|
|
The perfect storm - my 2015 Retirement plan
03-13-2015, 10:20 AM
|
#1
|
Recycles dryer sheets
Join Date: Jun 2014
Posts: 406
|
The perfect storm - my 2015 Retirement plan
No not the book by S Junger but the evolution of my retirement plan.
After many years of planning/saving and convincing DW we agreed that I would ER in July of 2015. The final agreement was in Nov. On Dec 1st my company announced that it would merge with another company. Initially there was hope for a layoff package but it seemed that for my function there were no "synergies" so there would not be one, so the original date stayed intact. Early in 2015 it looked like we would move to a new facility in late June. More discussions with DW and we agreed it made no sense to move and then quit a month later so it move to June 5 (almost D-Day).
Two weeks ago there was a memo that asked if someone what thinking of leaving to let mgmt know and they would be offered a "generous" package. I immediately volunteered without seeing the package (got in trouble with DW for that but my rationale was some package was better than no package).
Forward to this week and yesterday I was officially given notice in order to satisfy the WARN act here in the US. I have worked out with my boss that my last day will be May 1st (May Day a fitting last day of work I think). The package is ok and will net me about 4 months salary plus Cobra coverage for 6 months on the company before I have to take over HC myself.
Needless to say I am ecstatic, I never thought that my plans in Nov 2014 would work out so well. There is lots to do and lots to prepare for which was already started but will need a bit of acceleration but I don't think I could have purposely planned it better. I thank everyone here for the advice so far and look forward to your advice in the future as I officially ER and turn the page on a working career and start one as a wanttobe rockstar (with no talent)
__________________
If money is the root of all evil I want to be a bad man
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
03-13-2015, 10:24 AM
|
#2
|
Recycles dryer sheets
Join Date: Apr 2014
Posts: 159
|
Awesome! Congrats I'm still a few years out, but can only hope things will work out so well then!
|
|
|
03-13-2015, 10:25 AM
|
#3
|
Moderator Emeritus
Join Date: Aug 2007
Location: Northern Illinois
Posts: 16,543
|
Congrats & good luck on your rock star gig!
Sent from my iPad using Early Retirement Forum
|
|
|
03-13-2015, 10:28 AM
|
#4
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,473
|
Wow, what a terrific way to retire! Congratulations.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
03-13-2015, 10:43 AM
|
#5
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2007
Posts: 14,328
|
Congratulations. Sometimes it just all works out.
|
|
|
03-13-2015, 10:50 AM
|
#6
|
Thinks s/he gets paid by the post
Join Date: Nov 2013
Location: Bay Area
Posts: 2,745
|
Congrats!
( You got what I want from my megacorp, any kind of "package" offer to sent me off to ER. I am jealous. )
|
|
|
03-13-2015, 10:52 AM
|
#7
|
Moderator Emeritus
Join Date: Sep 2007
Posts: 17,773
|
Get ready to have the best summer ever!
Just great when the ball bounces our way.
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
|
|
|
03-13-2015, 10:53 AM
|
#8
|
Thinks s/he gets paid by the post
Join Date: Jun 2004
Location: No. California
Posts: 1,858
|
Nice that it all turned out for you. Enjoy your freedom.
|
|
|
03-13-2015, 10:55 AM
|
#9
|
Thinks s/he gets paid by the post
Join Date: Sep 2013
Location: Cincinnati, OH
Posts: 4,354
|
Congratulations, nice to hear that it worked out and you can get some extra bonus for going out the door earlier!
__________________
The problem isn't artificial intelligence, it's natural stupidity.
You can't spend yourself to prosperity.
Semi-Retired 7/1/16: working part-time (60%) for now [4/24/17 changed to 80%]
Retired Aug 2, 2017; age 53
|
|
|
03-13-2015, 12:37 PM
|
#10
|
Thinks s/he gets paid by the post
Join Date: Oct 2014
Posts: 1,677
|
That's great! You get to retire even earlier with more $ to show for it.
|
|
|
03-13-2015, 12:44 PM
|
#11
|
Thinks s/he gets paid by the post
Join Date: Mar 2006
Location: Houston
Posts: 4,337
|
__________________
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane -- Marcus Aurelius
|
|
|
03-13-2015, 12:50 PM
|
#12
|
Thinks s/he gets paid by the post
Join Date: Jun 2013
Posts: 1,019
|
Quote:
Originally Posted by robnplunder
Congrats!
( You got what I want from my megacorp, any kind of "package" offer to sent me off to ER. I am jealous. )
|
+1 I tried a few times to get a package, and finally gave up and left anyway.
|
|
|
03-13-2015, 12:52 PM
|
#13
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,264
|
Talk about the stars aligning! Very appropriate for a budding rock star. Congratulations!
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
|
|
|
03-13-2015, 01:31 PM
|
#14
|
Thinks s/he gets paid by the post
Join Date: Feb 2012
Location: Tampa Bay Area
Posts: 1,866
|
Fantastic !! They say you can't always get what you want --- but every once in awhile you do ! Enjoy your next chapter!!
__________________
"For the time being no discipline brings joy, but seems grievous and painful; but afterwards it yields a peaceable fruit of righteousness to those who have been trained by it." ~
Hebrews 12:11
ER'd in June 2015 at age 52. Initial WR 3%. 50/40/10 (Equity/Bond/Short Term) AA.
|
|
|
03-13-2015, 02:41 PM
|
#15
|
Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,169
|
Sweeeeet!
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
|
|
|
03-13-2015, 03:01 PM
|
#16
|
Thinks s/he gets paid by the post
Join Date: Mar 2009
Posts: 2,983
|
Great the way it worked out. Now go enjoy your good fortune!
__________________
Took SS at 62 and hope I live long enough to regret the decision.
|
|
|
03-13-2015, 03:06 PM
|
#17
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
|
Congrats!
But be warned that there's already a surplus of rock stars sans talent...
Sent from my iCouch using Early Retirement Forum
__________________
Have Funds, Will Retire
...not doing anything of true substance...
|
|
|
03-13-2015, 04:47 PM
|
#18
|
Moderator
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 25,302
|
Yeeeha!
I wannabe a Playboy photographer but (to paraphrase a country song) my phone's still not ringin' so I guess that's still them not callin'....
__________________
When I was a kid I wanted to be older. This is not what I expected.
|
|
|
03-13-2015, 04:53 PM
|
#19
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2012
Location: Seattle
Posts: 6,008
|
Nice job and congrats on the package, even if it is a little one.
My package will likely be grabbing one of the free cokes as they escort out of the building next week when give notice.
|
|
|
03-15-2015, 03:43 PM
|
#20
|
Thinks s/he gets paid by the post
Join Date: Jun 2013
Location: Columbus
Posts: 1,118
|
That's awesome for you. Glad the cards were dealt in your favor and timed rather nicely!
Sent from my iPad using Early Retirement Forum
__________________
Ohio REFI PE ENG and Investor as of 2016
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|