Tech guy gets fired at 58 after 35 years in tech, and instead of panicking, sees it as a chance to retire early, do DIY, and work part-time at a hardware store: ‘It's actually a relief, I was getting SO sick of the corporate stuff’

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  • Man in a denim jacket looks down with a slight smile against a dark outdoor background.
  • After 35 years in the tech industry, and 20 years in my last position, I was unexpectedly laid off on May 1st at age 58. I
  • really have no desire to return to the corporate world, not likely that I'd find anything in this job market anyway. Wife
  • still works as a teacher and makes enough to cover our day-to-day needs, and is encouraging me to call it quits.
  • and retire. I've spent the last six years working from home, so there's no social element that I'll be missing.
  • I'm an avid DIY-er with many years of projects under my belt. I've done down-to-the-studs bathroom remodels, full kitchen
  • Man with a gray beard standing outdoors in a gray shirt with leafy green trees behind him.
  • remodels, electrical, plumbing, water heater installation, landscaping, retaining walls, and even a fair amount of auto repair. I know my tools and I
  • love working with my hands. I have enough projects lined up, and enough hobbies, I'm not concerned about boredom.
  • It's mildly terrifying, but I'm starting to accept the idea of retiring. My plan is to play the unemployment game for six
  • months, and then see if I can hired part-time at Home Depot/Menard/Lowe's and leverage my DIY knowledge. Do something tangible instead of sitting at a keyboard.
  • I can easily fund COBRA for 18 months using HSA money, and after that find a marketplace plan (cheaper than going on the wife's coverage). Just need something to bridge the gap to Medicare.
  • Man with a gray beard smiles outdoors in a black shirt with greenery in the background.
  • My biggest concern is spousal maintenance that I pay my ex- wife. I'm working with an attorney to get that reduced or
  • (hopefully) terminated, but if I can't, I'll essentially be working a part-time job just to pay the ex-wife, or tapping my 401k.
  • In spite of that rather large elephant in the room, I'm not upset at all about the layoff. It's actually a relief - I was getting
  • SOOOO sick of the arbitrary corporate stuff, performance metrics that mean nothing, goal setting, all of that nonsense.
  • Excited to slow down and try something new, and fortunate that I THINK I can make it work.
  • edturf OP, I feel like you are my doppelgänger. I am also 58. Tech worker laid off this past March.
  • BEST THING THAT HAPPENED TO ME. My wife still works. (so we still have insurance) I also am an avid DIYer (I
  • can do it all pretty much, except maybe concrete) I have a personal project list that will keep me busy for a few years at least.
  • I'm not even remotely upset, and by the time I'm ready to really relax, ...I will have long forgotten my "identity" I once had in my career. Best wishes to all...
  • angrywinter1 Congratulations on your unexpected retirement. I am a few years younger than you, took the plunge May 1 as well. It's scary but I have felt so much better mentally and physically that I truly believe. this is the best decision ever! I hope you are able to remove the elephant and truly enjoy life
  • 1wrx2subarus It's good to walk away from it all. Give yourself some grace and wait a year. Don't feel bad about your choices, habits and just try to create a routine. Make a list and try to check something off daily. It's ok to have days that nothing gets done.

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