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I have no idea what, if anything, she's left on the table by getting fired.
If her company provided any benefits she could lose them by not "retiring" and simply "being fired". If there was a pension she would be vested probably but for my employer there are rules how you qualify for certain benefits after you retire. May not apply to her. Some might be small like a retirement gift, others more like "health insurance". . . .
I agree that you are overly involved with your parents finances. I retired on good terms. 2 years later they needed me for 6 months and I worked from home except the 1 day a week I saw clients. It’s always a bad idea to burn bridges. Sounds like she should get a part time job and not take her SS so early.
I agree. I retired on good terms, and as it turned out, I was offered a part-time job that involves seeing a lot of my former coworkers, including those in high-level positions. It works out for my employer, which means it works out for me. $$
Serious Conversation, you don't mention if your father will be getting monthly Social Security after he quits his $60,000 per year job which he currently has and is keeping and not quitting for now - and if he will, indeed, receive Social Security when he decides to quit, how much it will be.
Since your mother will receive $1000 per month from Social Security, if your father will also receive Social Security in the future when he quits his $60,000 per year job, it may be enough to live on.
(also with the small pensions you mention)
Last edited by matisse12; 10-01-2019 at 09:07 PM..
Serious Conversation, you don't mention if your father will be getting monthly Social Security after he quits his $60,000 per year job which he currently has and is keeping and not quitting for now - and if he will, indeed, receive Social Security when he decides to quit, how much it will be.
Since your mother will receive $1000 per month from Social Security, if your father will also receive Social Security in the future when he quits his $60,000 per year job, it may be enough to live on.
(also with the small pensions you mention)
His should be quite a bit more significant than hers. He's 62 and planning on retiring at FRA at 67. Not sure how much more, but he always earned more.
It’s none of your business whether they are financially ready for her to retire. That’s between the two of them. I’d be furious if my adult kids were sticking their noses in my business and treating me like a child at age 62.
It’s none of your business whether they are financially ready for her to retire. That’s between the two of them. I’d be furious if my adult kids were sticking their noses in my business and treating me like a child at age 62.
I'm not talking to them about these topics. This forum is a venting space for me. With that said, I definitely don't think mom is capable of making good major life decisions.
It’s none of your business whether they are financially ready for her to retire. That’s between the two of them. I’d be furious if my adult kids were sticking their noses in my business and treating me like a child at age 62.
I don't know anyone who was fool enough to get fired 13 days before they were going to retire.
Short timers usually don't care much about something that's about to be over.
"What flavor of cake do I get?" is more important at this point.
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