Quote:
Originally Posted by biggerboat
Work...
One one hand I really don't have much to complain about. My bosses treat me quite well and the work itself isn't all that difficult. But it is just constant headbangdesk work. I've been able to blow it off most of the time but occasionally it rises to a level of stupidity I can't ignore.
As I mentioned before, I got a sizeable check from Dad's life insurance policy. Before this happened, I had been working through scenarios on how to retire early. I've saved quite a bit in my 401ks and I "think" between those and this windfall I can make enough to get by.
I'm not eligible for social security yet. I can draw when I'm 62 (I'm almost 60 now) but at a reduced rate. My hope was that I could hold out until 66 to get a more robust payment but if I can swing it now I might go for 62. I also get a small pension from the state when I'm 65.
Until I draw those, I would either have to live on the income from the investments which is significantly less than what I make now. Or, draw income and withdraw principal which is scary. My other option is to take a part time job. I'm seriously considering this. 3 days a week would be a good compromise between full retirement and what I have now. However, any part time job would pay soooooo much less than what I make now, and it would be difficult to find a part time job that provides health insurance.
My plan right now is to work on a plan that makes me comfortable. I will most likely work until next March. My current 401k will be fully vested and March is when bonuses are paid.
I have a lot of decisions to make. I've worked hard towards retirement and now I'm sort of scared of it.
I'm growing increasingly annoyed with my job. I'm ready to move on.
Officially my plan is to retire in March, but I'm finding it harder and harder to go to work.
I've been researching health insurance and really it can be summed up in one word - UGH. Super duper expensive for someone like me. I only need it for about 5 years, but it really won't be practical for even this long.
Soooooo....... Started looking for part time jobs. Lowe's, Chase, and Whole Foods all have benefits for part timers. I could probably handle any of those. I worked in a grocery store for many years so I know the business, but I didn't care for it much. Chase would be fine but boring I think. Lowe's might be a good option. I used to almost live there it seemed when I was remodeling. I think it might be a decent fit for me.