Retirement - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

batman53201 · 11-03-2018, 05:50 AM

getting close to retirement. 57 days left and only around 25 more work days. Cant wait. I will have 37 years in, including 4 years military time. Best job ever. Where else do they pay you a social security supplement until you reach 62?

2SSRedline · 11-03-2018, 06:38 AM

Retired at the end of July after 40 years and 6 days. Bought my '18 2SS the next day.

Overflow · 11-03-2018, 06:46 AM

I have 16 years left of military service left until I retire!

But seriously, congrats!

batman53201 · 11-03-2018, 08:07 AM

Quote:

Originally Posted by 2SSRedline

Retired at the end of July after 40 years and 6 days. Bought my '18 2SS the next day.

nice retirement present. I'm trying to get my mom to take a trip to Italy with me for my retirement present to myself

Quote:

Originally Posted by Overflow

I have 16 years left of military service left until I retire!

But seriously, congrats!

thank you, and thank you for your service

Sir Nuke · 11-03-2018, 08:45 AM

Quote:

Originally Posted by batman53201

getting close to retirement. 57 days left and only around 25 more work days. Cant wait. I will have 37 years in, including 4 years military time. Best job ever. Where else do they pay you a social security supplement until you reach 62?

congrats!!! I will be close behind. at this very moment, I have 1 year, 29 days, 6 hours, 20 minutes left. on my retirement day, I will have completed 37 years and 5 months there and 6 years of service in the Navy. I can't wait!!!

batman53201 · 11-03-2018, 09:53 AM

Quote:

Originally Posted by Sir Nuke

congrats!!! I will be close behind. at this very moment, I have 1 year, 29 days, 6 hours, 20 minutes left. on my retirement day, I will have completed 37 years and 5 months there and 6 years of service in the Navy. I can't wait!!!

nice.

hopefully that time flies by for you.

ssrs2lt · 11-03-2018, 02:25 PM

Congrats that's excellent!!

RubyCamaro · 11-07-2018, 09:50 PM

Congrats & thank you for your service. I am not former military but retired last May & loving it! Enjoy.

CamaroIOM12 · 11-08-2018, 05:37 AM

Congratulations!!!!!!!!!!

batman53201 · 11-08-2018, 08:20 AM

thanks everyone

chef-beavis · 11-08-2018, 10:17 PM

Thank you ALL!

Smokin19 · 11-09-2018, 06:28 AM

Congrats on your retirement. I have been retired for over 10 years and it's great!

el ess A · 11-09-2018, 07:02 AM

Be prepared for "sticker shock". I retired this past April in my mid-50s and I've found out that I still have a propensity to think I'm still making bucks I used to.

We've invested wisely over the years so our retirement income at the moment is almost the same take home pay as before, but I need to wait on taking IRA dividends until 59 1/2 because I don't want to pay that 10% penalty for no good reason. Plus, we are pushing out taking social security for a few years past 62 because we can. It's about an 8% "raise" every year past 62 if you can wait it out.

This "Social Security supplement" - sounds like "income leveling" where they pay you almost the equivalent of your expected SSA income at 62 now until you reach 62, then pull that back when your SSA check comes in, thus "leveling" your income. If you live a good long time past that, you might lose out. Is that it? My wife and I both had that offered to us at retirement (different employers) and we both turned it down. If SSA gets cut in the future, we don't want our company retirement checks to get tagged. Plus that's just a big gap from 62 to whenever we decide we want to retire.

That's all drivel though. Prepare quickly though. These couple months will ZIP by quickly. I'm just now starting to forget what day of the week it is. Retirement is great if you're prepared for it.

Camaro_QC · 11-09-2018, 08:37 AM

On some papers received from my job, my retirement date is in January 2057... Oh well..

Congratulations by the way!

11-03-2018, 05:50 AM	#1
batman53201 Account not blocked Drives: The Batmobile Join Date: Mar 2013 Location: wisconsin Posts: 2,158 View My Garage	Retirement getting close to retirement. 57 days left and only around 25 more work days. Cant wait. I will have 37 years in, including 4 years military time. Best job ever. Where else do they pay you a social security supplement until you reach 62? __________________

11-03-2018, 06:46 AM	#3
Overflow Space Shuttle Aficionado Drives: 2016 Camaro 2SS Join Date: Jun 2010 Location: Tampa, FL Posts: 30,899 View My Garage	I have 16 years left of military service left until I retire! But seriously, congrats! __________________

11-03-2018, 02:25 PM	#7
ssrs2lt Drives: too many Join Date: Jul 2013 Location: oh va pa ma tx Posts: 3,046	Congrats that's excellent!! __________________

11-07-2018, 09:50 PM	#8
RubyCamaro Jan Drives: 2010 Camaro 1LT Red Jewel tintcoat Join Date: May 2010 Location: Springfield, TN Posts: 16,225 View My Garage	Congrats & thank you for your service. I am not former military but retired last May & loving it! Enjoy. __________________

11-08-2018, 05:37 AM	#9
CamaroIOM12 Jim Drives: 2013 2SS Camaro Convertible Join Date: Jun 2012 Location: PA Posts: 702 View My Garage	Congratulations!!!!!!!!!! __________________ "I'm that one shot one kill bringer of fate"

11-03-2018, 06:38 AM	#2
2SSRedline Drives: '18 Camaro SS Redline, '20 Bolt EV Join Date: Jul 2018 Location: Ohio Posts: 84	Retired at the end of July after 40 years and 6 days. Bought my '18 2SS the next day.

11-08-2018, 08:20 AM	#10
batman53201 Account not blocked Drives: The Batmobile Join Date: Mar 2013 Location: wisconsin Posts: 2,158 View My Garage	thanks everyone __________________

11-08-2018, 10:17 PM	#11
chef-beavis Drives: IOM 2013 2SS/RS, Greenie, 06 FXSTBi Join Date: Apr 2009 Location: Turd Town, WI Posts: 1,585	Thank you ALL!

11-09-2018, 06:28 AM	#12
Smokin19 Drives: 19' ZL1 A10, w/pdr Join Date: Sep 2014 Location: S.W. ohio Posts: 1,551	Congrats on your retirement. I have been retired for over 10 years and it's great! __________________ BTR Stg II cam w/ 38% fuel lobe, ARH 2" headers into 3" w/cats, AWE Touring, Kong X port, Weapon X triple ht exchangers, NW 103, Rotofab big gulp, DSX lowside, TCM tune, BMR Lockout, Mustang dyno 720 rwhp, 634 rwtq on 93 pump.

11-09-2018, 07:02 AM	#13
el ess A Older Than Dirt Drives: 2010 & 2013 Camaros Join Date: Apr 2010 Location: Aiken, SC Posts: 4,563	Be prepared for "sticker shock". I retired this past April in my mid-50s and I've found out that I still have a propensity to think I'm still making bucks I used to. We've invested wisely over the years so our retirement income at the moment is almost the same take home pay as before, but I need to wait on taking IRA dividends until 59 1/2 because I don't want to pay that 10% penalty for no good reason. Plus, we are pushing out taking social security for a few years past 62 because we can. It's about an 8% "raise" every year past 62 if you can wait it out. This "Social Security supplement" - sounds like "income leveling" where they pay you almost the equivalent of your expected SSA income at 62 now until you reach 62, then pull that back when your SSA check comes in, thus "leveling" your income. If you live a good long time past that, you might lose out. Is that it? My wife and I both had that offered to us at retirement (different employers) and we both turned it down. If SSA gets cut in the future, we don't want our company retirement checks to get tagged. Plus that's just a big gap from 62 to whenever we decide we want to retire. That's all drivel though. Prepare quickly though. These couple months will ZIP by quickly. I'm just now starting to forget what day of the week it is. Retirement is great if you're prepared for it. __________________ 2010 2SS TE, 1 of 822/2013 Camaro ZL1 vert, 1 of 54

11-09-2018, 08:37 AM	#14
Camaro_QC Drives: 08 Tiburon GS, 2018 Camaro 2.0T Join Date: Sep 2017 Location: Québec Posts: 1,657	On some papers received from my job, my retirement date is in January 2057... Oh well.. Congratulations by the way! __________________ 2018 Camaro LS \| 6 spd \| 2.0L turbo \| Nightfall Grey \| RS package \| Technology Package. --------------------- Order WDGHKX 1100 - 5/08/2018 \| 3800 - 6/18/2018 2000 - 5/09/2018 \| 4200 - 6/21/2018 3000 - 5/28/2018 \| 5000 - 6/27/2018 6000 - 6/29/2018