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Old 05-17-2013, 12:44 PM   #21
Recycles dryer sheets
Join Date: Feb 2013
Location: San Jose
Posts: 200
My derailment came when my buyout application was denied. I figured OMY is no big deal so I signed up for the retention bonus they offered. Now I see our company stock shooting up and for the first time in my 20+ years working in silicon valley, I have unvested options that are in the money. So unless the stock market corrects, I may be stuck working here.

Actually it's not the money, like a good diet and daily exercise, gotta do it for health reasons, right?
BBC News - Retirement 'harmful to health', study says

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Old 05-17-2013, 01:05 PM   #22
Recycles dryer sheets
Join Date: Jul 2012
Posts: 270
Stuff Happens outside of your control and planning. The Bankruptcy of an Industry. Stock & Options going from 7 digits to nothing, Pension went to PBGC with a significant haircut (over 50%), Supplemental Executive retirement, (For the income above ERISA limits) was not protected in bankruptcy & went to 0. Relocated for new Job at nadir of housing crash and ate a 6 digit loss. Fortunately contributed the IRS max to 401K for more than 2 decades, and have substantial after tax Savings. Keep a good attitude and stay flexible and don't sweat issues you cannot control. We will still retire young, but not at the "high life" we had become accustomed to. For that, I would have to work until 60 or 62, which is not worth it from our point of view.

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Old 05-17-2013, 01:56 PM   #23
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Join Date: Jul 2009
Posts: 4,087
We had two derailments that were real estate related and resulted in about a $150k loss. The only positive was that when DH retired 3 years ago I decided to work part-time for awhile - basically until we sold our then current house and bought and remodeled our retirement house. So the earnings I've made over the last 3 years have more than offset the loss and we are now in a great house (which isn't either one of the two houses that we owned when DH retired...) It has been a wild ride but worked out OK. I did end up working part-time longer than I had originally planned but that was the flexibility that continuing to work part-time gave me. I am planning on soon fully retiring.

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