Howard Brazee wrote:
> On Thu, 11 Jun 2009 16:04:32 -0600, "Frank Swarbrick"
> < XXXX@XXXXX.COM > wrote:
>
>>> Jeepers Paul, just read you are an old fart at 70; join the club,
>>> I'm 78
>>
>> You guy's make me feel good for just having turned 40.
>> :-)
>
> I see three (on-topic) ages:
>
> 1. Have to work.
> 2. Qualified for a pension, but still working full time, building up
> the retirement.
> 3. Retired - any money from work is for toys.
>
> I'm in stage 2, looking forward to 3. We all have toys, it's nice to
> have enough to live on - and new income goes for them.
You are really fortunate, Howard. (I know that hard work and planning had
more to do with it than luck, but to even be achieving what you planned
involves a modicum of fortune.)
Consider these amendments:
1. "Have to work". But cannot get a job. The skills you have are largely
out of date or no longer in great demand, and you are competing with
energetic young people who are not as desperately driven as you are (the
young will always survive; in a worst case scenario they can go and live at
home for a while...) Days go by, the bills mount up and the situation looks
hopeless...This undermines your energy and confidenece and becomes a
dwindling spiral.
2. "Qualified for a pension, but still working full time, building up the
retirement." This is indeed a fortunate position to be in. I don't know of
many companies where they allow this, UNLESS you have specific skills they
are anxious not to lose (or it would cost them more to replace you, than to
let you stay on while they train your replacement). In some countries
retirement is compulsory at retirement age and companies CANNOT (officially
and legally) do this. (They can get round it by retiring you, then engaging
you as a contract consultant...)
3. "Retired - any money from work is for toys." Except for those who are
retired and trying to live on their pensions. Then "any money from work" is
used to buy fripperies like electricity, water, and food... :-)
Since I passed 60 (and did NOT collect $200) I have been giving more thought
to "retirement". I reckon a bank heist could be a good option. The banks
have all the money, and what's the worst that could happen? You get away
with it, sweet... You get caught, free heating, clothing, food and lodging
for a number of years... I can't see a downside, compared to the way some
retirees are forced to live. I'm just surprised there aren't more geriatric
criminals... (Maybe difficulty in running, and the need for frequent comfort
stops are not conducive to a life avoiding the Law...)
Having been a freelance for nearly 35 years now, I'm used to not expecting
anyone to take care of me and am just thankful that I own my house and have
no debts. If I don't work, I can't afford to live. (I won't qualify for a
pension for a few years yet and even if I got it (there is some doubt
because I have been out of NZ a lot), it would be a very meagre existence.)
Apart from that, I LOVE my work and I need to do it.
For the last 4 years now I have preferred to stay at home, rather than to
traipse round the world raising the wherewithal that would enable me to stay
at home... As a result, my savings have been depleted to the point where I
decided that action must be taken. I had planned on returning to Europe in
April to seek consultancy work, but the recession put paid to that. It is
cheaper to live here than there and if I didn't get work pretty immediately,
it could cost me a fortune just for accommodation and transport.
Being in one place for a period of time has upsides I had not seen or
considered. I'm getting involved in the local community and some of this is
really rewarding (not in terms of money, but money isn't everything...seeing
kids winning and helping them do things they never thought they could is
beyond price. I know that most of you who are parents already know this,
but I spent most of my life avoiding having children so it was new to
me...:-))
I am finding that if it is possible to create a home based business, this
could be an ideal model to take me into retirement. I don't enjoy travelling
(especially long haul) as much as I used to (although First Class is nice...
I had occasion to do a 4 hour flight to Melbourne recently and was
upgraded... it was great. Food, drink, mains power and wireless internet for
the notebook, and space for my 6 foot frame, not to mention some very
interesting conversation; I was next to a lady who is a researcher in stem
cell technology for a California based company, you can imagine how that
went... :-)), I just don't look forward to 26 hours in Economy any more...
Web skills are a useful asset and the response to the cobol21 site has been
more than I expected or hoped for. (I spent many hours revamping the site
and I don't consider any of it wasted).There is a genuine growing awareness
that people need to move off COBOL but it needs to be done sensibly and
carefully. Through the website, PRIMA is becoming a "centre of competence"
for things Migration and we recently acquired our first North American
customer for the Migration Toolset. There has been a good level of
downloading of the free information I have made available (largely connected
with the COBDATA Tool and using SQL in COBOL, but there have been requests
for packs on Migration, which I am working on) and I intend to put more up
there as soon as I can.
The most popular page on the site has been the one that has a picture of an
IBM mainframe on it... I think there is a fair bit of nostalgia in the
people who visit. It is kind of fun to interact with a 35 year old COBOL
component and compare how it looked in 1974 and how it looks on .NET today.
If people get some insight into understanding and using component
technology, even just come to realise what INVOKE does in COBOL, (we have
seen a lack of that demonstrated in this very thread recently) then I am
satisfied.
Retirement is different things to different people, and much of it, as
Howard pointed out indirectly, depends on decisions you take many years
before it arrives. Most of us in our thirties can't imagine ever being
"old". We are indestructible and the future can take care of itself. Then,
one day, you look in a mirror and realise there is more salt than pepper in
the beard and hair, and the eyes don't have quite the sparkle they used to,
yet the person inside is still the same, just wiser, maybe calmer, and more
experienced. (And, as Doc points out, the memory becomes more porous...:-))
If we are "lucky" (and we do the necessary planning) our retirement can be
an really enjoyable time, just as Howard is finding.
I'm still working to shape mine into what I want it to be... :-)
Pete.
--
"I used to write COBOL...now I can do anything."