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-   -   Retirement (https://www.corvette7.com/forums/showthread.php?t=541745)

batman53201 11-03-2018 05:50 AM

Retirement
 
getting close to retirement. 57 days left and only around 25 more work days. Cant wait. I will have 37 years in, including 4 years military time. Best job ever. Where else do they pay you a social security supplement until you reach 62?

2SSRedline 11-03-2018 06:38 AM

Retired at the end of July after 40 years and 6 days. Bought my '18 2SS the next day.

Overflow 11-03-2018 06:46 AM

I have 16 years left of military service left until I retire! :lol:

But seriously, congrats! :hail:

batman53201 11-03-2018 08:07 AM

Quote:

Originally Posted by 2SSRedline (Post 10353617)
Retired at the end of July after 40 years and 6 days. Bought my '18 2SS the next day.

nice retirement present. I'm trying to get my mom to take a trip to Italy with me for my retirement present to myself

Quote:

Originally Posted by Overflow (Post 10353619)
I have 16 years left of military service left until I retire! :lol:

But seriously, congrats! :hail:


thank you, and thank you for your service

Sir Nuke 11-03-2018 08:45 AM

Quote:

Originally Posted by batman53201 (Post 10353607)
getting close to retirement. 57 days left and only around 25 more work days. Cant wait. I will have 37 years in, including 4 years military time. Best job ever. Where else do they pay you a social security supplement until you reach 62?

congrats!!! I will be close behind. at this very moment, I have 1 year, 29 days, 6 hours, 20 minutes left. on my retirement day, I will have completed 37 years and 5 months there and 6 years of service in the Navy. I can't wait!!!

batman53201 11-03-2018 09:53 AM

Quote:

Originally Posted by Sir Nuke (Post 10353670)
congrats!!! I will be close behind. at this very moment, I have 1 year, 29 days, 6 hours, 20 minutes left. on my retirement day, I will have completed 37 years and 5 months there and 6 years of service in the Navy. I can't wait!!!


nice. :headbang:hopefully that time flies by for you.

ssrs2lt 11-03-2018 02:25 PM

Congrats that's excellent!!

RubyCamaro 11-07-2018 09:50 PM

Congrats & thank you for your service. I am not former military but retired last May & loving it! Enjoy.

CamaroIOM12 11-08-2018 05:37 AM

Congratulations!!!!!!!!!!

batman53201 11-08-2018 08:20 AM

thanks everyone

chef-beavis 11-08-2018 10:17 PM

Thank you ALL!

Smokin19 11-09-2018 06:28 AM

Congrats on your retirement. I have been retired for over 10 years and it's great!

el ess A 11-09-2018 07:02 AM

Be prepared for "sticker shock". I retired this past April in my mid-50s and I've found out that I still have a propensity to think I'm still making bucks I used to.

We've invested wisely over the years so our retirement income at the moment is almost the same take home pay as before, but I need to wait on taking IRA dividends until 59 1/2 because I don't want to pay that 10% penalty for no good reason. Plus, we are pushing out taking social security for a few years past 62 because we can. It's about an 8% "raise" every year past 62 if you can wait it out.

This "Social Security supplement" - sounds like "income leveling" where they pay you almost the equivalent of your expected SSA income at 62 now until you reach 62, then pull that back when your SSA check comes in, thus "leveling" your income. If you live a good long time past that, you might lose out. Is that it? My wife and I both had that offered to us at retirement (different employers) and we both turned it down. If SSA gets cut in the future, we don't want our company retirement checks to get tagged. Plus that's just a big gap from 62 to whenever we decide we want to retire.

That's all drivel though. Prepare quickly though. These couple months will ZIP by quickly. I'm just now starting to forget what day of the week it is. Retirement is great if you're prepared for it.

Camaro_QC 11-09-2018 08:37 AM

On some papers received from my job, my retirement date is in January 2057... Oh well..

Congratulations by the way!


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