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-   -   Made the break today. Have Pension . (http://www.early-retirement.org/forums/f26/made-the-break-today-have-pension-44489.html)

capt bill 05-29-2009 10:14 AM

Made the break today. Have Pension .
 
In this day you get scared that my state pension will stay available for the next hopefully 50 years. I am 53 and decided that it was time to leave. I have a pension that pays me 33,000 dollars a year with good medical for both of us. I have a small co pay for dental insurance. So my only worry is will the state stay solvent. Have a paid in full house, new so hopefully the systems will be ok for at least two years. Maybe more.

crazy connie 05-29-2009 10:23 AM

Congrats Capt Bill! Tell us more about your plans, goals etc when you have the time. This retirement gig can keep ya kinda busy!

NW-Bound 05-29-2009 10:35 AM

Hurray! A fellow Arizonan. You will be fine. When does your retirement start?

Westernskies 05-29-2009 11:12 AM

Greetings from East Mesa!
Welcome to the Forum. Sounds like you are in good shape with your AZ State pension, don't worry; i am still working and they will raise my taxes to pay for it if the state doesn't solve the current budget crisis!

WB52 05-29-2009 12:00 PM

Captain - Congratulations! I am 49 and still w*rking toward the milestone that you just reached. Freedom!
Best of luck. Enjoy!

Amethyst 05-29-2009 12:51 PM

>>
Quote:

Originally Posted by capt bill (Post 819837)
In this day you get scared that my state pension will stay available for the next hopefully 50 years. I am 53

Congratulations! I love that you're going for a century-plus...good genes, an optimist, or both?

Moemg 05-29-2009 12:59 PM

Welcome to the forum !

Helios 05-29-2009 02:22 PM

Congrats! Hello pension...goodbye tension!

LoftyNotions 05-29-2009 03:35 PM

Congratulations capt bill. Check back in with us and let us know how it goes for you.

Larry

kumquat 05-29-2009 05:17 PM

Welcome from a Canadian with a sister who 'snowbirds' in Arizona.

Budman 05-29-2009 08:05 PM

Congrats Captain
 
Congratulations Captain! You are beating me by 10 workdays! June is a perfect time to retire. :dance:

Radiophilejapan 05-29-2009 09:04 PM

Congrat from the far east, catp bill. From calculations I have seen here, 33K pension is roughly equivalent to a 25*33=825K$ nest egg, assuming it comes with COLA. Plus a fully paid house - not bad, great achievement!


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