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I have posted several times about my mother retiring. Mom turns 62 on the 19th. Dad will continue to work, but mom has several health issues and has been wanting to retire for a year or two now. They have low six figures in investment accounts, a bit of home equity, and several small pensions (couple hundred here and there) from the various places they've worked. My guess is their total net worth is between $150,000 - $200,000.
The house and one car are not paid for. He makes around $60,000 a year in a physical job and her SS check at 62 is going to be around $1,000/month. She had been planning on leaving the 17th of this month. Frankly, they're not financially ready for her to retire and don't seem to have planned it carefully, but mom is getting out of there come hell or high water.
She's been complaining about work and her colleagues a lot for the better part of a year now. She got a new manager she doesn't like. They're understaffed. No one else is carrying the mail. Standard office politics. Mom is generally out of the office at least part of the day one day a week for doctor's appointments, sometimes two, and has been calling in sick a lot over the last few months. Where I'm at, being out of the office that much would get you in trouble, and probably fired.
She was telling me on Friday about how bad it was. I told that she had something like thirteen working days left and to just suck it up.
What does mom actually do? She went off on her manager and her manager's manager yesterday about some coworkers talking excessively and that "if they can't keep the others quiet so she can concentrate, she'll just go home." Well, they fired her! She has this smug attitude about it and seems relieved that she's out of there.
Dad works evenings and I've only sent him a text, but he seemed furious with her. I have no idea what, if anything, she's left on the table by getting fired.
Do you know anyone who left on bad terms like this?
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 also retired on good terms in 2011. I had fairly recently gotten a new supervisor that I didn't see eye to eye with. I was also at full retirement age with 31 years of service. I gave notice in January that I was going to be retiring in April. I headed out the door, had a nice retirement party and moved on with my life. I even did some seasonal work with the agency I retired from. I saw no reason to go out on bad terms. My boss at the time moved on to headquarters and I never heard from him or about him in the years since. The people I liked are still friends and I see them once once in a while.
It all worked out fine and I'm very happy in retirement.
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.
My guess is that with her spending habits, she will need to work again at some point.
Ah yes in my previous career but not before retirement. After I was terminated for refusing to follow their orders I turned them in to the DOJ for price fixing and I (and another) sued them for wrongful termination.
We won the lawsuit and 2 of their Execs spent 12 months in a Federal Pen. I did sign an agreement never to contact or go back into their companies. I learned at that age you never want the Federal Govt coming down on you.
So yeah, you could say I burned a few bridges. It was a bonfire.
Serious Conversation in reading your posts, you're still young and your mom is morbidly obese.
Her quitting her job means now she can work on that.
It is likely part of the reason she was fired
Morbidly obese people are often unfruitful in the workplace
Due to their low energy and health issues
It's time your mom take her of her own mom
Unfortunately with you doing her laundry, it may not happen
She may remain lazy
Best time to move is now.
And don't get involved with the disabled or someone you need to care for
Get mentally healthy yourself, find a woman, and settle down
It's time to be settled down and married
You may need to be untruthful telling your parents you took a job out of the area.
Good luck
If she takes SS early and goes back to work there are penalties. Yes move and live your own life.
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