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Author Topic: C.C. - retire or work?  (Read 1656 times)

CLKD

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  • changes can be scary, even when we want them
C.C. - retire or work?
« on: November 01, 2021, 11:39:29 AM »

11 years ago my DH wrote down outgoings/incomings - then he shared the info with our Financial Advisor as we wanted to retire.  He was 58.  DH not the advisor  ::).  Figures tallied.  So here we are ........

Get DH to reform his CV in different ways, playing to his strengths and knowledge in the various areas where he would be interested in working.  Would he be prepared to take a drop in salary in order to be doing what he really wants to get his teeth into, or would he play it safe?

Consider the travelling costs too.  Would he qualify for a company vehicle? Here in the UK a Company is obliged to give employees notice of potential reduancy and they have to work with them for 3 months prior to being made redundant.  Companies have to liaise with outside orgnasiations to give the best advice to each person depending on their skill base.

If he needs to work but a job isn't forthcoming, are there volunteering opportunities?  These often lead to salaried work here in the UK.  Would he like a holiday until the New Year and reconsider his work needs: part or full time for example?

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C.C.

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Re: C.C. - retire or work?
« Reply #1 on: November 01, 2021, 02:18:30 PM »

Thanks CLKD  :)
Dh re-jigged his resume just in case this would happen.  The positions he has applied for may not pay the same so he has no choice but to take a drop in salary.  One company is in our town so depending on where it is, he may be able to use public transit. The other job is likely at the airport so he would need to drive and he would not get a company car. That's not something that most companies here do unless you are in sales and need to do sales calls outside the office.
Ideally, he would like to work full-time, both for his sanity and financial reasons. We'd like to have a larger nest egg for both of us to retire. My job is part-time, 10 months per year so I'm not in a position to retire now.

He hasn't worked since the end of July and it made him crazy so not working til the New Year is not something he would consider.
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