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    Seeking Mental Floss
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    Retirement!!!

    I am 62 and have been working since age 14, but my first day of practice as a Physician Assistant was Feb 2nd, 1977. I retired from the Army in 1994, but continued in private practice. After almost 35 years of practice, I will retire on Jan 20th. I have 11 working days left (Holidays and one vacation day excepted)! My wife retired in June, and we have plans to travel (some on the bike, some not), and experience the freedom we have always desired. I plan to play a lot more golf, and I am considering getting back into sailing, which I did for many years. I am both excited and apprehensive, as has been the case anytime there was a major change in my life. Ain't life grand?

  2. #2
    Benchwrenching PGlaves's Avatar
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    Congratulations. Retire early and often. I retired at 59, and don't regret for a minute having done so. Sure, I could now have a little bit more money each month had I waited until later to retire, but the time since retirement has been as the ads would say, "priceless".
    Paul Glaves - "Big Bend", Texas U.S.A
    "The greatest challenge to any thinker is stating the problem in a way that will allow a solution." - Bertrand Russell
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  3. #3
    Registered User womanridge's Avatar
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    Postponing retirement only means you have fewer days of retirement. My advise is retire as soon as you can. Enjoy the years you earned and deserved. Congrats!
    Karen Jacobs
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  4. #4
    Registered User greenwald's Avatar
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    Thumbs up

    Quote Originally Posted by PGlaves View Post
    Congratulations. Retire early and often. I retired at 59, and don't regret for a minute having done so. Sure, I could now have a little bit more money each month had I waited until later to retire, but the time since retirement has been as the ads would say, "priceless".
    Paul summed it up well. I 'pulled the plug' at age 53, after 32 1/2 years in law enforcement, and the years since have been simply the BEST!

    And Karen's math is impecable - every day worked past an 'exit window' is one less day of retirement - so true!

    Don't ever let greed dictate your retirement timeline - punch out as soon as possible, then live within your means.

    The 'Happy' factor, as previously mentioned, is priceless!

    Congratulations Hugh - now go out and do everything you can.
    Last edited by Greenwald; 12-31-2011 at 03:09 PM.
    Kevin Greenwald - Touring Tips Editor
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  5. #5
    Motorcyclist patiodadio's Avatar
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    Congrats on retirement



    .
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  6. #6
    Registered User cehlbeck's Avatar
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    Quote Originally Posted by Greenwald View Post
    Paul summed it up well. I 'pulled the plug' at age 53, after 32 1/2 years in law enforcement, and the years since have been simply the BEST!

    And Karen's math is impecable - every day worked past an 'exit window' is one less day of retirement - so true!

    Don't ever let greed dictate your retirement timeline - punch out as soon as possible, then live within your means.

    The 'Happy' factor, as previously mentioned, is priceless!

    Congratulations Hugh - now go out and do everything you can.
    I don't know how I missed this thread but CONGRATULATIONS TO YOU HUGH!

    And to Kevin, congratulations to you also! Like you I retired from law enforcement. I retired in July of 2011 at age 50 (51 shortly after) with what my city determined was 30.7 years of service (all of it with them) But I counted 30 years and 3 days. I was lucky enough to still be under the defined benefits pension. Staying any longer would not have made my pension any bigger and would've only taken days away from my retirement.

    Retire as soon as you can without losing any benefits!
    Chris Ehlbeck
    BMWMOA 168990
    Chris & Donna's Motorcycle Journeys

  7. #7
    Survivor akbeemer's Avatar
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    Yet another factor that played into my decisions to retire is that as the amount of your retirement pension rises it means you are working for a smaller amount of your salary. When I retired from the Army I was working for 34% of my base pay since I got 66% in retirement. I thought it wiser to take the 66% and then work for someone else who would be paying me for 100% of my efforts. I stayed with them until I was working for 50% of my salary.
    Kevin Huddy
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    Old man in the mountains osbornk's Avatar
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    Quote Originally Posted by AKBeemer View Post
    Yet another factor that played into my decisions to retire is that as the amount of your retirement pension rises it means you are working for a smaller amount of your salary. When I retired from the Army I was working for 34% of my base pay since I got 66% in retirement. I thought it wiser to take the 66% and then work for someone else who would be paying me for 100% of my efforts. I stayed with them until I was working for 50% of my salary.
    I have a friend who did all of the calculations and discovered he was working for around $3.00 per hour. He retired. He had worked for the company for nearly 40 years and they were preparing to eliminate the traditional pension. He would have gotten what he had earned but working longer would not have increased it.
    'You can say what you want about the South, but I almost never hear of anyone wanting to retire to the North.

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    Talking retired

    I retired at 56, now 58 and to busy to go back to work. " My friends all tell me I am jerk, I am to lazy to get up go to work, but let me tell you how I feel, I am to lazy to work and to nervous to steal." T. Bone Walker... Couldn't have said it better

  10. #10
    Registered User mike m's Avatar
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    Great to see all these posts. I'm 55 and taking a new job in San Diego thinking that this is my last gig. I'm hoping it's the jackpot and will be able to finish putting my two kids through college and get the other one married. Very proud of my kids and happy my wife and I will be empty nesters for the first time. Going to enjoy things and have some fun.

    Pre retirement can be very nerve-wracking. Hope we make it to the promised land!
    Last edited by mike m; 06-30-2014 at 01:30 PM.
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  11. #11
    Registered User greenwald's Avatar
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    Smile

    Quote Originally Posted by cehlbeck View Post
    I don't know how I missed this thread but CONGRATULATIONS TO YOU HUGH!

    And to Kevin, congratulations to you also! Like you I retired from law enforcement. I retired in July of 2011 at age 50 (51 shortly after) with what my city determined was 30.7 years of service (all of it with them) But I counted 30 years and 3 days. I was lucky enough to still be under the defined benefits pension. Staying any longer would not have made my pension any bigger and would've only taken days away from my retirement.

    Retire as soon as you can without losing any benefits!
    Thanks Chris, and congrats to you too!

    Hey - I had a colorful instructor from Georgia in Advanced Accident Investigation when I took courses at Northwestern University (IL) many moons ago - a Thadeus Acock.

    Ring any bells?!

    First beer on me at Sedalia.
    Kevin Greenwald - Touring Tips Editor
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  12. #12
    Registered User cehlbeck's Avatar
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    Quote Originally Posted by Greenwald View Post
    Thanks Chris, and congrats to you too!

    Hey - I had a colorful instructor from Georgia in Advanced Accident Investigation when I took courses at Northwestern University (IL) many moons ago - a Thadeus Acock.

    Ring any bells?!

    First beer on me at Sedalia.
    That name is not one of the bells that rings in my head, sorry.
    Chris Ehlbeck
    BMWMOA 168990
    Chris & Donna's Motorcycle Journeys

  13. #13
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    Quote Originally Posted by cehlbeck View Post
    I don't know how I missed this thread but CONGRATULATIONS TO YOU HUGH!

    And to Kevin, congratulations to you also! Like you I retired from law enforcement. I retired in July of 2011 at age 50 (51 shortly after) with what my city determined was 30.7 years of service (all of it with them) But I counted 30 years and 3 days. I was lucky enough to still be under the defined benefits pension. Staying any longer would not have made my pension any bigger and would've only taken days away from my retirement.

    Retire as soon as you can without losing any benefits!
    In nearby Lexington,KY they stay longer & double dip to the tune of big $$$. Pretty much the higher ups, but via taking disability they are able to really cash in. Thats one of the hot news items out of that paper lately. Seeing people that started at the bottom, work their way up to a fire officer or police higher up & reaping 6 figures+. Nice huh?

  14. #14
    RK Ryder
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    Quote Originally Posted by PGlaves View Post
    Congratulations. Retire early and often. I retired at 59, and don't regret for a minute having done so. Sure, I could now have a little bit more money each month had I waited until later to retire, but the time since retirement has been as the ads would say, "priceless".
    +1

    In total agreement with Paul. I retired at 56 and haven't regretted one day. As much as I loved teaching and being a successful weekend photographer, once I retired I had no desire to ever return to either as there were just too many other activities for me. You might say that I finally got a life when I retired.

    Congratulations!
    Paul
    Retired and riding my RTs, the '87 K100 & the '98 R1100 !
    Treasurer of the Forest City Motorrad Club #159
    Knights of the Roundel #333

  15. #15
    Old man in the mountains osbornk's Avatar
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    I retired as soon as I could at 55. That was over 8 1/2 years ago and I haven't regretted it at all. I could have waited and had more money but once you have enough to do what you want to do, there is nothing gained. My Dad died at 52 and my Mom at 57 so I decided to enjoy the time I have left.

    When you get retired, you will wonder how you ever had time to work. I seem to be busy all the time but never seem to get anything finished.
    'You can say what you want about the South, but I almost never hear of anyone wanting to retire to the North.

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