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I expect to retire ...

Displaying poll results.
... at age 35 or before.
  730 votes / 2%
... at age 45 or before
  1256 votes / 4%
... at age 55 or before
  3110 votes / 10%
... at age 65 or before
  7395 votes / 24%
... at age 75 or before
  5193 votes / 17%
... sometime after age 75.
  2568 votes / 8%
... Never!
  6516 votes / 21%
Ask me after I get a job.
  2986 votes / 10%
29754 total votes.
[ Voting Booth | Other Polls | Back Home ]
  • Don't complain about lack of options. You've got to pick a few when you do multiple choice. Those are the breaks.
  • Feel free to suggest poll ideas if you're feeling creative. I'd strongly suggest reading the past polls first.
  • This whole thing is wildly inaccurate. Rounding errors, ballot stuffers, dynamic IPs, firewalls. If you're using these numbers to do anything important, you're insane.
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I expect to retire ...

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  • by schlachter (862210) on Thursday April 17, 2014 @01:23AM (#46776749)

    When I see ages like 75 and never, I wonder if these are people who don't want to stop working, or people who financially can't stop working. My grandfather is 92 and still choice.

    • by Yaur (1069446) on Thursday April 17, 2014 @02:43AM (#46777011)
      I can't imagine that there will be a time in my life where I'm going to want to stop building stuff. I might "retire" and work on my own stuff or FOSS or something, but can't imagine that I would retire as in not work on something constructive. My dad is in his 60s and is the same way so I'm expecting that attitude isn't going to change.
      • by dargaud (518470)
        Haven't you ever noticed that plenty of retired people "never have time" when you ask them to do something ? They are always busy doing things. Well, not all of them, but those who had an active life and maintain it afterwards. Between fixing the house, the garden, building things, antique stores, ebay, hiking/biking around, etc...
        • by amiga3D (567632)

          That's how I view retirement. A chance to do the things you want to do. Not sit on the fucking couch and wait to die. If you enjoy what you do it's not really what I call work. Work is drudgery.

      • I'm retired, now, partially because what I do best, tech support, has all been outsourced. However, I do like the feeling that there are people who's day is better because of me, so I'm active on various web-forums and mailing lists devoted to community support for the Linux distro I use (Fedora). In some, small sense, it's a "working retirement."
    • by khr (708262)

      When I see ages like 75 and never, I wonder if these are people who don't want to stop working, or people who financially can't stop working. My grandfather is 92 and still choice.

      It's a money issue for me. I screwed up by not saving money starting earlier in my career, so I have nothing to fall back on once I start working. I'm still not doing a good job saving money, despite knowing I probably should.

      • by tompaulco (629533)

        It's a money issue for me. I screwed up by not saving money starting earlier in my career, so I have nothing to fall back on once I start working. I'm still not doing a good job saving money, despite knowing I probably should.

        It's a money issue for me, too. Unlike you, I DID listen to the HR people who told stories of millions of dollars if I just put away a few hundred a month for 40 years. Well, so far I have been putting away 300 to 400 a month for 25 years, plus matching, and right now I have maybe $150k. I guess If I continue for another 25 years I might have $400k, which will be the equivalent of about $100k in today's dollars, which would be good for about a year or two. Basically each 25 years you work buys you about tw

    • When I see ages like 75 and never, I wonder if these are people who don't want to stop working, or people who financially can't stop working. My grandfather is 92 and still choice.

      Agreed. Really there should be reworded to "When do I want to be financially independent." Personally I don't want to retire. I enjoy work and the sense of accomplishment that goes with it. Traveling is fun and I do it three or four times a year, but I enjoy my businesses. Why would I sell my businesses that I enjoy and make wonderful money at?

    • by Demonantis (1340557) on Thursday April 17, 2014 @12:54PM (#46780343)
      My grandfather started pumping gas part time once he retired. He had to stop when he physically was unable to continue working. He fell one day and messed up his shoulder really bad. We, the family, are still convinced he finished pumping for the customer before seeking medical attention. I think it is all about the mindset of the individual. Some people love to work. It gives them purpose.
      • by tompaulco (629533)
        My grandfather was in his late 70s when he had a heart attack from which he died a few days later. He never retired.
    • I prefer to think of retirement as when I don't need to work in order to be able to afford a comfortable lifestyle. Approaching that point now. A couple more good years from the stock market and work becomes optional; not necessary. On the other hand, I actually enjoy doing software development and may keep working for quite some time after I "retire." The only obstacle I see is that a lot of managers can't deal with having someone working for them who doesn't desperately need the job and is therefore n

    • We we can use republican logic.
      If they didn't plan for retirement, that means they want to work until they die.
      Just like all those people who want to be poor.

  • by El_Muerte_TDS (592157) on Thursday April 17, 2014 @01:48AM (#46776829) Homepage

    What am I'm going to do after I retire? Go fishing? I will probably continue developing software, because that's much more fun.

    • by SQLGuru (980662)

      I already code as both a job and a hobby. I'm in the same boat -- when I retire, I'll still code. The difference will be what I work on.....and if I need cash, I can always pick up short-term gigs.

      • It turns out I only want to code about 25 hours a week. I'd like to spend more time either outdoors or in my workshop.

        • by SQLGuru (980662)

          If you only want to code for 25 hours a week, just join a large company. You'll be in meetings for 25 hours a week and have to work 50 hour weeks to get all of your work done....... :)

  • There is nothing so rewarding, to me, as to code and design software. Why would I stop ? Why would I suddenly let all that joy cease and become a vegetable at age 60-something ? Slowly moving, with 20 years experience as of this year, into consultancy is my preparation for the future. The retirement money I put into my European state's national retirement scheme can serve other people - I want to die in the harness.
  • by bobthesungeek76036 (2697689) on Thursday April 17, 2014 @02:09AM (#46776911)
    Can't wait to kiss ITIL, Six Sigma, and all that BS goodbye!!!
    • If your life is so miserable that you can't wait till the few years you have left on earth (where health problems may prevent you from spending whatever nest egg you've saved on fun, or perhaps take it) perhaps you should consider a different career.

  • Define "retire". (Score:2, Interesting)

    by Anonymous Coward

    Is it when you stop doing productive work? When you stop working for pay? When you stop working for enough pay to live? When you stop having to do it, rather than just doing it by choice?

    I've never had to work, so in a sense I'm always retired. I do a lot of free coding and IT work, though, because I find it fun (it's surprising how insulted people are when you tell them that you'll do work for almost nothing, but oh well). I've also collected three or four degrees over the past decade, because the subjects

  • So actually one of the biggest problems facing the retirement industry is the increasing age of death.

    50 years ago, the actuarial tables of mortality went to 100. All annuity and life insurance payouts were based on them, and it assume all the population would be dead at 100. If you were lucky enough to live to 100, your life insurance policy would "mature" and you would collect the value of it, tax free.

    These days, thanks to increases in medical care, too many people have been living past 100. So they'v

    • The benefits of longevity is concentrated on those wealthy enough not to need a pension. People who do manual labour do not have a longer healthy-lifespan. Therefore they either die, or are too broken to work.

      The idea of able-bodied pensioners jaunting around spending their children's inheritance is a myth, such a lifestyle is limited only to those wealthy enough not to quality for pensions; and thus not subject to increased pension qualification ages anyway.

      The "entitlements" bullshit is peddled by the ver

      • Forgot to add:

        We simply haven't budgeted enough for that sort of retirement

        That's a myth too. The crafters of the US pension trust fund weren't stupid. They built fairly conservative actuarial assumptions into the system, and we haven't exceeded their assumptions. (IIRC, the rate of actual lifespan increase is below their assumption.)

        What they didn't allow for was the zeroing of growth of median wages, combined with the cap on contributions from the wealthy. They assumed a distribution of income fairly similar to when they created the modern system, or that we'd be s

  • Too poor (Score:5, Interesting)

    by rbanzai (596355) on Thursday April 17, 2014 @05:48AM (#46777459)

    I'll never be able to retire. Never made enough money, and never had enough, early enough for a useful 401k. Two bubbles bursting killed what little I was able to afford to put away. My parents technically didn't retire either, they just got too old, sick and tired to keep working. Unlike them I have no kids to help support me so when it's my turn in the next few decades I'll be out on the street.

    Social Security my ass.

    • Re: (Score:2, Informative)

      by Atmchicago (555403)
      That's exactly why we have Social Security - it forces people to put aside money so that, no matter what, they have something by retirement.
      • by erice (13380) on Thursday April 17, 2014 @01:52PM (#46780979) Homepage

        That's exactly why we have Social Security - it forces people to put aside money so that, no matter what, they have something by retirement.

        It does no such thing. Social Security forces working people to pay for the retirement of those born earlier. While there are rules that require paying in in order to collect, those rules have little to do with where the money comes from and the actual dollars you pay in have nothing to do with the amount you collect. What you collect depends on how much money is coming in at the time you collect and politics. There isn't any "no matter what". You always get out of Social Security whatever politicians can and are willing to give. Population demographics means that if you are post-Boomer you will likely pay a lot and get nearly nothing.

      • Re:Too poor (Score:4, Insightful)

        by tompaulco (629533) on Thursday April 17, 2014 @11:19PM (#46785147) Homepage Journal

        That's exactly why we have Social Security - it forces people to put aside money so that, no matter what, they have something by retirement.

        Or looked at another way, it prevents people from putting aside money that they could use to earn interest and multiply their money and not have to be dependent upon government money. Instead, it rewards them with a fraction of what they put in when they retire.
        If government mandated that you take a certain portion of your income and invested it for your retirement, that would be awesome, but that is not what it does at all.

    • by geekoid (135745)

      A) SS isn't going anywhere, nor is it in fiscal jeopardy
      B) You have no kids. You should the putting a hell of a lot more money away.
      Talk to experts.

      • by hendrips (2722525)

        Yes, Social Security is in jeopardy. Do people who say this not realize that the actuaries who actually administer SS (the OASDI trustees) give out a nice handy report detailing the status of the trust fund every year? Obviously, their projections aren't going to perfect, but I'd be more inclined to trust them than random people on the internet.

        From the OASDI Trustees Report:
        "Annual cost exceeded non-interest income in 2010 and is projected to continue to be larger throughout the remainder of the 75-year

  • Never! (Score:4, Interesting)

    by mlk (18543) <michael.lloyd.le ...> on Thursday April 17, 2014 @06:29AM (#46777607) Homepage Journal

    A mix of bad decisions and really awful decisions mean I don't see how I'll ever be able to retire. :(

    Which is bad, but what is worse is Development feels like a "young persons game". Rarely do I see anyone over 45 (not far off) coming for an interview, so I've got to move out of what I enjoy (creating stuff) and move to the next level (stopping other people from developing, err, management). :(

    • by Splab (574204)

      It is sort of weird, not sure where old programmers go.

      When we had our last round of hiring, oldest applicant was 38 (and got hired) - in my earlier jobs I can't recall anyone over the age of 50 applying; I guess programmers of the 80s and early 90s where so uncommon and all have matured to management - or given up on keeping up and found a new career?

    • by davecb (6526)
      I was born when dinosaurs walked the earth, and got an excellent job at a startup.
      "Live like you'll die tomorrow, learn like you'll live forever" - Mahatma Gandhi
  • by microTodd (240390) on Thursday April 17, 2014 @08:01AM (#46777903) Homepage Journal

    I'm sure a lot of people who said "Never" are because they can never afford it. Cue gripes about economy, job market, politics, etc.

    But for me its because I enjoy working. The dean at my last college was a retired CPA. At my last job several of the retired engineers still booked consulting hours. Barring any medical issues I hope to stay busy and active my entire life doing something I enjoy.

    • Similar, but I haven't saved enough...pfft, I haven't saved any. I make a ton of money by today's standards, but still live check to check. In a few years when I have my cars and IRS debt paid off I will start saving, but that won't be for 2 and 3yrs on the cars and 6yrs for the IRS debt. However, it doesn't bother me. I work between 50-60hrs/wk some time at the office, some time at home. I am sure I am working myself ragged and will die just inside my 40s or 50s, but at least I'll die while working ti
    • by geekoid (135745)

      well, by retiring I take it to mean not sitting at the stupid cube and being able to do what I want. whether that's surfing, or doing some fun consulting work.

      • by microTodd (240390)

        Why are you not doing "fun" work now, instead of sitting at a cube? Become a consultant now. Telecommute and work at the beach.

        I made the change about 2 years ago. Left corporate cubelandia and created my own company. Its a shit-ton of work but a LOT more fun. And I've got two school age kids and a stay at home wife so I'm the sole breadwinner. Everyone thought I was nuts. But so far its turned out ok. Yeah its risky but so is life.

  • Missing option (Score:5, Interesting)

    by Smivs (1197859) <> on Thursday April 17, 2014 @08:13AM (#46777967) Homepage Journal
    I've already retired :)
  • I am not the entrepreneurial type, but I get offers for side projects all the time... I would never do them if my livelihood depended on it, because I am just too risk averse, So I will work a "straight job" until I have a big enough nest egg to retire, then I will start working on fun projects (or you know play video games in my underwear till I die, more likely) but the plan is "retire" into non-corporate work.
  • off the oscilloscope knobs.

  • Used to be social security in the US, you could retire at 65. Now... 62... but you get a third or more less monthly. 67 gets you your "full" amount, but if you wait till 70, you'll get more.

    So, enjoy your jobs, and your bosses, and let's not forget that we have to spend for overpriced crap, so that CEOs can get their increasing millions, y'know. It would be *such* a hardship on them to pay what we pay in taxes, and maybe we could go back to retiring at 65 (oh, and opening up jobs for you kids....)

    • What does "social security" have to do with anything? I'm a "20-something" and plan on retiring 10-15 years from now on just the assets I save myself. If I eventually get social security, well that's just a bonus.

      (The hard part is not the lack of social security; the hard part is the shitty job market. Since my wife and I graduated college 5 years ago, at least one of us has been unemployed at almost any given time. We've learned to live on less than a third of our fully-employed income -- which is coincide

  • by Jaywalk (94910) on Thursday April 17, 2014 @12:32PM (#46780163) Homepage
    I'm defining it as when I have enough saved up that I don't need the income from working. Whether I actually stop working or not is another matter. After my dad "retired" he was an associate professor, headed up two startups and participated in SCORE []. Eventually his health made him slow down, but he made the decision based on what he wanted to do, not on his bank balance.

    A bit of advice to you young folks from one of the old farts: do the math. The "rule of 72" is that dividing 72 by your interest will tell you how many years (roughly) it will take to double your money. At 10% it doubles every seven years, at 7% it doubles every 10. Tossing even small amounts into a 401k now will give you a lot more cash at the end than throwing in a lot more later in life.
  • But will I? I dunno. I mean, I love playing around with computers and t-shooting, etc. Kind of like I am right now -- except getting paid for it. Yes, being able to knock off the zillions of books on my "to-read" backlog would be nice, and maybe finally getting a degree in... something. Perhaps learn some languages, and do some traveling. But I'll have a month's vacation by then, anyway, so I'm not sure I'm willing to "work at home" instead of "work at work." (And, oh yeah: my company doesn't mind me

  • by Cro Magnon (467622) on Thursday April 17, 2014 @01:58PM (#46781055) Homepage Journal

    I'm already too late for the first two options. In theory, I could retire in my mid 50s, which is drawing dangerously close, but I don't think I will. I should have enough by mid 60s, assuming Congress doesn't raid my 401K, Social Security still exists, and the entire economy hasn't collapsed. Hmm, now I'm depressed. :(

    • by evilviper (135110)

      I should have enough by mid 60s, assuming Congress doesn't raid my 401K, Social Security still exists, and the entire economy hasn't collapsed. Hmm, now I'm depressed. :(

      Hell, my retirement plan DEPENDS on the world economy collapsing!

      I'm stocking up on shotgun shells, shiny bits of metal, and cans of pork & beans.

  • by erice (13380) on Thursday April 17, 2014 @02:02PM (#46781097) Homepage

    Given the volatility of the job market and age discrimination, I will probably "retire" when it becomes clear that I will never get another job. I hope have enough saved up to survive when that happens but I'm not real optimistic. There's a good chance that much of everyone's retirement savings will evaporate as economy rebalances to the inequity of too many people not working and living off of "investments" and not enough people actually producing.

    • by amiga3D (567632)

      Haven't you heard? Everything is all better now, I saw the Whitehouse press spokesperson saying the economy is recovering nicely. It must be true, never known those guys to lie.

  • .. I can't afford to retire, I'll be working until I'm dead.

    Does dying count as retirement ?

  • by geekoid (135745)

    not Never! more like never :(

    Stupid finance companies collapsing and taking my money.

  • Already Retired (Score:5, Informative)

    by DERoss (1919496) on Thursday April 17, 2014 @08:10PM (#46784227)

    I retired about a month before my 62nd birthday. I delayed taking Social Security until my wife retired 2.5 years later; she delayed to a month after I started. Instead, we lived on our investments and her meager wages. She had to continue working so that we would have group health insurance through her employer. Then, we paid for continuing her health insurance via COBRA (about 6 months for me and 18 months for her). This was all per a set of spreadsheets that I developed to determine the optimum time to retire and how to finance it.

    We are now in our early 70s. Our retirement investments continue to grow faster than we spend them. Until this year, we did not even spend all the dividends and interest. I expect that, by the end of this year, we will again have underspent our dividends and interest.

    I manage our investments myself, relying on mutual funds. Of course, this means I am really relying on the managers of those mutual funds. However, the choice of which funds and how much to allocate to each is my own choice. For anyone interested in my investment philosophy, see my [].

    We have a very comfortable retirement. No, I was not a corporate executive, entertainer, professional athlete, or hedge fund operator. For my entire career, I either created or tested software, primarily for use by the U.S. military to operate its earth-orbiting space satellites. No, I did not work for the government; I worked for defense contractors. (See my [] for a brief history of my career.) Our retirement is successful because I understand investing and choose to be somewhat conservative (despite my liberal politics) in how I handle money that might have to last another 30 years (being from a family that is very long lived).

...there can be no public or private virtue unless the foundation of action is the practice of truth. - George Jacob Holyoake


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