I retired at 51!

[Johney]

Let's wait till 59 and a half so you can get somebody out of your 401k

You can draw before 59&1/2 with no penalties if you're retired.

 

[IVE GOTTA PACKAGE 4U]

You kidding? That guy will be the first to cross the picket line.

If he does he's going to buy new vehicle here

 

[IVE GOTTA PACKAGE 4U]

You can draw before 59&1/2 with no penalties if you're retired.

Yes I know all about the rule of 55

But I have no plans on pulling that money at 59 and a half I want it to grow a little bit.
Also you check your state rules on that.
Because you can get hung up with a tax bill from the state.

 

[Thebrownblob]

You kidding? That guy will be the first to cross the picket line.

He told me the details of his new vehicle and he was pretty proud, at that point I really couldn’t say much because it’s really too late. If he went and returned the vehicle to the dealership it would be worth 20 or 30% less than what he paid for it already lol.

 

[Johney]

Yes I know all about the rule of 55

But I have no plans on pulling that money at 59 and a half I want it to grow a little bit.
Also you check your state rules on that.
Because you can get hung up with a tax bill from the state.

We have no state tax here.

 

[IVE GOTTA PACKAGE 4U]

We have no state tax here.

We don't either but I'm not sure if it's a penalty if you take it before 59 and a half

 

[BrownFlush]

Ups has taken 3 steps back to everyone forward. We used to get delivering by 9:50 after a sort. Now it’s after 11:00 because of EDD. screw edd and the new delivery system it’s like common core math! So glad I retired at 51 with pay every month!

Congrats.
Beat me by one year.
52 is when the magic began for me.

 

[BrownFlush]

I retired with pay every month!

Just thinking out loud, but would there be any other way to retire?

 

[BrownFlush]

But he may not be old enough for healthcare.

30 gets you the healthcare here. 51 is possible if you started at 21 I guess.

 

[BrownFlush]

your 401k

What's that?
When I I get Nov. pension check, that will make 468K.
Is it something like that?

 

[sailfish]

Just had a younger driver make it to scale last month. In the parking lot I see him in a brand new Jeep Commander with all the goodies already on it. His gift to himself was 75 months of payments of $1200+ smh.

Must've bought a time machine too considering they haven't made the Commander since the beginning of the last decade.

 

[IVE GOTTA PACKAGE 4U]

What's that?
When I I get Nov. pension check, that will make 468K.
Is it something like that?

Perhaps

 

[Thebrownblob]

Must've bought a time machine too considering they haven't made the Commander since the beginning of the last decade.

What’s that new ugly truck oh wait I guess it was gladiator lol getting my power full names for jeeps messed up. Be that as it may its commanding his wallet for the next five years.

 

[sailfish]

What’s that new ugly truck

That one with a useless bed? Gladiator?

 

[Thebrownblob]

That one with a useless bed? Gladiator?

Yeah I think it looks silly but what’s sillier is how much it cost

 

[BrownFlush]

Our highest seniority guys driver seniority is 89

My old center has a guy who started evening sort in High School in 1973 a day or two after his 18th birthday.
Driver @ 21. Been in feeders since 2000.
Been capped out years ago with how much pension he would get.
Thank God for men like this. It's good for the fund.

 

[542thruNthru]

And if they ever offered a 30 and out at any age to me with no reduction in pension and an option for healthcare I would be gone tomorrow.

I'm so sorry you don't have what we have.

 

[Thebrownblob]

My old center has a guy who started evening sort in High School in 1973 a day or two after his 18th birthday.
Driver @ 21. Been in feeders since 2000.
Been capped out years ago with how much pension he would get.

Yep we have some guys in feeders from the early 70s

 

[IVE GOTTA PACKAGE 4U]

30 gets you the healthcare here. 51 is possible if you started at 21 I guess.

So many hard decisions

 

[BrownFlush]

Yep we have some guys in feeders from the early 70s

It's sad.