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Why did you decide to retire when you did?

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I have the option to retire in April. However, were I to do so, I'd make about 20% less per month. Part of me says it's more important to enjoy my retirement for as long as I can rather than get more money. In either case, I'll be earning enough to live on.

 

What made you decide it was time?

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A manager I did not like and an environment that reflected her poor work ethnics.

 

Laura

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I'm doing it step by step. I'm 59. I'm an independant contractor so I've asked my agents to find me contracts with 25 hours per week (and a higher per hour pay).

 

I'm doing it because I want time to weave, spin, knit, sew, cruise, be with SO, kids and friends, and do medieval re-enactment. Ain't got time for all that work.

 

I imagine I'll have longer and longer stretches between contracts the coming ten years.

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I worked past retirement mostly because I enjoyed my work, workmates and boss.

 

One day it occured to me that at my age, anytime, I could suffer a stroke and wind up sitting in a wheelchair in a corner for a very long time....not having done any of the traveling that we had talked about.

 

Last year we did South America, next fall we go to Tahiti...the bucket list is shrinking. (y)

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I felt that it was time and that there was other things in life such as cruising.

 

Keith

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Company I worked for decided to make life as uncomfortable as possible for people hired before a certain date who had salaries that reflected a more successful period for the company. They had improving diversity goals in mind too - but went after plenty of women who were the same "vintage" as me with salaries to match. There is one who has held out for the past 10 years - she is leaving soon with a bunch of medical problems. I could have held out too, but decided life is too short to waste working for a company that would treat people like that - so as soon as I qualified for retirement benefits I left and worked as a part-time job for 10 years. I left at 56 years of age. Best decision I ever made.

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I too, was working a job that could have been done by an untrained chimp. Retail. This last place hired me to oversee a department, of which I was very competent and happy....Until the day I started. I found out that "full time" hours were 30, or sometimes less, as long as we averaged 30 per quarter, we would be considered full time, however the hours prevented you from taking a second job. BUT, I was making enough money at 30 hours, other companies would have paid me less for 40 hours...So everyday I go in and after a while it was a losing battle with management....months turned into years...I'm in my late 50's where am I gonna go, so I put up with the crap.. The last year or so I was there, it seemed they couldn't find a place for me to be. They were catering to the high schoolers who knew more than I did after 30 years in the business. Giving them supervisory jobs and special projects. I ended up taking care of the cash in a small locked office away from everyone. I loved it, but...again I was told I had to do multiple jobs, like covering lunches, filling in departments where needed all the while supposed to be getting the daily deposit ready, and I was told there is no excuses. Well....a month or so before I "left"(will get to that in a minute) They are starting to train one of the high schoolers on my job with the cash, and a "newbie" was bragging she was being "interviewed" for a supervisory job. Hmmm. Now everyday, I am being harassed by the managers, then the district manager. I never called in sick and always did my job. So, I have a cruise coming up in a couple of weeks...I ask the one manager for the heck of it IF I would have a job when I got back. Without even looking at me he said Yes.....Liar....The week before my cruise the two managers come into the small office and tell me my services are no longer needed, I deleted what I had done on the computer, said thank you and walked out. I lived on my 401K until my Social Security kicked in...Best thing that ever happened to me...You know the old saying....you reap what you sow...I hope they do the same thing to those managers.

 

You know....I never told anyone that....

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Having a meeting with a co-worker that I was her boss. I thought we were all was on the same page with working in child care. But during the time when director hours change from salary to hourly the staff said what are the company going to pay me when I am not schedule to come in but are waiting to see if all staff report to work. That director of that child care center get off when she needed to for her appointment with no problems. Because she ask that question I look at her and though to myself it is time for me to retire and I did. Now that I have left she put in her 2 weeks notice which she told me if I retire she was going to quit and after 38 years I glad I retired in November.

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What relevance has this to do here?

 

 

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I'm getting ideas from like-minded cruisers about when to retire. Once I retire, I can't go back to my job. That's it. Then end. I don't want to retire and wish I hadn't.

 

My initial plan was to retire after my Crystal cruise, the following spring. I'd rather retire next year, but I don't know if doing so would be shooting myself in the foot.

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What relevance has this to do here?

 

 

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And..don't be a meanie.

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I have a friend who is 82, she worked until last September. She was with the company over 20 years. She worked from 4 am to 10 am. Finally it got to a point where she said WHY, she called them and told them she was done, never went back, and now she tells me "I don't know why I didn't do this sooner" You know when you are ready....just do it...what are they gonna do....fire you?

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When I'm eligible to retire, that will be 5 years before my husband. I feel guilty that I can retire that much earlier than him. Also, my company gave me a promotion and a substantial raise 3 months ago. I'd also feel guilty leaving so soon after the promotion, as if I'm not grateful for it.

 

But, to retire...oh, the thought of it!

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Living in Florida, I’m looking forward to being able to go on last minute style cheap cruises. But for now I keep working so I can have a decent retirement. It isn’t enough to stop working if I can’t enjoy it.

 

 

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I retired last year aged 59, both my parents died young while still working. I decided many years ago I would retire as soon as I could afford to. We have spent almost 3 months at sea since retirement and long may it continue.

 

No pockets in shrouds.

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I retired going on 6 years ago because my husband pressured me to. I wasn’t ready. We have cruised a lot, traveled, and moved to the southwest from the NW. I regret my decision and would go back. You can only do so many cruises :). Now I have been gone too long to feel comfortable getting back into a job that was very legally based. I miss feeling useful and involved. I know folks say you can volunteer and get involved but it isn’t the same as working from your knowledge base. I am a cancer survivor so I have had health issues but I say don’t go till you really are ready. Have something you run to not run from. Good luck. It truly is a personal decision.

 

 

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I’m past retirement age but still working, at the same job for 33 years. I take 3 to 4 cruises a year, obviously none longer than a week or 2, Australia will have to wait until I retire. I not only have a full time job but have been an active volunteer for 24 years (on board of directors ) and am also a cancer survivor. I don’t want to die at my desk but, until I can figure out what I want to do when I retire and where I want to live (taking into consideration weather & taxes), I’ll keep working. I guess we all decide when the time is right to retire unless we’re “retired” by our employer.

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I retired when my financial planner told me one day “You know, you don’t have to work if you don’t want to. Is there something else you’d like to do besides work?” I was 51 yrs old, working at a job I actually liked a lot, but I’d also been working constantly since I was 19. I had lucked out and landed a job doing database design for Amazon in Seattle in 1997 — one of those serendipitous “right place, right time” things. I hadn’t discovered the joys of cruise travel yet, and what I wanted to do most of all was get my undergrad degree in music. I gave it a lot of thought, had my planner run the numbers with many variables — my biggest fear was ending up as a bag lady when I’m 84. Numbers looked good, so I retired in June 2003, and started classes as a full time student in September 2003.

 

Finally got all the education stuff out of the way 2003-2010 (BA in composition, conducting, & vocal performance; M.Mus in music history & literature; ABD for a D.Mus in conducting). Took my first cruise in September 2017; have 5 more booked.[emoji1] kind of making up for lost time.

 

 

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An example of why I want to retire sooner rather than later:

 

My team lead told me to take a 3-day class with her, which started Monday. On Thursday, tomorrow, I'm leaving for Florida to visit my 88 year old dad and will return to work next Wednesday.

 

The first day of the class she turns to me and asks when I expect to complete Project A if I'm going to be gone visiting my dad. In my head I'm think to myself I'd be finishing Project A if I weren't in this class with her, the one she told me to take. On day two of the class she doesn't show up. I text her and she tells me she had to go to the office. She never showed up to the class yesterday. Last night she texts and wants to know if I want to come into work either during the class lunch break or after the class to complete Project A. I tell her I'm coming in after the class.

 

She's the one that told me to sign up for the class. I've had my projected leave on the calendar for 6 months, so it's not like she didn't know I was going to Florida. Project A can actually wait to be completed on Wednesday, but she wants it done now. The class she made me take is way above and beyond my level of need and is actually unnecessary for me to complete my work. I doubt she shows up today for the class.

 

That's the kind of stuff that makes my head spin and makes me just want to duck out of the work world. Give me a cup of coffee in the morning, the online LA Times, and a spin on my elliptical each day and I'll be happy.

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I have the option to retire in April. However, were I to do so, I'd make about 20% less per month. Part of me says it's more important to enjoy my retirement for as long as I can rather than get more money. In either case, I'll be earning enough to live on.

 

I'll be facing the same choice in a few years. I think I'm already decided on slightly less income each month, but we'll see how I feel when the time actually comes.

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We were financially independent. My former employer provided an extremely lucrative exit package.

 

We have no inclination to be the wealthiest people in the care home.

 

We like to travel and have a very long bucket list.

 

We focus on how many good, healthy years we have left vs. our age or working an extra year or two simply to add funds to the inheritance that we will pass along.

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We focus on how many good, healthy years we have left vs. our age or working an extra year or two simply to add funds to the inheritance that we will pass along.

 

I'm expecting to be a widower with no children of my own (I do have my DW's daughters and grandkids) so don't think I'm going to leave an inheritance. I mean, sure, theoretically I could leave my home and personal effects, but extremely likely I will have blown through my savings. Even the house I'm thinking I'll eventually reverse mortgage to keep the lifestyle going, so I don't think they should count on that either. :halo:

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When one retires & looks forward to traveling, it's very different if you are traveling as a couple than as a single.

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30 years retirement credit happened on April 17th 2017 coincidentally the Monday, Emancipation Day was remembered in 2017. A "sign" I could not ignore, separated from service, will "retire" in 18 months. Too many changes to stay.

I am a widow, plan to leave this world debt free and HAPPY HAPPY HAPPY.

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I retired after working 30 years and was just short of 50. Had enough with the people and found out what I could get monthly and went. One thing I will never forget is my GM telling me that a guy had put in for his retirement and died before the paperwork was done. That was over 18 years ago and I never regretted it one bit.

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I was working for an engineering company as a senior project administrative assistant and liked my job. But, my 94 year old mother was in a nursing and failing. I went to the nursing home every day after work. The traffic in Houston is horrific during rush hours. I was leaving the house at 6:30 am and not getting home till 7:00 at night. I was exhausted. So I retired to spend more time with her. Glad I did. She passed away a little over a year later.

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One thing I will never forget is my GM telling me that a guy had put in for his retirement and died before the paperwork was done.

 

Last summer one of my fellow nurses retired on a Friday, had her retirement party on Sat. night and died of a heart attack on Monday. She had worked longer than she really wanted to and was looking forward to finally starting to travel. So sad.

 

I'm retiring 6 months earlier than I had originally planned so that I can go on a world cruise. And I'll be using a portion of my retirement money to do it. But it's a bucket list dream-come-true experience that I'll have memories of till I die. Even if I have to be extra frugal after that, I think it will be worth it.

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Last summer one of my fellow nurses retired on a Friday, had her retirement party on Sat. night and died of a heart attack on Monday. She had worked longer than she really wanted to and was looking forward to finally starting to travel. So sad.

 

I'm retiring 6 months earlier than I had originally planned so that I can go on a world cruise. And I'll be using a portion of my retirement money to do it. But it's a bucket list dream-come-true experience that I'll have memories of till I die. Even if I have to be extra frugal after that, I think it will be worth it.

 

Good for you! My plan is to retire from nursing just as soon as our financial planner gives me the sign. I plan to "sneak out" by taking all my paid leave and then working one more day at the end of a schedule, then not being on the next schedule. I don't need a taco dinner at 8pm for my retirement party. I will email my dear friends and hopefully keep in touch with them, but the rest..meh! Unfortunately it will be at least 3 more years if not 4. Depends on health insurance costs. I'm good at being frugal now.. DH not so much :)

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Good for you! My plan is to retire from nursing just as soon as our financial planner gives me the sign. I plan to "sneak out" by taking all my paid leave and then working one more day at the end of a schedule, then not being on the next schedule. I don't need a taco dinner at 8pm for my retirement party. I will email my dear friends and hopefully keep in touch with them, but the rest..meh! Unfortunately it will be at least 3 more years if not 4. Depends on health insurance costs. I'm good at being frugal now.. DH not so much :)

Love your plan, fellow nurse!!

 

I'm saving up my paid leave to cash out when I go, then will use it for expenses while on the cruise. My last day will be at the end of the schedule too! Only 8 more schedules to fill out. I also plan to tell them that I do not want a retirement party. It's always just a potluck in the break room. I will have been there 7 years (but 28 years as a nurse) and just plan to say my goodbyes to everyone on my last day and walk out. I never imagined that I could be a staff nurse, working 12 hr shifts and on my feet all day, until nearly 66 yrs old - very few hospital nurses are my age. I'm already frugal, but after retiring I might have to take it to a new level - guess I'll just have to see how far Social Insecurity and the 401K will go. ;)

Edited by Go-Bucks!

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Love your plan, fellow nurse!!

 

I'm saving up my paid leave to cash out when I go, then will use it for expenses while on the cruise. My last day will be at the end of the schedule too! Only 8 more schedules to fill out. I also plan to tell them that I do not want a retirement party. It's always just a potluck in the break room. I will have been there 7 years (but 28 years as a nurse) and just plan to say my goodbyes to everyone on my last day and walk out. I never imagined that I could be a staff nurse, working 12 hr shifts and on my feet all day, until nearly 66 yrs old - very few hospital nurses are my age. I'm already frugal, but after retiring I might have to take it to a new level - guess I'll just have to see how far Social Insecurity and the 401K will go. ;)

Just think of the things you won't have to pay for when you retire! Liability insurance, association fees, licensure fees, extra gas for meetings, scrubs, food to prepare for those never ending potlucks, CEU costs, gifts for every wedding, baby, holiday or tragedy, donation of vacation hours to someone who has blown through theirs, donation to United way and employee giving fund for the hospital.I'm sure there are others. I don't do it anymore, but a lot of my coworkers order out for lunch or buy their food on site. I used to order from everyone's children for their school fundraisers or order Longaberger baskets, Tupperware, Scentsy, Girl Scout cookies, Boy Scout Popcorn, Pampered chef stuff,...

I will have 37 years in my current unit and 44 as a nurse when I leave.

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Just think of the things you won't have to pay for when you retire! Liability insurance, association fees, licensure fees, extra gas for meetings, scrubs, food to prepare for those never ending potlucks, CEU costs, gifts for every wedding, baby, holiday or tragedy, donation of vacation hours to someone who has blown through theirs, donation to United way and employee giving fund for the hospital.I'm sure there are others. I don't do it anymore, but a lot of my coworkers order out for lunch or buy their food on site. I used to order from everyone's children for their school fundraisers or order Longaberger baskets, Tupperware, Scentsy, Girl Scout cookies, Boy Scout Popcorn, Pampered chef stuff,...

I will have 37 years in my current unit and 44 as a nurse when I leave.

Oh, you gave me a great laugh! We nurses all have the same experiences!! Luckily I don't have many of these costs (no ins, not in a union, only rarely give $ for occasions, don't give to United Way or hospital foundation, and keep my own vacation time) - but I do often eat lunch from the cafe or order out. At 5am, I'm often too tired to make lunch.

 

But I have thought about costs that I won't have while on a 6 mon long cruise - no groceries, gasoline, car maintenance, meals out or birthday gifts for family. Those alone will save me a bunch. Hope you can plan and take a grand vacation to celebrate your retirement when it arrives. :D

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When I'm eligible to retire, that will be 5 years before my husband. I feel guilty that I can retire that much earlier than him. Also, my company gave me a promotion and a substantial raise 3 months ago. I'd also feel guilty leaving so soon after the promotion, as if I'm not grateful for it.

 

But, to retire...oh, the thought of it!

 

My husband took an early retirement package over 10 years ago while I continued to work. When he did, he took over almost all the chores that we had previously shared. After decades as a dual career couple, having one career and one person to tend the home fires has been a luxury for me. It also meant he was on hand to manage some house remodeling that we had planned.

 

One of you being able to retire earlier can be a blessing for both of you.

 

Some years he also provided day care for our grandchildren until they were old enough for pre-school so it has been pretty nice for our children as well.

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30 years retirement credit happened on April 17th 2017 coincidentally the Monday, Emancipation Day was remembered in 2017. A "sign" I could not ignore, separated from service, will "retire" in 18 months. Too many changes to stay.

I am a widow, plan to leave this world debt free and HAPPY HAPPY HAPPY.

 

 

 

Enjoy, enjoy, enjoy. I'm a widow for over 30 years. Don't be afraid to travel solo. There's so many more opportunities now, than 5 years ago. Plus, you meet absolutely fabulous people. I'm meeting people in Australia next month that I met 2 years ago on a trip. It truly is a small world.

 

 

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I retired when working ceased to be fun. Life is too short to spend time being unhappy or distressed. Plenty of other activities with which to occupy myself.

 

Retire when you are financially able (or almost), whilst in good health, and when your job is boring.

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I'm enjoying reading all of your replies. Life is grand!

 

When I got the promotion, I bought myself a new-to-me truck. My initial plan was to pay off the truck (3 year loan) then retire. I think I'm going to stick with that plan only I'll make extra payments so I can retire earlier than June 1, 2020.

 

I do have a cruise to pay off as well. :halo:

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I have been working at the same place for 40 years. I love my job, but I am soooo ready to retire. Unfortunately, health insurance is the only thing holding me back. For those of you who retired before age 65, how do you manage health care?

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I have been working at the same place for 40 years. I love my job, but I am soooo ready to retire. Unfortunately, health insurance is the only thing holding me back. For those of you who retired before age 65, how do you manage health care?

If there's one thing I did right in my career, it was to join the Navy reserves in my 40s. I had some active duty time from the 1980s and found I wasn't too old to join up in the 2000s. I'll get Tricare Prime when I retire from the reserves in April. That will cost something like $550 a year for family coverage. Amazing, I know.

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If there's one thing I did right in my career, it was to join the Navy reserves in my 40s. I had some active duty time from the 1980s and found I wasn't too old to join up in the 2000s. I'll get Tricare Prime when I retire from the reserves in April. That will cost something like $550 a year for family coverage. Amazing, I know.

You deserve it!

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If there's one thing I did right in my career, it was to join the Navy reserves in my 40s. I had some active duty time from the 1980s and found I wasn't too old to join up in the 2000s. I'll get Tricare Prime when I retire from the reserves in April. That will cost something like $550 a year for family coverage. Amazing, I know.

 

LOL! If there is one thing I did right it was finding my wife a job at Disneyland back in the 1980s - we get PPO coverage for the both of us for $156 a year. For DW it's a secondary to her Medicare, for me it's my primary for now and then will become my secondary when I become Medicare eligible. Even if I find myself a widower someday, it's also a surviving spouse benefit. Recent WDC hires don't have it anywhere near as good. :D

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Have enjoyed reading this thread!! Not yet retired but have a pretty solid plan to do so in 2020 when I turn 60 and DW will be 59. Hard to believe that this is only two years away :) :)

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