What Would You Like to Do after You Retire?

Just wondering. I'm thinking retirement is overrated. The lack of things to do and meeting fewer people scares me. Also I'm not rich enough to travel each month, covid or not.

Comments

  • +9 votes

    As soon as I have enough money to retire I will, unfortunately, that will be a long way off yet except if I win the lotto or get lucky on crypto which both are unlikely to happen.

    I will travel as much as possible and possibly take up some new hobbies, all I know is there's no way I'll continue working for "the man".

    • +4 votes

      Pursue my hobby that is in my mind. But my hobby relates to my job (minus the boss)…

      • +8 votes

        (minus the pay as well)

    • -4 votes

      @onetwothreefour…….. I'll continue working for "the man"

      What about for "the woman"?

      • +16 votes

        The wife is the worst boss. She doesn't even pay you.

        • +1 vote

          She pays you in some other form. ☺️

          • +24 votes

            @io: If you're referring to sex you're obviously not married or you have some unicorn wife :)

            •  

              @syx: I read a lot about this in this site (having less sex after marriage). Is is a pun or real nobody really knows. Sad if that is the case.

              • +7 votes

                @io: It's just like any other long term relationship. Familiarity breeds contempt. Add in kids and full time work and it just kind of snowballs. Have to work on it and maintain it.

                • +5 votes

                  @initiateit: By the time you fall into bed after all that you are too tired. Also, with a brace of kids you realise what it leads to.

                  The first year is pretty good but.*

              • +1 vote

                @io: In actual fact married couples on average report having sex more often than single people. It's just that everyone loves to complain about the quality, lack of variety and even lack of frequency. I guess it's because everyone sees themselves as a sex God, and everyone else even mildly desirable as in their waiting room

              •  

                @io:

                Is is a pun or real nobody really knows.

                Everyone who is married knows.
                Don’t believe me? Get married :)

        • +2 votes

          Maybe she will allow me to get a motorbike? :P

  • +6 votes

    Probably fly my own aircraft around the country. Having said that, I love my job and never will truly retire even if I win lotto overnight.

    • +14 votes

      Find something you love doing and you'll never work a day.

      if only OzB would employ me as a bargain hunter :(

      • +1 vote

        I second you, i'd love that job!

      • +1 vote

        Fulltime reseller?

      • +1 vote

        employ me as a bargain hunter

        Work in Procurement. 🙂

      • +1 vote

        Unfortunately I love drinking beer and eating pizza, that's not going to help!

        • +1 vote

          Pizza delivery guy?

    •  

      what's your job?

    •  

      A hypothetical for those that love their job; if I gave you a billion dollars would you still stay in that same job day in and day for the rest of your life?

      •  

        I would probably scale down to part time, but would still keep working for quite a while. Unless there are jobs that I like more, but I haven't really found them.

      •  

        I would keep the same job but probably will be on part time.

        Edit: didn’t recognise the guy above me said it already.

      • +3 votes

        Nope, I'd be out.
        Love my job but so much more to life than working. I'd probably do some volunteering or something though.

      • +1 vote

        I wouldnt quit doing what i’m doing, I’d probably work on my own ideas and learn things I previously had no time due to 9-5 job

      • +1 vote

        I don't love my job, but I like working in the field. I'd probably just set up my own business/NFP to pursue interests in the field, but not to make a ton of money.

      • +1 vote

        If anyone thinks they are going to grind away at their regular job while they could potentially be amplifying the good they do but 100x using their billion dollars instead, they probably aren't the best people to have a billion dollars. Unless your job involves running a charity or some kids of benevolent service of some sort, you're probably not making the best use of your time.

    •  

      What do you do?

    • +2 votes

      "will truly retire even if I win lotto overnight."

      I used to envy and hate those people who win the lottery and go back to work, thinking, what an idiot, why play the lotto if you don't want to change your life?

      • +1 vote

        I don’t buy lotto ticket. Even if I do, it’s not because I don’t want to change my life. I want to improve it.

      • -1 vote

        Yeah do you envy them because they won lotto or because they enjoy their work enough to keep working even after they've won lotto? Haha both I guess.

        •  

          "do you envy them because they won lotto or because they enjoy their work"

          Because they won the lotto and can't think of anything better to do than continue as a wage slave - and because it should have been me that won it - I would know what to do.

          If they enjoy their work and have no imagination as to what they'd rather do, buying a lotto does not make sense.

          How sad …

  • +22 votes

    Play GTA IX online.
    Ride a bike everywhere.
    Work part time / casually or volunteer for a place like Food Bank or Food Rescue.
    Learn to play Piano.

    I have seen what happens to retirees that do little after retirement, the speed of degradation of their mental faculties is shocking.

    • +38 votes

      Play GTA V online on PS10

      Fixed for you. At his stage it seems awfully bold to assume Rockstar will move away from number 5.

      •  

        Good point….I think Rockstar released some more new content recently like Stunt Races.

    • +5 votes

      I agree, unfortunately I cant keep up with the games complexity anymore. Plus my arthritis makes it difficult to move the joystick.

      I probably will keep working until my boss said enough, n fire me. I probably died on my desk.

      •  

        Get a PC with a vertical mouse, easy on the hands :)

      •  

        Find a game you enjoy. The folks on Reddit might be able to offer recommendations to suit your interests, and willingness to learn complex systems. Heaps of simple games are fun. And heaps of games are not particularly competitive.

        Not the only thing I'd recommend in retirement, but "having fun" while "staying healthy would be my aims (for life before and after retirement). This would be mostly having fun, but games can be social, and that's also healthy.

        I am part retired, in the sense I work part time, with no need or interest in working more. Friends, food, exercise, gaming, reading, comedy, walking, engaging with animals, being a tech nerd, getting into hi end audio (all relative of course). So. Many. Interesting. Things.

        But don't lose touch with people. Pretty sure that's where the depression and mental slackening comes from. Engage with young(er) people, and mercilessly rip into each other. Don't take yourself too seriously, crack a joke, take a joke.

        If nothing else, laugh once a day. If I was to retire, a proper belly laugh once a day would be all I really need.

    •  

      "I have seen what happens to retirees that do little after retirement, the speed of degradation of their mental faculties is shocking."

      ROTFLMAO.

      I've been retired for over 10 years now and am still enjoying it - and without any of this "degradation of their mental faculties".

      Some people just shouldn't retire and should continue to work til they drop.

      No thanks, not for me. Happier than I've ever been in blissful retirement.

      •  

        are you saying that you do very little with your time?

        •  

          "are you saying that you do very little with your time?"

          NO!
          I'm saying that it's so sad that some people can't think of anything better to do than to trudge into work every day.

          I have plenty to do in my retirement and am having trouble finding enough time to do it all.

          My main home activity is trading shares/options.

          • +1 vote

            @Gekov: I agree. There's so much I want to do after I retire that'd keep me nice and busy. That said, I know quite a few people who just…. don't really have hobbies. They work and then come home and watch shitty free to air tv or maybe read a book or do chores/organise their living space. They have projects they need complete, not hobbies that inflame their imaginations; They don't really have any constructive outlets or passions outside of work. I think these sorts of people tend to languish in retirement and are exactly who the other poster was talking about.

            "I have seen what happens to retirees that do little after retirement"

            His statement wasn't wrong. There's plenty of people like this who live to work and I agree that it's pretty sad.

    •  

      or volunteer for a place like Food Bank or Food Rescue.

      You have obviously never volunteered for places like these before.

      They are nice to do for the experience, but long term they are just as boring as any warehouse job.

    •  

      Yep. I'm seeing this right now with someone I know

    •  

      Piano is hard. You should start now.

      •  

        I look at the youtube videos of people playing and wish I could be just 1/10th their skill I'd be happy.

        •  

          yeah it can be depressing haha. anyway the sooner you start the better.

    •  

      I have to know what you did during your college years now, cause all those things minus maybe the piano sound like casual college things.

  • +3 votes

    Just keep doing what I'm doing now

    • +2 votes

      Have to agree with you on this one, I love my job and simple lifestyle and have no need to travel.

      •  

        and have no need to travel.

        That's kinda sad, tbh. Travel broadens the mind. It is food for the soul.

        •  

          Each to their own I guess, video/board games, painting, reading is food for my soul. Already living the retired life, all about the journey not the destination.

  • +4 votes

    Buy a rural farm property and keep goats!

    • +3 votes
    • +28 votes

      I am retired, live on 5 hectares and have 2 goats. I didn't realise I was living the dream.

      • +25 votes

        You're living someone's dream at least

      •  

        There's something about the grass is always greener on the other side!

        • +7 votes

          Until the goats eat it!

    • +1 vote

      "Buy a rural farm property and keep goats!"

      But make sure you plug all the holes so that a snake doesn't join you in bed, as as happened.

      I'm happier in the city.

    • +4 votes

      I'm 36 living on 8 hectares with 19 sheep (and now 14 lambs). Why don't you do it now? That's what I asked myself.

  • +1 vote

    The lack of things to do and meeting fewer people scares me. Also I'm not rich enough to travel each month

    You stumbled on the point.

    If you had $1m (debt free) on 4% draw down like FIRE people like to use. What are you going to do with $40k a year at 40 years of age?

    •  

      You don't need $1m.
      The age pension for a couple is $37k a year with a ll the supplement.

      If all you're saving till the start of your retirement is $1m, there's no point saving… Just spend it all and you'll still have the age pension.

      You really need to aim to accumulate at least 2m, but more likely 3-4m if you want to be a bit easy going with your spending.

      • -1 vote

        This ignores the fact that if you've got $1 million in savings, then you can spent not just the interest, but also the capital.

        Once you've spent enough of the capital that the interest is below the pension level, then you can start claiming the pension. Best of both worlds.

      •  

        You don't need $1m

        Then you say no point saving if you only get $1m

        You know what you are talking about?

        Super accumulation balance limit is $1.6m otherwise super gets hit with top marginal tax rate.

  • +18 votes

    Coke and hookers

    • +15 votes

      Prefer Pepsi and lures

      • +1 vote

        Touche

      • +1 vote

        All I wanted was a Pepsi, just one Pepsi, and she wouldn't give it to me

  • +3 votes

    Three-fifths of FA of anything anyone else wants me to do.

  • +16 votes

    I will spend my retirement days trawling through internet deals and posting them on OzBargain.

    Will be my full time job.

    • +1 vote

      I like that

    • +13 votes

      And you will have plenty of time to pee, I'm sure.

      • +1 vote

        With that user name it sounds like he’s already retired

    • +2 votes

      So… JV?

      • +1 vote

        Yes, just without the penalty box.

  • +1 vote

    It all depends how much money you have…

    Dunno.. i have mixed feelings about it.

    I'm thinking retirement is overrated. The lack of things to do and meeting fewer people scares me

    I agree

    The rate that the cost of things are going up makes me think I'll never save enough to have "comfortable" retirement.. but define 'comfortable' retirement

    Many people I know who have retired have basically waited to die on the pittance that is the pension…

  • +16 votes

    Travel: camping around Australia, wandering around other countries, looking a possibility to live in Japan for a prolonged period (couple of years maybe)

    I am not sure a lifetime is enough to explore this world really :)

  • +5 votes

    sleep

  • +6 votes

    Horrible conundrum to be in.

    I'm rushing to retire and get myself and family in a secure financial position.

    Dad sees this and says to me, '…Why do this? You'll be bored with nothing to do when you retire so early…'

    Retiring is not only doing what I want, but rather stop doing what other people tell me to do (eg. Work). Work tells me the times I should be working, when I should be working, when I should be taking a break and eating lunch etc.

    OP, if your hobby is your job, would you still be working if they didn't pay you for it? .

    •  

      I would if I don't have a mortgage and can feed myself.

    •  

      Being in a position to retire is a worthy goal, least you can make the decision then when the time comes.

  • +40 votes

    Lack of things to do? I could retire today and never run out of things to do. I really don't understand how people couldn't keep themselves busy if it weren't for a job.

    • +21 votes

      Same. I often wonder how I have time to work.

    • +9 votes

      I couldn't even play a quarter of my steam backlog, doing it full time, and I'd love to do that. Let alone trying writing, catching up with loved ones, trying out some of my crazy business ideas, exercising, travel, reading, music, etc, etc, etc

      People who lack the basic imagination to use their precious free time baffle me.

      • +1 vote

        Ironically I also have several games I've never played as it's been a low priority and never had the time. Right now I could make the time but can't get a video card.

      • +5 votes

        Welcome to my world. I stood in the kitchen today for 30min thinking of something to eat or bake. I did neither.

        • +3 votes

          I'm reading OZB right now to avoid cleaning the kitchen. But still in the kitchen.

    • +1 vote

      "Lack of things to do? I could retire today and never run out of things to do"

      WELL SAID!

    •  

      could not agree more.

    •  

      Poor health may be a contributor.

  • +4 votes

    Few days at the Rotary Club or men's shed equivalents volunteering and mentoring.

    Maybe contribute to the local council

    •  

      That sounds very Unorthodox!

  • +2 votes

    Escape melb lockdown : D

  • +6 votes

    Just live. I've never had any interest in following the normal path and getting a job working for the man. I need my freedom and autonomy hence always been self employed. Don't earn a lot, but don't need or want for a lot either. The best things in life are free or do not cost a lot of money.

    • +1 vote

      Minimalism, Taoism, just a personal philosophy developed over time?

      Or are you this way without having chosen, and you simply live as you must, in accord with your nature?