Retirement

Obviously I don't know your commuting expenses but if you go on the train to work could you work shorter days and go in later and use your senior railcard, on off peak fares, so each day is cheaper and if you cut down the number of days you only pay the days you work.
Obviously if you drive not applicable. But you would no doubt have fewer miles to drive if you worked 3 days rather than 5 for example, and if you wholly retired you could drop the commuting element from your car insurance

Amy, you have a few months before you retire so use them wisely to plan what you are going to do. If you are concerned about money why not explore whether there are any little part time jobs close by or think about something you could do on a self-employed basis for a few hours a week, housework, book keeping, ironing, pet feeding or babysitting are just a few things that come to mind. Could you invigilate exams or teach a hobby at Adult Education classes, are you handy with a needle so could offer alterations? However, from my own experience, you may well be surprised how well you manage. You don’t need to buy expensive ready meals and you need to spend less on clothes and many restaurants and other businesses offer discounts for pensioners plus you’ll get a bus pass and reduced rail fares to name a few. If you find you can manage then why not look for some voluntary work to keep your mind active. Good luck, you will enjoy being retired and wonder how you ever had the time to go to work.

I retired at the normal retiring age, but carried on just less than part time, until I was 73,I enjoyed it so much and missed my work friends a lot in the begining,that was five years ago, and I have now settling down and resigned to the fact I have nw retired, and I am enjoying life.Good luck to Amymorris 01

My Partner will be 70 in February, and until lockdown had no plans to retire. He was furloughed in April, and realised being at home all day was not as bad as he feared, as he has kept quite busy with cycling, gardening and DIY. So he is retiring in November.

Although I loved my job (teaching) it had become more difficult and bogged down with paperwork, and once I had retired, I loved it.
If fares are a big outlay, part-time work may not be economic, but you can save money in retirement by cooking from scratch or growing your own veg.
You might be able to get a part-time job close to home, though the present climate may not help with this.
There were lots of cheap or free activities to fill your time with U3A and other retirement groups, though Covid has curbed there too. Check with your local library for these.
You will wonder how you ever found the time to work!

Oh I wish that I could retire - at 62 I have at least 5 more years to go before I'm pension age .
I was made redundant 5 years ago and apart from a temp job where I was made to feel like an idiot because there was not one day that I didn't do something wrong for 7 months, I have not been able to find a permanent job despite 14 years in customer service and admin! They tell you that "you have lots of experience that any employer would be happy to have"
Just to be able to retire and be able to do what I want to do as and when without the feeling of someone looking over my shoulder and checking up on me, would be heaven!

BluePuzzleWalking. I agree with you entirely. My friends BIL was ill with cancer and was hoping to last to draw his state pension sadly he died a month before he could claim it.
Its not the giving up work not feeling useful stuff that brothers me its more financal,But my DH has helped me work out all this and I know money-wise I will be ok. It just seemed a big step to take if I dont have to. I will be 66 in jan and I think that I dont want to die in work so im convinced now after reading all the helpful posts that im really not that worried anymore. You cant work forever you deserve some down time I think. Also if I get bored I can always try to find a little job even if its non paid.

I had to retire (actually dismissed without pension for disability and being unable to fulfil my contract of employment) at age 53. Itwas hard at the time but the upside was that I was able to accommmodate my necessary limitations. 16 years later I still suffer severe chronic pain and other health issues, but my life is my own - I’m not constricted by work commitments. So my advice is to retire now and enjoy life, because your health problems may escalate and you will have lost the capacity to undertake activities you had looked forward to doing in retirement. PS - it’s not true that work defines you/gives you purpose/is necessary for your wellbeing.

If you are someone who loved work (which I did) you will miss the feeling of achievement and satisfaction, even if you are happy you no longer commute or get up early. My suggestion is that you try to reduce hours or days, so you have a gradual slide rather than an abrupt change.

Look about you for projects to replace work. Local politics did it for me originally and then I developed a community project which absorbs me in a way my last years at work did not. Fortunately the fear of being useless kicked I when my last child left for university ,so I already knew I needed to be involved in something bigger than myself to be happy. I tried a post graduate course as did many of my male friends, and I also joined a choir, a book club and took up a little gardening. All fine but nothing as good as a volunteer project which will leave a legacy for others when I'm gone. As Erica Jong once said. Get ready to be eighty three my dear.

I had a full-on job and held copious amounts of information in my head that had absolutely no use to anything except that job. I worried about what would fill that void in my head when I retired. I felt lost for the first 6 months or so, not sure where I fitted in.

Then, whilst listening to a friend who had recently lost her husband, I recognised many similarities with what she was describing about her loss, and suddenly realised that I was grieving too - not for a lost partner but for my job! That was so liberating! I knew grieving would come to a natural end (and it did) but I just had to bide my time.

Be prepared for grief, but don't mistake it for regret.

I went part time for 6 years before fully retiring, gradually doing less paid work hours year on year but taking on voluntary caring responsibilities for my elderly parents and my young grandson so I still felt useful. I also began to create a social life for myself and so was ready to leap into proper retirement in January this year. There have been times I regretted retiring and briefly considered applying for work. However I am now used to fitting a lot less into my days, but enjoying what I do do more because I can concentrate on it rather than be planning what I have to fit in later that day.
A 62 year old friend of mine died last week. She retired at 60 because she was feeling ill and was diagnosed with Alzheimers. She therefore had only a very short period when she was well enough to enjoy her retirement with her husband.
So if you can manage financially on your pension, retire and give it a go. If you don't like it you can always try looking for work again. You've got nothing to lose by trying retirement now. But if you don't retire and your health does fail you will miss the joy of being free to go out and do what you want whenever that comes with retirement. I think that would be a bigger regret on your death bed than retiring too early.

Amymorris, are you able to perhaps get a part-time or reduced hours job so that you don’t go straight from full-time to nothing? This could ease you in gently. I did exactly that and it helps financially and keeps me sane.

I found it important to have a little structure ie at least one planned activity a day during the week so that weekends still felt 'special' if you know what I mean. That worked well for me until the dreaded lockdown.

I wish I had a job to retire from. Despite having a very good education, I never ever worked, because my exhusband was a very high paid professional. He said I would never need to work.(Culture warning!!!!) ..wanted me to stay home and bring up the kids. I had three and don't regret a second of that. But now, divorced, (had a fairly reasonable settlement including alimony), and quite lonely, really. Children have their own lives. Also, the fact that I am dependent on his cheque every month is quite demoralising. This is why, we should teach our young women to follow a career and be independent.

I retired in January this year, well paid but high pressure job.
It takes a while to ‘wind’ down but after 3 months, got bored and found a little part time job which I love and don’t miss the pressure of high flying and never having time for anything or anyone.
As others have said, you certainly don’t need or spend so much money either.
Covid-19 has been a real blow to all of us mind but there’s life after work. Good luck.

I am 60 and still working. But I asked My employer if I could go down to 4 days a week and draw down some of my pension. The idea was to get some freedom and time back and have some long weekends away. It was all agree and signed off. And then lockdown happened!

I like my extra time off but realise I do need some structure in my life so am going to rethink the retirement thing. Not sure I could retire full time.

I retired 2 years ago after working over 25 years as TA in an infant school. Decided to retire as I found that my heart wasn't in it anymore for various work related reasons. For the first few weeks it was lovely knowing that my time was my own.What I began to miss though was the routine and structure to my day, even though I only worked half day for the last couple of years there. Seeing grandchildren more often is a bonus, but am yet to find something that makes me feel "fulfilled". Voluntary work is a good idea, but locally it is mainly working in charity shops. I need to be more active than just being at home reading a good book or pursuing a hobby. Maybe when the Covid situation eases, there will be more opportunities.

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I went part time at 60 once my NHS pension kicked in and then retired fully at 61 and a half ( don’t forget the half ... lol) the day before my daughter gave birth to my first grandchild. I found I was really busy helping her right up until lockdown and then I got bored. Have ended up going back to work doing bank work during the pandemic to keep me occupied and it’s certainly helped and added a little bit of rainy day money to help keep me going until I get my state pension at 66 in 2 1/2 years. Am back now helping with child care so will probs only work to November, I m lucky I can pick and choose shifts, and then I ll re retire hopefully for good. Everyone is different and if you ve been used to being busy it’s just about finding things to motivate and interest you as you move into the next phase which can be really exciting xx

My job was quite physical and kept me fit, I believe.
However, since stopping work, I have had far fewer of the minor aches and pains that I had thought were all down to age.

could someone tell me how to how to post a thread on here please?
I am adding this to another persons message as I don't know how to do it

I retired 8 years ago at 62 to look after a grand baby till she was 3 years old... It eased me into retirement so that when we returned in 2015, to our own home several hundred miles away and I discovered that our joint pensions came to the same income as I'd had from my job, which we had been living on for the past decade, I decided not to seek further employment of any kind. It's just as well because I had a cardiac episode in 2016 which necessitated my having 3 stents implanted in my heart... The road to recovery was slow but I have plenty of friends her and my DH of half a century(!). I have never been bored... I couldn't have continued working as a social worker anyway with so few resources to offer and the changes to the benefits system. It would have destroyed me...

I love retirement took early retirement know too many people who worked until they dropped and that was not for me, I now enjoy travelling going to theatre, concerts, cinema. There is many ways you can get free tickets to events so it does not cost a package.

Thanks everyone so glad you all enjoy your retirement it makes me feel a lot better.
Hope you feel better too Chris3.
I now feel I can look forward to my new non working life. I know I wont miss the commute into London thats for sure and only have to answer to myself... oh and DH sometimes? Hugs!

The only down side to retirement is that time passes much too quickly!