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The perfect storm - my 2015 Retirement plan
Old 03-13-2015, 11:20 AM   #1
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The perfect storm - my 2015 Retirement plan

No not the book by S Junger but the evolution of my retirement plan.

After many years of planning/saving and convincing DW we agreed that I would ER in July of 2015. The final agreement was in Nov. On Dec 1st my company announced that it would merge with another company. Initially there was hope for a layoff package but it seemed that for my function there were no "synergies" so there would not be one, so the original date stayed intact. Early in 2015 it looked like we would move to a new facility in late June. More discussions with DW and we agreed it made no sense to move and then quit a month later so it move to June 5 (almost D-Day).

Two weeks ago there was a memo that asked if someone what thinking of leaving to let mgmt know and they would be offered a "generous" package. I immediately volunteered without seeing the package (got in trouble with DW for that but my rationale was some package was better than no package).

Forward to this week and yesterday I was officially given notice in order to satisfy the WARN act here in the US. I have worked out with my boss that my last day will be May 1st (May Day a fitting last day of work I think). The package is ok and will net me about 4 months salary plus Cobra coverage for 6 months on the company before I have to take over HC myself.

Needless to say I am ecstatic, I never thought that my plans in Nov 2014 would work out so well. There is lots to do and lots to prepare for which was already started but will need a bit of acceleration but I don't think I could have purposely planned it better. I thank everyone here for the advice so far and look forward to your advice in the future as I officially ER and turn the page on a working career and start one as a wanttobe rockstar (with no talent)

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Old 03-13-2015, 11:24 AM   #2
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Awesome! Congrats I'm still a few years out, but can only hope things will work out so well then!
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Old 03-13-2015, 11:25 AM   #3
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Congrats & good luck on your rock star gig!


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Old 03-13-2015, 11:28 AM   #4
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Wow, what a terrific way to retire! Congratulations.
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Old 03-13-2015, 11:43 AM   #5
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Congratulations. Sometimes it just all works out.
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Old 03-13-2015, 11:50 AM   #6
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Congrats!

( You got what I want from my megacorp, any kind of "package" offer to sent me off to ER. I am jealous. )
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Old 03-13-2015, 11:52 AM   #7
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Get ready to have the best summer ever!

Just great when the ball bounces our way.
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Old 03-13-2015, 11:53 AM   #8
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Nice that it all turned out for you. Enjoy your freedom.
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Old 03-13-2015, 11:55 AM   #9
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Congratulations, nice to hear that it worked out and you can get some extra bonus for going out the door earlier!
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Old 03-13-2015, 01:37 PM   #10
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That's great! You get to retire even earlier with more $ to show for it.
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Old 03-13-2015, 01:44 PM   #11
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Congratulations! Welcome to the Class of 2015.
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Old 03-13-2015, 01:50 PM   #12
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Quote:
Originally Posted by robnplunder View Post
Congrats!

( You got what I want from my megacorp, any kind of "package" offer to sent me off to ER. I am jealous. )
+1 I tried a few times to get a package, and finally gave up and left anyway.
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Old 03-13-2015, 01:52 PM   #13
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Talk about the stars aligning! Very appropriate for a budding rock star. Congratulations!
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Old 03-13-2015, 02:31 PM   #14
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Fantastic !! They say you can't always get what you want --- but every once in awhile you do ! Enjoy your next chapter!!
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Old 03-13-2015, 03:41 PM   #15
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Sweeeeet!
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Old 03-13-2015, 04:01 PM   #16
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Great the way it worked out. Now go enjoy your good fortune!
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Old 03-13-2015, 04:06 PM   #17
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Congrats!

But be warned that there's already a surplus of rock stars sans talent...


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Old 03-13-2015, 05:47 PM   #18
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Yeeeha!

I wannabe a Playboy photographer but (to paraphrase a country song) my phone's still not ringin' so I guess that's still them not callin'....
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Old 03-13-2015, 05:53 PM   #19
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Nice job and congrats on the package, even if it is a little one.

My package will likely be grabbing one of the free cokes as they escort out of the building next week when give notice.
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Old 03-15-2015, 04:43 PM   #20
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That's awesome for you. Glad the cards were dealt in your favor and timed rather nicely!


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