I was laid off at 56 and what I did next
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- เผยแพร่เมื่อ 23 ก.ย. 2024
- Being laid off in your late 50's is so hard, but there is opportunity after such a negative event if you take control. Here is my story and how I dealt with the aftermath of an unexpected, late-life lay-off.
Come say hi:
instagram: / smallretiredlife
I retired at 68 having worked full or part time for 50 years. Waking up every day in control of my own life and decisions, is a blessing beyond imaginable!
Absolutely agree with you having control over your own life and your day-to-day is such a blessing. Welcome here and thank you for leaving a comment.
Yes, it is!
I LOVE that you dismissed your boss. No need to listen to hollow excuses, etc. You really retained your dignity in a very difficult situation.
L O L yes. It was like the only thing I could control in my life at that particular point in time. Honestly, I just didn’t want to hear how it was them not me, blah blah blah. As I mentioned in the video living in Calgary, we get laid off a lot because the oil and gas industry is like the biggest employer here and those companies get sold a lot so we get laid off a lot. So I’ve been laid off several times, I know the spiel and I wasn’t particularly wanting to hear it again. All I wanted to know was what my payout was going to be.
@@smallretiredlife- that’s right- “SHOW ME THE MONEY” What movie was that? I think that was a really impressive move. I would not have thought of that. Good for you!
@@smallretiredlifeI am curious how your boss reacted. Typically in the United States,the boss or management would remain with the HR person.
@@recherche4528the HR person asked the boss to leave.
I got laid off 3 years ago at the age of 53 after 18 years on the job. Best thing that ever happened. I turned that into early retirement.😁
Oh my goodness good for you. I’m so happy for you - that you’re OK with it and that it was actually a good thing. Thank you for watching and thank you for taking time and leaving a comment.
I love that you asked your boss to leave. Wish I had done the same. I didn’t need to hear about how I was below par . 😁
@@mikefigures5075 if you were with the company for 18 years I hardly think you were below par. You were probably a great employee! Good for you that you are able to retire! Enjoy your time!
Exactly, I was laid off at 50, way too early, from a well paying job in an industry I had come to hate. I went back to school and got another degree that would enable me to do a job that I would like. I could do this because I had gone out of my way to save over the years. I’m now enjoying the work that I do.
Welcome here and thank you for leaving a comment. I’m so happy to read that things have worked out for you. Life is too short to be in a job you absolutely despise!
back to school at age of 50? wow
What did you study?
I would also like to know what you studied because I was laid off at 47 over a year ago and it's bleak. Looked at some licensing programs in healthcare and other stuff, it's still like 2 to 3 years and I just don't believe anyone will hire a 53 yr old to do anything they just started doing.
Allot of what you mention about grieving and taking time to accept what has happened applies not just to being laid off but to retirement. I could really relate to this. I retired in July and I’m still trying to accept the change. I was with the company for almost 37 years.
Yes, totally agree with that. It’s a loss of a life you knew. Very few people in my city work that long for one company. I can’t even imagine how hard it would be to all of a sudden not having to get up to go to work when you’ve been going there for 37 years.
"A lot"
37 years is a lot
Hi!!!! so glad your channel came on my feed. I also got laid off in 2018 at 56 years old. I also knew 3 days in advance I was getting laid off because my employer's payroll department stupidly posted my severance pay on ADP payroll system which I had access to. (so stupid right!!!) I did not dismiss my boss, but hearing that you did makes me wish I would have thought of that!!!! I did not dismiss my boss, but because I had 3 days of insight I was able to maintain my dignity, remain stoic, I had cleared out my desk and all personal belongings, etc. Thank you for your story!!!! I am excited to hear more.
Oh my goodness what a story. There is something nice about knowing ahead of time because it does give you time to prepare yourself. You can kind of think about how you will handle things. Thank you for tuning in and thank you for taking time to leave such a nice comment.
I'm happy I found this video. I'm 62 and was laid off some months ago. I found your video very inspiring.
Oh my goodness! Welcome here and I’m so sorry to hear you got laid off. It really is so much harder when you’re older. But I know you can do it. I know you’ll be just fine. Take care of yourself first.
Luckily at 62 and not younger. At least you can get SSI Retirement.
57 yrs old and laid off at the beginning of 2024 after 5 yrs. I was actually elated, happy but a little scared but I qualified for a severance pay and unemployment. I literally was so happy, I made my boss a little nervous. I was able to land a job 3 months later with full benefits effective immediately . Grateful. FYI no matter what you say or how much you cry in front of your employer, your fired and it's not going to change a thing, so go out with dignity.
I love, love, love hearing your story. I’m so happy that everything worked out well for you. Thank you for watching and thank you for leaving a comment.
Nice video! I left my job at 62. I really liked my job but the stress from poor management (my opinion) was making me feel awful ! It’s been a year. I feel great! The best advice I could give to the generation behind us, is to save when you are young ! If you put away a little for a long time, you will have a lot of money ! Compounding is amazing! Your future self will thank you 😆
Thank you for watching my video and leaving a comment. Welcome here. I so totally agree with absolutely everything you’ve written. And having worked at corporate gigs pretty much my whole career, I totally understand how stressful it can be if you have poor management. I’m happy that things are working out or at least it sounds like things are working out!
Thank you for sharing. I was laid off in March of 2023, which is around the same time I turned 60. I went through the grieving process as you mentioned and I also tried finding another job right away, however after applying for hundreds of jobs over the last year and a half with no luck. So I'm now coming to the realization that I am retired and starting the next phase of the process of acceptance and figuring out next steps.
Firstly, thank you for watching my video and leaving a comment. Welcome here. I am so sorry to hear you got laid off the age of 60. It’s really hard! But I have to say being retired is absolutely lovely. Finally an opportunity to do things that give you pleasure, joy, and make you happy. I hope everything goes well for you.
I'm glad I'm not alone in this! Getting laid off is SO humiliating. However, Reina (sp?) makes a good point below: it's a chance to make a better life for ourselves. :)
I actually left my job 10 years ago just to sell on ebay/amazon and it worked out fine. I was 52. Now years later, aged almost 63 I have had to go back to work part time as my online selling has gone bad. It can be hard on the body working fulltime, so decided to work part time. Good luck to you in your life from the UK
Thank you so much for watching. You’re brave for going back to work. I think that would be really hard after being your own boss. Best of luck to you.
@@smallretiredlife It was at first, but my colleagues are great.
Like a family
What happened with online selling?
So glad i found this. I am 58 and work in tech. I’m confident that next year, likely around May when the next round of mass layoffs come, that i will be let go. In my late 30’s I went through an extremely difficult time after losing 2 people very close to me. This time included a job loss, which really piled on the pressure because i was not at all financially stable. That experience was a time of extreme stress, all of it amplified by my financial situation. This prompted me to make achieving financial independence priority 1, 2 and 3. I achieved FI. So… next year when they lay me off, I’m ready.
Firstly, thank you for watching and welcome here. I am so glad to hear that financially you’re ready if you get laid off. There is an amazing feeling about being able to take control. If a bad situation happens I think the tech industry, like oil and gas, is really prone to a lot of layoffs. Good for you for being organized and being ready. I think we’ve had the past and experienced an extreme level of stress due to finances in some cases it’s spurs us to take control.
I was forced to retire from my 35 year career due to health reasons. It’s good to hear how you processed your lay off. It has been very sad for me. I wasn’t ready, lost some great relationships and didn’t realize my identity was wrapped up into it. I chose another occupation that isn’t a fit and feel a bit lost. Trying not to panic but trying to take it one day at a time. Thanks for sharing! All the best to you! Great suggestions too!
So sorry to hear you’re having a tough time. Definitely read the book by Ryan Holiday “the obstacle is the way”. That book just really helped me. Thank you for watching and commenting.
I was 58 when I was laid off and it turned out to be a blessing. I spent a year grieving, resting and traveling. When I decided to look for a job, I was able to get my dream job. I stayed at this job until I retired this April. I am enjoying my retirement and I receive a retirement check each month. I am grateful every day for everything that came before this, life could have ended up differently if I stayed in self pity. I try to look at obstacles as a learning opportunity and that makes life more interesting. Thank you for your video it was helpful.
Great story and I’m so happy that things have worked out for you. Thank you for watching my video and leaving a comment.
that is so great! what was your dream job?
@@Summergirl65 my dream job was with our county mental agency as a social worker. The best part was my supervisor, she was supportive and allowed us autonomy. And I was able to build up enough time so I qualified to get a retirement check each month in retirement. Working for the county is about the only job in our town that offers retirement benefits.
@@michellewaters1246 that's great!
Thank you for your story. My company has just laid off 3500 people and in a sales role, there is fear of being next. I love the mindset of being in control.
Wow! 3500 people! That is just so sad. I hate the fact that people are just commodities to employers. Getting laid off has just such a profound effect on you even if you know that it’s not your fault and it’s just a company doing what is best for themselves. I hope everything works out well for you
I retired early, yet after the reception and all the cards and letters of well wishing I had an issue with separating myself from my former career that I spent over 35 years doing. Everytime I visited, the small college campus that was so much of my adult life I felt just a little guilty. I could not put my finger on why. Even through I was always welcomed warmly by my former staff and co workwrs I cound not help but feel that guilt. In the end I just decided to just hook up with a few people who had retired a few years earlier than myself and we would do lunch or just do a coffee and that did the trick I got to a place where I did not miss the campus any longer. It has been seven years now and I continue to keep in touch with friends from my campus life I am very satified now. Thank yiu for taking the time to read my story. God bless. 😊
Thank you so much for watching and for commenting. I agree with you. It’s really hard to kind of figure out who you are after you retire. So much of our personality is enveloped around our careers!
I am so glad I have come across your channel. I have recently been laid off at 58 and it is no joke . Look forward to your future videos.
Ugh, I know exactly what you’re talking about. It’s hard. It’s kind of sad because when you’re older, and if you’re still wanting to work, you actually have so much experience and knowledge to offer an employer!
When I got laid off I couldn't take time to process, I was single mom, 3 kids, I had to take the first job I could while still looking for better job. It would have been nice to take some time. Glad it's worked out for you ❤. Great video
Yes, I agree. That’s very stressful when that happens. I have two children and I’ve been laid off when I was younger and they were still little. Same thing here, I had to go straight back to work. find a job right away. I was super lucky in that I was always able to find work almost immediately after I got laid off because of the field of work that I was doing. At that time there were not that many people doing what I was doing so I was in a good position. Not everyone is in that kind of a situation. I think it’s that situation that really spurred me on to take as much control of my money as I possibly could. My savings mentality was definitely caused by trauma.
Yes, COVID put me into early retirement at 59 in February 2020. But later that year I found out I was going to be a Grandma! What a wonderful surprise. And I was able to come and go as needed to help out this new family of mine. 😊
Oh, that is so exciting. I have five grandchildren so I can tell you they are such a blessing.
Your story is so inspiring! This exact same thing happened to me at age 61 in 2023. At first I found my new time off so therapeutic - I took some trips and enjoyed the summertime here in Wisconsin. However, a year later, I am beginning to wonder what I am really doing with my life to bring me satisfaction and joy. After working since I was 16, I am ready to do what I want to do now with the remaining time I have left on this Earth. Thanks for making the effort to share your story with everyone.
Aww, thank you so much for the lovely comment and welcome here. I hope you find your next passion. The awesome thing is that it will be something that you really really want to do and will enjoy. This is what I love about being retired - I love being retired but doing TH-cam keeps me really busy and it’s fun. I don’t really care if it doesn’t bring me any money. I’m just enjoying learning new things.
I’m 55 and quit in March this year… get out and enjoy life now before it’s all over. I’m now converting a 2023 Mercedes sprinter, renting out my home next year and am going to slow down and travel and start enjoying my life. 😊
Wow, sounds like you have some awesome plans. Yes definitely life is too short so do what gives you joy.
Before you said I knew you were going to ask your Manager to leave and it was a BOSS move.
Thank you I really appreciate this comment lol! Honestly, it was like the only thing I could control in that situation!
@@smallretiredlife no problem. I work in HR so thoroughly appreciate and respect that move.
I can’t believe your channel came across my feed. Im 60 and am lucky that I work from home. However, I think of retirement all the time. Medical insurance would cost me about $1200 per month if I was laid off - I’m in California. That’s the scary part for me.
Yes, I think Americans have it more difficult with the whole issue of medical insurance. We are lucky in that we have universal healthcare in Canada…. However, it comes with its own problems…. Like many people not being able to find a doctor.
@@smallretiredlife that's happening in California with medicare. i waited 6 months for a new primary care physician. the week before the appointment my 90 year old mother fell and was in hospital. i had to reschedule the appointment with the PCP. oh sorry nothing available for another 6 months!!!! waiting 1 year to see a PCP? also waiting 6 months for a dermatologist for a weird mole. they don't rush you in that's for sure.
Thank you for sharing your experience. I dream of getting laid off at my company. At 53, I'm the perfect candidate! It would be scary $$$, but I know I could make it work and be very happy. Your apple bread and your voice over are both very lovely.
Awww, thank you for liking my apple bread recipe and I hope you get laid off if you really want to get laid off! Getting a package is really awesome, and in the end contributed to me being able to eventually retire much sooner. It’s amazing what you can make work when you have to.
I’m 54 and lost 3 jobs in my career. I’m still going. Build resilience by accepting that everyone is replaceable. It’s not life. It’s just a job. Get another one
Also, live within your means and you’ll never need to worry
100% agree. Thank you for watching and for commenting.
I was a little more fortunate than you… I was laid off at age 60. For me, that was perfect! They paid me lots of money to go away, and I also decided to retire. Great decision, I love retired life.
Ugh! I am so jealous. If that had happened to me at 60, I would’ve been cheering and running down the street in complete joy. As it was, I had to wrap my head around it a little bit more but it still worked out. I definitely do not miss working….ever.
I don't understand employers not hiring employees at a later age because they think you won't stay long. Because employers will lay you off after only a few years. So what's the difference?!
lol, yes, totally true!
I think that a lot of managers can't cope with a team member who is older and more experienced than they are. It shatters their egos and so they refuse to hire.
Wow this makes me so sad for women in their 50’s and beyond.
I’m late 40’s and work for myself and am thinking to go back to working for someone but I realise now, it’s not going to be as easy as finding employment when I was in my easily 40’s.
BUT I’m hopeful.. and will stay working in my business until I find a job job.
Good for you to tell your boss to leave the room.
I’ve been made redundant twice and it was tough. The first one nearly broke me at 38 years of age.
I did what you did, take some time off, I went to life in Mexico for a working holiday.
The 2nd one I handled like a boss and started being self employed straight after that redundancy.
I guess I saw your other note 1st. So it sounds like you don’t live in Mexico, but you just went there for a vacation. That’s funny because I went to Mexico for vacation when I got laid off in one of my jobs. I went to Cabo. I’ve never been self-employed. I guess TH-cam is kind of my version of that although I am looking at it as more of a hobby than anything else. If it ever gets monetized, it’s a bonus in life and more just to prove to myself that I can do it.
Beware the ever so casual but vague request for a ‘quick chat’
I’m young in my 30s but still subscribed because you have a great testimony and mindset in face of adversary. Love your story. Keep it up! ❤
Wow, thank you. I love watching much younger TH-camrs…if the channel interests me, I don’t even see the age. Plus …there are not a ton of female TH-camrs in my age group lol…though there seems to be more now.
Such good information, and your story and the way you presented it really hit home. Well done, Raina! Looking forward to more and I’m glad you’re doing well!
Thank you so much for watching and taking time to leave a lovely comment 😀🙏
I had a similar experience and low and behold I am working my passion now. I am tutoring learning support kids at a middle school. It’s part time, gets me out and is meaningful to me. Of course I didn’t know this was going to happen and I had to sit and grieve, but I had a good friend who encouraged me. Thank you.
That is absolutely awesome. Good for you! What a meaningful job to have working with kids who received so much value from the time you spend with them.
@@smallretiredlife
Thank you. I’m looking forward to more vids
I was fired at 58 for cussing out the supervisor--not sorry and it all worked out--happily retired and enough $$!
Glad that all worked out for you. And yes, I agree. Retirement is great. Thank you for watching and thank you for leaving a comment.
Getting a job at is rough because at 56 their young managers are too intimidated to manage people older than themselves.
Yes, I think you make a good point there. It is much harder getting a new job as you get older or at least as you hit your late 50s or early 60s.
I was laid off at 61, looked at all the positives (there were many) and found an ideal job 2 weeks later, even though I was only having a peek to see what was out there. I worked for another 18 months, which gave me time to take stock, and retired 15 months ago at 63. It took me a year to keep reminding myself that the cage door was now open. Now, there is no cage :-). New subscriber. Love the channel
I resigned at 44. I grieved and now doing things which i never could. Healed too
Glad to hear that things are going better for you now.
What an interesting story. How wonderful that things worked out so well for you.
Thank you for watching and thank you for commenting. I was very blessed to have things work out in my favour or at least to have been able to make them work out for me. That’s for sure.
57 year old. I work FT and seeking options to work PT for health reasons. Weird this came up my feed this morning. New subscriber. My office, staffing agency let a young girl go after a yr because vshe was not bringing in enough clients. Very sad.
Thank you so much for watching and for commenting. Part-time work I think is a great way to go and it kind of eases you into retirement instead of going cold turkey.
Keep talking people are listening. ❤ So helpful
Thank you so much!
I was laid off at 22 it's been great I've never looked back I'm now 43 and loving my life
Thank you for watching and thank you for commenting. I’m glad that worked out for you. I just think getting laid office stressful! But when it works out in your favour in the end, it’s amazing.
Great advice and thank you for sharing your story. I am 60 this year and beginning to think when I could stop work. Mum will be 89y this year (but healthy) so very aware she may need more help at some point. Looking forward to your tips etc.
Thank you so much for watching and welcome here. Yes, aging parents is a difficult situation. I’ve been there. I love being retired and just doing the things that make me happy. Just remember 60 as far as I’m concerned is the new 50!😆
So glad I found this channel. I'm in NS and closing in on early retirement due to changes in the workplace and this was a great find. I'm off to watch more of your videos!
Thank you for watching! I’m going to guess by your username that you like knitting. I also knit and my favourite thing to knit is socks.
I have had many start overs due to illness and spouse’s illness. Great blessing is having spouse’s pension to rely on in difficult times.
I am sure a pension is a wonderful thing.
What a wonderful story of making apple bread out of apples (you know what I mean!). I think your approach to dealing with this unexpected layoff was smart!
Lol I get what you’re saying. And let me just say that the apple bread was absolutely delicious. I am not a baker, but it actually turned out so that’s a bonus in life. Thank you for watching the video and leaving a comment.
Enjoyed this thank you please don’t change the format
Thank you so much for watching. Thanks for your comment. Definitely I’m not changing my format. I barely know what I’m doing as it is. Just trying to get a routine going is pretty daunting.
I’m really glad that things happened for you the way that it did!🌷
Me as well, and thank you for watching and for your comment.
I was released at 58 as was being crushed by myasthenia gravis,was a crappy job in nursing profession that I had to give up because of growing disability. Loss of job wasn't as bad as loss of ability and ageism in US kicks in at 50 though a bunch of nurses work to 70 because pay )/pension is crap after 15 years experience.
Sorry to hear you have health issues. That is so hard!
Please consider yourself fortunate. Your decision was made for you. Those of us still employed for decades often feel like we can't step back yet as it could cost us, especially if you're solo and rely on work for healthcare. That is its own version of hell.
Oh my goodness I totally understand what you’re saying. I think if I had not been laid off in late life, I would’ve never retired that early. I probably would’ve worked another three or four years for sure and would have been unhappy. Thank you for watching and thank you for leaving a comment.
At least you had made good money. I have some physical issues and finding the right job is hard and waiting on disability while trying to heal and take another path. Meandering all day is weird like an old person
I was definitely blessed to have got a decent package when I was laid off. I hope you heal up and can get back to your old self.
@@smallretiredlife thank you
I teach and in the country I live in,we need to work as there is no social security. What I found was that with my subject combinations , I never had a free month after I retired. I am 70 soon and one school still needs me for next year- but it’s only for one class which suits me so well. Flexibility is important. Well done on your truly wonderful approach to such a difficult unexpected situation.
Goodness, it’s unreal that some countries have zero safety net.
Well spoken and thoughtful. Nice of you to do this and help other people.
Thank you so much for watching and leaving me a kind comment. I very much appreciate it.
I have had my job taken off me and offered another job in a different place. It isnt the job I went for 17 years ago and i dont want it. Because i don't want it i am told that i will leave with nothing, no big package. After 17 years of work and leaving with nothing. I am 60 years old and I live in rent accomedation and am on my own. I am coming to my last chapters and feel that even though i have worked hard I have never been able to sercure anything for my old age. This said the older I get the more I feel able to provide for myself and have confidence in my ability to do this.
Oh boy, that’s a tough story to hear. But glad to see that you have confidence in yourself to deal with the situation
Thanks for sharing your story and your tips. That apple bread looks delicious!
Thank you for watching and commenting. The recipe is from the Preppy Kitchen. If you google Preppy Kitchen apple bread, it will come up. It’s not too sweet and it’s a one bowl loaf.
Hello from Medicine Hat. I consider Calgary our Big Sister. I am so glad I found your channel. I will be retiring at the end of June 2025.
Oh my goodness a Canadian viewer. Totally awesome. Wow, your retirement is basically around the corner. I think you’re going to love it. Your time will be your time. It is just so amazing. Welcome to my channel.
New subscriber. I am 57 and retiring in 5 weeks❤
Welcome here and thank you for leaving a comment. Oh my goodness that is so exciting. I hope you have some great plans for your retirement. I absolutely love being retired. Would not change a thing.
I remembered the first time I was laid off, I went home, my son was only 6 months old, it's quite a life journey.
Ugh, it’s awful this happened when you had a young baby. I got laid off once when my kids were really young. I was so stressed.
Was let go after I refused a certain medical intervention in 2020... after 10 years of commitment.. unceremoniously.. didn't qualify for EI because the corporation claimed my refusal constituted "with cause" termination. Many companies were given a free card to do this...and have "with cause" on your ROE Record of Employment... disqualifying you for EI....I could then have no reference...No one would hire me at age 54 and at the time because I was unv$$xed there was open discrimination in HR everywhere. This added way more trauma than your average layoff or job termination... I can tell you it was rough...Still trying to recover at 57.. Have had to dip into my Rrsp just to survive. But thank you for the story, and the tips for others who get laid off late in their work lives but before qualifying for retirement ...I agree with you about griecing but also taking control of what you can.
Good grief that’s horrible. Yes there was some really bad things happening during that whole 2020 period. I think they’re just really is not a good thing about getting laid off in late life. It’s hard. Welcome here and thank you for leaving a comment.
I refused the same. I work in tech in the US and was working for a very large IT company in Texas and after 15 years with the company got laid off at 56 years old...not too long after we went through the whole cv19 episode. There are tough times ahead for sure.
That happened to me for the same reason. But at least we have robust health. My former coworkers are struggling with medical issues now.
You made some bad decisions
@@karlabritfeld7104 Oh? says you? What would be the bad decisions that they made?
Great to watch people grow and do what they love ❤ keep up the success!
Thank you 🙏
I detect that you feel safe when in control so that was your first instinct when faced with something happening to you that you did not plan.
100% correct! Probably comes from having times in my life where I had no control over circumstances so now I tend to overcompensate in some cases 😃.
It happened to my husband as well. I could relate. I subscribed immediately. I watched all your videos. Really enjoyed them
That’s really sad to hear. I hope you guys are doing OK. Getting laid off just feels so personal. I don’t know it’s like…. even when it’s not your fault, you kind of feel icky. Thank you for subscribing and I hope you enjoy the future videos.
Great initiative Raina. Love the theme of your channel 😁
Aww, thank you! It’s something completely different to learn.
Loved hearing your story. Thanks for sharing.
Aww, thank you for leaving a comment. I totally messed up the audio…somehow!
@@smallretiredlife I didn't notice.
I was "let go" after 31 years at the same family business. I was 52 at the time. The owner of the business brought in an " operating partner " and he's the one who fired me. Needless to say after 31 years of service the family didn't stand behind me.
Oof! That is harsh. But a story I am seeing multiple times here in the comments.
I am experiencing that now and it’s my family. Huge wake up and transforming journey. I am opening up now to creating other streams of income that I love.
What has happened to folks has been intentional. We are in for the fight of our lives. I encourage you to spend some time researching the W E F. If you dismiss what I am telling you; that is your choice. If you decide to have your mind opened and take a step to understanding what is happening to the World; you are truly in power of your life.
Great advice! I am sure your messaging will help many in these economic times , you were strategic in you thoughts and decisions well done 😊
Thank you and thank you for leaving a comment. It is hard for people out there right now. That’s for sure. I’m definitely not the most frugal person but I like a simple life so not spending a lot of money is a part of who I am.
Fellow Canadian here, I was laid off last year from a company that I worked for 17yrs. 4000 people were laid off at my company at that time. I had a great package too, but I was only 51yrs old, so not ready for retirement. I did enjoy a year and a half off, but then it's been soo hard finding a job. I agree, I also grieved my job. Not necessarily the work, but the people, the routine, and steady pay cheque, which enabled a few vacations every year. I have no vacations planned now :( Luckily am on EI now, but trying to find something before EI runs out next year.
Wow, that was a huge number of layoffs. I’m going to guess you live somewhere down east because I don’t think we even have companies big enough here in Calgary that have that many people working in them. Package or no package getting laid off just sucks.
@@smallretiredlife Yeah, I was in Ontario, but while off, convinced hubby to move out west, so now I'm in Vancouver Island and loving it :) Just still need to find a job, lol yup, being laid off sucks.
Hi! I noticed your comment in Silver and Solo and looked up your channel. Good luck! One comment: please increase the volume on your videos. I can only hear your video at the highest level.
Thank you for that comment. Yes, I have no idea what happened on this one. I used a different editing program and the sound just went weird like that. I am a total editing newb! I don’t know what I did wrong. I used CapCut for my first video and it was fine. This time I used DaVinci Resolve…sigh! I don’t know anyone who uses that program who can tell me what I did wrong. I guess I will go back to cap cut. 🙏
Seems ok to me. I'm listening on airpods at just below half volume.
Love hearing about your journey! Looking forward to the next video.
Oh thank you for watching and leaving a comment!
No job is safe, always prepare in advance, put money aside ! It’s going to happen!
100% agree with you. Thank you for watching and thank you for leaving a comment.
Thank you for sharing this is so helpful❤
Thank you for watching and for commenting.
Hello Raina from Dublin Ireland i found you on sixty is the new sixty so i came over and subscribed. 63 single and retired. I love retirement but it has it challanges and fillimg in time some days is not always but i am still a work in progress lol
Hi Linda! Ireland…omg…I would love to go there! Welcome. I get about the filling in the days bit. That is why I started my TH-cam channel. It keeps me busy and the learning curve is steep for a non-tech gal like me. The great thing is that we all are a work in progress and I have to say being retired is so amazing. I used to be so stressed all the time…and now I am not! Heaven.
Linda, it helps to have a basic routine so sleep schedule is steady. And I find lists are magic. I carry index cards with me everywhere and right down ideas as soon as I have them- it’s like your higher self looks for moments to pop in and help.
I check the list every morning, think of what I can get done, enjoy crossing off, and at night I redo the list. It keeps me from worrying I will forget something.
You are in the perfect country for explorations- history, literature, music, art, gardening, hiking. You have no idea how many of us envy you.
Normal age when things start to change
Yes, I totally agree!
You and I are the same age! 63, right? I'm stuck too, with health issues preventing me from continuing to work. But I need something to do, and income! It's hard to find a new path. Spiritually I'm fine with it, but logically, what are my choices?
I’m not 63 quite yet but getting there. It is harder when you’re older to kind of figure out where you wanna go. I’ve always had a lot of interests so I guess for me retiring earlier than I expected was a good thing because now I have time to actually do things that I’ve been interested in trying for a long time and never had time to do. I have a degree in business and after I got laid off and while I was doing my contract job, I went back to school and took a diploma in nutrition. It was a kind of crazy thing to do that at the time because school took up so much time and I was working full-time, but it was just something new and something different. I don’t really plan to do anything with it, but I’m glad I did it.
U r strong dear.loved your vlog ❤❤❤your new subscriber
Thank you. 🙏
Thanks for sharing your story. I am at similar crossroads. I'm so glad that things worked out well for you.
Thank you for your comment. I hope things work out for you. Job loss is really hard especially when it happens later in life and you’re trying to figure out what comes next.
I wasn't renewed in a role in 2018 due to restructure, and it was career ending for me. It was the best job I ever had and was there 5 years. I still miss it to this day. Unfortunately I haven't been able to get a role in that industry since. I have 3 degrees and experience, yet new graduates get the roles (because they are cheaper). It makes me sad that it's all about money. They don't care if you are a good employee or not.
So sad to hear this. I am seeing this type of story here in the comments multiple times.
This happens " in the land of the free"!
You sold your work-power for years, and the companies can lai you off at one day!
I was wrongfully accused of two things which led to sacking for gros misconduct without a package. Not only that but a referral to a body which meant I could no longer work in my career of 30 years. At 56. And declining health. I don’t know how to come to terms with my story, I feel like my whole life of work was wrongfully discredited. I was a victim of a witch hunt. Luckily I get disability unemployment benefits and have small additional income to try and last me until 60. But it’s not enough to do more than scrape through and means I cant travel or volunteer so I’m feeling pretty useless and that I’m wasting the next 3.5 years waiting until I’m 60 and can get my private pension
I’m sorry to hear about the hard time you’re having right now. Hopefully you will find something that brings you joy and that you’re passionate about doing. When I’m feeling really down I like to read Ryan Holiday‘s book “The obstacle is the way”. I find his practises in stoicism help me a great deal during difficult times.
@@smallretiredlife thank you so much, I know I have a future ( eventually ) but as someone without children who focused on their career having this taken from me so horribly is an injustice . I need to somehow rebrand myself for my own mental health and resolution but just don’t know how to go about it
Thank you for this video and your apple bread really looks as if it was delicious
Thank you for watching and leaving a lovely comment 🙏
Great for you!!!!!!!!Retirement is hard work. I’m lovin it.
I love being retired as well. Don’t miss my job one bit.
Real estate is a great job for retired women.
Yes, I agree with that! I am so not a salesperson though…I am too much of an introvert.
Well done 👏
Thank you so much for watching.
Are you sure it wasn’t an age thing? I got laid off this year at 58 on my birthday!
Potentially, you could be right - I think that companies can be ageist.
I am sorry they did that to you on your birthday..WTF! How distasteful 😢😮
Hubby just lost his job and im long term sick. In our country there are no severance packages no sickness benefits and we are both 56 .... I must admit to being pretty scared
Oh my goodness, so sorry to read this. I do hope things improve.
@@smallretiredlife thanks so much
I got laid off at age 53. I sucked it up and went looking for another job. No pity party here.
Good for you, girl! Onward forward, I say. Someone will appreciate your skills. The way I feel about it is don’t think about anyone who doesn’t want you and put your energy into finding someone who will appreciate your knowledge and skills.
Me too in 2009 at 56, best decision I never made.
Wow, can’t believe all the people who get laid off in late life…really makes one wonder…🤔
Glory!!! After so much struggles I now own a new house with an influx of $330,000.00 every month God has kept to his words,my family is happy again everything is finally falling into place. God bless America 🇺🇸
U need to say Melbourne in Florida or Melbourne in Australia because there is a real difference. .....I have the opposite situation where I have a close family member who has a degree in law ( and so, so many other degrees) and after a bad relationship they became a househusband and basic checked out of life that we are trying to get them registered again because they don't even have I.D. like a driver's license coz they started catching the bus......They are not running from the law or anything but just checked out entirely form life and there is some very sought after skills they have that I want them to just get work and help others with the knowledge they have. ......I don't even care if they spend up all the money they earn because one day my ageing mom's house will sell and I will make sure my close family member has a comfortable place to live in their retirement. ......My family was taught to do really well at university and your life will be set but nobody ever taught them when set-backs occur and U can't just check out of life.
Had no idea there was a Melbourne in Florida!
Young people do not stay in jobs year after year any more, so employers saying they do not want to put in the effort for a 56 year old is nonsense. You still have years to go and you already have built up a set of skills.
Yes, I so totally agree with you, 100%! When you’re older, you have a good deal of experience and knowledge and you know how to do your job quickly. But…. I honestly think they just want to be able to hire someone for less money because, part of the issue is, when you’re with an employer for a long time you’ve had raises and they’re paying you more than they’ll pay that young person coming in. In any case, it worked out really well for me. I’m very happy not having to work now.
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Thank you so much and thank you for watching and leaving a comment.
@@smallretiredlife It’s a pleasure
How blessed you were to receive a package when they laid you off.
Yes, I definitely was blessed, but that is the joy of living in Canada. Employers pretty much have to do that. There there are also legislated termination package amounts, but typically employers exceeded those.
What percentage of a working income would you recommend we have if we want to retire? 100%, 70%, 50% of our current salary?
Oh my goodness, that is so hard to answer as everyone is different. I am also not a qualified financial advisor so feel completely inadequate to be able to answer. I probably live on 60% of what I made in salary but I used to save a huge amount of my salary so I am completely used to living on this amount. I also have zero debt and I don’t buy a lot so it really depends on each person, the debt load and their spending habits.
@@smallretiredlife Thank you!
Love your moka pot!
Yes, thank you! That colour is pure sunshine. Both a practical and beautiful item.
how does one pay the usual bills when one is laid off
Always, always have an emergency fund. They say three months, but nowadays I would say six months. In Canada when you get laid off you typically get some kind of severance.
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Thank you so much for watching and welcome here.
What are you making?
I was making apple bread in that video. I am so not a baker and it looks like a really easy recipe so I gave it a try and it turned out great. And it’s just like a basic loaf type recipe using only one bowl. I got the recipe off Preppy Kitchen you tube channel.
You mean USA? Because Canada is included in the"Continent" of America.😊
lol yes. I am used to saying America probably because I am an immigrant and was brought up referring to the U.S. like that 😀
Concept Except Accept .Tension Attention Good Intentions .Awareness Kindness of Strangers Everywhere across the 🌏 .