Funny , I don't think about snow too often
We don't get it here that frequently, last year was a bugger for it. So far this year we have dodged the bullet.
Funny , I don't think about snow too often
We don't get it here that frequently, last year was a bugger for it. So far this year we have dodged the bullet.
...and that's another nice thing about retirement: when it snows you can take yer own sweet time with it. Shovel (not too fast and not too much 'cause, well, retirement usually implies being older and....Originally Posted by 40427
Funny , I don't think about snow too often
We don't get it here that frequently, last year was a bugger for it. So far this year we have dodged the bullet.). - Bob
Seems like i do most everything sorta slow and in my own time anymore.
I don't know how I missed this thread but CONGRATULATIONS TO YOU HUGH!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.
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!
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
24790
Team Pterodactyl Montana Outpost
Canyon Creek, MT USA
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
Nationally Certified Law Enforcement Motor Officer (Ret.)
MSF RiderCoach # 121656 (BRC,SBRC,IS,IME,SMARTrainer,THE REF Staff)
Iron Butt Association Member # 34281
That name is not one of the bells that rings in my head, sorry.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.
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.
Black 86 R80RT Brown 03 R1200CLC
You guys had best keep it down with all this talk of pensions ....... for as my young colleague informed me when our mechanic retired with 38-yrs of service at age 57....
"This country can't afford that crap. Retirement at 57 with a fixed income for life is wrong and is bankrupting this nation!"
So, just beware, some folks are really offended by anyone with a traditional pension or a desire to not work until death.
Cave contents: 99 R11RS, 2013 Toyota Tacoma, 03 Simplicity Legacy XL, 97 Stihl FS75, Dewalt DW625 & DW744
Jealously will get him nowhere.
'You can say what you want about the South, but I almost never hear of anyone wanting to retire to the North.
Black 86 R80RT Brown 03 R1200CLC
Not all of us who are retired or in the process of retiring have comfortable pensions. Some of us saved as much as we could, educated our kids, saved some more, and then will have to rely upon our IRA's and other savings.
Dan
Suggest to him if it wasn't for those retiring he might not have the opportunity for getting a job. Country can't afford unemployment either. Maybe the young worker needs to give a little thanks for those 'older folks' that had a hand in the development of worker rights and benefits that he gets the chance to enjoy.- Bob
BINGO!!! I voluntarily contributed to a state managed annuity fund that I have to wait until I'm 55 to begin collecting. I voluntarily contributed to a deferred compensation plan (457) that I have to wait until I'm 59 to draw out of. Those were in addition to money my employer took out of of my check to fund my pension.
We have a daughter who has never worked (for any meaningful time), got married young and had 2 children. She does not have the quaters for SS and probably never will. Her husband has always worked and is over 30. He's worked mostly at a small private business that is now him and the owner. There is no pension or 401K plan. He doesn't contribute to any IRA but instead insists social security will be their pension. That's the real problem there. But they sure do buy a car every few months, have a nice HDTV with DVR package, laptops, iPads and never money to take the kids to the doctor without health insurance. We just shake our heads because even though I'm a step Dad we didn't raiser her that way. I know her biological father isn't like that either.
I'll get off my soapbox now.
Bob,Suggest to him if it wasn't for those retiring he might not have the opportunity for getting a job. Country can't afford unemployment either. Maybe the young worker needs to give a little thanks for those 'older folks' that had a hand in the development of worker rights and benefits that he gets the chance to enjoy.
I'm not arguing, or disagree with what you said. However, the younger folks have been told a different version of history and they are certain they will find employment until they die.
Doing what, I have no clue. With each change of my bifocal prescription, I have to learn a new way of reading the computer screen and think of a different career.
Cave contents: 99 R11RS, 2013 Toyota Tacoma, 03 Simplicity Legacy XL, 97 Stihl FS75, Dewalt DW625 & DW744
I also had to wait until I was 55 to start collecting on my pension and I had a 401K I couldn't access without penalty until 59 1/2. I suspect your 457 is similar. However, I found when I retired at 55, I could withdraw from my 401K without penalty. I set up my 401K to send me a supplement each month to add to my measley pension. The money from my 401K was treated as regular income since it had not been taxed before but it was at a lower retired poor person rate.
'You can say what you want about the South, but I almost never hear of anyone wanting to retire to the North.
Black 86 R80RT Brown 03 R1200CLC
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