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brooklynite

(94,452 posts)
Sat Apr 24, 2021, 08:31 PM Apr 2021

I had my first retirement briefing last week; the clock is ticking.....

I'll be 62 in July (able to get a lifetime National Park Service pass). I'm finishing up my last major management project and expect to file for retirement in June. I have a defined benefit plan that pays 2/3 of my current salary and lifetime health care my me and my wife.

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I had my first retirement briefing last week; the clock is ticking..... (Original Post) brooklynite Apr 2021 OP
Congratulations and wlecome to the club. yonder Apr 2021 #1
Congratulation! radical noodle Apr 2021 #2
Congratulations. The lifetime NPS pass is a nice perk. nt Buns_of_Fire Apr 2021 #3
Lifetime health care not too bad either empedocles Apr 2021 #4
It's that, absence of lifetime healthcare, ... Dave says Apr 2021 #10
Congrats! Kaleva Apr 2021 #5
Wow, that sounds great! FakeNoose Apr 2021 #6
Still available under a different name brooklynite Apr 2021 #7
OK I got a lifetime senior pass for $10 FakeNoose Apr 2021 #9
I got mine one week before the price went from $10 to$80 nt. airplaneman Apr 2021 #8
Recently retired Retired Engineer Bob Apr 2021 #11
Good for you. Those are awesome retirement terms. ancianita Apr 2021 #12
Nice! 2naSalit Apr 2021 #13
Lucky you and lucky wife (able to use your health coverage). BigmanPigman Apr 2021 #14
Wow! Congratulations!!!!! BobTheSubgenius Apr 2021 #15
This message was self-deleted by its author Pas-de-Calais Apr 2021 #16
And by "defined benefit plan" we are basically talking cilla4progress Apr 2021 #17

radical noodle

(8,000 posts)
2. Congratulation!
Sat Apr 24, 2021, 08:34 PM
Apr 2021

Retirement is way better than advertised. You can get unemployment if you retire? That's awesome.

Dave says

(4,616 posts)
10. It's that, absence of lifetime healthcare, ...
Sat Apr 24, 2021, 09:54 PM
Apr 2021

... that keeps me working. However, I’m planning for June, too.

Kaleva

(36,290 posts)
5. Congrats!
Sat Apr 24, 2021, 09:24 PM
Apr 2021

I'm 62 and early retirement came for me getting close to 10 years now when I qualified for SSDI. It's a lot less money then what I made when able to work full time but I've adjusted and I get excellent health care, and will for the resto f my days, from the VA.

FakeNoose

(32,610 posts)
6. Wow, that sounds great!
Sat Apr 24, 2021, 09:28 PM
Apr 2021

I was able to get a lifetime pass to the National Parks just before Chump discontinued them. It's so unfortunate that he did that, because now people have to buy the pass every year and the price is doubled.

But your other retirement benefits sound great too. Congratulations!


brooklynite

(94,452 posts)
7. Still available under a different name
Sat Apr 24, 2021, 09:30 PM
Apr 2021

Senior Pass
Cost:
$80 Lifetime Senior Pass
$20 Annual Senior Pass
Available for: U.S. citizens or permanent residents age 62 or over. Applicants must provide documentation of age and residency or citizenship.

FakeNoose

(32,610 posts)
9. OK I got a lifetime senior pass for $10
Sat Apr 24, 2021, 09:52 PM
Apr 2021

I got it when they were about to discontinue the lifetime passes altogether.

It was about 3 years ago when Ryan Zinke was the Secretary of the Interior. Remember him? Very corrupt man who got fired, just like most of Chump's appointees. Anyway Zinke wanted to lease or sell federal lands including some of the National Park properties, and Chump was all in favor of that. He's the one who discontinued the Lifetime Senior Pass. I guess they brought it back and quadrupled the price.

Joe Biden should look into this!

11. Recently retired
Sat Apr 24, 2021, 09:56 PM
Apr 2021

Between covid and burnout decided it’s time to hop off the rat race. Fortunately hubby is willing and really wants to work full time, health care is now covered. I requested quotes from a local insurance broker, basically $12k/year with a $11k/year max out of pocket. My husband and I both take AIDS meds, we scoot right up to max out of pocket within 2-3 months every year. I am one of the fortunate few that can possibly afford this assuming we eat dog food from this point forward. Republicans would rather my husband and I die.

ancianita

(36,009 posts)
12. Good for you. Those are awesome retirement terms.
Sat Apr 24, 2021, 10:18 PM
Apr 2021

Having a defined benefit plan makes for a fine retirement. I had similar terms but by IL law couldn't Social Security benefits, just Medicare.

That the park pass is one of the best benefits of this beautiful country.

BobTheSubgenius

(11,562 posts)
15. Wow! Congratulations!!!!!
Sat Apr 24, 2021, 10:35 PM
Apr 2021

I can't imagine what you'd need a briefing for, though. "Here - have a great retirement package. Enjoy it!" Is that about it?

A friend of mine used to work for the Australian fed. gov, and they offered him a golden handshake. Because I was retired, and have been since the late 80s, he thought I'd be a good person to ask. This was the late 90s. They offered him $110,000 cash-on-the-dash, full benefits for life, and $60K a year. I told him to sign it before they come to their senses. He said he wanted to talk with his financial adviser.

The adviser told him the same thing.

Response to brooklynite (Original post)

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