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Post by dickt on Oct 28, 2014 14:14:08 GMT -5
Just got my retirement application, retirement estimate, W4 withholding form, life insurance election form from our HR dept.
In a few weeks I'll attend a retirement seminar--for the second time.
I think I am also supposed to go ahead and file for SS now ahead of my Dec. 31 retirement.
Not at all worried about the financials but after 43 years I do wonder what comes next. My boss suggested I attend a session on phased retirement last week--work half time, retire half time collect half pay and half pension. Too late as I've saved up about $10K worth of annual leave I would have to forfeit if I don't go out 12/31. But there's a ton of things they still don't know how to do that need to get done so either I'll answer a lot of questions or they'll have to pay me to come in and consult.
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Post by j on Oct 28, 2014 14:15:59 GMT -5
I am sure between your former employer and some academic/non profit org you can get something to keep you busy. Congrats on the impending achievement!
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Post by brucemacneill on Oct 28, 2014 14:31:31 GMT -5
Yeah, you sign up for SS up to 90 days before you want it but it's a pretty quick thing on-line.
You'll be surprised at how little time you have for work once you're retired. In my case they hired 4 guys to replace me but I had left pretty good notes, I think and didn't get a lot of questions after I left. Of course, you seem to enjoy your job, which I didn't, so maybe you can stay close to the people anyway.
My company was getting rid of lots of people and had hired a consulting group. I got a call asking if there was anything I needed help with but I told the guy the plan and he said, "OK you have it handled then. I hope I can come up with a plan like that when the time comes". It has mostly worked.
Best wishes for a long and happy retirement, and healthy too.
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Post by PaulKay on Oct 28, 2014 14:37:08 GMT -5
Just got my retirement application, retirement estimate, W4 withholding form, life insurance election form from our HR dept. In a few weeks I'll attend a retirement seminar--for the second time. I think I am also supposed to go ahead and file for SS now ahead of my Dec. 31 retirement. Not at all worried about the financials but after 43 years I do wonder what comes next. My boss suggested I attend a session on phased retirement last week--work half time, retire half time collect half pay and half pension. Too late as I've saved up about $10K worth of annual leave I would have to forfeit if I don't go out 12/31. But there's a ton of things they still don't know how to do that need to get done so either I'll answer a lot of questions or they'll have to pay me to come in and consult. Well, congratulations. I will be 4 months behind you. I don't plan to take SS for a couple years yet and still not sure what I will do in retirement other than continue to make music. But I'm moving on none the less. Technically, I have 185 more calendar days left, but only 116 working days. Next month I officially notify HR that I'm retiring. My boss already knows as we've been doing transition planning for a few months already. |
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Post by Supertramp78 on Oct 28, 2014 14:48:10 GMT -5
"pay me to come in and consult"
Ding! We have a winner!
Seriously, I would love to work where you (used to) work.
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Post by dickt on Oct 28, 2014 14:55:51 GMT -5
Just got my retirement application, retirement estimate, W4 withholding form, life insurance election form from our HR dept. In a few weeks I'll attend a retirement seminar--for the second time. I think I am also supposed to go ahead and file for SS now ahead of my Dec. 31 retirement. Not at all worried about the financials but after 43 years I do wonder what comes next. My boss suggested I attend a session on phased retirement last week--work half time, retire half time collect half pay and half pension. Too late as I've saved up about $10K worth of annual leave I would have to forfeit if I don't go out 12/31. But there's a ton of things they still don't know how to do that need to get done so either I'll answer a lot of questions or they'll have to pay me to come in and consult. Well, congratulations. I will be 4 months behind you. I don't plan to take SS for a couple years yet and still not sure what I will do in retirement other than continue to make music. But I'm moving on none the less. Technically, I have 185 more calendar days left, but only 116 working days. Next month I officially notify HR that I'm retiring. My boss already knows as we've been doing transition planning for a few months already. Since I'm only working two days a week I have like 16 days left. And only 12 or so before the holiday party so I'd better light a fire under the band to start selecting music and learning/rehearsing. Our ace guitarist wants to do Ramblin' Man. No doubt he can do all those Dickie Betts licks but there's lots of piano and other guitar parts. |
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Post by RickW on Oct 28, 2014 15:02:04 GMT -5
That sounds good. We keep talking. Wife will go next year probably. Me, a few years of girls university yet.
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Post by Cornflake on Oct 28, 2014 20:18:44 GMT -5
That's great Dick. Your retirement will be well deserved.
I plan to retire December 31, 2015, except that I have one case I may need to wrap up after that, and I'll want to do a little work for a year and a bit for financial reasons. I used to think I'd have mixed emotions but now I don't at all. I've already been doing what I do for 35 years. It's time to do something different.
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Post by jdd2 on Oct 29, 2014 2:34:16 GMT -5
...but after 43 years ... 43...! Wow. Will retire after another 29 paydays (monthly), and I will only have been in my present job for 29 years. Wife is six years behind me, so I'll be chief cook and bottle-washer for a while. |
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Post by Cornflake on Oct 29, 2014 8:38:43 GMT -5
"Wife is six years behind me, so I'll be chief cook and bottle-washer for a while."
Yeah. Whatever else retirement may bring, it will mean doing more dishes and housecleaning.
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Dub
Administrator
I'm gettin' so the past is the only thing I can remember.
Posts: 19,819 
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Post by Dub on Oct 29, 2014 10:46:34 GMT -5
Great news, Dick. You're going to enjoy this. Still sending prayers and healing thoughts your way. Fiddlerina and I want to spend way more time with you "one of these first days."
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Post by Village Idiot on Oct 29, 2014 11:27:31 GMT -5
I get to retire in 14 years!
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Post by sekhmet on Oct 29, 2014 11:49:53 GMT -5
Come on in Dick, the water's fine.  |
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Post by factorychef on Oct 29, 2014 12:02:53 GMT -5
Today is my 1,729th day of retirement.
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Post by Village Idiot on Oct 29, 2014 21:50:31 GMT -5
Shut the F up, FC.
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Tamarack
Administrator
Ancient Citizen
Posts: 9,364
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Post by Tamarack on Oct 29, 2014 22:38:30 GMT -5
Congrats to the incipient retirees -- rest & relaxation & new pursuits (or more time with old pursuits) are well deserved
I will need to work well beyond 65, assuming there is work to be had for an old guy. I can retire in 10 years, 8 months, and 25 days, but who's counting?
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Oct 29, 2014 22:43:41 GMT -5
Four years and two months left in the military, and that will take me to 30. Yeah, yeah, I know I said I was leaving twice before, but the Army kept dangling carrots. There are also conceivable scenarios that would see me leave before then.
After that, I go find another career for about 18 years or so, and ultimately hang it all up around 70. I'd love to retire when I left the Army, but that's not reasonable with a 7 year old running around.
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Post by Kramster on Oct 30, 2014 20:07:47 GMT -5
I don't think I can ever retire...sigh....though I did retire a couple vehicles last year...ride better now
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Post by Village Idiot on Oct 30, 2014 21:16:50 GMT -5
So a question for you retirees: How much thought did you put into retiring at 65 instead of 62, in terms of getting full social security at 65? Is that a big deal? Looking into my future, here.
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Post by factorychef on Oct 30, 2014 22:20:26 GMT -5
Do the math and see where the catch up date on money is from 62 to 65.
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