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Thread: Anyone planning on retirement this year.

  1. #11
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    been retired for almost 6 years with minimal regret. Never bored. i think only boring people are bored in retirement. Also, being well funded in retirement has made it more fun for us but this is not necessary. As long as you have a reasonable income level there are tons of great ways to use your time. It took me a while to adjust to my new life though and depending on the job you had, may be a concern for some.


  2. #12
    Senior Member Spidey's Avatar
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    Quote Originally Posted by Square Root View Post
    been retired for almost 6 years with minimal regret. Never bored. i think only boring people are bored in retirement. Also, being well funded in retirement has made it more fun for us but this is not necessary. As long as you have a reasonable income level there are tons of great ways to use your time. It took me a while to adjust to my new life though and depending on the job you had, may be a concern for some.
    I admit that I'm getting bored. (And I don't take insult at the "boring people" comment - It may be true.) I have a fair amount of activities I'm involved in - I'm a volunteer with a couple of worthwhile organizations, I kayak, cycle, ski, study French, and I'm starting to study Spanish. But my wife and everyone in my social group is still working. I can't quite put my finger on it, but there seems to be something about paid work that is very fulfilling. I took quite a low-level, temporary job for a couple of weeks and it actually felt quite good to get back into that groove again. There was even something extremely satisfying about seeing that little bit of money show up in my bank account, even though my portfolio often rises or falls by several times that amount on a daily basis.

  3. #13
    Senior Member Barwelle's Avatar
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    Quote Originally Posted by rikk View Post
    One time payments include 501 hours of unused vacation,
    501 hours of unused vacation??

    That's twelve-and-a-half weeks of vacay that you didn't use. How nice that they let you collect, then paid you out at the end! (My current employer's policy is that vacation time expires after 15 months... not sure if they would pay us for it though.)

    Congratulations, by the way. Enjoy the freedom!

  4. #14
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    Quote Originally Posted by Barwelle View Post
    501 hours of unused vacation??

    That's twelve-and-a-half weeks of vacay that you didn't use. How nice that they let you collect, then paid you out at the end! (My current employer's policy is that vacation time expires after 15 months... not sure if they would pay us for it though.)

    Congratulations, by the way. Enjoy the freedom!
    Thanks ... fwiw, the agreement was could carry over 35 days/yr which I've been doing, plus there was a 37.5 hrs to use whenever, and I hadn't used any of this years 30 days yet ... I chose leave now and take the $$s versus stay on and use up the hours. So you might want to look into whether you'd be paid or not.
    Last edited by rikk; 2012-05-29 at 04:54 PM.

  5. #15
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    @Spidey. Sounds like you have lots to do. maybe what you describe isn't boredom but simply missing the work environement? maybe you retired too early? Anyway good luck, good to have the choice.

  6. #16
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    Quote Originally Posted by Barwelle View Post

    [ ... ]

    (My current employer's policy is that vacation time expires after 15 months... not sure if they would pay us for it though.)

    Congratulations, by the way. Enjoy the freedom!
    Most of my employers have either allowed a maximum carryover into the next year of 5 days. Anything over is paid out as cash.

    If you swear you are taking a big trip like going to France or Australia, they will on a case-by-case basis consider if they are willing to temporarily grant 10 days. They do monitor if you actually use the full vacation in the carry-over year.


    +1 on the Congratulations to the retiree!


    Cheers

  7. #17
    Senior Member uptoolate's Avatar
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    30 April 2014.
    Success is getting what you want. Happiness is wanting what you get. DC

  8. #18
    Senior Member Financial Cents's Avatar
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    I've got years of work to go unfortunately. I like working, don't get me wrong, but I like working on my terms not someone else's. Maybe someday. Kudos to everyone recently retired or planning on retiring soon. Great stuff and enjoy
    My Own Advisor Saving and investing my way to financial freedom.

  9. #19
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    25 months 28 days and 6+ hours, but who's counting?

  10. #20
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    Based on the growth of our household net worth I should be able to retire around 53-55 years old but with teenage daughters in the house at that time I might push it off until they head away to University!!! Either that or have a great man-cave with a lock on the door to be able to escape the wrath of living with a menopausal wife and two raging hormone teen girls. Even now I usually have a painted toenail or two and spend more time playing dress up, tea party and dolls than any man should!!


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