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Coffmonster7
Old 08-26-2019, 11:44 AM   #1
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Coffmonster7

NM State Retiree 6 yrs. now. Retired w full state pension @ age 52. Worked 26 yrs. w State Environment Dept. as Underground Tank Inspector (6 yrs.) & Hazardous Waste Inspector (18 yrs.), BS degree in Geological Engineering. Happily retired. Not eager to go back to work unless find outstanding opportunity. Current "occupation"/"hobbies" mostly working for myself estate planning including researching/studying conducting investments in my 457(b), researching all the moving integrated aspects of "retirement" including investment accts. finance laws, types of investments, state/federal integration regarding pensions, medicare, medicaid, going back to work, etc. Also re-studying math, engineering & all the sciences @ Kahnacademy.org to get all my unused college knowledge refreshed in my head.
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Old 08-26-2019, 12:11 PM   #2
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Welcome.

Hope you are enjoying yourself on your retirement.
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Old 08-26-2019, 02:47 PM   #3
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Welcome! I also have a BS in Geological Engineering! Not too many of us here!
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Old 09-05-2019, 07:01 AM   #4
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Quote:
Originally Posted by Coffmonster7 View Post
NM State Retiree 6 yrs. now. Retired w full state pension @ age 52. Worked 26 yrs. w State Environment Dept. as Underground Tank Inspector (6 yrs.) & Hazardous Waste Inspector (18 yrs.), BS degree in Geological Engineering. Happily retired. Not eager to go back to work unless find outstanding opportunity. Current "occupation"/"hobbies" mostly working for myself estate planning including researching/studying conducting investments in my 457(b), researching all the moving integrated aspects of "retirement" including investment accts. finance laws, types of investments, state/federal integration regarding pensions, medicare, medicaid, going back to work, etc. Also re-studying math, engineering & all the sciences @ Kahnacademy.org to get all my unused college knowledge refreshed in my head.
Hi and welcome. I have a friend who was a NM State employee and he retired and 26 years and receives about 65% of his last salary
Sounds like a good deal. He did mention that he is worried that they will soon be reducing the annual Cola amount though.
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Old 09-05-2019, 07:36 AM   #5
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Welcome Coffmonster7,

Sounds like you are staying busy in retirement, and that is usually a good thing.

Best to you,

VW
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Old 09-05-2019, 08:40 AM   #6
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Sounds like the good life! Doing things on your time! At least 12 more years for us.
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FIRE in 2031 @ 50yrs old (+/- 2yrs) w/ a hypothetical $2.5mil portfolio, 3 appreciated homes worth $1.0mil and rental income to fund my gap years until RMD. Assets will go to an inherited IRA where I plan on watching the investments grow until I die or the trust gets executed.
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Old 09-05-2019, 10:47 AM   #7
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Welcome to the forum, hope to hear more from you.
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