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Made the break today. Have Pension .
Old 05-29-2009, 11:14 AM   #1
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Made the break today. Have Pension .

In this day you get scared that my state pension will stay available for the next hopefully 50 years. I am 53 and decided that it was time to leave. I have a pension that pays me 33,000 dollars a year with good medical for both of us. I have a small co pay for dental insurance. So my only worry is will the state stay solvent. Have a paid in full house, new so hopefully the systems will be ok for at least two years. Maybe more.
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Old 05-29-2009, 11:23 AM   #2
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Congrats Capt Bill! Tell us more about your plans, goals etc when you have the time. This retirement gig can keep ya kinda busy!
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Old 05-29-2009, 11:35 AM   #3
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Hurray! A fellow Arizonan. You will be fine. When does your retirement start?
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Old 05-29-2009, 12:12 PM   #4
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Greetings from East Mesa!
Welcome to the Forum. Sounds like you are in good shape with your AZ State pension, don't worry; i am still working and they will raise my taxes to pay for it if the state doesn't solve the current budget crisis!
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Old 05-29-2009, 01:00 PM   #5
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Captain - Congratulations! I am 49 and still w*rking toward the milestone that you just reached. Freedom!
Best of luck. Enjoy!
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Old 05-29-2009, 01:51 PM   #6
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Quote:
Originally Posted by capt bill View Post
In this day you get scared that my state pension will stay available for the next hopefully 50 years. I am 53
Congratulations! I love that you're going for a century-plus...good genes, an optimist, or both?
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Old 05-29-2009, 01:59 PM   #7
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Welcome to the forum !
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Old 05-29-2009, 03:22 PM   #8
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Congrats! Hello pension...goodbye tension!
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Old 05-29-2009, 04:35 PM   #9
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Congratulations capt bill. Check back in with us and let us know how it goes for you.

Larry
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Old 05-29-2009, 06:17 PM   #10
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Welcome from a Canadian with a sister who 'snowbirds' in Arizona.
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Congrats Captain
Old 05-29-2009, 09:05 PM   #11
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Congrats Captain

Congratulations Captain! You are beating me by 10 workdays! June is a perfect time to retire.
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Old 05-29-2009, 10:04 PM   #12
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Congrat from the far east, catp bill. From calculations I have seen here, 33K pension is roughly equivalent to a 25*33=825K$ nest egg, assuming it comes with COLA. Plus a fully paid house - not bad, great achievement!
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