audreyh1
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Wow!Been following this thread and hesitated to post, but I seem to be the outlier.
I retired June 2016 and stayed 100% retired until March 2017, at which time I took a part time job at the elementary school up the street (100 yards) as a dishwasher. I'm still there 25 months later.
It's not a bad gig - it's only 3 hours a day, I get a free lunch, and I don't have to be in until 10:30. More importantly, I don't have to work nights/weekends/holidays and I have the whole summer off. No commute and the school's closed whenever there's any snow.
It pays about $15 an hour BTW. It's not hard work (compared to a fast food restaurant) but it gets busy at times so sometimes you have to hustle.
Why did I do this?? I definitely wasn't bored in retirement.
A couple of reasons -
1. I was uncomfortable with the new regime in Washington DC (he who shall not be named). Was the sky going to fall in?
2. The state of ACA (attempts to weaken/repeal it). I do have the option of healthcare with my former employer, but it's non-subsided so it's pricey.
3. Short term market volatility made me question things, like my withdrawal rate (should I stick with 4%, 3.5%, 3%, etc.)
4. Having a paycheck again made me feel better. I started playing mental games with myself - hey I made enough money this week to pay for the landscaping stones from Lowes, and I earned enough this year to pay for most of the planned re-roof job coming soon.
5. If I had earned income, I could contribute to my Roth IRA, which is never a bad thing.
6. I swore to myself I'd never get another job in IT after 33 years. Despite the good pay, I'm done with the deadlines/commute/stress/competition/learning curves of new technologies.
Fast forward 2 years, the sky hasn't fallen in. The ACA is still alive, and we have more $ in our retirement accounts than when I retired in 2016 (by about 20%).
Sometimes I do question my own sanity - I do wonder how many multi-millionaires would work as a dishwasher (probably not many).
The bad thing is that 2 years have gone by, so I've lost 1,140 hours of quality retirement time I'll never get back.
Be gentle, like I said I do question my own sanity.
I do understand the anxiety and fear that might make a new retiree take a temporary job. It’s very scary to early retire, dependent on your investments, trying not to draw down the nest egg too fast, health insurance uncertain.
It gets easier as you make it through a market gyration or two, even with health insurance uncertainty hanging like the sword of Damocles.......