Hi everyone,
Just found this site while surfing anything and everything about retirement. I have been a cop since 1978 and am retiring in October. However, my retirement is really just a job change. I received an offer to become the chief investigator at the District Attorney's Office and am making the leap. I am a victim of a defined contribution plan so this new job allows me to get 10 years vesting into a defined benefit program. It will also allow me to receive at lease some benefit from Social Security by adding quarters. I worked for a local government in which I did not pay into Social Security which creates a zero benefit due to Government Offset program. With any amount of luck, and a lot of research, I hope to wisely roll my current pension into an IRA. Vanguard and Fidelity are the front runners. I have five kids, the oldest 32 and the youngest are 10 (twins). Adopted them when they were four by way of Social Services.
I should add that I have never worked a day in my life. My job was enjoyable, rewarding, and would do it all over again.
Just found this site while surfing anything and everything about retirement. I have been a cop since 1978 and am retiring in October. However, my retirement is really just a job change. I received an offer to become the chief investigator at the District Attorney's Office and am making the leap. I am a victim of a defined contribution plan so this new job allows me to get 10 years vesting into a defined benefit program. It will also allow me to receive at lease some benefit from Social Security by adding quarters. I worked for a local government in which I did not pay into Social Security which creates a zero benefit due to Government Offset program. With any amount of luck, and a lot of research, I hope to wisely roll my current pension into an IRA. Vanguard and Fidelity are the front runners. I have five kids, the oldest 32 and the youngest are 10 (twins). Adopted them when they were four by way of Social Services.
I should add that I have never worked a day in my life. My job was enjoyable, rewarding, and would do it all over again.