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Old 12-09-2020, 03:02 PM   #241
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3/1/21 for me at age 63 1/2. Nervous but ready.
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Old 12-10-2020, 03:33 AM   #242
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3/5/21.

My boss has been waiting for this for a long time. (supportive, of course.) I just need to make it official.
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Old 12-10-2020, 11:03 AM   #243
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Old 12-16-2020, 01:54 PM   #244
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Today I announced to management and my team that I am retiring next year. Did not provide an exact date because I am waiting for a retirement estimate from HR for my proposed date. Management wants me to stay longer, part time, to wrap up some near term work. I said I would listen to their proposal but I had no personal reasons to continue to work (in other words I don't need the $). Mr. Goingtotravel also announced his retirement date to his management last week. DH is retiring at the end of January.
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Old 12-16-2020, 03:13 PM   #245
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Today I announced to management and my team that I am retiring next year. Did not provide an exact date because I am waiting for a retirement estimate from HR for my proposed date. Management wants me to stay longer, part time, to wrap up some near term work. I said I would listen to their proposal but I had no personal reasons to continue to work (in other words I don't need the $). Mr. Goingtotravel also announced his retirement date to his management last week. DH is retiring at the end of January.
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Old 12-17-2020, 09:28 AM   #246
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Originally Posted by goingtotravel View Post
Today I announced to management and my team that I am retiring next year. Did not provide an exact date because I am waiting for a retirement estimate from HR for my proposed date. Management wants me to stay longer, part time, to wrap up some near term work. I said I would listen to their proposal but I had no personal reasons to continue to work (in other words I don't need the $). Mr. Goingtotravel also announced his retirement date to his management last week. DH is retiring at the end of January.
That's great! What a nice feeling to have them both lined up so neatly for 2021!

My update is that I was asked to stay 3 more months to finish a project, so my new end date is now June-ish. 3 more months of salary will pay for a home renovation project I had been thinking about, so it was a no brainer to say yes
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Old 12-17-2020, 11:54 AM   #247
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Hi Everyone.
I will be joining the 2021 club.
I am trying to decide if I will retire March 2021 or September 2021.
I will get a nice sized pension after 35 years. The difference between March and September is ~$200/month.
Is this worth it?
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Old 12-17-2020, 01:08 PM   #248
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Originally Posted by Irishgirlyc58 View Post
Hi Everyone.
I will be joining the 2021 club.
I am trying to decide if I will retire March 2021 or September 2021.
I will get a nice sized pension after 35 years. The difference between March and September is ~$200/month.
Is this worth it?
Can't answer that, but I can reframe it. This is equivalent to about $60k difference (i.e., @4% withdrawal from a hypothetical stash). Is that a lot or a little for you for 6 mos. work?

And, of course, do you need it more or less than the 6 mos.?
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Old 12-17-2020, 01:28 PM   #249
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I actually knew no one could answer that for me but appreciate hearing others opinions. I never thought of it being the equivalent of $60,000 to draw from.
That is something to ponder.
Iím struggling with the decision to pull that final lever on my career but I am burned out.
I will be 62 1/2 in March/63 in September.
Iím usually a very decisive person so this indecision is really weighing on me.
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Old 12-17-2020, 02:06 PM   #250
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Originally Posted by Irishgirlyc58 View Post
I actually knew no one could answer that for me but appreciate hearing others opinions. I never thought of it being the equivalent of $60,000 to draw from.
That is something to ponder.
Iím struggling with the decision to pull that final lever on my career but I am burned out.
I will be 62 1/2 in March/63 in September.
Iím usually a very decisive person so this indecision is really weighing on me.
And if you wait another 6 months there may be another $60,000 to draw from!

There's always more money, there's never more time. That beautiful, horrible dance.
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Old 12-17-2020, 03:48 PM   #251
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And if you wait another 6 months there may be another $60,000 to draw from!

There's always more money, there's never more time. That beautiful, horrible dance.
Yeah, how was it phrased when I read it somewhere on this forum? Something like:

"When you retire, by definition, you are leaving some money on the table. But when you keep working instead, by definition, you are leaving some life (time?) on the table."
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Old 12-17-2020, 10:06 PM   #252
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So, I thought about the value-time or money and I decided to figure out the percentage for each.
If I live to 90 (my mom is 90 so possible) thatís 27.5 more years or 330 months. 6 months of the rest of my life would be.01818182.
$200 extra for working an additional 6 months is .01818182 of my income!
The exact same percentage.
Which is eerie! So, Iím right back where I started, 6 months of more retirement or $200 more per month income.
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Old 12-17-2020, 10:53 PM   #253
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Originally Posted by Irishgirlyc58 View Post
So, I thought about the value-time or money and I decided to figure out the percentage for each.
If I live to 90 (my mom is 90 so possible) thatís 27.5 more years or 330 months. 6 months of the rest of my life would be.01818182.
$200 extra for working an additional 6 months is .01818182 of my income!
The exact same percentage.
Which is eerie! So, Iím right back where I started, 6 months of more retirement or $200 more per month income.
That is eerie. Maybe you should post that in the paranormal thread!
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Old 12-17-2020, 11:35 PM   #254
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Iíll have to look for that one.
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Old 12-18-2020, 08:19 AM   #255
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Originally Posted by Irishgirlyc58 View Post
So, I thought about the value-time or money and I decided to figure out the percentage for each.
If I live to 90 (my mom is 90 so possible) thatís 27.5 more years or 330 months. 6 months of the rest of my life would be.01818182.
$200 extra for working an additional 6 months is .01818182 of my income!
The exact same percentage.
Which is eerie! So, Iím right back where I started, 6 months of more retirement or $200 more per month income.
"Doo Doo Doo-doo..."
"Doo Doo Doo-doo..."

(spoken as the The Twilight Zone theme)
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Old 12-18-2020, 01:36 PM   #256
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I know, right!
I ran the numbers a few times just to be sure.
If it wasnít for Covid Iíd take a trip to Las Vegas.
And Iím right back where I started with my retirement date decision.
Retire in March or wait 6 months for an additional $200/ month.
The struggle is real.
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Old 12-18-2020, 01:55 PM   #257
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Please put me on the list. 2/19/2021.
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Old 12-18-2020, 03:34 PM   #258
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Please put me on the list. 2/19/2021.
Your wish is my, uhhh, mild suggestion! Here ya go!


goingtotravel TBD, but sounds like early.
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Old 12-21-2020, 08:05 PM   #259
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Well, another small update. I was, in fact, selected for our voluntary RIF program. I can get something like 6 mos. in salary.

I am DEFINITELY taking it. So it looks like my date is now set in stone as 7/1/2021.

It feels very good and very odd and somewhat anticlimactic at the same time.
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Old 12-22-2020, 10:45 AM   #260
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Thatís great. Congratulations
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