I'm 60 and I took a retirement package last year that was offered to several 1000 people at Applied Materials. I was working as a CNC machining subject matter expert doing should costing and DFx review. Had to meet a few requirements to qualify. It was too lucrative not to take it. Everybody that I know that was offered the package whether they worked there for 3 years or 25 years took it. Had to be over 50yrs age, with the company at least 2 years, and your age and years of service had to equal 55 or more. 1 yr salary, 30k in cash and unvested shares of stock at $77.00 a share . Can be rehired after 2 yrs of absence.
My retirement lasted about one month when I was referred by a friend for an Estimator position at a small CNC machine shop making about the same money but without all the perks.
They say if you find a job that you love, you'll never work a day in your life. It's like that, it's seemless and 2nd nature after 45 yrs in the trade being a 2nd generation machinist. I'm not looking to retire anytime soon and I don't even consider this job work, just a place to hang out and observe operations, quote accordingly and interpret drawing requirements. "So simple so easy".
I still haven't got the 67 Tempest Custom going since my last posting, but working on the issues. I'm still trying to finish my 1963 Apollo 3500 GT as well. I picked up an Apollo GT parts car 2 yrs back as a guide to help finish it. I'll post an update soon and possible future plans of the Apollo GT recreation. [emoji6]
Enjoy your retirement. Like others said, time does fly by. The last 10 years have seem to whizz right by.
Sent from my SM-G970U using Tapatalk
__________________
1967 Pontiac Tempest Custom
1963 Apollo 3500 Gran Turismo
|