What's the number?

[digitaldeath]

the OLD FUCK of OLD FUCKS thread, official bootlicker uncle sam leech shit


here's an idea, focus on enlightenment as opposed to enrichment

[Timberridge]

“The road to enlightenment is long and difficult, and you should try not to forget snacks and magazines.”
--Plato

[neufox47]

That's a good setup unless there's some significant overhead obligation tied to it, which is the case for 95%+ of arbitrators and mediatiors, e.g., office, staff. Steady arbitration/mediation work @ zero overhead would be sweet, but only a few can pull it off. I know a couple of guys who are doing zeroOH neutral work and another couple hundred who dream of getting there.

And, no, working out retirement #s is nothing like calculating the # of licks to get to the center of a Tootsie pop unless you've surrendered to the work-until-you-die life.

Yea, basically no overhead, works out of his house. Leveraging a career of relationships for business and milking the insurance market.

[strawjack]

and milking the insurance market.

Just what we need more of.

[brice618]

I started a similar thread and searched the title and found this one. Close enough.

My question is this:

How many years would it be worth shaving off your "required" work life to stay somewhere you'd rather not stay. IE - If you make enough money to "retire" at 45, 50, 55 would it be worth spending the next 15, 20, 25 years somewhere that is fairly unfulfilling.

[BFD]

I started a similar thread and searched the title and found this one. Close enough.

My question is this:

How many years would it be worth shaving off your "required" work life to stay somewhere you'd rather not stay. IE - If you make enough money to "retire" at 45, 50, 55 would it be worth spending the next 15, 20, 25 years somewhere that is fairly unfulfilling.

I think you are missing the point.

[Todds]

I started a similar thread and searched the title and found this one. Close enough.

My question is this:

How many years would it be worth shaving off your "required" work life to stay somewhere you'd rather not stay. IE - If you make enough money to "retire" at 45, 50, 55 would it be worth spending the next 15, 20, 25 years somewhere that is fairly unfulfilling.

Do you mean the 15-25 pre-retirement years somewhere "fairly unfulfilling" or the retirement years?

[Buster Highmen]

Do you mean the 15-25 pre-retirement years somewhere "fairly unfulfilling" or the retirement years?

I read it as the former.

I have good friends who made a choice to be in the military which may satisfy your definition of 'somewhere you'd rather not stay'. But wtfdik.

That's not something I could do, but it's working for them.

That said, I am in a position of much higher stress that I want to be and I'm guessing that's the case for most jobs. Unless of course you're smart enough to get a decent gig doing something you love. I'd think that's worth more than anything in the career dept.

As for the OP, for me it's $4M.

[brice618]

Do you mean the 15-25 pre-retirement years somewhere "fairly unfulfilling" or the retirement years?

The pre-retirement years.

I'm having to make this decision if that isn't obvious enough. Doing satisfying work, mostly the way I would want to, and making very good money, except that the location is basically the cultural opposite of what I actually want to be apart of.

Alternately I move to where I want, start a business doing the same work, or near to it, and work an extra decade if I'm lucky (or more likely two).

Point is, I can reach "the number" a whole lot faster (including the shorter working years) in almost a sure thing situation if I choose to stay where I am. Then I have, say, 30 years to A) do exactly whatever I want work-wise B) hate that I wasted my "healthy" years living somewhere I'm not actually inclined to love.

[iceman]

I guess I'm in the "get it over with" school. Grind it out and get done. You'll still have vacations and a family theoretically and since you're working most of the rest of the time, does it matter that much where you're working? (Assuming you're working inside, I guess). Then once you get it done with, do whatever you want with your free time, live where you want to be.

[Danno]

I think it somewhat depends on how awful the place is.

[Deebased]

I'm wondering how you guys get to the sit and chill mode. I tried to retire in 2008, got bored after 10 days and started a new company. I'm not sure how anyone can sit on their hands and chlll there's too many ideas blasting around the old noggin

[frorider]

I'm already on the board of a local non-profit, but yeah when I semi or fully retire that's the sort of thing I'll do more of.

[XXX-er]

Ya mon, take drugs, hang out, chill, mebe just sit there crosslegged and ... BE ?

Lately, I'm kind of into Yoga

well actualy I just date the instructor

but I think about the business side of yoga quite a bit

ommmmmmm ...

[iceman]

Yeah but are you sitting on your hands while you do it?

[Meadow Skipper]

I'm wondering how you guys get to the sit and chill mode. I tried to retire in 2008, got bored after 10 days and started a new company. I'm not sure how anyone can sit on their hands and chlll there's too many ideas blasting around the old noggin

Who's sitting on their hands? Not all good ideas or motives lead to starting companies.

[hitek79]

I'm wondering how you guys get to the sit and chill mode. I tried to retire in 2008, got bored after 10 days and started a new company. I'm not sure how anyone can sit on their hands and chlll there's too many ideas blasting around the old noggin

This is why my number would need to be huge. Like 400k a year in residual income. In order to not get bored, I would need to be able to afford doing fantastic shit every single day. Sitting on my couch doing nothing wouldn't work for me.

[iceman]

This is why my number would need to be huge. Like 400k a year in residual income. In order to not get bored, I would need to be able to afford doing fantastic shit every single day. Sitting on my couch doing nothing wouldn't work for me.

You should probably keep working man.

[Tippster]

This is why my number would need to be huge. Like 400k a year in residual income. In order to not get bored, I would need to be able to afford doing fantastic shit every single day. Sitting on my couch doing nothing wouldn't work for me.

My plan is to move to where I plan to die once the wife and I are done working. We both really enjoy our work so it's not a chore to wait. When the time comes we'll sell our house, downsize, and roll the difference into our investments. The draw on those, combined with 2 Social Security payments and Medicare will easily support us indefinitely, including multiple trips to go skiing or sightsee every year. Worked for my folks and they were mid-level Federal employees. Shit, my mom did all that after my dad died and she just left my kids a trust large enough that school is no longer a financial burden.

[Bromontana]

Gf gets early retirement in a few years. Planning to drop out of the 9-5 wage slave gig and blow savings either on weed or speculating. Gotta convince her to move to a green state, but it feels like a solid plan. Another 10 years of cube jockeying would create Falling Down, Part Deux.

[XXX-er]

Yeah but are you sitting on your hands while you do it?

You know that might be the $$$ move, I was pointing out the other day that "Hot yoga" sounded to me like a buncha women paying $$$ to experience how menopause feels which seems counter productive but it works eh ... better trade mark that move

[dtown]

Goal is less of a total # vs an annual #...would like about $200k-$250k/ year with no mortgage. Plan is to build and pay for the dream retirement home 3-5 years prior to retirement. Live there, travel wherever we want and still have some comforts but that's 20 years away so wtf do I know.

We're also living in a place we don't like for the career reason. Left both Denver and Seattle for TX so the days of skiing or fishing before or after work are gone we also have 3 small kids so not sure how much of that there would be right now anyway. I do miss being around like minded people but whatever...I am starting to craft my skills at being a baseball and hockey coach for the little guy!

[Deebased]

Who's sitting on their hands? Not all good ideas or motives lead to starting companies.

Its true but most good ideas lead to hard work if you want to see them prosper.

[Deebased]

Gf gets early retirement in a few years. Planning to drop out of the 9-5 wage slave gig and blow savings either on weed or speculating. Gotta convince her to move to a green state, but it feels like a solid plan. Another 10 years of cube jockeying would create Falling Down, Part Deux.

That bus will have left the station by then. If you're following the industry; shit is moving incredibly fast in both the MMJ states and the Rec. Big Pharma and Tabaky are already working and/or buying up producers, we'll see another half dozen states in 2016 with up to a third of the population with access to Rec. At that point if you don't know someone or have plenty of $$$$ to build a brand you're going to get slaughtered.

[Obstruction]

54-46 That's my number.

Four years after my first post in thus thread and my number is half of what it was then. Good thing too because I said fuck it and hit the door at 59 1/2. Big difference is much smaller liability side and a really close look at our real cost of living.

Most people are surprised to see how much it "costs to work. Taxes, commuting, convenience food etc. The year before I hit the silk we budgeted to spend only what our combined income would look like post my retirement (my retirement draw and wife's salary -- thanks honey!). It worked then and it works now.

Another piece of my strategy is that I refuse to hire anyone to do anything I can do or figure out how to do. Painting, carpentry, auto repair, cooking shopping etc. That's put some serious coin back in my pocket and kept me out of trouble. In addition the management agreed to unlimited ski days as a part of my contract to be a full time house bitch.