Hello,
I am 50, my husband is 58. He retired from federal service last year. The children are all educated without student loans, we have one child left at home, and no debt. I plan to retire January of 2018, after the youngest ages off my health insurance. I will have health insurance in retirement through my husband.
We have done the expense tracking, and are confident we can maintain our current standard of living after I retire.
What I am not sure of is when I should let my employer know I am planning to retire.
+1
Very wise advice. A year out, I had planned on giving 2 weeks notice, although I ended up giving even less. I had all my personal effects out before handing in official notice. So I spent my last days de-junking my office and saying long goodbyes to the folks I liked. I struggled unsuccessfully to contain my glee as I politely attended the last of those boring meetings.
I was pleasantly surprised by a goodbye lunch, not an immediate escort out the door, but you never know. Remember that this time you are in the driver's seat, so you can put your own interests first, for once...
Edit: If anyone asks why my notice is so short I have no qualms asking them if it's important why there aren't economic incentives for the employee then.
Short answer? Say nothing until you are ready for them to respond with: "In that case, why don't you pack up today?"
Many threads here about folks who gave longer and found the time wasted by their employers (not hiring replacements until the final weeks/days) or getting frozen out/lame ducked months before their date. Also many things could change between then and now.
Well I was going to give my two weeks notice that fateful morning, but I got RIF'd instead.....
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Well I was going to give my two weeks notice that fateful morning, but I got RIF'd instead.....
Some industry, the minute you give a notice, they walk you out immediately. They don't even let you clean your desk. You come back the following day to pick up your stuff. This has not happened to me, but I think you should know your industry.
I wonder, when this happens, are you eligible for unemployment? If you said you intended to resign (say) two weeks from now and they walk you out, were you involuntarily terminated? (I suppose they may be able to get out of this if they send you out with two weeks' pay -- essentially treating it as two weeks notice to a voluntary termination with two weeks of paid leave at the end -- but I don't know.)
This question is like a Rorschach blot, the answers depend on our individual circumstances - there is no right answer that applies to everyone. It will be worth your while to skim the threads Rewahoo listed. After reflection you will decide what is right for you.
I wonder, when this happens, are you eligible for unemployment? If you said you intended to resign (say) two weeks from now and they walk you out, were you involuntarily terminated? (I suppose they may be able to get out of this if they send you out with two weeks' pay -- essentially treating it as two weeks notice to a voluntary termination with two weeks of paid leave at the end -- but I don't know.)
If I were crossing the street tomorrow and got hit by a beer truck, would they be able to cope with my loss
How tragic that would be. A braumeister hit by a beer truck. That's like the dog biting the hand that feeds it.
Have you seen About Schmidt?Funny thing was they didn't want a download of any skills and knowledge.