Skip to main content
No. of Recommendations: 7
Congratulations, AJ!! So what led you to retiring?

It's been my goal to retire in 2017 (the year I turn 55) for about 10 years now, because I'd be able to access my 401(k) without penalties and without having to take SEPP. Despite several changes to my 401(k) plan during those 10 years, those provisions remained in place for my plan. Then, my investments reached a level where I considered myself "FI" a couple of years ago, so I made it pretty clear to my manager and his manager that 2017 was the year I would retire. We put together a plan to train my replacement, which I did during 2016.

I had considered retiring in February, after bonuses were paid for the year. But the person who I had trained to replace me had to go out on a medical LOA for a few months, and I stayed until after she returned. Then I figured as long as I had stayed that long, I may as well stay long enough to max out my 401(k) for the year, which happened with my end of September paycheck.

Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.