I retired July 2014. I then got the bug to do woodworking, and has a couple of tools. I started acquiring tools, Craigslist was very good to me, some new, some used. This year I decided to add metal working to the mix. My new lathe came this past Monday, a Grizzly G0752 10" x 22". I'm getting an order ready for tooling and holders, etc. Still eyeing up a mill, probably the Grizzly G0704. Then I'll have to buy tools for it.
On the plus side, I only need a thickness planer for the woodworking side and I'll be good to go there. Now to find space to put it all. The dust collection for wood is the biggest pain. I have 2 - 2 car garages; one attached and one in the back yard. I'd still like to put a shed in for all of the lawn stuff and storage. Then I think I would use the back garage for both shop setups.
My wife said she thinks I like accumulating tools, rather than working with them. She may have a point.