layoff Archives

Suddenly I’m Retired

It is with mixed feelings that I am writing this post. I’ve wanted to retire for some time now but I wanted to retire on my terms. I’ve been putting every spare penny toward paying down debt and investing in my nest egg. That’s not to say I planned to stop exploring. I have often said I work so that I can take vacations. Well, surprise. The decision was made for me. I was laid off! Oh I’ll look for work but I have no desire to stay in my current career.

Retirement - Granville Central School District

What does Retirement feel like to me?

After my initial shock wore off, I had to take a hard look at my finances. After all I wasn’t quite ready to give up a paycheck. I seem to be struggling to remember that I don’t have to cram everything into the weekend. Old habits die hard. I have to let the various Real Estate boards know that I’m no longer with Redfin.

Then I have to figure out my health insurance. At my age I have Medicare but I need to get some part C coverage with Dental and Vision. COBRA is way too expensive but I may be stuck with that until I have finished the tooth implants (2) I’m in the middle of getting.

I wouldn’t be so concerned if the stock market hadn’t tanked. (Thank you Fed Reserve) My investments are mostly in Redfin Stock and it has taken a nose dive with rising interest rates. From a high of almost $100/share it’s down to $5.00/share. At least it went up a couple of dollars after the layoff.

What are my plans

What am I going to do, you ask. Basically hang in there until my retirement account recovers. ( At least 2 +years) I am looking for work and may get up my courage to try freelance writing. There are a lot of those jobs listed and I can do them on my own time, any place. I will certainly need to take a different look at my trips and explorations. I’ll have more time and freedom but less money.

Yesterday I found myself thinking about a road trip through Minnesota, North Dakota and Montana. There’s a scenic drive in Minnesota along Lake Superior that I’m interested in. Then Theodore Roosevelt National Park in North Dakota. From there drive to Close Encounters Mountain, real name Devil’s Tower and then off to “Going to the Sun Road.” (I’ll get into more in additional posts) but after consideration I decided it was too long to be away from my kitties. Pet care is expensive.

I can assure you that with more time on my hands you’ll be exploring retirement right along with me. I’ll keep you posted as plans develop.

When one door closes another one opens…or so the saying goes. No matter what, change is hard and sometimes scary. These last 3 months have been a roller coaster of emotions; sometimes exhilarating, sometimes sad, sometimes nearly panic only to swing back to excited.

I have worked many places with many people but no other work situation has fostered such close ties. From the dispatchers I shared the office with to the techs in the field it was like a big family. Things didn’t always go smooth. There were disagreements and arguments but there was also laughter, kind words, support and fun and over the years we began to feel like family. This made for great working conditions but now that it’s over there is a lot more emotion than just leaving a job.

This last week has been a concentrated version of the past three months. Everyone seemed to be wearing their feelings on their sleeves, one moment laughing, the next crying and the work demands never let up to give us a chance to come to terms with the “Last Day”.

This week the management team ordered pizza, the HR manager brought pizza, even one of the techs spent his own money to bring us pizza. Then the last morning we all brought breakfast food; juice, coffee, sweet rolls, coffee cake, apple fritters, fruit, bagels, muffins…enough food for an army. I couldn’t help thinking it was like a wake or funeral as more food poured in and visitors came by to say their good byes.

At a particularly loud moment it hit me hard. Yes like an Irish Wake without the whiskey and like a funeral after the burial those of us that remained would be…alone.

For all the complaining and groaning that goes on in a normal day-to-day give and take, when it was over those of use not going on to Malden would be alone with no place to go on Monday morning. No co-workers to chat with, fight with, laugh with…no work family.

But then the emotional swing went the other way arching back up to optimism. Look at all the opportunity, a clean slate . This is different because of the bonds made over the last 10 years but the job changing is not. Everything will be fine, not the same but it will be fine.