We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Financial Independence . Such a lovely feeling.

2»

Comments

  • newatc
    newatc Posts: 911 Forumite
    Ninth Anniversary 500 Posts Name Dropper
    bluenose1 wrote: »
    My employer is currently reviewing working processes and early days but the word "shrinkage" has been mentioned. Enough to send a chill down my spine.
    I have worked out the figures and thanks to all the tips I have picked up on this forum i am not too financially worried about being made redundant.
    Working another year or two will be a financial bonus but not essential. Can't tell you how relieved I am that redundancy doesn't hold that fear. In fact I think I would welcome it, though my preference woukd be for it not to happen for 6 months or so to have more in my D.C. pension pot.

    Though have been through redundancy before and apart from the financial aspect just the toxic situation can be upsetting as you don't want colleagues to lose jobs etc.

    My hours and hours of research and spreadsheets may becoming too fruition earlier than I planned. Win/ win either way hopefully as I intend to go in just over 2 years at 55.

    I was in a similar situation. Didn't like my job and was intending to ask for retirement at 55. Some 2 years before I hit 55, redundancies were being talked about and I hoped I would be among them. A few months later I was offered redundancy with good retirement package - a brilliant result.
    The odd thing is that despite it being brilliant (and I have never regretted it for a moment) I still hated being called into Manager's office and being told I was no longer wanted! No pleasing some people:)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.