Middle-aged married mom looking ahead while enjoying today I haven’t blogged in months and a couple of big financial things have happened. The exciting one is that I gave notice at work of my retirement, and it’s now 19 days away!
The company has a voluntary separation program (VSP) that sends a retiree off with a nice severance. To qualify I had to be 55+ and have the sum of my years of service to the company and my age be at least 72. I also had to provide a minimum of 3 months’ notice, which I did – plus one day. I’ve actually qualified since I was 55 but I wasn’t ready then. Now the house is paid off and I’m comfortable with living lean until my retirement account can be accessed without penalty. I have a small Roth IRA as a back-up and I’ve also read a couple of articles about accessing a 401k after 55 but before 59.5 without penalty. That’s a back-up to the back-up though – I hope I don’t need that. But just in case, I’m leaving my retirement funds in the 401k until I’m 59.5. Then I’ll roll it into an IRA where I have more control.
My job is fine – I don’t dislike it and yet, I am super excited just to wake up and feel free.
June 11th, 2023 at 08:52 pm 1686513138
June 11th, 2023 at 08:54 pm 1686513279
June 11th, 2023 at 11:36 pm 1686523002
retirement.
June 13th, 2023 at 03:00 pm 1686664832
Enjoy retirement & freedom!
June 18th, 2023 at 07:54 pm 1687114454