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The great unretirement! How droves of employees are now being forced BACK to the workplace as inflation hammers their savings - here's what to know before you quit work
Daily Mail ^ | 6/03/23 | Tilly Armstrong

Posted on 06/03/2023 3:21:14 PM PDT by Libloather

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To: Libloather

I just went back Thursday after two years as a man of leisure.


21 posted on 06/03/2023 4:44:33 PM PDT by crusty old prospector
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To: rellic
Old 68340? I wrapped up teaching embedded systems before that was available. It would be fun to teach again after I retire, but I suspect the world is not moving in a favorable direction to do that.
22 posted on 06/03/2023 4:46:47 PM PDT by Myrddin
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To: Libloather
An estimated 1.5 million retirees re-entered the labor market in the year up to May 2022,

Probably time to update Brandons latest statistics.

23 posted on 06/03/2023 4:51:51 PM PDT by eyedigress (Trump is my President!)
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To: ProtectOurFreedom

Retired at THIRTY FOUR??? I would have gone stark raving mad. They couldn’t have chose a worse poster child for this article — some spoiled brat who thinks he can work a decade and then lead the life of Riley. Cry me a river.


Not only that. This guy was (supposedly) a finance genius and though $80/year would be enough in perpetuity. Seems extremely naive to me.


24 posted on 06/03/2023 4:56:46 PM PDT by rbg81
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To: Libloather

Expecting 3 million to last 45+ years would be slightly uncomfortable even if we had no inflation. Doing it when the left is doing their normal job of effing up everything they touch is a sign of a complete dumb*ss. Remember, Trump was only an upward burb adjoined by teh Dorkbama and Biden flushes. Honestly, if we ever regain control, we have to seriously think of what HAS to be done to the left. Compared to them, cancer is but a mere flesh wound.


25 posted on 06/03/2023 5:01:23 PM PDT by Da Coyote
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To: Libloather

If this guy had to un-retire after just one year of stock market losses, he’s a bad representative of the FIRE movement.


26 posted on 06/03/2023 5:04:59 PM PDT by Kenny Bania (Ovaltine? Why not call it Roundtine?)
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To: crusty old prospector

So a gigolo! Lol just kidding!


27 posted on 06/03/2023 5:07:48 PM PDT by DariusBane (Liberty and Risk. Flip sides of the same coin. So how much risk will YOU accept? Vive Deo et Vives)
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To: rellic

“I planned to retire at age 55 from age 17.”

One of our younger relatives had the same plan and pulled the plug 1 Dec. last year & resigned from his full time job.

He planned to work part time starting about 1 March this year.

The bottom fell out of the part time jobs in his area.

Finally, he went back to work full time 4 weeks ago in a new and enjoyable job.

Also, the price on everything from gas to food and whatever
jumped up and has not come back down.


28 posted on 06/03/2023 5:21:25 PM PDT by Grampa Dave (We have no shortage of experts, who state things as fact, but really have no idea!)
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To: Myrddin

68340 is VERY old. But a good machine.
A Xilinx Virtex FPGA can do much better.
My software and electronics specialty was real time embedded stuff. I don’t do WEB pages.
I can zip through 20,000 lines of C, C++ code,
or assembly code, but HTML bores me.


29 posted on 06/03/2023 5:52:24 PM PDT by rellic
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To: ProtectOurFreedom

Sam Dogen should not be sending his kids to college if it will cost $1.5 million!
He should go back into finance since that is where he made the money so quickly.

I am doing ok now but I was worried after congress wrecked the economy and the stock market went way down and prices for everything else went way up.

I retired in nov 2021 and 6 weeks later my AMD stock (computer chips) dropped from about $154 to $102. It went up to $120 $130 range then down again then in August it started to drop until near the end of Oct 2022 it was at $54.
It started back up and in May 2023 it rose $46 in 19 days to $127.
This past week it dropped down to $117.46
AMD doubled in about 5 months.
Nvidia (computer chips) more then doubled in the past 5 months. Near 175%!

I will buy the IPO when it comes out for Starlink (Elon Musk) in 2025 or 2026. He says he needs to make more money with it. He already makes $17 billion!!
I will become very rich : )


30 posted on 06/03/2023 6:14:33 PM PDT by minnesota_bound (Need more money to buy everything now)
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To: Libloather

I retired a few weeks after I turned 60. I have no plans on ever going back to work, especially since I make more in retirement than I made while working.


31 posted on 06/03/2023 6:15:14 PM PDT by AlaskaErik (There are three kinds of rats: Rats, Damned Rats, and DemocRats.)
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To: anton

#7 You will be remembered at work by the yellow tape outline on the floor. Yep, that was Anton. He loved working here : )


32 posted on 06/03/2023 7:19:31 PM PDT by minnesota_bound (Need more money to buy everything now)
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To: Libloather

I went back to work pt. Not out of boredom. Not for the need of money. I have enough, but more is always good. But because I was asked. I do sound 10-12 hours a week for 2 radio stations. I have fun. It’s my golf or bridge. And I get $$$ for it.


33 posted on 06/03/2023 7:36:19 PM PDT by joesbucks
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To: rellic; Minnesota

Yea, but mostly what I do is figure out ways to thwart the government without actually doing something illegal. Pays well and great job satisfaction.


34 posted on 06/03/2023 8:04:06 PM PDT by anton
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To: Libloather

Serious subject turned into clown world by using a fire retired 34/44 year old. Throw in the need to pay 1.5 in college for his kids. Seriously ?


35 posted on 06/03/2023 8:10:29 PM PDT by wgmalabama (Censored !)
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To: rellic

I screwed up and took on project management and supervision position after 15 years of a very productive embedded career. Not sure I made the right choice. Now I’m 15 years into that role. I would like to go back to development but I don’t think they will let me and now probably nobody will hire me to sling code. I’m in defense now but left automotive for the job I am in. The good Lord has made things work out so can’t complain.


36 posted on 06/03/2023 8:25:27 PM PDT by wgmalabama (Censored !)
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To: Libloather

I’m 66 and thinking about retiring when I turn 67. I’m still in decent health and still enjoy my job, so I haven’t been in a hurry. I have a narrow field of expertise (industrial quality management systems) that allows me to work mostly with my brain (or what’s left of it) and that makes me difficult to replace in this increasingly de-industrialized world. And I’ve never been able to put enough away in a 401K for retirement - fortunately I have pension money from the bygone days when private industry still paid pensions stashed away. Even so, it’s hard and a little scary to give up a salary and benefits in these Brandonized times.


37 posted on 06/03/2023 9:06:32 PM PDT by Some Fat Guy in L.A. (Still bitterly clinging to rational thought despite its unfashionability)
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To: Libloather

Save save save, retire early, have to work anyway. You can’t be in tue rat race after you retire, fool.
Me? I’m planning on 65, hoping for the best. I’m a disabled veteran, so won’t have to shell out a bunch for my medical insurance. That’s a relief. Hope to have the house paid off by the time I retire.


38 posted on 06/03/2023 10:43:11 PM PDT by vpintheak (Live free, or die!)
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To: Prince of Space

bttt


39 posted on 06/04/2023 7:33:50 AM PDT by Pagey ( Valerie Jarrett IS A DEMON! )
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