Footballjoe Posted September 2, 2008 Share Posted September 2, 2008 In four days I will qualify to retire with full benefits. Been with the company for 26 years. I bought back 4 years from service with another company under the same retirement system. I am not planning on going anywhere but am looking at my options. May go full time with my Handyman Business. May look into doing Insurance Inspections or may try to find a job similiar to what I am doing now in demolition. It feels mighty good to know I can go in most any direction I want. When you are this weekend, drink one for me. Quote Link to comment Share on other sites More sharing options...
Puddy Posted September 2, 2008 Share Posted September 2, 2008 Congtratulations on getting old. Quote Link to comment Share on other sites More sharing options...
nuke'em ttg Posted September 2, 2008 Share Posted September 2, 2008 soundin goud mon Quote Link to comment Share on other sites More sharing options...
T_bone65 Posted September 2, 2008 Share Posted September 2, 2008 Just don't rely on your FF knowledge to pay the bills And what Puddy said Quote Link to comment Share on other sites More sharing options...
TimC Posted September 2, 2008 Share Posted September 2, 2008 What is this word "retirement" you speak of? You mean if you stay with a company long enough, they pay you after you leave? Now that's just crazy. Quote Link to comment Share on other sites More sharing options...
dmarc117 Posted September 2, 2008 Share Posted September 2, 2008 i cant wait til i can cash my social security checks........ Quote Link to comment Share on other sites More sharing options...
cre8tiff Posted September 2, 2008 Share Posted September 2, 2008 What is this word "retirement" you speak of? You mean if you stay with a company long enough, they pay you after you leave? Now that's just crazy. +1 I think I will be working as long as I am sucking atmosphere. Quote Link to comment Share on other sites More sharing options...
geeteebee Posted September 2, 2008 Share Posted September 2, 2008 Curious to know what retirement benefits your company gives you. Do you get a % of your salaray? Any healthcare benefits? Quote Link to comment Share on other sites More sharing options...
Footballjoe Posted September 2, 2008 Author Share Posted September 2, 2008 Curious to know what retirement benefits your company gives you. Do you get a % of your salaray? Any healthcare benefits? I am under the Virginia Retirement System. Its based on total yrs, age and 3 highest yrs of salary. I am not sure what % I get but as of next week I would get just under $2500.00 a month. Not enough to live off of but a good start. I am only 52. If I stayed here another 10 yrs I could get about $3500 a month based on a 2% increase in salary per year. I can opt to get Health Insurance for a few yrs. My thinking is if I retire and draw the $2500 a month plus get another job I could possibly bring home another $30,000.00 a year. Of course, it would have to be the right job. I have been looking at my options. Quote Link to comment Share on other sites More sharing options...
jaxfactor Posted September 2, 2008 Share Posted September 2, 2008 In four days I will qualify to retire with full benefits. Been with the company for 26 years. I bought back 4 years from service with another company under the same retirement system. I am not planning on going anywhere but am looking at my options. May go full time with my Handyman Business. May look into doing Insurance Inspections or may try to find a job similiar to what I am doing now in demolition. It feels mighty good to know I can go in most any direction I want. When you are this weekend, drink one for me. In about 9 years, I'll feel the same way. Congrats! i cant wait til i can cash my social security checks........ If you have SS. Quote Link to comment Share on other sites More sharing options...
JoJoTheWebToedBoy Posted September 2, 2008 Share Posted September 2, 2008 +1 I think I will be working as long as I am sucking atmosphere. My wife has told me.... "Because you are the man, you have to work until you are dead" I need to find a new wife....... Quote Link to comment Share on other sites More sharing options...
Chargerz Posted September 2, 2008 Share Posted September 2, 2008 In four days I will qualify to retire with full benefits. Been with the company for 26 years. I bought back 4 years from service with another company under the same retirement system. I am not planning on going anywhere but am looking at my options. May go full time with my Handyman Business. May look into doing Insurance Inspections or may try to find a job similiar to what I am doing now in demolition. It feels mighty good to know I can go in most any direction I want. When you are this weekend, drink one for me. I'll drink more than one!! I can't wait to make a similar post in a few years. Quote Link to comment Share on other sites More sharing options...
Chief Dick Posted September 2, 2008 Share Posted September 2, 2008 My wife has told me.... "Because you are the man, you have to work until you are dead" I need to find a new wife....... We are apparently married to the same woman. Quote Link to comment Share on other sites More sharing options...
Big John Posted September 2, 2008 Share Posted September 2, 2008 We are apparently married to the same woman. So he robbed a deeper cradle than you? Quote Link to comment Share on other sites More sharing options...
westvirginia Posted September 2, 2008 Share Posted September 2, 2008 We are apparently married to the same woman. +1 Quote Link to comment Share on other sites More sharing options...
Jimmy Neutron Posted September 3, 2008 Share Posted September 3, 2008 Congratulations! That is a few exits past coolville. My best shot is to die before my term life expires and my wife can retire with my replacement. Quote Link to comment Share on other sites More sharing options...
Riffraff Posted September 3, 2008 Share Posted September 3, 2008 It's not a retirement, it's just a transition. Well earned. Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted September 3, 2008 Share Posted September 3, 2008 I'll drink more than one!! I can't wait to make a similar post in a few years. Me either. Nine more and then it's drunken debauchery for the rest of my life. Quote Link to comment Share on other sites More sharing options...
Chargerz Posted September 3, 2008 Share Posted September 3, 2008 My wife has told me.... "Because you are the man, you have to work until you are dead" I need to find a new wife....... We are apparently married to the same woman. +1 +2 Quote Link to comment Share on other sites More sharing options...
ts Posted September 4, 2008 Share Posted September 4, 2008 ...I am not planning on going anywhere but am looking at my options. Maybe you could consider starting an internet Fantasy Football advice site ... seems like anybody with a registered domain name can make a living at that these days. Quote Link to comment Share on other sites More sharing options...
rocknrobn26 Posted September 4, 2008 Share Posted September 4, 2008 What is this word "retirement" you speak of? You mean if you stay with a company long enough, they pay you after you leave? Now that's just crazy. Keep working. Retirement sucks. HELL US RETIREES NEED YOU WORKING SLUGS TO SUBSIDIZE OUR FUN! I'll drink more than one!! I can't wait to make a similar post in a few years. Hope that's a short few, my friend! FJ, I pulled the pin when I was 53 (30+ years in Jr. High, HS, and college). That was 6 years ago w/ no regrets. I was a college Prof, w/ the cash incentives I'm pulling about 75% of my income when I retired w/ 3% raises every year. Understand that no one gets 100% of their salary. When you consider that I no longer pay 9.5% for retirement, 3% for State Income tax, and no longer pay into 403B's, my cut in pay was less than 10%! Health Insurance is the biggie. W/ additional incentives I pay about $125/ month w/ a decent but not great PPO. When I turn 65 I can pull Medicare (I had time in the private sector plus my own business) and my Health insurance will be secondary at about $55/month. But I have a ways to go to get there. I taught P/T for awhile (~3 years), but after a couple of bad classes (disinterested students) and the college changing from quarters to semesters, I said the hell with it. I've been bored maybe 3 days in the last 6 years! So I maxed out the Photo classes at my old CC, free of charge. The wife retired 2 years ago (35 years teaching Jr. High Mostly ). Initially she was nervous as to what to do w/ her time. She went P/T job hunting, but they were all nights and weekends. She got involved in a local garden club and voila she couldn't care less about a job! Retirement is like a party. Some people say "The party sucked!" Others at the same party say "I thought it was Great!". It's what YOU make of it. BTW...the secret answer when some non-retired friend asks you "What do you do all day?". Your answer is "Anything I want!." When they ask again and say "No...seriously...what do you do all day?." You still answer (with gusto) "A-n-y-t-h-i-n-g I w-a-n-t!." Enjoy, FJ! You earned it, YOU enjoy it anyway you can! rr26 Quote Link to comment Share on other sites More sharing options...
Footballjoe Posted September 5, 2008 Author Share Posted September 5, 2008 Keep working. Retirement sucks. HELL US RETIREES NEED YOU WORKING SLUGS TO SUBSIDIZE OUR FUN! Hope that's a short few, my friend! FJ, I pulled the pin when I was 53 (30+ years in Jr. High, HS, and college). That was 6 years ago w/ no regrets. I was a college Prof, w/ the cash incentives I'm pulling about 75% of my income when I retired w/ 3% raises every year. Understand that no one gets 100% of their salary. When you consider that I no longer pay 9.5% for retirement, 3% for State Income tax, and no longer pay into 403B's, my cut in pay was less than 10%! Health Insurance is the biggie. W/ additional incentives I pay about $125/ month w/ a decent but not great PPO. When I turn 65 I can pull Medicare (I had time in the private sector plus my own business) and my Health insurance will be secondary at about $55/month. But I have a ways to go to get there. I taught P/T for awhile (~3 years), but after a couple of bad classes (disinterested students) and the college changing from quarters to semesters, I said the hell with it. I've been bored maybe 3 days in the last 6 years! So I maxed out the Photo classes at my old CC, free of charge. The wife retired 2 years ago (35 years teaching Jr. High Mostly ). Initially she was nervous as to what to do w/ her time. She went P/T job hunting, but they were all nights and weekends. She got involved in a local garden club and voila she couldn't care less about a job! Retirement is like a party. Some people say "The party sucked!" Others at the same party say "I thought it was Great!". It's what YOU make of it. BTW...the secret answer when some non-retired friend asks you "What do you do all day?". Your answer is "Anything I want!." When they ask again and say "No...seriously...what do you do all day?." You still answer (with gusto) "A-n-y-t-h-i-n-g I w-a-n-t!." Enjoy, FJ! You earned it, YOU enjoy it anyway you can! rr26 I must be in a screwed up retirement system. From the calculations I got I will get less than 50% of my salary and still have to pay taxes. I am still looking at options. I know there will be plenty to do once I do retire but need to get the kids out of college first. Quote Link to comment Share on other sites More sharing options...
TheShiznit Posted September 5, 2008 Share Posted September 5, 2008 My wife has told me.... "Because you are the man, you have to work until you are dead" I need to find a new wife....... You can have mine! Quote Link to comment Share on other sites More sharing options...
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