21 thoughts on “Retire and Move to Florida, They Said: Part One, The Covid Years

  1. During covid while working remote, 90% of every 1 on 1 skype call started with 15 mins of bitching about the company, the excessive overtime, the stupid polices, management, etc. It’s hard to realize you’re in a dysfunctional situation until you get out. Looking back, I should have realized that it was an alarm bell. Fortunately, I ended up in a better place, although it took a while. I’m not ready to retire yet, but I’m now at the point where, when talking to my Dad once before he retired said “I’m tired of the politics, the bullshit, and the idiots.”Report

    1. The AARP actually advocates against it, but in an economy where we deludedly tell ourselves that mysterious “market” forces set wages, experienced workers command a premium that companies don’t seem to be willing to pay. As the Great Resignation rolls on I expect that to change somewhat, but it’s hard to tell exactly how that plays out.Report

      1. “experienced workers command a premium that companies don’t seem to be willing to pay” I can vouch for that. At my former company, I and the other Lead Finance guy were told repeatedly that we were the two highest paid staff in the Group (of companies in our division) outside of management. Naturally if you compare titles and pay for all our group, the finance guys in the mid Atlantic are going to make lots more money than the folks in Florida or Ohio. Lo and behold, the two highest paid staff are now gone and they are refilling the jobs with junior staff–and all that institutional knowledge and experience is now gone. Meh.Report

        1. I’ve never seen a good explanation for Rex Tillerson’s attack on the Foreign Service, but I think it’s exactly this. When a CEO sees a highly, skilled, prestigious group that isn’t top management, he has to prove to himself they aren’t needed.Report

      2. we deludedly tell ourselves that mysterious “market” forces set wages

        They’re not mysterious. They’re fairly well understood.

        experienced workers command a premium that companies don’t seem to be willing to pay

        This doesn’t make any sense. If companies aren’t willing to pay a premium for experienced workers, then they don’t command a premium. Conversely, if they are able to command a premium, that means that companies are in fact willing to pay for it.Report

  2. There’s this weird tension between “you have to spend six figures on a degree so you can get a good job!” and “workers are pretty much interchangeable”.

    I know that in IT right now, companies are pretty much all headhunting each other and the best way to get a raise at your job is to move to another job, work 8-9 months, then come back.

    It doesn’t seem sustainable.Report

      1. True, but if we look at the EU situation where labor is more stringently regulated the trade off is for unemployment to permanently sit at around a 30% in good times up to much much higher in tough economies. I can’t say with any confidence that’s a better situation.Report

        1. While the Euro area generally has higher unemployment than the US, no country got up to 30% unemployment even during the Great Recession. In Spain and Greece it surpassed 25%, but 10-15% is more typical of those countries, and for the Euro area in general, the average is in the mid to high single digits during good times.

          You can see data here:

          https://data.oecd.org/unemp/unemployment-rate.htm

          This is using the international definition of unemployment, so the numbers should be more or less comparable.Report

      1. When I was finally on the wrong side of a corporate acquisition, I was offered a retention bonus equal to a year’s salary if I stayed for a year or until the acquiring company let me go, whichever came first. Half up front, half at the end of the year or when I was terminated.

        My final check included my substantial severance pay, the second half of my retention bonus, unpaid vacation time, and a couple of smaller things. Biggest check anyone has ever handed me.

        Wrong side meaning we were acquired rather than acquiring.Report

  3. One of the questions I used to ask former colleagues was, “How are you going to fill all the hours in the week after you’re retired?” I started answering that for myself before I was 50. I have a list of little software projects; things get added faster than I can finish them. I have a research and writing project that I doubt I can finish before I die.Report

    1. I know what I’m doing when I eventually retire, presuming we’re not on Variant Omega Zed and all having to hide in our houses lest we catch a super-contagious immune-escape version of COVID: I am going to do volunteer work

      and if anyone gets rude at me, or demanding, or puts more labor on me than I want, I will simply quit. Because it won’t matter, since I’m not being paid.

      There’s a national park about an hour from me; if they would take me I’d happily lead walks or do programs or even pick up trash on the trails – I did the simple scutwork type of volunteer work at the park near where I grew up when I was in high school and I enjoyed it.

      I have hobbies, but I also need to feel like I”m doing something that matters to someone other than me.Report

        1. Yeah, I get that. I’m totally alone, though, and one thing I learned from the pandemic is spending too much time staring at my own four walls and listening to my own thoughts makes me sad and weird. I wasn’t prescribing, I was saying what I was going to do.Report

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