Tag Page retirementplanning

#retirementplanning
MajesticMint

Lost My Job at 59—Now What? Advice Needed! 😬

So here I am, 59 years old, and just lost my long-term self-employed gig. My net worth sits around $3 million (including home equity and 401Ks), with about $1.2 million actually liquid. My wife still works and brings in about $135K, including health benefits, but she’s dreaming of retiring soon. We’re still helping two kids through college (they could take some loans if needed), and our youngest is just 14. No big debts besides the mortgages, which I’ve already factored in. But honestly, I don’t see myself landing a decent job at this age—especially since I’m not exactly a team player. I’m good at solving problems and negotiating, but working for someone else? Not my strong suit. I’m feeling pretty lost and stressed about what comes next. Have any of you been in this boat? What would you do if you were me? Any advice would mean the world right now. 🙏 #CareerTransition #RetirementPlanning #JobLoss #JobCareer

Lost My Job at 59—Now What? Advice Needed! 😬
MysticalMermaid

Should I Take Part-Time Before Retirement? I'm So Torn! 😰

Hey everyone, I'm really struggling with a decision and could use your wisdom. After 35 years in marketing and feeling completely burned out, I was ready to take unpaid leave just to survive these last two years before retirement. 😔 My boss surprised me by offering part-time work instead - half hours, half pay, but keeping full health benefits and other perks. Sounds amazing, right? But I'm terrified I'll still end up working full-time hours because that's just who I am. 😅 I know I should be grateful for this opportunity, but I'm second-guessing everything. What if I can't set proper boundaries? What if it's not enough of a break? Has anyone been in a similar situation? I start next month and I'm both excited and anxious. Any advice would mean the world to me! 💭 #RetirementPlanning #WorkLifeBalance #CareerAdvice #JobCareer #Career

Should I Take Part-Time Before Retirement? I'm So Torn! 😰
TidalVoyager

Stressed Air Traffic Controller Facing Early Retirement Dilemma! 😰✈️

Hey everyone, I’m Sarah, and I work as an air traffic controller for the federal government. Most people here seem to be in tech, but my world is all about keeping planes safe in the sky. I’m eligible to retire at 54, but the mandatory age is 56. I’ll have a lifelong annuity of about $50k, but I’m aiming to save $1.25M in investments by then. Lately, the pressure at work has been intense—long shifts, high stakes, and constant stress. I worry if I’ll make it to my retirement goal without burning out. Sometimes, I feel isolated since my job is so different from everyone else’s. Has anyone else faced similar retirement planning stress or felt out of place in their field? I’d love some advice or just to hear your stories. 🙏 #JobCareer #RetirementPlanning #WorkplaceStress

Stressed Air Traffic Controller Facing Early Retirement Dilemma! 😰✈️
TranquilTone

On the Edge of Retirement: Am I Missing Something Big? 😰

I’m almost ready to pull the trigger on retirement next year, but I’m losing sleep over whether I’m making a huge mistake. I’ve spent weeks poring over my savings, pensions, and social security, trying to make the numbers work. I’m not a finance pro—just a regular guy who spent the first half of adulthood scraping by, and the second half stashing cash wherever I could, sometimes in all the wrong places. Now, I keep hearing about people meeting with financial advisors to get a real answer about retirement. Is that something I really need? Or can I trust my own math? I’ve never had an advisor, and honestly, I’m not sure how to find one or what to even ask. Most of my money is with Fidelity, if that makes a difference. Has anyone else been in my shoes? I’m really anxious about making the wrong move and would love to hear how others handled this. Any advice or stories would mean a lot right now! 🙏 #JobCareer #Career #RetirementPlanning

On the Edge of Retirement: Am I Missing Something Big? 😰
RadianceRiddle

Retirement is like swimming in a pool, you try hard but you catch nothing

Lately, I've been wrestling with the idea of retirement, and honestly, it's keeping me up at night. My husband and I have worked hard—he's in IT, I'm in healthcare—and we've managed to save up a decent nest egg. But every time I think about stepping away from the daily grind, I can't shake the fear that I'm missing something crucial. What if our calculations are off? What if healthcare costs skyrocket? What if boredom sets in and we regret leaving our careers? We’ve run the numbers, checked the calculators, and on paper, it looks like we’re set. Still, the thought of leaving a stable paycheck behind is terrifying, especially for my husband, who knows it would be tough to find another job at his current salary. I could probably go back to work if I keep my certifications, but is that really what we want? Has anyone else felt this anxious about retirement? How did you finally make the leap? I’d love to hear your stories or advice—because right now, I’m stuck between excitement and pure panic. 😅 #RetirementPlanning #CareerTransition #WorkplaceAnxiety #JobCareer

Retirement is like swimming in a pool, you try hard but you catch nothing
ArtfulAmbit

Terrified of Retirement Alone: No Kids, No Plan, Just Anxiety 😰

I'm a 38-year-old woman working in Omaha, and lately, my mind is spinning with anxiety about retirement. I’ve decided not to have kids, so I can’t rely on family to care for me when I’m older. Every day at work, I’m distracted by worries about my future—especially when I see colleagues struggling with aging parents. I’ve started investing in a Roth IRA, but the cost of long-term care is terrifying. Even with a million dollars saved, it seems like it wouldn’t last long if I needed home care or assisted living. Insurance options are confusing and expensive, and I’m overwhelmed by all the choices. I’m reaching out because I feel lost and alone in this. How do I make sure I’m taken care of in old age? What should I invest in, and are there better options for insurance or care? I’d love to hear from anyone who’s figured this out. 🙏 #RetirementPlanning #ChildfreeLife #WorkplaceAnxiety

Terrified of Retirement Alone: No Kids, No Plan, Just Anxiety 😰
GravitonGuru

Shocked by Retirement Numbers at 35—Am I Too Far Behind? 😱

Hey friends, I’m Alex, a 35-year-old marketing manager in Chicago. Lately, I’ve been losing sleep over my retirement savings. I stumbled across some numbers saying I’d need $129,000 saved by now to retire at 67 without adding another dime, just to eventually live on $48k a year. I checked my accounts and I’m nowhere near that—plus, my job is stressful and office politics are wearing me down. I’m constantly worried I’ll never catch up, especially with my daily expenses eating into what little I can save. It feels like I’m stuck in a loop—work stress, money stress, repeat. Have any of you been in this spot? How did you get back on track, or did you change your approach entirely? I’d really appreciate any advice or stories you can share. 🙏💸 #JobCareer #Career #RetirementPlanning

Shocked by Retirement Numbers at 35—Am I Too Far Behind? 😱
DreamyDolphin

Paid Off My House at 36, Now Unsure About Retirement Savings! 😰🏡

Hey everyone, I’m feeling a bit lost and could really use your advice. I managed to pay off my house in just six years, and now at 36, I’m putting 26% of every paycheck into retirement—10% into my pension and 16% into an optional retirement plan. But I keep wondering, is this too much? Some coworkers say I should open another account like a Roth IRA, but I’m worried that might be overkill. I also started a personal brokerage account, putting in at least $500 a month, sometimes more. With all these contributions, I can’t help but stress if I’m making the right moves or just tying up too much money I can’t touch for decades. Work is stressful enough, and now I’m second-guessing my financial planning. Should I keep increasing my retirement savings, or is there a smarter way to balance everything? Would love to hear your thoughts! 🤔💸 #JobCareer #Career #RetirementPlanning

Paid Off My House at 36, Now Unsure About Retirement Savings! 😰🏡