I was eligible for early retirement when I was 48 with a decent pension, but the pension board was trying to encourage people to keep working, so the rush of boomer retirements did not start a draw the pension couldn't maintain. So they initiated a deferred retirement program: retirement percent remained frozen at the 25 year level, but the workers retirement paycheck and continued contributions were deposited in a deferred tax account which accrued at a 5% rate. Of course, the pension continued to use that money for investments, but it was a win/win situation. There's an 8 year limit, though, so I must retire or lose that large sum of money if I keep working. So I'm retiring for financial purposes. not running from or to, but still trying to decide what goals I want to work towards in retirement. Friday's my last work day.
"Growing old is no excuse for growing up."