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Speaker 1: This is a podcast from wor.

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Speaker 2: Here again is Larry Manty with the WR Saturday Morning Show.

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Speaker 3: Thinking about retiring, trying to figure out what you should

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Speaker 3: tell your boss and when is the right time.

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Speaker 1: Career advice expert Greg gm Grunde has the answers. Greg,

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Speaker 1: a couple interesting emails in your email box. I'm planning

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Speaker 1: to retire soon and I don't know when or how

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Speaker 1: to tell my boss. How much notice is enough? And

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Speaker 1: should I do it in person or by email? I

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Speaker 1: want to keep things smooth and professional.

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Speaker 2: Well, the first rule of thumb if you want to

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Speaker 2: keep things smooth and professional is to never deliver news

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Speaker 2: like this via email. It out of respect. It should

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Speaker 2: be in person. But before you deliver news of your

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Speaker 2: intent to retire. And this is the time of year

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Speaker 2: where you know lots of people will evaluate different things

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Speaker 2: in their lives, including their career. Retirement obviously is a

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Speaker 2: huge decision. Some people don't really think it through and

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Speaker 2: don't and aren't sure that they really lined up everything

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Speaker 2: that they would do after and and they're not sure

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Speaker 2: that they've got their plan set up, and sometimes it's

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Speaker 2: done emotionally. So before you make this big decision, before

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Speaker 2: you notify anyone. I've seen many many people regret afterwards.

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Speaker 2: I don't know what I was thinking, I don't know

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Speaker 2: what to do with myself, and they want to come back.

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Speaker 2: So first make sure it's what you really want to do,

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Speaker 2: and then before you let your employer know, evaluate the situation.

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Speaker 2: Because lots of companies are going through layoffs right now.

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Speaker 2: Sometimes they're offering voluntary exit packages. So instead of you

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Speaker 2: just leaving with some notice, you might be able to

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Speaker 2: walk away with some separance. Because it can be tricky

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Speaker 2: for companies is to lay off people who are of

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Speaker 2: retirement age. It's done all the time, but it's trickier.

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Speaker 2: So if your company is going through something like that,

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Speaker 2: it's worth talking to your boss and say, hey, listen,

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Speaker 2: I know we're laying people off, or you're offering packages.

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Speaker 2: You know I might be open to something like that.

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Speaker 2: Is that something the company is willing to consider for me?

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Speaker 2: You might be able to get yourself a little something

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Speaker 2: on the way out rather than just saying you're you're retiring.

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Speaker 1: Well, that's great advice.

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Speaker 3: As always, I just talk somebody out of retiring just

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Speaker 3: recently because they were going to do it for the

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Speaker 3: wrong reasons. They were gonna do it because they didn't

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Speaker 3: like the boss and they didn't like their situation. And

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Speaker 3: I said to them at that point, then what what

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Speaker 3: are you gonna do?

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Speaker 1: What's gonna be the next thing? And they really had

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Speaker 1: no plan. They were just mad. They were gonna do

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Speaker 1: it on emotion, which is probably, I think you would agree, Greg,

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Speaker 1: the worst reason to retire.

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Speaker 2: You never make any major decision during an emotional moment.

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Speaker 2: You really have to step back and talk to people

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Speaker 2: and calm down. These are two important decisions. But if

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Speaker 2: you've done all that and you still want to retire

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Speaker 2: and your company isn't offering any packages, then give yourself

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Speaker 2: plenty of notice like I wouldn't. I wouldn't if you're

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Speaker 2: planning on retiring at the end of January, I would

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Speaker 2: have had that discussion a few months before. There's no

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Speaker 2: harm in working out a longer transition period. Your employer

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Speaker 2: will respect it because you're not saying I'm retiring in December.

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Speaker 2: What you're going to say is I'm thinking of retiring

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Speaker 2: in December. When would be a good time for us

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Speaker 2: to sit down and talk about what that might look

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Speaker 2: like and when we would start a transition period. That

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Speaker 2: would be the professional way to do it, to give

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Speaker 2: yourself as much transition time as possible and give the

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Speaker 2: employer that time too.

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Speaker 1: And when they say oh good, that's not a good sign.

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Speaker 1: You're talking about usition time.

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Speaker 2: Say I'm like, you know, I want to retire in

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Speaker 2: three months, like that's that's my plan.

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Speaker 1: And you go to your boss and.

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Speaker 2: You say, yeah, you know in June, I want to

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Speaker 2: thinking about calling it quits.

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Speaker 1: Bapah bah bah. And they say, well, you know what,

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Speaker 1: we could do it sooner. I mean that's their call,

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Speaker 1: not yours.

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Speaker 2: Right, Well, that's why you're not saying I am forget

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Speaker 2: about retirement. Let's just call it a resignation, right, yes,

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Speaker 2: your employer. Your employer doesn't have to honor your resignation date.

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Speaker 2: If you walk in and say I'm resigning, retiring, whatever,

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Speaker 2: and I'm leaving in three months, your employer can say,

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Speaker 2: thank you for the notice. I don't need three months.

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Speaker 2: How about three days and let's make Wednesday your last day.

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Speaker 2: That is true, Natalie, They can do that, which is

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Speaker 2: why you're going to say, I am thinking of retiring,

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Speaker 2: and if I were to retire, it would be around

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Speaker 2: this timeframe.

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Speaker 1: Okay, but by the way, I am not retired. We

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Speaker 1: didn't think so. Believe me, I thought that was going

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Speaker 1: to happen. Let me go to the other end of

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Speaker 1: the spectrum on this, because the hip thing for the

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Speaker 1: cool kids to do is to just leave their job

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Speaker 1: without notifying anybody, just not showing up. It's a big

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Speaker 1: thing on social media right now. They brag about it.

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Speaker 1: They hated their job, so they just left, and everybody

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Speaker 1: salutes them for it. Does that gonna hurt you later on?

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Speaker 2: Yes, it is really. I mean, unless you were like

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Speaker 2: there's no record of where you worked and there's no

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Speaker 2: way to find out. But but today it is so easy,

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Speaker 2: and most employers do thorough background checks and check your

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Speaker 2: social media. If you are bragging on social about how

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Speaker 2: you ghosted your employer, I might think twice, Larry, call

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Speaker 2: me crazy. I might think twice about extending a job

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Speaker 2: offered to you.

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Speaker 3: Well, I'll tell you what. Just check social media. It's

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Speaker 3: all over the place, people just leaving their jobs. And

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Speaker 3: when it becomes a trend, then everybody follows course.

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Speaker 1: And you're right. I look at it and I think

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Speaker 1: to myself, I feel so bad for these people. They

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Speaker 1: have no idea what they're doing. They're just, you know,

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Speaker 1: I don't want to call them young and dumb, but

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Speaker 1: they're young and dumb.

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Speaker 2: They are documenting a series of career limiting moves that

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Speaker 2: hopefully at some point they will wake up and get

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Speaker 2: some maturity and stop doing that. But yes, it will

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Speaker 2: hurt them.

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Speaker 1: Greg gm Grande, career advice expert. Check them out on

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Speaker 1: go to Greg dot com. This has been a podcast

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Speaker 1: from wor