Reply to Revise retirement number/age?

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[quote=Anonymous][quote=Anonymous]I was at my number at 55, I was well paid with a lot of work/life balance.  I planned to work to 58 or 59.

A voluntary separation program was offered and it was very generous.   I took the offer and haven't looked back.

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I got laid off my long term job at 54 with $450,000 severance. Big deal tons of taxes and one time payment and 9 years me for Medicare, 11 years for wife and 13 years SS at 67.

I started new job three weeks later a raise and sign on bonus $120,000.

Lost that job three years later. They paid me full bonus plus 3 months severance so $175k check. But now I am 57 still 10 years out.

So got another job with a 80k sign on. Well they were crap with raises, medical insurance  and not stable. At 59 going on 60 I needed a more stable job. Luckily my 1/2 of vested stock I got at sign is now worth $300k

But that is also a one time check. I am finally at stage of life once I hit 63.5 if laid off over that age will retire. Will ride cobra to 65, six months unemployment and maybe some severance.

Although my wife thinks I have “one last rodeo” in me. She was thinking at 63.5 I should go for a very high paying executive job even if a boiler cooker of high stress. Something insanely stressful and very high paying. Her theory I will get big cash, big sign on and if fired who cares, I am already at retirement age will take big check and ride off into sunset.

I thought she was crazy last week. But she has a point,

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