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Old 05-01-2010, 10:23 AM   #1
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Early retirement ?

We're getting an early retirement offer on Monday, I think I'll put in for it. 30 years of down sizing and mismanaging is enough. Problem is I'm 54 and I'll probably have to find another job.

Anyone hiring ? Old, tasteless, thinks they're funny, ruined from working for a public utility, specialist analyst ?

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Old 05-01-2010, 10:29 AM   #2
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Cain retired early... he's building a boat in the garage. A boat. In the garage. Yep.

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Old 05-01-2010, 10:31 AM   #3
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Congrats on the impending retirement. You might want to check out our partner forum Early Retirement & Financial Independence Community for some tips and help assessing your financial options.
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Old 05-01-2010, 10:44 AM   #4
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Congrats on the impending retirement. You might want to check out our partner forum Early Retirement & Financial Independence Community for some tips and help assessing your financial options.
Thanks Janet. We have been going through early retirements here at ol' ma bell for about 15 years. It's all we talk about like old people discussing physical ailments. I already have a company to handle the lump sum investment, now it's just a matter of the exact dollar amount/the number of years left I have to live (I'm guessing three).

It's a scary thing but I think it's time. I'm not ready but I'm ready.
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Old 05-01-2010, 10:48 AM   #5
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I retired at 38. That was just after 20 years in the Navy, so I had to get another job.

When I was deciding whether to retire or not, I just figured my payouts for staying and going and the benefits of both and went from there.

If you don't like your job and you can find a better one, the math makes sense and you are set up to "survive" for awhile while job searching, I say go for it.
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Old 05-01-2010, 12:29 PM   #6
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When Jeff retired we found the insurance was a big issue after Cobra. The insurance companys would not insure us as we both have pre-existing conditions. So he went to work for the County here & it has been good that way. The only thing is that he works to hard (or they work him to hard) at this job & something less demanding would be nice.
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Old 05-01-2010, 12:38 PM   #7
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I retire at 50, in 1993-after Navy and FEDS

I've never been bored after firearms/off-road/honeydo stuff

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Old 05-01-2010, 12:49 PM   #8
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I am pension qualified which means,among other things, that I keep my medical which is the real reason I can go. Not that they can't mess with the medical for retirees in the future. We have Kaiser which means when the medical goes up our co-pay goes up. Drive-thru medicine at it's best.

They are giving us a years severance pay which will give me time to install hood locks (joke from a Tj thread), work on my (albino) tan and possibly find another job. It's just a matter of how much I need to make to live.

I am definitely leaning towards it but my wife is fearing I'm going to turn into a rug slug. I told her I will get at least one thing accomplished every day like......getting dressed !
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Old 05-01-2010, 01:02 PM   #9
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Cain retired early... he's building a boat in the garage. A boat. In the garage. Yep.
Well you did get alot of rain this winter......Noah Cain.Novacaine?

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