It's Official!

iVillage Member
Registered: 06-27-2000
It's Official!
7
Fri, 01-25-2013 - 7:49pm

My retirement date is April 1, 2013.   GE made me an offer I can't refuse, and since I was planning to retire this summer anyway, I jumped at it.  I'll have a two month gap between losing my medical and Medicare kicking in, but I'll just tough it out.  COBRA is a jaw-dropping amount.  The payout will allow me to pay off my credit card debt, stay in my house, and live life without the 5:45am alarm going off!  I'll have money left over for some travel and to do some of the things I haven't had time for because I'm so frikkin' tired from my stressful job!

Barbara

 

Oh say, can you see?


Visual Impairments


<

Avatar for terreinarkansas
iVillage Member
Registered: 10-05-2000
Sat, 01-26-2013 - 11:08am

Barbara, that's great! I agree on the Cobra. When my dh retired we were stunned how much Cobra amounted to. I wish you luck. Now you can sleep in ;-)Congrats!!!

Avatar for donnaldy59
iVillage Member
Registered: 11-19-2001
Sat, 01-26-2013 - 12:30pm

Oh Barbara that is such exciting good news!  I'm so very happy for you!  Looks like 2013 is going to be a great year for you!!

iVillage Member
Registered: 11-01-1999
Sat, 01-26-2013 - 7:12pm
I retired last March 31. I highly recommend it. Barbara, I know you are counting the days!

iVillage Member
Registered: 03-20-2001
Sun, 01-27-2013 - 11:24am
Barbara, that is GREAT news!
Community Leader
Registered: 11-21-2001
Mon, 01-28-2013 - 2:45pm

Congratulations Barbara!! I know that when my company was starting to change (for the worse) and I knew we were going to be moving in a year....I asked to be laid off.  At that time I had enough years and was of an age that I could request retiree medical....but even that was really expensive.  Now DH and I have our own personal insurance...the deductible is really high but, thankfully, we are healthy.  We also opened a Health Savings Account through our business a couple of years ago; so we have some money in there to pay out of pocket expenses.  I'm three years away from Medicare but I'm not complaining.

Good luck on your retirement!!

Laura
Community Leader
Registered: 02-27-1999
Mon, 01-28-2013 - 7:31pm

I'm so jealous!  I'll die at my desk.  I'm so happy for you!


Photobucket
iVillage Member
Registered: 11-23-2005
Fri, 02-01-2013 - 2:31pm

Enjoy your retirement!  You will get less done now than when you worked!