toreornot
Dryer sheet wannabe
When megacorp let me go a year ago, I sensed that it would be nearly impossible to get an equivalent job in the market due to my age and high unemployment rate in US.
So I ran Firecalc, read many of the books mentioned in this forum, built an expense tracker spreadsheet, did zillions of what if scenarios, and concluded I was FI with a lesser but still decent lifestyle.
Made mile long lists of things I wanted to do once I had all the time in the world and a little play money.
I then decided to RE. DW balked in the beginning but ended up accepting that it might be about time.
It lasted 10 months.
Two things happened:
1. I was feeling insecure, anxious about money running out before time, friends seemed to have vanished, and I wasn't doing any more of the leisure things I liked than when working full time.
2. DW got a job after 4 years away from the market (we spent these 4 years abroad in a work assignment and she couldn't get a work visa there).
Result: she loved going back to work and kept talking me into going back as well, or at least taking on studying full time for a new career.
I tried the latter, and right after I took my College Aptitude Test, and was preparing to send out applications to the local universities, I was offered a full time job.
I took it for the money sure, but also because I was bored and unhappy, feeling all the time that something was wrong and that society had marginalized me.
Now 6 months into the new job, I'm enjoyng it, but already shooting for a new retirement date, this time planned, and not result of contingencies. I turn 60 this year, and neither megacorp or I will benefit by extending this job for very long.
Given the past (bad) experience in REing, I know I will have butterflies in the belly as the new target date (Oct 2013) approaches.
Any suggestions as how to get better prepared this time? Anyone with similar experience?
Just a note, DW plans to work as long she gets jobs or are physically able to, and she probably will prefer that I do the same.
So I ran Firecalc, read many of the books mentioned in this forum, built an expense tracker spreadsheet, did zillions of what if scenarios, and concluded I was FI with a lesser but still decent lifestyle.
Made mile long lists of things I wanted to do once I had all the time in the world and a little play money.
I then decided to RE. DW balked in the beginning but ended up accepting that it might be about time.
It lasted 10 months.
Two things happened:
1. I was feeling insecure, anxious about money running out before time, friends seemed to have vanished, and I wasn't doing any more of the leisure things I liked than when working full time.
2. DW got a job after 4 years away from the market (we spent these 4 years abroad in a work assignment and she couldn't get a work visa there).
Result: she loved going back to work and kept talking me into going back as well, or at least taking on studying full time for a new career.
I tried the latter, and right after I took my College Aptitude Test, and was preparing to send out applications to the local universities, I was offered a full time job.
I took it for the money sure, but also because I was bored and unhappy, feeling all the time that something was wrong and that society had marginalized me.
Now 6 months into the new job, I'm enjoyng it, but already shooting for a new retirement date, this time planned, and not result of contingencies. I turn 60 this year, and neither megacorp or I will benefit by extending this job for very long.
Given the past (bad) experience in REing, I know I will have butterflies in the belly as the new target date (Oct 2013) approaches.
Any suggestions as how to get better prepared this time? Anyone with similar experience?
Just a note, DW plans to work as long she gets jobs or are physically able to, and she probably will prefer that I do the same.