Class of 2018

Congrats! How are you setting up your buckets? Do you have 3?
 
Yes, 3 buckets.
Preservation (Less Risk):6 years of income; Guaranteed Acct; Bonds.
Balanced (Moderate Risk): 6/10 years of income; stocks/bonds
Growth (Greater Risk): 10+ years of income; long-term stocks

We also can take early retirement at the company at 55yrs old and 25 years of service therefore can w/d from 401k w/o the 10% penalty. Have cash reserves and no plans to w/d from 401k until next year. Not a pro at this stuff. Lots of folks here smarter than I, but this is my plan. Also helps that DW is on board with the fact we have tracked every penny we spend so we do feel we have a good handle on what expenses will be and also have cash reserves for stuff that can come up. Company will continue to pay health insurance until I reach 65.
 
Two week warning! Two week warning!

This time it is gonna happen!
 
JoeWras said:
Two week warning! Two week warning!

This time it is gonna happen!
Click to expand...

Tell us more. Have they started scheduling you for wrap up meetings? A party? A lunch? Have you started filling out departure forms?

You have been planning for a long time. I know it's impossible to serenely glide down for a landing in the final frenzy, so I wish instead for you that it passes in a flash.

And plan something celebratory on the other side that DOESN'T require any stress.
 
It is strangely normal. The only wrap up is if I'm working on something, I'm supposed to drag a few people in to explain what I'm doing.

Parties? Lunches? Etc.? None planned. Not sure they care.

The form consists of going to a web page and pressing a button after entering a date. I will do that next week. That's all it takes.

I'm thinking of some ice cream on the other side.
 
JoeWras said:
It is strangely normal. The only wrap up is if I'm working on something, I'm supposed to drag a few people in to explain what I'm doing.

Parties? Lunches? Etc.? None planned. Not sure they care.

The form consists of going to a web page and pressing a button after entering a date. I will do that next week. That's all it takes.

I'm thinking of some ice cream on the other side.
Click to expand...
I suspect that a lot of our efforts at project wrap ups and knowledge transfers are a well intentioned waste of time. If your megacorp is like mine we are no more than one deep and no one has time to really focus on the knowledge transfer. They will learn when things blow up, and that is with the colleagues who have been around long enough to know what megacorp is in the business of doing. It is rare to be able to transfer institutional knowledge to a college new hire or a junior salary grade in general let alone within a 60 day window before exiting stage left.

One of the comments from this community that really resonated with me was not to postpone retirement because of how the company will be impacted, because when it comes to RIFs, megacorp never worried too much about how its timing would impact the "resources" who are layed off.....or words to that effect. That doesn't equal bitterness, just an acknowledgment that it's just business.... for them, and it should be for us too.
 
Last edited:
Ed B said:
I suspect that a lot of our efforts at project wrap ups and knowledge transfers are a well intentioned waste of time. If your megacorp is like mine we are no more than one deep and no one has time to really focus on the knowledge transfer.
Click to expand...
Ed B: YOU WIN! Spot on, friend.

I know how the meeting will go already, because I saw what happened with someone who quit earlier.

There will be a meeting. I will present information. People will be on their laptops solving other problems since the stack is high. No questions will be asked except: "Did you record this?"

2 months from now when it blows up, nobody will remember the recording and they will learn by walking through the fire.
 
Updating the list

I think it's time for an update -

This was the most recent update I could find, done by Joe Wras back in June. There have been changes and additions, so update if you can! And congratulations to those of us already gone, and wishing courage and endurance to those in waiting.

2018 (date unknown)
------
Grumpyretirement
trapperjohn
datuck
Snoopy (55)
Lovetoski (46)

January
--------
chief04010 1/2
JeffinSeattle 1/2
Boilerman 1/2 (57)
OldPhd 1/4
Uncle Lumpy 1/5 (60)
ikubak 1/10 (55)
Coolrich59 1/31 (58)

February
----------
GrandmaHoo feb1 62.5

March
------
Nunyaa
elainejtm

April
-----
whatnot 4/1
Mr. and Mrs. Honeyfill 4/2
ears20 (57)
Poppydog and Mrs Poppydog 4/27 (63/59)
Tdv2 4/27 (54)
tmm2good 4/4 (58)
ILikeStarTrek (55)
4aboard 4/27 (42)
BeachOrCity 4/30 (53)

May
---
Hilltopper 5/4 (55)
Mcbraemer 5/15 (63)
DrBrisket 5/15 (49)
SumDay 5/31
OnIslandTime and Mr. OIT 5/31 (59)
ears20 5/31 (57)
Ed B 5/31 (58)

June
----
Pullin 6/1
GaryT 6/1
Seabourne 6/1 (39)
sayhey24 6/7
Redduc 6/8
Lagniappe 6/11 (53) <graduate degree>
willatl 6/15
neihn 6/30
Jollystomper 6/29
akidagain2018 6/30 (56)

July
----
Dan4495 (60)
68Bucks
MRC758 7/13

August
--------
JoeWras 8/3 (55)
Pellice 8/1 (62)

September
---------
Steeler75 9/28

October
-------
FIREmenow
RoyDornoch (60)
68bucks

November
--------
Erbragg1 11/1

December
--------
Magwitch & Mrs. MagWitch 12/21 (39)
cnocmmz 12/18 (59)
tmitchell (50)
WestUniversity 12/28
camfused 12/31
 
Pulled the pin on May 15 and vacationing out until my actual retirement date of October 6, 2018.
Started my first real job, a paper route when I was 9 years old.
I worked in a service station and the hay fields when I was in high school and started my career in the paper mill six days after high school graduation in June of 1974.
I took one year off to go to college and decided it wasn’t for me so continued on at the paper mill for an additional 42 years.
Not the most glamorous career, lots of physical labor, long hours and shift work but it got me to where I am today.
 
Got out of MegaGov on January 1, 2018 after 34 years. DW gets out mid next year. Took till August for them to ask me to come back but no desire to do so. Lots of Skiing and golf in my future plus some RV and foreign travel when DW calls it quits. Also plan to move back to home state Oregon when DW is done. FI'RE is a great lifestyle and never thought it would happen to me till I started running the numbers a couple of years ago.
 
Sumday and I are ER twins. We both had a few false start dates this year. Not anymore, today was our day! The update...

2018 (date unknown)
------
Grumpyretirement
trapperjohn
datuck
Snoopy (55)
Lovetoski (46)

January
--------
chief04010 1/2
JeffinSeattle 1/2
Boilerman 1/2 (57)
OldPhd 1/4
Uncle Lumpy 1/5 (60)
ikubak 1/10 (55)
Coolrich59 1/31 (58)

February
----------
GrandmaHoo feb1 62.5

March
------
Nunyaa
elainejtm

April
-----
whatnot 4/1
Mr. and Mrs. Honeyfill 4/2
ears20 (57)
Poppydog and Mrs Poppydog 4/27 (63/59)
Tdv2 4/27 (54)
tmm2good 4/4 (58)
ILikeStarTrek (55)
4aboard 4/27 (42)
BeachOrCity 4/30 (53)

May
---
Hilltopper 5/4 (55)
Mcbraemer 5/15 (63)
DrBrisket 5/15 (49)
OnIslandTime and Mr. OIT 5/31 (59)
ears20 5/31 (57)
Ed B 5/31 (58)

June
----
Pullin 6/1
GaryT 6/1
Seabourne 6/1 (39)
sayhey24 6/7
Redduc 6/8
Lagniappe 6/11 (53) <graduate degree>
willatl 6/15
neihn 6/30
Jollystomper 6/29
akidagain2018 6/30 (56)

July
----
Dan4495 (60)
68Bucks
MRC758 7/13

August
--------
Pellice 8/1 (62)
JoeWras 8/30 (55)
Sumday 8/30

September
---------
Steeler75 9/28

October
-------
FIREmenow
RoyDornoch (60)
68bucks

November
--------
Erbragg1 11/1

December
--------
Magwitch & Mrs. MagWitch 12/21 (39)
cnocmmz 12/18 (59)
tmitchell (50)
WestUniversity 12/28
camfused 12/31
 
It is nice when things go generally to plan.

I started this thread with a 5 year horizon. Although I had a few false ends this year, today was the day. WOO HOO!

I still have a few things to do to really feel like I am there. I have to get this medical stuff sewed up and get on another plan, as I explained 5 years ago.

Megacorp never offered anything. So it goes. I walked out proudly on my own terms, and that's just fine.

Today was great. No more commute. Sleeping in tomorrow, and then starting the journey. It has to sink in a bit. I'm slightly at a loss for words, although I was able to drop a few thoughts in the Surprisingly Emotional Today thread.

I'm looking forward to posting from the other side. See you soon!
 
Congratulations. You have a great holiday weekend ahead .... and this time it won't end!
 
Congrats JoeWras and Sumday. You will love the other side.
 
I announce my retirement in one month. Lots of conflicting feelings. There is a slight pull to go OMY but NO WAY. Just having the end in sight has made things soooo much better. Have begun repairing relationship with DW. I feel like I’m on the downhill side of this thing...[emoji106]
 
Alderman said:
Pulled the pin on May 15 and vacationing out until my actual retirement date of October 6, 2018.
Started my first real job, a paper route when I was 9 years old.
I worked in a service station and the hay fields when I was in high school and started my career in the paper mill six days after high school graduation in June of 1974.
I took one year off to go to college and decided it wasn’t for me so continued on at the paper mill for an additional 42 years.
Not the most glamorous career, lots of physical labor, long hours and shift work but it got me to where I am today.
Click to expand...
Congratulations on a well deserved retirement.
 
JoeWras said:
It is nice when things go generally to plan.

I started this thread with a 5 year horizon. Although I had a few false ends this year, today was the day. WOO HOO!

I still have a few things to do to really feel like I am there. I have to get this medical stuff sewed up and get on another plan, as I explained 5 years ago.

Megacorp never offered anything. So it goes. I walked out proudly on my own terms, and that's just fine.

Today was great. No more commute. Sleeping in tomorrow, and then starting the journey. It has to sink in a bit. I'm slightly at a loss for words, although I was able to drop a few thoughts in the Surprisingly Emotional Today thread.

I'm looking forward to posting from the other side. See you soon!
Click to expand...



Congratulations! It’s been a long road but you made it! I will see you on the other side in December...
 
My last day was Friday, August 31st. I’m now looking forward to a brief staycation then following up with mine and DW’s projects – which will take years!
 
Last edited:
HondoBob said:
My last day was Friday, August 31st. I’m now looking forward to a brief staycation then following up with mine and DW’s projects – which will take years!
Click to expand...

Welcome, HondoBob. I'm sorry there was a less than smooth handoff at your agency - seems to vary quite a bit - and apparently the transitions in private industry are similar. Welcome to the class, and to your projects, which you seem to be looking forward to!
 
Pellice said:
I think it's time for an update -

This was the most recent update I could find, done by Joe Wras back in June. There have been changes and additions, so update if you can!
Click to expand...

Jerry1 - retired 1/17/2018 @56. I was actually fired :) (volunteered to be let go) and received a severance . Been a good start this past seven months. Nothing spectacular, but feeling much better, more free, and less stressed. Things are getting done around the house and a couple small trips thrown in for good measure. Spent good time with the grandchildren this summer and will miss them a bit as they start school tomorrow. Biggest disappointment is that I’ve not gotten motivated to exercise as I had planned. At least I have been moving around, playing some golf and not watching too much TV.
 
Congratulations Jerry1 and HondoBob!

Our updated class list:

2018 (date unknown)
------
Grumpyretirement
trapperjohn
datuck
Snoopy (55)
Lovetoski (46)

January
--------
chief04010 1/2
JeffinSeattle 1/2
Boilerman 1/2 (57)
OldPhd 1/4
Uncle Lumpy 1/5 (60)
ikubak 1/10 (55)
Jerry1 1/17
Coolrich59 1/31 (58)

February
----------
GrandmaHoo feb1 62.5

March
------
Nunyaa
elainejtm

April
-----
whatnot 4/1
Mr. and Mrs. Honeyfill 4/2
ears20 (57)
Poppydog and Mrs Poppydog 4/27 (63/59)
Tdv2 4/27 (54)
tmm2good 4/4 (58)
ILikeStarTrek (55)
4aboard 4/27 (42)
BeachOrCity 4/30 (53)

May
---
Hilltopper 5/4 (55)
Mcbraemer 5/15 (63)
DrBrisket 5/15 (49)
OnIslandTime and Mr. OIT 5/31 (59)
ears20 5/31 (57)
Ed B 5/31 (58)

June
----
Pullin 6/1
GaryT 6/1
Seabourne 6/1 (39)
sayhey24 6/7
Redduc 6/8
Lagniappe 6/11 (53) <graduate degree>
willatl 6/15
neihn 6/30
Jollystomper 6/29
akidagain2018 6/30 (56)

July
----
Dan4495 (60)
68Bucks
MRC758 7/13

August
--------
Pellice 8/1 (62)
JoeWras 8/30 (55)
SumDay 8/30 (61)
HondoBob 8/31

September
---------
Steeler75 9/28

October
-------
FIREmenow
RoyDornoch (60)
68bucks

November
--------
Erbragg1 11/1

December
--------
Magwitch & Mrs. MagWitch 12/21 (39)
cnocmmz 12/18 (59)
tmitchell (50)
WestUniversity 12/28
camfused 12/31
 
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