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I'm 60, working for myself, and am in constant fear that when i reach 65, i'll fire myself.

Can't imagine how painful that might be if the decision was made by someone else against my will.

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin

by Crazy Horse on Tue Jul 14th, 2009 at 07:02:17 AM EST
well I'd watch out for that boss, if he's keeping you in that sort of stress, id form a union and demand my rights, he sounds like a right git ;)

Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jul 14th, 2009 at 07:06:54 AM EST
[ Parent ]
Employment, rather than self employment, is already something that implies giving up part of one's will. (Something often forgotten on ET were most people are self-employed and/or have jobs they like and with quite a bit of freedom)

It's not like companies willing to fire someone that reaches an older age will be out of ways to make the employee's life hell by moving him around.

Un roi sans divertissement est un homme plein de misères

by linca (antonin POINT lucas AROBASE gmail.com) on Tue Jul 14th, 2009 at 07:11:48 AM EST
[ Parent ]
I must admit that i commented a bit fascitiously (sp?) above, and am grateful for the discussion preceeding to enlighten me.

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin
by Crazy Horse on Tue Jul 14th, 2009 at 08:38:52 AM EST
[ Parent ]
I decided to retire last year at 65, guessing that hard times for my company (I am the only employee) might be ahead in the global economy. For decades I've never known if I could pay the company bills each month, but with some bigger projects meaning I could breathe easy for a few months ahead. (Which I usually used for self-initiated speculative projects). Taking the pension meant that my basic survival needs were taken care of, and the company, which I still run at full tilt, would thus have fewer costs.

I still pay myself a nominal salary to cover the benefits I take out of the company - but no cash. I also have income through my agent for voiceovers and acting, and copyright income from music. These 'incomes' are added to my pension rate and I pay tax on the whole lot.

My pension is based on earnings since 1974 with a private but mandatory insurer. I have been paying into the pension pot since I started working in Finland.

As it happened, thanks to Finland's commitment to FDI, the last 8 months have been quite busy, so I have built up some reserves to do a couple of speculative projects that have been hanging around for a couple of years.

I could never stop working - unless health intervened - I enjoy what I do too much. But my accountant ran some figures and suggested that there was a better solution, especially since my youngest daughter will also get 10% of the shares as a non-taxable gift in November when she's 18.

You can't be me, I'm taken

by Sven Triloqvist on Tue Jul 14th, 2009 at 07:51:48 AM EST
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You don't happen to consult for Wells Fargo, do you?

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
by Drew J Jones (myfriends@thisispancakes.com) on Tue Jul 14th, 2009 at 08:59:03 AM EST
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