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Before I pull the trigger..... need a push from you guys
Old 09-15-2018, 08:06 AM   #1
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Before I pull the trigger..... need a push from you guys

The goal was 2021 at the point I became active on this forum ... but due to a few reasons, I am ready / am able to pull the trigger next year (24 months earlier). I am honestly burnt out with work:

- I don’t want to wake up at 1, 2,4 am every night thinking of the things I need to do and complete the following day.
- I want to travel and not feel like I have to rush because I only have 10 days of vacation time.
- I want to savor life (more) and not having regrets of not knocking items off my bucket list before age catches up.
- I’m tired of being tired in the evenings with no time for a meaningful hobby.

FIRECalc puts me at 100% well beyond my life expectancy
Just doing a spreadsheet with CDs and pension/social security, 401K later in life I’m safe.

I need that slap in the face
I need that push over that diving board
I need to hear stories from you guys.

For those (happy or unhappy) that are a few years into FIRE, let me know how stupid/wise I am for getting cold feet. Brag to me what I am missing, or tell me that RE is over rated. I’ll be 50 if I decide to FIRE next year.
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2020 or bust!
Or
Perhaps 2021...2022...NVM
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Old 09-15-2018, 08:10 AM   #2
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Consider yourself pushed!
Really, only you can decide.
If your spreadsheets/calculators tell you that you are financially OK, and your emotions are telling you that you are done with work and ready to leave, what is stopping you from taking that step?
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Old 09-15-2018, 08:11 AM   #3
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Post your numbers. That's the only way most people would be willing to tell you what they would do in your shoes.
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Old 09-15-2018, 08:18 AM   #4
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Quote:
Originally Posted by pacergal View Post
Consider yourself pushed!
Really, only you can decide.
If your spreadsheets/calculators tell you that you are financially OK, and your emotions are telling you that you are done with work and ready to leave, what is stopping you from taking that step?
Oh I forgot to discuss that part. Itís just the psychological aspect of change and not having a support group to discuss that with. Obviously nobody at work... when I take time to really think about the change ahead (this morning) . I got butterflies in my tummy (like my first date years ago or the first day in school). Itís been a long time since Iíve had this feeling.
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Old 09-15-2018, 08:26 AM   #5
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Change is hard. It is unsettling to make such a big change, particularly if there is no going back. You just need to believe.... believe in the force, Lukeee.
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Old 09-15-2018, 08:32 AM   #6
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Changes in behavior are difficult when one does not have a trusted mentor to give the "Ok, Atta boy" to. It seems that you feel confident that your numbers are sufficient and you are seeking this Board to be your mentor. That's reasonable. Ok - Go !

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Old 09-15-2018, 08:33 AM   #7
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Here is one of my favorite cartoons that I picked up on this site. I find it meaningful. You might also.
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File Type: gif Time > money.gif (60.0 KB, 279 views)
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Old 09-15-2018, 09:19 AM   #8
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Quote:
Originally Posted by Lukeee View Post
I am honestly burnt out with work:

- I donít want to wake up at 1, 2,4 am every night thinking of the things I need to do and complete the following day.
- I want to travel and not feel like I have to rush because I only have 10 days of vacation time.
- I want to savor life (more) and not having regrets of not knocking items off my bucket list before age catches up.
- Iím tired of being tired in the evenings with no time for a meaningful hobby.

For those (happy or unhappy) that are a few years into FIRE, let me know how stupid/wise I am for getting cold feet. Brag to me what I am missing, or tell me that RE is over rated. Iíll be 50 if I decide to FIRE next year.
Lukeee,

I retired 3 years ago at 55 with a similar mindset.

Burn out - check
Insomnia/work stress - check
Way too little time for my interests - check (and double check)
Financially secure - check

Result: Very happy I checked out. With an additional 70 hrs/week to do as I see fit, there's more time for living.

NL
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Old 09-15-2018, 09:29 AM   #9
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You are going to die and under constant stress, die sooner. Don't be like my friend who vowed to work until 65 so he would have a nice full pension, but found he had metastasized cancer at 64 and was gone in a few months. He never spend a day enjoying retirement.
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Old 09-15-2018, 10:30 AM   #10
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Just do it! What benefit do you derive from staying? You do not need the money. I was 63 and never thought I would retire that young, until I joined this forum. One day I woke up and KNEW that it was the right answer for me. It has been one of the best decisions I have ever made. No worrying about work, clients, or getting sued. I am having a blast! Traveling, making new friends, working on new art projects, bought a boat, have seen kids and grandkids more. Good luck!
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Old 09-15-2018, 10:37 AM   #11
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Lukeee,
We are retired almost 14 months. It is the most wonderful feeling in the world. Some days we forget what day of the week it is.
I had a successful career, but don't miss a thing and don't bother with anything or anyone from my former work life.
Since your numbers are good, pull the trigger.
Read the Travelover post again. You never know even if you are healthy now.
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Old 09-15-2018, 11:00 AM   #12
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I retired at the end of last month. I too was tired of waking up thinking of nitnoy stuff I forgot to do at work the day before, being exhausted all the time, not having enough time to enjoy weekends because of "chores", blah, blah, blah...

Every retirement calculator and our fee-only advisor told us ~4 years ago that we were ready, and I just couldn't pull the trigger. DH became Medicare eligible this summer so I jumped ship in August. Health care was one of my biggest concerns, and now we only have to hope my employer doesn't cancel my semi-expensive retiree medical insurance.

Two weeks in, and I'm off a nasty medication I was taking to help me sleep, I'm loving going to the grocery store, or car wash, or even picking up dog poo in the middle of the day. I feel like a new woman. Not sure if my mood will continue on this trajectory, but DH is certainly hoping it will. I'm just enjoying life and decompressing at my own pace. Picking up dog poo > w*rk.


I highly recommend it. This place is basically my support group as far as ER goes. Hard to discuss with those who don't get it.

Keep us posted on what you decide, and good luck!
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Old 09-15-2018, 11:26 AM   #13
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DO IT!!!! You have to do it!!! You have more than enough stashed so take the plunge. I dont regret retiring early at all. Going into my sixth year of retirement and have not hit 50 yet. I love it. You never get this time back. DO IT!!!!
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Old 09-15-2018, 11:36 AM   #14
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"Before I pull the trigger..... need a push from you guys"

Dunno about pushing anybody.

Didn't we all read the news recently about a girl who was hesitant about jumping off a bridge, and was pushed off the railing? She got hurt in the fall. The one shoving her was arrested.
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Old 09-15-2018, 11:54 AM   #15
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Ok here goes ... you can die tomorrow or next week or next month, so hand in your resignation now and retire. Dont be a slave until you die. Set yourself Free now ... Time is more valuable than Money. You cannot take your millions if you die next week from stress. Do it.
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Old 09-15-2018, 12:06 PM   #16
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Look at it this way, if you quit at 50 (or tomorrow) and for some reason after 6-12 months you are still uncomfortable you can always go back into the workforce. Easy to explain to potential employers that you took a break to recharge. Or take a part time job at Walmart to fill a financial gap. My point is that at your age, itís not an irreversible decision. btw, I was 50, DH 47, and a 12 yo kid, no hesitation, no regrets.
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Old 09-15-2018, 12:23 PM   #17
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Quote:
Originally Posted by Lukeee View Post
I need that slap in the face
I need that push over that diving board
I need to hear stories from you guys.
Consider it done ✅

I RE at 51. I wasnít sure what I was going to do in ER but I knew for sure what I DIDNíT want to do (work). Itís been about 6mo since pulling the plug and so far so good. Iím mainly working on health issues right now and Iím seeing improvement so, itís been a successs in this short period of time.

Work to live, donít live to work. If the numbers work and you want to pull the plug by all means do it!

Good luck
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Old 09-15-2018, 12:32 PM   #18
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I need that slap in the face
I need that push over that diving board
I need to hear stories from you guys.



You want encouragement? My oldest brother was afraid to retire so he said "wait to 70". He came home early one day to watch the SEC title game and collapsed dead in the garage at 65. My other brother wanted to work 2 more years to qualify for a pension. He had a stroke and died last year at 65 and never got the pension. I signed him up for SS and he got 2 checks before he passed away and SS took back the last one. Me, I studied the odds and walked away from a very lucrative C suite role because I didn't want to miss any more in life. And.....as I type this I just got back from running 5 miles. Only you really know your circumstances so follow your gut.
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Old 09-15-2018, 01:31 PM   #19
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Originally Posted by SumDay View Post

Two weeks in, and I'm off a nasty medication I was taking to help me sleep, I'm loving going to the grocery store, or car wash, or even picking up dog poo in the middle of the day. I feel like a new woman. Not sure if my mood will continue on this trajectory, but DH is certainly hoping it will. I'm just enjoying life and decompressing at my own pace. Picking up dog poo > w*rk.
So happy for you SumDay! I your sentiments. I am enjoying life too, including every type of housework, all > work. Still on some w*rk mailing lists, got a new set of instructions on how to submit certain paperwork, up to 16 pages, from a paragraph when I started. I mentally threw it out the window.
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Old 09-15-2018, 02:20 PM   #20
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Like others have said, it has to be your decision, but we REíd almost 2 years ago and have had a blast so far. More time with family and close friends who are also retired, more time to travel, and more time to do community benefit work that is meaningful to us. No commute, no office politics, no being around others you wouldnít choose to see if not for w*rk. They do call it work for a reason!
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