noclue's RS Career & Retirement Thread due to our aging demographic, Thread

[Gerbs]

Originally Posted by RabidRat

Done!

I'm < 10 years out to early retirement, pretty much coastFIRE'd, although not at your wealth level. Been on the FIRE movement since 18 years old, but I've been maximizing experiences over early retirement in the last 5 years.
Pretty content since our economy was slightly worse than those born in the 80's / early 90's. Y'all had the great 1995-2026 bull-run.

I can run anytime of the day but only 90% of my days atm.


Honestly, I've never met a wife that retired any of my friends yet including the fobs, please let me know where to find them, I am super mobile and can be anywhere!

Also isn't that a shame that you have enough money to do anything in this world and you're spending it working as an eccentric hobby, not tryna be offensive. I've been ready to retire for a looooooooooong sabbatical

[radeonboy]

^How would you live your next 40-50+ years once you reach your early retirement milestone?

[!LittleDragon]

Better have a plan... I retired at 42, traveled around for 3 months, did everything I wanted to do and sat on my ass for 3 months after... basically I got bored and went back to work after a year...

Would've been great if I knew others in the same situation... Sure you can call your friends for lunch/dinner but you're just gonna get "sorry bro, gotta work"... how many times can you do that before your friends start ignoring you?

[Badhobz]

Originally Posted by !LittleDragon

Better have a plan... I retired at 42, traveled around for 3 months, did everything I wanted to do and sat on my ass for 3 months after... basically I got bored and went back to work after a year...

Would've been great if I knew others in the same situation... Sure you can call your friends for lunch/dinner but you're just gonna get "sorry bro, gotta work"... how many times can you do that before your friends start ignoring you?

You need richer friends then

[Badhobz]

Originally Posted by Gerbs

Also isn't that a shame that you have enough money to do anything in this world and you're spending it working as an eccentric hobby, not tryna be offensive. I've been ready to retire for a looooooooooong sabbatical

It’s true. But I need to keep up appearances for her parents and to an extent my parents. Otherwise I’d be just a freeloading hippie. Once the geezers are dead I’m pulling the plug on this entire facade and going straight to substance abuse and whoring.

[Gerbs]

Originally Posted by radeonboy

^How would you live your next 40-50+ years once you reach your early retirement milestone?

90% of the same things I already do, minus all the time lost from kids

- raise 3-4 kids
- further connect with future wife on shared hobbies
- golf - > break 70
- pickleball - > hit 5.0+
- run - > hit 3:00 marathon
- tennis - > 3.5 +
- woodworking
- photography create a scrapbook of my mom / friends
- spend more time with friends/family, most are retiring early as well


- go back to school to learn mando / canto / spanish at a higher level
- relearn violin / piano
- volunteer
- weightlift
- garden
- slow travel
- weekly / monthly concerts
- ski
- run / book clubs
- double track days
- vball

- turn day job into p/t remote gig
- turn contract work into p/t
- teach p/t at uni like my friends
- run my businesses as owner operated, if I don't sell

All this can change, every year the things you enjoy change so much after 20's/30's. Man I can write this list in 1 minute, idk why people say they are bored after retirement or without work.

Originally Posted by !LittleDragon

Would've been great if I knew others in the same situation... Sure you can call your friends for lunch/dinner but you're just gonna get "sorry bro, gotta work"... how many times can you do that before your friends start ignoring you?

All the business owners friends are pretty much semi-retired, but i agree, it's hard when they have day jobs, remote guys are also acting semi retired

Originally Posted by Badhobz

Once the geezers are dead I’m pulling the plug on this entire facade and going straight to substance abuse and whoring.

I'm surprised you wouldn't start now, easier on the body while you're young

[bcrdukes]

I'll offer a slightly different perspective.

I don't disagree about early retirement and pursuing your hobbies/interests, and shifting your energy into different types of commitments, be it family etc. These are important to you and ways to enrich your life and those around you.

Since embarking on my academic journey mid-career and as a mature student, my perspective on "retirement" would offend most people here and that is to leverage my personal, professional, and academic experience to make a positive impact in my community, my country, and globally. Volunteering for a cause you believe in is often a great start and a very rewarding experience. Since going back to school, I've made a greater impact to causes that are important to me in a much shorter period of time than I had ever before, and that alone has been a very rewarding experience.

Of course, all of this has to come with some source of financial stream and balance of personal interests, but retiring to nothingness and without a roadmap no longer seems appealing to me anymore. I'm not suggesting which is right or wrong, or better or worse, but instead, I would reframe your thought process to design your own life and to approach whatever it is that you choose to with curiosity (women included.) Even if it means pursuing a rich fob girl (or as someone suggested, a Japanese farm girl.

[!LittleDragon]

I retired because the company I was working for at the time went bankrupt. The CEO was stealing money... I knew how much I was making on the side from the options market, I basically said fuck it, I'm done working for people...

I didn't have time to plan things out and think things through properly. I'm working for a non profit now, keeps me busy and it's my way of giving back. It's also nice to know that I don't need the job and that I can peace out whenever I want.

[supafamous]

Originally Posted by Gerbs

I'm < 10 years out to early retirement, pretty much coastFIRE'd, although not at your wealth level. Been on the FIRE movement since 18 years old, but I've been maximizing experiences over early retirement in the last 5 years.

Originally Posted by radeonboy

^How would you live your next 40-50+ years once you reach your early retirement milestone?

I'm at coastFIRE now (some call it semi-retirement) and am between 3-7 years away from being able to do full retirement (age 53-57) as long as Trump doesn't completely tank the stock market. Even in "full" retirement I'll probably keep the little business I'm building going but I just won't put as much effort into it (I work about 2-3 days a week now) - hopefully by then it's an easy 1 day a week job that brings in the pocket change that pays for my hobbies. I have a 50 year old pal who clears $500k/yr in tech and his dream is to retire to Saltspring and have a part-time job doing baggage handling for Harbour Air. Like him, I'd be happy to have some PT gig like that (Costco?) too.

Beyond that I see golf, travel, and cooking as my primary hobbies in retirement - my kid turns 7 in a few weeks so if I retire early enough I'm still going to get to be a dad for quite a while too.

I cannot wait to stop working entirely - I'm so much happier and healthier in semi-retirement and I'm fine with giving up the income I used to have. I miss some of the nicer things but the trade has been a super easy one to make.

[RabidRat]

I came across a coffee shop + ukulele store in LA a number of years ago called U-Space.

I'd like to build something like that one day.

In semi/actual-retirement, I like the idea of running a 3rd space for people to just drop in and get to know their community. A plain old coffee shop won't do that because you'd have no reason to interact with strangers. But having some casual side-activity like drop-in judo lessons or water tasting competition or whatever, just might!

Kinda like revscene, but in person, and with coffee.

There's a run-down corner convenience store in my neighborhood that I'm eyeing. One day I'll buy it and ruthlessly tear it to the ground. I'll replace it with a two-storey concrete & steel structure and lots of wood paneling. Floor to ceiling glass. Maybe something like R Ki Coffee Lab in Richmond:

[Badhobz]

i too wanted to run a little coffee shop, but i hate people so that doesnt really work.... maybe ill run a little doggie cafe where doggies can come hang out.

[supafamous]

I would love to run a neighbourhood coffee shop except that I have no confidence that I wouldn't run it into the ground in a year and I'm pretty sure it's not worth the hours I'd have to put in.

I am, however, happy to let you invest in my coffee shop.

[bcrdukes]

I'm working on a coffee shop case study (and coincidentally, a live client). Will let you guys know how quickly we would go bankrupt.

[bcrdukes]

Originally Posted by Badhobz

i too wanted to run a little coffee shop, but i hate people so that doesnt really work.... maybe ill run a little doggie cafe where doggies can come hang out.

Is your business model to cater to wild, feral dogs? I hate to break it to you, but you'll have to deal with dog owners.

[Badhobz]

Coyote Cafe it is then!

[bcrdukes]

Is that the name of supafamous' cafe? Or your business model?

Ok, we are going off topic. Sorry about that.

[Gerbs]

Originally Posted by supafamous

Beyond that I see golf, travel, and cooking as my primary hobbies in retirement - my kid turns 7 in a few weeks so if I retire early enough I'm still going to get to be a dad for quite a while too.

I cannot wait to stop working entirely - I'm so much happier and healthier in semi-retirement and I'm fine with giving up the income I used to have. I miss some of the nicer things but the trade has been a super easy one to make.

that's a sick plan, I can't wait to be a father / good partner. even now, I spend way more time with my mom than ever before.


there's so many ppl who drop the "i'd be so bored in retirement", they would've been bored either way haha

[supafamous]

Originally Posted by Gerbs

there's so many ppl who drop the "i'd be so bored in retirement", they would've been bored either way haha

Yeah, I find it crazy. I have a pal who plans to work till 58 (he's 50) to get his full pension from the feds but his primary reason to keep working is that he think he'll have nothing to do. His wife and him both have great pensions so there's no need to get a full pension in either case and his kids will be grown up soon. He could buy an RV and hang out in Mexico like his in-laws do or he could be fun empty nesters. So many options!

I get it if someone's been hard core working class where work is your life but time really flies - by age 75 most of the hobbies go away anyways as you don't have the energy so the earlier you can get into them the better.

[noclue]

Time to create RS Career & Retirement thread due to our aging demographic

[Traum]

Well... I'm still working on my proper retirement plan, but the backup plan is to work til 65, and then die at 67 lol~

It isn't a very good plan. But having a bad plan is still better than having no plan, right?

[bcrdukes]

Time to get the Subaru and drive it into the sunset with your wife (if she still sticks around after questioning your decision) LOL

[donk.]

Several years ago i was in home depot, there was an electrician helping me find something, probably in his 60s, i asked him why he is working at home depot instead of an actual electrical job

He said him and his wife sold their house, to retire, and bought a condo

Now he has nothing better to do because the condo is maintenance free + no garage / yard / deck / etc. So he works at home depot to fill his time.

[Gerbs]

Originally Posted by supafamous

I would love to run a neighbourhood coffee shop except that I have no confidence that I wouldn't run it into the ground in a year and I'm pretty sure it's not worth the hours I'd have to put in.

I am, however, happy to let you invest in my coffee shop.

Most ppl who run coffee / restaurants lose a fuck ton of money.

hence why there's that meme where I work 4 jobs so my wife can lose $20k/month in her cafe

Originally Posted by donk.

Now he has nothing better to do because the condo is maintenance free + no garage / yard / deck / etc. So he works at home depot to fill his time.

that's why I'm tryna front-load so much of my experiences and hobbies, I know by 65-90, I won't have the physical ability to do it at the caliber I wanna do my hobbies.

pretty emo but we're in a fortunate spot

[blkgsr]

i'm early 40's and been trying to convince my wife to move to asia for 10+ years

hate my job and would rather spend the time raising my child and enjoying life

you never know what your health is going to be at 50, or 60 or 70. we waste all our lives working just to stop working when we're old as fuck

[!LittleDragon]

Originally Posted by Gerbs

Most ppl who run coffee / restaurants lose a fuck ton of money.

hence why there's that meme where I work 4 jobs so my wife can lose $20k/month in her cafe

lol... The NoCup Cafe... only locals will understand...

Originally Posted by Gerbs

that's why I'm tryna front-load so much of my experiences and hobbies, I know by 65-90, I won't have the physical ability to do it at the caliber I wanna do my hobbies.

pretty emo but we're in a fortunate spot

Yah, health is important and you don't have a crystal ball. It's why I travel 3-4x a year... was going to go to Dubai last year but Qatar got bombed by Israel... definitely not going this year either... I also spend a lot of high end audio, just bought a pair of B&W Px8 S2's...

It's not just about mobility, it's about being blind and deaf... I want to see everything I can and listen to good music with clarity before those senses wither away... one moment you're 25 driving a convertible with the music blasting... next moment you're mid 40's with a constant ringing in your ear