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Got my first pension check...
12-30-2019, 10:32 AM
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#1
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Full time employment: Posting here.
Join Date: Feb 2017
Posts: 807
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Got my first pension check...
...this past Friday. Not enough to live on, but still...they are paying me for not working! Gotta love it!
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12-30-2019, 10:42 AM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,294
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Congratulations!
__________________
There's no need to complicate, our time is short..
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12-30-2019, 10:46 AM
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#3
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
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I still have mine - are you going to frame it?
__________________
You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
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12-30-2019, 10:52 AM
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#4
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Full time employment: Posting here.
Join Date: Feb 2017
Posts: 807
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I actually just have the receipt - it's direct deposit so I don't have the actual check in hand. But I think framing that receipt is a great idea! Thanks!
Whee!
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12-30-2019, 10:56 AM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2015
Posts: 5,800
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DH just expressed that last night--"It's been three years and can't believe I am being paid not to go to work."
Enjoy your retirement!
__________________
Give a Man a fish, he will eat for a day.
Teach a Man to fish, he will eat for a lifetime.
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12-30-2019, 11:01 AM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
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Quote:
Originally Posted by CindyBlue
I actually just have the receipt - it's direct deposit so I don't have the actual check in hand. But I think framing that receipt is a great idea! Thanks!
Whee!
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pru mailed me the first few until I got ach set up so I took a photo of the check and deposited it that way
__________________
You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
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12-30-2019, 11:01 AM
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#7
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Recycles dryer sheets
Join Date: Jan 2017
Posts: 155
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Congrats. We'll be getting wife's colad pension in May!!. Mine since 2017 and hers now Time to blow that dough. Hard to loosen the strings though.
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12-30-2019, 11:06 AM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2013
Location: Limerick
Posts: 5,637
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I’m about to get my 81st pension deposit. Time sure flies!
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12-30-2019, 11:21 AM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2016
Location: Northern Virginia
Posts: 7,544
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Pension? What's that?
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12-30-2019, 11:23 AM
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#10
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Dryer sheet aficionado
Join Date: Jan 2019
Posts: 34
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Congrats! Must feel nice to get the extra revenue stream coming in. After running the numbers in IOrp I currently plan to start taking mine at 59 1/2 so I have a good while to go.
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12-30-2019, 11:28 AM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,202
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Congrats, must be surreal! I don’t have a pension, but I expect to feel the same about my first Soc Sec check in 5 years - until I see the taxes on 85% of it...
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
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12-30-2019, 11:32 AM
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#12
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Posts: 3,679
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And if you still have a pulse at the end of the month they send you another one!
Congratulations. DH is coming up on 10 years retired and still giggles that he gets paid for doing nothing. And he's so good at it!
Enjoy your retirement!
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Married, both 69. DH retired June, 2010. I have a pleasant little part time job.
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12-30-2019, 11:38 AM
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#13
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
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one sign of a flourishing society?
__________________
You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
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12-30-2019, 11:59 AM
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#14
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Thinks s/he gets paid by the post
Join Date: Aug 2012
Posts: 1,862
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I'll get my 17th one on January 1. It truly does make me smile each time I see that automatic deposit hit my bank.
Enjoy them - they're a dying breed...
__________________
FIRE Class of 2018 @ 61
Old men and women sit in the shade of trees they planted long ago
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12-30-2019, 12:03 PM
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#15
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Administrator
Join Date: Apr 2006
Posts: 22,971
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Congratulations! Getting that first check was a great feeling, and a concrete sign that I was really and truly retired. Welcome aboard and enjoy the ride.
__________________
Living an analog life in the Digital Age.
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12-30-2019, 12:12 PM
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#16
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Full time employment: Posting here.
Join Date: Jul 2013
Posts: 792
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Congrats!
I've got a ways to go until I get my own pension--but I get DH's little itty-bitty "early retirement" pension each month, and I laugh that the company I work for is paying me twice (since he worked there too).
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12-30-2019, 12:25 PM
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#17
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Thinks s/he gets paid by the post
Join Date: Aug 2017
Location: Champaign
Posts: 4,689
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How exciting! We look forward to ours in 3 years and 2 days.
__________________
"Do not go where the path may lead, go instead where there is no path and leave a trail."
Ralph Waldo Emerson
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12-30-2019, 12:29 PM
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#18
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Recycles dryer sheets
Join Date: Oct 2013
Posts: 180
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Congrats!
Enjoy every minute!
I traded my nonCOLAed pension for a lump sum at age 63, after 41 years.
Dumped that considerable sum into my IRA.
Will claim SS in new year. With DHs SS and tiny pension added in, we should not need to take much from IRA monthly.
Sad about new SECURE act but not enough to pay taxes now to move to Roth. They will figure it out.
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12-30-2019, 02:04 PM
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#19
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Thinks s/he gets paid by the post
Join Date: Aug 2012
Posts: 1,862
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Quote:
Originally Posted by Rianne
How exciting! We look forward to ours in 3 years and 2 days.
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But who's counting?
__________________
FIRE Class of 2018 @ 61
Old men and women sit in the shade of trees they planted long ago
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12-30-2019, 02:27 PM
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#20
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
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Quote:
Originally Posted by Midpack
I'm not sure I'd use the word flourishing.
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I wasn't opining whether the USA is currently flourishing, just that DB pensions are evidence of such.
__________________
You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
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