Readers' Comments
Total Comments: 36
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What Will (Your) Retirement Life Be Like?
Total Comments: 36
Page 3 of 4
Page 3 of 4
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| Close | Change | YTD | |
| G | $13.2102 | +0.0011 | +0.69% |
| F | $13.6263 | -0.0136 | +2.19% |
| C | $13.8822 | -0.0041 | +5.03% |
| S | $18.1185 | -0.0839 | +10.07% |
| I | $18.5861 | -0.1653 | +0.26% |
| Close | Change | YTD | |
| L 2040 | $16.2757 | -0.0497 | +4.10% |
| L 2030 | $16.0266 | -0.0418 | +3.66% |
| L 2020 | $15.7897 | -0.0336 | +3.06% |
| L 2010 | $15.4792 | -0.0113 | +1.70% |
| L Income | $14.1011 | -0.0086 | +1.59% |
What Will (Your) Retirement Life Be Like?
Retirement
USAF
Wed May 20, 2009 12:18 AM
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I am in my 10th year of CRS retirement. I was GS 14 and got 60% or so of my top 3 average. We planned well. Basically we live ok and are happy. I love not traveling for the USG--it was always second or third class. The commute will never be missed either. We kept busy with our small farm and light travel. My fear now is Obama will ruin out health care. Also the insane spending will eventually result in run away inflation. In that case I am sure hey will suspend or modify the COLA.
I am sorry for the FERS retirees. That system is not a decent deal for the Federal Retiree. There should be a floor that would allow a decent retirement when the stock markets tank. As it is now fols will hang on and there will be little opportunity for new blood.
Re: Retirement
DOT Retired
Wed May 20, 2009 10:07 AM
Retirement Life
DOD
Wed May 20, 2009 7:38 AM
Post Reply
I retired in June 2003 and haven't looked back. There was no adjustment to retirement for me. I was ready as I had worked nearly 43 years (34 for the US Govt).
I was a house husband until my wife retired two years after I did. My wife retired in June 2005 from a state university (she was a College Dean). She still teaches part-time as she likes it. Most of her classes are online classes which she does from our home office/hotel room/cruise ship. If she has a computer, she can teach. We reside in a state which does not tax our retirement income. Since her retirement, we have hit the road/seas (cruises). We have made two trips (each two weeks long) so far to Alaska; cruise around the British Isles (visited England, Ireland, Scotland, and Wales); Mexcio, Belize, Honduras; numerous Caribbean Islands; the US Southwest. We planned for this and retired to travel. We are going to Italy this October. I HAVE NOT missed working. My job/work was not my identity.
Re: Retirement Life
USPS
Wed May 20, 2009 10:29 AM
go for it!
gsa
Wed May 20, 2009 9:26 AM
Post Reply
I keep wondering why people think they have to have it all planned out. Ok, I do agree on planning the finances, and having some idea of what to do other than not working. But c'mon folks! Reach back into your memory: When you started school, changed grades, moved up to middle or junior high, up to high school, on to college/work, got married, had kids, bought your house, etc.. iI you're honest, most of these life changes were both exciting and scary. If you had a choice, later on, you'd mostly go ahead and do it again.
So don't worry so much about the fear of what happens after retirement. Plan on the new life being a bit different than you expected. There's an excellent chance that it will be even better than you hoped.
Count me: 3 years, 7 months, and odd days til liftoff!
Retirement isn't for everyone
FAA
Thu May 21, 2009 9:27 AM
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I retired from a major airline in 1994 at the age of 59. During a two year period I painted the entire inside of my home then did the outside, retiled the hot tub, raised 23 tomato plants and enough to supply the entire block. My wife and I traveled a great deal abroad and to date been on 15 cruise trips. We own two time shares in Hawaii and one on the main land. I returned to work in 1997 and currently have 16 years of federal service and love my job. With five weeks vacation and a decent salary I feel productive and look forward for my next travel adventure. I am 74 years old and have no plans to retire. My philosophy is, love what you do and follow your dreams.
What Will (Your) Retirement Life Be Like?
IRS
Thu Jun 4, 2009 9:28 AM
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I appreciate your information. I hope to be retiring next year and I will be playing lots of golf at first. Remember this is not a cheap activity.
I have heard of to many people who wait to retire and then either get sick or die. I want to enjoy my time while I feel good and can get about.
Retirement--the best job I've ever had!!
HHS/OIG/OI
Fri Jun 19, 2009 11:13 AM
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I retired from the federal govt. at the age of 54; I was in federal law enforcement so with 32 years of service I got a great pension under CSRS --74% of my average high three years.
This is more than enough to live on and even gives me extra to put in a monthly savings account.
As for filling time during the day, retirement is like a cruise--you can do as much as you want or as little as you want.
I work part-time driving cars for Enterprise 2-3 days per week. The other days, I do yard work, bicycle, play in a senior softball league in the summer and ski in the winter. I also do volunteer work for the Knights of Columbus. This is in between my travel of 3-4 times per year.
So when people ask me what retirement is like I tell them it's the best job I've ever had!!!!
Positive
Customs and Border Protection
Mon Jul 13, 2009 7:06 PM
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I found the article very informative. I really liked hitting the website on the book, where it took me to Amazon. I bought the book. Thanks I will be recommending your website to a few more retirees. I am 63 and will be retiring Jan. 1, 2010. I also liked the website to look for volunteer work.
Thanks for your info and all your work.