They want me to stay.... What Would You Do?

[RetireeRobert]

Quote:

Originally Posted by brett . You will have to offset the value of two years of healthy retirement against the opportunity cost of acceding to your director's request. Just one thing....you cannot buy time. Especially healthy retirement time. Once it has passed it has gone forever.

+1 You will "never" ever get back that two years. And you still have to option to w*rk parttime if you really fell you need that little extra bit of money.

If it were me, I would retire!

[Scrapr]

Quote:

Originally Posted by Out-to-Lunch If "they" = "mafia," then yes, stay. If "they" != "mafia," then no!

https://images.app.goo.gl/wWyhssXGvAqdtDPu5

just when I thought I was out....they drag me back in

[old medic]

The "company" is actually public service... and they aren't making any profit from me..
Well except off my property tax... Its the dedication and experience that they don't want to loose. Half the medics we have were not even born when I started, and the mind set shows in many of them.

[ivinsfan]

Quote:

Originally Posted by old medic The "company" is actually public service... and they aren't making any profit from me.. Well except off my property tax... Its the dedication and experience that they don't want to loose. Half the medics we have were not even born when I started, and the mind set shows in many of them.

That makes it easier you have provided plenty of public service, don't let them guilt you into providing more.

[dirtbiker]

Quote:

Originally Posted by old medic The "company" is actually public service... and they aren't making any profit from me.. Well except off my property tax... Its the dedication and experience that they don't want to loose. Half the medics we have were not even born when I started, and the mind set shows in many of them.

I wouldn't let this change your decision.

[Andre1969]

Old_Medic, even though the consensus here seems to be, get the hell outta Dodge, and as quickly as possible, it's still reasonable, that you posted your question. After pretty much spending your entire life either working in your career, or leading up to it (school, training, etc), it's hard to make a decision that's suddenly going to leave that all behind. So, even though the answer might seem obvious in retrospect, it's still good to bounce your thoughts off of us here, just for that added peace-of-mind that you're probably doing the right thing. Or, in the off chance there's something you're missing, I'm sure someone here would catch it.

I'm in a somewhat similar situation, where I could easily retire, presuming my FireCalc assumptions are correct and I didn't make any mistakes with the input. But then, for each month I keep working, I think about how much is going into my checking account to cover expenses, how much is still going into my 401k, and how much it's saving me on health insurance. And, as a result, it's hard to make the jump into retirement.

When I do start getting serious about it, I might be posting a similar question, with my own specifics, just to get sort of a reality check.

[FloridaJim57]

After a certain age, time is your most important commodity, not money. After age fifty or so, you realize that there is more of the landing strip behind you, than in front of you. And the plane does not go backwards under any circumstances. Tell your managers or whomever that your retirement plans are firm and make the most of whatever space you have left on the runway in front of you.

[nhcycling]

Do you want to work 2 more years or do you want to retire? The money is secondary at this point, you’ve reached your goal!

[38Chevy454]

You can add more years to your working, but you can't add more years to your retirement.

[W2R]

Good heavens, in your situation I'd RETIRE. You can afford it and time is slipping by.

[Bee4]

I think what they are really asking is for you to do the job so they don't have to look for your replacement. Offer to take on finding your replacement as your last project before retirement.

[Bee4]

great thoughts. I continue to be amazed at the hurdle from growing my 401k to spending it. It is a psychology barrier I never anticipated.

[bada bing]

Perspective is important. Keeping you on for 2 years would likely seem different than returning to work after experiencing some retirement lifestyle.

I left mega-corp after completing a negotiated severance work requirement (1 year retention). 3 months after retiring, I was offered a 1 year contract to return to my old position at pretty good terms (day rate contractor as opposed to benefit employee). It had absolutely no appeal to me after only 3 months away from the grind. But if I had been offered the same deal as an extension when I was leaving work ? I very well might have taken it.

I'm finding retirement better than I had imagined, even with the Covid lock downs. Knowing what I know now, I wish I'd had the where-with-all to pull the plug even earlier. Certainly not looking for a way to extend or return to the old grind.

[old medic]

Quote:

Originally Posted by FloridaJim57 After a certain age, time is your most important commodity, not money. After age fifty or so, you realize that there is more of the landing strip behind you, than in front of you. And the plane does not go backwards under any circumstances. .

I LOVE your analogy

[old medic]

Many thanks again....
Andre1969, When I posted the question I was 99.9% sure that I would still be retiring, but It doesnt hurt to consider the option, and get others opinions. And there is no doubt that it would be financially beneficial to us for me to stay 2 more years.
My grand father always said consider your Wants VS Needs....
Do I WANT to stay... Not really...
Do We NEED the extra money.... All though it would be nice... Not really.
And no one on here seems to think I NEED to either....

[RetireeRobert]

Quote:

Originally Posted by 38Chevy454 You can add more years to your working, but you can't add more years to your retirement.

Bingo!! +1

[skyking1]

Glad we could be of assistance, medic.

[RetMD21]

Well, I went back after a few months of retirement. I got the 2 day a week part time schedule I had always wanted and limited the duration. They were were fully staffed when I left but lost someone. The pandemic limited travel and we were staying home anyway. I don't think anyone who is FI should sign up something miserable.

[cyber888]

If you are really comfortable with your savings now .... I'd say "RUN ..and retire". If you feel miserable everyday .. 2 years is a long long time.

[Brat]

If you are an experienced medic you could associate with a community college medic training program and do some teaching.