Isn’t that the same thing? Don’t worry. I’m neither.

I doubt airlines will want to extend it past 65 because so many people would be out on medical..It would be more costly for major airlines to extend past 65 in my opinion.

What yourself? "10% in equities"...that's not true...it's not the industry standard or recommendation. Retirees are planning on living another 20+ years correct? So the must still think long-term and for that reason it is recommended to stay invested in the stock market. Of course their risk tolerance is less, they must move money into more secure stocks or ETF's. Also the standard recommendation is to have a large percentage of your portfolio in cash, to be able to "survive" a 2-3 year market down-turn without having to sell equities at a market bottom. I don't know anyone who recommends that retirees have only a 10% exposure to equities when within five years of retirement throughout their retirement.

Nice of you to be so understanding. Thanks for that…

I agree, I can't find a single source with 10% equities with 5 years to go. If you're 80, yes. Bonds are paying next to nothing, dividends will come down now. With a 4% annual withdraw in retirement, one strategy, 10% equities doesn't cut it.

Thats why i dont mind being broke. Less stress and worry. :)

I like your thinking.. Every study on this topic I have ever seen shows once you have enough money to not worry about meeting your basic needs that any additional money does very little to increase happiness. And yet we spend most of our lives trying to disprove that.

My takeaway. I don't think any of us "need" to work past 65.

A trip on the disability train served to re-focus the importance of reaching the retirement event free of long term debt.

An old fart with no bills can live on a pretty modest income. No worries, no stress.

The squirrels bite my ankles.

I flew with a great guy that was about 53. Been a captain a couple years and was furloughed once. He had over 2 million in his 401k. I don’t see how most guys that are almost 65 and have been captains for a while don’t have enough to retire soon. They should Have been mostly out the market anyway by now. They also got a boost being able to go to 65 once already in their career.