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I hate my job should I Early Out?
11-17-2014, 04:15 PM
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#1
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Confused about dryer sheets
Join Date: Nov 2014
Posts: 4
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I hate my job should I Early Out?
I hate my job should I Early Out?
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11-17-2014, 04:23 PM
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#2
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Thinks s/he gets paid by the post
Join Date: May 2007
Posts: 1,250
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Yes
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11-17-2014, 04:33 PM
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#3
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Thinks s/he gets paid by the post
Join Date: Jul 2005
Posts: 2,223
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No , you only THINK you hate your job.
We need you in the work force , paying FICA and Medicare tax to support us retirees
How about a few more details ?
__________________
" A person is smart, but People are dumb, dangerous, panicky animals, and you know it " Agent "K", Men in Black
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11-17-2014, 04:36 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Nov 2013
Location: Bay Area
Posts: 2,745
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There's a lot of threads on this topic. The answers and more are there.
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11-17-2014, 04:36 PM
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#5
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Confused about dryer sheets
Join Date: Nov 2014
Posts: 4
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Quote:
Originally Posted by Lakewood90712
No , you only THINK you hate your job.
We need you in the work force , paying FICA and Medicare tax to support us retirees
How about a few more details ?
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LOL !!
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11-17-2014, 04:50 PM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2007
Posts: 14,328
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Sorry, all retiree positions are currently taken. Back to the salt mine.
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11-17-2014, 04:56 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Jul 2005
Posts: 2,223
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THAT IS IT ! THE ANSWER ! to future Medicare and Social Security shortfalls , someone has to die, before you can begin to receive benefits
__________________
" A person is smart, but People are dumb, dangerous, panicky animals, and you know it " Agent "K", Men in Black
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11-17-2014, 05:57 PM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2013
Posts: 11,078
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Quote:
Originally Posted by I_m_Pi_my_friend
I hate my job should I Early Out?
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Can you afford to? Know what you spend? How long will your assets last? Have you used Firecalc or other good modeling tools?
Sent from my SAMSUNG-SGH-I337 using Early Retirement Forum mobile app
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11-17-2014, 06:32 PM
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#9
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,212
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Trust me I can relate. I had that feeling - but didn't pull the trigger till I had enough of a nest egg to be somewhat confident I had enough $ to not run out.
I think I posted here a lot about how unhappy I was at work when I first joined. That motivated me to cut my spending, pay down my mortgage, and maximize my savings....
Come up with a financial plan... work the plan for however long it takes to not be disastrous... then DO IT!!!
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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11-17-2014, 06:32 PM
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#10
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,212
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BTW - welcome to the forum!
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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11-17-2014, 06:47 PM
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#11
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Posts: 3,083
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Sorry, you can't early out.
-The Management
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11-17-2014, 06:49 PM
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#12
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2003
Posts: 18,085
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Hmmm, despite the fact that I need you to help service the national debt, sometimes it is time to make a change. I was not quite there dollar-wise. I could eke out a retirement, but have grade-school kids and a mortgage. That said, I was real tired of sitting down to a new stack of sh!t sandwiches every day down in the cube farm. When life becomes an excrement Golden Corral, it is time for a jack move. I figured out that things would likely be just ducky long term if DW and I managed to bring in odds and ends of income from time to time. I was on the beach for 8 glorious months, regained my sanity, re-established much needed balance in my life, and then fell into a 1 year contract job that is very lucrative. At the end of a year, they will try to hire me permanently, another contract will show up, or I will go back to a life of leisure. I am good either way and in the meantime I no longer wish each and every day away. YMMV, as they say.
__________________
"All animals are equal, but some animals are more equal than others."
- George Orwell
Ezekiel 23:20
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11-17-2014, 07:54 PM
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#13
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2013
Posts: 9,358
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Quote:
Originally Posted by jim584672
Sorry, you can't early out.
-The Management
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Early out or risk ending up like Ted in the Dilbert cartoon:
Dilbert comic strip for 11/11/2014 from the official Dilbert comic strips archive.
He died the day after he retired. Ratbert congratulates the boss for working him to death in a timely manner. The pointy haired boss responds that if he is being honest the timing was just luck.
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11-18-2014, 06:16 AM
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#14
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,364
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Quote:
Originally Posted by I_m_Pi_my_friend
I hate my job should I Early Out?
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If you can afford to then do it. Otherwise, change jobs. Life is too short to spend time in a job you hate.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
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11-18-2014, 06:32 AM
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#15
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Recycles dryer sheets
Join Date: Mar 2014
Posts: 197
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No. Who is going to fund Social Security for all of us?
+1 to Lakewood
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11-18-2014, 04:54 PM
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#16
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Confused about dryer sheets
Join Date: Nov 2014
Posts: 4
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Quote:
Originally Posted by daylatedollarshort
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nice
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11-18-2014, 05:01 PM
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#17
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Moderator
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 25,340
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Yes, if you can afford to, no if you can't. But if you hate your job you should change jobs if at all possible. Staying in a job you hate will prevent you from retiring at all because you'll probably die from stress first.
http://www.early-retirement.org/foru...ml#post1399715
__________________
When I was a kid I wanted to be older. This is not what I expected.
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11-18-2014, 07:25 PM
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#18
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Recycles dryer sheets
Join Date: Aug 2014
Location: Western Canada
Posts: 393
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Quote:
Originally Posted by daylatedollarshort
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Talk about perfect, that's it. His DW can't collect the company group life policy. Hope his PHB got a bonus for saving the company money (my mega-corp self-insured).
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11-19-2014, 06:07 AM
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#19
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Confused about dryer sheets
Join Date: Nov 2014
Posts: 4
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Thanks everyone for the laughs and comments and…
First let me respond to:
Rodi, Thanks that is encouraging. So I am not the only one that has posted here about how much they hate their job and want to retire.
Brewer12345, I couldn’t have said it better! Cool description of the cube farm.
Fact is that I have enough resources for a small modest retirement, won’t be able to buy lots of toys but can make ends meat according to a 80% chance with FireCalc is that high enough? I am just having allot of mixed feelings. Seems many here are younger, don’t know exactly what qualifies as “EARLY” Retirement, as I am 56 going on 57, which according to many of the financial news sites is “early” as they seem to be saying people are working till 65-67 now. When I was a kid the life expectancy for a male was 72!
One last comment on this is that even though I hate my job and plan to retire soon, I have some other questions I'll post later.
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11-19-2014, 06:55 AM
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#20
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,364
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80% survival on Firecalc would not be enough for me and I'm somewhat of a risk taker. 90% would be the lowest I would go and 95%+ would be preferable. Can you downshift to part-time with your current job? Or take a part-time job in early retirement to plug the gap?
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
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