Hey All...Here is my situation:
1) Retired Navy Chief Petty Officer. Spent 20+ years doing Supply/Logistics/Purchasing/Inventory. Steady retirement pay is $1880/mo and COLA adjusted.
2) Currently working 20-30 hours a week at the local Air Force base golf course. Pay is $7.50/hr.
3) Referee/Umpire local high school/junior high sports. Pay is $25-$55 per game. I made $2200 in 6 weeks doing baseball, and $600 in 4 weeks doing basketball.
4) 3 semester hours short of a Bachelors Degree in Opeations Management from Thomas Edison State College.
5) Have 35 months of GI Bill remaining for use for Master's Degree/another Bachelors, etc..
6) Have < $45K in TSP, < $10K in IRA
7) TRICARE medical $230/yr, Retiree dental $31/mo
8) Don't own home, currently renting with fiancee and 3 teenagers. She gets over $2K/mo in child support.
9) Have 2 car payments. No other debt.
Here is my dilema. I really enjoy being semi-retired. I believe I am living the work less..live more lifestyle, but will this run out? Do I need to get another job to stay marketable in case I need to go to work? I don't live a rich lifestyle, as my clothes are good enough for me. I am a homebody. If I can play golf, I am happy!
I am 40 years old, and don't want to burn my bridges too soon and be 45 and non marketable.
I wish I could just keep working at the golf course and keep going to school. It is fun, and doesn't even feel like work, but lately I have been thinking will this last me forever or do I need to make sure I look elsewhere like government job, contracting, etc..
After 20+ years of the hustle and bustle of military life, I have really enjoyed the almost stress free lifestyle of having my hair long, waking up when I want, playing golf when I want. I really could do this forever and not be bored at all, but will my finances be enough forever?
Thanks for the advice,
Erik
1) Retired Navy Chief Petty Officer. Spent 20+ years doing Supply/Logistics/Purchasing/Inventory. Steady retirement pay is $1880/mo and COLA adjusted.
2) Currently working 20-30 hours a week at the local Air Force base golf course. Pay is $7.50/hr.
3) Referee/Umpire local high school/junior high sports. Pay is $25-$55 per game. I made $2200 in 6 weeks doing baseball, and $600 in 4 weeks doing basketball.
4) 3 semester hours short of a Bachelors Degree in Opeations Management from Thomas Edison State College.
5) Have 35 months of GI Bill remaining for use for Master's Degree/another Bachelors, etc..
6) Have < $45K in TSP, < $10K in IRA
7) TRICARE medical $230/yr, Retiree dental $31/mo
8) Don't own home, currently renting with fiancee and 3 teenagers. She gets over $2K/mo in child support.
9) Have 2 car payments. No other debt.
Here is my dilema. I really enjoy being semi-retired. I believe I am living the work less..live more lifestyle, but will this run out? Do I need to get another job to stay marketable in case I need to go to work? I don't live a rich lifestyle, as my clothes are good enough for me. I am a homebody. If I can play golf, I am happy!
I am 40 years old, and don't want to burn my bridges too soon and be 45 and non marketable.
I wish I could just keep working at the golf course and keep going to school. It is fun, and doesn't even feel like work, but lately I have been thinking will this last me forever or do I need to make sure I look elsewhere like government job, contracting, etc..
After 20+ years of the hustle and bustle of military life, I have really enjoyed the almost stress free lifestyle of having my hair long, waking up when I want, playing golf when I want. I really could do this forever and not be bored at all, but will my finances be enough forever?
Thanks for the advice,
Erik