What age do you plan to retire?

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Yesterday I got pulled to another floor due to low census. I had a patient that was 80 years old. I was told in am report the wife of the patient was also a nurse and I thought "okay she is retired right?" Well later that morning as I was taking care of him we started talking about nursing and how it has changed through the years. She told me "I'm a nurse in the ER(at another facility)." She looked pretty good for her age and then went on to tell me she just celbrated her 50 years at being a Rn. She graduated in 1958, she was 75 and planed to work at least another 10 years!!! I really do love being a nurse but my goal is retire early at 55 and enjoy my retirement. Anybody else plan on working into their 70's? I have known other nurses in their 80's but never someone that worked full time in a progressive trauma ER. I guess I'm not that energetic.

Well I'm 23 now and the way the economy is going I hope to retire by my 100th birthday!

Hahahaha same here! But on a serious note..I don't plan on fully retiring. I'd like to work part time. I hope to go back to school in a few years and get my Master's in Nurse Anesthesia and hopefully become a CRNA and work till the day I die hahahaha.

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Specializes in Peds, PICU, Home health, Dialysis.

I am still very young but I plan on pursuing medicine and I figure I will be done and out of my residency/felllowship mid-to-late 30's. I think practicing medicine until 60 is a good age. I absolutely LOVE to travel, thus I plan to put a lot of oney away that will let me do that during my retirement years.

And unless an 75 year old is in good health, I actually think it is fairly dangerous to work as a floor nurse. Not necessarily for the patient but for the nurse as well. There is a nurse that works at my hospital on the IMC floor -- she has been a nurse for 40+ years (she is in her late 60's) and she can run circles around any young new grad.

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I am still very young but I plan on pursuing medicine and I figure I will be done and out of my residency/felllowship mid-to-late 30's. I think practicing medicine until 60 is a good age. I absolutely LOVE to travel, thus I plan to put a lot of oney away that will let me do that during my retirement years.

And unless an 75 year old is in good health, I actually think it is fairly dangerous to work as a floor nurse. Not necessarily for the patient but for the nurse as well. There is a nurse that works at my hospital on the IMC floor -- she has been a nurse for 40+ years (she is in her late 60's) and she can run circles around any young new grad.

I wouldn't pick 60 for the magic age of anything.

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Specializes in Peds, PICU, Home health, Dialysis.
I wouldn't pick 60 for the magic age of anything.

I am not picking the exact age of 60, but I would love to shoot for the age of 60 or mid 60's.

My partner and I have already started putting money away for retirement and I am only 24. I have watched a lot of Suze Orman (haha!) and she has said over and over again that if a 25 year old starts putting a $100 away into different accounts (Roth IRA's, other retirement accounts, etc.) that they will easily have well over a million dollars by their early to mid 60's. Next year I plan to start putting away far more than that a month.

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i'd like to retire by the time i'm 40.

that 15 yrs can't come soon enough.:rotfl:

leslie

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Specializes in Home Health, Internal med. Urgent Care.

Ok I'm 58 now........Now this is a subject I've thought a lot about. Tomorrow I start my first day of working per diem. I am hoping to work to 65 since Kaiser will cover my medical IF I am in a benifited position when I retire. By working per diem now I'm hoping I will last. I've aches and pains that a 5 day schedule seemed to make worse. :grn: I think I can do it That's a cute message Judi Ann......Are you really bored???? Yikes!!:eek:

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Specializes in ER, PCU, ICU.

One of our RN educators is 71 and she's still going strong. She's something of an icon/legend in local EMS and acute care circles.

Was my plan to retire at 55. Doable, but I've got to bust me orifice a bit more than I have been lately. At my current pace, it'll be more like 65.

I'm 39 now.

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Specializes in Onco, palliative care, PCU, HH, hospice.
:saint: I plan on working until the day I die, which with my family's medical history I'll be lucky to reach 30!
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Specializes in Hospital Education Coordinator.

I think I would get bored if I was home all the time so I hope I can at least work part-time after the medicare kicks in.

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I have watched a lot of Suze Orman (haha!) and she has said over and over again that if a 25 year old starts putting a $100 away into different accounts (Roth IRA's, other retirement accounts, etc.) that they will easily have well over a million dollars by their early to mid 60's. Next year I plan to start putting away far more than that a month.

Well, here's been our experience with that. My husband and I married fairly young at around 24 yrs old, and started putting away the $150 or so per month for 15 years. We didn't get the million, but what we did have was enough to qualify for and buy a nice house in a nice neighborhood. We've also been able to put our kids through private schools and I was able to stay home and take care of them and that was really nice.

Now that our oldest is in college, that "nest egg" is about depleted. (maybe about $100Kor so before we got into the expensive time of our lives). BUT, we haven't had to deplete any other savings, still have good jobs and we can start building up again once she's out of school (i.e., we survived the college years well and didn't really suffer any ourselves or have to sacrifice much).

So, we could have had that million, but also decided to have three kids.

So, I think savings IS great -- it will allow you to have a more comfortable life in your middle age -- believe me. I'm glad we lived frugally in our 20's and 30's and didn't try to show off and outspend all our friends. Where we may be millionaires is when our kids are grown and we can finally save the cash for ourselves. Trick is not to have kids who continue to live with you and spend all your money!!

The trick is also to always live within your means -- something that not too many seem to do these days.

At one time, my husband drove a rusted-out Yugo to work -- but we were banking some $1500 a month into savings. ;)

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Specializes in Family Nurse Practitioner.
I am not picking the exact age of 60, but I would love to shoot for the age of 60 or mid 60's.

My partner and I have already started putting money away for retirement and I am only 24. I have watched a lot of Suze Orman (haha!) and she has said over and over again that if a 25 year old starts putting a $100 away into different accounts (Roth IRA's, other retirement accounts, etc.) that they will easily have well over a million dollars by their early to mid 60's. Next year I plan to start putting away far more than that a month.

Good for you! DH and I also save a large portion of our income but sadly we are in the minority.

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Specializes in ICU.

with no health care benefits after retirement (a travesty to health care professionals) i'll have to work till i die......will i be as competent as i am now?...i doubt it but will i have a choice?......NO :cry::mad::angryfire:angryfire

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