Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
ER Butterflies
Old 02-18-2013, 09:34 AM   #1
Confused about dryer sheets
SailorEd's Avatar
 
Join Date: Feb 2013
Location: Heart O' Texas
Posts: 1
ER Butterflies

Hi everyone! I've lurked around the forum for a few months and this info is great stuff. You guys are awesome! It's helped me get enough courage to move toward ER since I'm in a position to ER. I've worked since I was 14 (child labor) and will be 60 in a month. Corporate life doesn't do anyting for me anymore and I sit here at home on Monday morning instead of out slaying dragons. Just not interested anymore. Don't get me wrong, I have a great job and that lends itself to the OMY syndrome. International travel is now boring and in fact all travel is now boring and I try to avoid it if at all possible; sending my reports instead of me. I have more than enough to do after ER so it's not like I don't have an activity plan. And the DW (55) has 2.5 years until full teacher retirement with healthcare benefits, etc.

So here I sit, reading forum post, trying to get my head around transitioning from 45 years in the work force to ER wonderland. My short-term goal is to be able to put my name on graduating list of the Class of 2013.

I like this problem.....

When I think about ER, I get butterflies in my stomach. Is this normal?
__________________

__________________
SailorEd is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 02-18-2013, 09:41 AM   #2
Recycles dryer sheets
JBmadera's Avatar
 
Join Date: Apr 2010
Location: Green Valley
Posts: 241
Welcome! And butterflies, at least in my case, are common. G/L on getting out this year.
__________________

__________________
JBmadera is offline   Reply With Quote
Old 02-18-2013, 11:46 AM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
 
Join Date: Nov 2010
Location: Vermont & Sarasota, FL
Posts: 16,424
Butterflies are normal because we all are creatures of habit and resist/fear change. Just do it. I can almost guarantee you that you will be uncomfortable for a while, but that discomfort will pass as you enjoy your new-found freedom to do whatever the heck you want to.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
pb4uski is offline   Reply With Quote
Old 02-18-2013, 12:22 PM   #4
Full time employment: Posting here.
 
Join Date: Jun 2006
Posts: 926
Maybe this will help a little with the butterflies. After you have worked 46 years it is not exactly EARLY retirement. It may also help to run your numbers through FIRECALC and other retirement calculators.
__________________
CW4, USA-(ret)
RN, BSN-(ret)
jclarksnakes is offline   Reply With Quote
Old 02-18-2013, 12:28 PM   #5
Thinks s/he gets paid by the post
Live And Learn's Avatar
 
Join Date: Feb 2012
Location: Tampa Bay Area
Posts: 1,689
Welcome SailorEd. I'm thinking of ER this year also, but I have wicked butterflies. I'm only 50 so I have 10 more years than you do for things to "go wrong". We can run the numbers all we want, but at the end of the day we have to remember "no guts, no glory". I just read the story of the 52 year old soccer mom who had a stroke at her sons game and died .... how awful it would be to die before retiring ! I'm trying to convince myself that the best thing I can do is to not work one more day than necessary !
__________________
"For the time being no discipline brings joy, but seems grievous and painful; but afterwards it yields a peaceable fruit of righteousness to those who have been trained by it." ~
Hebrews 12:11

ER'd in June 2015 at age 52. Initial WR 3%. 50/40/10 (Equity/Bond/Short Term) AA.
Live And Learn is offline   Reply With Quote
Old 02-18-2013, 03:02 PM   #6
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
travelover's Avatar
 
Join Date: Mar 2007
Posts: 9,880
Quote:
Originally Posted by SailorEd View Post
..........
When I think about ER, I get butterflies in my stomach. Is this normal?
Of course. I'm 60, ER'd 6 years. These have been some of the best years of my life. I had a good friend die at age 64 who was going to w*rk to 65. That kinda summed it all up for me. I can't control when I'll die, but I can control when I retire.

My DW has 3 years to go to get her teacher's card punched, but she loves having me home to do all the stuff she would be stuck with if I was w*rking. YMMV
__________________
Yes, I have achieved work / life balance.
travelover is offline   Reply With Quote
Old 02-18-2013, 03:04 PM   #7
Thinks s/he gets paid by the post
 
Join Date: May 2005
Location: Texas
Posts: 1,038
Thinking of work will give you butterflies after you are retired.
__________________
In theory, theory and practice are the same. In practice, they are not.
Lazarus is offline   Reply With Quote
Old 02-18-2013, 03:18 PM   #8
Full time employment: Posting here.
citrine's Avatar
 
Join Date: Mar 2007
Posts: 944
Congratulations!!!! You will not regret it at all....coming from a semi retired person
__________________
citrine is offline   Reply With Quote
Old 02-18-2013, 05:52 PM   #9
Thinks s/he gets paid by the post
obgyn65's Avatar
 
Join Date: Sep 2010
Location: midwestern city
Posts: 4,061
Welcome to the forum, Ed.
__________________
Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
obgyn65 is offline   Reply With Quote
Old 02-18-2013, 06:10 PM   #10
Thinks s/he gets paid by the post
 
Join Date: Mar 2009
Posts: 1,433
I think your ready. Sounds like you've positioned yourself and I'm sure you've run the numbers. At this point I would concentrate on the nonfinancial aspects. Explore your interests and find new opportunities. Keep us posted on how you make out.
I'm trying to get to your point within the next 1 1/2 years. However I know how you feel on Monday mornings.
__________________
Retired in 2016. Living off dividends / interest and a mini pension. Freedom.
foxfirev5 is offline   Reply With Quote
Old 02-18-2013, 10:01 PM   #11
Thinks s/he gets paid by the post
 
Join Date: Feb 2011
Posts: 1,629
Understand completely. I'm FI but not ER. However mid 50's & gettin' close. I get the Butterflies thinking about ANY of my options. I have a great paying j@b & get B's thinking about giving that up. Then I think about w@rking another yr or 2 & get B's thinking about losing those precious few yrs left of my life (or at least my decent health). Lately I've been attempting to arrange a few months time off as a "trial ER", but even that gives me B's since I haven't been off w#rk (or FT school) for that long since summers of jr high (8th or 9th grade). I think it's normal to feel uneasy about any major life change.
Good luck with your decision, Sailor. And welcome aboard!!!
__________________
ERhoosier is offline   Reply With Quote
Old 02-18-2013, 10:55 PM   #12
Moderator
MBAustin's Avatar
 
Join Date: Jul 2010
Posts: 4,152
Butterflies are normal, and they probably won't go away for a few months after you ER. When our lives are wrapped up with our companies, breaking that tie is uncomfortable and difficult for most of us no matter how ready we are to go.

Even though I knew and had independent validation that we were FI and I could RE, it was hard in many ways. But I am SO glad I did it.

Best wishes for a smooth transition for you!
__________________
"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." William Feather
----------------------------------
ER'd Oct. 2010 at 53. Life is good.
MBAustin is offline   Reply With Quote
Old 02-19-2013, 07:30 AM   #13
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
donheff's Avatar
 
Join Date: Feb 2006
Location: Washington, DC
Posts: 8,643
Welcome to the forum. Pull the plug in your own good time. The butterflies will continue until you do and then probably switch over to when you imagine returning to work as Lazarus says.
__________________
Every man is, or hopes to be, an Idler. -- Samuel Johnson
donheff is offline   Reply With Quote
Old 02-19-2013, 07:50 AM   #14
Thinks s/he gets paid by the post
DFW_M5's Avatar
 
Join Date: Sep 2003
Posts: 4,982
Quote:
Originally Posted by SailorEd View Post
My short-term goal is to be able to put my name on graduating list of the Class of 2013.

I like this problem.....

When I think about ER, I get butterflies in my stomach. Is this normal?
This is a good goal, take my advice as one who fell into the OMY trap, do it.

Oh by the way, welcome to the site.
__________________
Doing things today that others won't, to do things tomorrow that others can't. Of course I'm referring to workouts, not robbing banks.
DFW_M5 is offline   Reply With Quote
Old 02-19-2013, 01:36 PM   #15
Recycles dryer sheets
 
Join Date: Aug 2011
Posts: 89
Welcome, SailorEd.
I am 58 and will in a few weeks be part of the class of 2013, having worked for Megacorp for the last 33 years. The butterflies are absolutely normal. Perhaps one additional perspective is, whenever you start to worry about one of the perceived disadvantages of retirement (eg loss of status), ask yourself "will working for a few more years make things better or worse?". After all, we will have to retire at some point...
__________________
boatfishandnature is offline   Reply With Quote
Old 02-19-2013, 02:17 PM   #16
Thinks s/he gets paid by the post
 
Join Date: May 2005
Location: Texas
Posts: 1,038
Quote:
Originally Posted by boatfishandnature View Post
After all, we will have to retire at some point...
You don't have to retire. You can die on the job.
__________________
In theory, theory and practice are the same. In practice, they are not.
Lazarus is offline   Reply With Quote
Old 02-19-2013, 02:38 PM   #17
Recycles dryer sheets
Stanley's Avatar
 
Join Date: Jan 2013
Posts: 194
Normal? It would be abnormal to not have the butterflies. I spent 40 years working and can't tell you how nice is it to get up when I wake up. And I am amazed at how busy my days are. When did I have time for life while I was working?

One thing I recommend, since your DW still has to work, take over some of the household chores like cleaning, grocery shopping, etc. Give her a win from your retirement. I will work wonders! Though not married I have a GF. I did things like stay at her home when a repairman was expected, made dinner for her after work, even picked up some visiting relatives at the airport. She was very appreciative.
__________________
Stanley is offline   Reply With Quote
Old 02-19-2013, 03:01 PM   #18
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,971
Quote:
Originally Posted by pb4uski View Post
Butterflies are normal because we all are creatures of habit and resist/fear change. I can almost guarantee you that you will be uncomfortable for a while, but that discomfort will pass as you enjoy your new-found freedom to do whatever the heck you want to.
Quote:
Originally Posted by donheff View Post
Welcome to the forum. Pull the plug in your own good time. The butterflies will continue until you do and then probably switch over to when you imagine returning to work as Lazarus says.
Perfectly normal, and I can't say it any better than these two already have...
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is offline   Reply With Quote
Old 02-19-2013, 06:13 PM   #19
Dryer sheet aficionado
 
Join Date: Mar 2012
Location: Ocala
Posts: 49
I found going into retirement to be a big step into the unknown, complete with butterflies. And while I had some concerns and still do to some extent (I miss the comfort of a a check coming in every two weeks) the benefits of retirement have been immense. It was one of the best decisions of my life.
__________________
Doug
GT1 Doug is offline   Reply With Quote
Old 02-19-2013, 06:38 PM   #20
Recycles dryer sheets
 
Join Date: Mar 2007
Posts: 230
Welcome Ed, I am 56 and retired 7 weeks ago and I love it ! I had developed all sorts of alternatives in case it was not working out.. Now I would not consider going back, my plans are working out fine my days are full no need to work again ! Good luck in any decision you make.
__________________

__________________
xyz is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 04:35 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.