Beryl
Recycles dryer sheets
- Joined
- Jun 20, 2007
- Messages
- 413
Hello all.
I stepped away from this forum during 2008 but returned because I announced early retirement this month. My peers don't understand how I can leave so early. It is not complicated. I am 100% debt free (including my home) and have no financial reason to continue working in my corporate job.
1. I didn't lose much from the economic downturn in 2008 because I moved most of my 401K investments into Stable Funds early in the year.
2. I moved into a larger but lower priced house and after renting my previous home for 2 years, I sold it -- in only 10 days. The proceeds from that home more than paid for my current home.
3. My pension covers less than 30% of my salary but covers almost 100% of my expenses.
My announced retirement is on 1/2011 so I have 4 months to finish planning my new life. My employer asked me if I'd return as a SubK -- not a chance for at least 6 months after I exit. After almost 30 years, most of it as a manager laying off employees as jobs were off-shored, I'm not anxious to return. I currently have a lot of rewarding volunteer community work but I'm thinking about taking on a part-time position teaching/tutoring/consulting. It is nice to be able to CHOOSE to work for pay over NEEDING to work for pay.
I'm absolutely giddy with anticipation. There are still many options and things that I'm considering.
- new job or starting a business
- leave the USA
- long-term health care issues
- foster care/adoption
I stepped away from this forum during 2008 but returned because I announced early retirement this month. My peers don't understand how I can leave so early. It is not complicated. I am 100% debt free (including my home) and have no financial reason to continue working in my corporate job.
1. I didn't lose much from the economic downturn in 2008 because I moved most of my 401K investments into Stable Funds early in the year.
2. I moved into a larger but lower priced house and after renting my previous home for 2 years, I sold it -- in only 10 days. The proceeds from that home more than paid for my current home.
3. My pension covers less than 30% of my salary but covers almost 100% of my expenses.
My announced retirement is on 1/2011 so I have 4 months to finish planning my new life. My employer asked me if I'd return as a SubK -- not a chance for at least 6 months after I exit. After almost 30 years, most of it as a manager laying off employees as jobs were off-shored, I'm not anxious to return. I currently have a lot of rewarding volunteer community work but I'm thinking about taking on a part-time position teaching/tutoring/consulting. It is nice to be able to CHOOSE to work for pay over NEEDING to work for pay.
I'm absolutely giddy with anticipation. There are still many options and things that I'm considering.
- new job or starting a business
- leave the USA
- long-term health care issues
- foster care/adoption
)
