So, I got a phone call this morning from the office manager of the architectural firm I used to work for.
I had a substantial 401K through them that, of course, is now totally under my own control.
What I did not know is, the firm closed permanently, less than a month after I was gone (back in early March).
I was a bit surprised, but not totally shocked.
2 of the 3 principal partners were at retirement age, and were both worth well into 7 figures. The other principal partner and junior partner are into 7 figures as well, but only in their early 50’s, so decided to found their own firm.
Anyway, the call was in regard to the cash balance profit sharing pension plan the firm also provided for us.
I’ve definitely kept up with the 401K, but basically forgot about the profit sharing thing, as it was controlled by the firm, and not through John Hancock like the 401K.
We could find out what was in that account any time we wanted, and they briefed us individually on it once a year, but it was more out of site, out of mind.
Let’s just say, I’ve been referring to myself as semi-retired over the last several months (while at home taking care of terminally ill MIL, etc.), but now I’m officially calling myself retired…!!!!!!!!!!!
I’ll probably get something part time and low stress, at some point, just to get my ol’ beeeeeeehind outta’ the house, but no more rat race craziness…!!!!!
Feels good…!!!!!