Quote:
Originally Posted by old guy
That's exactly what my last 8 yrs. of employment has been all about,was eligible to retire @ 55 but I was still too young and didn't want to go to work for someone else for less $ now with my wife's and my pension,investment distribution, SSI we'll have a 6 figure a year retirement
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I'm close to 6 figures in retirement. Would have been over if I would have stuck to my plan instead of being talked into retiring at 60. Wifey is 3 years older then me. The plan was for her to go to 65. But her company (WPX) closed up shop here when natural gas prices dropped in 2013. WPX gave her an early retirement package at 61. I was go to 62 or 65. Well.........the wifey got lonely being home and I'm still working. So she talked me into retiring early. If I would have stayed to 62. That would have been another $46,000 into 401K plus another $50,000 into my Cash Balance plan, plus more into my IRA. If I would have gone to 65. 401K would have an extra $115,000. Cash Balance would have $125,000. IRA would have been real healthy.
With the power plant being sold to Dynegy just before I retired, and voting a union in. I don't know if I could handle managements new attitude without putting one of them in the grave. A year after the sell. Vistra bought Dynegy. Since I left. Half the crew has left and got jobs with other companies. Things have really gone down hill. So.....in hind sight. Maybe it was good for me to leave went I did.
Every place we go to. I get a post card and sent it to the power plant. Telling them what a great time we are having. The last thing I write on the post card is, "Yinz miss me?"
