Go Back  Bike Forums > Bike Forums > General Cycling Discussion
Reload this Page >

Itís been a while...

Notices
General Cycling Discussion Have a cycling related question or comment that doesn't fit in one of the other specialty forums? Drop on in and post in here! When possible, please select the forum above that most fits your post!

Itís been a while...

Old 07-29-20, 01:51 PM
  #1  
closetbiker
Senior Member
Thread Starter
 
closetbiker's Avatar
 
Join Date: Feb 2003
Location: Vancouver, BC
Posts: 9,630
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 24 Post(s)
Liked 18 Times in 6 Posts
Itís been a while...

I wonder how many remember me. Itís been about 10 years since I was fairly active here, mostly in advocacy & safety.

A bit has changed over the last decade, including my recent retirement. I did it btw, commuted by bicycle for my entire career at the airline for which I worked. 35 years, all year Ďround.

Because the majority of my mileage came from riding to/from work Iíve wondered if Iíd ride as much during retirement. I guess Iíll find out.
closetbiker is offline  
Likes For closetbiker:
Old 07-29-20, 02:54 PM
  #2  
Flip Flop Rider
Senior Member
 
Flip Flop Rider's Avatar
 
Join Date: Apr 2016
Location: South Carolina Upstate
Posts: 2,059

Bikes: 2010 Fuji Absolute 3.0 1994 Trek 850

Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 738 Post(s)
Liked 526 Times in 303 Posts
welcome back man. Congrats on the retirement!
Flip Flop Rider is offline  
Likes For Flip Flop Rider:
Old 07-29-20, 02:59 PM
  #3  
closetbiker
Senior Member
Thread Starter
 
closetbiker's Avatar
 
Join Date: Feb 2003
Location: Vancouver, BC
Posts: 9,630
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 24 Post(s)
Liked 18 Times in 6 Posts
Thanks!
closetbiker is offline  
Old 07-29-20, 03:06 PM
  #4  
Rage
Space Ghost
 
Rage's Avatar
 
Join Date: Oct 2017
Location: NYC
Posts: 1,762

Bikes: Bridgestone, Fuji, Iro, Jamis, Gary Fisher, GT, Scott, Specialized and more

Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 292 Post(s)
Liked 410 Times in 316 Posts
Congratulations on your retirement!
Rage is offline  
Old 07-29-20, 03:19 PM
  #5  
closetbiker
Senior Member
Thread Starter
 
closetbiker's Avatar
 
Join Date: Feb 2003
Location: Vancouver, BC
Posts: 9,630
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 24 Post(s)
Liked 18 Times in 6 Posts
Originally Posted by Rage View Post
Congratulations on your retirement!
thanks. Finally receiving the payout after decades of contributions.

Receiving a pension is unlike modern credit and more like the old layaway plans. You get what you’ve been paying for only after you made all the payments. It’s nice 👌
closetbiker is offline  
Old 07-29-20, 05:06 PM
  #6  
Troul 
:D
 
Troul's Avatar
 
Join Date: Oct 2013
Location: Mich
Posts: 5,946

Bikes: RSO E-tire dropper fixie brifter

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 6 Post(s)
Liked 2,071 Times in 1,389 Posts
you'll likely lighten up on the advocacy & safety to be more risky in your atwill retirement rides. No longer will you have the worry to avoid injury as to not lose your job. Just avoiding a wreck from destroying your bicycle.
__________________
-Oh Hey!
Troul is offline  
Old 07-29-20, 10:29 PM
  #7  
Bill in VA
Senior Member
 
Bill in VA's Avatar
 
Join Date: Aug 2017
Location: Northern Virginia
Posts: 720

Bikes: Current: 2016 Bianchi Volpe; 1973 Peugeot UO-8. Past: 1974 Fuji S-10-S with custom black Imron paint by Stinsman Racing of PA.

Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 210 Post(s)
Liked 202 Times in 140 Posts
Welcome to retirement!!!

THE best (and most accurate) saying I heard after retiring was, "Retirement is the best job ever..."
Bill in VA is offline  
Old 07-30-20, 01:07 AM
  #8  
closetbiker
Senior Member
Thread Starter
 
closetbiker's Avatar
 
Join Date: Feb 2003
Location: Vancouver, BC
Posts: 9,630
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 24 Post(s)
Liked 18 Times in 6 Posts
Originally Posted by closetbiker View Post
... I did it btw, commuted by bicycle for my entire career at the airline for which I worked. 35 years, all year Ďround...
I figure I commuted roughly 116,000 kilometres over the years on my bike. 1 bike I bought used rusted out, 1 bike was a write off after a car took me out but the replacement I bought for it (also used) is still good to go.

The ride to/from was often the highlight of my days
closetbiker is offline  
Old 07-30-20, 02:44 AM
  #9  
indyfabz
Senior Member
 
indyfabz's Avatar
 
Join Date: Jan 2010
Posts: 35,848
Mentioned: 204 Post(s)
Tagged: 1 Thread(s)
Quoted: 16456 Post(s)
Liked 11,241 Times in 5,458 Posts
Originally Posted by closetbiker View Post

Receiving a pension is unlike modern credit and more like the old layaway plans. You get what youíve been paying for only after you made all the payments. Itís nice 👌
You are in a contributory defined benefit plan? Iím lucky in that mine is non-contributory.
indyfabz is offline  
Old 07-30-20, 06:54 AM
  #10  
The Old Peddler
Member
 
The Old Peddler's Avatar
 
Join Date: May 2020
Location: San Jose, California
Posts: 42

Bikes: Currently 4 Electra's : 3 Cruisers and a Townie. also 1 mutt bike

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 11 Post(s)
Liked 37 Times in 13 Posts
Congrats on your retirement. Personally, during my working career, I did not ride much. But after I retired I did much more riding. Just a case of something new to do when retired, I believe. I hope you find new adventures with your bike in retirement. I can tell you for sure that the exercise you get is definitely worth it.

The Old Peddler
The Old Peddler is offline  
Old 07-30-20, 07:05 AM
  #11  
closetbiker
Senior Member
Thread Starter
 
closetbiker's Avatar
 
Join Date: Feb 2003
Location: Vancouver, BC
Posts: 9,630
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 24 Post(s)
Liked 18 Times in 6 Posts
Originally Posted by indyfabz View Post
You are in a contributory defined benefit plan? Iím lucky in that mine is non-contributory.
yup. Defined benefit. Old school. Back when they made sense for the company. All the new people are in defined contribution plans. Iíve always known how much Iíd get so could plan accordingly
closetbiker is offline  
Old 07-30-20, 07:08 AM
  #12  
closetbiker
Senior Member
Thread Starter
 
closetbiker's Avatar
 
Join Date: Feb 2003
Location: Vancouver, BC
Posts: 9,630
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 24 Post(s)
Liked 18 Times in 6 Posts
Originally Posted by The Old Peddler View Post
...I hope you find new adventures with your bike in retirement. I can tell you for sure that the exercise you get is definitely worth it.

The Old Peddler
So do I. For 25 years, I rode every weekend but the last 10, itís just been the commute. Itíll be interesting to see how the relative lack of structure will play into regular rides now
closetbiker is offline  
Old 07-30-20, 07:22 AM
  #13  
indyfabz
Senior Member
 
indyfabz's Avatar
 
Join Date: Jan 2010
Posts: 35,848
Mentioned: 204 Post(s)
Tagged: 1 Thread(s)
Quoted: 16456 Post(s)
Liked 11,241 Times in 5,458 Posts
Originally Posted by closetbiker View Post
yup. Defined benefit. Old school. Back when they made sense for the company. All the new people are in defined contribution plans. Iíve always known how much Iíd get so could plan accordingly
So you have to contribute to your D.B. plan? When union employees were allowed to participate, they had to contribute. Non-union employees did not (and still do not) have to. Our formula is based primarily on final average compensation during a certain period and years of service. While there is an on-line estimator, my exact benefit cannot be known because how much I make each year can never be predicted, especially since my yearly bonus can vary significantly.

We also have a great D.C. plan. The effective employer match is right around 20% of my contribution amount. It was 25% before I turned 50 and started making catch-up contributions.

If we had affordable health care in this country I might retire at the end of the year, at age 55. I have good coverage (including dental and vision) through work and don't pay a lot for it. That's a tough nut to give up.
indyfabz is offline  
Old 07-30-20, 07:29 AM
  #14  
closetbiker
Senior Member
Thread Starter
 
closetbiker's Avatar
 
Join Date: Feb 2003
Location: Vancouver, BC
Posts: 9,630
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 24 Post(s)
Liked 18 Times in 6 Posts
Originally Posted by indyfabz View Post
So you have to contribute to your D.B. plan?
.
Yes

Originally Posted by indyfabz View Post
If we had affordable health care in this country I might retire at the end of the year, at age 55. I have good coverage (including dental and vision) through work and don't pay a lot for it. That's a tough nut to give up.
Ahhh... Canada... 🇨🇦 I love ya 😘
closetbiker is offline  
Old 07-31-20, 08:02 PM
  #15  
JanMM
rebmeM roineS
 
JanMM's Avatar
 
Join Date: Jan 2006
Location: Metro Indy, IN
Posts: 16,181

Bikes: Bacchetta Giro A20, RANS V-Rex, RANS Screamer

Mentioned: 15 Post(s)
Tagged: 0 Thread(s)
Quoted: 646 Post(s)
Liked 328 Times in 213 Posts
I'll be in Month 20 of Retirement in August. Was a full-time bike commuter while living in Atlanta for eight years but when moved back to Indiana became a frequent commuter during Spring - Fall for 32 years. My first year of retirement my total bike mileage was several hundred miles ahead of the last working year - I was able to make up the 1500 miles of commuting and then some!
Welcome to retirement!
__________________
Bacchetta Giro A20, RANS V-Rex, RANS Screamer
JanMM is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2022 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.