Things that make you think about life...
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@Jolly said in Things that make you think about life...:
Signed my first papers at 52.
I still work PRN.
I'd still happily work p/t if I retired, just not at what I do now.
I was only joking
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@Jolly said in Things that make you think about life...:
Signed my first papers at 52.
I still work PRN.
I'd still happily work p/t if I retired, just not at what I do now.
@Doctor-Phibes said in Things that make you think about life...:
@Jolly said in Things that make you think about life...:
Signed my first papers at 52.
I still work PRN.
I'd still happily work p/t if I retired, just not at what I do now.
Check here for obamacare - this site will give an estimate for Massachusetts
https://betterhealthconnector.com/get-an-estimate
They will pay for health insurance based on income, not net worth. So if you are living off savings and and don't have much income they will pick up the tab. You can have a lot of money, but it is only income that matters.
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I’m torn on this too now. I’ve got 25 years ahead of me until official retirement age… but I should be able to get there in 10 if I buckle down and grind out my middle-mgmt tech career. (Probably way too optimistic).
Or do I really try to branch out and try something different while I still have the energy….
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@Doctor-Phibes said in Things that make you think about life...:
@Jolly said in Things that make you think about life...:
Signed my first papers at 52.
I still work PRN.
I'd still happily work p/t if I retired, just not at what I do now.
Check here for obamacare - this site will give an estimate for Massachusetts
https://betterhealthconnector.com/get-an-estimate
They will pay for health insurance based on income, not net worth. So if you are living off savings and and don't have much income they will pick up the tab. You can have a lot of money, but it is only income that matters.
@Copper said in Things that make you think about life...:
@Doctor-Phibes said in Things that make you think about life...:
@Jolly said in Things that make you think about life...:
Signed my first papers at 52.
I still work PRN.
I'd still happily work p/t if I retired, just not at what I do now.
Check here for obamacare - this site will give an estimate for Massachusetts
https://betterhealthconnector.com/get-an-estimate
They will pay for health insurance based on income, not net worth. So if you are living off savings and and don't have much income they will pick up the tab. You can have a lot of money, but it is only income that matters.
I'm guessing the spoilsports would consider my pension as income.
I should also have said '....and if I didn't have two kids in college'.
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@Jolly said in Things that make you think about life...:
Signed my first papers at 52.
I still work PRN.
I'd still happily work p/t if I retired, just not at what I do now.
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@89th said in Things that make you think about life...:
My goal is to retire in 15 years, if the market does better, perhaps earlier. I'd be 57.
I could have retired at 60 - except health insurance was unaffordable. My group covered me until I turned 65. That's the only reason I kept gong for another 4 years.
Boredom is not an issue for me either.
@George-K said in Things that make you think about life...:
I could have retired at 60 - except health insurance was unaffordable. My group covered me until I turned 65. That's the only reason I kept gong for another 4 years.
Single-payer universal healthcare FTW!
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Long did you pay into CPP before you moved to the US?
@Renauda said in Things that make you think about life...:
Long did you pay into CPP before you moved to the US?
It was only 5 years. I don't think I get anything. I have a relatively small GIC left over, and I also get a bit from my British company pension. The main reason I'm still in my current job is there's a really great company pension on top of the 401K retirement savings that I'm squirreling away.
There's a significant difference in income if I work 3 more years and retire at 65, so that's the plan.
I was only joking
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@Horace said in Things that make you think about life...:
I'll keep doing this as long as they let me.
Why do you need their permission to do what you do?
@Axtremus said in Things that make you think about life...:
@Horace said in Things that make you think about life...:
I'll keep doing this as long as they let me.
Why do you need their permission to do what you do?
Because I do internal R&D with products that require large teams to create?
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@Renauda said in Things that make you think about life...:
Long did you pay into CPP before you moved to the US?
It was only 5 years. I don't think I get anything. I have a relatively small GIC left over, and I also get a bit from my British company pension. The main reason I'm still in my current job is there's a really great company pension on top of the 401K retirement savings that I'm squirreling away.
There's a significant difference in income if I work 3 more years and retire at 65, so that's the plan.
@Doctor-Phibes said in Things that make you think about life...:
@Renauda said in Things that make you think about life...:
Long did you pay into CPP before you moved to the US?
It was only 5 years. I don't think I get anything. I have a relatively small GIC left over, and I also get a bit from my British company pension. The main reason I'm still in my current job is there's a really great company pension on top of the 401K retirement savings that I'm squirreling away.
There's a significant difference in income if I work 3 more years and retire at 65, so that's the plan.
I think you are right, you have to pay into CPP for at least 10 years in order to collect. You still may want to check into it when the time comes.
3 years goes by fast. Max out whatever you possibly can. My spouse is in a similar situation - where she works if your age combined with number of years of service equals 80, a person can retire and collect full pension based on the best last three years of salary.
Elbows up!
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A couple cliche, but still true:
You can't add time to the end of your retirement, only to the beginning.
No one on their deathbed ever said that they wished they would have spent more time at the office.
@taiwan_girl said in Things that make you think about life...:
A couple cliche, but still true:
You can't add time to the end of your retirement, only to the beginning.
No one on their deathbed ever said that they wished they would have spent more time at the office.
Not quite true. After three years I found I missed the involvement. Starting my third year of part time consulting and loving it. To each his own.
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@taiwan_girl said in Things that make you think about life...:
A couple cliche, but still true:
You can't add time to the end of your retirement, only to the beginning.
No one on their deathbed ever said that they wished they would have spent more time at the office.
Not quite true. After three years I found I missed the involvement. Starting my third year of part time consulting and loving it. To each his own.
@Mik said in Things that make you think about life...:
After three years I found I missed the involvement.
Yes. We're all different. I keep in touch with my surgeon friends.
As the old saying goes, "I don't miss the work, I miss the people."
"Now look here, you Baltic gas passer... " - Mik, 6/14/08
The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.
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@Doctor-Phibes said in Things that make you think about life...:
@Renauda said in Things that make you think about life...:
Long did you pay into CPP before you moved to the US?
It was only 5 years. I don't think I get anything. I have a relatively small GIC left over, and I also get a bit from my British company pension. The main reason I'm still in my current job is there's a really great company pension on top of the 401K retirement savings that I'm squirreling away.
There's a significant difference in income if I work 3 more years and retire at 65, so that's the plan.
I think you are right, you have to pay into CPP for at least 10 years in order to collect. You still may want to check into it when the time comes.
3 years goes by fast. Max out whatever you possibly can. My spouse is in a similar situation - where she works if your age combined with number of years of service equals 80, a person can retire and collect full pension based on the best last three years of salary.
@Renauda said in Things that make you think about life...:
3 years goes by fast. Max out whatever you possibly can. My spouse is in a similar situation - where she works if your age combined with number of years of service equals 80, a person can retire and collect full pension based on the best last three years of salary.
We have the same thing, but it's for the total = 85, they call it the rule of 85. I hit that at 64.5 so I'm willing to work the extra 6 months for the heck of it.
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@Mik said in Things that make you think about life...:
After three years I found I missed the involvement.
Yes. We're all different. I keep in touch with my surgeon friends.
As the old saying goes, "I don't miss the work, I miss the people."
@George-K said in Things that make you think about life...:
@Mik said in Things that make you think about life...:
After three years I found I missed the involvement.
Yes. We're all different. I keep in touch with my surgeon friends.
As the old saying goes, "I don't miss the work, I miss the people."
Yeah, the nature of your work was much more demanding in multiple ways. In two years I’ve not had to get out of bed one minute before I wanted to.
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My primary hobby of sitting on a chair in the middle of the room and staring at the wall, seems inexhaustible. It pains me to be torn away from it by work and other things.
@Horace said in Things that make you think about life...:
My primary hobby of sitting on a chair in the middle of the room and staring at the wall, seems inexhaustible. It pains me to be torn away from it by work and other things.
I know. It’s SO inconvenient.
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I’m torn on this too now. I’ve got 25 years ahead of me until official retirement age… but I should be able to get there in 10 if I buckle down and grind out my middle-mgmt tech career. (Probably way too optimistic).
Or do I really try to branch out and try something different while I still have the energy….
@xenon said in Things that make you think about life...:
I’m torn on this too now. I’ve got 25 years ahead of me until official retirement age… but I should be able to get there in 10 if I buckle down and grind out my middle-mgmt tech career. (Probably way too optimistic).
Or do I really try to branch out and try something different while I still have the energy….
Given you will probably be working for quite a few years and I suspect middle management IT will always be available, what would you love to do?
I’d love to say I went independent out of some business savvy, but the truth is somebody really pissed me off. All in all it worked out beautifully and I got what I wanted - the freedom to confidently say no to things I didn’t want to do.
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@Jolly said in Things that make you think about life...:
Signed my first papers at 52.
I still work PRN.
I'd still happily work p/t if I retired, just not at what I do now.
@Doctor-Phibes said in Things that make you think about life...:
@Jolly said in Things that make you think about life...:
Signed my first papers at 52.
I still work PRN.
I'd still happily work p/t if I retired, just not at what I do now.
A comment...After I retired the first time, my wife threatened to bury me in the back yard. Not because I was doing nothing, it was because I had too much going on around the house and I started early.
So, I went back to work full-time, but in a totally different career field. It was hard, but it was fun. And it stretched the brain, along with meeting a lot of new people. Sadly, some health issues got in the way and I had to quit.
I got antsy and went back to healthcare working PRN. I've enjoyed that, but I'm getting c!oser to hanging it up. I certainly would have stayed in the other career field if I could.
So if you can retire and you're able to do something else, do it. I think you'll find it rejuvenating.
