Reply to Regret Retiring Given Inflation/Market Woes?

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[quote=Anonymous][quote=Anonymous]Co I worked for wanted more diversity, so employees with 30 + yr experience were forced out. If you didn't believe Drag queen bingo at a co. holiday party was awesome, you were given  s*&t assignments. Complain? Told,  seniority "doesn't count" because "we are in a pandemic"

IF the company culture was the same as it was pre-2019, I would NOT have been forced out & I would NOT chose to retire.  I refuse to return to work & take a low paying job- I just do not buy any extras, will not go on vacations, or give big gifts. I would rather do with less & wait for SS & Medicare to kick in. (So I have no income at all, except for what I withdrew from 401k & my savings)

Oh &  I have the lovely opportunity to pay over $32k/yr for health ins for myself & wife, (& we better not get sick because we have copays, coinsurance or we are really screwed) Can't qualify for any subsidies for ACA because I took $ out of my 401k, so we "make too much".

I can't regret retiring, because it was NOT my choice. But as a long time union member & Democrat, I certainly regret paying union dues & my voting choices.

If you are not being forced out, I would not retire until you can get SS & Medicare.

[/quote]

Seems you and others with similar seniority had a case for an age discrimination suit. Companies are trying to cut higher paid workers and this type of layoff  appears suspect. [/quote]

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