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06-01-2013, 08:57 PM
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#1
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Recycles dryer sheets
Join Date: Jun 2013
Location: Forney
Posts: 120
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First Post-Intro
48 year old Federal employee (almost 49 ). Eligible to retire June 5, but will stay until the end of the year.
Special retirement for LEO/FF/ATC, 25 years at any age, or after 20 years at age 50. Bought back 5 1/2 years military, with my sick leave I will be credited with 32 years gov. service.
Kids grown, monthly retirement income will exceed monthly bills. I will remain in the Federal Health Insurance program. COLA's, yes. Plus I might just take some 72T distributions from my TSP (401K) to have some emergency cash. I'll decide after I am retired and I see how things work out.
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06-02-2013, 05:52 AM
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#2
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Recycles dryer sheets
Join Date: May 2013
Location: Toronto
Posts: 230
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Wow, sounds fantastic. Congrats!
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06-02-2013, 10:30 AM
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#3
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Full time employment: Posting here.
Join Date: Mar 2008
Location: Northern California
Posts: 549
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Welcome to the forum Kaufmanrider! It sounds like you are in a good place.
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06-02-2013, 11:00 AM
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#4
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Confused about dryer sheets
Join Date: May 2013
Location: Orlando
Posts: 3
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I would try to not take any distributions from your 72T. Wait and see how things work out then adjust some of your fun money or not really needed stuff. Either way congrats, after hustling and working for all that time your day is finally here.
Walter
Quote:
Originally Posted by Kaufmanrider
48 year old Federal employee (almost 49 ). Eligible to retire June 5, but will stay until the end of the year.
Special retirement for LEO/FF/ATC, 25 years at any age, or after 20 years at age 50. Bought back 5 1/2 years military, with my sick leave I will be credited with 32 years gov. service.
Kids grown, monthly retirement income will exceed monthly bills. I will remain in the Federal Health Insurance program. COLA's, yes. Plus I might just take some 72T distributions from my TSP (401K) to have some emergency cash. I'll decide after I am retired and I see how things work out.
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06-03-2013, 06:41 PM
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#5
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Thinks s/he gets paid by the post
Join Date: Sep 2010
Location: midwestern city
Posts: 4,061
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I am one year younger than you. You are not alone ! Welcome.
__________________
Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
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06-03-2013, 07:26 PM
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#6
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Thinks s/he gets paid by the post
Join Date: Aug 2012
Posts: 1,862
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Green with envy!!!! Welcome to the board!
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06-04-2013, 01:06 AM
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#7
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Thinks s/he gets paid by the post
Join Date: Apr 2005
Location: Duesseldorf, Germany
Posts: 1,202
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Well done so far. Now make sure that you enjoy your life even more.
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06-04-2013, 04:17 AM
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#8
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Full time employment: Posting here.
Join Date: Jan 2008
Posts: 759
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Welcome and great job. Persistence pays off. Enjoy.
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06-04-2013, 03:07 PM
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#9
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Full time employment: Posting here.
Join Date: Jun 2006
Posts: 927
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Welcome to the forum and thank you for your service.
__________________
CW4, USA-(ret)
RN, BSN-(ret)
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06-04-2013, 03:29 PM
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#10
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Recycles dryer sheets
Join Date: Jun 2007
Posts: 413
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So nice! FI and not even 50 is just so cool!
__________________
Retired - Class of 2011
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08-03-2013, 08:19 AM
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#11
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Recycles dryer sheets
Join Date: Jun 2013
Location: Forney
Posts: 120
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Quote:
Originally Posted by Beryl
So nice! FI and not even 50 is just so cool!
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It's official. Submitted my retirement effective Jan 11, 2014. now I can't wait!
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08-04-2013, 07:12 AM
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#12
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gone traveling
Join Date: Sep 2003
Location: DFW
Posts: 7,586
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Congrats and thanks for your service!
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08-04-2013, 09:11 AM
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#13
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Recycles dryer sheets
Join Date: Jun 2013
Location: Forney
Posts: 120
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Quote:
Originally Posted by DFW_M5
Congrats and thanks for your service!
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Thanks DFW_M5. And the DFW area of Texas will be a great place to spend my early retirement.
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