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Considering part time option -OMY
10-14-2019, 08:12 PM
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#1
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Recycles dryer sheets
Join Date: Sep 2018
Posts: 268
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Considering part time option -OMY
I am retiring from my full time position in December.
- Today, a friend of mine announced she is leaving her great part time job (20 hours/week) for which I am well qualified . It would start in December, include health benefits and pays well - better than position I am leaving !
I'm conflicted - I am looking forward to retiring from the current job, which often required evening and weekend work. But now I am considering applying for the part time position. No evenings/weekends.
I 'd work 2 more years part time and postpone use of tIRA / SS.
My health is good, and I'd have long weekends every week.
I think I'll apply for the job. Thoughts ?
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10-14-2019, 08:13 PM
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#2
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Dryer sheet aficionado
Join Date: Nov 2017
Posts: 39
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Sounds like a win win! Good luck.
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10-14-2019, 08:15 PM
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#3
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gone traveling
Join Date: Mar 2015
Posts: 3,508
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Quote:
Originally Posted by Octogirl
I am retiring from my full time position in December.
- Today, a friend of mine announced she is leaving her great part time job (20 hours/week) for which I am well qualified . It would start in December, include health benefits and pays well - better than position I am leaving !
I'm conflicted - I am looking forward to retiring from the current job, which often required evening and weekend work. But now I am considering applying for the part time position. No evenings/weekends.
I 'd work 2 more years part time and postpone use of tIRA / SS.
My health is good, and I'd have long weekends every week.
I think I'll apply for the job. Thoughts ?
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I think you need to decide what you want, and then do that.
You haven't provided enough information for any other suggestions.
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10-14-2019, 08:25 PM
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#4
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,204
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Why not give it a try.... if after a while you find it isn't working you can always fully retire.
I worked part-time for many years before retiring.... it was wonderful.
Just make sure not to get sucked into working more hours than you are getting paid for.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
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10-14-2019, 08:29 PM
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#5
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Full time employment: Posting here.
Join Date: Mar 2017
Posts: 629
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Go for it! A nice way to ease into retirement in two years.
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10-14-2019, 09:23 PM
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#6
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Moderator
Join Date: Jul 2017
Posts: 5,598
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Sounds like Nirvana to me, but then I worked 13 hours today.
You can always try it out, and if you don't like it, quit.
__________________
Use it up, wear it out, make it do or do without.
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10-14-2019, 10:57 PM
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#7
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Moderator
Join Date: Nov 2014
Posts: 9,070
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It worked for me. I worked part time my last two years. It did have some drawbacks, but they were related to being in the same chair and being treated differently because I was no longer in charge like I was before. You will not have that issue. For me, even that worked itself out. Why should they treat me the same, I was in a different arrangement with them. As soon as I got myself squared away on that issue, it was actually a pretty good deal.
I will say though that once I started working part time, I realized how badly I wanted my free time and it made wanting to retire that much more desired.
__________________
Every day when I open my eyes now it feels like a Saturday - David Gray
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10-15-2019, 04:03 AM
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#8
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Thinks s/he gets paid by the post
Join Date: Jan 2010
Location: dubuque
Posts: 1,163
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I had the same situation and went to work part time. no nights or weekends. worked 20 hrs a week. I was there for 3 years and now retired and actually miss the part time work. I think transitioning from full time to retirement is more than a one step process.
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10-15-2019, 05:25 AM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2008
Location: On a hill in the Pine Barrens
Posts: 9,669
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Quote:
Originally Posted by Octogirl
I am retiring from my full time position in December.
- Today, a friend of mine announced she is leaving her great part time job (20 hours/week) for which I am well qualified . It would start in December, include health benefits and pays well - better than position I am leaving !
I'm conflicted - I am looking forward to retiring from the current job, which often required evening and weekend work. But now I am considering applying for the part time position. No evenings/weekends.
I 'd work 2 more years part time and postpone use of tIRA / SS.
My health is good, and I'd have long weekends every week.
I think I'll apply for the job. Thoughts ?
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I can relate, as I was retired in 2014/2015 period, then went FT, and for 2019 it's been PT. Part time will end early 2020.
Part-time is a nice transition for a year or so. If the job details are positive, as yours are, I would definitely go for it. Mo' Money? I know Mo' Money!
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10-15-2019, 06:08 AM
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#10
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Moderator
Join Date: Nov 2015
Posts: 13,846
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If you are FIRE, and totally ready to retire, then....eh.
But if you're not totally ready, this might be a good way to glide in. And you don't have to do it for 2 years - you could try it out and go (in your head anyway) month by month, knowing you can retire when you want.
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10-15-2019, 06:16 AM
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#11
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Recycles dryer sheets
Join Date: Oct 2017
Location: Orlando
Posts: 125
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Since the standard notice is 2 weeks, you really don't have to think any farther than 2 weeks out if the job is giving you more that you are giving it.
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10-15-2019, 08:28 AM
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#12
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2015
Posts: 5,775
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Doesn't hurt to try it, you can always leave that job, too, if it turns out not to be what you thought.
I went back part time off and on to help train new folks at my previous job. It was so much easier, as I was not sucked into the politics, etc.
__________________
Give a Man a fish, he will eat for a day.
Teach a Man to fish, he will eat for a lifetime.
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10-15-2019, 09:41 AM
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#13
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Thinks s/he gets paid by the post
Join Date: Jul 2013
Posts: 1,871
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FWIW - I went from full time to 2 days/week 3 years ago and love it.
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10-15-2019, 11:37 AM
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#14
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Thinks s/he gets paid by the post
Join Date: Jul 2015
Location: Beaverton
Posts: 1,382
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Did it. Tried it. Threw it in the garbage. Retirement was too tempting
__________________
Jump in, the water's warm.
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10-16-2019, 09:22 AM
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#15
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Thinks s/he gets paid by the post
Join Date: Feb 2012
Location: Tampa Bay Area
Posts: 1,866
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I worked PT for 3 years and loved it. It was the best of both worlds. The only thing I couldn't do was non-local travel, which is not important to me anyway. Go for it !
__________________
"For the time being no discipline brings joy, but seems grievous and painful; but afterwards it yields a peaceable fruit of righteousness to those who have been trained by it." ~
Hebrews 12:11
ER'd in June 2015 at age 52. Initial WR 3%. 50/40/10 (Equity/Bond/Short Term) AA.
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10-16-2019, 01:01 PM
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#16
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,204
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4 years part-time for me. Initially to reduce travel to address a family situation, then continued because I liked it and didn't need the extra money and didn't want to travel as much... at that point I didn't mind that I was effectively on call 24/7 even though I only worked 20-26 hours a week. Later, I minded being on call 24/7... so I quit.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
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10-16-2019, 01:21 PM
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#17
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Thinks s/he gets paid by the post
Join Date: May 2016
Location: Mid-Atlantic
Posts: 2,642
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Quote:
Originally Posted by MarieIG
Sounds like Nirvana to me, but then I worked 13 hours today.
You can always try it out, and if you don't like it, quit.
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Not only that, you can apply, then see how you feel about it if you're actually offered the job. Sometimes when I suffer from overanalysis paralysis, I need to flip a coin. I often have a flash of "YES!!!" or "HEY, wait a minute!" that cuts through the overanalyzing and makes clearer what I really want. Getting an offer might spur a stronger impulse to take it or leave it.
And since you don't have to worry about your resume or recommendations for your next job, you can always work it for a week, and then quit if you don't like it!
__________________
-Looking to FIRE in the mid-2020s, which would be our mid-50s.
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10-16-2019, 06:17 PM
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#18
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Thinks s/he gets paid by the post
Join Date: Sep 2013
Location: Cincinnati, OH
Posts: 4,344
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Worked P/T for approx last year of my working life. Was great for me.
I encourage Op to try applying for the P/T position, assuming the thought of still working is OK, which appears to be.
__________________
The problem isn't artificial intelligence, it's natural stupidity.
You can't spend yourself to prosperity.
Semi-Retired 7/1/16: working part-time (60%) for now [4/24/17 changed to 80%]
Retired Aug 2, 2017; age 53
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10-16-2019, 08:48 PM
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#19
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Recycles dryer sheets
Join Date: Sep 2018
Posts: 268
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part time option
Thank you so much for the thoughts on part time option.
I have a phone call interview tomorrow.
It's a nice feeling- I don't need the job but would enjoy the work and extra funds while we are still healthy to travel.
We fly to California 3 - 4 x/year - for 4 grand kids !!
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10-18-2019, 07:52 AM
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#20
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Thinks s/he gets paid by the post
Join Date: Mar 2013
Posts: 1,778
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I did part-time for 3 years, before pulling the plug entirely. It worked well for me. I preferred the idea of a gradual step-down transition to retirement, rather than an abrupt change from full-time work to full-time retirement.
I really enjoyed the increased free time. Four-day weekends were great (although I have to say, seven-day weekends are better, heh). I enjoyed my work for the most part, so it wasn't a stress for me to stay on.
Working PT allowed me to "test" how I'd do with semi-retirement. How would I deal with that increased free time, for instance? How would it feel? It helped with any retirement worries I had, because it allowed me to test the waters. Turns out, I did fine with PT; it felt great. And of course, there was some additional money and benefits, which is always nice.
One rule that I put in place for myself though, was this: "I'm only going to stay as long as I'm still enjoying it. If I stop enjoying it, I'm out." I didn't want to be working just because it was comfortable and familiar, or worse because I was afraid of some aspect of retirement (e.g., running out of money or dealing with the responsibilities/challenges of complete freedom). I didn't want to get stuck in some anxiety-motivated OMY syndrome.
I stuck to that rule. I stayed PT until I wasn't enjoying it anymore, then I left. Part of that was the work/company itself, but part was me. My feelings about working PT changed over time. At first, it felt great to have 4-day weekends. But after a couple years, that wasn't enough. I wanted more freedom. I wanted my whole life to be free, not just four days a week. So I pulled the plug. By then, I was more than prepared.
Overall, I'd say going PT was a good decision. It provided a gradual transition, a little extra money, and more confidence going into full retirement.
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