Early Retirement or Never Stop Working?

Do you have a goal to hit a certain amount of money so that you can retire and move to some sick, tropical beach town like Falmouth, Mass? Or a certain age where the only cold calls are for reserving tee times at an overpriced golf course even though you know you'll never break 100 in your life?


Or are you one of those sickos like Bill Belichick (๐Ÿ) who would go crazy if you didn't have a job to do every morning?

Which one are you?

Attached poll
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๐Ÿš€ Career Goals
๐Ÿคทโ€โ™‚ Poll
๐Ÿ’†โ€โ™‚ Mindset
15
Coffeesforclosers
Notable Contributor
3
Director Sales and Market Development
If all goes to plan i would like to retire. My fear is that im not a tradesmen and my body may shut down from desk sitting for many years and by the time i want to use it, it will fail. I want to enjoy some retirement not be old and my arthritis in my knuckles hurts from counting the money i stored for nothing lol
Hotlead
Politicker
2
Producer
Retire from sales & have a two day a week consulting gigย 
MrBravado
WR Officer
2
VP of Marketing
Depending on a few factors, with the ageism that exists in many industries, you may find yourself into a kind of semi-retirement in your 50's not your 60s.

This has two important ramifications:

1) Your earning years may be 10 years fewer than planned
2) You be living on your savings 10 years sooner


So, as you calculate how much money you want by a certain age for when you retire, here's an important thought experiment:

1) examine what it takes to get to that same end number 10 years sooner
2) examine how much more you need to save if you need to add another 10 years of living on savings
PhlipOut
Politicker
0
Account Executive
100% I don't see many 60 year olds in SaaS.

But maybe they are all stuck selling Printers and Faxes?
MrBravado
WR Officer
1
VP of Marketing
The ageism is strong in SaaS.ย 

An interesting statistic - not related to SaaS, but relevant.ย 

From August 2020 to February 2021, 2.7 million people under age 55 found new jobs. In that same time period, only 28,000 people age 55+ found jobs.ย 
PhlipOut
Politicker
1
Account Executive
Shit. Better adjust my money spreadsheet
YoungMoney
Good Citizen
1
Director of Sales
Retirement doesnโ€™t have be about โ€œnot workingโ€. It can mean, โ€œI donโ€™t have to be cold calling until I die.โ€

I have a goal of teaching someday, but Iโ€™m worried I cant live the life I want on a teachers salary. If I donโ€™t need the money, salary is a moot point!
Telehealth_2the_Moon
Notable Contributor
1
Director of Business Development
If I hit it big, I'm not working anymore. I'll go chase my passion so it won't be work, but I'll still be busy.ย 

Now just to find the deal with the multi-million commission check...
ClaudiaFogSF
Valued Contributor
0
Account Executive
Can't even break 100?? ๐Ÿ˜ฌ
funcoupons
WR Officer
0
๐Ÿ‘‘
I cannot wait to retire (early.) I'm secretly very sloth like, I only go hard because I have expensive taste in food and don't want to be homeless. ๐Ÿคทโ€โ™€๏ธ
paddy
WR Officer
0
Director of Business Development
Never. Ever. Stop. Selling.
MMMGood
Celebrated Contributor
0
Senior Account Executive
Sweet Lord, I hope I can retire before I'm 60.ย That'sย the plan, anyway.ย 
Kanyebut4sales
WR Lieutenant
0
Account Executive
Two fold: I will never stop Iโ€™ll just change what work I do. When you stop you die lol
Lambda
Tycoon
0
Sales Consultant
I enjoy the sales process, i think i would miss connecting with people and helping them solve problems which is what sales is all about, not the calling prospects and "making" them customers
Adslanger1
Opinionated
0
Senior Account Executive
This IS the War Room right?
GameOfPhones
Valued Contributor
0
Account Manager
Would love to retire eventually, but also fear being bored to death. I also think I am too young to really grasp the concept of retiring...maybe my views will change but maybe I will have my clients get back to me using a Ouija board
Chep
WR Officer
0
Bitcoin Adoption Specialist
I want enough money to move to some rural community, make great friends with my neighbors, and live a quant and quiet lifestyle
thegrinch
Politicker
0
SDR
I just want to be able to work with all my money needs taken care of
Justatitle
Big Shot
0
Account Executive
Unfortunately living only gets more expensiveโ€ฆ Iโ€™d love to retire yesterday, canโ€™t really do that so the only option is to keep working. Grind now and hopefully it pays off in a few yearsย 
15
Members only

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Woke up early. Worked out. Showered and lost all motivation for the morning. Anyone have energy to share to get me moving today?

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27