Tag Archives: income

I Do NOT Like These Feelz

I was born just after the end of World War II. The nation was heady with promise and I was raised immersed in what I later came to realize was propaganda; the belief that the United States of America was the greatest, most progressive country in the world. I’ve known for a long time that’s not true, but I find myself wondering how a country that speaks and thinks of itself as “exceptional,” can defend so many people coming this close to financial and, perhaps, physical ruin (see WaPo article in Tweet, below.)

Never in my wildest dreams did I think I would ever feel guilty about being on Social Security. I don’t get a lot (nobody does) but along with my wife’s social security and the income from our meager retirement savings, at least we’re not food insecure or in danger of being homeless. It doesn’t feel right, though.

Yet, I’m helpless to do much to assist other than support economic transformation that would alleviate these problems. If there are millions of families in this horrible situation, how can any of us do much about it, especially when doing so would bring us closer to the same kind of ruin. Losing one’s home, especially if you “own” it, is devastating and very difficult to come back from. Nobody deserves this kind of reckless abandonment, yet that’s exactly what Donald Trump is doing. I can’t think of much that would be a worse dereliction of duty than this.

I don’t know what’s going to happen in these next 28 days … and beyond. The fact that Trump vetoed the legislation and has left for Mar-a-Lago, the government closes down next Tuesday, and much of the help that had been made available for people who’ve lost their jobs to COVID-19 is drying up this week is not helpful. Maybe it’s time for:


Six Ways To Avoid Using Lists

Does Retirement Mean "Used Up"?

Does Retirement Mean “Used Up”?

OK — I’m lying about the six ways and the lists. I couldn’t help myself. I had just been perusing the Pulse articles available on LinkedIn and was amused by how many of them contain lists, e.g. “7 Ways Leaders Fail”, “The 8 Simple Rules Of Expert Negotiation”, “3 Traits Shared By Companies And Hoarders”, “The four types of clients you should fire immediately”, “12 Email Marketing Credibility Boosters”, etc., etc., etc. I could go on for some time, but I won’t bore you as much as I was. I know I’ve read somewhere that lists are a great way to create posts and get people to read them. Nevertheless, I tend to shy away from using that strategy because it seems so formulaic to me, and I’m not interested in taking that route.

I know I should have written this earlier today but, as I’ve noted numerous times before, I’m not a journalist and I don’t do this as a business, so I have never been all that interested in an editorial calendar or lining up my posts perfectly with anything in particular. Nevertheless, today is a bit of a milestone and I thought I should mark it with a bit of possibly rational blather.

It’s been exactly — datewise — four and one-half years since I retired from Rocketdyne, where I labored for approximately 23 years. My last day (though, to tell the truth, I had been working at home and nobody expected much from me for the final two weeks I was officially “there”) was May 14, 2010. I can still vividly recall my final moments; being walked to the guard at the front reception area, handing in my badge, saying goodbye and shaking hands with my Manager, and walking out the door knowing I could not walk back in beyond the reception area without an escort.

I felt both elation and sadness. I threw my arms up in the air, but had tears in my eyes. Both emotions were warranted, as the last four and a half years have made quite clear. It’s not an easy thing walking away from a large group of people who you’ve come to think of as almost family and, make no mistake about it, once the main thing you have in common with them is gone, most people essentially disappear from your life forever.

Blogging on the beach

Blogging on the beach, something I’ve never actually done

For me, this has been the hardest part of retirement. While I’ve stayed in touch with a few of my former colleagues, some of whom remained and others who became casualties of our nation’s decision to essentially forget about space exploration (at least manned space exploration) for what still seems like forever, the majority of people I saw on a regular basis I have not heard from again. There’s also a sort of mid-range group who I’ve connected with via Facebook and LinkedIn, but I’ve had little contact with most of them.

I think this is a big problem with our entire concept of retirement. In our culture it seems once you retire, you might as well be dead. The place you worked at has no use for you and, since we are also a culture that celebrates youth and fears old age and death, nobody really wants to know what you’re doing. A possible exception is made for those people who worked at one company all, or almost all, of their life and, consequently, retire with enough money to not have to do anything to supplement their income. Remaining employees do seem to enjoy receiving the occasional postcard from an exotic location, or another reminder of what they, someday, may be able to do as well.

I’m sure there are those who thoroughly enjoy hanging out and doing whatever they want, or nothing at all. I’m not one of them. Bottom line, I guess, is this. I have managed to survive relatively well, though I have yet to find a way to supplement my income such that we’ll be reasonably comfortable for the foreseeable future. I do worry about what might happen in a few years when our income suffers from inflation or some disease or unfortunate turn of events depletes what little savings and investments remain.

I also worry about my physical and mental ability to generate income. At 67 years old, it’s difficult to not notice I’m gaining speed on that inevitable slide down life’s rollercoaster. Nevertheless, I’m not one for fretting too much about choices I’ve made. I’ve been characterized by others as a survivor; one who will find a way to make things happen. Especially when push comes to shove and I’m backed into a corner. I don’t actually want to reach that point, so I’m working on quite a few prospects and avenues.

In another six months it will have been half a decade since I left the place I had been at longer than anywhere save this planet. I’m looking forward to celebrating that occasion a little more energetically. If I’m lucky, I’ll be able to afford throwing a little party for some of those former colleagues who remain friends. That would be a hoot.


A Less Than Auspicious Anniversary

I have an interesting anniversary arriving in about a week. Actually, it arrives in precisely a week; seven days, that is. May 14, 2012 will be two years since I retired from Pratt & Whitney Rocketdyne. Two years. It hardly seems that long ago I decided to accept an offer to retire early and strike out on my own. To be honest, I’m still not sure I made the right choice, but I did make it and I thought I would spend the next week recounting my “adventures” since then.

Does Retirement Have to Mean "Used Up"?

Does Retirement Have to Mean “Used Up”?

I should point out my retirement wasn’t entirely voluntary, though the choice was mine. I had no intention of retiring . . . ever. All the men I grew up with, including my father, worked until they dropped dead and, unfortunately, many of them – including my father – dropped awfully early. This was not my plan. The way I looked at it, work is what defines us and I expected to have something interesting to do for many a year to come. I though I would work at Rocketdyne well into my eighties.

It didn’t work out quite like I had contemplated, but it has made for an interesting two years and, I trust, will continue to provide challenges for years to come. However, it hasn’t exactly been easy . . . for many reasons. First, there’s the reality that my income has dropped considerably and we’ve been moving backward a bit each month as expenses slightly outpace income. Savings are really helpful, but they’ll be gone at the rate we’re going before the kids make it to college. This I find intolerable.

To remedy this I’ve tried, admittedly somewhat halfheartedly, a couple of different approaches I will attempt to chronicle in the next couple of days. My first attempt was to provide consulting services to small businesses seeking to use social media to market themselves and teach them how to engage with their target – and current – markets. Not only did the economic conditions militate against my being able to find success in the market I plunged into, but the very conservative nature of this town ensured people were not going to be easily convinced of the efficacy of a social media strategy. I was not prepared for their skepticism and reluctance to push the outside of the envelope. My bad.

One of the adjustments I have made is to lower my expectations considerably and work from there. This includes, of course, adjusting the rate I can charge for my services. I’m working at finding the sweet spot for that part of my endeavors.

Another major aspect of this milestone is that I will be 65 years old in less than a month. As prepared as I’ve been to accept, and even embrace, the inevitability of aging, I am still struggling with aspects I had not anticipated. I will try to go further in depth regarding these aspects in the next week. Suffice it to say that ageism is, I’m pretty sure, still very much a part our culture. The combination of reality and myth is very powerful and impinges on most everything I do. I’ll try and discuss my approach to aging and what has changed for me in the past several years tomorrow.

 


Heaven Is Where You Find It?

Where Would You Rather Be?

I just got an email from an organization asking me two questions designed to get my interest in their activities on behalf of preventing any cuts to Social Security. The questions are:

  • Do you want to work until you die?
  • Do you want to eat cat food in your old age?

I pretty much have a strong opinion on the latter question, though the prescription diet one of our cats requires does smell somewhat inviting at times. I’m afraid, though, the lack of variety would disappoint me.

As far as the first question goes, I don’t have quite as clear cut an answer. I’ve always assumed I would work until I dropped. After all, that’s what all the men in my family did; at least all the real men. I managed to disabuse myself of the notion that was a good thing a long time ago. However, I also retained (and continue to retain) a vestige of whatever work ethic I was raised with.

Here’s the thing. I don’t want to “work” work, that is be forced to report to a job I dislike, working with people I don’t care for, and working for people I don’t respect. That would indeed be Hell-on-Earth. At the same time, I want to be engaged, challenged, and – above all else – relevant until my last breath. I can’t imagine doing otherwise. But that involves doing, which is – strictly speaking – working.

So I guess my answer to the first question is “Yes. I do want to work until I die”. I also want my Social Security to be there for me, so maybe he should have asked the question differently. Then again, maybe there aren’t a lot of people out there who see work the same way I do. How about it?

ADDENDUM (as of 27 February 2012)

It’s been over 15 months since I wrote this, and 21 months since my retirement from PWR. I’ve been looking for work and also looking for interesting things to get involved in. I have yet to be terribly successful at the former, but I can’t honestly say I’ve tried as hard as I could. That’s in part due to my desire to spend as much time as I can being a good father to my two young children. I don’t think there are too many people my age who have young children to raise. All of my friends have been grandparents for at least a decade or so.

To hear some people tell it, you would think organizations should be beating down my door to get someone of my age, with my experience, to help them deal with social business transitions and the imminent retirement of the generation (Baby Boomers) I’m in the vanguard of, age-wise. I’m not convinced. I think our cultural affection for youth is still pretty strong and I have my doubts that HR departments or Management in general are all that anxious to hire someone who will soon be 65 years old.

I do believe I have a great deal to offer the right organizations and intend on getting a lot more aggressive about seeking out consulting or contract gigs, and I’m in it for the long haul. After all, my kids are only 10 and 8. Nevertheless, I think it’s going to take a while to break through the prejudice against us old folk. In the meantime, I’m pleased with the progression my writing is taking and I’m grateful for those of you who take the time to read what I have to say.

I assume mine is a bit different than many blogs. According to sysomos, as of June 2010 bloggers over the age of 51 make up only 7.1% of the blogging population. Less than half are male and slightly less than one-third originate in the United States. Without putting too fine a point on it, I figure that means there are likely about 5 other bloggers in my demographic group . . . if that. Since my readership is continuously growing, and no one has yet called me a damn fool, I guess I’ll continue in the direction I’ve been heading; which means an eclectic blend of personal and professional musings. I may have a few surprises in store as well. Just to see if anyone’s really paying attention.


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