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Old 10-15-2015, 09:58 PM   #41
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Originally Posted by smurray5991 View Post
The driving motivation for me is absolutely and 100% the money! It has allowed me to be much more indulgent about spending than I normally would be, especially on travel -- both based on reality, i.e., what would be a conservative SWR, but also psychologically since I know I would be way too cheap to splurge even though I could (so basically I haven't had to psychologically transition to living strictly without work income yet...).
My motivation isn't 100% money, but it's maybe 50%. Like you said, it allows you to relax a lot more about spending. I think that if I retired fully, I'd get cheap and tight-waddish with my money, even though realistically I don't have to. Having income flowing in means no worries and room for splurges. I'd be financially okay with not working at all, so anything I earn part-time is just extra cushion. Going part-time gives me a sense of peace, allows for a splurge if I want one, and it relieves me of the tightwaddishness or worry that might accompany full retirement.

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Old 10-16-2015, 06:47 AM   #42
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I'm finding that, after years of long hours, much travel, and climbing the career ladder, just scaling back in preparation for retirement seems like semi-retirement. Working from home gives me a lot of flexibility during the day. Being able to focus on projects that are more the "hobby" aspect of my job, along with not caring about promotions, raises, or recognition, and mentoring to provide guidance so that other can learn how to "do" is working out for me to be a nice path for easing towards retirement.

Current target FIRE date: June 2017 or +50K to the portfolio, whichever comes first
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Old 10-16-2015, 06:53 AM   #43
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Continuing to manage and maintain my 24 rentals will be my part-time retirement. And the HOA president job I keep getting elected for. And the HOA property manager. And keeping my Real Estate license to sell homes to my tenants that leave when buying a home.

I did already give up snow plowing and my lawn service business. Only the full-time gig left to part with.

Other than that, I am just going to lay around.
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!!
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Old 10-16-2015, 09:29 AM   #44
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Work can mean making youtube videos in your backyard or earning royalties on stock photography. One of my friends is a wine consultant to people who have so much money they can afford to hire wine consultants. It doesn't have to mean a megacorp job with a crazy boss and backstabbing co-workers.
Even clouds seem bright and breezy, 'Cause the livin' is free and easy, See the rat race in a new way, Like you're wakin' up to a new day (Dr. Tarr and Professor Fether lyrics, Alan Parsons Project, based on an EA Poe story)
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Old 10-16-2015, 09:50 AM   #45
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Originally Posted by FlyBoy5 View Post
SO...I decided to go to law school. It's a crazy thing, I know...but it's something that has been a pseudo goal of mine since about 1996 and since I really have nothing else going on, I decided to see what it's all about. As expected, I am pretty busy with it...but it's a good busy. It's intellectually stimulating and I am learning much more about the law than I thought I would.
That's funny. That's exactly what my Dad is trying to talk me into doing. Of course, he's wanted me to go to law school since I graduated from college 30 years ago!

Unfortunately, though I think I'd like it as well, I would have to pay for it, which really doesn't factor into my FIRE plans (leaving in 4 years @ age 57), so I think it will be a no.

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