(Topic ID: 223399)

I'm thinking about retiring

By o-din

5 years ago


Topic Heartbeat

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  • 719 posts
  • 164 Pinsiders participating
  • Latest reply 3 years ago by o-din
  • Topic is favorited by 12 Pinsiders

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#457 3 years ago

Luckily for me I will also be retiring July 31st.I worked a lot of overtime and saved up for the 16-24K healthcare hit for me and the wife.Then covid hit and my employer came out with a retirement package.Fully funded healthcare.Also as far as the 401K theres no penalty to withdraw if you are 59 1/2.Also if you were in your company plan for over 25 years and are at least 55 there is no penalty.A certain amount will be withheld for taxes depending on if its an IRA or 401K.It's also good to live in a state that does not tax retirement monies.

#483 3 years ago

Ahh yes the rampant drinking.After 4 years in the Army and 33 with the Airlines I'm ready to change my pitch up.No more drug tests for me.Legal high quality potent weed.And so many flavors

#487 3 years ago

35 days to go

6 months later
#494 3 years ago

Should be another stimulus check soon with the incoming administration.

#505 3 years ago

Congratulations Odin.58 is a good age to retire(same as me) Enjoy it

P.s. toss that alarm clock.

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