Originally Posted by ivinsfan
I think is OP was saying she would retire from teaching, Take 60% of income in retirement pay to pay down bills and then get another job to end up with more income in the family. This plan seems to have a lot of moving parts that would have to work out just right and without spending controls might only be a stop-gap plan.
Agreed. Retiring entirely might not be feasible yet. But if OP wants to keep working at something else for a while, perhaps burned out on teaching, then "double dipping" (collecting a pension while working a different job) very well might be. That assumes, of course, an appropriate job that pays well enough to make it work (and doesn't involve too much stress, drama, or dread about Sunday evenings) is available.
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)