Search the Community

Hi folks, was looking for some GF feedback here. My Dad has been offered redundancy at his work. He works in Customer Services at a large Spanish bank, and he has worked there since he left school some 30-odd years ago. He literally walked out of school and into this place. The redundancy offer is just over 60k after tax he thinks. Now a background on my Dad. He's skint. Always is, always has been. He lives alone in a terraced house in Walton that needs all sorts of work on it but he just makes do. He's had some rough times, without going into detail. My initial advice was to go for it. You don't get an offer like that often. He could pay some debts off, have a holiday, do work on the house and still have enough money to survive for a year or two, should he have no luck finding a new job. Of course he would almost immediately look for a new job. That is the tricky bit, as it is so unpredictable out there. He has probably never had a proper job interview in his life apart from that first one 30 years ago. The risk really is how long it'll take him to get back into a job. Also, he is 5 years off being able to take an early retirement/pension. So he has say 2 years to get a job and then after a further 3 years he'll have more money coming in. I still say he should do it, but many are saying he should stay. GF thoughts?