Can you afford to quit your job and be part of the Great Resignation?

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  • Born2vette

    Norm, Team woodworker
    Site Supporter
    Rating - 100%
    17   0   0
    Jul 25, 2020
    3,899
    113
    Westfield
    I was planning on working 3 or more years until Covid. Always looked forward to going to work but the stress and working conditions (I have been in healthcare for over 30 years) had made it a chore and I became more and more looking forward to time off and dreading returning to work. Once I hit the age where I became socialized medicine eligible (Medicare) and my financial advisor said I could continue my current lifestyle, I retired. My experience will not be quickly replaced even though there is a body to replace me.

    Now starting to settle into my new phase of life.
     

    PistolBob

    Grandmaster
    Rating - 100%
    4   0   0
    Oct 6, 2010
    5,387
    83
    Midwest US
    Quit your job, spend your savings, let your house go back or sell it and blow the money...then sign up for the federal tit and get a luxurious Section 8 apartment, a bus pass, EBT for food, and HIP and Medicaid for medical. That's the new American dream.
     

    phylodog

    Grandmaster
    Rating - 100%
    59   0   0
    Mar 7, 2008
    18,752
    113
    Arcadia
    Quit your job, spend your savings, let your house go back or sell it and blow the money...then sign up for the federal tit and get a luxurious Section 8 apartment, a bus pass, EBT for food, and HIP and Medicaid for medical. That's the new American dream.
    That's not the dream. Getting that apartment, a buss pass, EBT for food, and HIP and Medicaid and bitching about how bad you have it.....now that's the dream. Walking around pissing and moaning about how difficult your life has been and assuming everyone else just had everything dropped into their laps, now that's the dream. Squandering all of the opportunities this country offers and becoming a worthless piece of ****, now that is the dream.
     

    BehindBlueI's

    Grandmaster
    Rating - 100%
    29   0   0
    Oct 3, 2012
    25,890
    113
    [requisite old man voice]

    Not that long ago, only rich people had TVs over 27 inches. My family's first PC cost $3,000 and it was a cheapo clone. Food hasn't increased in price a whole lot since I was working in a grocery store from '86 to '89.

    Even horrific college prices- I spent $8,000 a year in the late '80s/early '90s. My #3 kid will cost (out of pocket) about 3+ times that, but 30 years have passed (The "book price" has gone up much more...but tell them you won't take loans, and watch the magic happen).

    I'm with you on the electronics and entertainment, but I want directions to the late 80's pricing grocery store.
     

    Biggredchev

    Just some guy
    Local Business Supporter
    Rating - 100%
    6   0   0
    Jan 16, 2017
    2,190
    129
    Pretty much Michigan.
    Yeah probably. Ive thought about quitting my job, selling everything and living in a van traveling around full time like a hippie. Not something id ever actually do in this day and age but its fun to think about. I want a solid paid for place for my future kids and maybe eventually grandkids to call home so no ill not be participating.
     
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    KittySlayer

    Grandmaster
    Rating - 100%
    4   0   0
    Jan 29, 2013
    6,473
    77
    Northeast IN
    "Can you afford to quit your job?"

    Well my window to retirement was already pretty short. Trouble is when I looked at the current pile of money in my retirement account it looked like enough in theory and working a couple more years was just a cushion.

    Trouble is there are too many unknowns and some unknowns are becoming more possible all at the same time:
    • Inflation
    • Market Crash
    • Health Care Insurance mystery
    • Civil Unrest (think BLM with a bad economy and shortages)
    • Government Overreach
    • Rising Gov't Debt
    • New Taxes to pay for excessive Gov't spending
    • Security (defunding police plus retirements and inability to recruit qualified candidates because they are treated like crap)
    • Real Estate Market Crash
    • GLOBAL WARMING!!!
     

    HoughMade

    Grandmaster
    Rating - 0%
    0   0   0
    Oct 24, 2012
    35,615
    149
    Valparaiso
    I'm with you on the electronics and entertainment, but I want directions to the late 80's pricing grocery store.
    Well, in the last year, it's changed. I remember chicken breast at $1.99-$2.99/lb. Milk at $1.69-2.09/gal. Hamburger at $1.49-1.99lb. Even account for the past 18 months, food has not kept pace with inflation, generally.
     

    Gunmetalgray

    Sharpshooter
    Rating - 100%
    3   0   0
    Jul 14, 2021
    534
    93
    not lost, wandering...
    Ideally would like to team with like minded people to step into running/owning a business and walk away from being controlled by "corporate" office. Any solid established business owners looking to retire? Had enough of big corp world so resign, hell yes, retire, hell no, still have drive and ambition. And still like to eat & buy powder & primers on occasion, lol
     

    blues bondsman

    Marksman
    Rating - 100%
    1   0   0
    Apr 9, 2019
    248
    63
    Michigan City
    If you don't stand for something you'll fall for anything.
    So your O.K. with being forced into having an injection from your employer / government ???
    I'm guessing your all gonna be in line to turn in your firearms too.
    It's coming.
    I'm proud of the patriots who are standing tall for freedom and sad for the comfortable who wont fight back.
     

    KMaC

    Master
    Rating - 100%
    7   0   0
    Feb 4, 2016
    1,535
    83
    Indianapolis
    Well, in the last year, it's changed. I remember chicken breast at $1.99-$2.99/lb. Milk at $1.69-2.09/gal. Hamburger at $1.49-1.99lb. Even account for the past 18 months, food has not kept pace with inflation, generally.
    I bought 1 lb. of bacon today for $10. I believe INGO will support my position that bacon is a necessity, not a luxury. When did the pig become an endangered species?
     

    CHCRandy

    Master
    Rating - 100%
    5   0   0
    Feb 16, 2013
    3,699
    113
    Hendricks County
    You guys are probably gonna laugh at me, but I think the great resignation is because of the great realization.

    A lot and I mean a LOT of people have realized they can stay home, trade stock and crypto, gamble on sports and make more in a week than they use to make in a month or a year. I really think the lock down motivated people to learn to gamble, whether it be gambling on sports, stocks or crypto. Young folks have realized they don't need jobs. They sat at home and made more than they ever made working. I mean some of these kids are excellent at what they do! They collected unemployment and spent it getting educated in live action, now they are young, wealthy and have ZERO fear.

    When you have stocks that run from $3 to $500 and $7 to $175 for no other reason than people being involved, of course they will figure it out.

    I mean, these people would have never had 1. The money to do this 2. The courage to try if they were still living paycheck to paycheck.

    Who wants to work, when you can sit home and make more than working a job everyday?
     

    CHCRandy

    Master
    Rating - 100%
    5   0   0
    Feb 16, 2013
    3,699
    113
    Hendricks County
    Quit your job, spend your savings, let your house go back or sell it and blow the money...then sign up for the federal tit and get a luxurious Section 8 apartment, a bus pass, EBT for food, and HIP and Medicaid for medical. That's the new American dream.
    And no mandate for all them Federal handouts...but a mandate for the man paying for them handouts.
     

    wtburnette

    WT(aF)
    Site Supporter
    Rating - 100%
    44   0   0
    Nov 11, 2013
    26,859
    113
    SW side of Indy
    This referencing quitting your CURRENT job, and finding something more suitable. It does NOT reference going on unemployment.

    People are reassessing; due to vaccine mandates, travel restrictions, forced work-from-home, inflation, and a host of other reasons. They are reassessing in DROVES.

    We went thru this when my wife and I decided she would become our "Chief Domestic Officer" and be a full-time mom, housewife, and family planner. It meant she left the workforce and took on more important (to us) responsibilities.

    Folks do this all the time. The difference now is the SCALE. There has been so much disruption in the last 2 years that millions are asking "what am I doing here?". If they are FORCED to work remote, why not do something they actually care about? If their expenses are going up dramatically, why not find a job that actually pays the bills? If their kids will be learning at home, how can they get an adult there with them? In other words, the lifestyle of 2 years ago is GONE, and they are all settling into a new lifestyle.

    You guys are probably gonna laugh at me, but I think the great resignation is because of the great realization.

    A lot and I mean a LOT of people have realized they can stay home, trade stock and crypto, gamble on sports and make more in a week than they use to make in a month or a year. I really think the lock down motivated people to learn to gamble, whether it be gambling on sports, stocks or crypto. Young folks have realized they don't need jobs. They sat at home and made more than they ever made working. I mean some of these kids are excellent at what they do! They collected unemployment and spent it getting educated in live action, now they are young, wealthy and have ZERO fear.

    When you have stocks that run from $3 to $500 and $7 to $175 for no other reason than people being involved, of course they will figure it out.

    I mean, these people would have never had 1. The money to do this 2. The courage to try if they were still living paycheck to paycheck.

    Who wants to work, when you can sit home and make more than working a job everyday?

    I think it's a little of each of these, along with the idiots in MSM trying to blow things out of proportion, as they always do. When forced to either work from home, or become out of work and being forced to figure something else out, people come to realizations they wouldn't have before. I always knew that my job in Information Security could be done completely from home, but it took COVID for employers to allow it. Now that they see that many of us can be permanent remote workers with no impact to the bottom line, they are allowing us to do it. I won't ever go back to working in the office 5 days a week, mostly because I don't have to. There are TONS more remote positions than there were 2 years ago and I for one am extremely happy for that.

    As I said, I also think MSM is pushing a narrative on this to possibly make it more than it is. I think it's less the "great resignation" and more the "great re-evaluation".
     
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