W2R
Moderator Emeritus
For those of you already FIRED, think back to the last few months before you retired. Knowing what you know now, would you:
1. Accept a part time job with your employer continuing doing something you like 2 days a week for 48 wks per year - 1 day per week from home and 1 with 30 min commute to an office, at a pay rate starting approx 10% more than your rate when you retired, 401k but no other benefits. And do this under contract for 2-3 years?
Or,
2. Not accept the part time gig because 2 days a week of free time is worth more to you than the $ you would receive under scenario 1?
This is the decision i'm facing, and i'd like opinions from others- especially those that have been retired awhile. Another issue is that I still have 80k of company stock that the company would buy in 2012 if I agree to stay on part time. If I don't agree to the part time contract, I don't know when or to whom I would sell the stock.
Soon after I made my specific retirement intentions public, the topic of potential part time consulting after I retired came up during some serious talks with my supervisor. It also came up in casual discussions with middle management not in my chain of command, that were feeling me out for possible consulting work.
With a straight face and eye contact, I politely but firmly told my supervisor and the other middle management folks that my entire agency didn't have enough money to afford what I would cost.
That is still true! If anything, my desire to work has decreased even farther since the months before retirement. Possibly this is because I have found that my expenses in retirement are lower than I had planned for.
YMMV, but to me this video comes to mind when reading your post.
Johnny Paycheck - Take This Job and Shove It - YouTube
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