Taxman59
Full time employment: Posting here.
- Joined
- Sep 15, 2014
- Messages
- 645
I am 55, I announced in Sept that July 1 would be my last day. I have worked for a family office for 21+ years, and have a loyalty to my clients, and some co-workers. I have been the go to guy for special projects, problems for the past 10-15 years. I had a long conversation after work with my immediate boss (and long time friend). She wants me to continue to work on a part time basis. She tentatively offered 50% pay for 40% work, none of the admin cr*p, and it is the only way that my associate will get the promotion deserved! She realizes that they would need at least 2 people to replace the traits I bring to the table, and the budget doesn't have the $ in it to bring in two.
My question for those of you out there who were put into this spot when they announced is - What should I do? I have run FIRECalc and am @100% so the money isn't needed (though more cash is not all that bad!). My associate deserves the promotion, and though she is about a year away from being ready, bringing in someone else would put her several years behind. My clients would be best served by keeping her happy and motivated. In retirement, I would miss some of the problem solving tasks, and some of my colleagues, but I am looking forward to leaving the BS behind. Mentally, I am almost ready to retire, I have hobbies lined up, and plenty of nothing laid out that, after 35 post college working years, I am ready to enjoy "nothing"!
My DW isn't much help ("whatever will make you happy" is her response), and my other confidants aren't in a position to help right now.
Sent from my iPad using Early Retirement Forum
My question for those of you out there who were put into this spot when they announced is - What should I do? I have run FIRECalc and am @100% so the money isn't needed (though more cash is not all that bad!). My associate deserves the promotion, and though she is about a year away from being ready, bringing in someone else would put her several years behind. My clients would be best served by keeping her happy and motivated. In retirement, I would miss some of the problem solving tasks, and some of my colleagues, but I am looking forward to leaving the BS behind. Mentally, I am almost ready to retire, I have hobbies lined up, and plenty of nothing laid out that, after 35 post college working years, I am ready to enjoy "nothing"!
My DW isn't much help ("whatever will make you happy" is her response), and my other confidants aren't in a position to help right now.
Sent from my iPad using Early Retirement Forum