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Thinking I could use the lump sum for paying off debt and towards mortgage and then het another job and work for another 7 years (getting vested again)!
I would talk with human resources about the rules regarding your specific retirement. Every job handles it differently. I retired at 65 and got bored in my retirement and ended up going back at a completely different company, but I definitely needed to speak with my financial advisor to make sure I wasn't going to hurt my pension.
Nope, and I don't know if I'll ever get the chance to consider it with the way prices keep increasing. I doubt there's any rule prohibiting you from returning to work after a brief retirement. The previous employer might not want to, but I wouldn't expect them to have a policy expressly forbidding it either.
Rising Star
Yeah, it's actually pretty common for people to "retire" from a company and then come back later; sometimes even to the same role or a similar one. They're often called "boomerang retirees" or people doing bridge employment (like easing back into work part-time after dipping into retirement).
From what I've seen (and heard from friends/family in corporate/government jobs), tons of folks do this:
Some retire, enjoy a few months or a year of freedom, then get bored, miss the routine/social side, or just want extra cash without going full-time again.
Others "retire" strategically to start collecting a pension/Social Security, then return in a consultant/contract/part-time capacity and sometimes even with the same employer.
I've read stories (and seen Reddit threads) where people retired from big companies, took 6–18 months off, then came back because the company needed their expertise or they missed the structure. One guy I know retired from a tech firm at 62, chilled for a year, then went back part-time remotely because "Netflix only lasts so long."
As for timing—there's no universal "you must wait X years" rule, but it depends heavily on your situation:
Private sector/401(k) type plans often have no strict waiting period. You can technically go back right away if the company wants you (and if it's not a sham retirement just to cash out benefits early then that could cause IRS headaches). Many places have a short break (like 30 days) to make it legit, but plenty of people return after a few months without issues.