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Subject:

Well Happy Anniversary then! 🍪🍪🍪🍪🍪

From: Kitchop Find all posts by Kitchop View Kitchop's profile Send private message to Kitchop
Date: Mon, 22-Apr-2024 10:43:39 PM PDT
Where: SoapZone Community Message Board
In topic: 👂🏾Monday/Tuesday/Wednesday Gabfest! 🎤 posted by Antwon
In reply to: Eh, I'm good with "happy anniversary" <g>. The daughter of a woman posted by Wahoo
I briefly worked with my last week is a teller up at my local bank. Both she and her mother are really nice--her mom is a hoot--and the few times I've gone inside and seen "B", I've asked her how her mom was doing. I recently was inside the bank and got a chance to speak to B. I asked her how her mom is, she said good. I then asked if her mom was still at my former workplace...B grimaced and said yes, but she's not happy. She then said things have continued to spiral downward since I left, mostly due to...she said "new ownership" but I think she meant new senior management. I left just after a new senior VP came in and started throwing his weight around. My former workplace used to pride itself on only hiring from within...new senior VP has clearly never stepped foot on a manufacturing floor before (or if he did, it was a long time ago and he forgot everything).

It’s always good to get confirmation that you made the right decision. Not that you had any doubt, I’m sure.

marks a year since you left a job you hated and that was a good thing. Can I ask what you mean by your bank account being “technically good” for 4-6 more months? Does that mean you have that much time until you’ll start having to dip into your retirement savings/funds? Or does it mean you have that much time until your bank account will be….empty? 😱

It means I have X amount of money in the bank that can pay my bills for the next 4-6 months and leave me with a bit left over each month. I have two 401Ks--one through the bindery and one through the place I left last year. The one through the bindery is significant, and I have no intention of touching it. The one through my last workplace is just slightly less than what I currently have in the bank and I have from time to time considered cashing it out. But it's so deeply ingrained in me not to do that.

I’m with you on not touching the retirement funds unless you absolutely have to. Also, on the subject of retirement, if you’re counting on an inheritance, including the house, as a piece of your retirement funds, while you have time now, I seriously advise you to learn about how to protect your dad’s assets. I’ve just been through that with my mom and she did not protect everything as well as she could have. My sis and I are lucky we got the house. But her savings account all went to longterm care. The last year of life can be very expensive and, at that point, it’s too late to protect most assets. Once he needs hospitals, home care or longterm care, etc, it’s too late to protect his assets. There is a 5-year lookback period during which we realized what should have been done five years earlier. For example, learn the difference between an irrevocable trust and a revocable trust.

You may remember I used to work with a woman just a little older than me ("Granny"). She'd been a STNA and while she loved the patients, she hated management, so she quit to join us (and make a bit more money). About six months before I left, she was permanently transferred to another building where she clashed with her supervisor (I never heard the supervisor's side but if Granny was telling the truth, I'm on her side). She wound up leaving shortly after I did and going back to her old STNA job. When she left, she had around $8K in her 401K. She asked me if she should cash it out, and my knee jerk reaction was to tell her no. And I did. But she claims some kind of "money expert" in her circle of friends and family told her to cash out and take the tax hit. She didn't have nearly the savings I did and was struggling to pay rent and her car loan.

Maybe she really needed the money now and/or was afraid it would no longer be there later. What is an STNA? I know what a CNA is.


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