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Old 04-22-2013, 09:16 AM   #21
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Actually, neither.

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."
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Old 04-22-2013, 10:10 AM   #22
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Originally Posted by heeyy_joe View Post
Take a leave of absence and maybe your answer will come.
Good option IF you can arrange it. But unless you have a convenient 'excuse' (e.g. new child, health issue, pursuing education, etc.), taking an LOA risks changing how current colleagues look at you. Often folks are supportive, but sometimes LOA can lower their opinion of you (e.g. abandoning the ship, not as hard a w#rker, etc.).

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Old 04-22-2013, 10:14 AM   #23
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Think about the last time you had a vacation from work (preferably at least two weeks). Did you dread the thought of going back to work or were you looking forward to getting back?
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Old 04-22-2013, 11:43 AM   #24
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Originally Posted by David1961 View Post
Think about the last time you had a vacation from work (preferably at least two weeks). Did you dread the thought of going back to work or were you looking forward to getting back?
Two week vacation. What is that? Lol.

After i got back from my last vacation (other than a long weekend), I wanted another few days.
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Old 04-22-2013, 07:25 PM   #25
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Unfortunately I'm not retired yet, but...
Two years ago I was on a good project at MegaCorp that I had hoped would carry me to early retirement. Then I would have said that I was more "running to" and less "running from". Since then, that project has gone away, and what I'm left with has the "running from" desire is coming up fast. "From" would have overtaken "To" except that buying a retirement house is keeping the latter a strong contender.
How can you tell when a cat is retired?
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Old 04-23-2013, 09:29 AM   #26
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For me it was running to ER. I worked hard for 30 yrs thoroughly enjoying my job and barely considered or even planned for retirement. Then after 6 months of downsizing at w*rk I realized I was going to have to make a change. I assumed it was going to be a change to another assignment or job but when I looked at my pension benefits it was like a light switch going off in my brain. I did a little financial planning and 30 days later I made my decision and 6 months later I left my j*b. I never even imagined I would be bored in ER and I haven't been. 2 yrs later I still love ER.

Happy, Wild, and Free
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