October 21, 2009 at 8:18 pm in Work & Money by Sandpal28
29 Comments »
Tuser said on October 21, 2009
Lucky you able to retire very soon. Even if you just worked part-time, pick your hours say mornings or afternoon. If you don’t need the extra income, volunteer your time so that you can get out and enjoy still being around people. I am sure there is so much out there for people in this situation. I know that is what I will probably due in a few years when I retire.
Virg said on October 21, 2009
I Know how you feel and I can retire now but I am trying to working 3 more years. I am only doing this because of our’s health insurance. I think I would be working part time to stay busy, because a lot of people say they get bored.
marylinda said on October 22, 2009
isn’t it interesting…we start our careers with utopian ideas and we just know we can make a difference and we will never be one of those people who works a job we don’t like or just for the insurance….and here we are working for insurance and taxes…amazing
rosalia said on October 28, 2009
Loux said on October 21, 2009
I am 56 and I feel the same. I am planning a sweet retirement but recently things have changed financially. Trips and other projects will be less affordable and I am scared to get bored too. So I am looking to afternoon conferences and courses (for the challenges and socializing), more volunteering (for a true sense to my life) and some part-time job (to keep in touch with "driving" and giving back through training). Plus, of course, sharing with friends on Vibrantnation and making new friends at home with couch surfing.
I am sure great things are ahead for you. Money does not matter so much. What really matters is health and …smiles !! Take care!
Trudycoaches said on October 21, 2009
It’s an interesting time of life, isn’t it, having these kinds of choices, but not knowing what is the right path to take? My first thought in answer to your questions is perhaps you could let yourself retire and see how it feels. If it’s working for you, you can go with it, and structure your life more informally than you have needed to before, when you had a job. What some people find is that a breather is good for the short term, but need something more of a commitment, a way to express themselves, connect with other people, make a contribution, etc. for the long term. I’ve had an opportunity to kick back and do a lot of traveling over a few years, and I’m now realizing that I like having a bigger focus/commitment to something and helping others/making a contribution. That’s convenient, because generating more money is not a bad thing, after the last few years. I think my mother figured out when I was little that i did better when I was doing something, and I am re-figuring that out for myself (-:. I am expanding my mid-life career and life coaching business to be able to reach more people online, and learning the ins and outs of doing online business has been both challenging and stimulating, good things for me. My professional focus is on helping people like us sort these kinds of questions out, find some clarity, and take steps accordingly. I can help people come up with the right questions to ask themselves, along with helping them find their own right answers. You can check out my website at http://www.trudymcknight.com, if you’d like to learn more about what kind of work I do with clients and what benefits they can receive. Happy sorting it out!
shermie said on October 22, 2009
IM 56 AND I JUST SEMI RETIRED I WORK THREE DAYS A WEEK ONLY BECAUSE THIS YEAR THEY SAID IF YOU RETIRE THEN YOUR BENEFITS WILL BE PAID FOR YOU BY THE COMPANY MY HUSBAND DOES NOT HAVE GOOD BENIFITS AND I WOULD HAVE HAD TO STAY UNTIL 65 AND I DONT THINK SO THIS WAS MY WAY OUT BUT BELIEVE IT OR NOT IM BORED ON THE TWO DAYS OFF I THINK I JUST NEEDED A CAREER CHANGE YOUR RIGHT ITS SCAREY I KNOW I CANT STAY HOME ALL THE TIME I THINKS WORK KEEPS YOU YOUNG
Jill Smart said on October 22, 2009
Do you have a Financial Planner? If not, get one…look for fee-based & a CFP designation. It will be worth it to take a look at all the aspects of retirement before you get there, especially in regard to portability or retirement funds, medical & other benefits.
JanetA said on October 22, 2009
I will be 58 next month and am in the process of looking for a new job. I am currently working in a hospital but since I am NOT a nurse, there is no room for advancement for me. Now that I have my MBA with a speciality, it is time to move on. I have been in the healthcare field (clerical side) for 30 years and have been looking for something new for the past 3 years. NOTHING – it is very disappointing – especially when the system I work for says “we hire from within” but I don’t hear a word from them when I apply. My time is just as valuable and I don’t apply for anything I do not feel like I am qualified to do. Any new job, one will have to learn, regardless of her/his age. — Sorry venting there for a minute. I am new to this site.
watruw8ing4 said on October 22, 2009
I left my job 1.5 years ago at 54. The plan was to fix up the house to sell it so we could move to our retirement home faster and to find out what I wanted to do when I grew up. Then take something part time to get myself out of the house while I trained for a new career. I had reached my retirement savings goal and my husband was and is still working hard in a small business he owns and loves. As with all plans, it’s not working out as I had envisioned. I have fixed up most of the house, and overseen the renovation of the retirement home kitchen 1000 miles away. My husband loves having me at home because I can pick up the work he can no longer get to with the expansion of his business. He also loves that I can get away for impromptu travel without having to request leave. I am enjoying all of it. There is never a dull moment and there’s always another project waiting. The only drawbacks are (1) the economy went south and my retirement funds went down. So I now have to save up for those projects, as we are saving more money to make up for the downturn. (2) Your social network may shrink. Many of your coworkers may not be the friends you thought them to be and you may find you have no interests in common once you leave. In that respect, you may want to get another job. I haven’t. But I volunteer with an animal resue group and have met some new people there. I chose not to work because, with volunteering, they are happy to work around my schedule instead of me working around a company’s schedule. I have yet to decide on that new career. So best advice is to be flexible. Take some time off and see if you get bored, and see how your budget changes before you commit to a job.
hosey5 said on October 22, 2009
there are part-time seasonal jobs that will keep your blood pumping and you can do that until you feel the need to retire for good. try the stadium, ballpark, convention center for starters. you make good money as these are union jobs, and you keep busy. I met many life long friends working at the stadium. many of us (oldies but goodies) are employed there (all three places).
Lavonne said on October 22, 2009
To retire is to start a new adventure, most important, have a good “woman” friend to share in all your activities, you’ll never regret it, Lots of places to travel to and see,,best time of your life!
Sandpal28 said on October 24, 2009
Not sure if I am doing this right but hopefully I am. I want to thank everyone for all the advice I didnt expect so many responses and it was great reading all of them. I know that I will have to retire and see what that is like for a while but most likely will find something to do volunteer or part time work. I have always been lucky and had the summers off because being a teachers assistant I have school hours so I really don’t want to work in the summer so that will limit the jobs I can have. I have a summer house so I spend a lot of time there in the warm months. It has been a long time since I have not had a job and that will be an odd feeling I am sure when in Sept. everyone goes back to school and I don’t. I agree with the comment that the people you work with are not necessarily the people that you have anythiing in common with except work and that will be hard to get used to. I am still scared a little I will miss my job but hopefully I will get over that quickly. It would be nice to make extra money to supplement my pension being only 58 my retirment savings will have to be streched My husband will work a few more years so I really dont have to worry about money. Well thanks again for all the comments.
Eleanor Spaziano said on November 4, 2009
Hi Sandy. I had concerns about retirement and I found a book Project Renewment (authors Helen Dennis and Bernice Bratter) for women in retirement or soon to be. I was inspired by these professional women and started my own group of 10 women who have many of the same concerns. We meet monthly and discuss a different topic each month. This month the subject is Feeling Vulnerable. These women are bright, educated and wondered if this is all there is.. We love the group and in 9 months have bonded… and we inspire each other.
I retired two years ago at age 68 and am very busy with several groups and teaching classes.
patriciadiane said on October 24, 2009
I am considering retirement in 1.5 years, at age 55 and getting a part timejob closer to where i live. This way, I will still have a job but not every day. I don;t want to become a hermit in my house.
Lobsticle said on October 24, 2009
I think I’m becoming a hermit and the scary part of it is, I think I’m liking it!
No nede to make that decision now…Savor the feeling, you’ll know what you need to do when the time is right.
Soprano 1st said on October 24, 2009
Consider your talents and joys in life. Singing with a community chorus can fill a number of voids, self-expression, socializing, and giving something back to your community. Many community groups are completely non-audition and down right fun! My husband directs two, one of which we launched ourselves four years ago. It obviously fills many retireres’ needs as we’ve gone from 25 to 150 revolving memberships. The majority over 60. If that’s not a talent you have, consider what does suit you. Another idea, no reason to be bored with the internet at your finger tips and a slew of online universities. Best bet are community colleges with low, low tuition rates and numerous entertaining electives.
Sam88 said on October 25, 2009
I wish I could retire! You’re fortunate to be able to. From what I’ve heard from retired people, it’s the busiest time of their lives. Lots of volunteer work, grandchildren, working part time, golfing, traveling…..Find a passion & if you can’t just get out there & be active. You won’t be bored if you don’t want to be!
Irish77 said on October 25, 2009
Do not get another job if you can afford not to. YOu will be able to do many things if you put your mind to it and enjoy the rest of your life b/c when you are dead you will be dead for a long time, so live, laugh and love, time is ticking away.
Sam88 said on October 28, 2009
Irish77, I like your response. I would like to retire at 62 instead of 65 because I want to get to enjoy my life. I would like to work a couple of days a week just to pay for medical insurance & hopefully, I’ll be able to get by on social security & and some interest on CDs. It’s exciting to think I could be semi-retired in just 2 years! Unfortunately, I don’t have a retirement fund. Any advice?
patriciadiane said on October 27, 2009
I am planning to retire in a year or so and plan to work at a part time job close to where I live. This way I can still maintain a sense of fulfillment without exhausting myself as well as have extra income. At that time I will be 55 with 32 years in my position. Yes, work part time.
Diamond Lill said on November 3, 2009
Bored? What’s that???? Now is an opportunity to explore all the things you didn’t have time for…discover your talents…passion…creativity…go play in the sand box!…
Olga said on November 5, 2009
DITTO! I retired at 54, a year and a half ago and have yet to be bored. I can truly say that I don’t know how I found time to work! I think that more than anything, you will find that you get a lot of satisfaction out of being able to do mundane things, such as cooking dinner, in a relaxed manner, rather than being rushed. I love being able to do little things, such as helping a neighbor, a friend, or a family member.
Sandpal28 said on November 8, 2009
I love your comment and I think I will go out and explore all the things I have wanted to do. I have always wanted to take a painting class never did because I always had to do something else oh and cooking classes how fun would that be. When I read you comment go play in the sandbox it really made me think I used to be creative I really did I think I am going to find that sandbox and dig right in. Thanks, sandy
decoratordale said on November 3, 2009
I understand how you feel. Especially since the stock market took a big dive, and I have a fairly good pension. I would think about getting something part time, just to insure that the $$ will be there if needed. that way you might be able to go back full time if the need arises. My biggest fear would be turning into the "bag lady" which I think alot of women fear.
Good luck with your decision.
Kelly J. D. said on November 4, 2009
I retired at 58 after 35 years of teaching elementary school. I was lost the first year and ended up taking a part-time job in a school library. That helped my need to be around children, but without all the reports card, administrative nonsense, ad nauseum. Each year has become easier–I’ve been out three years and wouldn’t think of taking a job unless something drastic happened. I love everyday and can’t believe how busy I stay. I read, walk, exercise, and do whatever I feel like a the moment. It’s scary at first, but it’s wonderful now. Best wishes and enjoy.
Sam88 said on November 11, 2009
Oh, to be able to retire! You are SO fortunate! Count your blessings.
Sandpal28 said on November 11, 2009
Oh Sam88 I do count my blessings everyday because I know that most people can not retire this early. I have been fortunate in the career I choose that they let us retire at an early age. Of course if I didnt have such a wonderful husband who has always provided for us I would not be able to retire now. I just hope to make good use of this time and find productive as well as fun things to do with myself. I have this overwhelming feel that I need to give of myself so I am looking for a place I will be comfortable volunteering I don’t know what that is right now but I know will find it.
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