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11-08-2007, 06:29 AM
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#1
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Full time employment: Posting here.
Join Date: Mar 2005
Location: Punta Gorda, FL
Posts: 828
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Retirement party
I officially retired at 50 Oct. 1st. My old boss gave me a retirement party last night. It was held at a nice place and it was nice to see some of the guys. But I don't miss the work at all.
I was expecting to get a watch or a set of golf clubs but instead the boss gave me a check for $10,000. So I'm going to have my set regripped and invest the rest. Old habits are hard to break.
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11-08-2007, 06:47 AM
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#2
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Full time employment: Posting here.
Join Date: Mar 2007
Posts: 577
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Wow, that would cover a pretty nice watch and a custom set of clubs quite nicely. But hey might as well stick with the program that got you here.
__________________
I highjacked a rainbow and crashed into a pot of gold - Bon Jovi
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11-08-2007, 07:04 AM
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#3
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2007
Posts: 14,328
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 Quote:
Originally Posted by dm
.......I was expecting to get a watch or a set of golf clubs but instead the boss gave me a check for $10,000. .........
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I'll trade you retirement gifts....... 
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11-08-2007, 07:32 AM
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#4
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,072
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Very nice! Hard to beat cash. My boss gave me money to go buy a new cart. I honored his request. 
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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11-08-2007, 07:40 AM
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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: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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And all this time I thought you were too old for a two-seater rag top...
__________________
Numbers is hard
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11-08-2007, 07:53 AM
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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 2005
Location: Central MS/Orange Beach, AL
Posts: 9,072
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Quote:
Originally Posted by REWahoo
And all this time I thought you were too old for a two-seater rag top...
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Pedal to the metal baby! 8)
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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11-08-2007, 10:31 AM
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#7
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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Quote:
Originally Posted by dm
I was expecting to get a watch or a set of golf clubs but instead the boss gave me a check for $10,000.
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Wow, that's fantastic!! What a great send-off.
__________________
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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11-08-2007, 02:15 PM
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#8
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Dryer sheet aficionado
Join Date: Sep 2005
Posts: 42
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Doesn't Nords suggest people skip the reitrement party?
Wow. That's a heckuva goodbye . . . I guess they really don't want you back ! 
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11-08-2007, 03:24 PM
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#9
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Thinks s/he gets paid by the post
Join Date: Oct 2006
Location: North-Central Illinois
Posts: 3,228
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Quote:
Originally Posted by dm
I was expecting to get a watch or a set of golf clubs but instead the boss gave me a check for $10,000.
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If you REALLY had your heart set on a watch, I'll trade you even up. It's even still in the box!
I had my heart set on a gift certificate at the butcher shop, thought it was 'in the bag'.......then they give me a stinkin' watch instead! I don't need no stinkin' watch! I'm not sure who yet, but somebody is going to be getting a watch for Christmas this year! 
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11-08-2007, 03:37 PM
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#10
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2007
Posts: 14,328
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A little sandpaper takes the engraving right off the back.
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11-08-2007, 03:53 PM
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#11
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Thinks s/he gets paid by the post
Join Date: Oct 2006
Location: North-Central Illinois
Posts: 3,228
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They were to #%@& cheap to have it engraved! Cheap Ba$tards!
They told me if I wanted to have engraved myself, they would "consider" paying part of the bill! $crew them! 
Heck, I didn't even tear the freaking UGLY wrapping paper when I open it, so all it'll take to "re-gift" it is one small piece of tape. It even has an UGLY bow intact!
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11-08-2007, 04:17 PM
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#12
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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Quote:
Originally Posted by Goonie
They were to #%@& cheap to have it engraved! Cheap Ba$tards!
They told me if I wanted to have engraved myself, they would "consider" paying part of the bill! $crew them!
Heck, I didn't even tear the freaking UGLY wrapping paper when I open it, so all it'll take to "re-gift" it is one small piece of tape. It even has an UGLY bow intact! |
Gee!! That's awful!! As another gov't employee, I am sure I won't get $10K as a retirement gift. I probably won't get a watch, either, but if I do then I hope it's engraved. 
__________________
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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11-08-2007, 04:25 PM
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#13
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Gone but not forgotten
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 11,447
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Quote:
Originally Posted by Goonie
If you REALLY had your heart set on a watch, I'll trade you even up. It's even still in the box!
I had my heart set on a gift certificate at the butcher shop, thought it was 'in the bag'.......then they give me a stinkin' watch instead! I don't need no stinkin' watch! I'm not sure who yet, but somebody is going to be getting a watch for Christmas this year! |
or you can always sell it on ebay !
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11-08-2007, 04:32 PM
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#14
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Recycles dryer sheets
Join Date: Jul 2007
Posts: 229
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Quote:
Originally Posted by dm
I was expecting to get a watch or a set of golf clubs but instead the boss gave me a check for $10,000.
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Now that is the kind of retirement gift I wish I had received! Congrats!
TG
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11-08-2007, 04:48 PM
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#15
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Posts: 1,015
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Hey! At least a watch is useful.
At my retirement lunch, I was presented with THE UGLIEST molded glass vase I have ever seen. Really. It's not tall enough to be used as a flower vase, yet it's too tall to use as a pencil holder. The shape is strange; the color is splotchy white and it has streaky speckles through it.
I collect blown and slumped glass vases and bowls from a small group of artists and had two prized pieces in my office for years. So, when he gave me this gift my boss noted that they were happy to be able to add to my collection. Afterwards, my secretary told me how much my boss spent for this abomination -- geez!!
I know I should be appreciative of the gesture, but I wish someone would have done a little more homework before making this decision.
Worse of all, as my boss doesn't know the market, he got an awful deal when he bought it. This piece is worth maybe $100 (I'm being generous here), but apparently the boss paid many, many times that for this "artwork." And I can't even get rid of it because the boss had my name and retirement date laser engraved on the bottom. (Sandpaper doesn't work too well on glass.)
I was gracious when I accepted it -- did the appropriate "oooh and ahhhh, oh you shouldn't have" etc., but I woulda prefered to have the $$ -- or even a watch.
OK, enough of this rant...the vase will stay in a box in the basement...sigh.
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11-08-2007, 09:50 PM
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#16
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Thinks s/he gets paid by the post
Join Date: Oct 2006
Location: North-Central Illinois
Posts: 3,228
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Quote:
Originally Posted by Achiever51
Hey! At least a watch is useful.
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I already have a watch that works, don't really need two. And besides, I'm retired so most of the time I don't even care what time it is.
It's really a piece of crap fine time piece, so I shouldn't belittle the schmuck my former employer for giving me that worthless piece of crap token of their appreciation. Heck, I bet they spent at least $30 on it! That's almost $1 per year of service....Oh Joy! How Generous! (I would have preferred a $30 gift certificate at the butcher shop....."Hey Bill, gimme 30 bucks worth of dead cow to throw over the charcoal!")
The best part of it was the actual presentation. About 2 weeks after I pulled the plug, I had to go back to the main office to check on some paperwork. Just before I left, one of the office girls said, "Wait a second, somebody left something here for you, in case you came in." She came back with a box with UGLY wrapping paper and an even UGLIER bow, and handed it to me then turned to walk away. I asked what it was and who it was from and she said, "I don't know who left it, but I guess it's a retirement present or something."
That was it! 
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11-08-2007, 10:09 PM
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#17
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Thinks s/he gets paid by the post
Join Date: Oct 2007
Location: Willamette Valley, Oregon
Posts: 1,979
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Quote:
Originally Posted by dm
I officially retired at 50 Oct. 1st. My old boss gave me a retirement party last night. It was held at a nice place and it was nice to see some of the guys. But I don't miss the work at all.
I was expecting to get a watch or a set of golf clubs but instead the boss gave me a check for $10,000. So I'm going to have my set regripped and invest the rest. Old habits are hard to break.
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Wow! Nice boss and firm to work for!!
The place I worked, state government agency, they gave me a $25 certificate to Olive Garden , a cake (which was eaten mostly by them), and a card. Woopee.
Sounds like you are off to a good start on ER, and that $10k is a very nice sendoff.
__________________
Dreams Worth Dreaming are Dreams Worth Planning For. I Spent a Career Planning for Early Retirement.
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11-09-2007, 07:57 AM
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#18
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
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Yep. I've never ever heard of a story like this before. Impressive.
I did get a little money in my pocket from selling back leave. I was sorely punished for doing so by the Defense Finance & Accounting Service as they attempted to decide what W-2 I would get the following year by sending four of them. And, heck, they were just returning my earnings to me in the first place.
When I think of the boss I had at the time of my retirement, and the signal that a $10K check would send to the attendees...
__________________
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Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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11-09-2007, 08:14 AM
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#19
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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: 50,021
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Quote:
Originally Posted by dm
... the boss gave me a check for $10,000.
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Wow. Your boss was four times as happy to get rid of you as mine was...
__________________
Numbers is hard
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11-09-2007, 01:05 PM
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#20
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2005
Location: Charleston, SC
Posts: 13,566
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I once got a $500 "exit bonus"--for keeping my mouth shut on the way out the door! I hated my boss and knew he'd paid another employee for her unused leave (a no-no) so I held out for a little something for myself, rather than go to the next level up with that tidbit.
__________________
“One day your life will flash before your eyes. Make sure it's worth watching.”
Gerard Arthur Way
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