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Old 10-14-2019, 09:34 AM   #201
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2020, is doable. I would like to retire to get the stock grants and get locked in on the pension and simply go somewhere else for a few years and be productive. I guess I am afraid there is a hidden clause somewhere about noncompete in my defined pension and that is the only thing that keeps me in the 2023 class. Otherwise I would punch out.
Why would you go elsewhere for a few years? Financial reasons or just not ready?
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Old 10-14-2019, 02:50 PM   #202
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Why would you go elsewhere for a few years? Financial reasons or just not ready?


I have 2 in college and the thought of being part of a startup appeals to me much more that current situation. Even if class of 2023 got delayed.
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Old 10-28-2019, 05:38 AM   #203
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Figure I better get on this thread. Planning on July 2020 right around my 46th birthday... giving myself the gift of freedom and I should earn just enough take home to cover my expenses for 2020 and allow me to max out my 401K one more year. Numbers work but I'm obsessively checking/rerunning them and definitely have a lot of anxiety/impatience.... going to be the longest 9 months of my life!
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Old 10-28-2019, 09:01 PM   #204
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Figure I better get on this thread. Planning on July 2020 right around my 46th birthday... giving myself the gift of freedom and I should earn just enough take home to cover my expenses for 2020 and allow me to max out my 401K one more year. Numbers work but I'm obsessively checking/rerunning them and definitely have a lot of anxiety/impatience.... going to be the longest 9 months of my life!
Welcome to the thread!
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Old 10-31-2019, 08:33 AM   #205
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I am also class of 2020, retiring at 60!
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Old 10-31-2019, 09:11 AM   #206
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I am also class of 2020, retiring at 60!
Welcome, Third Son - what's your story?
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Old 10-31-2019, 10:14 AM   #207
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Hi, Class of 2020. I feel like I have one leg in your class and one in the 2015 Class. I semiretired in 2015 to teach part-time online (flexible hours/days for 9 months) at half my salary, and while the purists don't call me retired, I certainly feel retired in comparison to my former work life.

It looks like the online gig will run out in May, so at that point I will be fully retired, even to the purists (paychecks will continue until Sept 2020).

In my case, this has worked out fine, since my 1/2 salary is equivalent to pretty close to what DW and I will pull down in SS, which I plan to take in 4.5 years. I can pull from DW's IRA in 3 years, so the next 3 years are the hole in the donut and I have enough cash in my 403b (and 8% of the portfolio in a brokerage account) to carry us to that point when I can pull from both accounts. I'll probably pull about 4.5-5% withdrawals for 5 years (with a lot of flexible spending in that withdrawal), but that seems manageable; after I draw SS it should go down to 3.5-4%, then drop even further when DW starts drawing.
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Old 10-31-2019, 11:42 AM   #208
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Greetings!! Today is my LAST day at w*rk!! Retired officially tomorrow from all sources at age 49!! (although hubby & I still have a side gig selling jerky at beer/wine festivals, but down to only 5 shows per year)

On top of that, just signed closing documents for the sale of our home!! We bought our retirement home on a lake in July - and are living there while we wait on Mother Nature to be nice to get rolling on some renovations. Life is good!!
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Old 10-31-2019, 12:58 PM   #209
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Greetings!! Today is my LAST day at w*rk!! Retired officially tomorrow from all sources at age 49!!
Class of 2019 is down the hall....


JUST KIDDING! Congratulations on your last day of work! I can't wait to be able to say that on 9/23/2020. The selling jerky thing sounds a lot more like fun than work. Enjoy!
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Old 10-31-2019, 06:35 PM   #210
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Greetings!! Today is my LAST day at w*rk!! Retired officially tomorrow from all sources at age 49!! (although hubby & I still have a side gig selling jerky at beer/wine festivals, but down to only 5 shows per year)

On top of that, just signed closing documents for the sale of our home!! We bought our retirement home on a lake in July - and are living there while we wait on Mother Nature to be nice to get rolling on some renovations. Life is good!!
An early graduation. I'm jealous.
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Old 10-31-2019, 06:51 PM   #211
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Joining class of 2020. DH and I will retire in November 2020. Plan is to move home from NCAL to SCal to our paid off home. DH pension will cover HC and everything else till I can access my 401k at 59.5.

We are looking forward to traveling and not working!
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My story...retirement at 60
Old 11-01-2019, 06:03 AM   #212
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My story...retirement at 60

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Welcome, Third Son - what's your story?

36 years working in the same field with different two companies. Married 34 yrs. Four kids graduated college and self-supporting. No debt. $2.2M in tax deferred 401K, $200K in tIRA, $72K in Roth $160K in taxable funds and $120K cash.



How's that?
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Old 11-12-2019, 02:32 PM   #213
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36 years working in the same field with different two companies. Married 34 yrs. Four kids graduated college and self-supporting. No debt. $2.2M in tax deferred 401K, $200K in tIRA, $72K in Roth $160K in taxable funds and $120K cash.



How's that?
Sounds like a winning combination to me!
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Old 11-12-2019, 02:33 PM   #214
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Well, it wasn't my resignation letter, but I did send an email notification to our SVP about my plan to retire in 2020. Felt weird to hit the "Send" button, but I did it...
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Old 11-16-2019, 11:18 AM   #215
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Well, it wasn't my resignation letter, but I did send an email notification to our SVP about my plan to retire in 2020. Felt weird to hit the "Send" button, but I did it...
That's great that it is now officially 'out there'. For me, that was the first thing that made it feel 'real'. I'm getting close to my 2020 date - 122 days and counting!
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Old 11-25-2019, 12:14 PM   #216
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94 days on my count down calendar. Successor in place- that was the last hurdle to clear before I could submit my retirement plan to the committee. Turning that sucker in next week. Happy Thanksgiving y'all! Lots to be thankful for today.
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Old 11-25-2019, 12:15 PM   #217
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94 days on my count down calendar. Successor in place- that was the last hurdle to clear before I could submit my retirement plan to the committee. Turning that sucker in next week. Happy Thanksgiving y'all! Lots to be thankful for today.



Awesome you found a successor, hopefully they won't bail out this time.
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Old 11-25-2019, 03:31 PM   #218
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Great news, ugg!

My development is that when I get back to work on Monday, I'll see my first countdown numbers under 300*... it's gettin' "real" as Coastbound noted above!

* on my "with PTO" countdown. This 'could' be messed with since I'm still officially an employee, but I don't think they will.
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Old 12-03-2019, 06:32 PM   #219
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I知 pretty sure I知 a member of class of 2020. A week ago I informed work that I知 taking a one year sabbatical. But that one year may turn into 50.
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Old 12-03-2019, 07:23 PM   #220
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I知 pretty sure I知 a member of class of 2020. A week ago I informed work that I知 taking a one year sabbatical. But that one year may turn into 50.
I'd love a sabbatical but my industry doesn't do those. Congrats to you though- when does yours begin?
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