HI,
I am 61 years old now, and I want to retire or semi-retire in one year, when I can collect early SS.
I have been working in the website programming field for about 18 years, and have been at my current job a little over one year. I still like the work, but the field seems to be completely dominated by very young men. As an older female, I do not feel I belong.
I was forced to leave a previous job because the young male manager for some reason decided I didn't know anything about software. I had already been at the job for 10 years and thought I was doing ok. He started giving me very negative reviews, and I knew I would be fired if I didn't quit.
I went to another company. My manager is young, but not arrogant. The director is a middle-aged female. Everything was great for the first year.
But now I have a very young co-worker who acts like he's my boss. He knows everything, even when he doesn't. It reminds me of my previous manager and I hate it.
Well anyway, I had wanted to retire at 62 even if I liked my job. I have a lot of hobbies and interests, and friends and relatives I hardly ever get to see.
A lot of people believe Suze Orman and when I mention wanting to retire early, they give me a very skeptical look.
In another year I should have over $500,000, and would get I guess $15k a year from SS. I thought I might buy some fixed immediate annuities. If I had a base income of about $30k, then maybe I could earn about $14k by working freelance or part time.
I currently earn $75,000 a year, and my take home is about $50,000. I probably only spend about $30,000 a year.
I realize that I can't predict inflation. And I don't know if interest rates will ever go back to normal.
I live in an extremely expensive area, so if necessary I guess I could move somewhere cheaper.
Does it sound like I could semi-retire in one year? If I wait until age 66 I would have more money and more SS, but I don't know if it's worth it. It is hard to be an old female in the business I am in. Very degrading when a 20-year-old co-worker seems to think I am stupid.
The director and the manager have told me I am doing a great job. But this co-worker doesn't seem to agree with them.
Thank you for any opinions or advice.
I am 61 years old now, and I want to retire or semi-retire in one year, when I can collect early SS.
I have been working in the website programming field for about 18 years, and have been at my current job a little over one year. I still like the work, but the field seems to be completely dominated by very young men. As an older female, I do not feel I belong.
I was forced to leave a previous job because the young male manager for some reason decided I didn't know anything about software. I had already been at the job for 10 years and thought I was doing ok. He started giving me very negative reviews, and I knew I would be fired if I didn't quit.
I went to another company. My manager is young, but not arrogant. The director is a middle-aged female. Everything was great for the first year.
But now I have a very young co-worker who acts like he's my boss. He knows everything, even when he doesn't. It reminds me of my previous manager and I hate it.
Well anyway, I had wanted to retire at 62 even if I liked my job. I have a lot of hobbies and interests, and friends and relatives I hardly ever get to see.
A lot of people believe Suze Orman and when I mention wanting to retire early, they give me a very skeptical look.
In another year I should have over $500,000, and would get I guess $15k a year from SS. I thought I might buy some fixed immediate annuities. If I had a base income of about $30k, then maybe I could earn about $14k by working freelance or part time.
I currently earn $75,000 a year, and my take home is about $50,000. I probably only spend about $30,000 a year.
I realize that I can't predict inflation. And I don't know if interest rates will ever go back to normal.
I live in an extremely expensive area, so if necessary I guess I could move somewhere cheaper.
Does it sound like I could semi-retire in one year? If I wait until age 66 I would have more money and more SS, but I don't know if it's worth it. It is hard to be an old female in the business I am in. Very degrading when a 20-year-old co-worker seems to think I am stupid.
The director and the manager have told me I am doing a great job. But this co-worker doesn't seem to agree with them.
Thank you for any opinions or advice.