Is 50 to young to retire?

I'm trying to talk my husband into retiring next year so we can play and travel. I think its the perfect age because you still have a lot of good health and energy. Still young. What do you think? Yes I have enough money if I want to spend it but i dont want to wait until 60. If I didnt have the money I wouldnt even be thinking about it. thats not an issue. and we wouldnt be sitting around We would be traveling and playing.

Public Comments

1. i think its too early. Wait till you're 60. If you feel its time to retire and you're financially secure, do it and retire! If you're not sure yet, work a bit longer.
2. wait till u hit 60
3. if you can afford it, then definately go for it.
4. If I could afford it, I would!
5. Do you have enough money?
6. no age is too young as long as you can afford it....
7. If you an afford it,why not?
8. Not as long as you can keep busy, my dad did and then 6 months later went and bought a business. Good luck
9. I think 40 should be when everybody retires...thats just me!!
10. i think it sounds like a plan. 50 isn't too young to retire.
11. Most would love to retire at that age. If he has enough money outside of retirement accounts, he could.
12. a little too young i mean he has 15 years left but if he does retire then who is going to pay the bills??
13. It depends on your money situation. If you can afford it, sure, I would do it, but if you need cash, work another 5-10 years
14. i think it is a perfect age too because if ur 60 u don't have that much of life ahead of u but 50 u do!
15. When I am 50 I would love to be able to retire.
16. Yes, only because then you just don't do as much. My grandfather is 96 and still alive and healthy i think it keeps you healthy and modifates you. But if he hates his job then he should take up a new career. And start fresh
17. that age is too young to retire just coz ur old u cant giv up ur career come on enjoy ur career and also dont u wanna earn money for a good living
18. I think it's a great age if finances are secure. That way you still are able to travel and enjoy many activities! Go for it and enjoy your time!
19. retire when your ready. my grandpa's 81 and he hasn't retired so its your choice.
20. It is the perfect time to retire and do the things that you might not feel like doing when you get older. My sister-in-law retired at 50 and so far has really enjoyed doing many different activities.
21. If you can efford it, try 30 FCOL!
22. If you can afford it, go ahead! Who wants to spend their waking days working and doing something they really don't want to do? Nobody! Hell, i'm hoping something good happens to me so i can retire at 30!
23. depends, main questions to ask our are you ready ? financially, physically and mentally for such a change. and if so go for it and if not then work a little longer and have good retirement whenever it happens =) ...
24. I think it's just the perfect age to retire because you still are a little young and that gives you plenty of time to do bunches of things you've always wanted to do like go traveling and have fun! It's all part of life!
25. I think 50 is too young in my opinion. Your husband still has many years before him and he might get bored if he doesn't have a purpose like a job. Plus, a job is a great for social interactions and without the job, yout husband might get extremely bored (and sloppy!) without one. Try waiting until like 60, or a few years before. :)
26. Yes i agree i think when men and women get to 50 they should retire. Because they are still have there health and they need time to go place and see people you haven't seen in a while so I think that is a great time to retire.
27. lots of people retire then. Think about it, teachers only have to put in 20 years before they retire, and if you start when you're 23, then you'd be 43! Tell him to hang loose and retire, if he wants to keep working he can always work, but you can't get back lost time! And you're still young enough to go out and do things that won't be as easy 15 years from now.
28. I don't think anyone is too young to retire, if you can afford, and have no need to work any longer more power to you, its not a question if your too young to retire, but more like are you financially stable enough and are you ready to retire, if i could, i would retire at fourty.
29. Well, you have to be sure that he'll enjoy retirement, because the true enjoyment of retirement comes from not having to work so much, and if he still feels the need to work, then he needs to stay. Also, when he finally retires he has to have plenty of things to do to fill up the time he usually worked in, because otherwise he'll feel like he has too much time
30. If you are financially secure AND he hasn't any unfulfilled ambitions or dreams (work wise) that can still be realized go for it. At 60 you will in any case still be young enough to do whatever you're planning to now.
31. only if you can't afford it otherwise get a bumper sticker saying "were spending the children's inheritance"
32. I think it's the perfect age to retire. There are also some studies which shows that the remaining years in a person's life shortens the later he retires...so retiring at an early stage is still better than retiring late and not be able to enjoy the fruit of your long and toilsome labor
33. Yup, thats too young actually. But it is ideal in the sense that you guys d ohave plenty of energy to do stuff you never had the chance to when working like bungee juping, mountain climbing etc. go for it! if it means spending more quality time with loved ones then im all for it
34. Not if your debts are under control and you have adequate income. But you will likely need to remain occupied in at least an avocation or two.
35. If your finances are good. AND you have things to do--By all means retire. If you are going to get bored after a few years---you should probably wait. Retirement should be the time you get to do all the things you could not do because of other commitments. Not a time to sit around and be bored wishing you had something to do.
36. i think u make a good point!
37. Not if you are comfortable financially. It's time to reap the benefits of years of hard work. And being young enough to enjoy it is an added perk. Too many people work till 60 and later, but are too tired to do anything fun anymore. Get him to retire and enjoy life and each other!
38. It's not too young unless you got the financial freedom already. By financial freedom, I mean that you don't need to worry on how you're gonna pay your bills, food, etc, because you have some sources of income other than from work. This could be reach if you already have some diverse investments, such as saving accounts, mutual funds, bonds, stocks, etc. However, when you retire, make sure you keep your self busy and exercise your brain, otherwise you'd become dull and get sick easily too. I'm planning on to retire in my 30s. It is possible, I'm building up my financial freedom portfolio already, and I'm only 20.
39. Like a lot of people are saying. Funding is the biggest issue. Most people at 50 still need time for their nest egg to mature. If you start spending now, especially with expensive plans like travel you need a lot more money. If you have enough money that you could never possibly spend it, it is a good Idea. But if that is not the case, if there is any doubt he should keep working until you are 100% ccertain you will be OK. Life gets a lot more expensive as you get on past your late 60s and you can probably expect to live until at least 80, maybe 90s. I would recommend you consult a financial adviser.
40. No-Not if you have enough money to do it-I think it would be good to do it will you were still young and can enjoy everything and each other..
41. what makes you think one must retire to travel the best time of vacation is when you breath in hold your breath and get ready to exhale no such thing as to wait to breath its freedom DO IT NOW CHILD drag him but do it !! DONT WAIT to choke your self !!TEQILLA IT RIGHT TO THE WORM !!
42. Please ask your husband to take a long break instead of retiring. It is because, if one retires it will be difficult for him if he wishes to work again. Retiring at an early age may also cause depression for some. If he is financially sound then its ok to retire at the age of 50. There are lots and lots of places to be seen on this planet earth.One has to be healthy to travel a lot. So take a wise decision. Cheers, Anand
43. No I did and its great. Go for it.
44. Unless I get some big bucks coming my way in the next 7 months, Yes it is for me! If you are able to do it financially Go for it!!! Merry Christmas!!!
45. No it's not. I didn't have a choice but now I don't know how I ever found time to work because my life is so full and busy. The main thing is to make sure you have health insurance coverage.