Reply to Regret Retiring Given Inflation/Market Woes?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][/quote]
Unlikely this is why you were forced out. And if so, why didn't you do like people in the 90's did, and keep it to themselves. 
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Believe it or not- your choice. But I was forced out, along with others with traditional values.  I, along with others, did not make any announcements or engage in any discussions. But when we did not "register" at an online portal, &/or attend/participate in these & similar events, management knew who believed or didn't in their agenda. As far as a class action lawsuit, our useless union told many of us that changing shifts, stopping a company match for retirement benefits, etc. were not guaranteed. The union rep told us we should be "honored" - more senior members were needed to work the sh*t hours to "train" others (funny that the "trainees" were never assigned to those shifts or were allowed to work from home).

I am using my savings to pay for healthcare because I was told by a financial advisor, if I (or spouse) have a major illness or accident, medical providers can put a lien on my home & can add all kinds of attorney fees, collection fees, etc. And they can get my savings account (that I just put a large chunk of 401k money into).   
   
I paid into SS for over 40 years- when I am eligible, I will take it. & I will put in for Medicare benefits as soon as I can. 
(At my age, my education & experience, it is impossible for me to get hired for a similar position. I will not take a minimum wage job, pay more taxes for the government to waste  and be kicked around some more. I have had enough. I am old school- if you make a bill, you pay it, but I am rethinking that.  If I sell my house & can protect my assets, then I will probably stop paying for health insurance.

There is a whole group of us in the younger group of baby boomers who didn't get the cheap or new houses in the 70s or early 80s, and don't have the guaranteed pension, that are really being screwed over.  (Management "consultants" came in and advised my company to discontinue the guaranteed pension & gave employees a 401k). Only consolation is- I am not the only one. 
 
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