Early retirement dabblers - AKA “double dippers”
My husband is now a “double dipper.” It used to be that the term “double dipper” referred to people who retired from the military with another post-retirement government job . In my husband’s case, he retired from his company and is now working part-time for a company that does work for his old company (got that?). Well, I guess it’s not strictly double-dipping, but close enough.
My husband’s cousin is a four-time (yes, I’m not making this up) double-dipper. I guess that makes him a quadruple-dipper. It doesn’t seem possible, but he told us how he did it: He joined the military at 18, left after 20 years, then took a job at the military base, worked enough years to get a government pension, then worked for the city where he lives, so he gets a military pension, Social Security, and Iowa Public Employees Retirement, then a couple of other jobs that have brought him to age 62 with four different retirement checks. Wow!
Some people call this “retirement dabblers;” I’m not sure why except that they don’t stay retired very long. I am sure a lot of people get tired of a job, leave when they have collected enough for a pension, then move on to another job.
Do you know anyone who has done this?
Tags: baby boomers, double-dipping, military, retirement planningRelated Stories
POSTED IN: Boomers nearing retirement, Jobs, Work
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