Mugarolla" data-source="post: 1504445" data-attributes="member: 8481"><p>Agreed. I don't plan on it. You play the cards that you are dealt. I got a late start in life with the kids. First one didn't come along until 10 years into marriage. Didn't want an only child. Second one took 5 years.</p><p></p><p>But retiring at 50 is one of the reasons most of our pension funds are in trouble. Pensions were not set up to pay 30 plus years. The normal retirement age is 65 and the average life expectancy is 78.</p><p></p><p>Pensions are designed to pay 13 to 15 years, not 30 plus.</p><p></p><p>If I didn't have kids or had them earlier, I might work the system and retire when I'm 50 also. But the kids come first. College is expensive. I don't mind working to put them through school.</p><p></p><p>I eat breakfast with them in the morning, sleep when they're at school, spend 4-5 hours with them in the evening and when they get ready for bed, I go into work.</p><p></p><p>It's a real good life. I can foresee retiring at 62, but I will have 44 years in.</p><p></p><p>Life is good!!!</p></blockquote><p></p>
[QUOTE="Mugarolla, post: 1504445, member: 8481"] Agreed. I don't plan on it. You play the cards that you are dealt. I got a late start in life with the kids. First one didn't come along until 10 years into marriage. Didn't want an only child. Second one took 5 years. But retiring at 50 is one of the reasons most of our pension funds are in trouble. Pensions were not set up to pay 30 plus years. The normal retirement age is 65 and the average life expectancy is 78. Pensions are designed to pay 13 to 15 years, not 30 plus. If I didn't have kids or had them earlier, I might work the system and retire when I'm 50 also. But the kids come first. College is expensive. I don't mind working to put them through school. I eat breakfast with them in the morning, sleep when they're at school, spend 4-5 hours with them in the evening and when they get ready for bed, I go into work. It's a real good life. I can foresee retiring at 62, but I will have 44 years in. Life is good!!! [/QUOTE]
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