Two thirds


I left work almost to the very day when I had lived equal time on two different continents. The first half was spent growing up in different parts of Australia, while the second half has been spent getting married, raising a family and working in England. Is this my half-time, or do I have another third still to come?

I can look back at my early life with nostalgia, regrets, fond memories and laughter. The second seems to have been more of a grind, due perhaps to the efforts of raising a family and “doing time in the big city”. I didn’t enjoy work – not in the sense that I hated every minute of it and I had great colleagues and fun times, but the sense of purposefulness was missing. I really couldn’t see the point of it and the repetitiveness became a grind.

It was remarkable to realise that my life changed radically at exactly the same amount of time from when the first had occurred, and it was a moment of serendipity for me. Personally I don’t have great ambitions nor aims for what happens next; perhaps it will be the the third season of my life, the autumn before the winter or perhaps it will be a new era of discovery.

Whatever comes, I will examine it with interest.

Just One More Year

Financial Independence, Retire Early (or ‘FIRE’) is the domestic monetary policy that says when you have enough, you stop working. After all retirement is just earning money by other means.

I’ve gone the FIRE route and are stopping regular, salaried work. While I’m not sure that this will mean stopping all paid work (‘retirement’ itself being a concept that is changing), it does mean stopping any notion of a ‘career’ and simply getting money through anything that works – barring illegal activities of course!

A corollary of taking early retirement is the “just one more year” syndrome where you feel that you would like to stop working but think that one more year of a regular salary can help you pay off the mortgage, get the children through university, create a nest egg, or whatever. I encountered a quite few colleagues who felt this applied to them. Once I started planning and saw that my outgoings could be controlled and that I could achieve what I felt was a comfortable existence the idea of trying to make extra money seemed ridiculous. When would enough be enough?

You’ll never get as much income as when you are working and if you really cannot make your outgoings be less than your incomings, then you will never be able to stop work. As someone noted usually the event that gets you to stop thinking this way is something like a big workplace bonus, a buyout or redundancy offer, a friend’s health crisis or death, or a personal health crisis. For me it was a mix of redundancy offers which seemed to come around every couple of years (I personally sat through about five over the last ten years) combined with some maths that showed me I could survive outside the system. Once the next offer came around, I jumped at the opportunity and was the first to apply.

But it took guts to stop the job I had continuously for 25 years. I still have a very small mortgage (which will be paid off from my redundancy lump sum) and my grown up children still haven’t fledged yet. I walked back from posting my papers with tears in my eyes, and are still washing those decades of work out of my hair.

But the sheer energy and happiness I have now is amazing. I’ve helped with a week-long children holiday club, helped Syrian refugees in Europe, and gone on an overseas trip with my church. I’m looking at helping build houses with Habitat for Humanity, and exploring other things where my skills fit with a need. Every day I look forward with expectation as to what I can do and create without any feeling that I have to do tasks.

I’ll close with a quote from one of the early retirement forums:

“It’d be especially sad to work longer for more money while missing an opportunity to do the tremendously satisfying things that don’t happen to require much money at all.”