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02:20 PM
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Should I Retire?
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[quote:claircognizant_one:MV80NDk5NTU5XzgyMDM3NTcyX0UxQkU2REJE] [quote:Anonymous Coward 77440428:MV80NDk5NTU5XzgyMDM3NTE3X0M3OEUzRUI0] [quote:Anonymous Coward 77917415:MV80NDk5NTU5XzgxOTcyNDU4X0U2MjY5MUIx] I have been working since I was 16. I am now 46 and have been working in IT for 25+ years. I have easily averaged 50-60 hours a week for the last 10+ years. I am now burned out and have lost my passion for IT. H1B1s are everywhere. They stick together and look out of any of them reach management. Any non H1B1 employees will slowly be filtered out while their H1B1 buddies are hired on. People backstab, take credit for other's work, try to make others look bad, etc. Bad managers who have no clue what you are doing and play favorites to whoever will brown nose them the most. Not sure how to get out of IT and still make a good living at my age. Also would like to retire in 10 years or so. Definite open to any helpful advice. Thinking about a career change, but just not sure what to do at this point and still make a good living. [/quote] This is almost my exact same story, only I am 47. Completely burned out. Thought about going into teaching, then the pandemic hit. I am financial very stable, in large part due to working so hard, staying debt free, and saving every penny. I took a breather in November, and am still trying to get my bearings as to where I want to work. The Hindus have a really interesting take on life phases. They believe that by age 51 you should really start retiring to focus on spiritual matters, teaching the next generation, and turning over your affairs to your eldest son. Not bad advice and outlook. I must have been a Hindu in another life. [/quote] Exploring one's spirituality takes a lifetime and work gets in the way. [/quote]
Original Message
I am 55, will be 56 soon. I can take early retirement now. I would get $3800 a month without our insurance, $2100 with insurance.
Been laid off for 2 months now, collecting unemployment and using my savings.
I have no debt, my bills are about $1200 a month.
I could go back to work making about $48 an hour if I can find work.
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