We're entering another stage in our lives. To be honest, we have been preparing for this for a number of years, but now we're on the final countdown to hubby retiring.
In fact we are around 325 days until his last day of work, give or take a week or two either side of the September 2024 expected retirement day. The leaving date is not fixed in stone yet, and won't be until probably next April/May. There are a number of factors in play with this, and it's mainly to do with banked hours and vacation pay.
One of hubby's co-workers retired last year in October and got paid through to the end of the year, as he had banked hours and vacation pay owing. Both hubby and I think this is a good idea, and we may as well get health benefits until the end of the year.
That is something we have to look into, as I won't be 65 for another four years after hubby retires so I will have to pay for all medications out of our own pocket. Hubby's will be covered; less $100 yearly payment, by the Government.
Looking at the graphic above, I feel we are the people not pictured there, there should be another person, between the far right one and the second to the far right.
One thing I think we all probably think about is how much time do we have left on this earth? When doing a financial plan they plan it with an expected life expectancy of 90. So I guess we are two thirds through our life expectancy.
Bit of an odd post, but something I was thinking about today.
Regarding, hubby's false tooth having a hole in it, we have no idea how it happened. It cost hubby $250 though to have it replaced as he has used the $2,000 we can spend on dentists this year through our insurance. Never have we ever used all the money allocated in a year for a dentist in all the years we have been in Canada. Also, the dentist waived his fee. The price at dentists has shot through the roof. I hope that one day, the government will cover dental visits for seniors.