Take This Job and Shove It
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Last: 7 mo ago by Firefighter7
stonksock said:
You think these jobs sounding great... But imagine having a multimillion dollar portfolio where a 0.2% daily change in the market means you make or lose thousands of dollars.
Are you going to apply and show up for an interview, then spend 20-30 hours out of your week where you will make a few hundred a day when you could literally do anything else with your time?
Maybe I'll change my tune in a few months/years but just keeping my house up and spending more time with my family and dog are worth more to me than a few extra hundred a week
For some, it's probably about health insurance.
Comeby! said:
All these semi-retirement jobs sound fine provided you don't get a-hole clients.
That's the thing though. As a young thirties who is in the thick of the rat race right now hoping that I can be in position at 55 or so to make this decision, I can pretty confidently say 99% of the guys posting here have to deal with *******s every day. But it's a rat race so you just have to sit down and take it.
These are all jobs that you don't have to show up for, they are to do something that you find enjoyment in, whether it's making something with your hands or working the desk at a pro shop. You don't NEED it. You can walk away whenever you want and find something else
In my opinion you are spot on. Kudos to you good sir, you have ran the race and appear to be in the pole position
We've lost the plot, again. 
OP started this with semi-retirement, not full retirement gigs. I think I know where they are at, because I'm there as well. I've saved enough at 36 that returns alone hit my FI # by ~45. I think I have FU money and have documented earlier in this thread how we're initiating a glide path out of the rat race.
I could toil away for another 4+ years at mega-firm, burning 45+ hours talking to EU, then US, then India; dealing with clients, work travel, etc. and hit our FI number by 40 or so. Alternatively, to OP's question, I can stop saving and find a gig that meets expenses with more flexibility/lower stress and let the nest egg continue to snowball.
I still think my path will be to push for less hours at my current job. If that doesn't work, I'll go contract and pick-and-choose projects.
I also think folks need to look at it not as $ swings in portfolio vs. your salary; but withdrawal %s. Every $30k I bring in during "retirement" lowers by withdrawal rate by 1%. You can play with numbers on firecalc, but that 1% can be massive on success/failure rates.
OP started this with semi-retirement, not full retirement gigs. I think I know where they are at, because I'm there as well. I've saved enough at 36 that returns alone hit my FI # by ~45. I think I have FU money and have documented earlier in this thread how we're initiating a glide path out of the rat race.
I could toil away for another 4+ years at mega-firm, burning 45+ hours talking to EU, then US, then India; dealing with clients, work travel, etc. and hit our FI number by 40 or so. Alternatively, to OP's question, I can stop saving and find a gig that meets expenses with more flexibility/lower stress and let the nest egg continue to snowball.
I still think my path will be to push for less hours at my current job. If that doesn't work, I'll go contract and pick-and-choose projects.
I also think folks need to look at it not as $ swings in portfolio vs. your salary; but withdrawal %s. Every $30k I bring in during "retirement" lowers by withdrawal rate by 1%. You can play with numbers on firecalc, but that 1% can be massive on success/failure rates.
Jamey,
Back to the original point. Part time work can be anything from Starbucks to Costco if you want benefits with it.
I think if the number is 30-40k, you have a ton of options to look at. The key thing to focus on is if you want to deal with the general public or not.
Back to the original point. Part time work can be anything from Starbucks to Costco if you want benefits with it.
I think if the number is 30-40k, you have a ton of options to look at. The key thing to focus on is if you want to deal with the general public or not.
jja79 said:
If we're working aren't we semi-retired?
I'm confused then. You're "post-retirement" and "pull the plug" in your posts all over this thread.
OP clearly still has expenses to maintain, not ready to "pull the plug." They can flex the down shift, but still NEED, not want a gig. It's in the OP.
Again, I'm there as well. I'm not full FI. But by all indicators, I don't need to be a wage slave any longer to get there. I can just hoh-hum something until time and compound interest do their thing. But what is that something is the point of the thread.
Sorry for derailing the thread.
Yeah, I still gotta work, for insurance and to pay the mortgage.
There will come a point where I could possibly use the brokerage account to pay off house and reduce monthly expenses by about 1650 a month.
And that's the idea here, downshift into a simple job to pay bills and let the the markets grow my retirement accounts.
There will come a point where I could possibly use the brokerage account to pay off house and reduce monthly expenses by about 1650 a month.
And that's the idea here, downshift into a simple job to pay bills and let the the markets grow my retirement accounts.
Cyp0111 said:
Jamey,
Back to the original point. Part time work can be anything from Starbucks to Costco if you want benefits with it.
I think if the number is 30-40k, you have a ton of options to look at. The key thing to focus on is if you want to deal with the general public or not.
That's what I'm thinking. I think I'd be fine dealing with the general public at a place like Costco or Starbucks. I don't want to deal woth the general public in a job like tech support or a call center where everyone is pissed off because something is broke as the starting point
No worries. You're living the dream and have part time work. You're actually living the thread, congrats.
jja79 said:
Sorry for derailing the thread.
Come back JJ come back !!
I as an older guy a few years away from all this appreciates your perspective.
jamey said:Cyp0111 said:
Jamey,
Back to the original point. Part time work can be anything from Starbucks to Costco if you want benefits with it.
I think if the number is 30-40k, you have a ton of options to look at. The key thing to focus on is if you want to deal with the general public or not.
That's what I'm thinking. I think I'd be fine dealing with the general public at a place like Costco or Starbucks. I don't want to deal woth the general public in a job like tech support or a call center where everyone is pissed off because something is broke as the starting point
A long time ago after being let go I was out of work for a while with a stay at home wife and two small kids. I took a job at Target to help with bills. I just was a shelf stocker.
Yes the women would get upset when you were already sold out of the hottest this or that but after my shift I clocked out and left everything there. No thoughts about sales forecasts, late deliveries, inventory issues, hiring/firing people. Nothing.
Liberating in a way so I think I could definitely work with people in a non tech support type way as well. Actually I'm going to hit up the smaller brewers and distillers around about a delivery van/ small truck role when my time comes.
AgOutsideAustin said:jamey said:Cyp0111 said:
Jamey,
Back to the original point. Part time work can be anything from Starbucks to Costco if you want benefits with it.
I think if the number is 30-40k, you have a ton of options to look at. The key thing to focus on is if you want to deal with the general public or not.
That's what I'm thinking. I think I'd be fine dealing with the general public at a place like Costco or Starbucks. I don't want to deal woth the general public in a job like tech support or a call center where everyone is pissed off because something is broke as the starting point
A long time ago after being let go I was out of work for a while with a stay at home wife and two small kids. I took a job at Target to help with bills. I just was a shelf stocker.
Yes the women would get upset when you were already sold out of the hottest this or that but after my shift I clocked out and left everything there. No thoughts about sales forecasts, late deliveries, inventory issues, hiring/firing people. Nothing.
Liberating in a way so I think I could definitely work with people in a non tech support type way as well. Actually I'm going to hit up the smaller brewers and distillers around about a delivery van/ small truck role when my time comes.
Could you get insurance with the stocker job? How much does that pay?
No insurance and it was not near what a Bucees would pay, this was a really long time ago. At the time Target would limit your hours and watch closely so you didn't get 40 hours to be considered full time. I'm sure a ton of companies do that.
Have no idea what part time jobs would get insurance, sorry.
Have no idea what part time jobs would get insurance, sorry.
Nah.AgOutsideAustin said:jja79 said:
Sorry for derailing the thread.
Come back JJ come back !!
I as an older guy a few years away from all this appreciates your perspective.
Love this thread. Just posted a scenario of selling house to invest equity, so I can start thinking about my future this way.
Been blacked out my first 10+ years in the work force and have not planned very well for the future. Would love your feedback in that thread. https://texags.com/forums/57/topics/3452172
Also, would love to work as a golf professional and coach a HS team.
Been blacked out my first 10+ years in the work force and have not planned very well for the future. Would love your feedback in that thread. https://texags.com/forums/57/topics/3452172
Also, would love to work as a golf professional and coach a HS team.
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Quote:
America's retirement age of 65 is "crazy," BlackRock CEO says
https://finance.yahoo.com/news/americas-retirement-age-65-crazy-222229926.html
I agree. 65 is way too old to retire. Life is short.
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You don't appreciate a guy worth $1.2 billion saying that you actually need to work past age 65?
he's not wrong to say that 65 for SS benefits is silly when people live so much longer
Diggity said:
he's not wrong to say that 65 for SS benefits is silly when people live so much longer
When is old, old?
When is able bodied still able bodied?
Life expectancy is 78.
If we work from 20 - 65, we're working for 45 years, giving us an average of 13 years for retirement before we die.
I can't see us raising the retirement age much above 65-67. If they go to 70, man, that means we live only 8 more years. that's not a long time.
that's up about 5 years since the last time they adjusted the SS benefits age. It's a simple math issue.
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DannyDuberstein said:
You don't appreciate a guy worth $1.2 billion saying that you actually need to work past age 65?
Yeah I'll get right on that.
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Diggity said:
that's up about 5 years since the last time they adjusted the SS benefits age. It's a simple math issue.
Oh, they're going to raise it, that's a fact. I would bet my entire retirement on that.
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My wife talks about never retiring but just reducing her hours.
I dream about retiring all the time, even while enjoying my job for the most part.
Depending on how my career goes I'd either go teach adjunct at a university or go be a school teacher at a private school.
I dream about retiring all the time, even while enjoying my job for the most part.
Depending on how my career goes I'd either go teach adjunct at a university or go be a school teacher at a private school.
Currently 43, hoping to retire at 55-56. Full retirement is 60 sadly (AND missed full retirement at 52.5 by 45 days based on start date). It will be a 5% penalty for each year I retire before 60. Hubs is 8 years older.
I am hoping to still have my travel agency by that point, and if so, that would be a great semi-retirement job and I can get super picky with the clients I want to book/keep, and pass everything else on. Eventually might try to grow my team to beyond just me so I can offload some of the work but still keep part of the income. Just really do not have the time to train someone currently although I really should.
Currently have multiple rent houses, and hope to purchase one every 1-1.5 years.
I do joke that in my last few years at my current job that I may take a big pay cut and go do something easy, like working in the veterinary hospital and pet dogs all day. Retirement is based on highest 5 years, so assuming we don't need the extra income at that point, might as well take something that is super easy and low stress to finish out my last few years.
I am hoping to still have my travel agency by that point, and if so, that would be a great semi-retirement job and I can get super picky with the clients I want to book/keep, and pass everything else on. Eventually might try to grow my team to beyond just me so I can offload some of the work but still keep part of the income. Just really do not have the time to train someone currently although I really should.
Currently have multiple rent houses, and hope to purchase one every 1-1.5 years.
I do joke that in my last few years at my current job that I may take a big pay cut and go do something easy, like working in the veterinary hospital and pet dogs all day. Retirement is based on highest 5 years, so assuming we don't need the extra income at that point, might as well take something that is super easy and low stress to finish out my last few years.
There is a headhunting group in my career field that offers part time contract employment, one right now in Napa Valley CA (defense contracting sphere)
so that would seem less stressful and pretty interesting to spend 6 months out in wine country of California
at the same time, to another posters point- is it worth it to still put up with the @#$# for much less money than I am making now?
it's hard to find the correct balance between:
1) "your health will be greatly improved by retiring" versus
2) "you will likely die quickly by retiring and not having to work which gives your life some meaning"
so that would seem less stressful and pretty interesting to spend 6 months out in wine country of California
at the same time, to another posters point- is it worth it to still put up with the @#$# for much less money than I am making now?
it's hard to find the correct balance between:
1) "your health will be greatly improved by retiring" versus
2) "you will likely die quickly by retiring and not having to work which gives your life some meaning"
I always thought that being a Maitre De at a decent restaurant in Florida would be a pretty good gig just to pay the mortgage each month.
get some exercise standing, dress up a bit, look at pretty women, how much stress is there putting people at different tables?
get some exercise standing, dress up a bit, look at pretty women, how much stress is there putting people at different tables?
And according to sitcoms, people are constantly discreetly slipping you $20 to get a good table.
JMac03 said:
Currently 43, hoping to retire at 55-56. Full retirement is 60 sadly (AND missed full retirement at 52.5 by 45 days based on start date). It will be a 5% penalty for each year I retire before 60. Hubs is 8 years older.
I am hoping to still have my travel agency by that point, and if so, that would be a great semi-retirement job and I can get super picky with the clients I want to book/keep, and pass everything else on. Eventually might try to grow my team to beyond just me so I can offload some of the work but still keep part of the income. Just really do not have the time to train someone currently although I really should.
Currently have multiple rent houses, and hope to purchase one every 1-1.5 years.
I do joke that in my last few years at my current job that I may take a big pay cut and go do something easy, like working in the veterinary hospital and pet dogs all day. Retirement is based on highest 5 years, so assuming we don't need the extra income at that point, might as well take something that is super easy and low stress to finish out my last few years.
If you don't mind me asking, what is your formula for buying a rent house in terms of number of bedrooms, price, location, etc.?
GenericAggie said:JMac03 said:
Currently 43, hoping to retire at 55-56. Full retirement is 60 sadly (AND missed full retirement at 52.5 by 45 days based on start date). It will be a 5% penalty for each year I retire before 60. Hubs is 8 years older.
I am hoping to still have my travel agency by that point, and if so, that would be a great semi-retirement job and I can get super picky with the clients I want to book/keep, and pass everything else on. Eventually might try to grow my team to beyond just me so I can offload some of the work but still keep part of the income. Just really do not have the time to train someone currently although I really should.
Currently have multiple rent houses, and hope to purchase one every 1-1.5 years.
I do joke that in my last few years at my current job that I may take a big pay cut and go do something easy, like working in the veterinary hospital and pet dogs all day. Retirement is based on highest 5 years, so assuming we don't need the extra income at that point, might as well take something that is super easy and low stress to finish out my last few years.
If you don't mind me asking, what is your formula for buying a rent house in terms of number of bedrooms, price, location, etc.?
This is a hubs thing honestly, I don't deal with it too much. We look at the cost of the house, what our realtor says it will rent for, and make sure we are turning a profit. Sorry wish I had a better answer. We currently have 2 in CS and one in Oklahoma. OK actually makes better money even with a management company (we self manage here).
Here's a semi-retired job idea. I'm on an Aggie Parents Facebook group and parents all up in arms they're about the predatory tow trucks in BCS.
The job: Move to Austin, buy a tow truck and a small lot. Tow sips for a living. At a tow 2 a day M-F you'd make $150k+ a year. If someone steals this idea, gimme 9.8% royalty. Or at least let me invest.
The job: Move to Austin, buy a tow truck and a small lot. Tow sips for a living. At a tow 2 a day M-F you'd make $150k+ a year. If someone steals this idea, gimme 9.8% royalty. Or at least let me invest.
LMCane said:
I always thought that being a Maitre De at a decent restaurant in Florida would be a pretty good gig just to pay the mortgage each month.
get some exercise standing, dress up a bit, look at pretty women, how much stress is there putting people at different tables?
At a place nice enough to have a Maitre De I would imagine the stress is high dealing with that clientele.
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