Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 03-28-2011, 09:24 PM   #41
Recycles dryer sheets
SteveNU's Avatar
 
Join Date: Feb 2010
Posts: 313
I'll be eligible to go on 7/1/2013 at the age of 56 with a full pension. My wife is 4 years younger and will hopefully keep going till she is 55 so she can get a small pension.

Concentrating on paying down the mortgage and saving like crazy these last few years.

824 days left!
__________________

__________________
SteveNU is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 03-31-2011, 08:54 PM   #42
Thinks s/he gets paid by the post
martyb's Avatar
 
Join Date: Nov 2006
Location: Bossier City
Posts: 2,182
659-Total
400-Actual work days
__________________

__________________
martyb is online now   Reply With Quote
Old 04-12-2011, 12:34 AM   #43
Thinks s/he gets paid by the post
kyounge1956's Avatar
 
Join Date: Sep 2008
Posts: 2,171
I passed a minor milestone yesterday. That was the first time I replied "in about two years" rather than "in a little over two years" when someone asked me when/if I'm planning to retire.
__________________
kyounge1956 is offline   Reply With Quote
Old 04-12-2011, 11:15 AM   #44
Thinks s/he gets paid by the post
martyb's Avatar
 
Join Date: Nov 2006
Location: Bossier City
Posts: 2,182
Congratulations! Personally, I'm just a little over 21 months away now...21 months, 6 days, to be exact! Feels good, don't it?
__________________
martyb is online now   Reply With Quote
Old 04-13-2011, 08:05 PM   #45
Recycles dryer sheets
KM's Avatar
 
Join Date: Jan 2007
Posts: 391
I turn 55 in Nov 2012, so I always pictured myself in the class of 2012 - but I am now officially declaring my intent to "graduate" to retirement in 2013. I need to stay the full year (2012) for my 2012 salary to count towards my pension. If I leave Dec 1st (earliest I could leave with subsidized health care) - I would have to use 2007-2011 for my pension calculations versus 2008-2012. Given the bonus structure changes, my 2012 salary will look a lot better than my 2007. So for another month - it's well worth it.

After that, it really is a matter of deciding what day to say "I'm done". I have plenty of vacation, so I could almost work part-time for a few months, if I wanted to. A lot will depend on whether we have bought our fifth wheel by then or if we are still looking. It will also depend on how much they annoy me after 1/1/2013.....

But I need/want a number like martyb. I can definitely relate to Alan's comment - the closer I have gotten, the harder it has become. But I am pretty sure when summer of 2012 comes, it is not going to be so hard....

So now I am going to go figure a number out
__________________
KM is offline   Reply With Quote
Old 04-13-2011, 08:27 PM   #46
Recycles dryer sheets
KM's Avatar
 
Join Date: Jan 2007
Posts: 391
OK - I chose 1/4/2013 as my last day. That puts me at:

Days - 632
Week Days - 452
Work Days - 375

Work Days = Week Days minus holidays and vacation days I will take in 2011 and 2012)

Hope I did that right....

That still leaves me with 22 vacation days I could take in Jan 2013, if I wanted to.

*********************
1. martyb - 55
2. DFA - 54
3. KM - 55
__________________
KM is offline   Reply With Quote
Old 04-13-2011, 09:21 PM   #47
Thinks s/he gets paid by the post
martyb's Avatar
 
Join Date: Nov 2006
Location: Bossier City
Posts: 2,182
Congrats to you, KM...for being so close to realizing your goal!
__________________
martyb is online now   Reply With Quote
Old 04-15-2011, 11:29 PM   #48
Thinks s/he gets paid by the post
Helen's Avatar
 
Join Date: Oct 2004
Location: Portland
Posts: 1,343
Count me in on the class of 2013. I can bail in May of 2013. I will be 56 and have 20 years of Federal service. I will either take a reduced pension (30%) or postpone the pension until I am 60. I am hoping they offer an early out that year, if it looks like they will I will hang around to see if my position makes the list.

In the meantime, life is good.
__________________
Helen is offline   Reply With Quote
Old 04-16-2011, 07:18 PM   #49
Confused about dryer sheets
 
Join Date: Sep 2010
Location: Uhrichsville
Posts: 4
I am ER on 1/1/13! My last day of work is 12/12/12/ due to vacation time!
__________________
jeffwltrs is offline   Reply With Quote
Old 04-29-2011, 07:48 AM   #50
Thinks s/he gets paid by the post
martyb's Avatar
 
Join Date: Nov 2006
Location: Bossier City
Posts: 2,182
631
__________________
martyb is online now   Reply With Quote
Old 04-29-2011, 10:14 AM   #51
Recycles dryer sheets
In-control's Avatar
 
Join Date: Mar 2007
Posts: 319
550days - I will be 50 and my kids will be all set with college. I don't mind work but have the $ to ER and am only working to fund 50% of there college.
__________________
Just Trekking thru!
In-control is offline   Reply With Quote
Old 04-29-2011, 05:19 PM   #52
Thinks s/he gets paid by the post
martyb's Avatar
 
Join Date: Nov 2006
Location: Bossier City
Posts: 2,182
Wow...50...that's GREAT!!! Congrats to you! Wish I could have checked out sooner than 55, but I'm stuck in a pension that requires me to stay until then.
__________________
martyb is online now   Reply With Quote
Old 04-30-2011, 04:29 PM   #53
Recycles dryer sheets
KM's Avatar
 
Join Date: Jan 2007
Posts: 391
Days - 616
Week Days - 440
Work Days - 363
and counting.....

Congrats to the latest members!

I always wanted to retire at 50, but the health insurance is the toughest piece of the puzzle. I have to stay until 55 to get subsidized health care and without it, it would be pretty pricey for two of us on the open market.

You hate to wish yourself another year older...but I really wish it were 2012.
__________________
KM is offline   Reply With Quote
Old 04-30-2011, 05:59 PM   #54
Thinks s/he gets paid by the post
martyb's Avatar
 
Join Date: Nov 2006
Location: Bossier City
Posts: 2,182
I understand the sentiment...trust me!
__________________
martyb is online now   Reply With Quote
Old 05-06-2011, 07:44 PM   #55
Recycles dryer sheets
 
Join Date: Mar 2011
Posts: 73
I'm planning to leave in August of 2013. I'll be 60. I've been working part time for the last few years but just returned to full time so I can retire sooner and join my husband in more of his adventures.

27 more months. 810 days
__________________
bikeknit is offline   Reply With Quote
Old 05-06-2011, 08:52 PM   #56
Thinks s/he gets paid by the post
martyb's Avatar
 
Join Date: Nov 2006
Location: Bossier City
Posts: 2,182
That 27 months will go by pretty fast, so just be sure you're preparing. While I'm down to 20 months, I'm starting to get just a little nervous, hoping I'm covering all the bases...
__________________
martyb is online now   Reply With Quote
Old 05-07-2011, 01:15 PM   #57
Recycles dryer sheets
KM's Avatar
 
Join Date: Jan 2007
Posts: 391
Quote:
Originally Posted by martyb View Post
That 27 months will go by pretty fast, so just be sure you're preparing. While I'm down to 20 months, I'm starting to get just a little nervous, hoping I'm covering all the bases...

Agreed - the closer it gets the more nervous I get. I keep trying to figure out what I might be missing or what I have forgotten.

The one thing I realized a few years ago (after reading some posts here) was that I hadn't really factored in major home expenses to my retirement budget. So DH and I sat down one night and made a long list of all the things we have bought over the years (that had a significant cost) that we will probably need to replace over the 40 year span (roof, cars, floors, carpet, tvs, stoves, refrigerators, siding, windows, doors, washer, dryer, etc, etc ) and how many times we would need to replace them. Came up to over $130K in today's dollars. That was a little eye-opening. So I promptly made adjustments for that...... Food for thought, if you haven't already.

It would be great to hear other people's "OMG, I forgot about that" moments..... We all have different needs in retirement, but I always look for what others are mentioning to see whether my response is 1) got is covered, 2) don't need to deal with or 3) ewww.....I never thought about that!
__________________
KM is offline   Reply With Quote
Old 05-08-2011, 04:34 PM   #58
Recycles dryer sheets
OrcasIslandBound's Avatar
 
Join Date: Mar 2010
Location: Poway, CA
Posts: 441
999 days... oops wrong forum, should have been 2014.
__________________
OrcasIslandBound is offline   Reply With Quote
Old 05-08-2011, 06:11 PM   #59
Thinks s/he gets paid by the post
martyb's Avatar
 
Join Date: Nov 2006
Location: Bossier City
Posts: 2,182
Wishful thinking...completely understandable!
__________________
martyb is online now   Reply With Quote
Old 05-09-2011, 02:52 PM   #60
Recycles dryer sheets
 
Join Date: Mar 2011
Posts: 73
Quote:
Originally Posted by KM View Post
It would be great to hear other people's "OMG, I forgot about that" moments..... We all have different needs in retirement, but I always look for what others are mentioning to see whether my response is 1) got is covered, 2) don't need to deal with or 3) ewww.....I never thought about that!
My OMG is what would happen if I were to lose my husband shortly after I retire. Besides the obvious emotional hit, it would be more difficult financially. His pension, SS, and a little from our savings and/or my SS when I get it are plently to fund our lifestyle. BUT my survivor's benefits are quite a bit reduced and I'm enough younger that I'd have to fund a gap before I draw SS. The FIRECALC for me alone is not quite as great as for the two of us together. So I'm working a little longer to shore up the savings - though he is recently retired. We will try to take some fun vacations to help get us to the point where we are both retired.
__________________

__________________
bikeknit is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Microsoft workers to pay part of health care in 2013 dex FIRE and Money 40 11-02-2010 12:53 PM
FDIC limits raised until 2013 burch64 FIRE and Money 6 05-24-2009 09:51 PM
Obama Plans to Reduce Budget Deficit to $533 Billion by 2013 dex FIRE Related Public Policy 53 03-10-2009 03:39 PM

 

 
All times are GMT -6. The time now is 03:32 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.