Retired at 63.5 with a package from employer that paid me fro 34 additional weeks. After that was living on savings till I reached 65 (Nov of last year) when 2 pensions kicked in. Will collect SS this year at 66 in Nov. Hobbies are umpiring baseball (Varsity HS and some College Club ball and officiating Football) and haven't looked back.
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Retired/left 50 with no retirement, but enough money in the bank.
Type A and got bored, so after 8 months bought a franchise and ran the business for 5 years. Cost of insurance was an issue, so I needed to go back to work to pay for insurance. I found an opportunity with a family owned business to make enough money to pay for the insurance premiums and I worked till I turned 65.
Retired now with SS and love it!
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I am 54 and I will be retiring in August 2019 at 57 years old. I will have 33 years teaching in and 21 of those as a coach, all at the same high school. I could have retired 3 years ago, but I am going until I can get my lump sum pay out. It is definitely time. It isn't what it used to be, that's for sure. Might have to find some odd job to pay for my hunting and golfing but I might be able to swing it without the job. We will see.
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Originally posted by Chew View PostI plan on being 51 or 52 if things work out well. I will continue to work part time or volunteer but I've had all of my current job and all of Harris County that I can stand.
Chew, you remind me of my dad the last few years he was with HFD. It was a chore for him to go to work and he seems to take more time off than ever before. He has had in his words a belly full of the politics associated with his job and mentally was fatigued.
He was lucky enough to retire a few weeks before his 51 birthday with 30 years of service.
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I retired 2003 from the city PD at age 55 and had 31 years, 5 months in. Took a partial lump sum and paid off the mortgage and chose to have my retirement reduced to 2/3s upon my death. Wife worked another 6 before retiring from A&M. Me being added to her insurance before then was the best economical way in the long term (post retirement), when we were eligible for Medicare, we jumped on that wagon. We aren't wealthy by any stretch, but are "comfortable." I'm 68 now (one of the GOFs). We lived from paycheck to paycheck, but if I could do it over, I'd sock some extra back somehow. Upon retirement, I got an opportunity for a part time gig that lasted 5-6 years and was able to put some of that back and get some upgrades done to the house without any loans.
Like Chew, I hated where I was and stress was eating me up. The internal BS and being a paper shuffler was not my idea. It was fun when I was on the street, but the internal crap almost got me.
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54 and not even thinking about it. I guess financially, we could afford it but, I am having too much fun growing a new business. My wife enjoys her job and I enjoy mine so I guess we keep on going. I suppose at some point my company will either sell or go public and that would be a good time to get out; maybe a year, maybe 5.
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