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Brown Cafe UPS Forum
UPS Partners
Retirement Readiness Assessment
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<blockquote data-quote="Catatonic" data-source="post: 1159255" data-attributes="member: 7966"><p>Unfortunately, I can't refuse or accept anymore.</p><p></p><p>One of the reasons I hung around was in case they did offer a buyout.</p><p></p><p>In 2010, they excluded my workgroup or I would have taken the buyout that year (I turned 55 the previous October).</p><p>I figured it out that I needed to work 16 months to make up the difference financially for not being offered the buyout.</p><p>I then stayed on another year thinking they might offer a buyout in early 2013.</p><p>Actually the three most enjoyable work years in my career.</p><p></p><p>Its all good. Over $65,000 extra in my 401k, $900 more in my pension every month and probably another $90k I have not withdrawn from my outside investments (although I have not withdrawn any so far in 4 months).</p><p>I have made around $6000 in photography in 4 months ... not enough to live off of but it helps and I enjoy the photography.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 1159255, member: 7966"] Unfortunately, I can't refuse or accept anymore. One of the reasons I hung around was in case they did offer a buyout. In 2010, they excluded my workgroup or I would have taken the buyout that year (I turned 55 the previous October). I figured it out that I needed to work 16 months to make up the difference financially for not being offered the buyout. I then stayed on another year thinking they might offer a buyout in early 2013. Actually the three most enjoyable work years in my career. Its all good. Over $65,000 extra in my 401k, $900 more in my pension every month and probably another $90k I have not withdrawn from my outside investments (although I have not withdrawn any so far in 4 months). I have made around $6000 in photography in 4 months ... not enough to live off of but it helps and I enjoy the photography. [/QUOTE]
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