Ok, Now it is my turn...

[Skytrooper]

Last week corporate decided to let us know that we are going to be closing. The transition team which is redistributing our product line to other subsidiaries, will start in Jan 2020.
I turn 60 next year and will start receiving my Army pension on top of the DoD pension I am currently collecting.

I just wonder if I should try transferring to one of the subsidiaries that is picking up our product line for a couple more years, or if I should just bag it and retire at 60. My wife and I had planned on 62.

I am curious to the input the PPBT can provide.

Thanks,
Matt

[flatbutt]

I highly recommend retirement. Especially if you have other interests to indulge in. It sounds like you have a well deserved pension so if finances are secure go for it!

[biosurfer1]

I say transfer and see if you like it, if not, you know what plan B is.

[Seahawk]

First, thanks for all you did.

The best advice I have read concerning these transitions is to expect change, to make adjustments as you move into retirement or working less than full time.

Goeth with the floweth.

As I have mentioned a few times before, we use retired folks all the time as 1099's in NC. The main reason they want to 1099 is not boredom or money, rather being involved in cool projects with both young and old engineers.

The skill sets are amazing. We have one guy who sold his circuit-board company in Florida for a lot of money...he works maybe 5/6 hours a week, unless he wants to work more, and loves. He is very skilled and has a great sense of humor.

The one piece of advice I got from a good friend of mine, a retired USMC LtCol, that I found invaluable when I retired from the military was to not do anything for at least six weeks, unplug, get some of the go, go, go out of your system before making any decisions on the future.

Best of luck and thanks again!

[Skytrooper]

The part that stinks is that I actually enjoy what I do now. I am the Final Quality inspector for a wide range of military and commercial aerospace instrumentation and mission systems. It really dove tailed nicely into my previous military and DoD experience. Do I follow the ASW to x or instrumentation line to xx, or just say its been a helluva ride ?
I have been at my position for 3.5 years and I am the only person with aviation experience. This has served me very well. I have finally gotten used to the civilian company mentality (at least at work). I think Biosurfer had a good point....transfer and if I don't like it, I already have plan B.

At least there is plenty of time to decide...

[cabmandone]

Originally Posted by Skytrooper

The part that stinks is that I actually enjoy what I do now. I am the Final Quality inspector for a wide range of military and commercial aerospace instrumentation and mission systems. It really dove tailed nicely into my previous military and DoD experience. Do I follow the ASW to x or instrumentation line to xx, or just say its been a helluva ride ?
I have been at my position for 3.5 years and I am the only person with aviation experience. This has served me very well. I have finally gotten used to the civilian company mentality (at least at work). I think Biosurfer had a good point....transfer and if I don't like it, I already have plan B.

At least there is plenty of time to decide...

If you love what you do and you'd be doing the same thing by transferring, I say transfer. If you're financially able to retire and work keeps you from doing things you'd rather be doing, then hang it up. That's how I'd approach it.

[sammyg2]

Originally Posted by Skytrooper

Last week corporate decided to let us know that we are going to be closing. The transition team which is redistributing our product line to other subsidiaries, will start in Jan 2020.
I turn 60 next year and will start receiving my Army pension on top of the DoD pension I am currently collecting.

I just wonder if I should try transferring to one of the subsidiaries that is picking up our product line for a couple more years, or if I should just bag it and retire at 60. My wife and I had planned on 62.

I am curious to the input the PPBT can provide.

Thanks,
Matt

don't ask me, I tried to retire twice and it didn't take.
All I can say is, do what you enjoy. Whether that's work or leisure is up to you.

[KFC911]

Originally Posted by sammyg2

....
All I can say is, do what you enjoy. Whether that's work or leisure is up to you.

^^^^ It's your call ...

Nicely done!

[rfuerst911sc]

What does transfer mean ? Transfer locally ? Or you have to sell your house and move ? Big difference . Only you and your wife can decide if retiring now vs. two years from now is the right decision . I retired almost a year and a half ago at age 60 .......... I love being retired ! But I do stay very busy ....... too busy actually . My wife is also retired . Good luck with your decision and thanks for your service .

[ramonesfreak]

Can’t help ya but greetings from another pelican local to you. Didn’t know of any here except one other guy from Fairport

[Baz]

I just want to say thanks for your service to our country, Matt.

Whatever you decide, you'll be fine, I'm sure.

All the best to you, sir!

Baz

[LWJ]

Two words: severance check

They would put you on COBRA also.

[Skytrooper]

Thanks everyone ! I appreciate the input !
To transfer would mean a substantial move, either Indiana or Kansas. I was hoping for something to open up in the UK, but alas it is all staying in the US. At the very least I do not have to make an instant decision. I appreciate everyones thoughts because someone might hit on an area or idea that I hadnt thought of

[cabmandone]

Indiana and Kansas being the choices seems to make the decision pretty easy.

[LWJ]

You could live like a KING in Indiana or Kansas. Housing cost is pennies from what I pay in Portland.

[KFC911]

Originally Posted by cabmando

Indiana and Kansas being the choices seems to make the decision pretty easy.

LOL...I'm bettin' Skytrooper's name ain't Toto....and he doesn't seem like a racing tire brand either ...

Enjoy, congrats, and thanks! Whatever you opt to do...

[glewis80SC]

At a recent retirement dinner for one of the Captains and my station got to talking to several retired guys and they all said they should have done it earlier. Nobody said they should have worked longer....if you can I say do it.

[peppy]

If you can, retire. My wife retired last year and I am soooo jealous (she was 49).

[legion]

Are any of the new positions in a different location? Like closer to where you want to retire?

[onewhippedpuppy]

Where at in KS?