It comes down to you. It's a risky decision to retire. If you read and believe the investment, stock, bonds, and 401K blogs, they say you'll need X amount of millions of $ to retire and maintain your desired lifestyle. Most people just aren't there. Portfolio be damned.
Life expectancy is a huge issue too. In my past profession from which I retired from, life expectancy after retirement averaged at 2 years. It was a stressful job. I got out because I hope for a couple decades of operating my Kubota in tractor therapy and it's joy.
If you love your job and it doesn't tax your physical, and most importantly stressful well being, do it until your 80!
As other's have mentioned, don't stop doing things. It will give you motivation as well as mental and physical health.
i worked with so many in my past retired profession, that said that when they retire, they're going to sit in the chair and watch Captain Kangaroo and do nothing. (Sit on the beach in Cancun and drink beer, actually). "Enjoy it"! They said.
But, that's not for me. I retired buying a new tractor and lots of land and an agenda to stay busy. Who's better off, time will tell.
Life expectancy is a huge issue too. In my past profession from which I retired from, life expectancy after retirement averaged at 2 years. It was a stressful job. I got out because I hope for a couple decades of operating my Kubota in tractor therapy and it's joy.
If you love your job and it doesn't tax your physical, and most importantly stressful well being, do it until your 80!
As other's have mentioned, don't stop doing things. It will give you motivation as well as mental and physical health.
i worked with so many in my past retired profession, that said that when they retire, they're going to sit in the chair and watch Captain Kangaroo and do nothing. (Sit on the beach in Cancun and drink beer, actually). "Enjoy it"! They said.
But, that's not for me. I retired buying a new tractor and lots of land and an agenda to stay busy. Who's better off, time will tell.
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I am actually having fun because I don't have to deal with the not so fun parts that were part of my life as a tenured full prof and although I retired very comfortably, I can't say no to a great salary offer. So I will probably do this for maybe 3 years before going back to full retirement. I am only going to be on campus a couple of days each week and my compensation is below the limit that would require me to pause my pension and go back to full faculty status so it is a nice situation.