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Dagstead Bumwood

(3,630 posts)
Mon Nov 2, 2020, 08:06 PM Nov 2020

How Do You Know it's Time for Retirement? [View all]

I've worked for my organization for over 32 years. The people are fine, but it's work I don't enjoy, and for all intents and purposes, actually dread doing. Its a good paying job, and that is all that kept me doing it day after day for some years now. And, due to changing conditions and an increased workload, it's become almost unbearable.

My wife says she supports my decision, but I can tell that she's worried some. We have cash reserves and will be fine financially for a while without having to dip into long-term savings.

Ideally, I would find something else to do, though, I really have no clue what that might be (so, calling this a "retirement" might be a bit of a misnomer, even though my company will classify me as such because of age/service). I'm not technically savvy nor mechanically inclined, and snagging a new gig is daunting enough without doing so in a Covid world.

As you can see, I have more questions than I have answers. I actually don't know where to begin or how to reinvent myself. All I know is, I want out. I've written my resignation letter and plan to turn it in in the next day or two, and then they'll be no turning back.

Any thoughts from those who've trod this path before?

27 replies = new reply since forum marked as read
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How Do You Know it's Time for Retirement? [View all] Dagstead Bumwood Nov 2020 OP
does your wife work? Skittles Nov 2020 #1
Yes, she's a professional Dagstead Bumwood Nov 2020 #2
I am having the same thoughts myself. I used to love my job for many years. Now with Covid, Squinch Nov 2020 #3
Sounds a bit like me. Dagstead Bumwood Nov 2020 #5
My wife's in her job 31 years, and like you, she wants out as well OnDoutside Nov 2020 #4
I'd like to, but I don't know that I have it in me. Dagstead Bumwood Nov 2020 #7
That's certainly something you need to address, and it's good that OnDoutside Nov 2020 #23
I ended up talking to both my boss and manager Dagstead Bumwood Nov 2020 #25
That's great, I hope it works out well for you. At least with the stop-gap it can afford you the OnDoutside Nov 2020 #26
Thanks Dagstead Bumwood Nov 2020 #27
I decided to retire quite suddenly on a Tuesday morning at 8:15. I had had enough and walked out. rzemanfl Nov 2020 #6
I haven't, but my mother went early JenniferJuniper Nov 2020 #8
You definitely need a solid financial plan Shermann Nov 2020 #9
It did feel good. Dagstead Bumwood Nov 2020 #10
My husband Marthe48 Nov 2020 #11
I retired from high stress position when I was 50 The empressof all Nov 2020 #12
I had been planning on working at least one more year captain queeg Nov 2020 #13
Will you have a pension? tblue37 Nov 2020 #14
My company had a pension for some years Dagstead Bumwood Nov 2020 #16
I worked for the same company for 31 years. Pobeka Nov 2020 #15
The decision was made for me, sort of. The Velveteen Ocelot Nov 2020 #17
How old are you? That's important info for this. ret5hd Nov 2020 #18
If you can handle it comfortably from a financial perspective, I say leave. TwilightZone Nov 2020 #19
I retired on Social Security at age 62. I was tired. I ran the finances and figured that I and abqtommy Nov 2020 #20
My dream job in retirement is to be a Wal-Mart door greeter Major Nikon Nov 2020 #21
Dreading going in to work Kitchari Nov 2020 #22
An update Dagstead Bumwood Nov 2020 #24
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