honobob
Thinks s/he gets paid by the post
- Joined
- May 8, 2006
- Messages
- 1,036
I was interested in how many people plan to retire in the near future and why they are choosing that time.
Retiring in 2008?
- Thread starter honobob
- Start date
W2R
Moderator Emeritus
I will qualify for lifetime medical in 2009, and I plan to retire at that time.
With health care expenses spiralling ever upwards, I think that having that benefit could be very helpful and will certainly give me more peace of mind. If health care was not the "issue du jour" these days, I would probably retire now as my portfolio is sufficient for my needs.
With health care expenses spiralling ever upwards, I think that having that benefit could be very helpful and will certainly give me more peace of mind. If health care was not the "issue du jour" these days, I would probably retire now as my portfolio is sufficient for my needs.
DangerMouse
Thinks s/he gets paid by the post
I'll have to admit we are totally confused as to what we are doing. We were orginally going to retire in June 08 but don't think we will be ready mentally for the move. We are about to start the green card process so by the looks that will keep us in the work force thru to at least mid-09. However, I have cut back to 4 days a week at work, which is better than 5, but is further confusing as I resigned last year and somehow I didn't leave my job.
Rivrider
Recycles dryer sheets
I plan on ER in November. I will be able to draw on IRA's then without penalty. Want to ER while still young enough to do things I want to do but can't while w*rking full time.
July 31 will be my last contractual day of employment. In reality, I don't plan to work beyond about July 10 when the moving van pulls up to take us half-way across the country to retire. (We're building a home in an "active adult" community in San Antonio, basically returning "home" after years of living elsewhere - including the current high-cost San Diego.) Part of me can't wait; part of me is a little sad, but I suspect I'll get over the sadness fairly quickly.
yakers
Thinks s/he gets paid by the post
One week into retirement. I retire because I could. I liked work and could have stayed but I have this opportunity to travel and do things with my wife while we can still get around. Don't want any more stuff. The recession does scare me a bit but we do not plan to tap any retirement funds outside of our pensions in 2008 so as long as the recession is not a long one we are in good shape.
