Not long ago at work, I told someone that I was “on the bomb run” for retirement. What I meant was that if I could get through another handful of years and if my luck really held up somehow, I might possibly be able to retire! Well, I’d probably still have to get a part-time job somewhere to make ends meet (and to get myself out of the house to mingle with people – admittedly, my job is probably 2/3 of my present social life, as I’m not a natural mingler). Nonetheless, I’m at the point where retirement is starting to become “imaginable”. (My cousin, who is my age, is less than 18 months out on his own “retirement bomb run”; he’s closer than me, and I hope he makes it!).
But who knows, a lot could yet go wrong, and I don’t want to jinx it. Nonetheless, the world is changing faster and faster, and my office is also changing; I’m getting tired of running faster and faster all the time just to stay in place. I feel like my best career days are behind me and it’s become less of a rat race and more like a rat inside a running wheel. So, I daydream more and more these days about retirement, and do various back-of-the envelope calculations to see if I could pull it off financially. Finances are a huge hurdle for many baby boomers these days; because of recession, job losses and lack of savings, many face the (grim) prospect of needing to work full time into their seventies.
So, I look at my present career and financial situation as though I’m “on a bomb run”. For those of you who aren’t fans of aerial combat, when a bomber airplane goes out on a mission and starts to get near the target where they will drop the bomb, the crew will initiate a procedure called “the bomb run”. » continue reading …