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Nov 2020
2:23pm, 19 Nov 2020
4,168 posts
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ThorntonRunner
I'm intending dropping to 3 days a week from next July (aged 61) when Mrs TR is going to finish as a teaching assistant at our local primary school (a few years younger than me). I was going to stop completely, but in part to give a bit more margin on finances, and in part to ease into retirement I'll go part time. I expect to finish entirely sometime between end of 2021 and end of 2022, depending on how I find the second half of next year.
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Nov 2020
2:24pm, 19 Nov 2020
18,177 posts
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Bazoaxe
TRO that’s a very good offer to have. My target is age 55 in two years time but I suspect the numbers won’t quite add up then. However if there was a redundancy option that would make it an easy choice. I do think that in due course they will be cutting numbers. I just need to try and anticipate and drop my performance levels when that looks like happening !!!!
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Nov 2020
2:32pm, 19 Nov 2020
31,704 posts
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LazyDaisy
OH was ready to stop completely after three years of part-time. I think the fact that he chose to step down from a very senior management role to a purely technical, lower grade role when he went part-time, helped to ease himself out of thinking he was indispensable at work  I think if you stay in the same role, but just go part-time, there's a tendency to still try and do a full-time job on part-time hours.
(As an aside, as a part-time worker for a good 20 years I always felt my employers got a really good deal from part-timers as we wasted less time faffing )
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Nov 2020
2:38pm, 19 Nov 2020
4,169 posts
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ThorntonRunner
I've spent my entire working life - 38 years - working on the development and extension of the same software suite, so I'm already trying to step back a bit and encourage other team members to take a more leading role. Going part time will enable by boss to check that I've passed on all the knowledge/experience I've gathered over the years so that I am dispensable!
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Nov 2020
2:39pm, 19 Nov 2020
48 posts
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Dave..M
I was intending to go part time this year then leave work completely in 2022/2023, but due to Covid I had the chance to take voluntary redundancy. I found the 5 weeks furlough period I had in March/April a great "practice retirment" so I accepted VR and I've now been retired for about 6 weeks. So far I've found it to be a very nice rest after a manic month as I tried to pass on as much knowledge as I could to my replacement, there's been a couple of projects to manage - house repairs that were overdue and I am slowly working my way through a list of minor DIY jobs.
Personally I think that I'd come to terms with retirement as part of making the original part time working plan, so bringing the date forward did not cause me any worries. I still think about what my team are doing without me, but my running is building back up and I've got more time to use the outdoor gym in a local park, cycling, dog walking etc.
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Nov 2020
2:40pm, 19 Nov 2020
28,283 posts
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macca 53
I am following the um method - it’s great! I’m still in contact with former colleagues (and get invited to the staff christmas “do” - not this year obviously). I’ve also done the odd bit of consultancy - on my terms, which is good for “keeping my hand in” and gives some extra cash.
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Nov 2020
2:48pm, 19 Nov 2020
7,273 posts
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Fragile Do Not Bend
It occurs to me that I don’t think anyone who has posted here who has retired has said they regret doing so.
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Nov 2020
2:50pm, 19 Nov 2020
22,297 posts
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TRO Saracen
Bazo - thanks, good luck for yours. I can't drop my performance however....
Ours is a bit tricky as you need to be in the middle ground. If you are on poor/need development annual review grades you are not eligible to apply for the scheme, as it's much cheaper to manage you out of the business on 'non voluntary' terms.
But too high, and your manager and manager's manager can refuse to let you go. It's very much up to them, and they do refuse a fair few.
I'm happily nestled in the middle of 'Good' which is just about perfect
Once accepted, the payout is also conditional on handover, completing tasks etc to get the payout so it will probably be a stressful 2/3 months to get everything signed off and handed over.
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Nov 2020
2:55pm, 19 Nov 2020
46,060 posts
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Lip Gloss
OH was always holding out for redundancy and offered himself up for it but no. He mainly works on his own so it won't be hard for him to adjust to not being with a team.
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Nov 2020
3:01pm, 19 Nov 2020
49,881 posts
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Velociraptor
My parents both retired relatively early, Mum in her late forties on health grounds that would probably be regarded as spurious nowadays, Dad because he got the opportunity to finish in his early sixties. I was sure Dad would be back in some sort of work within six months, but nope, duck to water and all that.
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Jigs