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08-05-2016, 06:50 PM
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#1
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Recycles dryer sheets
Join Date: Jul 2016
Posts: 144
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Hi from New England
I have lurked on the boards here for a while and find much wisdom dispensed. Hubby and I are federal employees, one csrs and one fers retirement system.Will be eligible to retire in about 2 years.No Questions at present; just wanted to say hello.
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08-05-2016, 08:05 PM
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#2
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: South central PA
Posts: 3,469
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Welcome to the ER forum. We're a friendly crowd.
Sent from my iPhone using Early Retirement Forum
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08-05-2016, 09:03 PM
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#3
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Administrator
Join Date: Apr 2006
Posts: 22,973
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Welcome, Osprey. Always happy to see fellow New Englanders.
__________________
Living an analog life in the Digital Age.
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08-06-2016, 04:35 AM
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#4
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Thinks s/he gets paid by the post
Join Date: Jun 2013
Posts: 2,518
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Have you and DH attended the federal retirement seminar yet? It is well worth it!
Sent from my iPad using Early Retirement Forum
__________________
"Luck favors the prepared mind"
Pasteur
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08-06-2016, 08:47 AM
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#5
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Recycles dryer sheets
Join Date: Jul 2016
Location: New Hampshire
Posts: 381
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Welcome from Noo Hampsha!
__________________
Steve
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08-06-2016, 09:34 AM
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#6
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Full time employment: Posting here.
Join Date: Sep 2012
Location: Albuquerque
Posts: 840
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Welcome, Osprey. I'm also FERS and retiring in a year. We have a good retirement system but it is more difficult to minimize our taxes.
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08-06-2016, 09:35 AM
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#7
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
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Hi
__________________
You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
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08-06-2016, 10:46 AM
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#8
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Recycles dryer sheets
Join Date: Jul 2016
Posts: 144
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Quote:
Originally Posted by Golden sunsets
Have you and DH attended the federal retirement seminar yet? It is well worth it!
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Many years ago I attended one of the federal retirement seminars taught by a subject matter expert and it was excellent. More recently I attended one and it was not as good. Sad that FERS employees need training even more than those under the old system but the training has not been enhanced and young employees are not encouraged to attend, at least where I work.
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08-06-2016, 10:55 AM
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#9
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Recycles dryer sheets
Join Date: Jul 2016
Posts: 144
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Quote:
Originally Posted by ABQ2015
Welcome, Osprey. I'm also FERS and retiring in a year. We have a good retirement system but it is more difficult to minimize our taxes.
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I agree that figuring out how to draw down in a tax efficient manner will be challenging, but I am very grateful to have a pension.
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08-06-2016, 11:48 AM
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#10
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Thinks s/he gets paid by the post
Join Date: Sep 2013
Location: Cincinnati, OH
Posts: 4,354
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Welcome to the forum. The closer you get to that 2 years away end point the harder it will be to put up with the BS. Nice you both have those federal retirement plans.
__________________
The problem isn't artificial intelligence, it's natural stupidity.
You can't spend yourself to prosperity.
Semi-Retired 7/1/16: working part-time (60%) for now [4/24/17 changed to 80%]
Retired Aug 2, 2017; age 53
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08-06-2016, 04:28 PM
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#11
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Thinks s/he gets paid by the post
Join Date: Feb 2010
Location: Cavalier
Posts: 2,317
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Welcome from another retired Fed
__________________
"Don't take life so serious, son. It ain't nohow permanent." Pogo Possum (Walt Kelly)
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08-06-2016, 07:41 PM
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#12
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2013
Location: Texas
Posts: 10,863
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Welcome to the forums...
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08-09-2016, 10:44 AM
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#13
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Thinks s/he gets paid by the post
Join Date: Jun 2002
Posts: 1,635
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Welcome aboard from a Bay State USN retiree.
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friar1610
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07-08-2018, 05:43 AM
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#14
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Recycles dryer sheets
Join Date: Jul 2016
Posts: 144
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Updating this thread as I draw closer to retiring. Hubby retired earlier this year and I am going to discuss setting my retirement date with my management next week. Likely retiring by the end of this year. We have 2 pensions and a decent size nest egg. Am nervous about taking the plunge now since we still have one child in grad school we are helping with rent. I’ve set aside funds to cover our support through anticipated graduation date in Dec 2019. If graduation is delayed or job not found we likely would continue to help which we can do but would increase our withdrawal rate (still would be under 3%) or decrease spending in other discretionary areas,
The discussions I’ve read on this site have really helped a lot with pondering making my decision to jump and not do OMY. Continuing to work another year won’t change my retirement lifestyle significantly and working another year would give up a year of retirement when I am feeling the best I will healthwise. So I intend to set my date next week. Hubby says the water is fabulous!
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07-08-2018, 06:13 AM
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#15
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,007
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Right, with you hubby happily retired the premium time is now.
If you are keeping withdrawals under 3% that’s still very conservative.
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Retired since summer 1999.
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07-08-2018, 06:39 AM
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#16
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,232
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The water in New England in the winter will be more comfortable than the chair in the office.
__________________
TGIM
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07-08-2018, 10:24 AM
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#17
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,204
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Welcome to the board. DW grew up in New England, and we enjoy visiting at least once a year. Beautiful part of the USA.
__________________
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 / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
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07-08-2018, 12:12 PM
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#18
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Moderator
Join Date: Jul 2010
Posts: 7,925
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Congratulations on making the decision, Osprey! Like you, I found this site invaluable in helping me get over my hesitation to ER, and I'm so glad I did. Hope your discussion with management goes well and you can start your countdown calendar!
__________________
"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." William Feather
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ER'd Oct. 2010 at 53. Life is good.
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07-08-2018, 03:03 PM
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#19
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Full time employment: Posting here.
Join Date: Dec 2012
Posts: 656
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My cousin lives in NH. I live in CA. I'm trying to get him to finagle a motorcycle for me to use while out there. My goal is to take a trip along the coast of Maine, then hook up with my brother at his cabin in Whiting ME.
Motorcycles are ~$200/day for rent. That's too expensive for me. I have a Kawasaki Concourse 1400 that I offered in exchange. A ride through Big Sur/CA Redwoods/Highway 1 would be a fair trade I would think.
Sorry, shameless plug. But welcome and I do love New England. God's country.
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