If you're over 50, do you have a plan, if any, about setting up for retirement, if you can?

Currently I don't, and expect I will have to work until I'm at least 70 or longer. I'm 53 now.

Mostly this is connected to having no feasible way to get out of renting and into owning a property that I can build equity into (by paying it off, or buying it mostly outright).

The 'fire' thing (financial independent retire early) idea is lost on me. When I get to to about 60 onwards I'll be able to, if I want to, stop working and access my super (like 401k) to do something with that.

My priority at the moment is my 4 y/o daughter so in a lot of ways I put myself second to her needs.

This page is a permanent link to the reply below and its nested replies. See all post replies »

AthrillatheHunt · 51-55, M

You’re doing what’s right. For her sake take care of yourself so you can work till old age .

zonavar68 · 51-55, M

@AthrillatheHunt Yes that's part of the reason why I changed my job contract from permanent part time with constantly variable days off to permanent part time with fixed days off. Still shiftwork, but less chaotic. It's a fair drop in pay but money isn't important to me.