How to cope with work in run to retirement

blisteringblue

pensionpawn wrote: »

...and then rinse your redundancy through your pension and immediately boost it by 20% (depending on age and contributions that tax year)

Mind you, you need a company who offer better than the statutory minimum redundancy, which is quite poor.

True, ours do tend to compromise you out rather than true redundancy. I will suggest it, they can replace me with a younger cheaper option and give me 20-25k to go. Win Win if it goes to plan, but still 40 months left if not.

Light at the end of the tunnel at least

ratechaser

Thrugelmir wrote: »

Make yourself redundant by driving through productivity and efficiency gains.

Yep, been there and done that before. Only fly in the ointment is when the cost of the redundancy package is more than the cost of keeping me on in any given year. So the trick is to wait for those cycles where a big organisation like mine will take the redundancy cost centrally rather than hitting department budgets.

May just be a banking thing, but there's clearly a growing trend for working this system as people get towards their 50s...

JoeEngland

MallyGirl wrote: »

Same here. Just going through yet another restructure, got to break in another new boss who doesn't understand what I do, apparently I now need to become Agile too despite it being a poor fit for what I do and challenging for me as a homeworker 150 miles from the office. At least I have 15 years service if they decide I am just too awkward and have to get rid of me.

Is that form of Agile the Scrum method? I had one experience of that when a Scrum Master (why the exalted job title?!) was brought in. He seemed to know little about IT and just thought that Scrum principles could be applied to anything, even though what we were doing wasn't suited to it. Suffice to say dealing with that kind of nonsense only reinforced my desire to retire and get out of IT regardless of any health issues.

shinytop

JoeEngland wrote: »

Is that form of Agile the Scrum method? I had one experience of that when a Scrum Master (why the exalted job title?!) was brought in. He seemed to know little about IT and just thought that Scrum principles could be applied to anything, even though what we were doing wasn't suited to it. Suffice to say dealing with that kind of nonsense only reinforced my desire to retire and get out of IT regardless of any health issues.

Same here. As well as IT projects, we have "agile" being applied in other areas, complete with epics, user stories, sprints, product backlogs, daily standups, etc. As far as I can see it's just re-hashing the same old stuff that was being pedaled 25 years ago.

k6chris

shinytop wrote: »

Same here. As well as IT projects, we have "agile" being applied in other areas, complete with epics, user stories, sprints, product backlogs, daily standups, etc. As far as I can see it's just re-hashing the same old stuff that was being pedaled 25 years ago.

6th Sigma anyone?- Ah, those were the days........

ffacoffipawb

shinytop wrote: »

Same here. As well as IT projects, we have "agile" being applied in other areas, complete with epics, user stories, sprints, product backlogs, daily standups, etc. As far as I can see it's just re-hashing the same old stuff that was being pedaled 25 years ago.

I am fed up with this corporate bulls**t bingo.

Instead of retiring early in June I am going down to a 2 day week, topping up from my SIPP as required.

I may still retire sooner rather than later, see how it goes.

Sea_Shell

I've just worked out that I only have to give 80 "working" hours notice, if I decided to leave!!!

That's assuming I don't have any untaken accrued holiday at the time.

Here's to taking it one hour/day/week/month at a time!!!

MallyGirl

JoeEngland wrote: »

Is that form of Agile the Scrum method? I had one experience of that when a Scrum Master (why the exalted job title?!) was brought in. He seemed to know little about IT and just thought that Scrum principles could be applied to anything, even though what we were doing wasn't suited to it. Suffice to say dealing with that kind of nonsense only reinforced my desire to retire and get out of IT regardless of any health issues.

Yep - that is the one. It will end in tears! Got a 2 day course on it next week so that is 2 nights in a hotel and 8 hours on trains - bah humbug!
52 next month so I need to stick it out a bit longer. This week I have changed my end date from 60 to 58 as that is the end of the current mortgage and should be the year DD graduates (if she gets a place first time round).

MancJonny

I am 60 and plan to work for another 2.5 years (max) in my civil service job. Luckily for me, my health is good and the post not too onerous.

I must admit, I have started counting down the days (in months) already, but I am finding that my
whole attitude to work has changed now that I have just about hit the age at which I can retire, so staying a year or two longer to help the finances along is no big deal.

Mind you, it helps if there is a good pension at the end of the rainbow - see #77 at the end of this thread:
https://forums.moneysavingexpert.com/discussion/5899329/should-i-opt-out-of-the-civil-service-pension-scheme&page=4#topofpage

Vespaboy

For me I think I am going to try and distract myself at work and with hobbies and like most people on this forum is struggling with the ongoing work pressures and corporate nonsense that goes with it. My pension planning has a way to go yet and with a life time of paying for private education has meant that I need to do these years (I know that was my choice, but both kids are in good professions and well rounded individuals so I guess that was the most important investment I could have made)


I am looking forward to the next stages life will bring but also have one eye on the present - trying to enjoy life now and spend time doing new things and having mini adventures along the way since it is too easy just to deny yourself now for the sake of a few extra pounds saved and there is only so much delayed gratification you can do. What is going to be the hardest aspect once I finish work is to adjust to the de-accumulation aspect - I suspect most people here will be the same as you would not be on MSE if you were not predominantly a saver



In the meantime there is always the lottery.....