Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 12-23-2014, 09:52 AM   #21
Full time employment: Posting here.
Dog's Avatar
 
Join Date: Apr 2006
Posts: 781
Welcome T-Minus. I was in a similar situation as you. Work was my primary focus and where I felt most fulfilled. At some point it clicked for me that there is more to life. I started to reflect on what I use to enjoy doing in my youth and found groups and clubs to join (cycling, hiking, kayaking, etc.). I could only participate on weekends and for a while that was good enough. After a couple of years I realized I would rather be participating in my hobbies than be at work - a nice change. Thankfully, DH and I had been focused on preparing for retirement over the years and we were pretty much financially there. The past few years I focused on finalizing details to leave with DH in mid2016. However, my Mother's health was failing and I decided to pull the plug this summer to spend more time helping Mom. Thankful I did as she passed shortly after.
I guess what I'm trying to say is - start to find your way back to your old passions and hobbies - there is so much more than work to life. It may help you determine when is the right time to leave the work world. Good luck!
__________________

__________________
"Tell me, what is it you plan to do with your one wild and precious life?" - Mary Oliver
Dog 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 12-23-2014, 04:45 PM   #22
Moderator
Walt34's Avatar
 
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 16,511
Quote:
Originally Posted by pb4uski View Post
One of the most eye-opening things about retiring is how content I can be doing not much of anything.
Exactly. I had to learn to do that but I'm getting pretty good at it. Other than going to the gym I haven't done a thing all day that society would deem worthwhile. And the gym has a big question mark.
__________________

__________________
I heard the call to do nothing. So I answered it.
Walt34 is offline   Reply With Quote
Old 12-24-2014, 08:05 AM   #23
Recycles dryer sheets
T-Minus's Avatar
 
Join Date: Dec 2014
Location: Bend
Posts: 111
Following up on my earlier concerns about financial modeling tool accuracy, my wife and I met with Schwab financial planner yesterday as a sanity check (other tools I've run tell me I'm in fairly good shape). We should have some results and a follow-up meeting before EOY. If this tool gives me the green light, then the only thing keeping me at work is the fact that I still find it both interesting and rewarding.

Regarding hobbies, I've purchased strings and have re-strung my guitars (still in great shape), and am working on re-acquiring finger calluses (takes a while). I can't believe my fingers won't even play a simple scale anymore, but hey, that's what I get for taking 15-20 years off. Next step, find my show shoes and dig out my Kindle reader.

But, about this:

Quote:
Originally Posted by razztazz View Post
Reminds me of what Dean Martin's second wife said about him.:

Nobody does "nothing" better than than Dean.
I *LOVE* it. I think I've found a new motto. Thanks.
__________________
T-Minus is offline   Reply With Quote
Old 12-26-2014, 02:23 PM   #24
Thinks s/he gets paid by the post
Live And Learn's Avatar
 
Join Date: Feb 2012
Location: Tampa Bay Area
Posts: 1,689
Quote:
Originally Posted by T-Minus View Post
Regarding hobbies, I've purchased strings and have re-strung my guitars (still in great shape), and am working on re-acquiring finger calluses (takes a while). I can't believe my fingers won't even play a simple scale anymore, but hey, that's what I get for taking 15-20 years off. Next step, find my show shoes and dig out my Kindle reader.
Excellent news ! Enjoy
__________________
"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 12-26-2014, 02:45 PM   #25
Thinks s/he gets paid by the post
grasshopper's Avatar
 
Join Date: Oct 2010
Posts: 1,669
A different kind of retirement for myself and Ms G. It got so that my j*b was getting in the way of my recreational life. Tracking Desert Tortoises on Friday with AZG&F, Docent at the Desert Botanical Gardens on Saturday, volunteering as a Master Gardener in different places. I was just worn out, I had to give up something. FI at about 53 retired in 2006 at 54, now living between Paradise and Rodeo, with 4 dogs, 2 cats, 4 guinea hens, and 2 tortoises.
__________________
For me experiences are not good or bad, just different
grasshopper is offline   Reply With Quote
Old 12-26-2014, 03:11 PM   #26
Recycles dryer sheets
Focus's Avatar
 
Join Date: Oct 2009
Posts: 471
Quote:
Originally Posted by T-Minus View Post
You see, I've run just about every tool available out there, and spent literally hundreds of hours pouring over the results. ....

But that doesn't answer the next question: "If I retire, what will I do next?" ...

So, for the next 2-5 years before I actually retire, I've set a personal goal to re-introduce more work-life balance in my life and become active again in some of my previous hobbies.
Congrats. Sounds like you're well positioned for your eventual ER.

I'm about 4 months into ER, and (for what it's worth) these are my observations related to the segments I've quoted above:

I also ran the calculators again and again. To my surprise, after I retired, I stopped doing this. Once you roll the dice, it's a matter of seeing how it plays out. It helps that I've come to realize that I can live on even less than I originally estimated, barring unexpected major costs.

"What will I do next?" is the big question. Since you'll only be in your mid-50s when you retire, you'll face a societal expectation to do something that's judged to be "productive," which can be defined in myriad ways. Some here will question whether you should even worry about that. You've earned the right to do what you want to do.

Here's what may be a surprise: Whatever hobbies you pursue now may not survive ER. Sometimes we pursue outside interests while we're working that serve specifically as a counterbalance to the stresses of work. Once the work is gone, those interests quickly lose their attraction. Something to consider...
__________________
-
"Wealth consists not in having great possessions, but in having few wants."
--Epictetus
Focus is offline   Reply With Quote
Old 12-27-2014, 05:47 PM   #27
Recycles dryer sheets
 
Join Date: Jun 2014
Posts: 406
Quote:
Originally Posted by T-Minus View Post
Following up on my earlier concerns about financial modeling tool accuracy, my wife and I met with Schwab financial planner yesterday as a sanity check (other tools I've run tell me I'm in fairly good shape). We should have some results and a follow-up meeting before EOY. If this tool gives me the green light, then the only thing keeping me at work is the fact that I still find it both interesting and rewarding.

Regarding hobbies, I've purchased strings and have re-strung my guitars (still in great shape), and am working on re-acquiring finger calluses (takes a while). I can't believe my fingers won't even play a simple scale anymore, but hey, that's what I get for taking 15-20 years off. Next step, find my show shoes and dig out my Kindle reader.

But, about this:



I *LOVE* it. I think I've found a new motto. Thanks.
Hey a fellow guitarist. I'm going to be telling people that I am quitting to become a musician full time (albeit a bad one ). I know I can spend 1-3hrs a day just playing guitar so that's going to be a big part of my ER.

Like you I've run the calculators run countless "bad" scenarios and am convinced that I am good to go. I'll be gone by July and only because I need to get some things done and would rather do those on the company plan (dental/health) than my own. I also discussed it with a FP (Which are sometimes looked down upon around these parts but if it is someone you trust has your interests and not your money in mind) which helped solidify things for my wife more than me (I don't think she entirely trusted me but his numbers were less conservative than mine so that sealed the deal).

Good luck, one thing to remember about OMY, none of us get a choice of how long we have. For me it makes no sense to get a few more $$ at the potential expense of less time. Time is the precious thing...the rest tends to work itself out. My Mom died unexpectedly at 68...thankfully she did take an early retirement otherwise she might have only had 1 or 2 years before things got bad. She was completely health before and her parents both lived into their mid90's. Ya never know when you'll be checking out
__________________
If money is the root of all evil I want to be a bad man
nuke_diver is offline   Reply With Quote
New Member: ER Musings and Analysis Paralysis
Old 12-28-2014, 02:27 PM   #28
gone traveling
 
Join Date: Oct 2007
Posts: 1,135
New Member: ER Musings and Analysis Paralysis

Where there is a will (and a reasonable financial plan) there is a way. Life can come at you in strange and evil ways that no spreadsheet or financial plan can model. : Life is good. Just do it !
__________________
papadad111 is offline   Reply With Quote
Old 12-28-2014, 07:45 PM   #29
Recycles dryer sheets
Rothman's Avatar
 
Join Date: Apr 2013
Posts: 249
First T-minus a big congratulations on your achievement. My last few years of work and the market have me also in a less stressful position so I know the feeling you mention. Like you I also enjoy the current job and am starting to think about a way to go part time after reading that suggestion here often. That may give you a chance to increase your off work activities and see if you're happy to increase the leisure time.


Sent from my iPad using Early Retirement Forum
__________________

__________________
Rothman 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
True paralysis analysis hotwired FIRE and Money 16 08-10-2012 08:49 PM
Analysis paralysis tryan FIRE and Money 0 10-06-2006 07:36 AM
Fred's musings seem partiularly apropos brewer12345 Young Dreamers 42 04-25-2006 08:08 PM
Vanguard Retirement Analysis vs. 4% withdrawal analysis familyretired FIRE and Money 3 08-26-2005 03:33 AM
Memorial Day musings from someone I served with.. dory36 Other topics 2 05-30-2005 09:48 AM

 

 
All times are GMT -6. The time now is 05:12 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.