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OMY - Not so fast ( Today was THE DAY)
01-18-2016, 01:48 PM
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#1
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Thinks s/he gets paid by the post
Join Date: Mar 2009
Posts: 2,985
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OMY - Not so fast ( Today was THE DAY)
In a post earlier this month I admitted being lured into OMY with the promise of easier duties and less travel. Well, wouldn't you know it but the bean counters intervened and I actually ended up with MORE geography to cover!
Today I sent my boss my plans to retire in a couple of months. For real. He called me and we had a nice discussion. I plan on taking the high road and leaving with no task undone and my reputation intact. First thing on the schedule, a long vacation in a warmer climate! This was the toughest decision I've faced after 36 years at the same company. Markets going down and a pension that will buy a couple bags of groceries, on the other hand I've got COH to get me through the first ten years. You just reach a point where you need to take the plunge. Until you hit the send button you really don't know how it will feel. Now I do. FREEDOM!!!! 
__________________
Took SS at 62 and hope I live long enough to regret the decision.
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01-18-2016, 02:17 PM
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#2
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Full time employment: Posting here.
Join Date: Apr 2014
Location: Houston
Posts: 958
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Congratulations! I remember that feeling when one finally makes that decision and communicates it to your boss. Very empowering! Enjoy your future!
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01-18-2016, 02:29 PM
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#3
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Thinks s/he gets paid by the post
Join Date: Dec 2015
Posts: 2,232
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first of all, Congratulations!
secondly, I checked the acronym page and didn't find "COH".
What is it?
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01-18-2016, 02:32 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Feb 2010
Location: Cavalier
Posts: 2,317
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Congratulations!
__________________
"Don't take life so serious, son. It ain't nohow permanent." Pogo Possum (Walt Kelly)
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01-18-2016, 02:32 PM
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#5
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2013
Location: Limerick
Posts: 5,655
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 Quote:
Originally Posted by HadEnuff
first of all, Congratulations!
secondly, I checked the acronym page and didn't find "COH".
What is it?
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I believe Cash on Hand.
Congratulations to the OP!
Sent from my iPhone using Early Retirement Forum
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01-18-2016, 02:36 PM
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#6
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 7,113
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Right now COH is the best investment.
__________________
Duck bjorn.
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01-18-2016, 02:44 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Mar 2009
Posts: 2,985
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Thanks All. Yes COH is cash on hand - from my accounting 101 in the '70's
__________________
Took SS at 62 and hope I live long enough to regret the decision.
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01-18-2016, 02:48 PM
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#8
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Recycles dryer sheets
Join Date: Jan 2015
Location: Toronto
Posts: 203
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Congratulations! I think it is pretty unlikely you'll regret it. Please keep us posted on how it goes.
I tried the COH route, but it was too much trouble. I kept dropping it all over the place, and my knees aren't good so having to squat down to pick it up again was a pain, not to mention running after it if it was windy. Now I prefer CIM (Cash-in-Mattress).
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01-18-2016, 03:30 PM
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#9
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Full time employment: Posting here.
Join Date: Jan 2006
Posts: 956
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Congratulations! Sounds like you reached the tipping point. Best of luck!
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01-18-2016, 04:08 PM
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#10
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,213
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Congratulations!
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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01-18-2016, 05:30 PM
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#11
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Thinks s/he gets paid by the post
Join Date: Apr 2012
Posts: 2,929
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Congratulations!
I fantasize about hitting that "send" button myself.
I'm happy for you that you know how it actually feels!
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01-18-2016, 05:48 PM
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#12
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,501
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__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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01-18-2016, 05:58 PM
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#13
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Thinks s/he gets paid by the post
Join Date: Feb 2012
Location: Tampa Bay Area
Posts: 1,866
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Welcome to a new and exciting chapter ! For me this is the best time of my life; I hope you find the same
__________________
"For the time being no discipline brings joy, but seems grievous and painful; but afterwards it yields a peaceable fruit of righteousness to those who have been trained by it." ~
Hebrews 12:11
ER'd in June 2015 at age 52. Initial WR 3%. 50/40/10 (Equity/Bond/Short Term) AA.
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01-19-2016, 02:44 PM
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#14
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Thinks s/he gets paid by the post
Join Date: Mar 2009
Posts: 2,985
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Next twist. My boss told today that my concerns have been addressed. I thanked him and told him that I'm sure whoever takes the job will appreciate that. I think he's in some kind of denial.
__________________
Took SS at 62 and hope I live long enough to regret the decision.
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01-19-2016, 02:48 PM
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#15
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,022
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Quote:
Originally Posted by foxfirev5
I thanked him and told him that I'm sure whoever takes the job will appreciate that.
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Good one! 
__________________
Numbers is hard
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01-19-2016, 02:51 PM
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#16
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Full time employment: Posting here.
Join Date: May 2011
Posts: 873
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Excellent news. Now go and enjoy the rest of your life. Congrats!
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01-19-2016, 04:06 PM
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#17
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Thinks s/he gets paid by the post
Join Date: Jul 2013
Posts: 1,046
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Congratulations! Oh how I wish I was in your shoes right now...one day.
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01-19-2016, 04:07 PM
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#18
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Moderator
Join Date: Jul 2010
Posts: 7,945
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Congrats on sticking to your guns! Now start that countdown calendar!
__________________
"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." William Feather
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ER'd Oct. 2010 at 53. Life is good.
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01-19-2016, 08:16 PM
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#19
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Thinks s/he gets paid by the post
Join Date: Apr 2006
Location: North Bay
Posts: 1,251
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My hands start to sweat just reading about pressing the send button, and I'm only a couple months away from doing it myself. How can I anticipate that moment so keenly, yet feel such a sense of anxiety about it at the same time?
Anyway, congratulations firefox on making the commitment and sticking to it!
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01-19-2016, 08:44 PM
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#20
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Thinks s/he gets paid by the post
Join Date: Dec 2015
Location: Santa Paula
Posts: 4,077
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Quote:
Originally Posted by foxfirev5
Next twist. My boss told today that my concerns have been addressed. I thanked him and told him that I'm sure whoever takes the job will appreciate that. I think he's in some kind of denial.
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After getting no raises for 2 years, I pulled the plug! I found out later they had to hire 3 people to replace me LOL
__________________
Retired Jan 2009 Have not looked back.
AA 60/35/5 considering SS and pensions a SP annuity
WR 2% with 2SS & 2 Pensions
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