Bold leap into retirement

Moonwolf

I’ve done it. My 90 day notice went in this morning so now I have to go on the 31st March. Pot is £375k today. I’m 59 but I’ll have 2 DB pensions totalling £10k a year by this time next year and another £14k when I’m 65 with full sp two years later. A few nerves kicking in.

Smudgeismydog

Congrats @Moonwolf, what a start to 2025 for you

very best wishes

katejo

Moonwolf said:

I’ve done it. My 90 day notice went in this morning so now I have to go on the 31st March. Pot is £375k today. I’m 59 but I’ll have 2 DB pensions totalling £10k a year by this time next year and another £14k when I’m 65 with full sp two years later. A few nerves kicking in.

Congratulations @Moonwolf ! I am hoping to take the plunge later this year but I can't get my head around no longer 'saving' as much and actually spending some  of it. I am due to go back to work next Monday 6th and I am not looking forward to it. 

pterri

katejo said:

Moonwolf said:

I’ve done it. My 90 day notice went in this morning so now I have to go on the 31st March. Pot is £375k today. I’m 59 but I’ll have 2 DB pensions totalling £10k a year by this time next year and another £14k when I’m 65 with full sp two years later. A few nerves kicking in.

Congratulations @Moonwolf ! I am hoping to take the plunge later this year but I can't get my head around no longer 'saving' as much and actually spending some  of it. I am due to go back to work next Monday 6th and I am not looking forward to it. 

I’m off next July, I’ve let my project manger know because I know him from ages ago and he’s a very decent guy. So he can get ducks in a row, I’ve not told my ‘official’ l8ne manger who. I barely interact with. I’m may do that so I can have an easy off ramp. 

FIREDreamer

Sarahspangles said:

I wish I’d made a note of my first working day as I’d like to know when the anniversary was! It was a Saturday job on a till and my memory says it was a week after my last O level exam. The earliest NI contributions I can see in the HMRC app are £19.91 in the year I turned 19.

Mine was 10 January 1988, age 23. I retired on 30 June 2024 age 60 so a sentence served of just under 36.5 years.

LHW99

FIREDreamer said:

Sarahspangles said:

I wish I’d made a note of my first working day as I’d like to know when the anniversary was! It was a Saturday job on a till and my memory says it was a week after my last O level exam. The earliest NI contributions I can see in the HMRC app are £19.91 in the year I turned 19.

Mine was 10 January 1988, age 23. I retired on 30 June 2024 age 60 so a sentence served of just under 36.5 years.

My first was aged 12 at a local holiday camp, handing out the staff post for an hour on a Saturday morning. The first one where I needed an NI number was a month short of my 14th birthday where I got a job doing the tea urn at a race meeting for four days with my best friend who was a couple of months younger.

I'm still working part time (but over SPA) so almost 60 years at one thing or another.

katejo

FIREDreamer said:

Sarahspangles said:

I wish I’d made a note of my first working day as I’d like to know when the anniversary was! It was a Saturday job on a till and my memory says it was a week after my last O level exam. The earliest NI contributions I can see in the HMRC app are £19.91 in the year I turned 19.

Mine was 10 January 1988, age 23. I retired on 30 June 2024 age 60 so a sentence served of just under 36.5 years.

My 1st working day must have been in May 1983 when I got a live in job at a CHA guest house in North Wales. However my proper long term job started in July 1990 age 27. 

katejo

pterri said:

katejo said:

Moonwolf said:

I’ve done it. My 90 day notice went in this morning so now I have to go on the 31st March. Pot is £375k today. I’m 59 but I’ll have 2 DB pensions totalling £10k a year by this time next year and another £14k when I’m 65 with full sp two years later. A few nerves kicking in.

Congratulations @Moonwolf ! I am hoping to take the plunge later this year but I can't get my head around no longer 'saving' as much and actually spending some  of it. I am due to go back to work next Monday 6th and I am not looking forward to it. 

I’m off next July, I’ve let my project manger know because I know him from ages ago and he’s a very decent guy. So he can get ducks in a row, I’ve not told my ‘official’ l8ne manger who. I barely interact with. I’m may do that so I can have an easy off ramp. 

My project manager/line manager are essentially the same person. I have hinted to her but haven't said much to the others. 

cloud_dog

Whilst I already 'handed my notice in' back in August with a Xmas end point (and then extended to end March 25), I've never received any confirmation communication from HR, so my first job tomorrow will be to give the relevant people a nudge so as to get a definitive date.  

I'm not 100% on how they accrue annual leave, but assume it is whole days per month, which should mean I'll have 6 days A/L (2 were carried forward), so my last day might be Friday 21 March (assuming I take the time off) or Monday 31 March (assuming they pay me for the remaining leave). 

I'm guessing it will be 21 March. 🤞

michaels

11 April