Exactly one week from today I will log off my laptop, gather what is left of my belongings at the office, hand in my equipment and turn in my badge.
After almost 48 years in my selected occupation I decided that the end of March is my retirement date. I've met many good people in my line of work and made a great deal of life long friends....(some of them Chiefs fans too)
Without getting too sentimental.....I think I have run my race and done the best I could to always be at the top of my game.
Now comes the next stage of my life....and I do have plans. But it would be nice to hear from any of the rest of you who are retired as to what happened after you retired......did you take a few weeks off before just moving to something part time or volunteer work? Or did you just hit the ground running.
Any retirement wisdom is greatly appreciated.
(And no....I am not taking a trip to Belize nor will I be drinking any anti-freeze) [Reply]
Originally Posted by TrebMaxx:
This is so true. I didn't get any advice on such things when I was in my 20's. I didn't start a retirement plan until my early 30's which was a major mistake. Fortunately, I was able to catch up.
I have some young employees that I manage in their 20's that have chose not to participate in any of the retirement plans that are offered. When I talk to them about just putting in 3% and getting the matching from our employer they balk. I try to tell them but it falls on deaf ears. So to you youngsters out there, start investing now!
Yeah, sucks there's so little focus on this in school since investing early can make such a huge difference later... and like you said, it doesn't have to be 10% of your paycheck or anything crazy. Even if you start at say 1% of your paycheck, add 1% every year for a while or whenever you get a raise.
I retired at 57. First couple months take some getting used to not going to work everyday. I started my retirement in 2019, but of course, it was disrupted by COVID. Cancelled 5 or more trips that were planned during COVID, but did do South Dakota at the end of it, because it wasn't closed. Now, I've settled in and travel when I want to, sleep in when I want to, go to bed when I want to. So, after getting used to not going to work...... Retirement is the best job EVER!!! You will love it, as long as you can eat and have money for your hobbies. My wife and I have pensions and now SS, so we make more money than working. We saved our whole marriage to travel in retirement and have done quite a bit. I hope to live long enough to be retired as long as I worked. Good Luck, you'll love it! [Reply]
Originally Posted by Mosbonian:
You're kind of a victim of the " OMG you need 10 million dollars in retirement so let me help you (and of course myself too)" mantra by today's investment gurus.
You can live comfortably and not have to have a million dollars in retirement.
Yeah, the ridiculous amount of money "they" say you need is stupid. I suppose if you live a high maintenance lifestyle in NYC or other expensive areas that might sort of true. For the average person those numbers are overblown. [Reply]
At our job, we always put the blame for any discovered problem on the guy who most recently left the company. "Mosbonian was supposed to take care of ordering those parts - that's why production is down." "Mosbonian clearly entered this data incorrectly, it'll take me a couple days to straighten this out to where I can work with it."
You may or may not have been the GOAT, but you're a scapegoat now. [Reply]
Originally Posted by Zebedee DuBois:
At our job, we always put the blame for any discovered problem on the guy who most recently left the company. "Mosbonian was supposed to take care of ordering those parts - that's why production is down." "Mosbonian clearly entered this data incorrectly, it'll take me a couple days to straighten this out to where I can work with it."
You may or may not have been the GOAT, but you're a scapegoat now.
Ok....the Good Friday became a really good Friday.
Retirement day came and I went to the office...worked 2 hours, sent my farewell email to my team and then turned off my laptop. I Gathered all my equipment from the desk and turned and put it in my Director's office. I then walked down to the Office Managers office and turned in my badge.
So now, as of 2 PM today I became officially retired.
You can't see it but trust me...there is a nice big smile on my face. [Reply]
