I'm starting this thread to discuss what WSO users' plans are for later in life. So much of WSO is, understandably, about getting started in careers, but I'm personally interested in the end-game goals of those of us already on track.
Growing up, I always thought that you worked for X number of years, retired, and then lived off your investments and social security. You essentially put your time in, worked yourself to the bone, and then relaxed for the rest of your life.
The thing is, no one I know does that. The founders of my company have little interest in retirement - one simply loves working and the other is more interested in ultimately "stepping back" into an advisory and investment committee role where he can work part-time. On a personal level, all of my grandparents retired and then went back to work within 5 years. My grandfather took a job part time on the country club's golf staff. My grandmother took a job behind the register at her favorite clothing boutique. My other grandparents quit the family business...only to get right back into it, much to the chagrin of my uncle. All of them have said that the friends they had who actually retired and stayed retired...died. My dad retired for health reasons and then started a part time job that he enjoys simply because it's "something to do." None of these people need to work, but they want to.
As you progress in your careers, I'm interested in the end-game goal. Do you see yourself actually retired - on a beach somewhere all day every day or hanging around in your house all day doing old people activities? Or do you see yourself stepping back your then-role to 3-days a week, or shifting industries entirely and doing something you love part-time?
Likewise, I'd love to hear stories about bosses, parents, grandparents, etc. that either partially stepped away or quit once they hit their FIRE number and opened a surf shop somewhere.