Just thought I should mention today (Thursday, 14 May 2020) is the 10th anniversary of my retirement from Pratt & Whitney Rocketdyne. I’m still not entirely sure it was the right thing to do (accept the early severance package they offered everyone over 60) but her I yam!
Category Archives: Retirement
The time has come for me to simplify . . . to apply some feng shui to my collection of old (ancient?) paperwork, some of which is more than several decades old. Paper is the one thing I seem to be a bit of a hoarder with; that and old clothing, I guess.
I am coming across papers, letters, and notes I’ve written over the years, many of them from my over two decades of service at Rocketdyne, where I was privileged to work on the Space Shuttle Main Engine program. In that time I worked for (without changing desks) Rockwell International, The Boeing Company, and the Pratt & Whitney Division of United Technologies. After I accepted an early retirement package in 2010, I returned as a contractor to work for Aerojet Rocketdyne in 2015, where I worked for a bit over two years.
Recently, I purchased a small, portable Brother scanner and I am slowly scanning old papers I’m finding. Inasmuch as I’m now publishing far more frequently to this blog, I’ve decided to save some of these things so I can throw the paper away and still have a record. It’s been over nine years since I retired and I find I’m forgetting what working in a large organization was like. Reading some of the documents I created helps me to remember what I did, as well as to feel reasonably confident I wasn’t just spinning my wheels.
What follows should be somewhat self-evident. It’s a letter I wrote to my manager in 1994, now over 25 years ago. I think I sound pretty reasonable, and I’m gratified to know I was pushing—pretty hard, I think—for positive change back then. I’m not an IT person; never went to undergrad and, besides, the earliest PCs didn’t come into existence until I was nearing my thirties. However, I did recognize the value such tools brought to managing and operating a business and I have always been a big promoter of technology in the office. At any rate, this is more for me than my readers, but some may find it “amusing.”
PS – I scanned the original “memo” in .jpg format and the accompanying Lotus presentation materials in .pdf, which you’ll have to click on if you’re interested in what Lotus was doing 25 years ago, before its acquisition by IBM.
A little while back I received an email from a woman who had come across this blog and, specifically, had perused posts tagged with the word “retirement.” She wrote me that “a combination of my father being downsized in his 60s and my mother falling ill have combined to seriously affect their financial planning for retirement and has exacerbated their health problems. They have inspired me to write a guide for seniors and their families about the most common causes of financial stress, how it affects the person, and provide some coping strategies.” She provided a link to the guide she wrote and asked if I would consider posting it, along with an intro she wrote for it.
I said I would be glad to consider it and she wrote back with the following introduction, which I’m just pasting in, below. I’ve gone over the Guide she wrote and am providing her info here as a service to anyone considering or preparing for retirement, or for anyone who just might be interested in what to expect and, perhaps, how best to plan for one’s eventual exit from the workforce. What follows come from Ms. Jenny Holt.
PS – I will offer one observation. The site her link points to is called “Reverse Mortgage Alert”, which I have to admit raised a red flag for me. I’m not a fan of the concept, at least not as I’ve learned it is frequently practiced. However, after reading some of the info provided there, I do believe what they have to offer is useful information. They are not “pushing” reverse mortgages. Rather, they seem to be intent on providing useful information that anyone seeking to make a major investment move, especially with the home they’re living in, should take into account. If you have info that proves this wrong, I’d really appreciate hearing from you. Thanks.
With more limited access to financial services and often post-retirement, a money problem for seniors can be magnified more than for other age groups. While many have saved or invested in property and pensions, there are common causes of financial issues for the over 55s. These include:
Job Loss/Reduction – 51%
Healthcare – 29.5%
Other – 21.6%
Unpaid Taxes – 12.7%
Divorce/separation – 8.2%
Bankruptcy – 6.7%
Foreclosure notices – 5.7%
The onset of stress can cause a range of emotional and physical problems which may exacerbate any health-related financial issues. These include insomnia, headaches, chest pains, anxiety, and depression.
However, it is more than possible to mitigate these issues. Of course, finding a solution to the financial problem in the first place is preferable. That being said, clearer and more focused decisions can be made with the right approach. Many seniors find stressful situations easier to cope with by combining a better diet with more exercise and meditation.
There is more to learn about this issue and more information can be found in the full Senior Financial Stress Coping Guide.
Truth to tell, I have lots of interests. I have often referred to myself as a professional eclectic. Many years ago I was a reasonably accomplished photographer; even spent quite a bit of time in the darkroom. I think that sentence ages me.
It’s been years since I’ve been serious about it, but I really want to work more with photography. As I stated in my last post, I also want to get back to blogging more frequently. Now that I have an iPhone I think I’m going to do both a lot more.
So . . . What I’m doing with this post is using the WordPress app on my iPhone to share a picture I took with my it. I’m hoping this becomes easier and easier because I’m also dictating the text for this post.
I was moved to take this picture because of the two forlorn strawberries I saw in our little sink garbage collection. They must have been lost in the back of the fruit drawer; they were all dried out and had a little mold growing on them. I thought I would memorialize them and, here they are. I know, it’s no masterpiece and neither is this post. Like I said, I’m experimenting.
I must admit to being a little mystified that NASA hasn’t chosen to fly over and salute Rocketdyne today. Every main engine that powered every Shuttle flight into orbit was designed, manufactured, and assembled primarily at the Canoga Avenue campus. I know they couldn’t fly over every place where components were made in the country, but they’re flying over the freaking Hollywood sign and Universal Studios! Rocketdyne’s campus is just a few miles to the Northwest of those locations. How hard would it have been?
I have often lamented the fact that Rocketdyne never saw fit to advertise itself much. Whenever there was a launch of an Atlas or Delta vehicle, the vehicle manufacturers and integrators always had their names and logos prominently displayed. I am willing to bet very few people in this country even recognize the name Rocketdyne. Do they know every American Astronaut (other than those who’ve flown on Russian missions) was lifted into space by a Rocketdyne engine? I doubt it.
Mercury, Gemini, Apollo. All those flights were powered by Rocketdyne engines. The Lunar Excursion Module (LEM) was powered off the Moon’s surface by a Rocketdyne engine. The Space Shuttle Orbiters would never have made it to LEO were it not for the Space Shuttle Main Engines. The SRBs (Solid Rocket Boosters – or Motors, SRMs) only burned for 126 seconds before separation from the vehicle stack. The Main Engines continued burning for approximately six more minutes, depending on the mission. The SSME was – and still is, as far as I’m aware – the only reusable and fully throttleable rocket engine ever designed and flown.
Anyway, today marks what for me is a very sad day. It should be sad for all of us, IMO. This is the final flight (albeit strapped to the back of the SCA, a specially modified 747) of the last of the Orbiter Vehicles that served us for well over two decades and, unfortunately, we currently have nothing to replace it. The ISS is still on orbit, but we now have to hitchhike there aboard Russian rockets. There’s really no way to tell how long it will be before we return to space.
It also reminds me that I was put out to pasture, though nobody’s suggested ensconcing me in a museum 🙂 I didn’t realize how much retirement would affect me. I’ve enjoyed having time to be with my children, who are eight and eleven. I’ve also enjoyed working at building a modest service business supplying social media marketing for small businesses. However, in this economy that has turned out to not be a very useful business model and, once again, I find I must reinvent myself. Today I’ve decided to wallow a bit in my grief. Grief for the symbolic end of the Shuttle program, on which I labored for over two decades and grief for the symbolic end of my usefulness as a human being, which is what retirement sometimes feels like.
One more thing. In my opinion Rocketdyne deserves better. I know people whose entire lives were dedicated to the space program. They worked tirelessly; lived and breathed the concept of space travel and exploration. And those engines played a major role in putting Endeavour (OV-105) on orbit. Just sayin’.