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Old 08-29-2008, 12:28 PM   #1
emshays
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I flunked retirement

I thought I'd stop working and went out and did some pro-bono stuff for three years, but I like doing things to help other people and so I've gone back to work. The additional money isn't bad. It enables us to do things for our family, contribute more to places like Africa or disasters like Katrina.

Has anyone else failed retirement?
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Old 08-29-2008, 12:35 PM   #2
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emshays, I removed your duplicate post.

I think you can't fail. If you are doing what you want to do all is good.

Thanks for your contributions to good causes.
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Old 08-29-2008, 03:27 PM   #3
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What's this about failure? I echo Martha's comments, FIRE is all about doing what you want to do, and if that includes getting paid for doing some work that you want to do, then no problems.
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Old 08-29-2008, 03:36 PM   #4
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What's this about failure? I echo Martha's comments, FIRE is all about doing what you want to do, and if that includes getting paid for doing some work that you want to do, then no problems.
I agree - with one small stipulation. If you retire then go back to work full time, you probably need to omit the RE from FIRE.

That RE part sometimes takes a little practice. I have a friend who is so good at it that he's done it three times now! This time he's trying a new strategy - waiting until after the market tanks to pull the plug. Maybe the third time will be the charm.
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Old 08-29-2008, 03:46 PM   #5
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Thanks everybody. I'm afraid my "failure" was tongue in cheek. It's not a problem for me. What I was thinking about was am I the only one who retired and decided sitting around wasn't any fun? And if not, what are the rest like me doing with their time? There is semi-retirement, hobbies that make money, working as a consultant or coach, etc.
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Old 08-29-2008, 03:55 PM   #6
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Quote:
Originally Posted by emshays View Post
Thanks everybody. I'm afraid my "failure" was tongue in cheek. It's not a problem for me. What I was thinking about was am I the only one who retired and decided sitting around wasn't any fun? And if not, what are the rest like me doing with their time? There is semi-retirement, hobbies that make money, working as a consultant or coach, etc.
There are plenty of ESR's on the board. DW is ESR. While I'm stil w*rking she goes in twice a week as a contract analyst programmer to the place she left 4 years ago because she really likes the folks she used to work with and as a "paid by the hour" contractor has none of the overheads or stresses of an employee. Once I RE we'll be leaving the area and she will RE.
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Old 08-29-2008, 04:13 PM   #7
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Originally Posted by emshays View Post
Thanks everybody. I'm afraid my "failure" was tongue in cheek. It's not a problem for me. What I was thinking about was am I the only one who retired and decided sitting around wasn't any fun? And if not, what are the rest like me doing with their time? There is semi-retirement, hobbies that make money, working as a consultant or coach, etc.
There ws a very energetic man named NewGuy88 who retired from teaching, then resumed coaching, and I think the last we heard he is teaching again too. He has plenty money, though a little more never hurts, right?

And he likes the coach/teacher lifestyle.

Ha
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Old 08-29-2008, 04:17 PM   #8
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And he likes the coach/teacher lifestyle.
And ranting on discussion boards.
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Old 08-29-2008, 04:49 PM   #9
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Originally Posted by emshays View Post
Has anyone else failed retirement?

have you seen this thread and article?

http://www.early-retirement.org/forums/f28/some-early-retirees-have-second-thoughts-38240.html
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Old 08-29-2008, 05:18 PM   #10
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Welcome , I flunked retirement the first time but it seems to be sticking this time .
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Old 08-29-2008, 05:29 PM   #11
emshays
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If it's not too personal, tell me why you flunked and why it's sticking this second time.
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Old 08-29-2008, 06:35 PM   #12
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If it's not too personal, tell me why you flunked and why it's sticking this second time.

No problem ! My goal was always to retire in my 50's so as I neared the end of my 50's I decided to retire . I was financiallly ready but not really mentally ready so when they offered me a very flexible part time position at a great rate I took it . A few months into it I knew I was ready to call it quits at least in nursing but I stayed a few more months due to loss of staff . I finally called it quits nine months after I returned and this time I was mentally ready . I did start selling on ebay & amazon and this has amused me & kept me busy . As crazy as this sounds I enjoy the setting up the auctions , the taking of the pictures and the writing the listings . I do make some money doing this but most of it I give away . We all have to find our own niches in life and if yours is work so be it .
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Old 08-29-2008, 07:01 PM   #13
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There ws a very energetic man named NewGuy88 who retired from teaching, then resumed coaching, and I think the last we heard he is teaching again too. He has plenty money, though a little more never hurts, right?

And he likes the coach/teacher lifestyle.

Ha
Is he the guy who was always posting depressing, end-of-the-world articles? Hm...how do his charges win championships?
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Old 08-29-2008, 07:44 PM   #14
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can anyone here please direct the fire flunkees to the online support group for f.i.n.e. (financially independent needlessly employed)?
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Old 08-30-2008, 08:09 AM   #15
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can anyone here please direct the fire flunkees to the online support group for f.i.n.e. (financially independent needlessly employed)?
I suppose I should start that one. Now working again 40/hours/week, almost doubles our income. I wanna motorcycle, a travel trailer and an airplane.

Since I'm done acting like a responsible adult, now I can regress.
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Old 08-30-2008, 03:40 PM   #16
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hey, yer blogging to the choir. i'm considering a new career as a teacher or a zoo keeper (you can probably see the similarities).
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Old 08-30-2008, 03:43 PM   #17
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hey, yer blogging to the choir. i'm considering a new career as a teacher or a zoo keeper (you can probably see the similarities).
You're probably safer in the zoo.
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Old 09-01-2008, 12:08 AM   #18
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I'm trying to retire, but I'm a coward.
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Old 09-01-2008, 04:13 PM   #19
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I'm trying to retire, but I'm a coward.
I was for a while too. Now that I've been retired for 5 years I see, in retrospect, that I overestimated both the size of the portfolio I needed and the amount I would spend in retirement. Better than underestimating, but if I knew then what I know now, I woulda/coulda/shoulda retired a few years earlier.
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Old 09-01-2008, 04:28 PM   #20
emshays
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What would you have done if you retired earlier? Same as what you are doing now? Or would the extra free years have led you into something doing something else? Other career? More travel? etc/
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