I was on track to be 6 years from ER . . .
PROBLEM: I think I am going to lose my job if I do not relocate to a new city (1K miles away). So it would seem like a no brainer to relocate. HOWEVER it would extend my working years perhaps 5 more (so 11 total) as not having a paid for house would reduce my ability to save at current level AND I would no longer have a paid off place to retire in and thus would need greater income. (Yes I know I will get money if I sell house, I just don't think I can buy one comparable later but ??) AND I have reason to believe that job will not last 11 years in new city anyway (of course I could be wrong). Letting them lay me off by refusing to move would require me to work 16 years to wait for Medicare and also to make up fact pension would stop accruing sooner.
Anything I can do to improve this mess? Only thing I have thought of is to rent present house but not sure I want to worry about it for that long.
Thanks in advance for reading the wall of text. It is POSSIBLE that this will not happen but I feel I should prepare.
PROBLEM: I think I am going to lose my job if I do not relocate to a new city (1K miles away). So it would seem like a no brainer to relocate. HOWEVER it would extend my working years perhaps 5 more (so 11 total) as not having a paid for house would reduce my ability to save at current level AND I would no longer have a paid off place to retire in and thus would need greater income. (Yes I know I will get money if I sell house, I just don't think I can buy one comparable later but ??) AND I have reason to believe that job will not last 11 years in new city anyway (of course I could be wrong). Letting them lay me off by refusing to move would require me to work 16 years to wait for Medicare and also to make up fact pension would stop accruing sooner.
Anything I can do to improve this mess? Only thing I have thought of is to rent present house but not sure I want to worry about it for that long.
Thanks in advance for reading the wall of text. It is POSSIBLE that this will not happen but I feel I should prepare.