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Will I make it?

August 22nd, 2022 at 08:13 pm

I'm 2 years away from being able to phase retirement. Things have gotten bad at work and there will be layoffs by November 1, I will know if I'm impacted. I have no control over if this will happen or not. I believe if it does happen, it won't be the worst thing. I know that there are other folks who are really impacted. It helps that while I enjoy my job, it's not my identity. I have also been through a layoff and came out better than I expected. This could be true here too if it comes to pass. I also work extra during the summer and the second half of my wages were not paid. There will be a lump sum to me hopefully on the next paycheck if everything goes right. Sadly, I expect it will be highly taxed but oh well, this too will resolve itself eventually. 

Summer is over and life just continues to move a long. 

Posted in Personal Finance, Retirement | 2 Comments »

2 Responses to “Will I make it?”

  1. rob62521 Says:
    August 22nd, 2022 at 09:15 pm 1661202920
    1661202920

    I hope you get your bulk pay. I once worked for some place that offered me $3 and hour, but paid $2, telling me they would give me the extra dollar an hour in a bulk pay. (This was years and years ago) and I worried that I wouldn't get the rest of the money. They did when they sold the book they were publishing, but I was happy to have the job then and even happier when I got the rest of the money. Hope it works out for you too.

    I'm sure since you've said you've been through a layoff before you are already planning on what you need to do if it comes about. I hope it doesn't.

  2. Amber Says:
    August 23rd, 2022 at 05:14 pm 1661274892
    1661274892

    I have my fingers crossed that no matter what happens things works out for you.

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