Another notice question, with a twist
Reddit » Retirement
by /u/jbushee
17m ago
I'm getting close to pulling the trigger and starting to consider notice. I've read a lot of comments about when to give notice, but I'm wondering how much the fact that I'm a federal contractor, in my position for just 6 years, should impact my decision. I'm leaning toward the standard 2 week notice currently, but interested to hear thoughts on my particular circumstance. submitted by /u/jbushee [visit reddit] [comments ..read more
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Should I work one more year to earn $150 more a month?
Reddit » Retirement
by /u/jkro1976
20h ago
I'm a teacher and I planned on retiring at the end of this school year. I am 65 and this is my second pension. Our district increased salaries significantly for the next school year. My pension is based on the highest 4 work years, so working one more year would increase my monthly pension by approximately $150.00. I'm tired of working, but should I stick it out for one more year? submitted by /u/jkro1976 [visit reddit] [comments ..read more
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What's another word or phrase to use instead of "retirement"?
Reddit » Retirement
by /u/Wonderful-Run-1408
20h ago
I'm 62, and will be "retired" fully within the year (10 more months). My hubby is 53 and will likely retire in a couple years. What bothers both of us is that we feel the word 'retirement' has such a boomer connotation that is negative and (apologies to other boomers, as I'm technically one myself..). We're wondering if there's another word or phrase to use with friends and family that doesn't convey the essence of 'retirement', which many people think about it as being sitting around the house, not doing anything, etc. ​ submitted by /u/Wonderful-Run-1408 [visit reddit] [comments ..read more
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No more market slumps as "buying opportunities"
Reddit » Retirement
by /u/NPE62
20h ago
When I was working full-time, and putting away money into my retirement plans and after-tax accounts, I could always put a smiley-face on long-term market declines by thinking of those times as "buying stocks on sale". Now that I am winding down my professional practice, with a corresponding winding down of my income, I no longer have those opportunities to put "new money" into the market at reduced prices. I suppose that the dividends and capital gains in my retirement funds go further when they are used to buy additional shares. I have two post-tax funds: I take the distributions from the l ..read more
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Pets in retirement can be expensive
Reddit » Retirement
by /u/rjlets_575
2d ago
Pets can be expensive in retirement, not retired yet, 8 more months. We have have 4 pets 2 dogs and two cats. One cat is diabetic so we have the insulin cost every 3 months. We have pet insurance on both dogs ,but last week one of the dogs needed a dental treatment. This wasn't covered by insurance $1,500.00. From now until retirement going to try and build a 5k pet fund... submitted by /u/rjlets_575 [visit reddit] [comments ..read more
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How do you stave off the feelings of invisibility in retirement?
Reddit » Retirement
by /u/Odd_Bodkin
2d ago
A friend and I were just talking about this this morning. It feels to both of us that having an outlet for usefulness is important, or otherwise we get the feeling that we've become useless, invisible, no good to the world anymore. The really satisfying part is identifying some need and doing something to address it, without it becoming something where success is critical to your livelihood. submitted by /u/Odd_Bodkin [visit reddit] [comments ..read more
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Pulling my 401k to buy another house.
Reddit » Retirement
by /u/Jackaloop
2d ago
I can't stand it. I lost $2k last week due to stock market volatility. I understand that a 401k is a long term investment, or you make more conservative choices. Screw that! I can put my money in the 401k, collect the 7% match and immediately pull it out. The joys of working over the age of 60. I think it's kind of actually, a pretty darn good deal. So I will be pulling out half my money and buying a house. I will keep looking for another one to buy with the remains. submitted by /u/Jackaloop [visit reddit] [comments ..read more
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Just started 5th year retirement. Here's what it's been like.
Reddit » Retirement
by /u/elonmust49
2d ago
So far it's been great. Work was never my life so I don't miss it. I didn't have friends so I don't miss them. My wife is the only person I talk to on a regular basis. No debt, modest home paid for, Living on our combined Social Security 40k, use savings for buying new cars. Every day I walk 2 miles in parks or at the Y in winter. Both of us enjoy very good health. Living in Kansas everything a 1 day drive: the Gulf coast, Colorado, Utah etc. No intrest in Cruises, Europe. Have been to Mexico and Canada however. So far so good. Have everything paid off, takes less money to retire than you thi ..read more
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Retirees team up with AARP tutoring program to bring students’ reading skills up
Reddit » Retirement
by /u/LocalNewsMatters
3d ago
The program pairs people over 50 and typically retired with younger students who need to catch up on reading. Tutors typically spend two 30-minute sessions with students per week and are trained by AARP. https://localnewsmatters.org/2024/04/21/retirees-team-up-with-aarp-tutoring-program-to-bring-students-reading-skills-up-to-par/ submitted by /u/LocalNewsMatters [visit reddit] [comments ..read more
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Gift for my collegiate professor
Reddit » Retirement
by /u/HungrySpite1778
3d ago
My professor is retiring after this semester and he made such an impact on my life, I was wondering what would be a fitting gift? We have a great relationship where we banter and I show up to a class that I’m not actually in. He is the sweetest older man I’ve ever met. He is retiring as a professor and a lab animal veterinarian at my university. Anyone have any input? Thank you! submitted by /u/HungrySpite1778 [visit reddit] [comments ..read more
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