Celebrated My 55th birthday on July 13th retired on July 18th after 34 years at an Insurance company. I was a Trainer for the last 20 years, so job was very stressful. I have been a lurker for the past 2 years. This forum has answered a lot of questions or pointed me in the direction to prepare for early retirement.
I did not retire with a 1,000,000 but I'm very resourceful and will make the best of what I have. I have about 560,000 between a 401k and the lump sum from a pension. My pension was penalized about 40% because of the early retirement. I know that staying any longer would not have been good for my mental or physical state of being.
I'm married and my husband is not eligible to retire for about 7-10 years. I was fortunate to get on his medical plan that reduced the cost of medical by 200 dollars. I also have a Long Term Care policy that will cost about $18.00 a month
that I will continue to pay. I took the policy out when it was first offered in 1992 under the group plan. I know that may have been an over kill but compared to the what it would cost today at my age, I'm glad I did. It also has some perks that is grandfather today, that is no longer being offered.
I live about 18 miles west of Atlanta.
Enough of an introduction,
I did not retire with a 1,000,000 but I'm very resourceful and will make the best of what I have. I have about 560,000 between a 401k and the lump sum from a pension. My pension was penalized about 40% because of the early retirement. I know that staying any longer would not have been good for my mental or physical state of being.
I'm married and my husband is not eligible to retire for about 7-10 years. I was fortunate to get on his medical plan that reduced the cost of medical by 200 dollars. I also have a Long Term Care policy that will cost about $18.00 a month
that I will continue to pay. I took the policy out when it was first offered in 1992 under the group plan. I know that may have been an over kill but compared to the what it would cost today at my age, I'm glad I did. It also has some perks that is grandfather today, that is no longer being offered.
I live about 18 miles west of Atlanta.
Enough of an introduction,