at what age you are planning to retire from your IT jobs?

I think I should be working till the age of 50. I want to work for long time so that I can earn enough money to fulfill all my dreams and hobbies.
Definitely it was a challenge when my DD was small. Now that she is in school the things are manageable in better manner. Mantra of sticking to one company is working for me too as it has reduced stress to an extent. I did sacrifice on front of promotions/hikes...!

 

may be after 4 to 5 years ... wait a minute i still need jobb.:bonk.
may be when i make 1 Crore savings ... or probebly if i loose job. :crazy

 

Never in my life, I think seeing the way things are going!!

My husband and I were talking about how we looked down upon government jobs when we were these young, impressionable things and ran behind our technical degrees, MS and IT, software,hi-tech.. whatever! Today when we see our 401K balances going up and down, I feel scared as to what our state will be when we are our parents' age and are no longer able/want to work.

My parents, a government employee and a bank employee and FIL - a bank employee... in spite of all the financial commitments are both retired (one of them voluntarily) and earning pension... and not at all financially dependent on us! The house is paid off for, children educated/married all well-settled. They have the nice security of the monthly pension which we won't have.

My plan is if I don't have any money in my old age... I would go and join a math in Kashi or something like that. I don't know my husband's plans ;-)

 

I have similar feelings Peartree. But, my Dad was a bank employee and according to him, fulfilling targets if you are in higher ranks is quiet stressful. Well, I always wanted to take up job in PSU sector, but unfortunately they have less vacancies. Right now, I do not have a kid. Sometimes, I feel scared thinking how I am going to manage when I have one. If my parents or my in-laws are not in a position to help, will it be better to leave a kid with baby sitter. But, then leaving a job is going to put extra burden on my DH.notdonesmiley I need to lend him a helping hand. So, my clear preference is to shift from IT to lectureship, but yes I need to get another degree for that:coffee, and need to get a job for me. Though, the money from it might not be as much as in IT, but will give me more time to spend with family. Let's see how things will go, but yes I will definitely work or do something to be financially independent and help my DH. :cool2: Ofcourse, we do not have that Pension as in govt job and benefits and I sincerely want someone to change that in Pvt sector as well. :yes:

 

Its a never ending story

 

Hey anvitha,
Nice thread yaar. Definitely every IT employee must have thought about it. Atleast to me, once personal commitments like loads of gold,bank balance of XXXXXXXX amount, loan free house, couple of assets which fetch decents rents/income, a good running business. All these can drive me to take an early retirment!!!!!!!!!Irrespective of age, planning to strive for it, if IT permits!hahahaha!
We are getting identity because of our profession too, once we quit, we are going to loose our identity for sure!