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Thread: PessOptimist's Retirement Story

  1. #85

    Default Re: PessOptimist's Retirement Story

    Interesting, I have always had the understanding 40 years was the limit on the Gubbermint "Teat". Thats alot of read newspapers and hot coffee.

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  3. #86

    Default Re: PessOptimist's Retirement Story

    I retired in January and although it is early, I didn't realize the stress I had on me and have cherished every day! I day trade and flip alt coins during the day and spend more time with my family. You will never read a book where the author states he regrets spending to much time with family. I will no longer miss baseball games, birthday parties etc. Day drinking is the best! �� Best of luck on your decision. I was capped on my pay while employed and now bring $1400.00 more a month home being retired.

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  5. #87

    Join Date
    Oct 2008
    Location
    Stinking desert valley of bad air quality, AZ
    Posts
    2,502

    Default Re: PessOptimist's Retirement Story

    I have been thinking about unfinished stuff at work and now the position immediately above me has been filled and some of the daily “fix this now” pressure is off and of course the desire for higher annuity.

    Since some stress is gone the thought is stay until the end of the year. I can fulfill the idea of having 448 hours AL to sell back at retirement. I may not live until the end of the year which I understand gives my S.O. ½ my salary for life? Not sure that is true. It is stated in my benefits statement on my agencies’ site.

    Today my new boss and I were talking about things and how it was going and expectations etc. He as usual asked about my retirement plans and since I am up front about things I said I was thinking about staying until the end of the year.
    Aarrgh, why did I say that? I guess I want to stay and attempt to finish unfinished things. Or I am too wimpy to stick to the original 30 APR 18 plan?
    Thank you for all the inputs. I will address them in the order received.
    pmaloney, not sure if they like me or not. They find me useful at the present time.

    evilanne, the money would come from existing funds. It would never actually get “paid off” as all moneys coming in from all sources would be spent. $22k never to be repaid but enjoying the $8k per year. This is not simple to do and may affect other things. Sitting on the pot on this.

    Scout333, food for thought. I never have figured out what anyone really thinks. The people who work for me were my peers for years and are usually willing to point out things they think I should have done better. I really hope that if I become the “old fed who had overstayed his welcome” that one of them will tell me.

    nasa1974, in answer to your questions “Couple of question to ask yourself; 1) Am I ready to retire (mentally), 2) If I stay will it add to my retirement package, and 3) Do I dread the drive into work every day?” maybe, yes, yes. Ready to retire (mentally) yes and no.
    I would love to not get up at 4AM every day and listen to traffic reports while getting ready and trying to plan which route to take to make the 15 mile trip 35 or 60 minutes long and not try to answer the “hot” issues from yesterday combined with the new “hot” issues that will come up that day and thinking about all the “hot” issues already on the plate that are being worked. I also like resolving these issues and whittling away at the existing list of issues. The job has ongoing tasks and is also like a call center to resolve new issues. I would love to leave it all behind but would also like to stick around to resolve the long standing issues. I have no delusions about my departure stopping business as usual and believe in the dipper taking water from the bucket theory. Perhaps ego makes me not want to leave unfinished business but in the overall scheme I will be soon forgotten.

    dhstdog, great stress is gone. Don’t understand pay cap but am not a usual Fed. Not CSRS either. Day drinking-I could get in to that but will led to no production from me.

    PO

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  7. #88

    Default Re: PessOptimist's Retirement Story

    PO, wasn't calling you an "old Fed" . Your post just reminded me of what happened early in my career. At the time I was 24 and anybody over 40 was an Old Fed to me! Ha!

  8.  
  9. #89

    Join Date
    Apr 2008
    Location
    Cleveland, Ohio
    Posts
    8,908

    Default Re: PessOptimist's Retirement Story

    PO,

    Retirement is a personal commitment and you are dealing with the same reasoning that those of us that have retired dealt with as well. Only you can decide if it is worth sticking around until the end of the year. You retire because it is right for you; financially, mentally and physically. Good luck.
    May the force be with us.

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  11. #90

    Default Re: PessOptimist's Retirement Story

    Quote Originally Posted by PessOptimist View Post
    I have been thinking about unfinished stuff at work and now the position immediately above me has been filled and some of the daily “fix this now” pressure is off and of course the desire for higher annuity.

    Since some stress is gone the thought is stay until the end of the year. I can fulfill the idea of having 448 hours AL to sell back at retirement. I may not live until the end of the year which I understand gives my S.O. ½ my salary for life? Not sure that is true. It is stated in my benefits statement on my agencies’ site.

    Today my new boss and I were talking about things and how it was going and expectations etc. He as usual asked about my retirement plans and since I am up front about things I said I was thinking about staying until the end of the year.
    Aarrgh, why did I say that? I guess I want to stay and attempt to finish unfinished things. Or I am too wimpy to stick to the original 30 APR 18 plan?
    Thank you for all the inputs. I will address them in the order received.
    pmaloney, not sure if they like me or not. They find me useful at the present time.

    evilanne, the money would come from existing funds. It would never actually get “paid off” as all moneys coming in from all sources would be spent. $22k never to be repaid but enjoying the $8k per year. This is not simple to do and may affect other things. Sitting on the pot on this.

    Scout333, food for thought. I never have figured out what anyone really thinks. The people who work for me were my peers for years and are usually willing to point out things they think I should have done better. I really hope that if I become the “old fed who had overstayed his welcome” that one of them will tell me.

    nasa1974, in answer to your questions “Couple of question to ask yourself; 1) Am I ready to retire (mentally), 2) If I stay will it add to my retirement package, and 3) Do I dread the drive into work every day?” maybe, yes, yes. Ready to retire (mentally) yes and no.
    I would love to not get up at 4AM every day and listen to traffic reports while getting ready and trying to plan which route to take to make the 15 mile trip 35 or 60 minutes long and not try to answer the “hot” issues from yesterday combined with the new “hot” issues that will come up that day and thinking about all the “hot” issues already on the plate that are being worked. I also like resolving these issues and whittling away at the existing list of issues. The job has ongoing tasks and is also like a call center to resolve new issues. I would love to leave it all behind but would also like to stick around to resolve the long standing issues. I have no delusions about my departure stopping business as usual and believe in the dipper taking water from the bucket theory. Perhaps ego makes me not want to leave unfinished business but in the overall scheme I will be soon forgotten.

    dhstdog, great stress is gone. Don’t understand pay cap but am not a usual Fed. Not CSRS either. Day drinking-I could get in to that but will led to no production from me.

    PO
    They cap your salary at $164,900.00 so each pay period would show me how much they DIDNT pay me! Doesn't count toward retirement or for anything else. A few of us tried the old leave without pay ever other Friday since it wouldn't change our pay and we were working for free. Our director denied our requests. I'm 50 and have plenty to do as my wife doesn't pay me what I'm worth either. ������


  12.  
  13. #91

    Join Date
    Oct 2008
    Location
    Stinking desert valley of bad air quality, AZ
    Posts
    2,502

    Default Re: PessOptimist's Retirement Story

    Quote Originally Posted by Scout333 View Post
    PO, wasn't calling you an "old Fed" . Your post just reminded me of what happened early in my career. At the time I was 24 and anybody over 40 was an Old Fed to me! Ha!
    No worries. I am old and a fed.

    PO

  14.  
  15. #92

    Join Date
    Oct 2008
    Location
    Stinking desert valley of bad air quality, AZ
    Posts
    2,502

    Default Re: PessOptimist's Retirement Story

    Quote Originally Posted by dhstdog View Post
    They cap your salary at $164,900.00 so each pay period would show me how much they DIDNT pay me! Doesn't count toward retirement or for anything else. A few of us tried the old leave without pay ever other Friday since it wouldn't change our pay and we were working for free. Our director denied our requests. I'm 50 and have plenty to do as my wife doesn't pay me what I'm worth either. 😂😂👍
    I remember seeing the cap in the GS pay schedule now. I tend to not remember things that will likely never apply to me. I am sure being in that situation wouldn’t sit well with me either.

    I’m 65.75 and will have plenty to do after retirement. As far a compensation from any significant other, they all seem to have their own accounting methods and believe all interactions starting from when they acknowledged your existence at first meeting are priceless and added to that account.

    I may take some heat from that last statement.

    Enjoy your retirement. I am trying out some of the activities you mentioned. All my chores are done and the normal Friday crisis at work was resolved yesterday (I work 4x10, bosses work 5xwhatever) and I can’t finish the taxes until I get some info from SO. Trying out a little Saturday day drinking. May post something later in the lounge and see if anyone else has time they wish to kill today. I recommend the patio or PUI threads.

    PO

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