|There are worse jobs than mine!|
There's nothing like a bad day at work to get a person (me) crunching the ol' numbers into the retirement calculator!! Yup, it was one of those days when one of my staff members crossed the line into work refusal and insubordination - not directed at me, no even worse, directed at the Dep't Head of special ed at our highschool. Oh yeah, it wasn't pretty.
So for the past couple of hours I've been checking out my teacher's pension, creating scenarios to see if I really can afford to retire two years early (June, 2014). Then I went on the CPP site to get an estimate on my monthly Canada Pension as well as OAS (Old Age Security). Add it all together and it works out to approximately half of what I'm earning right now.
As luck would have it we are currently living on 34.6% of my income. The rest goes to savings and debt repayment. So it is doable. With some to spare. The lowest amount would be the two years between when I'm 58 and 60 as CPP doesn't kick it until age 60 at the earliest. However I have RSPs and savings too. We certainly wouldn't be taking trips around the world every year but we could afford to come and live with YOU a few months out of every year tee hee!
Not only was I plugging numbers into the calculator at a furious pace today I also registered at our board website so I can see available postings in case I want to quickly EXIT, STAGE LEFT!! I don't really want to transfer but I do want to keep my options open and be ready if something interesting comes along.
My motto has always been: BE PREPARED!! and no I wasn't a Girl Guide or even a Brownie...I only made it as far as being a "Spark"! I used to be pretty mouthy as a child...sassy I think my Dad called it, as in "don't sass your mother!" Oh I am rambling on tonight! It's a sign of my disturbed mind. The worst thing about today was when 2 of the EAs said that some of our students don't belong at school (kids with autism can show some aggression from time to time but we've had NOTHING even remotely serious so far this year)!! I was actually ready to smack somebody! (and NOT the students!!) I'll show ya who doesn't BELONG!
Now I better get on my bike and ride my stress away!! It's either that or drink a bottle of wine and it's too late to go buy any and anyways I'm on my 3rd NO SPEND day and don't want to spoil it now.
I'm not even going to go back and edit this so please disregard any typos!!