Retire Early?



Today, I have been having serious doubts about my decision to retire early. First on my list is that the retirement check is not enough. I knew this before retiring but the plan was to retire to allow us to move several hundred miles away from the big City in which we lived, to a much smaller City several hundred miles away. I planned to continue the same job in the smaller City and I did, for about 6 weeks until I could not stand it any longer.  The new job managed to perfectly blend the worst aspects of working in the 1970’s with the worst aspects of working in the present day. I doubt that it was planned that way but that’s the way it was and I couldn’t stand it, so with the small pension giving me a little more freedom than I had in the past, I politely told them to shove the job and went back to “retirement”. One day I will be specific about the profession that I was working in and I expect that you all will understand me better. All I am willing to say now is that the job can be dangerous and I was always coming into contact with crazy people and very emotionally needy people. Dealing with these people was not strictly part of the job, but over the decades, they have been unofficially added to the job responsibilities. The reason? who knows but I would guess that some smart ass somewhere figured out that he/she could add it to our job responsibilities and thereby save money by eliminating whole social services departments.

I also have a suspicion that I do not like small Cities. I have always liked to be an unknown when going about my business. This is the first time that I have lived in a small place and I am getting the impression that I cannot keep a low enough profile because it is small. Time will tell.

I was not particularly happy in the job that now supplies my retirement check, but I was known, knowledgeable about the job, knew all of those little procedures that are vital to the job but strangely never make it into the operating manual (funny how that works ?) and respected mostly. I had very serious doubts about retiring before I did so but my wife could not take the large crime ridden City anymore and she could take her job with her, so we took the chance that my employment would work out. For the last few weeks I have been applying for part-time jobs that require little thought. I have not received one positive reply, I have hardly received a reply at all. I only need a few dollars to make up my pension but it seems that I am not qualified for the most tedious and modest of jobs.

Tomorrow I will be back to looking for self employment ideas and testing them out, that would make me much happier anyway. As I test the contractor and self employment opportunities, I will let you all know the details and if it is worth trying.  My first contractor work will be Instacart, I will update the blog and the Generating Money page with the details. At this time, it looks ok and will probably generate more cash for less time worked than traditional employment as long as you don’t take benefits and social security payments into account.

Stay tuned for more info………..

Pensions, Are You Eligible?


UK Armed Forces Preserved Pension


If you have served 2 years or more in the UK Armed Forces, you will be entitled to a pension. The age at which you can claim the pension depends upon various factors,

AFPS 75 deferred pension member whose service ended before 6 April
2006, should claim their pensions, from Veterans UK, at age 60.

AFPS 75 deferred pension members whose service ended on or after 6 April
2006, but who had at least two years service before 6 April 2006, should claim
the proportion of their pension which relates to their pre 6 April 2006, service
at age 60 with the remainder becoming payable at age 65.

AFPS 05 was introduced in 2005 and for those joining or rejoining the Regular
Armed Forces from 6 April 2005. Serving members of AFPS 75 were given
the opportunity to transfer to AFPS 05 by 6 April 2006.

AFPS 05 deferred pension members should claim their pensions from
Veterans UK at age 65

RFPS 05 is a scheme applicable for those starting or renewing a Full Time
Reserve Service commitment /contract from 6 April 2005 and Serving
members of FTRSPS 97 were given the opportunity to transfer to RFPS 05 by
6 April 2006.
AFPS 05 and RFPS05 deferred pension members should claim their pensions
from Veterans UK at age 65.

Further information is available Click Here