Monday, May 7, 2012

It is Official, we are NOT moving

The last few months have been uncertain for sure, in that Rod's job was moved to Raleigh NC. This was officially announced the end of March. The rumors were swirling for a few months before that.

We spent this past weekend there on a "house hunting" trip which was lovely. Fidelity put us up in a 5-star hotel, fed us very well, had management staff present at receptions to schmooze with and encouraged us to take whatever time looking around that we needed.

The great part about this decision is that we do not have a BAD decision. We would be well compensated if we moved.  On the other hand, because of Rod's age and tenure, we will also be well compensated if he stays to the end of the project, September 2013.  At that point he leaves Fidelity after almost 25 years, with a very generous severance and retention bonus.

We always said we wanted to retire at 55. I loved my job so worked until 56.5 and Rod will be a similar age in 2013 when he leaves Fidelity.

Our interest was peaked as we both love an adventure, and that is how we viewed moving there for a couple of years. Financially it did not make sense to be disrupted. In the process of this decision, we realized that we have never had to prepare a house to sell. The thought of removing all of the clutter from this house was enough for me to stay here, but I would have done that if we had decided to move.

So, we will remain in our house, and stay with our community and my family, and we will search elsewhere for an adventure.
- Posted using BlogPress from my iPad

2 comments:

susanb said...

Yay!!!!! There are tons of adventures you can do and then come home to your nice house and community!

Bernie said...

GREAT!

A good financial deal, retirement at 56. What's wrong with this picture? NOTHING. Please, please, use the found time to do, just do, anything and eveyrthing you've ever wanted. Sue and I've had five great retirement years; your'll have three times that. My travelin' days are probably over, but Sue's still alive and well, and I hope she travels her butt off!

Love ya' both, and CONGRATULATIONS!

Bernie