• Dyskolos@lemmy.zip
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    1 year ago

    And here we slowly raise the age of retirement. Though it doesn’t matter much very often. My dad retired with 60 and died half a year later… What a waste. A life containing just work. He didn’t even know what to do with himself in that 6 month.

    I retired with 35 or so, and can’t imagine working again. I got more hobbies than time and don’t know the meaning of the word boredom. Would do it all over again.

    I do work voluntary stuff for sick people, that is way more fulfilling and meaningful.

      • Dyskolos@lemmy.zip
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        1 year ago

        I was self-employed right after school, did well, pay no rent. I’m fortunate. But i also don’t need much except my one expensive hobby (gaming and smarthome). I’m also a cheap fuck who doesn’t need big houses or fancy cars or silly branded clothes.

        Also: no kids… Biggest saver.

        • HeyJoe@lemmy.world
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          1 year ago

          Those hobbies don’t even need to be that expensive these days either… Just stay single, or if you do find someone make absolutely sure they align with your way of life otherwise I can guarantee your hobbies will look like nothing compared to what a partner can do. And absolutely never have kids… as someone who is now 40 with both those things I honestly don’t know how I will make it work even with working. I regret most of my life choices…

          • Dyskolos@lemmy.zip
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            1 year ago

            Oh right. Never have kids was on my list too. I have none. That alone probably saves tons of moneyz. And if I’d been single i would have saved a lot too. But a soulmate is the most precious thing to have.

            But hey. Don’t we all regret most, or at least many, life choices? In hindsight it’s always easy to say what we could’ve done better or should’ve avoided. If we would do all things right all the time, that would be highly suspicious 😁

        • klemptor@lemmy.ml
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          1 year ago

          Same here. I’m in my early forties and retired. Small house, no kids, and we don’t carry debt beyond our mortgage, which will be paid off in 3 months. Not a fancy or flashy lifestyle by any means. It’s possible, it just takes sacrifice and living well below your means during your earning years.

          • Dyskolos@lemmy.zip
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            1 year ago

            Probably also highly depends on WHERE you live though. But still. The “living below your means” is probably hard for the most. Because we (especially we dudes) are judged by our financial status. And hence we need to appear more flashy than we actually are. Like peacocks. I’ve seen sooooo many people living way over their means who spend more on clothes monthly than I do on a car. And they’re still poor. But poor in fancy clothes. Cars are even worse. The amount of obviously leased or heavily financed cars here is grotesque. Recently read the average (north-)American spends 1000 a month on a car. And 1/3 of those are 60days lacking in payments. Jeez. For what? Appearing richer?

        • novibe@lemmy.ml
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          1 year ago

          Ah… so I have to save 65% of my take home pay…

          That’s literally impossible though lmao. 35% of my income is rent. And I already pay way below market rate in my region.

          I have to more than double my income suddenly, and pray nothing becomes more expensive.

          Basically what you did was something only a very small handful of people can do. It requires a decent amount of luck tbh.

          • TechyDad@lemmy.world
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            1 year ago

            Yeah, my HR representative said I should be saving 15% of my income for retirement. I can’t even afford to save that much. By the time you deduct my mortgage, health care costs, food, and other necessities, I have very little left over.

            Maybe I could save 15% of my salary if I lived my life without anything enjoyable. No smartphone, no streaming service (even though I’m only paying for one and don’t have cable TV), nothing purchased at all to enjoy life. Just live a Spartan, barebones life. Maybe then, I could scrounge together 15% to save for retirement, but my life up to retirement would be extremely miserable.

            I feel like this advice was concocted by people making much more than I make. “So, when you get your $10,000 biweekly paycheck, put 15% of it away. See? So easy!”

            • Dyskolos@lemmy.zip
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              1 year ago

              Saving everything from today for tomorrow can be cool tomorrow. But it also zaps the joy of today. And imagine being dead a week after retirement or super ill. You’d kill yourself out of regret. Sure, saving is good, but enjoying the ephemeral pleasures of everyday is more important. IMHO.

              • TechyDad@lemmy.world
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                1 year ago

                And even if you can afford to enjoy tomorrow, there’s no guarantee that your body will let you. My parents were frugal as I was growing up - taking very few vacations. For various reasons, my father retired with very little money.

                Even if he had money, though, my father’s health has deteriorated. He lives about 3.5 hours drive from me and can’t make that journey. For him, even an hours’ drive is a lot and airplane trips are out of the question. Even if he had a decent retirement savings, he wouldn’t be able to truly enjoy it.

          • grue@lemmy.world
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            1 year ago

            You know I’m not the same person you asked, right? Given how few people use Lemmy, if there are two of us FIRE (Financially Independent, Retire Early) folks in this thread, maybe it’s more common and more feasible than you realize.

            Edit (with 4 downvotes so far): wow, even the gentlest suggestion that there’s a viable alternative to wage-slavery really generates the hate, huh? I sure would like to know what you folks’ objections are.

            • jpreston2005@lemmy.world
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              1 year ago

              What’s with the hate guys? I’m only living your impossible dream and telling you that if you weren’t an idiot you’d be retired at 35 too!

              • grue@lemmy.world
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                1 year ago

                Who said anything about impossible? All it takes is lowering your expectations on how much stuff you can buy.

                • novibe@lemmy.ml
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                  1 year ago

                  Bro I don’t buy anything. Most people don’t buy anything. They live paycheck to paycheck just covering the basics. The little I spend on not being miserable wouldn’t be even 1% enough to save to retire at 35. The only way for me to cut costs is to start squatting? Steal food from the supermarket? Idk. In Minecraft ofc.

                  • grue@lemmy.world
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                    1 year ago

                    They live paycheck to paycheck just covering the basics.

                    Let me guess: “basics” include expenses to commute to work in a car, right?

                    Well, for starters, don’t do that.

                  • Dyskolos@lemmy.zip
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                    1 year ago

                    I assume you’re in the USA? Can imagine it to be a lot harder there than elsewhere. Here you wouldn’t even need to work at all, as long as you’re ok with the very bare mininum like rent and food and stuff. A reason why we’re drowning in refugees. The more kids the merrier. Or work some hours a week and earn a lil extra with tons of spare time left.

                    How one could do this in the US on minimum, i can’t even imagjne. Sorry bro. But we all will catch up with your dystopia sooner or later…

    • Matriks404@lemmy.world
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      1 year ago

      I don’t mind working even in old age as long as it is at most 6 hours per day and when it actually contributes something to society.

      But yeah, hobbies are excellent way to get boredom out of life. To be honest I don’t understand people who use all their free time browsing Facebook, or watching stupid TV shows.

      • Dyskolos@lemmy.zip
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        1 year ago

        Aye. 4-6h a day in a MEANINGFUL job or 3-4days fulltime. That’d be fine. And as productive as 5 days fulltime.

        I don’t understand those either. Haven’t had a tv for 20yrs now. Never had an fb/tiktok/insta & co account either. But sure, after working 8-19hrs in retail, dealing with shitty assholes, I’d probably just watch tv too. No energy for anything else.