Jun 16, 2021 03:20PM notascalmasilook wrote:
I’m thinking about my options so deeply right now! It’s been about a year since DX. I’m 10 years from full retirement, 7 years from early retirement. The pandemic and Cancer have me thinking about why I’m working, what I’m doing, who I am doing it with, and all that goes with it.
Financially I am in a good place. We can pay all the bills on my husband’s income IF we pay off the mortgage. (Paid off the car earlier this month). Mortgage should be able to be paid in the next 6-18 months .
We work for the same employer, so we can switch health insurance to him in November during open enrollment. Same policy. Same coverage. Same price. I just need to stay in place till January 1st for that switch to take place
I can separate my payroll deductions for life insurance and Aflac Cancer and Short Term disability to direct payment. Employer never subsidized those payments anyway.
I have a separate retirement account that I can withdraw from as soon as a leave this employer, without penalty, regardless of age. It can serve as a safety net of sorts.
Maintaining Aflac cancer plan means they will keep paying me monthly for my AI and Verzenio. That will pay for health insurance premium and life insurance and Aflac premiums.
- I can stay in my position.
- I can take a different position with same employer for less money, less responsibility, less hours, ormore/new challenges, whatever
- I can take a job with another employer
- I can stop working all together.
Looking at the calculators my odds of survival for ten years (when I’d be full retirement eligible) is about 80%. It drops for 15 years. I want to enjoy my retirement!
I think about this a lot!