If I had a choice, I would be a stay-at-home wife. Don’t get me wrong. I love my job. I also love the idea of working to earn a living. It’s just that the idea of homemaking and doing a plethora of things on the side at my own pace seems very appealing to me. (I say the lesser pressure from the outside world, the better!) And I can only do all that by quitting work. But the question is, am I ready for it? Am I ready to give up my job –my primary source of income– at this time? The answer is a big NO.
That’s why making an early retirement goal sounds like a great idea to me right now. I used to imagine myself retiring at age 45 but recently, I have decided to move it to age 50 (that’s exactly 19 years from now). I would still be young and healthy (I guess) by then and my savings and investments should be enough to tide me over until I start receiving my GSIS pension 15 years after at age 65. (That is, if I could complete the required 15 years of government service as I’m still on my 10th at present.)
Side story: Out of curiosity, I once asked my parents how they feel physically now that they are in their early 60’s (Mame) and late 50’s (Daddy), respectively. They both told me they feel the same as when they were in their 20’s except that their eye sight isn’t as sharp as before and that they must wear eyeglasses to be able to see clearly. Like, I couldn’t believe it at first! I asked them if they move slower now (they must be moving slower at their age!) and they answered with a big NO. Really? Yes, really, they confirmed. Okay, fine. I don’t know if it’s all in their mind but still, I want to give them the benefit of the doubt. If they feel that way today, there’s a chance that I could feel that way also when I reach their age…good for my early retirement goal!
I’ve discussed this early retirement thing with the hubby before and he didn’t pose an objection, whatsoever. He plans to work until he’s 65 years old and that means we are going to be a one-income household only when I retire. That should be manageable for us, financially speaking.
Here are just some of the things I wanna start doing or do more of when I finally say hello to retirement:
1. travel to new places both here and abroad
2. learn Spanish
3. cook and bake
4. declutter and maintain our home
5. bond with my husband and the kids (if ever we’d be blessed with more aside from our angel in heaven)
6. try my hand at brush lettering or calligraphy
7. sew and crochet
8. garden (hydroponics, if possible)
9. blog (and earn money online only when opportunities present themselves)
10. entertain at home (as a way of spending more time with family and friends)
11. make DIY projects for our home
12. sketch and paint
So yeah, age 50 it is! Now, this goal may change depending on what life will throw at me as the years go by. For now, I’ll stick with my early retirement goal and work hard on achieving my financial goals while on it.
Has it ever crossed your mind to make an early retirement goal? Tell me about it! 🙂