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Hard lessons of FIRE: loss of identity....unbearable amount of free time.
12-17-2020, 10:01 AM
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#1
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Thinks s/he gets paid by the post
Join Date: Jan 2010
Location: 5-sided building
Posts: 1,183
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Hard lessons of FIRE: loss of identity....unbearable amount of free time.
I saw these problems listed towards the end of the article, and chuckled at how stupid these problems seem. "Loss of identity," maybe, but has anyone suffered an "unbearable amount of freetime?"
https://www.marketwatch.com/story/im...iteid=yhoof2or
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12-17-2020, 10:03 AM
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#2
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Thinks s/he gets paid by the post
Join Date: Jul 2009
Location: The Beautiful Blue Ridge Mountains
Posts: 2,791
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12-17-2020, 10:09 AM
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#3
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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The loss of identity lesson is something I can really relate to. I woke up the first Monday after I retired and looked in the mirror at someone who had such a huge grin I could hardly recognize myself.
As to unbearable amounts of free time, you do have to suck it up and learn to endure it. I've spent the past 15 years suffering in silence and hope to continue without complaint for many years in the future.
__________________
Numbers is hard
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12-17-2020, 10:10 AM
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#4
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Moderator
Join Date: Nov 2015
Posts: 13,916
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It's Marketwatch, the author is maybe 40, probably younger.
pass....
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12-17-2020, 10:20 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Nov 2015
Posts: 2,692
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Unbearable amount of free time trump's accepting another steaming pile of crap from your boss. Lol. 5 years now retired and still waiting for the unbearable amount of free time. C19 slowed the roll this year doing stuff but still filled my day with things to do and be done.
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12-17-2020, 10:23 AM
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#6
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Thinks s/he gets paid by the post
Join Date: Feb 2019
Location: St Pete
Posts: 1,241
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Quote:
Originally Posted by Aerides
It's Marketwatch, the author is maybe 40, probably younger.
pass....
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https://www.marketwatch.com/author/a...=MW_author_bio
Either a really old photo or a really young author!
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12-17-2020, 10:49 AM
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#7
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Thinks s/he gets paid by the post
Join Date: Jan 2017
Posts: 2,657
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Actually, I do understand. Some people's identity is totally tied up in their work. Especially at higher skill levels. In a way I envy those people. But it's certainly not my issue. I was always able to compartmentalize; work, family, friends, other organizations, etc.
And again, someone who commits a very large percentage of their time to one activity (like w*rk) is likely to feel adrift if they suddenly don't have that. Again, not me. I always tell people "I don't know how I ever found time to w*rk." I now have time for all the other things I used to have to squeeze into evenings and weekends.
I can admire those who specialized to the point there's very little else in their lives. But I'm sort of glad I'm not one of them.
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12-17-2020, 10:58 AM
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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: Jun 2014
Posts: 7,045
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I can relate to too much free time and that’s why I do some consulting and teach a online college class.
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12-17-2020, 11:30 AM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,140
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__________________
Retired since summer 1999.
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12-17-2020, 11:34 AM
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#10
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Recycles dryer sheets
Join Date: Feb 2020
Location: Danville
Posts: 167
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Try listening to "The Money Guys" on You Tube always putting a damper on the FIRE movement. The big problem with the fire movement...the huge downside to the fire movement...the major cons of the fire movement and the hard truth about the... And they are supposed to be helping people to build wealth. I think they are financial advisors.
They suggested it was not a smart decision to retire early when you're at the peak of your earning potential. I think Mr. Money Mustache should give them a piece of his mind. People seem to like their advice but I find them quite annoying. They make it sound like achieving financial independence is soooo hard and that you would have to scrimp and live on nothing to get there.
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12-17-2020, 11:37 AM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2013
Location: Limerick
Posts: 5,655
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Quote:
Originally Posted by Teacher Terry
I can relate to too much free time and that’s why I do some consulting and teach a online college class.
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I’ve had too much free time too, but I’ve found a new hobby to fill the time. Napping!
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12-17-2020, 11:41 AM
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#12
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,708
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What is this thing called “free time”?
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12-17-2020, 11:44 AM
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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: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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Quote:
Originally Posted by MichaelB
What is this thing called “free time”?
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That should be obvious. It's the time you donate (free) as a moderator on E-R.org.
__________________
Numbers is hard
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12-17-2020, 11:47 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: May 2011
Posts: 8,368
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I've never had an identity, but in 11 days it'll be 32 years since I had to announce my name when answering a telephone.
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"Exit, pursued by a bear."
The Winter's Tale, William Shakespeare
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12-17-2020, 11:58 AM
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#15
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Recycles dryer sheets
Join Date: Aug 2020
Location: Houston
Posts: 108
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The only identity I want to keep is to be known as a good husband/father/brother/friend. Other identities are just transactional to me and I am ready to move on from them. Free time? I want it all while I still can since I cannot buy it
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12-17-2020, 12:02 PM
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#16
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 7,677
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I know some retired folks who have loaded up with volunteering. It seems that they get their self-worth from what they accomplish during the day.
I did get lots of things from working: high blood pressure, heart disease. Since retiring, I have been focused on my health #1. And doing things I never had time for when working for the dollar.
__________________
For the fun of it...Keith
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12-17-2020, 12:06 PM
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#17
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2009
Posts: 6,695
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I had to check the calendar - is today April 1st?
I had plenty of free time while riding the trains to and from work for 23 years (though not always 5 days a week). I'll take my free time, and more of it, NOT on those dang trains!
__________________
Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.
"I want my money working for me instead of me working for my money!"
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12-17-2020, 01:00 PM
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#18
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Posts: 3,083
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Free time is better than time in endless meetings. How is this a problem?
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12-17-2020, 02:37 PM
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#19
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Thinks s/he gets paid by the post
Join Date: Oct 2019
Posts: 3,671
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Quote:
Originally Posted by Blue531
Try listening to "The Money Guys" on You Tube always putting a damper on the FIRE movement. The big problem with the fire movement...the huge downside to the fire movement...the major cons of the fire movement and the hard truth about the... And they are supposed to be helping people to build wealth.
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I ran across this two days ago, it tweaked me enough to send her a message about what I think was wrong with it. The big, but not only problem is she used (or made up) extreme positions and then argued against them. Like saving 75% of you income! The article states "He (as in Pete) told me that to be truly Fire, I should limit the number of children and pets that I have, as both are expensive. (OP here, very possible) But that is not enough. Fire involves extreme austerity, significantly limiting the amount you spend, and saving hard — up to 75 per cent of your income." I can't tell if she really talked to him or if that was poetic license.
https://life.spectator.co.uk/article...rom%20%251%24s
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12-17-2020, 03:01 PM
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#20
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Thinks s/he gets paid by the post
Join Date: Mar 2009
Posts: 2,985
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Quote:
Originally Posted by kcowan
I know some retired folks who have loaded up with volunteering. It seems that they get their self-worth from what they accomplish during the day.
I did get lots of things from working: high blood pressure, heart disease. Since retiring, I have been focused on my health #1. And doing things I never had time for when working for the dollar.
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Yes indeed. Health is the #1 priority .
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Took SS at 62 and hope I live long enough to regret the decision.
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