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Old 09-19-2014, 09:54 AM   #41
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Congrats! Post again in a bit, and I bet you'll tell us how much you're loving life! Thanks for the update.
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Old 09-19-2014, 10:30 AM   #42
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Join Date: Jan 2008
Location: NC
Posts: 16,876
Originally Posted by pb4uski View Post
Congratulations. It is very natural to be nervous. Change is hard, even good change.
+1, well said. Best of luck "coping" (the OP)!
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 50% equity funds / 30% bond funds / 20% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
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Old 09-19-2014, 11:01 AM   #43
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Join Date: Jul 2006
Location: Denver
Posts: 3,210

If I could offer a bit of advice based on our ER'ing on May 1st 2008 - just before the last stock market collapse.

Understand your investments, asset allocation and policies (ie. when to rebalance, how much to withdraw etc) in depth. You REALLY need to understand and be comfortable with this because your belief WILL be tested. It is much easier to deal with a market slump when working than when you're not. Even if you use an investment adviser, be certain that you've studied (not just read) the literature that supports your plan. Don't rely on just what your investment manager says - do your own independent research. (There's plenty of links to books here and on bogleheads)

All the very best to you.
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Old 09-19-2014, 12:02 PM   #44
Full time employment: Posting here.
Join Date: May 2011
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Congrats! Now you can enjoy the 1st day of the rest of your life and be free!
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Old 09-19-2014, 12:37 PM   #45
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Join Date: Jun 2014
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I should have looked at the date before I wrote the long comment lol
If money is the root of all evil I want to be a bad man
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Old 09-28-2014, 11:04 PM   #46
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Awesome, Way to go!! Enjoy!
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Old 09-29-2014, 11:02 AM   #47
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Join Date: Aug 2013
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Originally Posted by coping View Post
Hey everyone, I thought I'd give an update.

Tomorrow is my last day at MegaCorp!! I am so excited.

In my original post I mentioned that I was thinking that I'd leave last year. I was very burned out but was also worried about having enough money (among other things). I decided to stay one more year and while the burn out is even worse, the market did well!

I'm still nervous about all this, but I am also ready to see what the future holds. As my last day has gotten closer, my nerves have been getting worse and worse. It seems strange given that this is really what I want. But 22 years at the same company is a long time and I know I will have a time adjusting. They are having a retirement party for me tomorrow and I'm sure that will be a bit emotional. All that said, I'm ready for the challenge of the change.

I wanted to thank you all again for the great advice and support last year. It really helped me gain the courage to make this move. I hope to become more of a "regular" here now that I'll have more time.

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Sounds to me like you are ready. Remember, life is short and you only go this way once. I worked for a mega corp for almost 30 years and made a very good salary, especially the last 6 to 8 years. I was about 10 years older than you when I finally retired and had many of the same fears. Almost 3 years into retirement now and none of those fears have been realized. These days, I don't why I was so concerned. Of course YMMV.
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Old 10-01-2014, 08:51 PM   #48
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Congrats, that is awesome!
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