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Retirement

Topic closed. 114 replies. Last post 4 years ago by billionaire2bee.

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United States
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July 25, 2012
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Posted: December 16, 2012, 9:37 am - IP Logged

So let's say you won a jackpot.....whatever amount.....but at your job you've been there for 18 years....you can get your retirement in 2 yrs...Would you take your jackpot and continue to work those 2 yrs to get your full retirement....or would you just throw in the towel and quit??? I for one couldn't just quit...I EARNED that money and all I'd had to put up with over the years...I'll be darned if they won't give it to me...I would for one go ahead and burn up my vacation time instead of just cashing it in though........LOL...So would you stay or just go...

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    Republic of Texas
    United States
    Member #57557
    January 9, 2008
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    Posted: December 16, 2012, 9:42 am - IP Logged

    So let's say you won a jackpot.....whatever amount.....but at your job you've been there for 18 years....you can get your retirement in 2 yrs...Would you take your jackpot and continue to work those 2 yrs to get your full retirement....or would you just throw in the towel and quit??? I for one couldn't just quit...I EARNED that money and all I'd had to put up with over the years...I'll be darned if they won't give it to me...I would for one go ahead and burn up my vacation time instead of just cashing it in though........LOL...So would you stay or just go...

    My limit for full retirement is to have $10m packed away. So whether or not I have a retirement fund due to me in 2 years has no bearing.  If I don't have $10m put away, I continue to work at my job. It's not so horrible that I'd walk away from it after a jackpot win. Past jobs, yes. Current job, no. In either case, I don't have a retirement fund that is tied to a particular employer. I have a 401k and IRAs.

    face

    singlewinnersinglewinnersinglewinner   

      Artist77's avatar - batman14

      United States
      Member #121745
      January 16, 2012
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      Posted: December 16, 2012, 9:57 am - IP Logged

      My limit for full retirement is to have $10m packed away. So whether or not I have a retirement fund due to me in 2 years has no bearing.  If I don't have $10m put away, I continue to work at my job. It's not so horrible that I'd walk away from it after a jackpot win. Past jobs, yes. Current job, no. In either case, I don't have a retirement fund that is tied to a particular employer. I have a 401k and IRAs.

      Most employers have 401k /portable plans and they vest after you have been there for anywhere from 6 months to a couple of years. Sometimes you may lose their contributions to your plan(the few employers who contribute any longer) if you leave prior to 1-3 years, but not your own money. I have friends who did/or do work for the government as well and even the fed. govt made their own system portable in the 1980's (for new employees who started after sometime in 1986 I think. If you are older, then you would be out of luck). But I guess one could negotiate an early retirement in a number of situations.

      J'aime La France.


        United States
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        July 25, 2012
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        Posted: December 16, 2012, 10:50 am - IP Logged

        Most employers have 401k /portable plans and they vest after you have been there for anywhere from 6 months to a couple of years. Sometimes you may lose their contributions to your plan(the few employers who contribute any longer) if you leave prior to 1-3 years, but not your own money. I have friends who did/or do work for the government as well and even the fed. govt made their own system portable in the 1980's (for new employees who started after sometime in 1986 I think. If you are older, then you would be out of luck). But I guess one could negotiate an early retirement in a number of situations.

        Good points.....but if you HAD to work those two years....to get your 20 yr retirement.......would you? Or not?


          United States
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          Posted: December 16, 2012, 12:27 pm - IP Logged

          Good points.....but if you HAD to work those two years....to get your 20 yr retirement.......would you? Or not?

          Are these test questions??? Im starting to feel like Im being schooled here b2b...........


            United States
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            September 7, 2011
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            Posted: December 16, 2012, 12:28 pm - IP Logged

            So let's say you won a jackpot.....whatever amount.....but at your job you've been there for 18 years....you can get your retirement in 2 yrs...Would you take your jackpot and continue to work those 2 yrs to get your full retirement....or would you just throw in the towel and quit??? I for one couldn't just quit...I EARNED that money and all I'd had to put up with over the years...I'll be darned if they won't give it to me...I would for one go ahead and burn up my vacation time instead of just cashing it in though........LOL...So would you stay or just go...

            Perhaps you have an overactive imagination, or to much time on your hands?????Lurking


              United States
              Member #116268
              September 7, 2011
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              Posted: December 16, 2012, 12:31 pm - IP Logged

              So let's say you won a jackpot.....whatever amount.....but at your job you've been there for 18 years....you can get your retirement in 2 yrs...Would you take your jackpot and continue to work those 2 yrs to get your full retirement....or would you just throw in the towel and quit??? I for one couldn't just quit...I EARNED that money and all I'd had to put up with over the years...I'll be darned if they won't give it to me...I would for one go ahead and burn up my vacation time instead of just cashing it in though........LOL...So would you stay or just go...

              It is kinda fun reading questions that dont apply to me....... Im glad I dont have a job and dont need to answer the dumbbie test questions.LOL


                United States
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                September 7, 2011
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                Posted: December 16, 2012, 12:33 pm - IP Logged

                Do you have any questions for people who don't plan on retiring????

                  savagegoose's avatar - ProfilePho
                  adelaide sa
                  Australia
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                  April 11, 2006
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                  Posted: December 16, 2012, 12:45 pm - IP Logged

                  i have already retired,  years ago infact. i just havent told my boss yet.

                  2014 = -1016; 2015= -1409; 2016  = -1171; 2017 = ?  TOT =  -3596

                  keno historic = -2291 ; 2015= -603; 2016= -424; 2017 = ? TOT = - 3318


                    United States
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                    Posted: December 16, 2012, 12:53 pm - IP Logged

                    i have already retired,  years ago infact. i just havent told my boss yet.

                    Your boss probably only wants "need to know" information anyway...... Keep up the great work......

                      Artist77's avatar - batman14

                      United States
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                      January 16, 2012
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                      Posted: December 16, 2012, 1:07 pm - IP Logged

                      Are these test questions??? Im starting to feel like Im being schooled here b2b...........

                      lol Welcome to the overly strict bizarro classroom.

                      BB must not have actually taught a real life class. I have and hypothetical questions are meant to evoke discussion, not a right or wrong answer. I actually learned something from the person who said something about checking the time on tickets.

                      J'aime La France.

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                        Columbia, SC
                        United States
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                        November 21, 2012
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                        Posted: December 16, 2012, 1:13 pm - IP Logged

                        Perhaps you have an overactive imagination, or to much time on your hands?????Lurking

                        I Agree!


                          United States
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                          September 7, 2011
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                          Posted: December 16, 2012, 1:25 pm - IP Logged

                          lol Welcome to the overly strict bizarro classroom.

                          BB must not have actually taught a real life class. I have and hypothetical questions are meant to evoke discussion, not a right or wrong answer. I actually learned something from the person who said something about checking the time on tickets.

                          Good one.... Unless it was love at first sight, I dont think two people are going to bump into each other and permanently mix up their lottery tickets with each other......... lol.


                            United States
                            Member #116268
                            September 7, 2011
                            20244 Posts
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                            Posted: December 16, 2012, 1:25 pm - IP Logged

                            lol Welcome to the overly strict bizarro classroom.

                            BB must not have actually taught a real life class. I have and hypothetical questions are meant to evoke discussion, not a right or wrong answer. I actually learned something from the person who said something about checking the time on tickets.

                            I like the time stamp idea too, but in AZ they must code it because Ive not deciphered one....

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                              Ga
                              United States
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                              December 20, 2011
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                              Posted: December 16, 2012, 1:29 pm - IP Logged

                              No I would quit as soon as the money was in my hands. Full retirement I'll take three austere pension or just cash it in whatever has the softest hit in the final number. By jackpot I gonna guess you mean never work agian money $5 million and up. Why waste time at a what $50000 even $200000 job when u can get more than that with conservative investing?