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Want to retire, scared to retire

29 replies

PollyDollyDaydream · 23/07/2024 09:48

I started work at 16 (I'm now 61) and worked hard to increase my level of qualifications along the way having had a terrible education.

I've worked at my present company for 20 years, three days a week, close to home and have complete autonomy to undertake my work. I know how lucky I am to have that but it has always been an extremely frustrating place to work. The frustrations are typical of the industry. I have just got on with it and tried to do my absolute best, always being grateful for a secure job, particularly when I left my first husband to get my DS and myself free from physical, emotional and financial abuse. At that time my job was a life saver both financially and emotionally.

In my role, there are many days of feeling like I am hitting my head against a brick wall when all I want to do is help people develop and thrive in their roles. There is virtually no recognition of a job well done within my own departmental function and employee engagement is a big challenge which I cannot say I am any nearer winning and right now I feel I never will.

Having paid into pensions from every job I've had I have established that I could afford to retire (I'm 61). I have a lot of hobbies so I am not worried about filling my time. I am very grateful for a lovely DH after leaving my long and abusive first marriage 11 years ago and I have a wonderful and financially independent DS. But I'm scared! And I don't know what it is I'm scared of?

I know this isn't a first world problem and many will say, just do it - what are you waiting for? The only breaks I've had from getting up and going to work were maternity leave and lockdown. I feel that I don't know how to get off that merry go round because it's all I've ever known. Being an employee, doing the best job I can, and having the security of being paid every month.

It would be great to hear from anyone who has been in a similar situation and what it was that made you just finally take the leap.

Thanks for reading if you got this far!

OP posts:
PollyDollyDaydream · 23/07/2024 19:41

I relate to what you say @Meadowfinch - it’s hard to let go of the need to always be prepared for financial emergencies etc. would you be able to perhaps reduce your days to get used to it gradually?

OP posts:
PollyDollyDaydream · 23/07/2024 19:45

@courgettes4eva I wonder why your question was deleted? I wasn’t offended by it hence why I answered - I thought it was a reasonable question 😀

OP posts:
olderbutwiser · 23/07/2024 19:58

I retired last year and it's the best decision I ever made. I did have the collywobbles before - kept calculating and recalculating to check id have enough £. It was a shock when I realised I'd gone from being in the experienced worker gang (peers aged 50 or so) to the sprightly retired (peers aged 70) but the bliss of freedom soon got me past that. If you can afford it go for it and enjoy it while you are still fit and healthy and can make the most of it.

wellno · 23/07/2024 20:04

I'm going through a similar dilemma OP. That video posted by @Mycatsmudge is really helpful - thank you. Sometimes you just need to take a leap of faith. I keep saying to myself (in the words of the late great Terry Wogan), 'if not now, when?'

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