As per others, a good story. To the point at hand, consider tacking most/all of it on at the end, e.g. leave 5 weeks earlier than last day of work is one example. The manager may prefer this anyway.
- Work: I had most of December off and didn’t miss work at all. So, pretty sure I’m not going to miss it when I retire. I still have another week off and am planning to hand in my resignation letter the week I’m back in the office. It’s 15 weeks to go until retirement and I have about 5 weeks of vacation so I’m going need to discuss with my manager how I deploy my vacation time the rest of the way.
Wow this really is exciting. I'm very happy for you!Work: I had most of December off and didn’t miss work at all. So, pretty sure I’m not going to miss it when I retire. I still have another week off and am planning to hand in my resignation letter the week
It went as well as I could have hoped for so far. After updating me what went on with the team during my time off and how things were shaping up for work in the new year, I had a chance to share my thoughts on the upcoming year. So I just blurted out that I'm going to be resigning. That kind of caught of caught my boss off guard of course. I think he was a bit concerned because I didn't say intially say why. After I explained it was because I was retiring, he seemed happy for me. We also kind of chatted generically about the financial aspect as he's also interested in retiring early.hearing how your resignation notice goes over with your company!
We did discuss at a very high level some of the details for my remaining 3 months. My boss didn't care how I'm planning to use my remaining vacation time. I told him I'll just fit it in here and there which he was fine with. I'm currently not planning to backload it because I'm trying to finish up a couple of in-flight projects which have timing that kind of aligns with my retirement date. My boss seems to be ok with me just focusing on what's currently on my plate and not assigning me any new projects/work assignments because it doesn't make sense for me to start on something new for a month and then having to spend a few weeks knowledge transferring. He also agreed to keep my retirement in confidence, other than to my VP who needs to sign off on initiating the process to find a replacement. We'll see how keeping my retirement a secret goes.Consider tacking most/all of it on at the end, e.g. leave 5 weeks earlier than last day of work is one example. The manager may prefer this anyway.
Normally, I'd be checking email pretty frequently during vacation but I started to let it slip during the latter half of my time off over xmas. And I agree, it was VERY pleasant to de-stress from the responsibility! And similarly, it was soul-crushing my first day back when I hadn't even had a chance to get settled and reorientated before I had to jump on a zoom call to get drilled for various status updates.As someone who went on "sabbatical" for a bit, but then resumed working... I can say that the months where I was completely work-free were VERY pleasant. And recently, I took the second half of December off, and had an incredible time just enjoying the time and freedom. Now that I'm back to work in January, it's a bit soul-crushing.
And I knew that inbox full of work emails and never-ending tasks was just sitting there, waiting for me to come back to the [home] office.
My company has gone electronic so a recent retiree said that the congratulations email from his boss included the steps to signin to the application to electronically submit the resignation, including the date.When I decided to retire, my notice consisted of an email to my boss with 2-3 sentences (give or take). It was simply to the point for formality only. Anything else can be said verbally at one's retirement luncheon ...
Talking to recent retirees and/or the pension/benefits person can avoid costly mistakes.... I still recommend NOT providing more than 3 months notice, and preferably less. Being sidelined and no longer taken seriously after notice can be a slow ticking clock. 90 days can feel like 180 days.
I think it's also possible to set this up with TD so that dividends go directly to a TD chequing account. I haven't done it, but I seem to remember hearing about this at some point.Retirement Finance Prep: Although I asked to have my synthetic DRIP’ing turned off at the end of December, a few shares still DRIP’ed. I had to call up TDDI to confirm they in fact turned it off.
I think what I recall is a process of sweeping up the investment income once each month and transferring to a bank account. It is easy enough though to do that manually as part of one's regular housekeeping, e.g. downloading the monthly statement.I think it's also possible to set this up with TD so that dividends go directly to a TD chequing account. I haven't done it, but I seem to remember hearing about this at some point.
I think it's better to do it yourself, actually. You probably want to track how much money flows in or out of your investments, to calculate XIRR over the years.I think what I recall is a process of sweeping up the investment income once each month and transferring to a bank account. It is easy enough though to do that manually as part of one's regular housekeeping, e.g. downloading the monthly statement.
Yeah, I'm kind of looking forward to doing that baseline. I'll likely do a snapshop mid-April on what I consider my official retirement date. I kind of like looking back at how things evolved. Heck, I can't believe I posted an monthly update for close to 5 years, though I kind of like the forced habit of doing a regular status check.One thing for certain. Your next update will be the reference point for the start of retirement. You will need to save a copy of of your Apr 2nd post for reminiscing circa April 2032.
I'm with you there.