Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
My job sucks but...
Old 05-09-2011, 07:56 AM   #1
Dryer sheet aficionado
 
Join Date: May 2011
Posts: 27
My job sucks but...

Hi all, my name is James and I'm 41 and in a job I can't stand. But it pays very well (think Wall Street) and I'm sucking it up for 2 more years to reach My Number and then I'm gone. I'm terrified about what happens after that though: I don't like what I currently do so see no natural extension of that into ER. Anyone been in the same position and if so, did the next phase just come naturally or did you have to make a major switch?

I love the fact that this forum exists for us to discuss; I've been a reader here for ages!

J
__________________

__________________
Jamtin34 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 05-09-2011, 07:58 AM   #2
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,117
This is a frequently discussed topic here. You might find some of these threads interesting: (FAQ archive) But... what will I do all day?
__________________

__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 05-09-2011, 08:10 AM   #3
Moderator
Walt34's Avatar
 
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 16,544
Think about where you want to be, what you want to be doing, and how to get there.

Welcome to the board!
__________________
I heard the call to do nothing. So I answered it.
Walt34 is offline   Reply With Quote
Old 05-09-2011, 08:24 AM   #4
Recycles dryer sheets
Sandhog's Avatar
 
Join Date: Mar 2011
Location: Brooklyn, NY
Posts: 197
Quote:
Originally Posted by Jamtin34 View Post
Hi all, my name is James and I'm 41 and in a job I can't stand. But it pays very well (think Wall Street) and I'm sucking it up for 2 more years to reach My Number and then I'm gone. I'm terrified about what happens after that though: I don't like what I currently do so see no natural extension of that into ER. Anyone been in the same position and if so, did the next phase just come naturally or did you have to make a major switch?

I love the fact that this forum exists for us to discuss; I've been a reader here for ages!

J
Well, J, unless you have not planned out how much you'll need in ER, you have nothing to fear. Think about not having to dread going to work by subway unless you have a chauffeured to and from work which is very small percent of the Wall Street folks. Getting to work was part of the battle and start eating broken glass for breakfast and walk on egg shells till wee hours of the evening..... See just being able to do nothing and still make a living is what ER is all about me think.
__________________
The time to take counsel of your fears is before you make an important battle decision. That’s the time to listen to every fear you can imagine! When you have collected all the facts and fears and made your decision, turn off all your fears and go ahead! – General George S. Patton
Sandhog is offline   Reply With Quote
Old 05-09-2011, 08:29 AM   #5
Recycles dryer sheets
robbridg's Avatar
 
Join Date: Sep 2010
Location: Allen Park
Posts: 118
Welcome James. I'm also in a job I'm not happy with 'but it pays great'. It's hard to suck it up every day. I won't be retiring as soon as you. But there are many things I'd like to do in ER. Think about what you enjoy and think about things you always wanted to do or try to do but never made time for them. I'm sure you can come up with many opportunities.

The more you learn about ER the less terrified you'll become. There is lots of support here. Good luck!
__________________
robbridg is offline   Reply With Quote
Old 05-09-2011, 08:52 AM   #6
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: 8,644
It sounds like you are looking at this from a glass half empty view instead of a glass half full. It you stick with it until your reach your "number" (assuming that is FI) you will be in the perfect position to embark on the rest of your life. You can do anything -- go back to school, look for your "passion," test drive alternative jobs, or do nothing at all. What you are looking at right now is angst leading to independence. What you will be looking at then is independence leading to...
__________________
Every man is, or hopes to be, an Idler. -- Samuel Johnson
donheff is offline   Reply With Quote
Old 05-09-2011, 09:04 AM   #7
Dryer sheet aficionado
 
Join Date: May 2011
Posts: 27
Thank you all for the suportive comments; To explain: I guess it's scary for me because today and right now, all I want is no Blackberry, no subway, no boss, no clients, no co-workers (you get the picture). So I can't really think about the future until I finish with the present. All I know is that in 2 years, I can afford not to work again. While that's great financially, I have to have great trust and belief that something else will come up to occupy my time. It's just hard to project into that right now...

What do I like? Reading, golf, running, drinking coffee, sleeping, watching TV. Can I make a day that 7 days a week? I plan on giving it a jolly good try!
__________________
Jamtin34 is offline   Reply With Quote
Old 05-09-2011, 09:16 AM   #8
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: 8,644
Quote:
Originally Posted by Jamtin34 View Post
What do I like? Reading, golf, running, drinking coffee, sleeping, watching TV. Can I make a day that 7 days a week? I plan on giving it a jolly good try!
Sounds like a good occupation. But if it doesn't work out like you thought what is the problem? You can still do whatever you choose without worrying about whether you can make a decent living from it. E.g., become a flight attendant to qualify for free flights. You will be too old to join the Navy Seals, or become an FBI agent but pretty much everything else is still on the table.
__________________
Every man is, or hopes to be, an Idler. -- Samuel Johnson
donheff is offline   Reply With Quote
Old 05-09-2011, 09:16 AM   #9
Recycles dryer sheets
lemming's Avatar
 
Join Date: May 2008
Posts: 415
It's nice to hear from someone on Wall Street that thinks the number in two years is going to be higher. Optimism is good.
__________________
lemming is online now   Reply With Quote
Old 05-09-2011, 09:26 AM   #10
Recycles dryer sheets
Retire2013's Avatar
 
Join Date: Aug 2009
Location: Northern Virginia
Posts: 392
What do you plan to do about health insurance when you ER?
__________________
Retire2013 is offline   Reply With Quote
Old 05-09-2011, 09:35 AM   #11
Dryer sheet aficionado
 
Join Date: May 2011
Posts: 27
Great question on health care: I have planned on being able to buy the necessary health insurance in the country I will eventually live in (not the US). I've costed out international policies through some of the big providers.
__________________
Jamtin34 is offline   Reply With Quote
Old 05-09-2011, 10:14 AM   #12
Dryer sheet wannabe
 
Join Date: Jan 2011
Location: Cypress
Posts: 12
I have come from a similar situation and have been retired now for 4 months. For myself, my attitudes and desires are rapidly evolving as I experience freedom. Initially I was certain I would want to find work in some fashion. Now that I'm in it, guarding my free time is becoming highest on my priority list.

I think it is difficult to know how your thinking will evolve until your there.
__________________
BayBum is offline   Reply With Quote
Old 05-09-2011, 10:32 AM   #13
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,617
Quote:
Originally Posted by BayBum View Post
I have come from a similar situation and have been retired now for 4 months. For myself, my attitudes and desires are rapidly evolving as I experience freedom. Initially I was certain I would want to find work in some fashion. Now that I'm in it, guarding my free time is becoming highest on my priority list.
I think it is difficult to know how your thinking will evolve until your there.
Before ER, one of the top three worries is "But what will I DO all day?!?"

After ER, everyone wonders what the heck they were worried about.
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Old 05-09-2011, 10:41 AM   #14
Thinks s/he gets paid by the post
steelyman's Avatar
 
Join Date: Feb 2011
Location: Triangle
Posts: 3,218
Quote:
Originally Posted by Nords View Post
Before ER, one of the top three worries is "But what will I DO all day?!?"

After ER, everyone wonders what the heck they were worried about.
I love this comment .

Welcome, James!
__________________
steelyman is offline   Reply With Quote
Old 05-09-2011, 12:13 PM   #15
Recycles dryer sheets
WB52's Avatar
 
Join Date: Sep 2008
Posts: 169
J,
Congratulations on your position of being just two years from FIRE. I'm in a similar position... I do not hate my job, but I do spend a lot of time thinking about how soon I will achieve my "number". I am planning on hitting FIRE next year. Two cheerful thoughts help carry me through each day:
1. I have been conservative with my FIRE amount. If things get really toxic here at Megacorp... Well I can pull the rip cord and live on a little less.
2. I have a count down calendar on my computer that I consult about three times a day in order to bring a smile to my face.

Best of luck!
__________________
WB52 is offline   Reply With Quote
Old 05-09-2011, 12:37 PM   #16
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,905
Quote:
Originally Posted by Nords View Post
Before ER, one of the top three worries is "But what will I DO all day?!?"

After ER, everyone wonders what the heck they were worried about.
+1

Before retirement I made lists of things I would really enjoy doing in retirement. I assumed that at some point I would be at a loss and could pull out the list to get ideas for something fun to do.

By now, I have been retired for 18 months and I haven't looked at the list. My life in retirement is busy and happy. I do the same things that I used to do on weekends or during vacation time (except that I don't have to spend time preparing to go back to work after my time off).
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is online now   Reply With Quote
Is this wrong?
Old 05-09-2011, 12:43 PM   #17
Dryer sheet aficionado
 
Join Date: May 2011
Posts: 27
Is this wrong?

So I also wanted to sense-check this: I have a spreadsheet with various investment returns, cost of living factors and adjustments - it ends with My Number... I run the macro once a day to calculate My Number and compare it to the Current Number. I know this is nuts because little changes throw off My Number by thousands of dollars. But it's my guilty pleasure and in a way, my countdown clock; does anyone else (besides my wife ) find this disturbing?
__________________
Jamtin34 is offline   Reply With Quote
Old 05-09-2011, 12:55 PM   #18
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,905
Quote:
Originally Posted by Jamtin34 View Post
So I also wanted to sense-check this: I have a spreadsheet with various investment returns, cost of living factors and adjustments - it ends with My Number... I run the macro once a day to calculate My Number and compare it to the Current Number. I know this is nuts because little changes throw off My Number by thousands of dollars. But it's my guilty pleasure and in a way, my countdown clock; does anyone else (besides my wife ) find this disturbing?
I did this too, every day for about a decade before my retirement. In my case, I knew when I would retire (as soon as elible for retiree medical insurance) but had a goal number that I was determined to reach before that date. So, I would check on my progress every day.

Now that I am retired, I look at my investments and bank account every day, and compute my net worth, budget, and spending. I know to the penny how much I have left over once I compare my spending so far this year, to what I had projected to spend. I know exactly what to expect when I claim SS too (or how I will cope if SS falls apart on me), and how RMD's will change my income once I get to that age.

Seems like harmless fun to me.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is online now   Reply With Quote
Old 05-09-2011, 01:05 PM   #19
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: 8,644
Quote:
Originally Posted by Jamtin34 View Post
So I also wanted to sense-check this: I have a spreadsheet with various investment returns, cost of living factors and adjustments - it ends with My Number... I run the macro once a day to calculate My Number and compare it to the Current Number. I know this is nuts because little changes throw off My Number by thousands of dollars. But it's my guilty pleasure and in a way, my countdown clock; does anyone else (besides my wife ) find this disturbing?
Lots of us do this.

Before ER it is to see when we will be able to retire.
After retirement it is to assure ourselves that we can stay retired.

Whichever spouse is not doing the counting finds it disturbing.
__________________
Every man is, or hopes to be, an Idler. -- Samuel Johnson
donheff is offline   Reply With Quote
Old 05-09-2011, 02:02 PM   #20
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2003
Location: Kansas City
Posts: 7,409
Jan 1993, age 49.

Doing nothing in particular goes way to fast. If I were silly enough to have rushed around doing 'stuff' on my original list back then I might have missed taking time to enjoy the bliss of not working.

heh heh heh -
__________________

__________________
unclemick 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


Similar Threads
Thread Thread Starter Forum Replies Last Post
Why I think RVing Sucks. e86s54 Life after FIRE 450 07-16-2010 12:45 PM
Sometime life just sucks! whitestick Health and Early Retirement 107 02-01-2009 09:58 AM
In zero G, it sucks when your toilet doesn't REWahoo Other topics 13 05-28-2008 02:39 PM
Retirement Sucks! (Wink!) SteveR Life after FIRE 18 06-07-2007 12:25 PM
The It-Sucks-To-Be-Me Generation Jay_Gatsby Young Dreamers 92 01-27-2006 08:25 AM

 

 
All times are GMT -6. The time now is 07:59 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.