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Old 03-05-2015, 09:59 PM   #21
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In my case the announcement and responses went pretty well. My manager was five years older than me, and was envious (in a pleasant way), but was also truly happy for me. He was also thankful that I gave him about a three month notice. A few days later he made the obligatory ask if I could be persuaded to stay, prefaced by "I know what your answer will be, but...".
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Old 03-05-2015, 11:05 PM   #22
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I informed my boss of my intention to ER (at age 55) after a bad 9 months. Her department was being downsized as was my group. I wasn't really in danger of being let go but I figured that I would be treating myself and solving a problem for her about what to do with me. She seemed to be taken by surprised but was calm about it. Not then or later did anyone ask me to stay on. She treated me well those last 3 months before I left.

9 months later she was laid off by her bosses. She never saw it coming. She looked stunned when I saw her at her going away party. She was way too young to ER. She found another job and got married. She recovered but I think it stung.
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Old 03-05-2015, 11:37 PM   #23
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My company overreacted in 2008's business turn down, even though it really didn't effect our company. They laid off all the youngest, lowest paid employees and everyone 55 years old and older--the highest paid. They're trying to run a $15 billion company with jobs subcontracted out--and few company employees.

I was 58 1/2 yrs. old, which was perfect. i was paid 5 weeks vacation, 1 year's severance pay and a supplement until I reached 62 years of age. I drew almost 2 years of unemployment. I'm now on the company's Medicare supplement package.

Looking to my Facebook account, very few childhood friends have worked past 60 years of age. No friends are working to full retirement age. Everyone has a life span, and I intend to enjoy every day of my retirement.
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Old 03-06-2015, 12:10 AM   #24
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When I gave notice my boss was surprised it was so soon - but he knew I'd been working toward the ER goal. We used to have general discussions about investing/college savings/paying off mortgages/retirement in our development lab. He overheard enough to know I was goal oriented. His main concern was that I properly hand off work... which I did.

My boss and most of my coworkers were happy for me.
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Old 03-06-2015, 07:08 AM   #25
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I told my boss @ the end of my review. It was the "you do great work and are really valuable but because you are at the top of your range, you get a small raise and no stock this year. Now as far as what I want you to accomplish in the coming year ..." I stopped him right there, thanked him and said I had some news. He was surprised but not shocked because our stock has had a large run up over the past decade.

It really was a huge relief because I would have been upset by the lack stock, etc. but could now just not care.

Since then everyone @ work has been extremely supportive, sad to see me go, etc.

I have even gotten incredibly nice and complementary emails/phone calls from the CEO, and my SVP (used to be my direct) boss. Both called out my contributions to the company in glowing terms. Given I have worked remotely for the past decade which has made me less promoteable, it has been great to hear that I have been valued. It completely made the bad taste from the review go away.

Just three more weeks until I fly out for my final week or meetings and onto the next chapter!
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Old 03-06-2015, 09:18 AM   #26
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I retired when my manager was on vacation, he had put me in charge of the team so technically I could have resigned to myself. I didn't want to play that way, made an appointment with our VP. Couple of years younger than my 56, he was supportive, asked how we did it. He shared his financial status, he'll be working a long time. Gave me the weekend to change my mind(corporate no no). Wanted to know if I'd consider consulting, thanks but no. When he called Monday I thanked him, but my mind hadn't changed.

My direct manager said he was envious, then remembered his preacher said envy was bad. I'm sure he was over 65, 2 years later he's still working. I was surprised that given the amount of access I had to critical infrastructure (think root) none was removed. I worked right up to my exit interview.

Many former colleagues were genuinely happy for me. A few sharing their plans for retirement. The only negatively I got was one guy I'd worked with for a year, but that was his nature.
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Old 03-06-2015, 09:47 AM   #27
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There was very little reaction to my retiring back in 2008. I had been working part-time for the previous 7 years, and my announcement was made just 17 months after I had requested and was granted a second reduction of weekly hours worked (from 20 to 12), so my bosses surely had to be thinking I would jump ship soon. When I first switched to part-time work back in 2001, my bosses (not all the same people as in 2008) feared I was going to bolt when the company was about to relocate from lower Manhattan to Jersey City, New Jersey (before the 9/11 attacks). And in late 2003, when my 2-year, part-time and mostly telecommuting gig suddenly ended, my boss thought I might bolt then.


I was mostly a "floater" within the two halves of my division, so I reported to two bosses although only 1 did my evaluation (the same one from 2003 and 2008). I told him and the other boss at the same time although I also wanted to tell their boss, my divisionhead, at the same time but he was at a meeting for a while. However, there was very little fanfare, as nobody seemed to be very surprised. The divisionhead did approach me after he returned from his meeting and learned the news. He was mainly concerned if my reason for leaving was due to a medical condition (it wasn't, as long as you don't count "sick of the dang commute" as a medical condition LOL!).


I gave them a month's notice but it was really just 9 or 10 days because I worked 2 days a week (12 hours) at the time. Not even in our biweekly management meetings was there any big fuss. I was told who would be taking over my ongoing projects but I had nearly no conversations with any bosses for the next month. There was no big outcry which was fine with me.


Word spread pretty fast through my division and I did tell some coworkers I knew a little better than others, mostly the longer-term ones. The newer coworkers rarely saw me anyway because I had worked part-time for 7 years. A few of them asked me how I could manage to retire so early (45) and my short answer was, "No kids, no debts!"
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Old 03-06-2015, 09:49 AM   #28
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My overseers went a shade of red I didn't think was humanly possible. At first they thought I was heading to a competing company. When I explained that I was "retiring" the confusion and incomprehension was palpable. It was an awkward, yet awesome moment for me.
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Old 03-06-2015, 10:14 AM   #29
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I decided to ER after it became clear that there were poisonous politics I couldn't navigate. When I told my boss I was resigning, his face flooded with relief. The weasel. He had no guts and I pretty much fired myself and all he had to do was push the papers.

Coworkers, with whom I am still on very good terms, were stunned. They're mostly in their 30s and I told them how important it was to LBYM and keep saving and investing. I trade e-mails occasionally with one; I also see her and her husband at charity bike rides, so we catch up with each other and she knows (and can tell the others) that I'm having a heck of a good time.

Oh, yeah- the woman behind the poisonous politics got canned 6 months later after being with the company for less than a year. One of my favorite quotes, from the writer Dorothy Parker.."I am not a vengeful woman, for the perfectly working reason that if you just sit back and do nothing, the bastards will get theirs- and it will be fancier than anything you could have dreamed up".

ETA: I was 61 but had made it clear that I'd planned to work till 65.
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Reaction of your boss when told your ER ing in you 50's
Old 03-06-2015, 08:47 PM   #30
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Reaction of your boss when told your ER ing in you 50's

Oddly today I mentioned my small group was getting busier and we might want to turn down another offices work. It was hinted that perhaps my four day 80% time deal might need to go back to full time! Then more talk about expanding my group as the company expands out west. My office manager said something to the effect " might as well get used to it, what little we have in our 401k's isn't going to do us much good down the road anyway!"

I just nodded in affirmation and did a 180 back to my office. I think the shock is going to be more than I thought when they find out that my RE plans are at least ten years sooner than their expectations are for me.



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Reaction of your boss when told your ER ing in you 50's
Old 03-09-2015, 11:31 PM   #31
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Reaction of your boss when told your ER ing in you 50's

My boss is our board chair. When I told him, he blurted out " How old ARE you?" I told him and said I knew I was a younger than expected, but that's why we have no debt and why we drive older cars, so we could retire early. Then he was very gracious about it and has been great since. I think he was just startled.


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Old 03-10-2015, 07:39 PM   #32
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I was only 40 and my boss was in his 50's and already didn't like me (his megacorp had bought my little company and stuck us in his division that he didn't ask for or want), so I didn't mention retiring which would p*ss him off even more, just that I was "moving on to new opportunities." I think he was happy I'd be out of his way. The last week he kind of scrambled around trying to figure out the new workload he'd have, and informed me "we'll need you to stay a couple more months until we can get someone else" but I said no thanks. He just shrugged.

That was about it. I assumed everything would collapse without me and they'd beg me to come back, but as usual with a Megacorp, they continued to plow onward and didn't really care.
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Old 03-11-2015, 08:08 AM   #33
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I didn't tell my boss I was going to ER, he told me.
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Old 03-11-2015, 09:48 AM   #34
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That was about it. I assumed everything would collapse without me and they'd beg me to come back, but as usual with a Megacorp, they continued to plow onward and didn't really care.
I have worked for small startups and a couple larger corporations. It is amazing to me the amount of inertia the larger corporations have and the waste they can tolerate. Lose one person at a small company and it may cause major problems up to and including failure of the business. Big companies can continue year after year--even if they are hemorrhaging money!
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Old 03-12-2015, 03:03 PM   #35
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Great thread. I thoroughly enjoyed reading it. I think it should be "pinned" to the top of the forum.
I'm currently 40 years old and am not sure how much longer I can take my career. Hopefully I can have a story to share here in the not too distant future.
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Old 03-12-2015, 04:12 PM   #36
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It isn't exactly ER (Will definitely take several months off...) but..

Before my announcement, he was like an evil stepmother/diva breathing down my neck, using intimidation and bullying (as if that would entice me to work harder and longer somehow). After my announcement, his tone has changed completely - His tone now is nice and pleasant with a lot of smiles like a good house guest might act. It makes no sense to me. It is creepy. And sad. How can someone's behavior change so drastically?? He could have been nice to start with and I would have stayed longer.
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Old 03-16-2015, 11:01 AM   #37
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I just told my boss last week. I'm 40, he's 37. When he first started with the company, I was his mentor. They grow up so fast.....

He knew I was working on ER but it was still a bit of a surprise for him. He was nothing but happy for me. Even said he'd like to sit down to learn some more pointers from me. The department-wide email announcement goes out tomorrow here at Megacorp so then I'll see what the general response is.
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Old 03-16-2015, 07:04 PM   #38
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I FIRE’d earlier this year. My boss (a long-time friend) and his boss as well as my colleagues were all supportive, and partly out of a sense of friendship, I signed on to do some part-time consulting for a couple of more months to assist on a high-profile project in trouble---just a few hours a week at my convenience.

The funny moment for me occurred a couple of weeks ago, when I was asked to attend an all-day meeting on the project in trouble. Corporate sent a high-ranking executive in his mid-40's from out of town to attend the meeting in person. I had never met the exec before and so introduced myself and said I am retired but were there as a part-time consultant. I tried to engage him to discuss the project in trouble---my recommendations on how things can be improved, etc.---but he showed very little interest in that. Instead, he asked me questions about my retirement. I’m in my mid-40s but look at least a decade younger, and with no context on my background and personal life, he just couldn’t figure out how I did it. Finally he asked, “So you’re really done with work?”“Yes.”“You’ll never work again?”“Never.”The look of incredulity mixed with envy on his face was priceless.
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Old 03-16-2015, 07:30 PM   #39
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The boss I quit on was a good guy: a survivor/last man on the island from a brutal corporate culture that ended up in the molasses in winter ossified bureaucracy we were both trapped in. He did what he could to attenuate the most ridiculous aspects of the assclown bureaucratic culture while still doing what was required of him (we both knew when he didn't believe what was coming out of his mouth either). He was very classy about it, although I simply resigned with no immediate destination. The rest of the hierarchy was in "do not compute" mode. They were very used to/comfortable with abusing people who were stuck in the pension trap and had no realistic way out.
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Old 03-16-2015, 07:55 PM   #40
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I just told my boss last week. I'm 40, he's 37. When he first started with the company, I was his mentor. They grow up so fast.....

He knew I was working on ER but it was still a bit of a surprise for him. He was nothing but happy for me. Even said he'd like to sit down to learn some more pointers from me. The department-wide email announcement goes out tomorrow here at Megacorp so then I'll see what the general response is.

Please let us know the overall company wide reactions you get. I'd be real interested in the variety of reactions you experience.


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