bagging it at 52

Ramnuts · 03-17-2007, 09:10 PM

My last day at work will be May 4. I have had the same professional job for 31 years, started with the corporation at age 21, right out of college. Looking forward to reinventing myself, doing some traveling and reconnecting with many old friends around the country. This may prove to be a year or two worth of sabbatical, rather than a permanent retirement, but I am anxious to find a new routine.

Whoo hoo!

bbbamI · 03-17-2007, 09:46 PM

Ok, this is strange....

My hubby has been in the same profession for 31 years, has been with present co for 21 years and is 52. He wants to retire on his 55th birthday...May 5th.

So anyhoo, welcome to the board and post your experiences!

Khan · 03-17-2007, 09:47 PM

Live long and prosper.

I originally thought of working part time to stuff the IRAs, but came to the conclusion I'd rather sell a kidney than go back to work.

(retired at 54)

frugalguy · 03-17-2007, 09:48 PM

Quote:

Originally Posted by Ramnuts

My last day at work will be May 4.

I left May 5 after 25yr with my last employer. Congrats! I can feel your excitement.

I think it's important to time a retirement date with the right season. Going in spring leaves one with a feeling of rebirth, new beginnings etc.

newguy88 · 03-18-2007, 07:32 AM

Nice.

Welcome aboard, been ERd since dec 22 it feels great. Now many here will say my part time coaching, High School Track Team and Substitute teaching a few days a week is not Erd but I would beg to differ. It is NOT working like I did the past 30 years. This is a hoot!

Plus I look at it as you live a month and they SEND YOU A CHECK, then they do it again the next month and so on and on and on. Gotta love a pension with medical at 50 .

donheff · 03-18-2007, 07:56 AM

Good for you. Enjoy. I retired two years ago at 56 and, like some of the other posters, I originally planned to do some part time work, worrying about "whadda you do all day?" and the like. I actually did a few very short, very part time projects for a while. But I now find myself feeling like Khan. Life is great, forget the work.

Ramnuts · 03-18-2007, 09:15 AM

Thanks, all, for the warm welcome. I wish I had a pension or health insurance! Those became self funded events with the company I worked for. Our defined pension plan was converted to a cash balance account in my 25th year with the company. I am buying health insurance under COBRA for the next 18 mos, will then be on the underwritten open market

Still, out of my pocket or out of someone else's...it will still beat working every day!

crazy connie · 03-18-2007, 11:24 AM

Welcome! I pulled the plug 2 years ago and love it. Waiting for Megacorp to mess with my insurance now, but confident I can handle that as well.

chinaco · 03-18-2007, 11:29 AM

Good luck with ER. I am in count down mode... 4.5 years and counting.

Achiever51 · 03-18-2007, 08:25 PM

Congratulations! FIREd at age 55 from MegaCorp as of December 31, 06...first three months have been incredibly wonderful.

Have had several offers for part or full-time work, but after working nearly 40 years -- since age 16 -- I am really not too anxious to get back into any kind of paid employment.

Enjoy....and love your avatar!

Goonie · 03-18-2007, 10:34 PM

Congrats on your ER!

I've been with the same employer since June '75....started right out of HS.......I have 19 days (and 1hr 26min) to go....bailing at 50! YeeHaa!!

sheboyganite · 03-19-2007, 08:49 AM

I'll add my congratulations too Ramnuts. I'm counting down to my own release on my 55th birthday, with 5 months and 3 weeks to go after almost 28 years in.

03-17-2007, 09:10 PM	#1
Ramnuts Confused about dryer sheets Join Date: Mar 2007 Posts: 3	bagging it at 52 My last day at work will be May 4. I have had the same professional job for 31 years, started with the corporation at age 21, right out of college. Looking forward to reinventing myself, doing some traveling and reconnecting with many old friends around the country. This may prove to be a year or two worth of sabbatical, rather than a permanent retirement, but I am anxious to find a new routine. Whoo hoo!

03-17-2007, 09:46 PM	#2
bbbamI Thinks s/he gets paid by the post Join Date: Dec 2006 Location: Dallas Vicinity Posts: 1,750	Re: bagging it at 52 Ok, this is strange.... My hubby has been in the same profession for 31 years, has been with present co for 21 years and is 52. He wants to retire on his 55th birthday...May 5th. So anyhoo, welcome to the board and post your experiences! __________________ Sometimes my feelings are so hot that I have to take the pen and put them out on paper to keep them from setting me afire inside; then all that ink and labor are wasted because I can't print the results....Mark Twain

03-17-2007, 09:47 PM	#3
Khan Thinks s/he gets paid by the post Join Date: Aug 2006 Location: Greater Dayton area Posts: 3,077	Re: bagging it at 52 Live long and prosper. I originally thought of working part time to stuff the IRAs, but came to the conclusion I'd rather sell a kidney than go back to work. (retired at 54) __________________ "Knowin' no one nowhere's gonna miss us when we're gone"

03-18-2007, 07:32 AM	#5
newguy88 Thinks s/he gets paid by the post Join Date: Nov 2005 Posts: 2,119	Re: bagging it at 52 Nice. Welcome aboard, been ERd since dec 22 it feels great. Now many here will say my part time coaching, High School Track Team and Substitute teaching a few days a week is not Erd but I would beg to differ. It is NOT working like I did the past 30 years. This is a hoot! Plus I look at it as you live a month and they SEND YOU A CHECK, then they do it again the next month and so on and on and on. Gotta love a pension with medical at 50 .

03-18-2007, 07:56 AM	#6
donheff Thinks s/he gets paid by the post Join Date: Feb 2006 Posts: 2,688	Re: bagging it at 52 Good for you. Enjoy. I retired two years ago at 56 and, like some of the other posters, I originally planned to do some part time work, worrying about "whadda you do all day?" and the like. I actually did a few very short, very part time projects for a while. But I now find myself feeling like Khan. Life is great, forget the work. __________________ Every man is, or hopes to be, an Idler. -- Samuel Johnson

03-18-2007, 09:15 AM	#7
Ramnuts Confused about dryer sheets Join Date: Mar 2007 Posts: 3	Re: bagging it at 52 Thanks, all, for the warm welcome. I wish I had a pension or health insurance! Those became self funded events with the company I worked for. Our defined pension plan was converted to a cash balance account in my 25th year with the company. I am buying health insurance under COBRA for the next 18 mos, will then be on the underwritten open market Still, out of my pocket or out of someone else's...it will still beat working every day!

03-18-2007, 11:24 AM	#8
crazy connie Full time employment: Posting here. Join Date: Feb 2006 Posts: 709	Re: bagging it at 52 Welcome! I pulled the plug 2 years ago and love it. Waiting for Megacorp to mess with my insurance now, but confident I can handle that as well.

03-18-2007, 11:29 AM	#9
chinaco Thinks s/he gets paid by the post Join Date: Feb 2007 Posts: 2,837	Re: bagging it at 52 Good luck with ER. I am in count down mode... 4.5 years and counting. __________________ Disclaimer: I make no warranty or guarantee about the accuracy or completeness of this information. I am not a financial planner, my comments only represent my opinion.

03-18-2007, 08:25 PM	#10
Achiever51 Full time employment: Posting here. Join Date: Feb 2007 Location: Southeastern Michigan Posts: 770	Re: bagging it at 52 Congratulations! FIREd at age 55 from MegaCorp as of December 31, 06...first three months have been incredibly wonderful. Have had several offers for part or full-time work, but after working nearly 40 years -- since age 16 -- I am really not too anxious to get back into any kind of paid employment. Enjoy....and love your avatar! __________________ The best things in life....are not things.

03-18-2007, 10:34 PM	#11
Goonie Thinks s/he gets paid by the post Join Date: Oct 2006 Location: North Central Illinois Posts: 2,057	Re: bagging it at 52 Congrats on your ER! I've been with the same employer since June '75....started right out of HS.......I have 19 days (and 1hr 26min) to go....bailing at 50! YeeHaa!! __________________ "Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind." - Dr. Seuss - Retired April 2007 @ 50 with COLA'd DB Pension plus Lifetime Medical & Dental Insurance.

03-19-2007, 08:49 AM	#12
sheboyganite Dryer sheet wannabe Join Date: Feb 2007 Posts: 24	Re: bagging it at 52 I'll add my congratulations too Ramnuts. I'm counting down to my own release on my 55th birthday, with 5 months and 3 weeks to go after almost 28 years in. __________________ I would live all my life in nonchalance and insouciance...Where it not for making a living, which is rather a nouciance. - Odgen Nash

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