Roll Call for the Retirement Class of 2021!

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Morgan22
Posts: 60
Joined: Thu Oct 29, 2015 12:30 pm

Re: Roll Call for the Retirement Class of 2021!

Post by Morgan22 »

Possibly July 2021 for me. Originally planned to retire in the year I turned 55 so I would be able to use the "rule of 55" to pull from 401(k) penalty free. Changed jobs 2 years ago and not enjoying the new job. Now thinking of stopping work at 49 and using a 72(t) to pull funds from a roll-over IRA penalty free. Unfortunately interest rates are so low I may not be able to pull as much as I planned on spending. I need to investigate other withdrawal/spending options. For instance, using up my limited taxable funds while implementing a Roth conversion ladder. Still doing research on withdrawal methods. I may have to ask questions here to get a better understanding.
MathIsMyWayr
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Location: CA

Re: Roll Call for the Retirement Class of 2021!

Post by MathIsMyWayr »

radiowave wrote: Mon Aug 10, 2020 11:08 am I considered an early retirement package for this summer, but decided to do one more year (OMY). Been a health care professional for 40 years and felt I wanted to just finish a few things and enjoy the upcoming year.
An early retirement ... professional for 40 years!
How to qualify for a late retirement? After 60 years of professional work?
radiowave
Posts: 2444
Joined: Thu Apr 30, 2015 5:01 pm

Re: Roll Call for the Retirement Class of 2021!

Post by radiowave »

MathIsMyWayr wrote: Sun Aug 23, 2020 9:00 pm
radiowave wrote: Mon Aug 10, 2020 11:08 am I considered an early retirement package for this summer, but decided to do one more year (OMY). Been a health care professional for 40 years and felt I wanted to just finish a few things and enjoy the upcoming year.
An early retirement ... professional for 40 years!
How to qualify for a late retirement? After 60 years of professional work?
Well I'm about 2 years to full retirement age. Health care will be covered mid year 2021 to cross the finish line. Major consideration is spouse who is 2 years younger. I love what I'm doing, enjoy working with students (academic position), want to finish strong this coming year. So the question remains, if you have one years left to retirement, in a good/safe job, what would you want to accomplish?
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Topic Author
Miriam2
Posts: 3155
Joined: Fri Nov 14, 2014 11:51 am

Re: Roll Call for the Retirement Class of 2021!

Post by Miriam2 »

Morgan22 wrote: Possibly July 2021 for me.
Hi Morgan22! We'll pencil you in and please let us know if you need re-booting 8-)
Morgan22 wrote: Originally planned to retire in the year I turned 55 so I would be able to use the "rule of 55" to pull from 401(k) penalty free. Changed jobs 2 years ago and not enjoying the new job. Now thinking of stopping work at 49 and using a 72(t) to pull funds from a roll-over IRA penalty free. Unfortunately interest rates are so low I may not be able to pull as much as I planned on spending. I need to investigate other withdrawal/spending options. For instance, using up my limited taxable funds while implementing a Roth conversion ladder. Still doing research on withdrawal methods. I may have to ask questions here to get a better understanding.
Good idea, post the Q on the main forum. Bogleheads love to discuss these topics.
John Bogle, "The Twelve Pillars of [Financial] Wisdom" - Pillar 4: Nothing Ventured, Nothing Gained. Eschewing the risk of stocks, therefore, carries a risk of its own.
Topic Author
Miriam2
Posts: 3155
Joined: Fri Nov 14, 2014 11:51 am

Re: Roll Call for the Retirement Class of 2021!

Post by Miriam2 »

radiowave wrote: Well I'm about 2 years to full retirement age. Health care will be covered mid year 2021 to cross the finish line. Major consideration is spouse who is 2 years younger. I love what I'm doing, enjoy working with students (academic position), want to finish strong this coming year. So the question remains, if you have one year left to retirement, in a good/safe job, what would you want to accomplish?
Oooh, now we're getting philosophical 8-)

"We are the music makers and we are the dreamers of the dreams . . . So shines a good deed in a weary world."
-- Willie Wonka
John Bogle, "The Twelve Pillars of [Financial] Wisdom" - Pillar 4: Nothing Ventured, Nothing Gained. Eschewing the risk of stocks, therefore, carries a risk of its own.
radiowave
Posts: 2444
Joined: Thu Apr 30, 2015 5:01 pm

Re: Roll Call for the Retirement Class of 2021!

Post by radiowave »

Miriam2 wrote: Mon Aug 24, 2020 8:44 pm
radiowave wrote: Well I'm about 2 years to full retirement age. Health care will be covered mid year 2021 to cross the finish line. Major consideration is spouse who is 2 years younger. I love what I'm doing, enjoy working with students (academic position), want to finish strong this coming year. So the question remains, if you have one year left to retirement, in a good/safe job, what would you want to accomplish?
Oooh, now we're getting philosophical 8-)

"We are the music makers and we are the dreamers of the dreams . . . So shines a good deed in a weary world."
-- Willie Wonka
Perhaps :)
Just want to finish strong this coming year and when I ride off into the sunset next summer, don't want to look over my shoulder with any regrets.
Bogleheads Wiki: https://www.bogleheads.org/wiki/Main_Page
Topic Author
Miriam2
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Joined: Fri Nov 14, 2014 11:51 am

Re: Roll Call for the Retirement Class of 2021!

Post by Miriam2 »

Here is the updated Roll Call for the upcoming Retirement Class of 2021 :D

Let me know if you wish to be added to this highly acclaimed Roll Call.

02 Jan - bliksem55 (59)

02 Apr - Barcelonasteve (54)
__ Apr - corn18 (55)
__ Apr - bluesky50 (55)

01 May - reddison (62)
31 May - Swee'pea (62)

11 Jun - trueson1 (65)

01 Jul - KESP (64)
__ Jul - The Outsider (64)
__ Jul - Morgan22
__ Jul - cdc (60)
__ Jul/Aug - radiowave

20 Sep - goblue100

__ Oct - MDfan (60)

__ ___ - beyou

:sharebeer
John Bogle, "The Twelve Pillars of [Financial] Wisdom" - Pillar 4: Nothing Ventured, Nothing Gained. Eschewing the risk of stocks, therefore, carries a risk of its own.
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Shackleton
Posts: 470
Joined: Mon Dec 29, 2014 6:20 pm

Re: Roll Call for the Retirement Class of 2021!

Post by Shackleton »

I told my boss I’ll be retiring soon due to an inheritance. Her request was that I find and train my replacement. I’m hoping I can get that done by the end of January 2021 if not sooner. But it might take until March 2021. I’ll be 54 years old. I’m feeling more relaxed already!
“Superhuman effort isn't worth a damn unless it achieves results.” ~Ernest Shackleton
Dad3Boys
Posts: 4
Joined: Sun Feb 08, 2009 7:47 pm

Re: Roll Call for the Retirement Class of 2021!

Post by Dad3Boys »

I’ll be looking to join this class, either 3/2021 or 4/2021, age 62.

Normally I’d say that I’m tired of the early mornings and late evenings, tired of the cold weather, tired of the micromanagement, tired of thinking that I can do my boss’ job with half my brain tied behind my back.

But I’m going into this with a positive attitude. So......I’m looking forward to the next phase of life, looking forward to spending time with my wife, eager to visit our 5 kids who are spread out all over the country, anticipating my hobbies of biking and sailing and photography. We luckily finally have the finances to do it, a small pension, a family trust payment and some good investments.

Florida, here we come!!!
Topic Author
Miriam2
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Joined: Fri Nov 14, 2014 11:51 am

Re: Roll Call for the Retirement Class of 2021!

Post by Miriam2 »

Shackleton wrote: I told my boss I’ll be retiring soon due to an inheritance. Her request was that I find and train my replacement. I’m hoping I can get that done by the end of January 2021 if not sooner. But it might take until March 2021. I’ll be 54 years old. I’m feeling more relaxed already!
Hi Shackleton and a big welcome to this 2021 Retirement Class :D

But, no way can you find and train your replacement by January 2021, or March 2021, or anytime - you're completely irreplaceable :beer

But they'll figure it out 'cause you're on the Retirement Countdown, well-deserved and already feeling relaxed!

Keep this in prominent view on your desk so your boss doesn't get any change of ideas 8-)

Image
John Bogle, "The Twelve Pillars of [Financial] Wisdom" - Pillar 4: Nothing Ventured, Nothing Gained. Eschewing the risk of stocks, therefore, carries a risk of its own.
maineminder
Posts: 79
Joined: Sat Sep 24, 2011 9:48 am

Re: Roll Call for the Retirement Class of 2021!

Post by maineminder »

The last day of my software engineering career will be at the latest 7/28/2021. It was a great ride being in an technology industry that has changed so much over my 38 year career, but I'm tired :-) and ready to move on!

I'll be 62.
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Miriam2
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Joined: Fri Nov 14, 2014 11:51 am

Re: Roll Call for the Retirement Class of 2021!

Post by Miriam2 »

Dad3Boys wrote: I’ll be looking to join this class, either 3/2021 or 4/2021, age 62.

Normally I’d say that I’m tired of the early mornings and late evenings, tired of the cold weather, tired of the micromanagement, tired of thinking that I can do my boss’ job with half my brain tied behind my back.
Ready to PUNCH OUT and come over to the sunny side of the street 8-) Your f-r-e-e-e days are coming faster than you think - before you know it, you'll need to get all your retirement papers in order, say your good-byes and well-wishes, plan your escape route and move out into the big wide world.
Dad3Boys wrote:But I’m going into this with a positive attitude. So......I’m looking forward to the next phase of life, looking forward to spending time with my wife, eager to visit our 5 kids who are spread out all over the country, anticipating my hobbies of biking and sailing and photography. We luckily finally have the finances to do it, a small pension, a family trust payment and some good investments.
Great attitude and great plans! What, 5 kids? All over the country? They probably have plans for you :D
Dad3Boys wrote:and sailing . . . Florida, here we come!!!
Now, wait - are you sure? Boats in Florida?

The Bogleheads provide, as part of the investment education of owning what is simply a hole in the water into which we pour money, we point out the following Florida risk - which you need to assess your ability, need, and willingness to take this risk ==>>

"Giant Burmese Python Found on Bridge of Boat in Coral Gables" - the snake was lounging on the boat and the owners "wanted it gone" :shock:

https://www.youtube.com/watch?v=UNicToy ... pp=desktop

:wink:
John Bogle, "The Twelve Pillars of [Financial] Wisdom" - Pillar 4: Nothing Ventured, Nothing Gained. Eschewing the risk of stocks, therefore, carries a risk of its own.
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Miriam2
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Re: Roll Call for the Retirement Class of 2021!

Post by Miriam2 »

maineminder wrote: The last day of my software engineering career will be at the latest 7/28/2021. It was a great ride being in an technology industry that has changed so much over my 38 year career, but I'm tired :-) and ready to move on!

I'll be 62.
Thank you, maineminder, for checking in with this Highly Acclaimed 5-Star-Rated Retirement Roll Call - you made it to the class!

Wow - 38 years as a software engineer is an awesome accomplishment! As you say - "a great ride being in a technology industry that has change so much" - must be both fascinating and nostalgic.

I'm so old I remember punch cards :mrgreen: Were you one of those geeky guys walking around campus with your stacks of punch cards? :D

We wish you an enjoyable countdown to retirement, a successful PUNCH OUT, and many terrific years of a wonderful retirement!
John Bogle, "The Twelve Pillars of [Financial] Wisdom" - Pillar 4: Nothing Ventured, Nothing Gained. Eschewing the risk of stocks, therefore, carries a risk of its own.
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beyou
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Location: Northeastern US

Re: Roll Call for the Retirement Class of 2021!

Post by beyou »

I saw the old punchcard machines gathering dust in a basement at my college campus, and saw stacks of punchcards my dad had in his business in a home office.

Fortunately I was able to avoid using punchcards myself and am nearing the end of my 36-37 year long career as well. My 3rd gen sw eng child starting his sw career has no idea and never saw them, lucky him.
radiowave
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Joined: Thu Apr 30, 2015 5:01 pm

Re: Roll Call for the Retirement Class of 2021!

Post by radiowave »

Just checking in and letting everyone know still on track for next summer full retirement. Trying to navigate all the Medicare stuff, but should get that figured out soon. interesting how post retirement plans have changed d/t pandemic. We were all set to do some international travel. Now it's getting a small trailer (casita or scamp) and traveling out west to see our beautiful country.

BTW I remember in high school we had a PDP8 and did our programs on dumb terminals and saved them on punched tape. Yes it's time to retire :)
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Miriam2
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Re: Roll Call for the Retirement Class of 2021!

Post by Miriam2 »

beyou wrote: Fri Nov 06, 2020 10:45 pm I saw the old punchcard machines gathering dust in a basement at my college campus, and saw stacks of punchcards my dad had in his business in a home office.

Fortunately I was able to avoid using punchcards myself and am nearing the end of my 36-37 year long career as well. My 3rd gen sw eng child starting his sw career has no idea and never saw them, lucky him.
You can show him these :wink:

Image


Here's a stack of punch cards, looks just like what I had to carry around when I tried to pretend I knew what I was doing :mrgreen: I would take them to "the computer center," which was in a small building, and I'd stand in line with students who DID know what they were doing 8-) while a woman would take the stack and load them into "the computer," which I recall looking sort of like a very long copy machine taking up half the classroom, perhaps 5 ft high, and making lots of noise. Out would come a big piece of paper, which I could never figure out :D
John Bogle, "The Twelve Pillars of [Financial] Wisdom" - Pillar 4: Nothing Ventured, Nothing Gained. Eschewing the risk of stocks, therefore, carries a risk of its own.
gamboolman
Posts: 138
Joined: Mon Feb 17, 2014 7:32 am

Re: Roll Call for the Retirement Class of 2021!

Post by gamboolman »

Confirmed effective retirement date will be 1-Feb-21.
Megaoil Corp offered a small incentive package for retirement eligible folks - and it was a no brainer for me :moneybag

At age 61 it is not a real early retirement but it beats working any longer....

43 year in the oilpatch....seems like a blink of the eye ago I was Roughnecking on Odeco 7 in the Gulf of Mexico.....and all I could think about was going on days off so I could chase ms gamboolgal around......

Now I'm not going to be hampered by the job taking away time from my favorite thing to do - I'll be able to devote full-time to chasing ms gamboolgal around the ole 4 poster buck neckid....

Lifes A Dance And You Learn As You Go.....

gamboolman...
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Miriam2
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Re: Roll Call for the Retirement Class of 2021!

Post by Miriam2 »

gamboolman wrote: Confirmed effective retirement date will be 1-Feb-21.
Megaoil Corp offered a small incentive package for retirement eligible folks - and it was a no brainer for me :moneybag

At age 61 it is not a real early retirement but it beats working any longer....

43 year in the oilpatch....seems like a blink of the eye ago I was Roughnecking on Odeco 7 in the Gulf of Mexico.....and all I could think about was going on days off so I could chase ms gamboolgal around......
Congratulations gamboolman and welcome to this really slick retirement class! You're on the list :beer

After 43 years in the oilpatch, you certainly deserve your retirement freedom. And when you have the free time - LOL - we'd like to know what it was like "Roughnecking on Odeco 7 in the Gulf of Mexico" 8-)

Best wishes for a wonderful retirement, full of adventure with ms gamboolgal :D
John Bogle, "The Twelve Pillars of [Financial] Wisdom" - Pillar 4: Nothing Ventured, Nothing Gained. Eschewing the risk of stocks, therefore, carries a risk of its own.
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