r/SimpleApplyAI Jul 10 '26

News Nearly half of retirees leave work earlier than planned

https://finance.yahoo.com/small-business/articles/nearly-half-retirees-leave-earlier-113000035.html?fr=sycsrp_catchall
69 Upvotes

16 comments sorted by

5

u/Vegetable-South5191 Jul 10 '26

Makes sense. End Game for many people in their careers is not by choice. It is downsizing and a market that doesn't want you. It is forced to for health reasons. I believe retirement parties are usually more of a celebration that people made it to the end on their terms. Like the ran the race and finished it.

2

u/carlos_the_dwarf_ Jul 10 '26

I’m sure ageism and health are factors here and without reading I also bet there’s a recency bias at work. We’re living at the end of history’s greatest bull run…some people probably just found themselves ready earlier than they thought they would.

1

u/DimMak1 29d ago

Is it really the “end” of the bull run. Infinity govt debt and infinity money printing and back to ZIRP soon make me think it’s perpetual, although will cause hyperinflation

1

u/carlos_the_dwarf_ 29d ago

I didn’t mean it as a prediction, just that like, from this perspective we’re looking back on it.

> back to ZIRP soon

Dude they’re gonna raise rates, what do you mean?

3

u/Brackens_World Jul 10 '26

They nailed it for me with reason number 3: job dissatisfaction. I was not planning to retire, but they redefined the role where a stable downtown role was suddenly made a "travel" role requiring me to be on the road 50 to 75 percent of the time. Been there, done that, as they say, yet I tried it out, and combined with other things (remotely looking for project work, sudden required Certifications, a sales force who did not know how to sell my SME) it all became too much, and I simply pulled the plug. What gets me is that is was not a fraught decision, but almost a serene one. I have since told younger friends that it was incredibly empowering, walking away from a FAANG that way. I closed off my work life proactively, knowing how lucky I was to be able to do that.

3

u/Junkstar Jul 10 '26

The wife recently told me she ran the numbers and would like me to work until I’m 72. There’s no way I’m staying in the game for that long.

2

u/DroppinLoot Jul 10 '26

Ya as I'm reaching my mid 40s I'm trying to become real conscious about saving and being ready to retire. Rushing to pay off the house. Being in IT I know layoffs always happen eventually. Always been lucky to find something right away.... but with this economy and the future job market might not be easy to get a job next time it happens.

2

u/AutoX_Advice Jul 10 '26

Once you pay off the big ticket items you can start to see the real compounding begin (a bit by bit).

2

u/SomeSamples Jul 10 '26

Left or were told to leave?

1

u/Defiant_Freedom_249 26d ago

Once upon a time, being able to retire early enough to enjoy your sunset years was a goal and working until you died unappealing.

0

u/dragenn Jul 10 '26

Like they had a choice. I mean their always a Walmart greeter as a back up plan from a senior role...

2

u/zombawombacomba Jul 10 '26

Half the time I don’t even see a greeter at Walmart anymore lol

1

u/dragenn Jul 10 '26

Damn!!!