I've been lurking here for awhile know, dreaming of of quiting my job and retiring and relocating down south...
I will be leaving the job I've had for the last 19 years on July 18
Only 14 more working days
Its a steel forge shop thats 100 % employee owned. Hot dirty boring manual labor that paid very good...
I will be getting approximately 1.9 million
Unfortunately the only way to get the $$$ out of the ESOP is to quit
But I really hate this job anyway...
On the 18th they sell my shares back to the ESOP and deposit my $$$ in my 401K.
Then they hold the $$$ for 1 year before I can get it.
Im pretty sure it will be in a money market fund hopefully earning more than 2 % interest
I have 15K in allready taxed $$$ to get me most of the way through this year. And 52K in an IRA and 401k to tap for next year while Im waiting for my $$$
I currently live on 75K a year.
I think I can do OK on 60-65K a year, but inflation is getting outta hand
I plan to spend the next year getting rid of a lotta junk (I can sell a lot of it for more tax free $$$) and fixing up my house so I can sell it.
I also plan to do some traveling down south looking for a good place to move to.
Im single and have no kids, I would like to have a kid or two and be a stay at home dad in the future once I get relocated...
I have been down to the northeast corner of Louisiana and I liked it there.
I still wanna check out The Dallas/Ft Worth area and North and South Carolina. Maybe southern Georgia, north Florida, I've been to Tennessee and Kentucky, I like these also...
I havent ruled out never working again but if I do it will be an easy low paying part time deal for the health insurance...
Im not sure how Im gonna react to not having to work anymore, but Im sure looking forward to finding out
It will also be interesting when someone asks me what I do for a living, Im 39 but I look and live like Im 30!!!:confused:
With the way things are going though Im really worried about the future of the good old USA