Congrats. Enjoy retirement.
Just plain smart - - everyone should do the math. Your SS will grow as well.
Definitely a fair consideration, but I'd also be earning $750k during those 5 years, as well as adding $115k to my 401k. Also consider the fact that my pension would increase almost $20k/yr, so I'd recover that same $200k in the first ten years of retirement plus all the rest. For just five more years it's tempting.
Roll up your sleeves, have half a pot of coffee in the morning while you are elbow deep in the WSJ, and give her some space. Not a bad gig, if you can get it.
My retirement schedule will be.
Who wears the pants in your family? Just tell her you are going fishing or hunting or to the store for some beer or out to your workshop--then disappear. That has worked for me for as long we haven't had any kids at home. I hope you aren't one of those couples who wear the same outfits and can't do anything without the other one tagging along. We have one guy who comes to our monthly "retired UPS guys" breakfast whos wife tags along eveytime. She sit there like a bump on a log bored as hell.
up way too early
I've been self managing our retirement for more than 25 years with good success. My wife travels for our business and we have pets at home to care for. I'm a gym rat and health nut who eats right and gets plenty of sleep. We have retirement land in eastern Tennessee and have traveled 5-7 weeks a year while I was working. Owning a business means we can never completely unplug until we sell and fully retire. My wife is 52 and plans to work until I turn 60 or until we have grandchildren.
What local? You get $1666 pension bumps every five years?
I've found that if I go stand in the middle of a river with my fly rod the spouse won't follow. I fish a lot.
Well, unless SOB keeps stealing from the west to give to the poor.
The old UPSers always told me: "Purpose, schedule, structure!" Looks like you have that nailed down.
I'm very structured. My wife and I set schedules and "to do" lists for work weeks, while weekends and vacations are more impulsive. 2013-2021 I only worked 1400 hrs a year while traveling the country following our kids college athletic teams play. In 2022 the company tighten attendance policies and I worked more than 2300 hrs and I hated it. We sat down and looked at everything and determined that 2023 would be my last full work year. Taking work from my wife's plate was part of the decision making process.
Damn bro , You’ve been institutionalized. Just like somebody outta prison can’t figure it out without somebody tellin you what to do
