Anonymous wrote:
Anonymous wrote:I am 57 and just got a huge promotion (to me) with a 20% raise. I also got accepted into a very prestigious (in my field) national program, which has really increased by perceived value (I still think I'm the same person, but others don't).
I have marketed myself. I have built relationships far outside my small organization. I have acquired new, relevant skills. I have always tried to keep up with the skillsets that 20 somethings and 30 somethings take for granted, rather than give up and hand things off to assistants.
I've watched others kind of sit back and rest on their accomplishments when they hit 40s and 50s (more so in their 50s). And I'm not blaming them at all. A work/life balance is critical, and everyone makes the choices that are right for them. And honestly, it would have been me, too. My kids are grown. I want to travel more. But a few years ago, something happened at work that positioned me to have more influence and deliver a better product. So I was motivated by that and just haven't stopped.
Having said that, I don't think there is anywhere more "up" to go, for me, but I do think I've got some good insulation from losing a job, or at least from losing a comparable income, until I retire.
The problem is people fail to realize outside Fed and State work the retirement age is now 67. I was doing Goal Setting with a 37 years old woman last week. She took me off guard wen she went off how hard she worked up to this point to get where she is. Usual MBA/CPA worked a few good companies, two kids around 4 and 8. She was like she is looking forward to retiring one day and she is doing the bare minimum at work right now.
Mainly remote and off to bus stop, day care pick up. IDK to be honest. But she literally has 30 years to retirement. She will soon be 50 with kids in college and empty nestor and large tuition bills and her resume will be empty and she will be competing with 30 year olds for work. She litterally feels she did enough by 35 to coast.
Next up I have to do it a 36 year old guy, he too is already talking about about retiring early at 60. Like his Dad. I am laughing. Dude you have have the foot off the gas at 36 you aint going to make it to 52 before you are canned and never work again if you dont start adding value.
This is real reason 52-62 year old people find themselves unemployed and never work again. They were coasting, over paid and have no employable skills. They started coasting at work.
My last job the new CEO fired the entire senior mgt team in his first 12 months. Myself and a a few others still have big jobs. The rest were coasting and when got perp walk at 50-55 they were toast. And we were labeled URA - UnRegretted Attrition. And we signed NDAs. Anywork we did there is useless. Some spent 16-18 years there and our internally built systems exist nowwhere else. THey are toast