“It was a very dark time initially. All I could do was worry about what this meant for my future,” he says. His immediate concerns were for his financial stability in later life and the impact on his retirement plans. If he significantly cut his outgoings and paid off his mortgage he thought his redundancy pay-out would be able to last him two years.
When he was looking at what other job opportunities were out there, he began questioning his abilities. “This is when the panic about imposter syndrome set in, wondering could I actually do this? Or was the only reason I was that good at my job due to the people around me?” he questioned. He also felt put off by the language in the job descriptions. “I was fed up with corporate strategy speak and the idea you have to buy into the company’s values. I just wanted a job, to be left alone with it and get on with it.”
But after Christmas, Mark’s outlook began to change and he relaxed into the idea of early retirement. “I feel very lucky. I got a final salary payout and access to a quarter of my pension so I could make ends meet and live a comfortable lifestyle. I realised as well that I could do the jobs that were out there, but I didn’t actually want to,” he says.
In January he was approached by his old manager who had also been made redundant from the telecommunications company but had found a new job with the civil service and made him a job offer. It's a year-long contract and a decent salary with the added bonus of working with his old manager. Mark decided to take the role to help shore up his financial situation for retirement.