Last edited:
redundancy
- Thread starter clid61
- Start date
Page may contain affiliate links. Please see terms for details.
After 30 yrs in engineering I'd had enough and started to look at my options. I looked at all the FIRE blogs (Financial Independence Retire Early) and realized that I didn't have to work anymore so started to look at my way out. In late 2014 my company then decided to offer some redundancy. Well if they will pay me to go I'd be silly not to. It still took a lot of thought and worry but I went for it and haven't looked back. I haven't got loads of money so will not be doing any round the world cruises and have learned the difference between want and need but for me the big thing is just not having to go to get up for work for 5 days every week. I do some voluntary work helping out with some local cycle racing. I'm only 50 so most people say "but your too young to retire". No, "you can finish work whenever you like". I think that it's a bit sad that a lot of people I meet, who are older than me but have not given their retirement any thought. Think about it, and make a plan. It's not hard. There are even books in the library on planning for retirement.
Thanks for all the advice and comments . I'm definitely going for it now , hopefully leave end of march , bum round Europe for 6 to 8 weeks then back to blighty and stack shelves somewhere for a few days a week and start discovering this green and pleasant land a lot more .
Are you single?
Ticktockmy
Guru
- Location
- Crawley, West Sussex
I took redundancy at 55, and was also in a position that I could retire, for 3 years i happily enjoyed travelling and long cycle tours, then the been there, seen it and done it boredom set in, so I took up temping, so I could work some hours that would suit me but still have the freedom to do other things. Then one day a friend told me that there was a job at Gatwick airport if I wanted it for the summer season, well the summer season lasted 12 years, by the nature of the job I could get plenty of leave during the winter season, which suited me. But for others more so if you are married, live is not so simple, as her who has to be obeyed might have other thoughts.
Yes, and I live by myself. I have always been a good saver. I joined a company pension straight after leaving school at 16 and have never been married or divorced. I think these are the 3 big reasons for me being able to retire early.
cyberknight
As long as I breathe, I attack.
- Location
- Land of confusion
Hes on to summat , my youngest isnt 18 till im 62............
midlife
Legendary Member
cyberknight
As long as I breathe, I attack.
- Location
- Land of confusion