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To: SamAdams76

I work for a major IT company as a field service engineer and am 55 and in the same boat as you. I have to be jabbed by December 8th since I support a Federal account. I was also told that I have to comply with customer guidelines whom I service and one of the major accounts I go to has already mandated that everyone who comes onsite must be able to attest to being vaccinated so my deadline may come sooner. I have 24 years in the company and I am planning to let them fire me and take enough from my 401K to pay off my major debts take the tax hit and then maybe work in a more menial job (if there are any such jobs) or go a different direction until I can retire.


167 posted on 10/24/2021 3:30:00 PM PDT by gawatchman
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To: gawatchman
You will almost definitely find a job. Likely much less than you were making but you will be free. My wife and I have been discussing the same approach. She has some 401k from her previous jobs and she's old enough to take it without the 10% penalty. So we will likely pay off our remaining mortgage with it as well as our one car loan note. Then we will be totally debt free and able to switch to low budget living.

Not the way I wanted to go out but it's doable. If I can delay drawing from my own 401k for a few years, we should be home free. Good luck!

170 posted on 10/24/2021 3:36:01 PM PDT by SamAdams76 (I am 1 day away from outliving Sebastian Cabot)
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