Posted by W_B on January 28, 2018 at 06:57:02 from (97.73.64.155):
In Reply to: Retirement posted by JL Ray on January 26, 2018 at 13:00:29:
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Planning to retire later this year, along with my wife. I'll be almost 63, wife will be 62. We are at the same company and work in the same line of business. With management changes and changes in our jobs it's just not fun as it used to be. The getting up at 4:30 and the hour long commute are getting old, the city traffic is getting worse as the economy gets better (but that is a good thing!). There are things we would like to do around our place we just don't have time to do and want spend more time working with the llama herd.
My company has a pension plan, 401k and will extend the health insurance to retirees (same plan as working employees), but costs more, of course. We can continue that plan until Medicare kicks in and they offer a company sponsored Medicare supplement too through the medical plan carrier.
A guy I worked with, he retired last year, had to work until 66 because his wife, who never worked a lick, wouldn't have any health insurance if he had retired the year before. He kept going even with failing health and interest in his job to keep the company plan until she turned 65 late in '17. He drug himself in for all of '17 hating every day. Don't want to be that way, but get out while I have some health left.
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