Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 05-12-2013, 08:17 PM   #21
Recycles dryer sheets
Join Date: Sep 2002
Posts: 78
Originally Posted by Katsmeow View Post
I think I may be more ready than I thought I was. I read the above sentence and literally winced. It is hard for me to imagine tolerating it for very much longer, let alone 6 months.
That tells you a lot. I know the feeling, though -- it's harder to walk away when the money is really good. But yeah, you're ready.

ChocoKitty 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 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 05-13-2013, 07:32 PM   #22
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
Join Date: May 2009
Posts: 6,633
Kat, we are on the same path. I have been semi retired three years, and am packing it in for good this month. I also worked 15 hours a week but not nearly the salary ($30,000). I learned the cruel math of a part time job salary stacked on top of a nice pension. After all taxes, gasoline, loss of state tax exemption because salary put me over the income limit, and moving to higher tax bracket, I am making somewhere between 33-35 cents on the dollar. Not worth it, so I am packing it in!

Mulligan is offline   Reply With Quote
Old 05-13-2013, 11:36 PM   #23
Thinks s/he gets paid by the post
Katsmeow's Avatar
Join Date: Jul 2009
Posts: 3,131
It is sort of funny how it can work so well for so long and then just reach a tipping point and not be worth it any more. I still do well with it financially (I have no pension), but there comes a point where the money by itself isn't enough.

I felt like last week I was explaining that to everyone.

I told a couple of relatives (in their 80s) that I was thinking about quitting entirely soon. One was concerned about me quitting before Medicare availability and I was able to explain DH has retiree coverage. Then the other was my mother and she just has trouble wrapping her head about the idea of retiring before full SS retirement age. She commented not long ago that I wasn't of the age to retire yet.

Then a couple of days after that my 19 year old son asked me how much I made at my final salary before I semi-retired. I told him and he was totally shocked. He commented that if I only continued working for full time for X years then I would have X dollars. And, of course, he is right.

People just seem to have trouble with the concept of having enough and then stopping at that point even though you could perhaps have a lot more if you worked for longer.

What I ended up telling my son is that you can almost always get more money or spend less money, but you can't ever get more time....
Katsmeow is offline   Reply With Quote
Old 05-14-2013, 04:47 AM   #24
Full time employment: Posting here.
Join Date: Jan 2008
Posts: 542
Great thread Cat. I'm leaving a very lucrative job that I love because I hit that tipping point and we want to relocate to a place we love. I don't think people quite understand retiring so young and I'm sure there is financial risk in the decision. But bottom line is people adjust to their financial situation quite easily.

You'll do great in ER and from the tea leafs I'm is time!

NanoSour is offline   Reply With Quote

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 09:20 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.