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Years of work

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Busaholic

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As today marks the 50th anniversary of my starting full-time work after leaving school the previous week, and I'm still working, though part-time, I just wondered what other people's experience of work has been. In those fifty years I've been employed and self-employed (predominantly the latter in recent years) but also went to university as a mature student and had two or three periods of unemployment, one of which was fleeting.
 
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D365

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None at all ;)

Well, technically I do some 'freelance' work for my university. Good pay, but I'm not getting half as many shifts as I would have liked this year so far. I used to volunteer too for a number of years which has contributed significantly to my CV.

Currently waiting to hear back from a number of companies regarding internship opportunities.

Also, congratulations.
 

alxndr

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Only 7 years down, another 40+ to go...

Started doing a bit of work when I was about 13 in my parents' pub, just odd jobs cleaning, ironing, cutting firewood etc, before doing more kitchen and waiting work once it was relatively legal for me to do so. Had odd spells cleaning holiday lets as well. Stayed on after they left for another year or so before joining the railway as an apprentice.
 

yorksrob

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Personally, I'd rather be a dilettante of the landed gentry with independent means.
 

DarloRich

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most of us in work now will have to work longer than 50 years, full time, before even thinking about retirement - good luck to those able to bail out with some life left to live
 

Pyreneenguy

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most of us in work now will have to work longer than 50 years, full time, before even thinking about retirement - good luck to those able to bail out with some life left to live

The problem is, we are not all equal in the face of later retirement. A person who has done a physically demanding job for 30/40 years, perhaps with unsociable hours/shifts has a much lower life expectency than someone who was fortunate enough to be able to study until their late 20's. It's a simple fact that we don't all get the same start in life and even with the best will in the World some people will be labouring all their lives for the minimum wage. Surely society should take this into account ? The present Socialist government in France has attempted to redress this problem by introducing "credits" for people exposed to health risks , night shifts and a long list of other disadvantages. Employers have moaned that the scheme is too complicated to put in place, but then they would. Anything these days that equates to social justice is seen as a measure that will stiffle job creation and growth and stop the already well off being more so.


As for myself, I've had a varied working life, from banking and accountancy to driving an articulated truck and being a mountain guide. I should be able to retire at 60 due to a work related accident but things could well change before then.
 

DarloRich

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The problem is, we are not all equal in the face of later retirement. A person who has done a physically demanding job for 30/40 years, perhaps with unsociable hours/shifts has a much lower life expectency than someone who was fortunate enough to be able to study until their late 20's. It's a simple fact that we don't all get the same start in life and even with the best will in the World some people will be labouring all their lives for the minimum wage. Surely society should take this into account ? The present Socialist government in France has attempted to redress this problem by introducing "credits" for people exposed to health risks , night shifts and a long list of other disadvantages. Employers have moaned that the scheme is too complicated to put in place, but then they would. Anything these days that equates to social justice is seen as a measure that will stiffle job creation and growth and stop the already well off being more so.


As for myself, I've had a varied working life, from banking and accountancy to driving an articulated truck and being a mountain guide. I should be able to retire at 60 due to a work related accident but things could well change before then.


My point is many people don't get to enjoy a retirement even now and those of us still at an early stage of our working lives may not have that chance or that chance to enjoy the freedom from work that being retired may bring. We certainly wont enjoy as generous pension provision.

Like I said good luck to those who can go at an early age and enjoy their retirement. It isnt a criticism just a statement that the world of work has changed and will continue to do so over the coming years.
 

Pyreneenguy

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.

Like I said good luck to those who can go at an early age and enjoy their retirement. It isnt a criticism just a statement that the world of work has changed and will continue to do so over the coming years.

The World of work has changed and will probably change out of all recognition in the next 20/30 years. These changes could be "cushioned" if there was a government in power with a social conscience. As it is, the present "bunch" are happy to let market forces decimate what's left of the UK's hard fought for social protection.
 

meridian2

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I stick to the old adage that if you love your job you won't do a day's work in your life. We have two friends who spoke long and earnestly about their retirement from the age of 30, and probably before we knew them. Having no children and a modest lifestyle they managed to retire in their mid-50s. However it's safe to say they seriously disliked/hated every day of their working lives in the public sector. That's too high a price to pay for a long retirement.

On the other hand I've been intermittently flushed and broke during my working life, but would happily do the same thing until the day I die.
 

EM2

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Part-time work from when I was about fifteen, full-time work from seventeen. Now forty-seven and in all that time, unemployed for three months in 2004.
Retail work, office work, hospitality, warehousing and deliveries, admin, sales and now approaching ten years in stations.
 

Dai Corner

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I did 25 years in the private sector and 12 in the public sector, the last two part time following health issues. IT was my trade and there was a lot if stress at times. Pay ranged from excellent to adequate but without expensive things like children or divorces I've managed to save enough and earn sufficient pension to retire at 56 while I am still healthy enough to enjoy life.

The next decade will probably include supporting elderly parents
 

Howardh

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The next decade will probably include supporting elderly parents
I was going to add that. Everyone should be prepared to look after their elders, after all the state might not be able to - at least to a reasonable standard, and if you look after them today you get a very generous £62.10/wk as reward.

Sorry, did I say generous?

Funny in how all the ins and outs of Brexit, nothing has been said as to how Brexit will help both our aging population and their carers, yet it's an absolutely massive and ticking time-bomb which politicians won't address, gets hidden by the press (too uncomfortable for the Tory press) and will eventually cost the country £b's in addition to today's costs, as age expectancy increases.

And the Brexit angle? Apart from the cost and the total lack of any poster-on-the-bus money (an argument done to death) I'm sure it's been of help to the NHS when our recently-retired have gone to live overseas (mainly France and Spain) as that alone would reduce pressure on the infrastructure here.

Although nothing's certain yet, chances are it will be far more difficult, and possibly expensive r/e health insurance, to up sticks and move to the EU after Brexit. How many will decide to stay - and how many will return? More stress and expense on the NHS.

Hopefully we can still recruit nurses, doctors and carers from the EU as we do today.
 

radamfi

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It is possible to retire after 10 years of work or even less, if you are willing to divorce yourself from consumerism and peer pressure and learn to live off a small amount of money.

There are two main websites where people discuss the lifestyle changes required to retire early at a very early age.

http://earlyretirementextreme.com/
http://www.mrmoneymustache.com/

On the former website, you can follow journals from people around the world, including people from the USA, Canada, UK, Europe and elsewhere, on how they are saving to become financially independent at an early age. There are even some people from developing countries attempting it.

Essentially, the strategy is to reduce your expenses and increase your net worth so that

net worth > annual expenses x 25

So if you want to live off £10,000 a year, then you need to save £250,000. This assumes a 4% withdrawal rate.

People debate whether a 4% withdrawal rate is appropriate, and some prefer 3%.
 

yorkie

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I enjoy my jobs too much to want to think about retiring! Fortunately I have several decades left before I reach retirement age.
 

RichmondCommu

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I'm 50 and I've worked since leaving University at the age 21. The plan is to retire at 53 when my wife turns 50. Frankly I can't wait.
 

najaB

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I enjoyed almost every day of the 11 years I spent with my last employer. Hopefully I'll be able to say the same of my new one from Monday.
 

Senex

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I'm 50 and I've worked since leaving University at the age 21. The plan is to retire at 53 when my wife turns 50. Frankly I can't wait.
Having managed to do something very similar, I warmly commend it. I couldn't wait either -- the nature of the job I was doing had changed so totally since I went into it.
 
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