"Endless money forms the sinews of war." - Cicero
logo

Go Back   Saving Advice > Financial Chit Chat > General Discussion

General Discussion Please read our Forum Rules before posting
Feel free to talk about anything and everything about money.

Reply
 
LinkBack Thread Tools
  #21 (permalink)  
Old 09-02-2011, 08:20 AM
Like2Plan Like2Plan is offline
$ Saving College Sophomore
 
Join Date: May 2007
Posts: 819
Points: 4360.00
Donate
Default

Quote:
Originally Posted by mrpaseo View Post
OP: Congratulations on your retirement. I understand your frustrations with missing so many holidays, I too have sacrificed many a holidays though the years to the point that most mean nothing to me.

I have decided to retire Active Duty Army with 20 years 5 months service on 30 SEP 12. Starting tomorrow 1 SEP 11 (12 months out from retirement), my wife and I will start living on my retirement pay and her income (Basically what we will live on when I do actually retire). This will give us plenty of time to ensure we can live on the lowered income. I have a few ideas as to what I will be doing in retirement but I have basically decided to take a year off before I find another job (That is if I feel I need another job).

My wife and I will both be 40 in OCT 2012.


Ray

Ray,
As always, thank you for your service. You have done a lot of really good preparation for retirement over the years. I think living on what you will receive in retirement is a really good step to prepare for retirement. DH and I have been doing this for a while now, so I am hoping retirement will not be a big shock.
Reply With Quote
  #22 (permalink)  
Old 09-02-2011, 08:41 AM
alphadore alphadore is offline
$ Saving Sixth Grader
 
Join Date: Aug 2011
Posts: 60
Points: 365.00
Donate
Default

Congratulations! Hope you enjoy your retirement years.
Reply With Quote
  #23 (permalink)  
Old 09-02-2011, 12:06 PM
maat55's Avatar
maat55 maat55 is offline
$ Saving Post Graduate
 
Join Date: Jan 2008
Location: Oklahoma
Posts: 3,481
Points: 18557.00
Donate
Default

Quote:
Originally Posted by Like2Plan View Post
I mailed my retirement package in to my employer with an effective date of Nov 3, 2011.
I suppose I will be second guessing myself for a while. I was eligible to retire since Feb, but I delayed my decision. I have been considering pros and cons for several months now. The overall deciding factor was that my place of work moved further from my home and my commute time has increased substantially. Why continue to make the drive when I don't have to? That, coupled with the thought of driving in the wintertime when there is snow and ice on the roads really freaks me out--so I set my date before there was any possibilty of snow (and ice).
I am so tickled that I won't have to work on any of the upcoming holidays!
Work getting in the way of playing golf would have been enough for me.
__________________
Marcus Tullius Cicero:
The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.
Reply With Quote
  #24 (permalink)  
Old 09-02-2011, 12:31 PM
artwest artwest is offline
$ Saving HS Sophomore
 
Join Date: Aug 2011
Posts: 176
Points: 920.00
Donate
Default

Congratulations! You lucky dog. lol.

It looks like I have another 9 years to go.
__________________
Please check out my articles at:
http://artwest.hubpages.com/
Reply With Quote
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



Powered by vBulletin®
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.0.0 RC6 © 2006, Crawlability, Inc.

Copyright © 2012 SavingAdvice.com. All Rights Reserved.