On the other hand, you could see how things go for the first 5 years and then go back to work if needed.
Will you be allowed back into the labor force? Many employers, especially in the IT industry, will almost certainly turn you away if you have an unexplained hole in your resume that’s 5 years wide. Basically the only reason that can cover a 5-year gap is education of some kind (usually something like graduate education). If you say, “Oh, I just retired for 5 years, but now I’m looking for a job again,” that’s not going to help your chances of landing a job.
This might not be as much of a problem in IT as you might worry, especially if you have personal projects or open source contributions to show for it. It’s difficult enough finding skilled developers that if your skill is in demand, a good recruiter will still go to bat for you. I’d say it harms your chances, but it won’t kill a career.
Will you be allowed back into the labor force? Many employers, especially in the IT industry, will almost certainly turn you away if you have an unexplained hole in your resume that’s 5 years wide. Basically the only reason that can cover a 5-year gap is education of some kind (usually something like graduate education). If you say, “Oh, I just retired for 5 years, but now I’m looking for a job again,” that’s not going to help your chances of landing a job.
This might not be as much of a problem in IT as you might worry, especially if you have personal projects or open source contributions to show for it. It’s difficult enough finding skilled developers that if your skill is in demand, a good recruiter will still go to bat for you. I’d say it harms your chances, but it won’t kill a career.