Hi. I was forced to retire on disability due to severe back and health problems.
What I have learned is how unfair it is for people like me, who have worked all of my life, only to find that I was unable to save enough to be comfortable now.
I raised one daughter and help with my grandson, and she is disabled and on SSI and SSD because of mental issues. We moved in together to save money and live better, even moving to another state in the South. That was a good decision.
Because of how I was forced out of working, my life is totally different. I was accustomed to being busy most of the time, and now I am searching for things to do that are inexpensive.
So, I have turned into a cookie baking grandmother, which is really so different from being a college professor.
At first I felt as if I was rejected by people at work, then I realized I invested so much of my energy into working that I lost focus on my relationships and personal life. Then the rule is that the retirement portion from the job I cannot receive until I am 55. Thank God I'm 54!
Some days I get so bored and discouraged! But I think I am finally adjusting to my much more relaxed new life, and it is a blessing. In a few months I will have access to the rest of my retirement, so I hope to buy a car, since mine was repossessed. I could no longer afford the payments on SSD.
I have learned to be content with less of everything, and depend solely on God for He takes such care of me and always has.
There is a lot I don't understand about my IRA and taxes, etc. and I hope to learn more now. I would love to hear from anyone who has experienced a similar situation to myself.