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Old 06-18-2015, 09:41 AM   #41
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Join Date: May 2013
Location: The Villages
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I work about 5 hours a week on projects for my old company. It feels like a fun hobby, and I get paid very well. There's no down side for me.
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Old 12-15-2015, 02:36 PM   #42
Recycles dryer sheets
 
Join Date: Jun 2013
Location: N/A
Posts: 55
Update:

So, took a pass on the lucrative opportunities but fortunately my and my wife's part-time consulting gigs have increased over the second half of the year whereby we ended the year having made about 50% of our needed income, thus with passive business income and some dividends we covered the nut, as they say. So, any investment gains were banked. Moreover, with the increased opportunities we should hit 100% of operating income for 2016. The good news is neither of us are working more than a couple days a week average. So, as I said once before we are not RE'd but we are more than FI and get to design a life that meets are needs. We have one kid in college and one kid in grade school thus total freedom is limited for now, but no rush as we truly enjoy the family life. We are conservative and cautious, so this works for us.

I wanted to say I appreciate this Forum and it's members. I have gained great perspective here. Many thanks to all who contribute. I hope to reciprocate as time goes on.
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Old 12-16-2015, 07:14 AM   #43
Recycles dryer sheets
 
Join Date: Oct 2012
Location: Houston
Posts: 67
I retired at 55, 5 years ago. After a year in retirement, I got a job offer to head to Dubai on a 2 year contract. The money was great, and I even though I did not need the money, I decided to sign up and go for the heck of it ( I did work overseas most of my working years) I spent 2 years living, enjoying life and traveled. After, the 2 years, I decided to go home, but then I was offered another 2 year contract in SE Asia for a lot more money, I said what the heck, head out, traveled Asia, great food, great job - really enjoyed my self. After 2 years, I pack my belonging, went to Hong Kong for a few weeks before heading back to Texas. Well, while there, I got another offer, and they finally convinced me and signed on for another 2 years. Six months into the new contract, I have got a great staff, everyone is super nice and doing good work. Heading out Friday to spend Christmas in Singapore. I do know this is my last, (overall, they do not give work permits/visa for Expats over 60 - but how knows). The moral of the story is that you never know where a job or a challenge will lead you. I was FI at age 45, after you are FI, you work because you want to, not because you have to. You have to decide if the interest/fire is still there. I always loved my work, I just did not like the office politics/bad bosses - when you are on a short term contract they know you are there to train, teach and then you move on - you are not in competition. You are there at the pleasure of the country and can be sent backing anytime. My 2 cents - if the fire is there, go for it, you do not know where it will take you.
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Old 12-16-2015, 09:17 AM   #44
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Join Date: Jul 2002
Posts: 1,040
Quote:
Originally Posted by Balance View Post
Update:

So, took a pass on the lucrative opportunities but fortunately my and my wife's part-time consulting gigs have increased over the second half of the year whereby we ended the year having made about 50% of our needed income, thus with passive business income and some dividends we covered the nut, as they say. So, any investment gains were banked. Moreover, with the increased opportunities we should hit 100% of operating income for 2016. The good news is neither of us are working more than a couple days a week average. So, as I said once before we are not RE'd but we are more than FI and get to design a life that meets are needs. We have one kid in college and one kid in grade school thus total freedom is limited for now, but no rush as we truly enjoy the family life. We are conservative and cautious, so this works for us.

I wanted to say I appreciate this Forum and it's members. I have gained great perspective here. Many thanks to all who contribute. I hope to reciprocate as time goes on.
Thanks for the update, started reading the thread and was going to chime in, except I found out I already had!!
Yea, RE with kids is not your typical retirement, their school and other activities sometimes put constraints on your options. But have loved every minute of my 15 years of RE (boys are now 17 and 19) with three months seasonal work. If the company ever gave me a rough time over disappearing mid-day or taking a day off here or their, they'd have my resignation in ten minutes, and they know it! It's so great do be able to do things on your own terms, which FI is all about.
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Old 12-18-2015, 03:56 PM   #45
Recycles dryer sheets
 
Join Date: Jun 2013
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Yes, it's nice being around with the kids and I like the slower pace that allows me the opportunity to do some things on a whim which is special. I can't deny that retiring early at a time with inflated assets prices does concern me, so being able to "kick the can" as they say on the SWR for a few years does feel better for me being so conservative. One of our (wife and I) life goals is to leave a legacy for the kids. Not overly focused on the amount as much as I just want to help them out once we move on so they have some breathing room as they enter the same stage we are in now. I believe it is incumbent on families to help the next generation advance ahead of the last one.
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