martyb
Thinks s/he gets paid by the post
After going out for a few hrs & returning, I realized I didn't do the best job above trying to describe our projected post-FIRE income.
So basically, we'll be looking at $28500 (my pension) + $6000 TSP net SWR) = $34,500
All the above is net income and could vary some but is probably very close. Both my pensions include deductions for survivor's benefits for my wife, life & health insurance, and all expected taxes.
Helen said:Congratulations, Rita! Where will you snow bird to?
Hi class! I was in the class of 2014, but it now looks like it will be 2013 for me. My contract is ending a year earlier than planned
Assuming that you will be FI, may I suggest that you consider volunteering rather than part-time paid work? I suspect that you'll find it considerably more flexible, and personally fulfilling, than minimum wage paid employment.Finance Dave said:I WANT to do something in rehirement....I like being around people, having some structure, and to keep learning and engaged. I just want more of a 20 hours/week stint, where I can take 3-4 weeks off once/twice a year for vacations, a boss that's not over my shoulder, a relaxed atmosphere, and some fun.
The goal is to get to where I can afford to accept the above at minimum wage...so 20 hours/wk x $8/hour x 45 weeks/year = $7,200/year...plenty when combined with all our savings and some rental income from 2 (currently) to 4 (anticipated) rental homes.
I'm still undecided. My first date of eligibility to retire is 1/18/2013. Still thinking about it....
Marty-
You're the founding member of The Class of 2013 with your opening post. Don't get "one more year-itis" on us now!
Step awaaaaaay from the work place; everything will be fine.
There are those of us who need a good example.
the reality is I've had a 2 year pay freeze, which hurt my hi-3 average, my TSp's not quite where I projected & wanted it to be for retirement, so I'm just saying I might go a little longer .
Same boat. Already decided to stay another year. Are you doing the "take no annual leave, so I can get paid for it when I retire"?
Amethyst
Gonna try to do that as much as possible, but with my mom being 82, I feel like I need to go visit at least once or twice, and she lives 1000 miles away.
...
If I go back again at Christmas 2012 to visit, maybe I can postpone further trips till after I decide to retire, later in 2013. But, then it goes back to my mom's age...I don't want to find myself feeling regret....