Author Topic: How much did you end up working post FIRE?  (Read 3691 times)

DrSweden

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How much did you end up working post FIRE?
« on: August 17, 2017, 02:30:12 AM »
I am about half way to fire (in money not time. Hopefully the other halt will go faster). I work as a psychiatrist and like my job. What I don't like is having to be there every day and working 50 hours a week. Being on call during night and on weekends. I am planning to become a SWAMI. I have also thought about working more in wintertime and not at all in summer (may-sept). With a long christmas breake that would be about 50%. I really like the thought of working when I want and not having to work.

So after FIRE, how much did you end up working?

Gunny

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Re: How much did you end up working post FIRE?
« Reply #1 on: August 17, 2017, 05:58:16 AM »
I sub a few days a month during the school year.  But, as you know if you read my post just below yours, this morphed into a temporary full-time gig. But it's nice to know I don't have to work and I actually enjoy the work teaching/mentoring kids in the JROTC program. 

DrSweden

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Re: How much did you end up working post FIRE?
« Reply #2 on: August 17, 2017, 06:25:48 AM »
I sub a few days a month during the school year.  But, as you know if you read my post just below yours, this morphed into a temporary full-time gig. But it's nice to know I don't have to work and I actually enjoy the work teaching/mentoring kids in the JROTC program. 

Yes I saw that. Is it more fun to teach now when you don't have to? It is a big difference between signing up to work a few months to taking a job and having to resign if you want to stop.

libertarian4321

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Re: How much did you end up working post FIRE?
« Reply #3 on: August 17, 2017, 06:58:25 AM »
After 4 years of more or less full time retirement (I did occasional consulting when requested, but it was only a few times a year), I'm not working, more or less, full time. 

But it's working from home, with an understanding that I won't work more than 40, won't work weekends, won't work late, and don't have to deal with clients.  So it's super low stress.

And, of course, it's nice to know that I can quit (again) at anytime.

Did I mention that this "working from home" thing is cool?  There were a lot of things I hated about working in an office -office politics, dealing with PITA clients, even dumb things like the seemingly daily collections for one dumb thing or another.  But one of the WORST was the daily hump through traffic, coming and going.  Probably not a big deal if you work in a small town, but when your office is located downtown in a major city, and you live in the suburbs, it sucks.

koshtra

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Re: How much did you end up working post FIRE?
« Reply #4 on: August 17, 2017, 12:48:59 PM »
I work a twenty-hour week (really more like 16 hours usually, but occasionally more like 30) running the database for a wonderful non-profit, and do five or six long massages a week... so maybe it works out to about a 25, 30 hour week? I don't know whether to call myself FIRE'd or not. I could quit it all tomorrow, and everything I do, I do because I love it... it's kind of the perfect life: I never do so much of anything that I get tired of it, but I always have a place to go and stuff to do.

DrSweden

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Re: How much did you end up working post FIRE?
« Reply #5 on: August 17, 2017, 01:00:40 PM »
After 4 years of more or less full time retirement (I did occasional consulting when requested, but it was only a few times a year), I'm not working, more or less, full time. 

But it's working from home, with an understanding that I won't work more than 40, won't work weekends, won't work late, and don't have to deal with clients.  So it's super low stress.

And, of course, it's nice to know that I can quit (again) at anytime.

Did I mention that this "working from home" thing is cool?  There were a lot of things I hated about working in an office -office politics, dealing with PITA clients, even dumb things like the seemingly daily collections for one dumb thing or another.  But one of the WORST was the daily hump through traffic, coming and going.  Probably not a big deal if you work in a small town, but when your office is located downtown in a major city, and you live in the suburbs, it sucks.

Working from home seems very nice. I do that sometimes as a consultant to the medical industry. It is nice to be alone at home and not having to ge somewhere.

I work a twenty-hour week (really more like 16 hours usually, but occasionally more like 30) running the database for a wonderful non-profit, and do five or six long massages a week... so maybe it works out to about a 25, 30 hour week? I don't know whether to call myself FIRE'd or not. I could quit it all tomorrow, and everything I do, I do because I love it... it's kind of the perfect life: I never do so much of anything that I get tired of it, but I always have a place to go and stuff to do.

I can see myself working 3 days a week. that leaves me with 4 days of.

jim555

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Re: How much did you end up working post FIRE?
« Reply #6 on: August 17, 2017, 01:06:06 PM »
So after FIRE, how much did you end up working?
Zilcho. Nada. Work is a 4 letter word.

Gunny

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Re: How much did you end up working post FIRE?
« Reply #7 on: September 04, 2017, 10:03:44 AM »
I sub a few days a month during the school year.  But, as you know if you read my post just below yours, this morphed into a temporary full-time gig. But it's nice to know I don't have to work and I actually enjoy the work teaching/mentoring kids in the JROTC program. 

Yes I saw that. Is it more fun to teach now when you don't have to? It is a big difference between signing up to work a few months to taking a job and having to resign if you want to stop.

I've always enjoyed working with kids.  I've coached for years.  This is just another form of coaching and I do enjoy knowing that it's just for a couple of months.

nancy33

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Re: How much did you end up working post FIRE?
« Reply #8 on: September 04, 2017, 08:53:24 PM »
Hi there I'm a psychiatrist as well. How will you manage the overhead costs if you work so little? The medical license, DEA, CME, malpractice, etc and how will u avoid call? I've been wondering this for myself. I own my office condo and work 3/4 time right now. I don't even mind the call so much, I have good colleagues and we share call and cover each other for vacation.  it is the hassles with paperwork, insurance, charting, pharmacies, and just running a business that get to me. However I couldn't tolerate being an employee again. So I think I might just FIRE and give it all up. I was wondering about volunteer work with a free clinic though. Honestly I have spent so much of my life practicing medicine I would like to try something different for a change. I am worried though you cannot just walk away from medicine and then decide a couple of years later you want to come back to it. It is a real dilemma ! I could FIRE at 50 in less than a year if my husband works 7 more years and I think we then could maintain our current middle class lifestyle indefinitely.
« Last Edit: September 04, 2017, 08:57:29 PM by nancy33 »

soccerluvof4

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Re: How much did you end up working post FIRE?
« Reply #9 on: September 05, 2017, 12:06:45 PM »
I have worked Zero! 2 years 4 months. I do look now and a then but I am just to busy to commit time and being fair.
" In life you don't get what you deserve you get what you negotiate"

mandy_2002

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Re: How much did you end up working post FIRE?
« Reply #10 on: September 05, 2017, 03:15:54 PM »
I'm a Peace Corps Volunteer and a FIREee, so I am technically retired and have a full time job...but I can choose what time I spend where.  I work on my language about 4-5 hours/week; when school is in session, I have to be in a classroom for 18 class periods/week; the STEM science camp we launched took about 80 hours last week and during the previous camp, but 2-5 hours/week before we actually did the camps; I can also do small clubs, which for me are all hands on science clubs for students or adults.  I don't really get paid (the $350/month readjustment allowance should be a nice chunk of change by the end of service, though), but the STEM activities that I do here are extremely rewarding for me. 
Retired:  April 2016
Currently:  Serving in the Peace Corps
Sure this is technically a job (the toughest you'll ever love, I hear), but I went from 60-90 hrs a week to living in a foreign country on Uncle Sam's dime teaching English ~20 hrs/week when schools in session, so I'll take it.
What's next?  Spain!  Vietnam!  Several countries in South America!  I may have a problem.

goatmom

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Re: How much did you end up working post FIRE?
« Reply #11 on: September 05, 2017, 06:09:35 PM »
How about telepsychiatry?  You can work from anywhere.

DrSweden

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Re: How much did you end up working post FIRE?
« Reply #12 on: October 27, 2017, 03:18:47 AM »
Hi there I'm a psychiatrist as well. How will you manage the overhead costs if you work so little? The medical license, DEA, CME, malpractice, etc and how will u avoid call? I've been wondering this for myself. I own my office condo and work 3/4 time right now. I don't even mind the call so much, I have good colleagues and we share call and cover each other for vacation.  it is the hassles with paperwork, insurance, charting, pharmacies, and just running a business that get to me. However I couldn't tolerate being an employee again. So I think I might just FIRE and give it all up. I was wondering about volunteer work with a free clinic though. Honestly I have spent so much of my life practicing medicine I would like to try something different for a change. I am worried though you cannot just walk away from medicine and then decide a couple of years later you want to come back to it. It is a real dilemma ! I could FIRE at 50 in less than a year if my husband works 7 more years and I think we then could maintain our current middle class lifestyle indefinitely.

First of all I work in Sweden and we don't have a system for having a private practice. There are some but they are hard to come by and not really Worth the energy. As you say you have to have office, and so on. We are lacking 25-30 % of the calculated need for psychiatrist. We have a system where you just moon light for a week at a time in places where they are short staffed. The pax is 2-3x the normal amount. So working maybe 8 weeks a year would cover my spendings. I could also make a deal with my employer to work less. The have to be flexible because of the shortage.

I like being a doctor but not all the time.

DrSweden

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Re: How much did you end up working post FIRE?
« Reply #13 on: October 27, 2017, 03:20:01 AM »
How about telepsychiatry?  You can work from anywhere.

Yes that is a good idea. That market is developing fast in Sweden and in the future that will be a good option for me.

Linda_Norway

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Re: How much did you end up working post FIRE?
« Reply #14 on: October 27, 2017, 03:50:32 AM »
I am about half way to fire (in money not time. Hopefully the other halt will go faster). I work as a psychiatrist and like my job. What I don't like is having to be there every day and working 50 hours a week. Being on call during night and on weekends. I am planning to become a SWAMI. I have also thought about working more in wintertime and not at all in summer (may-sept). With a long christmas breake that would be about 50%. I really like the thought of working when I want and not having to work.

My DH has a former colleague who retired the normal way, after 67. He does what you are planning to do. He doesn not work in the summer. And up to a certain number of hours otherwise. He works as a consultant, a very experienced one. But he doesn't do the hassle of administration and people's management. Only does the stuff he likes to do.


We are lacking 25-30 % of the calculated need for psychiatrist. We have a system where you just moon light for a week at a time in places where they are short staffed. The pax is 2-3x the normal amount. So working maybe 8 weeks a year would cover my spendings. I could also make a deal with my employer to work less. The have to be flexible because of the shortage.

I like being a doctor but not all the time.

This sounds like a brilliant alternative, working very little with extra high pay. But it might include some travel to other cities. But that probably doesn't matter for 8 weeks a year.

Cassie

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Re: How much did you end up working post FIRE?
« Reply #15 on: November 01, 2017, 03:37:23 PM »
After retiring I was offered a chance to teach an online college class in my field. I can do it from anywhere there is internet.  I work about 36 weeks/year and probably about 10 hours/week on average.