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#27917 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: 2011 Camaro SS/RS Inferno Orange Join Date: Oct 2010
Location: York, PA
Posts: 6,592
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#27918 | |
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Chiquita
Drives: 2013 1LE/1SS YELLO1LE 1 of Only 28 Join Date: Nov 2011
Location: Mpls. Mn./Hudson,Wi.
Posts: 4,740
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You need to talk to a tax person I know there are rules on early with drawl anytime before 591/2. So do some checking. maybe roll it over to a Roth/IRA. |
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#27919 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: 2011 2LT RS IOM Convertible Join Date: Dec 2010
Location: Buffalo, NY
Posts: 2,020
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I would think that if you retire you would not get severance pay anyway I thought you only get that if you get a layoff. As far as retirement at 57 how easy would it be for you to get another job? Are there jobs available in your field where you live? Not to mention it could be tough to start as a new employee somewhere else after 35 years at the same job. With that much seniority could you avoid the layoff?
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#27920 | |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: 2011 Camaro SS/RS Inferno Orange Join Date: Oct 2010
Location: York, PA
Posts: 6,592
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Quote:
Last edited by ROBOSSRS; 02-19-2013 at 07:55 PM. Reason: . |
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#27921 |
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Chiquita
Drives: 2013 1LE/1SS YELLO1LE 1 of Only 28 Join Date: Nov 2011
Location: Mpls. Mn./Hudson,Wi.
Posts: 4,740
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#27922 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: 2011 Camaro SS/RS Inferno Orange Join Date: Oct 2010
Location: York, PA
Posts: 6,592
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#27923 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: 2011 Camaro SS/RS Inferno Orange Join Date: Oct 2010
Location: York, PA
Posts: 6,592
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The only way I would take a job in my field is with a company NCR used to own, but only for a few years.
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#27924 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: 2011 2LT RS IOM Convertible Join Date: Dec 2010
Location: Buffalo, NY
Posts: 2,020
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Well in that case you may want to take the severance and lump sum retirement and see what is out there. I would agree with Skip however and look into any tax implications but you can roll it into an IRA if you have to.
Sent from my DROID2 GLOBAL using Tapatalk 2
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#27925 | |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: 2011 Camaro SS/RS Inferno Orange Join Date: Oct 2010
Location: York, PA
Posts: 6,592
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#27926 |
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It's a Synergy thing..
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It's funny how the names we have for things changes over time.
For instance: In the 1930s it was called "The Great Depression". Now it's called "The Economic Recovery". ROBOSSRS, after everything I have read, it sounds to me like you should run for it while you still can. Take the money and invest it somehow. I know it's got to be hard after 35 years to make any kind of move, but I'm guessing I don't have to tell you what they think you're worth. It doesn't sound like any of your available paths will be easy. But I know exactly what it's like to sit at company and watch it crumble from the inside right before your eyes. That's what I was enduring up until I lost my job last month. We were slowly shedding people until it got to the point that I would be doing sales one day, marketing the next, and then out to the warehouse to be the shipping clerk for a few days. Needless to say I only got one paycheck. Anyone that knows me, knows that I saw it coming for awhile. But it happened far sooner that we had anticipated. Of course management would never admit that anything was wrong. They just said everything is going to be okay! They were so backward that the CEO would still repeat the tired mantra that books were recession proof. He's a complete idiot and a coward that wouldn't face me when I got my layoff notice. So I know you're probably trapped somewhere between your comfort zone, and the message in the writing on the wall. And trying to decide on what to do between those to forces. I'm from the Rust Belt myself, so I'm guessing jobs are not plentiful. And I have no doubt that your age weighs heavy on your mind. Age discrimination is very real. I honestly wish I could give you happy reassurances, but I really don't feel confident in anything I can tell you. Plus I have no doubt that my perspective is more than somewhat clouded by my current circumstances. I wish you all the best and hope you can come to some decision that puts you on a good path. One that leaves you comfortable, healthy and happy. I apologize if my tone got darker as I went on. I didn't intend for it to go that way. I just realized that I am still angry and getting angrier as I look around and see more and more people I know, losing their jobs. And the most disturbing trend is that it is predominantly people our age and experience level.
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It's a Camaro thing...
Not everybody who drives a Camaro "gets it"...But everybody that "gets it", drives a Camaro! -GG |
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#27927 | |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: 2011 Camaro SS/RS Inferno Orange Join Date: Oct 2010
Location: York, PA
Posts: 6,592
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#27928 | ||
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Going places
Drives: 2011 2LT/RS Victory Red Join Date: Oct 2010
Location: Atlanta, GA
Posts: 4,897
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Quote:
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"just stay with traffic, you'll be fine". = famous last words |
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#27929 |
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Older than I look....
Drives: 2010 VR Camaro 2SS/RS LS3 Join Date: Feb 2011
Location: Washington
Posts: 6,481
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I think someone wanted to sit and admire Ladybug's a$$, I came out of work during lunch to find a chair....
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High Heels and Fast Wheels!!
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#27930 |
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Jan
Drives: 2010 Camaro 1LT Red Jewel tintcoat Join Date: May 2010
Location: Springfield, TN
Posts: 16,240
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LBM That pic is epic! LOL I bet you got a good laugh from that. Good humpday Morning crew. Brrrrrrrrrr it's chilly this morning. I was up until 11:30 doing work notes last night so I'm tired today. I'm glad it's hump day though. This weekend we have our first club outing. We are supposed to Camarovan up to Louisville to the Carl Casper car show where both Music City & Derby City Camaro clubs have displays with some of our nicest club car in the show. It may be rainy that morning which would inhibit some of our members from going so I hope the forcast changes for the better. I need to see my comrads. Even Mike won't take his Camaro if it rains & I really want to drive SOLO. HAGD everyone.
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