Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
What I want most
Old 06-08-2016, 06:22 PM   #1
Dryer sheet aficionado
 
Join Date: Jul 2014
Location: West Wendover
Posts: 49
What I want most

I thought for the longest time that I wanted to retire early. I recently had a conversation with a friend and it dawned on me that I really don't care to retire. What want most is to be ABLE to not work. I want to work solely because it's what I want to do, and not what I HAVE to do. At this point in my life/career, I'm pumping 37% of my income into retirement and other accounts. I hope to only work cause I want to, or not, at age 50...2027. Is this what you want too?


I better not die right after retiring! I've saved for years to be able to enjoy the money and time. (This is one of my fears)
__________________

__________________
Brianeboatman 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 06-08-2016, 06:48 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 7,379
If I had a job I truly loved I would have worked until the day I died. The only real job I wanted to do was be a professional baseball player or golfer.... And my applications were always rejected.


Sent from my iPad using Tapatalk
__________________

__________________
Mulligan is offline   Reply With Quote
Old 06-08-2016, 06:55 PM   #3
Recycles dryer sheets
 
Join Date: Jun 2013
Location: N/A
Posts: 55
I agree wholeheartedly that the goal is to be FI so you can choose to work as much or as little as you want. That's where I am. Right now, I am working part-time at my pace and to my desires. I could quit and never look back, but as long as I enjoy it and it does not interfere with my other personal endeavors, then why not. Never hurts to pad the nest egg a little more. I view it as a staging down process. I am in the downwind leg to full retirement. I can turn and make my final approach at any time.

Lastly, my guess is you are in your late 30's. Stick to your plan, odds are in your favor you will live well beyond your 50's and get to enjoy your FI in whatever way makes you content and happy.

Good Luck
__________________
Balance is offline   Reply With Quote
Old 06-08-2016, 06:56 PM   #4
Thinks s/he gets paid by the post
RobbieB's Avatar
 
Join Date: Mar 2016
Location: Central CA
Posts: 2,491
Seldom have I hated my job. Once I did and I called up my head hunter and said "get me outta here"

But a job is still a job. Someone pays you to do what they want you to do. I really only want to do what I want to do.
__________________
Retired at 59 in 2014. Should have done it sooner but I worried too much.
RobbieB is offline   Reply With Quote
Old 06-08-2016, 06:57 PM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
travelover's Avatar
 
Join Date: Mar 2007
Posts: 9,889
Nothing wrong with being FI but not RE, but at least you have a choice. What sucks is having to work a job you have come to hate.
__________________
Yes, I have achieved work / life balance.
travelover is offline   Reply With Quote
Old 06-08-2016, 08:39 PM   #6
Full time employment: Posting here.
 
Join Date: Jan 2005
Location: northern Michigan
Posts: 732
Quote:
Originally Posted by RobbieB View Post

But a job is still a job. Someone pays you to do what they want you to do. I really only want to do what I want to do.
+1. If you really love your job and can't imagine spending your time doing anything else that would make you happier, then by all means, you should keep working. For many of us, however (including me) it became pretty clear that I wanted to have control over how I spend my time, and continuing to go to work every day was not the best use of my time after I became F.I. (even though my job was not horrible, and probably better than a lot of jobs). You only have so much time on this earth; make sure you use it wisely.
__________________
RAE is offline   Reply With Quote
Old 06-08-2016, 09:08 PM   #7
Recycles dryer sheets
 
Join Date: Feb 2013
Location: San Jose
Posts: 173
I can relate, right after finishing school I hired into a job that was a poor fit for my personality, so I decided an early out was all I wanted. A high savings rate and good (lucky) returns from the 1990s bull market brought me to my FI target just before I turned 40. But strangely enough right around that time my job was moving in a direction that suited me better, or maybe I was just getting used to it. So the RE part went on the back burner.

After another decade my job had gotten even better. I started working in an obscure niche years ago that many around me saw as a headache but I found to be interesting and fun (it's basically a form of puzzle solving). I figured my retirement was already bought and paid for, so I didn't care that my chosen field wasn't on a promotion or raise track, work-wise feeling good was good enough for me. Fast forward to today and that little niche is now a hot topic under the 'data mining' umbrella.

A few years ago I applied for a buyout offer, it was denied, but I retired anyway. That lasted all of three weeks before I ran out of ideas about how to occupy my free time, and management offered an inducement for me to return. I got the relocation I wanted, plus total control over schedule and work content, mainly because we're seriously short staffed in my area of expertise. So far I'm thrilled with this new arrangement.

I know to enjoy it while it lasts because it won't. My area will go out of fashion and I won't be re-inventing myself to appeal to a new world order, instead that'll be the right time for me to bow out. No regrets at all about my wasted sprint to FI, sure I could have spent quite a bit more in my youth, but I'm extremely grateful now to not need a paycheck as a 50+ hardware engineer. So go ahead, give your future self a "you're welcome".
__________________
dunkelblau is offline   Reply With Quote
Old 06-08-2016, 09:09 PM   #8
Thinks s/he gets paid by the post
Senator's Avatar
 
Join Date: Feb 2014
Location: Eagan, MN
Posts: 3,053
Quote:
Originally Posted by Brianeboatman View Post
I better not die right after retiring! I've saved for years to be able to enjoy the money and time. (This is one of my fears)
Exactly. I like my job too, but it is work. It is not something I will be doing on weekends, just for fun.

Once you are FI, the job really seems like work.
__________________
FIRE no later than 7/5/2016 at 56 (done), securing '16 401K match (done), getting '15 401K match (done), LTI Bonus (done), Perf bonus (done), maxing out 401K (done), picking up 1,000 hours to get another year of pension (done), July 1st benefits (vacation day, healthcare) (done), July 4th holiday. 0 days left. (done) OFFICIALLY RETIRED 7/5/2016!!
Senator is online now   Reply With Quote
Old 06-08-2016, 09:26 PM   #9
Recycles dryer sheets
 
Join Date: Apr 2016
Posts: 192
Not too long ago, I had an opportunity to take a really interesting job (at least I think it would be really interesting), but it would have come with an 80% + pay cut. I turned it down. I often think about whether I made the right decision, or not. I'm not sure I did....
__________________
medved is offline   Reply With Quote
Old 06-08-2016, 11:41 PM   #10
Thinks s/he gets paid by the post
Sunset's Avatar
 
Join Date: Jul 2014
Location: Chicago
Posts: 4,729
Quote:
Originally Posted by RobbieB View Post
...
But a job is still a job. Someone pays you to do what they want you to do. I really only want to do what I want to do.
I had a job, boss told me what to do.
Then I was self employed and customers told me what to do .
Now I'm retired and DW tells me what to do.
__________________
Sunset is offline   Reply With Quote
Old 06-08-2016, 11:52 PM   #11
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Apr 2013
Posts: 5,580
I loved what I did for many years. Then things changed. Some were my changing priorities some Megacorp's direction. In the end things worked out just how they're supposed to. Your views may change, or not, it's all good.

This is the best deal I've ever had, better than delivering auto parts out in BFE when I was a kid. Besides this is only job I ever had where I can sleep with the boss.
__________________
MRG is offline   Reply With Quote
Old 06-08-2016, 11:55 PM   #12
Recycles dryer sheets
 
Join Date: Aug 2013
Location: Cocoa Beach
Posts: 406
From the day I started working until today I have wanted to retire!
Some jobs/careers have been better than others but I have always wanted to retire.
I have only 9 months left for it to become reality.
At this point I wouldn't stay a day longer than I have to, no matter what they offered me.
My wife feels the same except she would quit today if I said we could.
__________________
Lucantes is offline   Reply With Quote
Old 06-09-2016, 01:29 AM   #13
Recycles dryer sheets
 
Join Date: Sep 2011
Location: Placerville
Posts: 295
Here's the litmus test;
If you are FI and would stay at your job without pay, for free, then stay working. If, however, you wouldn't stay for free, then there's something else you would rather do for free. That's retirement.
Of course, there are those who are FI and want to stay at their job but only if paid. Doesn't make sense to me, but a lot of folks do it. Many folks are concerned they won't keep active in retirement. I don't know how to answer that other than I've been busy, as busy as I want to be anyways, every single day I've been retired. Not once have I been stumped with what to do and wishing I was back at my old job.
__________________
skipro33 is offline   Reply With Quote
Old 06-09-2016, 09:47 PM   #14
Full time employment: Posting here.
Markola's Avatar
 
Join Date: Nov 2013
Posts: 545
Quote:
Originally Posted by RobbieB View Post
Seldom have I hated my job. Once I did and I called up my head hunter and said "get me outta here"

But a job is still a job. Someone pays you to do what they want you to do. I really only want to do what I want to do.

+1. My headhunter saved me from a lousy manager recently. Now I'm in a much better situation and am thinking, meh, a few more years so we can incubate the best egg more.
I'm entering my 50s and so many of my friends are suddenly tired of careers and say they want a change. I think I'm the only one among us squeezing the buffalos off the old nickels so I can actually do it in my mid 50s though🤑
__________________
Markola is offline   Reply With Quote
Old 06-10-2016, 12:15 AM   #15
Confused about dryer sheets
 
Join Date: Jun 2016
Location: Kaneohe
Posts: 5
As an engineer, I was always able to find a job, but finally got tired of moving from state to state. So, 30 years ago, my wife & I started our own consulting company &, since then, I don't feel that I've worked a single day! It's a real pain to start your own company, but if you have marketable skills, go for it!

We were able to move our HQ to Hawaii 25 years ago, & although it's hellishly expensive out here, we have no regrets. Wonderful weather, friendly people, & half-way to the places we like to visit (Japan, Australia, New Zealand, etc.).

So sit back, & see if you can figure out a way to do your own thing, rather than working for somebody else!

Ken
__________________
catii is offline   Reply With Quote
Old 06-10-2016, 07:03 AM   #16
Thinks s/he gets paid by the post
DFW_M5's Avatar
 
Join Date: Sep 2003
Posts: 4,982
Quote:
Originally Posted by Mulligan View Post
The only real job I wanted to do was be a professional baseball player or golfer.... And my applications were always rejected.


Sent from my iPad using Tapatalk
Me too, although I never had the self-confidence to submit an application
__________________
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 06-10-2016, 07:13 AM   #17
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Dawg52's Avatar
 
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 7,438
If I had been lucky enough to have a job I enjoyed, I wouldn't have retired early. That wasn't the case.
__________________
Retired 3/31/2007@52
Full time wuss.......
Dawg52 is offline   Reply With Quote
Old 06-10-2016, 11:20 AM   #18
Recycles dryer sheets
 
Join Date: Aug 2015
Posts: 340
I did HVAC/Refrigeration job for 34 years until due to health issues I had to quit. A job I wanted / liked to do did not materialized. At 55+ there are very slim chance at new carrier.
__________________
VFK57 is offline   Reply With Quote
Old 06-10-2016, 03:34 PM   #19
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 7,379
Quote:
Originally Posted by DFW_M5 View Post
Me too, although I never had the self-confidence to submit an application


I grew up in a small town rural area and played against competition of like size in my youth. I was a very good athlete. It took playing college sports to realize "wow there may be millions of people better than me". Suddenly "hitting the books" became a priority. Total bummer....


Sent from my iPad using Tapatalk
__________________
Mulligan is offline   Reply With Quote
Old 06-10-2016, 06:30 PM   #20
Thinks s/he gets paid by the post
 
Join Date: Mar 2015
Location: Winnipeg
Posts: 1,310
Quote:
Originally Posted by Mulligan View Post
If I had a job I truly loved I would have worked until the day I died. The only real job I wanted to do was be a professional baseball player or golfer.... And my applications were always rejected.
I wanted to be a professional golfer or a rock star.

5 years ago I took some bass lessons from a local player with loads of talent...far more than I could ever have hoped to have. He was one of the top players in the area, but to make ends meet he gave lessons in his basement, and had to juggle lessons with gigging...often getting calls a 9:30 at night in -30 weather to drive across town to sub at a gig for 3 hours to earn $100.

That's when I actually became thankful that I wasn't good/talented enough to be a professional. I ended up with a govt. job with great benefits and have now retired from the cube farm with a good pension and play music for my enjoyment...not to pay the bills. I still see him at the local watering holes taking whatever gig he can get. I play the local watering holes when I feel like it.

My cousin was invited to the New York Rangers training camp but was a late cut. He followed his dreams and played semi-pro hockey for 15 years, and was then lucky enough to get on at the fire department. He's doing okay now, but he can give you a list a mile long of guys whose career ended when they were in their early to mid 30's and now work at less than ideal jobs.

For the lucky few that make it in their dream job and become millionaire rock stars or NHL players, it's a great life. For the other 99% that almost make it, but don't, they end up picking up gigs for peanuts and giving lessons in their basement, or slogging away in the minor leagues. It's a tough life with few financial rewards.
__________________

__________________
Music Lover is online now   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
Is it really early retirement that we most want or do we want the absence of ... Markola Young Dreamers 60 06-06-2016 10:06 PM
HI....Want to ER but Want a Good Lifestyle TOO! nicolette Hi, I am... 10 08-25-2008 02:40 AM
Most & Least Corrupt States G_Mack Other topics 6 09-16-2004 12:49 PM
Is There Anything That Most Agree On? Tommy_Dolitte Young Dreamers 15 07-24-2004 01:39 PM

 

 
All times are GMT -6. The time now is 08:19 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.