[edited out]
I definitely admire anyone who has taken retirement early/earlier than expected. The finances is one aspect, but i think the psychology of it all, would be harder to overcome. Which is also part of the reason i am thinking about this now rather than later. Spending the bulk of your adult life going in cycles of work/home/weekend, work/home/weekend, work/home/weekend, does become an addiction that needs to be addressed.
I for one will not be weaning myself off, (that is, working for someone else, reducing clients, taking a part time tech job), it's going to be "That's it, I'm Done". We're closing shop (next week/next month/next year). By then i hope i have many i's dotted and t's crossed. Because once I am gone, I am not coming back! Which means i need to prepare myself, financially, physically and mentally as i don't know when that will be, but i know it will come sooner rather than later!
It will be compounding factor that leads everyone to make the call. Completely Voluntary is wishful thinking, we all like to think we made that decision on our own terms, but it could be shitty boss, mental breakdown, lost of a major account/customer, the list can keep going, that make us re-evaluate where we are in life, where we want to be and most importantly where we can be.
Yep.. exactly.. there can be some threshold issues that can make differences in regards to whether the amount of work necessary in order to keep a job x kind of a situation going does not seem to be worth the amount of calculated effort as compared with the potential benefit - and while making the various calculations the answer might not be exactly clear.. and even the idea of making the decision to go down the path of "no x" might not be easy in the sense that there would likely be a preference that down the road (into the future) to not have to consider having to go back to "x" or some kind of "x" variation once "no x" has been chosen.
You are right, i don't expect to have everything sorted out before such date, but hopefully i would have had the bulk of my plan sorted. hopefully...
Yep.. you might still be able to plan for a variety of winding down scenarios, and perhaps even have some preferred scenarios
(perhaps preference of going cold-turkey scenarios) - while expecting that there could be circumstances in which the less preferred scenarios could end up playing out.. and surely the less preferred scenarios would still be within the realm of acceptable paths (especially since you had already prepared for a variety of scenarios, even less preferred scenarios).
On another note, what was/is your job x and job y?
For now, and through out various historical posts of mine, I have likely given enough details of my job x versus job y, yet it may be worth saying that prior to my giving up job x in 2013, I had largely already been doing some variation of job y..
Job x related way more to a kind of traditional JOB of
working for someone else - even though there was a lot of professional discretion contained therein, and even lucrative and interesting side projects and professional opportunities, and job y had a lot more self-direction in the sense of having a side business and working with a business partner, some contractors, venders, clients and customers.
So maybe even job y had a certain kind of existence during the period of time in which I still was carrying out job x, and then job y ended up evolving into more work by me after my having given up job x, but then into 2014 and 2015, job y evolved in some ways that I had not exactly anticipated (and likely part of the reason that job y evolved in some of the more involvement by me directions was related to my no longer having job x (or variations of job x) occupying my time and energies), so in some sense after job x is no longer in the picture, job y ends up having several kinds of branches (and perhaps even some complications and difficult choices) in which some of those were sub choices that evolved were not completely voluntary.. but surely involving partner disputes and then various ways to negotiate and/or to force certain kinds of resolutions..
And, even if there might be some ways in which winding down could be described as being attempted even while the business was still operating, there may be ways of also considering whether there were ways in which the business might be sustainable rather than winding down, but surely clearer and clearer resolutions about the need to wind down rather than sustain.. especially getting into 2017 and then decisions to proactively take proactive, concrete and not reversible winding down measures in 2018/2019.. .
For sure, aspects of Bitcoin were involved all around my various kinds of jobs, activities, incomes, benefits, and attempts to weigh various kinds of financial (and security structures) that I had in place in late 2013.. while at the same time that I was first considering various kinds of ways to supplement my already existing investments in late 2013 that would relate to my no longer having the perks of job x.. but then to still maintain some kind of supplemental investments that brought bitcoin onto my radar, into relevance and even into seemingly a good potential fit for me and my then circumstances in terms of filling in what I considered to be some holes of my own various investment portfolio allocations.
So, even from my amorphous rendition of issues that may well have played out for me between late 2013 (when I first got into bitcoin) and then continuing largely to invest and accumulate BTC between 2014 and 2016 (perhaps still believing that I was accumulating a wee bit into 2017 too) and then also BTC price performance during that time, you might be able to identify how bitcoin may have played some roles for me in terms of how I thought about my job y or various struggles (and juggling) that I may have been experiencing in going through various balances in relation to job y, when bitcoin also continued to be an ongoing personal and side investment for me that continued to provide me with more security on the side (that was not really intertwined in any kind of a meaningful way with job y).. and even how bitcoin's then price performance over more than one whole cycle.. and even bordering on then two cycles assisted me in weighing about how much value (or not) is coming from my staying involved in variations of job y.
hahahahha
I realize
while typing my relatively short rendition that I probably did not even answer you in ways that you would have had preferred.. but why do I care?
Poll
