Roll Call for the Retirement Class of 2018!

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NCPE
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Roll Call for the Retirement Class of 2018!

Post by NCPE » Sun Jul 02, 2017 7:24 am

I could not find a Class of 2018 post so I guess I am the first to officially hit the “R” button for 2018.

I have run the numbers through all the online calculators and thanks to the members of this forum I am ready to make the jump after 35 years with a megacorp that is in the process of being taken over by an even larger megacorp. :( Long term plans were to work a few more years but I came to the reality that “it’s just not fun anymore”.

Due to some on going long term projects I sent my notification letter to my manager declaring the end of May 2018 as my last date so they will have some time to find some one to replace me :shock: .

I will miss the people but not the work…..

Good luck for my fellow members of the Class of 2018.

NCPE
Last edited by NCPE on Sun Jul 02, 2017 7:41 am, edited 1 time in total.

dwickenh
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Re: Roll Call for the Retirement Class of 2018!

Post by dwickenh » Sun Jul 02, 2017 7:35 am

NCPE,

Congrats on the retirement date and enjoy. I retired for the same reasons- just not fun anymore at the megacorp.


Best wishes to you,

Dan
The market is the most efficient mechanism anywhere in the world for transferring wealth from impatient people to patient people.” | — Warren Buffett

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mrc
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Re: Roll Call for the Retirement Class of 2018!

Post by mrc » Sun Jul 02, 2017 12:57 pm

NCPE wrote: I will miss the people but not the work…..
Congratulations! Funny thing, I miss the work but not the people. Class of '17
A great challenge of life: Knowing enough to think you're doing it right, but not enough to know you're doing it wrong. — Neil deGrasse Tyson

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cfs
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Re: Roll Call for the Retirement Class of 2018!

Post by cfs » Sun Jul 02, 2017 2:58 pm

Thanks everyone.

The Roll Call for the Retirement Class of 2018 is now open. Now we have FIVE conversations on the "Retirement Series."

For anyone not on the list, time to get onboard. IF you missed the boat, just click on the applicable link and add your name to the list.

Link to Retirement Class of 2014

Link to Retirement Class of 2015

Link to Retirement Class of 2016

Link to Retirement Class of 2017

Good luck to the Retirement Class of 2018.

Thanks for reading.

p.s. Alumnus, Retirement Class of 2014
~ No Internet Interest ~

Miriam2
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Re: Roll Call for the Retirement Class of 2018!

Post by Miriam2 » Sun Jul 02, 2017 4:17 pm

cfs wrote:The Roll Call for the Retirement Class of 2018 is now open. Now we have FIVE conversations on the "Retirement Series." . . .
Good luck to the Retirement Class of 2018.
Thanks for reading.
p.s. Alumnus, Retirement Class of 2014
cfs!! You're back from another retirement adventure! All is well with the world :D :D

May we have a sitrep please 8-)

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Nicolas
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Re: Roll Call for the Retirement Class of 2018!

Post by Nicolas » Sun Jul 02, 2017 4:32 pm

mrc wrote:
NCPE wrote: I will miss the people but not the work…..
Congratulations! Funny thing, I miss the work but not the people. Class of '17
I miss neither the work nor the people. :| Class of '16.

Miriam2
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Re: Roll Call for the Retirement Class of 2018!

Post by Miriam2 » Sun Jul 02, 2017 5:51 pm

NCPE wrote:I could not find a Class of 2018 post so I guess I am the first to officially hit the “R” button for 2018.
Thank you NCPE for starting this very important roll call for the Class of 2018 :D :D

And congratulations on hitting the "R" button!
NCPE wrote:I have run the numbers through all the online calculators and thanks to the members of this forum I am ready to make the jump after 35 years with a megacorp that is in the process of being taken over by an even larger megacorp. :( . . . the reality that it's just not fun anymore .
. . I will miss the people but not the work . . .
The "sad" face, yes time to move on to the next phase. Who knows what tomorrow will bring. 35 years of good work and now time for a good retirement :happy

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Groundhog
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Re: Roll Call for the Retirement Class of 2018!

Post by Groundhog » Mon Jul 10, 2017 12:52 pm

Wow, I can’t believe I am writing this. 2008/2009 was a tough time for us with three major issues going on. We weathered all three and around 2014 I came up with a retirement date of 8/31/2018 which I am still on track for. I will be 56 at that time. Having a loved one with Alzheimer’s makes you realize time is precious, enjoy life while you can!

remomnyc
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Re: Roll Call for the Retirement Class of 2018!

Post by remomnyc » Wed Aug 02, 2017 1:43 pm

I was planning on joining the class of 2017, but medical issues have made me postpone to 2018. Will not miss the work or the people, but I will miss the fabulous health insurance.

dennisswal
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Re: Roll Call for the Retirement Class of 2018!

Post by dennisswal » Sat Aug 05, 2017 7:25 am

I will be a 2018 (September) retirement member also and can't express what impact being a bogle head has meant to me and how it's helped me achieve our goals for retirement. We are basing our decision on both being 65 and on Medicare. My wife is retired already, but I don't have the desire to pay COBRA for health insurance needs.

Miriam2
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Re: Roll Call for the Retirement Class of 2018!

Post by Miriam2 » Thu Aug 10, 2017 7:20 pm

Groundhog wrote:Wow, I can’t believe I am writing this. 2008/2009 was a tough time for us with three major issues going on. We weathered all three and around 2014 I came up with a retirement date of 8/31/2018 which I am still on track for. I will be 56 at that time.
Welcome to the class, Groundhog! You're planning ahead, one year away - it will be here before you know it! And cute groundhog :happy

Nice that you weathered your 2008/2009 storms. Those were some big storms. My Reserve Money Market Fund, which was frozen by the SEC in 2008 because it "broke the buck," just finally defrosted in full last year - meaning it took us 8 years to get back what was remaining in our "safe" money market fund :annoyed
Groundhog wrote:Having a loved one with Alzheimer’s makes you realize time is precious, enjoy life while you can!
Thank you for these poignant thoughts in the face of such difficulties.

Miriam2
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Re: Roll Call for the Retirement Class of 2018!

Post by Miriam2 » Thu Aug 10, 2017 7:50 pm

remomnyc wrote:I was planning on joining the class of 2017, but medical issues have made me postpone to 2018. Will not miss the work or the people, but I will miss the fabulous health insurance.
You're on the roster! Let us know the date. You'll "miss the fabulous health insurance" - you can say that again. Health insurance appears to be one of the key planning decisions, if not the most important.
dennisswal wrote:I will be a 2018 (September) retirement member also and can't express what impact being a bogle head has meant to me and how it's helped me achieve our goals for retirement. We are basing our decision on both being 65 and on Medicare. My wife is retired already, but I don't have the desire to pay COBRA for health insurance needs.
We're adding you to the Retirement Roll Call for 2018 - welcome!

Yes, the Bogleheads helped so many of us achieve our retirement goals. (Also learned how to use Costco Rotisserie Chicken 150 different ways, how to trap mice in the attic, and how to whiten my teeth :D

Emilyjane
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Re: Roll Call for the Retirement Class of 2018!

Post by Emilyjane » Thu Aug 10, 2017 9:06 pm

Thanks for starting the thread.

I am retiring January 2018. I will be 61, my husband has just retired, and he will be eligible for Medicare. I had some second thoughts due to the recent uncertainty about the individual health insurance market, but decided to go for it. A bit hard to lose employer provided health care.

We look forward to travel to National Parks in our camper van, with no deadline for returning home, more time for cross country skiing, gardening and reading all the books I didn't have time for when working.

Deep gratitude to all the Bogleheads who contributed to my financial education.
"Real knowledge is to know the extent of one's ignorance", Confucius

MichDad
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Re: Roll Call for the Retirement Class of 2018!

Post by MichDad » Fri Aug 11, 2017 6:16 am

My wife is already retired. I'm targeting April 30, 2018 as my retirement date. I might move it up if I'm offered cash to leave earlier. I doubt I'd move it back. I'd like to contribute the maximum $24,000 to my Roth TSP account plus $13,000 to our Roth IRAs before I retire. If those limits are increased for 2018, I'd like to reach those limits.

My countdown calendar app tells me I'm 261 days away. I'll be 62 when I retire. I can't wait to start spending the money I've been socking away for this purpose since 1987. If I don't pay it off early, our home mortgage balance (our only debt) will be about $22,000 when I retire. Because the interest rate is only 2.49%, my inclination is to pay the mortgage off according to the amortization schedule, which will retire that debt at the end of my first year of retirement.

MichDad

retirementbound
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Re: Roll Call for the Retirement Class of 2018!

Post by retirementbound » Fri Aug 11, 2017 4:59 pm

I may be an imposter retiree. I will be retiring from the military effective October 1, 2018. They beauty of it is that with the amount of vacation time I have saved I will start transitioning the beginning of July and stop working by the middle of July.

Although I know this is a certainty I am not sure what the future holds regarding starting a second "career". I will retiring in a place where there are no corporate jobs, contracting/government make up the majority of jobs. My wife will either retire from the military October 1, 2019 or have three more years, we should know by October if she gets promoted.

Either way I think I will take the time off until her retirement to be a stay at home dad, maybe substitute teach if I am bored.

Good luck to everyone!

Longdog
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Re: Roll Call for the Retirement Class of 2018!

Post by Longdog » Sun Aug 13, 2017 1:11 pm

I am targeting June 2018 at age 53. I have already exceeded my number, having accumulated much more than I ever imagined I could, mostly, I believe, by LWBYM (LBYM with an exclamatory "way" thrown in). Disregarding tax liabilities, charity, and health insurance - an important consideration causing me to have extreme interest in the outcome of the healthcare debate in congress - I have accumulated about 100x my annual expenses, so I could significantly increase my lifestyle and be just fine, though I really don't feel deprived. In recent years I've spent about 15-20% of my gross income on "living", about 30% on taxes and about 50% towards saving and investing. I've maxed out my 401k for over 20 years, and invested plenty in taxable accounts and, since 2010, Roth IRAs as well. I'm pretty certain people at the MegaCo where I work would be shocked to learn my net worth, and more and more, as my dissatisfaction and frustrations at work mount, I question how much longer I can tolerate it. I'm trying to ride it out until the next bonus payout and stock option vesting, but if I got laid off before then I'm sure I'd be fine. In fact, once the bonus and vesting occur I will likely have "the talk" with my boss, offering myself up to be laid off, should the opportunity arise. If it doesn't happen within a couple of months afterwards, then I will resign and retire around the time of my 53rd birthday, making sure to have maxed out my final year's 401k contribution. I'm tired of working. :happy
Steve

multiham
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Re: Roll Call for the Retirement Class of 2018!

Post by multiham » Sun Aug 13, 2017 6:50 pm

Longdog wrote:
Sun Aug 13, 2017 1:11 pm
I am targeting June 2018 at age 53. I have already exceeded my number, having accumulated much more than I ever imagined I could, mostly, I believe, by LWBYM (LBYM with an exclamatory "way" thrown in). Disregarding tax liabilities, charity, and health insurance - an important consideration causing me to have extreme interest in the outcome of the healthcare debate in congress - I have accumulated about 100x my annual expenses, so I could significantly increase my lifestyle and be just fine, though I really don't feel deprived. In recent years I've spent about 15-20% of my gross income on "living", about 30% on taxes and about 50% towards saving and investing. I've maxed out my 401k for over 20 years, and invested plenty in taxable accounts and, since 2010, Roth IRAs as well. I'm pretty certain people at the MegaCo where I work would be shocked to learn my net worth, and more and more, as my dissatisfaction and frustrations at work mount, I question how much longer I can tolerate it. I'm trying to ride it out until the next bonus payout and stock option vesting, but if I got laid off before then I'm sure I'd be fine. In fact, once the bonus and vesting occur I will likely have "the talk" with my boss, offering myself up to be laid off, should the opportunity arise. If it doesn't happen within a couple of months afterwards, then I will resign and retire around the time of my 53rd birthday, making sure to have maxed out my final year's 401k contribution. I'm tired of working. :happy
Congratulations! I'm extremely envious of your situation. Almost everything you noted, the age, general location, working for mega-corp, and tired of working describe me perfectly. I have 22X spending saved but do have a pension. I'm leaning towards holding on if possible to age 55. Great job saving and I hope when I read these posts a year from now, your name will be on the "officially retired" list!

Miriam2
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Re: Roll Call for the Retirement Class of 2018!

Post by Miriam2 » Tue Aug 15, 2017 3:46 pm

Emilyjane wrote:
Thu Aug 10, 2017 9:06 pm
I am retiring January 2018. . . . We look forward to travel to National Parks in our camper van, with no deadline for returning home, more time for cross country skiing, gardening and reading all the books I didn't have time for when working.
You'll probably be one of our first retirees for this Very Prestigious Retirement Roll Call Class of 2018 :D

Enjoy your travel to the National Parks in your camper van - with NO deadline for returning home!! What a feeling of freedom :D
"Afoot and light-hearted I take to the open road,
Healthy, free, the world before me,
The long brown path before me leading wherever I choose.

Henceforth I ask not good-fortune, I myself am good-fortune,
Henceforth I whimper no more, postpone no more, need nothing,
Done with indoor complaints, libraries, querulous criticisms,
Strong and content I travel the open road."
"The Song of the Open Road," by Walt Whitman, 1856.

Miriam2
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Re: Roll Call for the Retirement Class of 2018!

Post by Miriam2 » Tue Aug 15, 2017 3:58 pm

MichDad wrote:
Fri Aug 11, 2017 6:16 am
My wife is already retired. I'm targeting April 30, 2018 as my retirement date. I might move it up if I'm offered cash to leave earlier. I doubt I'd move it back. I'd like to contribute the maximum $24,000 to my Roth TSP account plus $13,000 to our Roth IRAs before I retire. If those limits are increased for 2018, I'd like to reach those limits.
Welcome to the Roll Call! Make them pay you A LOT of cash - you're worth it :D I'm like you - don't hit the "R" button until every last penny is stuffed into those retirement accounts.
MichDad wrote:My countdown calendar app tells me I'm 261 days away. I'll be 62 when I retire. I can't wait to start spending the money I've been socking away for this purpose since 1987.
The CountDown Calendar!!

But wait - what are you going to spend all that money on ?? :mrgreen:

federal dinosaur
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Re: Roll Call for the Retirement Class of 2018!

Post by federal dinosaur » Tue Aug 15, 2017 8:09 pm

Add my name to this roll call. My current planning is to retire at the ripe old age of 62 in the August 2018 time frame. I am a fed gov't employee & FERS is my retirement system. I have steadily contributed to the TSP during the entirety of my federal career.

MichDad
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Re: Roll Call for the Retirement Class of 2018!

Post by MichDad » Wed Aug 16, 2017 2:10 am

Miriam2 wrote:
Tue Aug 15, 2017 3:58 pm
MichDad wrote:My countdown calendar app tells me I'm 261 days away. I'll be 62 when I retire. I can't wait to start spending the money I've been socking away for this purpose since 1987.
The CountDown Calendar!!

But wait - what are you going to spend all that money on ?? :mrgreen:
We're planning lots of international travel for the first few years, health permitting. Only 257 days away.

MichDad

Miriam2
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Re: Roll Call for the Retirement Class of 2018!

Post by Miriam2 » Thu Aug 17, 2017 10:08 pm

retirementbound wrote: I may be an imposter retiree. I will be retiring from the military effective October 1, 2018. They beauty of it is that with the amount of vacation time I have saved I will start transitioning the beginning of July and stop working by the middle of July.

Although I know this is a certainty I am not sure what the future holds regarding starting a second "career". I will retiring in a place where there are no corporate jobs, contracting/government make up the majority of jobs. My wife will either retire from the military October 1, 2019 or have three more years, we should know by October if she gets promoted.

Either way I think I will take the time off until her retirement to be a stay at home dad, maybe substitute teach if I am bored.

Good luck to everyone!
"Retiring from the military" qualifies as retirement - you're no imposter retiree 8-)

We truly appreciate your long service to our country. :D But it will be nice to start your second "career."

Going to be "a stay at home dad and maybe substitute teach if you're bored"?? - hmm, nooo - we don't think you'll be bored.

You're going to be grocery shopping, cooking food, washing dishes, doing laundry, driving car pool, shuttling kids from here to there and back again, dog to vet, errands to post office, Target, Home Depot, Office Depot, water the garden, sweep the patio, dang who spilled spaghetti on the sofa, homework homework homework, and this is just the beginning!!! Why, you might just re-enlist! :mrgreen:

However, If you ever get lonely for the good old army days, the Boglehead forum provides this help for our military retirees - just turn up your speakers and click HERE

:D :D

andyhere
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Re: Roll Call for the Retirement Class of 2018!

Post by andyhere » Sun Oct 08, 2017 8:10 am

12/31/17 will be my last day on the payroll. I'm 63 and my wife is 64. We'll stay on COBRA for a bit. I'll then study up on Medicare and slipstream into the reality of healthcare when not on a corporate plan. Not setting an alarm clock, recreational cycling, some golf, mentoring young start-ups and getting to know my new community will be some of the things I'm looking forward to.

WestUniversity
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Re: Roll Call for the Retirement Class of 2018!

Post by WestUniversity » Wed Oct 11, 2017 5:36 am

Groundhog wrote:
Mon Jul 10, 2017 12:52 pm
Wow, I can’t believe I am writing this. 2008/2009 was a tough time for us with three major issues going on. We weathered all three and around 2014 I came up with a retirement date of 8/31/2018 which I am still on track for. I will be 56 at that time. Having a loved one with Alzheimer’s makes you realize time is precious, enjoy life while you can!
My mother had Alzheimers. I would not wish that on my worst enemy...

WestUniversity
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Re: Roll Call for the Retirement Class of 2018!

Post by WestUniversity » Wed Oct 11, 2017 5:55 am

I have been planning on 2018 myself, nothing official yet, however. I have worked for MegaCorp for a very long time. As so many other posters have said, I love most of the people. The work I no longer have a passion for as the stress of the last several years has squashed the ability to care deeply right out of me. There are good days but they are fewer and farther between. I have run the numbers multiple times with my InvestCo, my own spreadsheet, and other Monte Carlo simulations on the web. DW and I have LWBYM for many years. I feel like OMY is still tugging on me, but at what price for my sanity. We'll see what happens in the next 10-15 months. Most likely I would do something else less stressful, elsewhere. Have to say however, thinking about a future without w*rk does put a smile on my face :mrgreen:

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NCPE
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Re: Roll Call for the Retirement Class of 2018!

Post by NCPE » Thu Oct 12, 2017 5:43 pm

I has been 3 months since I officially hit the “R” button and notified my management I will be checking out in 2018 and the stress level in my life due to work has drastically dropped.

I had my annual physical this week and my blood pressure is the lowest it has been in many, many years. :D

Good luck to all the current (and future) Class of 2018 retirees.

NCPE

WestUniversity
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Re: Roll Call for the Retirement Class of 2018!

Post by WestUniversity » Sun Oct 15, 2017 5:34 am

NCPE wrote:
Thu Oct 12, 2017 5:43 pm
I has been 3 months since I officially hit the “R” button and notified my management I will be checking out in 2018 and the stress level in my life due to work has drastically dropped.

I had my annual physical this week and my blood pressure is the lowest it has been in many, many years. :D

Good luck to all the current (and future) Class of 2018 retirees.

NCPE
Congratulations! I will most likely make my own announcement in 8-10 months. Have started documenting all I do in anticipation of my departure. It feels more real everyday... :D

GerryL
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Re: Roll Call for the Retirement Class of 2018!

Post by GerryL » Mon Oct 16, 2017 2:48 am

Congratulations to all of the incoming class. Or is that outgoing? Anyway.

Something to think about when deciding on your exact retirement date, especially if you are not yet Medicare eligible: Consider whether you would be better off picking a date at the beginning of the month so that your employer-provided healthcare insurance will continue through your first month in retirement. Not all employment situations will allow that, but if yours does, make sure you're getting the best deal.

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