That's it...had it with the rat race...

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JS80

Lifer
Oct 24, 2005
26,271
7
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Originally posted by: Naustica
Originally posted by: JS80
In other words you're sacrificing your retirement by about 10 years for 1 year of selfish joy?

You can take time off and still end up fine. I took couple years off and ate through some of my savings. But it also restored my drive, and I made up the lost savings pretty quick.

That's a good point. It may make someone work harder when they come back in order to "catch up," and actually get ahead of where they were before after a few years back in the "rat race."
 

redgtxdi

Diamond Member
Jun 23, 2004
5,464
8
81
Plus, if you have any kind of IRA already working for you, it certainly doesn't stop just because you're leaving.

And if you continue contributions to it as part of your 1yr plan (even if at lesser amounts), your nest egg will grow just as planned!!!

Go for it!!

It's something we'd all love to do but probably less than .01% of us have the balls to actually do it!

:thumbsup:
 

Dr. Detroit

Diamond Member
Sep 25, 2004
8,532
936
126
Did the same thing after almost 5yrs of employment and 70+hr work weeks. I asked for 4-months off. 2-weeks into my leave I got a tip on a new job. 2-weeks later I interviewed and 2-weeks after that I started my new job.

Moral of the story: Don't answer your phone!

 

Yossarian

Lifer
Dec 26, 2000
18,010
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81
You have a noble goal and I wish you success and happiness. A workaday job is not what life is about.
 

KarmaPolice

Diamond Member
Jun 24, 2004
3,066
0
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I am young..about the graduate college but I don't ever see myself getting in way over my head with bills. I know everyone must think this but really...I have absolutely no desire to be in dept for the rest of my life. I don't need fancy things and would be fine living with in my means. Even if I was making 80k a year in the middle of no where i would still live rather modestly and save up. I am going to graduate with no dept..so this helps. I hope to some day do what you do.
 

judasmachine

Diamond Member
Sep 15, 2002
8,515
3
81
What good is being productive if you can't enjoy it. There is more to life than money. Many will tell you that you're a bum, or some such thing, but they're either addicted to numbers, or someone who feels the same way but can't bring themselves to do anything about it.
 

dr150

Diamond Member
Sep 18, 2003
6,570
24
81
Blert,
Have you considered a Sabbatical?

This is a perfect way to get away from work, while still preserving your job if you decide to come back in 6-12 months after your battery is recharged...


BTW, I fully support your decision to enjoy life! This is what many cubicle Americans forget....work to live and not live to work.....the Euro way. Definitely enjoy your healthy years.....you won't get them back.


 
Dec 27, 2001
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I've actually never understood people who do what you're planning. I prefer to live a more balanced life where I get to do things I enjoy all the time between work.

A healthier and more long term rewarding route would be ask for a demotion or assistance at work.......probably not make as much and spend a few weeks each year along with weekends traveling or doing things you enjoy.

As it is, you're just going to continue to resent work after you return to it.
 

aidanjm

Lifer
Aug 9, 2004
12,411
2
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would your employer consider hiring a second person for your position (so each of you are working half time dividing the work between you)?
 
Mar 11, 2004
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Originally posted by: HeroOfPellinor
I've actually never understood people who do what you're planning. I prefer to live a more balanced life where I get to do things I enjoy all the time between work.

A healthier and more long term rewarding route would be ask for a demotion or assistance at work.......probably not make as much and spend a few weeks each year along with weekends traveling or doing things you enjoy.

As it is, you're just going to continue to resent work after you return to it.

The problem is that in today's world jobs are very demanding of your time or won't offer you the financial capability to doing something really interesting. This way you've got plenty of time to do what you want and aren't rushed (that's what I've hated about every "vacation" I've ever been on is my parents or myself have had to need to get back and so it never really feels like a vacation). If you find a place you like you can hang out there longer and if you don't like a place you can move on.

I myself would really like to do something similar. I keep telling myself to make a list of things I want to do before I die and so I have something to work towards beyond money and material posessions and the atypical family life.

Something I'd like to do is save up for a really nice car and then take a year just driving it around the country or maybe even another continent, seeing the sights that way.
 

iotone

Senior member
Dec 1, 2000
946
0
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good luck! don't forget any shots you may need!

i hope to do something like this someday!
 

Batti

Golden Member
Feb 2, 2000
1,608
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Go for it! You are only young once, and not very long at that. I took 10 months off between jobs once, and it's still the best time I ever had. Take the time to realize you can live with much, much less and be happier. You might just meet someone out there you never could have doing the daily grind.
 

Xstatic1

Diamond Member
Sep 20, 2006
8,982
50
86
Originally posted by: blert
Originally posted by: JS80
In other words you're sacrificing your retirement by about 10 years for 1 year of selfish joy?

Tsssk, tsssk.....

I'm really not giving up anything other than around a years wages. I know my employer would welcome me back in a heartbeat and for what I am making now. I'll still have my house (which is almost paid off), and still have a bit of money in the bank when it is over. I'm not married, their are no kids to worry about and the relationship I am in right now is definitely casual.

I'll end up selling off two of my vehicles (pure profit as I paid cash- and who needs 3 of them?) and the money I get from them will pay most of the bills for the first six month period.

And for those of you who think I must have GOBS of $$$$ in the bank in order to pull this off....I really don't, as a lot of what I have been making in the last year has gone to paying off everything that I own.

Now honestly, If you could make it happen- even if it meant you couldn't "have the latest video card" or "buy the latest Iwidget" or have to cook at home instead of going out for dinner every night; etc., etc.,- wouldn't you at least TRY???

That is what I don't want to happen- listen to the scoffers and the naysayers and not do anything. I have to at least try.... and if it doesn't work out....I'll be running right along side of you in everyone's favorite race....but if it does work out.....can you even imagine the possibilities? The experiences?..........can you?

oh go for it!!!! i think we can all hear the excitement in your typed words. who knows, u may not even want to return back to that same company...and pursue an entirely different line of work when u return.

cheers! :beer: :wine:
 

darthsidious

Senior member
Jul 13, 2005
481
0
71
Originally posted by: kamikaze27
Yes.
105mile commute, 13-15 hr days, 6 days/week.
6 months notice to resign.
Sold house, 3 cars, everything.
Gave up close to a 5 digit salary.

Sent sentimental paraphinalia to mother in 5 boxes.

That was September last year.
You wont regret it. I wont look back.

You mean 6 digit?
 

0

Golden Member
Jul 22, 2003
1,270
0
0
Not everyone can afford what you're suggesting, so great if you can!
 

pontifex

Lifer
Dec 5, 2000
43,804
46
91
Originally posted by: Aharami
you are the man. that is something I want to do, but dont have the balls to :(

fvck balls, i would so do this but i don't have the money.
 

blert

Senior member
Sep 30, 2005
926
1
81
I know a lot of people are mentioning "money". If you create a plan that includes what I am about to do, it can be done. You just need to make that the priority as much as possible as far as planning things out while keeping in the realm of reality. I understand what I'm about to do and am willing to make those sacrifices and lifestyle changes to make it happen. THAT is the only difference between you and me. Again I reiterate that I do not have gobs of money saved up, nor do I make a 6-figure income. If I stick to my plan, control expenses and liquidate a few unused and totally unnecessary items I should be good to go in ninety days.

After I submitted this thread yesterday I spent a couple of hours making a list of all of the things I am spending money on a daily basis. Taking a look at it this morning I've come up with ways to eliminate 2/3rds of those expenses- most of it was purchasing BS material possessions (damn you, marketing!) and stuff like going out for meals every day, paying for premium internet, a gym membership that I haven't used in months, having two online movie rental suppliers, two cell phone accounts, etc., etc. There was so much that even if I wasn't planning this trip I would still take action to eliminate a lot of the crap spending.

Another aspect is when I do start off on my journey is that I'm not going to be staying at 5-star hotels and driving around in a rental equivalent of a Cadillac. I've always had uncomplicated tastes and been an "outdoors" kind of person and will be traveling by bicycle. There is such a network of people who support this type of travel that for the most part I'll always have a place to crash. Yes it is dangerous, but no more than getting in your car and driving to work each day.

Keep a list of all the money you spend each day-down to the penny- you'll be surprised at how much you DO spend if you're not paying attention.

 

Lonyo

Lifer
Aug 10, 2002
21,938
6
81
Originally posted by: KarmaPolice
On my travels last year I met these two brits just graduated from college....apparently its normal for college graduteas in england to just travel for a year...lucky brits.

I'm planning to travel when I graduate.
Often people also take a year out between high school and college to travel too. I didn't do that, so my postgrad year off is a replacement.