hello and goodbye to you Pfizer friend

I'm ready to retire!

both husband and wife career pharma reps. both 55. no kids. Retirement 4.1 million, 380,000 left on 900,000 house. No other debt. One of best states to retire in for property taxes, income, sales etc. Wife worked for different company and just got laid off. She's loving life at the gym with mask, and running outside, cooking. She wants me to retire. I'm so over the eyecare space and entertaining quitting. We can afford the health care and want to start to travel. I think we can do this and I know we're young. We've always saved 20% since we were earl 20s and never really overspent too much on clothes, etc.

 

this is the Seattle rep I think. good job

 

WTF are you waiting for? Tell Pfizer to shit in their hats and get the hell out of this shitshow.

 

well done. Goodbye

 

not sure I believe this

 

I certainly don’t believe the 4.1 million part of the story.

 

I know plenty of reps and DMs that had $2.5 mil or more in combined 401k and pension. Multiply times 2 reps, totally believable.

 

You should be proud... im aspiring to be that financially sound. still in my 40s though... i would leave after covid and the election... your mind may change post..... i would move abunch of money to blue chips and live off the dividends... and volenteer or make whatever hobbie you love your new business. no more oh shit it mondays!!! Great luck to you...

 

beautifully written

 

It’s very plausible given the story... not unrealistic at all. I agree with last post, hang on thru covid and see what happens, maybe you can get severance. The biggest financial challenge will be cost of health ins’ probably 1500-2000/mo. Good Luck to op, I would definitely do it.

 

True. 49 years old and $2.7M in net worth ($2.2M in investments and pension; $500K paid off house). Please give me the package.

 

just priced health insurance. Just under $1000 per month, though circumstances and conditions can obviously change the number

 

That’s pretty good, is coverage/copay/deductible anywhere close to company policy? I’m curious, not too savvy on private ins.

 

Raise your deductible to 10k. put that in a savings and the monthly cost drops astronomically... move it to 15 or 20 and it drops more....

 

THIS IS COOL. GUY YOU ARE DOING WELL

 

No children is the key. LOL. otherwise the total dollars would be considerably less. Perhaps a same sex marriage.

 

I believe it. Single mom high cost of living city, 20 plus years pharma and have 1.7 M. Took 4 years off for grad school. The 4.1 by 2 pharma reps def possible. Well played poster and wife!!

 

You are doing well at $1.7M in net worth. Would you raise your hand if package was offered and just do ACA for healthcare once the Pfizer group rates/COBRA runs out?

 

Is your mortgage paid off? No kids? Would you raise hand if package was on the table today?