When will you retire?

Nurses General Nursing

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I can't imagine being able to do this job (floor nursing) until regular retirement age. At what age do you plan on retiring? Will you do some other type of work after nursing? If you had some other career, do you think you would stay active in it for a longer period of time than nursing?

I will be 38 yrs old when eligable but hope to work 6 months out of the year and live on a beach in Italy the other 6 months. Atleast in the military you can retire early all the extra non paid hours, non paid call, hassles, deployments etc pay off this way. about $2500/month 9 years from now.

J

Specializes in Oncology/ante/post Partum.

I worked in the Middle East for several years also as an RN and the salary was enough that I could save quite a bit toward retirement; also, if you stay for more than one year there are no Income taxes.... Several nurses I knew saved enough to buy houses outright for cash when they returned. ...seems as if you might be able to put a few of those $$ away...As for me, I am 55 years young now and intend to keep on plugging away until my batteries (or back) burn out...whichever comes first, then I will happily join Sue at her retirement home!!

Specializes in Critical Care,Recovery, ED.

We would all like to retire someday, probaly another decade or so for me. But several posters pointed out their knowledge about their retirement plans, wondering how many RN are up to speed on their retirement plans? What about med insurance if you retire before medcare eligibility. Curious about what per centage of income your retirement plan will give you. Mine is not good, maximum of 30% of pay after 30 years and at age 65.

Beestrong,

I knew some people who worked In Bosnia or Kosovo and made $70-80K K per year all taxfree as a cashier for nato. You go to a weird place for a year but you can rake in the $$$. Probably a good idea if you are a single nurse and want to pay off some loans or just have a nest egg.

Jared

Specializes in Oncology/ante/post Partum.

Wow, Bosnia, and Kosovo, well, I guess if you don't mind a war zone ; of course the Middle East is not exactly the quietest place on earth but I was in Saudi and there were very few violent incidents except during the war and that Khobar thing which targeted the military. I have a friend who went to Brunei and is making Very Good money there...again, no taxes. Check with some of the agencies listed in AJN, there are also a few in Canada. Why woud you have to work as a cashier? Don't they need nurses?

I might retire at the end of my shift tonight...lol

HI ALL. WHEN I STARTED AT MY CURRENT JOB I WAS TWENTY FIVE AND HAD ONLY WORKED IN SMALL TOWN NURSING HOMES AND MD OFFICE. I LIKED THE WORK AT THE LTC BUT WHEN I CAME TO VEGAS I GOT ON AT THE HOSPITAL IN REHAB. I HAD NO IDEA BEFORE THAT THERE WERE BENEFITS LIKE THIS AVAILABLE AT A JOB.IT'S COUNTY WITH UNION. WELL, NOW I,M 36 AND HAVE IN (11YEARS IN DEC 01). I WOULD BE 55 WHEN I HAVE MY 30 YEARS IN WHICH IS REQUIRED AT THE HOSPITAL WHERE I WORK. THEY HAVE BUY OUTS EVERY FEW YEARS WHERE THEY BUY OUT PEOPLE WITH ALOT OF YEARS IN ( FOR THREE YEARS ONLY). MEANING THEY MIGHT BUY THREE YEARS FROM ME AND LET ME GO. I CAN ALSO BUY TWO YEARS WHICH WOULD PUT ME AT 50. HAS ANYONE EVER BOUGHT YEARS FROM THEIR RETIREMENT OR HAVE ANY THOUGHTS ON IT. I DON'T KNOW IF THAT IS BETTER OR TO PUT THE MONEY INTO A SAVINGS. I THINK THEY TAKE IT OUT BEFORE TAXES AND TRUST ME I REALLY WANT TO LEAVE THIS PROFFESSION EARLY.

OHCANKHE---WE GET EITHER 70 OR 75 %AFTER 30 YEARS AT ANY AGE.

Originally posted by BeeStrong

Wow, Bosnia, and Kosovo, well, I guess if you don't mind a war zone ; of course the Middle East is not exactly the quietest place on earth but I was in Saudi and there were very few violent incidents except during the war and that Khobar thing which targeted the military. I have a friend who went to Brunei and is making Very Good money there...again, no taxes. Check with some of the agencies listed in AJN, there are also a few in Canada. Why woud you have to work as a cashier? Don't they need nurses?

sorry. I didn't mean to imply to work as a cashier when you are a nurse. But if they pay that well for a cashier nurses would probably make even more. We see civilian employees catching military planes all the time to work for nato. They don't put them where the fighting is, so it is safe for the most part. I didn't mean to imply that you were in a war zone either. I wasn't very clear on my last post.

I hear people complain about nursing pay all the time (and usually they are right to). But there are some high pay options out there to people who are willing to sacrifice a little.

take care,

Jared

Probably die before i retire, as long as I'm not in this Godforsaken state i really wouldn't mind kicken when i'm in my mid 60's. Gettign DNR tattooed on my chest when i get to the big 60, 36 years or so from nowish :eek:

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