When stocks and home values surged during the pandemic, retirement portfolios boomed, leading at least one early retiree to ask: “Why the hell am I still working?” He was far from alone.
It’s very hard for someone in their late 50s to want to start all over at another company, knowing nobody, learning and training. Because the pandemic forced them to: they said their “goodbyes” and they no longer have their identities tied up in work. It was earlier than they expected, but that’s what happened.
They are unlikely to go back to work unless the economy forces them to go back, and if it does it won’t likely be to their last job. They’ll be starting somewhere new as the new employee. That’s very hard on someone in their late 50s.
It’s very hard for someone in their late 50s to want to start all over at another company, knowing nobody, learning and training. Because the pandemic forced them to: they said their “goodbyes” and they no longer have their identities tied up in work. It was earlier than they expected, but that’s what happened.
They are unlikely to go back to work unless the economy forces them to go back, and if it does it won’t likely be to their last job. They’ll be starting somewhere new as the new employee. That’s very hard on someone in their late 50s.