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Old 08-22-2014, 6:05pm   #1
86RAG
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Default Was offered early retirement this week...

...And I'm taking it! I'm 58 with 36+ years of company service and am being offered full retirement with an $18k bonus. Last official day of work is Sept. 30 . I'm so freakin excited, but scared as hell at the same time . Does that make sense?
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Old 08-22-2014, 6:07pm   #2
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Congratulations...........

Never regretted retiring early!
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Old 08-22-2014, 6:08pm   #3
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CONGRATULATIONS!!!
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Old 08-22-2014, 6:09pm   #4
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Congrats!


Yes, scary I'm sure.
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Old 08-22-2014, 6:11pm   #5
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I know I'll be happy being out of the rat race, but this was the single most hardest decision I've ever made! I'm scared as hell!!!
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Old 08-22-2014, 6:13pm   #6
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I know I'll be happy being out of the rat race, but this was the single most hardest decision I've ever made! I'm scared as hell!!!
Don't be........Got a list of Honey Do's?
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Old 08-22-2014, 6:15pm   #7
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Got a list of Honey Do's?
You must be reading my wife's mind!
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Old 08-22-2014, 6:18pm   #8
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Scared of WHAT??? sell the house and get into a NO tax state, and depending on your age, pay nothing for prop taxes.....and NO state income tax....

and shovel NO SNOW ever again....there is a reason FLORIDA is known as God's waiting room....'

Pick a cheeeeeeep house and your plot on the water.....


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Old 08-22-2014, 6:21pm   #9
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House is already on the market, but not drawing as much attention as I would like
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Old 08-22-2014, 6:24pm   #10
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Scared of WHAT???

The unknown I guess
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Old 08-22-2014, 6:30pm   #11
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Congrats
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Old 08-22-2014, 6:40pm   #12
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One can'r help but worry when there's a reduction in income. You're still 9 years away from Social Security, but as small as it might be, it helps. Your biggest worry soon will be the cost of health care, and it only gets worse when you get on Medicare. Be very selective when your purchase supplemental Medicare insurance. Most folks wind of with medical care costs that are much greater than before.

You of course need substantial savings to augment your retirement income and SS. Most folks think of having a million dollars saved as everything they'll ever need. Most of them are sadly mistaken. People live so long now that most of them outlive their resources.

After you've been retired for a year or so, you can more accurately judge how the money is holding out. Don't be afraid nor ashamed to get another job if need be. And, of course, don't wait too long to get another job.

I'm retiring in 2 years and really looking forward to it. I'm comfortable and not really worried about it. But that can change for anyone.
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Old 08-22-2014, 6:44pm   #13
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they tossed me out 5+ years ago. a 'thanks' and 2 weeks pay.

did some math and said screw it. i'm retired. still am at 51. math still works.
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Old 08-22-2014, 7:10pm   #14
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Enjoy
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Old 08-22-2014, 7:20pm   #15
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Old 08-22-2014, 7:26pm   #16
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You lucky sumbich!!
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Old 08-22-2014, 7:27pm   #17
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There comes a time in one's life that you say "enough is enough". I had a job when I was 15, and worked thru to age 63, when I said........"enough.........".

In less than three months, we bought a retirement home, we both retired, and sold our old home. Got lucky, things just fell into place. No baller here, we saved a little, invested wisely, and now we are enjoying retirement, and never look back with the shoulda wouldas couldas.

Enjoy it, you deserve it.
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Old 08-23-2014, 5:25am   #18
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I would love for that to happen to me, congrats and enjoy yourself
very cool, indeed wish it was me
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Old 08-23-2014, 6:15am   #19
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wish it was me
I've watched friends retire in the last few years and have said that often. Your day will come
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Old 08-23-2014, 6:32am   #20
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I've watched friends retire in the last few years and have said that often. Your day will come
thanks i cant wait for that date
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