The latest thing to hit the investment world are automated financial advisors, which take the human element out of investing in stocks. In many cases, elderly parents may avoid talking about financial problems because they don’t want to worry their children or because they feel embarrassed. If you are repeatedly being asked to bail out your parents, finance their medical and household expenses, or take on extraneous duties around their home to accommodate them at the risk of your own financial health and sanity, then it is perfectly fine to draw some boundaries. This job was everything to me, helping kids who had severe social and emotional difficulties.
Sadly, family caregivers as well as paid caregivers are often the biggest perpetrators of elder abuse, financial and otherwise. I probably knew this day was coming, but I had ignored doctors, my families and friends warnings and continued working in a job I loved. The company I worked for were experiencing huge financial difficulties, now this company is one of the oldest and was, most secure companies to be employed by, so if they were in trouble you knew the country was too. I am glad I found Squidoo, or maybe like the day I went to the consultant instead of turning up to hear about the future of my job, Squidoo found me. I once literally used a new employee’s resume to wipe my ass, right in front of him.
At that time I suffered some very tragic news, and an abusive ex-partner wanting to stir up trouble so losing my job did not matter, there were days when I could hardly bite my fingernails, never mind worry about a job, and I spent my day sleeping and crying. At my previous job I tried to semi-retire after 20 years of service, but in the same institution, moving from administrator handling all the admin matters (and not educational matters/teaching) down to handling ONLY the financial matters for 4 hours per day. I am so concerned about getting a better job and income currently, that I do not think about this.
They still ‘saw’ me as the one in charge, and those in charge felt inferior without even realizing it – they were only aware of me watching them trying to do my job as good as I have done it – and this provoked frustration and antagonism. I, who had thought I would be able to step back and close my eyes for everything except accounts and financial statements, felt – can you believe it – rejected and not-known when it came to new developments and changes. When I was younger, I loved my government job so much that I thought I would never retire.
For the first three years of my enforced disengagement from the corporate world, I continued to draw 2/3 of my base salary through long-term disability insurance benefits, as well as maintain eligibility for company insurance and numerous other perks to which I’d become accustomed. I had to cash out my 401(k) when the stock market was abysmally low because I needed the money right then, and this left me without the financial cushion for later years. I retired from my stateside government job when I was 63 and moved shortly later to Thailand for my retirement.