Thursday, July 15, 2010

Well,here's the news.

I'm NOT going to retire on this incentive plan. You are the first ones to hear it cuz I've only just this past little bit finally decided. The HR guy is desperate to get me out, so he fixed the dates so I'd qualify and then even got the retirement guy in Albany on the phone so we could conference - the guy did the numbers - MINUS the 25% reduction I'd get for being only 50... I would have enough to survive, but no money to save, or travel, or even get my car fixed should something go wrong.

And yes, I could go get another job, most likely minimum wage... but if I'm gonna have to work anyway, why throw away the salary I make now?????

So forget it. I might be desperate but I'm not stupid.

After all the crap I've gone through these past 30 years to get this far - no way - I can't and won't live on that amount for the rest of my life just cuz they're trying to make me crazy. I have a good income and have for the first time in my life, this past six months or so, have learned to enjoy a few luxuries that money can buy and I'm not givin' it up for a bunch of a-holes.

At least I'll have my 30 yrs in Dec. If I can make it just five more years (or unless another incentive rolls around) I can retire comfortably and be able to play all I want at the young 'ole age of 55 with 35 years of service and NO penalties.

But to say I'm now severely depressed is an understatement. There are no words. This just totally sucks. I know in the end it will all be for the good, but for right now... that's not doin' much to help.


Stacie said...

Well this news sucks a big amount of ass. I'm sorry things didn't work out right now. I honestly can imagine how depressing this must feel - especially with all the BS you put up with there.


Sheepish Annie said...

That is such a disappointment! I guess you can't change the numbers, although you'd think there would be something someone could do under the circumstances. I'm so sorry this didn't work out for you. :(

Kath said...

I agree that it sucks but I can understand where you are coming from. If only five more years can put you in a better, more secure financial place, then yeah, I'd make the same choice. At least for the next five years, you know why you are sticking with it, and you can use the time to plan for that day.

Carolyn (Harbor Hon) said...

I hear you girly! I'd have made the same decision as you. You can save lots more in five years on full salary than you ever dreamed of. Just keep thinking about that sweet retirement home in the holler. xxoo