Last week, I received my 2017 Personal Statement of Benefits from the US Postal Service. It seems that, whenever I start to seriously consider quitting my job, they somehow sense that, and mail these yearly reminders out to all of their employees. Damn them.
The benefits statement sums up, in numbers as well as with pretty charts and graphs, exactly what our jobs are worth, beyond the basic annual “cash compensation.” They factor in the full dollar values of our health insurance, life insurance, pension and other retirement contributions, Social Security, Medicare, and paid time off (holidays, vacation, and sick days). In the end, they make the job look pretty darn good – at least on paper – and infinitely harder to walk away from.
They also include our earliest eligibility dates for retirement. Mine is in 2027 – 10 years away. Wait. I can retire in 10 years, with a pension and health insurance?! How could I possibly be that old? Do I think I could make it that long? Right now, I don’t believe that I could.
But then again, I never thought I’d make it this far either.
I’ve been working at the post office for a little over 10 years already. I just kept telling myself, “One more year. One more year.” And here I am. This year is a little different, however. If I stay “one more year,” my house will be paid off next summer. My husband will be old enough to qualify for Medicare(!). My savings account will be that much bigger. And if I wait until next year, I’ll be able to leave my job debt-free and in a much better position to enjoy my hard-earned freedom without any big financial obligations hanging over my head.
But then again, I’ll be another year older, physically and mentally. Ugh.
I don’t know. I’m on the fence and swing back and forth at least a hundred times a day. Another year could make a huge difference in my finances. I also get a lot of paid time off, and if I use it wisely, I could minimize my 6-day workweeks for the next year and slowly ease myself into early retirement.
And what if I decide to stay even beyond that? I wonder what it would feel like to go to work every day because I want to, not because I need the money. Could the knowledge that most of my income is disposable lead to an entirely different sense of freedom: control and security, with benefits?
But then again, golden handcuffs are still handcuffs. Ouch.
I keep reminding myself of how lucky I am to be in such a predicament. It’s good to have the luxury of choice, although constantly reevaluating my options is exhausting. Either way, I know I’ll be just fine. The timeline is getting shorter. So I think, for now, my new mantra will be “One more month.”
We can do this!
I always used to think, ‘but you may not live another year’. Not that I’ve got anything, just that life is unpredictable. A lot of people don’t realise that you don’t need as much money as you think you do.
So true, on both counts! Sometimes I’ll think, “If I knew that I only had one year left to live, would I spend it working at the post office?” The answer is always no, but then I get stuck in this scarcity mindset, like if I give up my “secure” government job, I’ll be destitute and unable to earn another dollar. Ridiculous, right?