RockLife
Recycles dryer sheets
- Joined
- Feb 24, 2017
- Messages
- 93
Hi Everybody,
I just found this forum and yay, ER is my favorite subject!
I've already pulled the rip cord, told my boss I'm out of here this year. The only question is whether I can get a layoff package deal or if I have to work a few extra months. Laid-off is the new retired you know! Seriously, I can't figure out how taking "retirement" is better than getting 3 months of pay to leave the building. There is nothing I can see that benefits me and my wife, in the retirement package, no gold watch, over-priced health insurance, oh, I would gain the ability to buy corporate stuff at the employee discount! Yay...
About us: we're 56/52 and we decided that we'd rather live like locals (i.e. frugally) in the Tropics than continue to work and live like North American consumers for the next 10 years. Having grown up in Florida, I'm also not embarrassed to admit I'm really tired of living in cold country.
I have some small inheritances (~$100K), about $1.3M in my portfolio, and am planning to spend south of 3 grand a month for the next several years. We're going to the islands of Puerto Rico to start, then some months at a time here and there in places like Dominican Rep, Guadeloupe, Grenada, and some other South and Central American islands. It's a huge adventure, but it can be done on not much money. To quote some genius on the Internet: sell the house, keep the dog, live on an island!
I plan to wait till 70 to take SS, which if it doesn't get screwed up by the government, will be fairly substantial. And if I play my cards right, I'll still have my full portfolio at that point and I could return to the US and spend like "normal". I'm still confused over the best approach to Medicare but I still a have few years to figure that out.
So, a bit unorthodox but aren't all Early Retirees? Thoughts? Comments? Scolds?
Cheers to you all, you are an inspiration!
I just found this forum and yay, ER is my favorite subject!
I've already pulled the rip cord, told my boss I'm out of here this year. The only question is whether I can get a layoff package deal or if I have to work a few extra months. Laid-off is the new retired you know! Seriously, I can't figure out how taking "retirement" is better than getting 3 months of pay to leave the building. There is nothing I can see that benefits me and my wife, in the retirement package, no gold watch, over-priced health insurance, oh, I would gain the ability to buy corporate stuff at the employee discount! Yay...
About us: we're 56/52 and we decided that we'd rather live like locals (i.e. frugally) in the Tropics than continue to work and live like North American consumers for the next 10 years. Having grown up in Florida, I'm also not embarrassed to admit I'm really tired of living in cold country.
I have some small inheritances (~$100K), about $1.3M in my portfolio, and am planning to spend south of 3 grand a month for the next several years. We're going to the islands of Puerto Rico to start, then some months at a time here and there in places like Dominican Rep, Guadeloupe, Grenada, and some other South and Central American islands. It's a huge adventure, but it can be done on not much money. To quote some genius on the Internet: sell the house, keep the dog, live on an island!
I plan to wait till 70 to take SS, which if it doesn't get screwed up by the government, will be fairly substantial. And if I play my cards right, I'll still have my full portfolio at that point and I could return to the US and spend like "normal". I'm still confused over the best approach to Medicare but I still a have few years to figure that out.
So, a bit unorthodox but aren't all Early Retirees? Thoughts? Comments? Scolds?
Cheers to you all, you are an inspiration!