General Discussion
In reply to the discussion: (Poll) Are you better off now than 4 years ago? pre-Covid [View all]Ms. Toad
(35,618 posts)I had planned to work until I was 72. The dean at the school where I was an assistant dean had other ideas. (He got slammed back to the classroom since he was doing such a crappy job, and decided to take out his anger on someone he could get rid of without any reason. I had a 6-month "whim of the dean contract." During his tenure I was the second person with cancer he terminated, and the second over 60. He only terminated 3 people . . .)
The reason for the target age of 72 was that I would receive the maximum retirement pay in a defined benefit plan. So I ran the numbers and it turns out that if I found another government job (at 65), I would be around 100 before I felt the benefit of those extra years of work (60% now v. 75% for 7 fewer years on the front end). So I chose not to look for another job. But until I decided it wasn't worth it, I was not looking forward to re-entering the job market.
Hope you find something!