Author Topic: I'm taking a mini-retirement  (Read 3912 times)

k290

  • Stubble
  • **
  • Posts: 170
  • Age: 29
I'm taking a mini-retirement
« on: April 08, 2018, 11:53:39 AM »
I recently became a millionaire in my local currency. Which is not much compared to USD millionaires. Anyway I'm already tired after 4 years of working.

So I quit.

I'm taking about 3 months off. Also going to Italy with my dad for a holiday for two weeks. Its where he was born and I'd like him to show it to me while we still have the chance and he is alive.

I don't have a new job lined up, but I have enough money to keep me going for a while. It also gives me the opportunity to try freelancing.
I'm about a quarter of the way to FIRE.

Dicey

  • Senior Mustachian
  • ********
  • Posts: 13009
  • Age: 62
  • Location: NorCal
Re: I'm taking a mini-retirement
« Reply #1 on: April 08, 2018, 02:17:59 PM »
Good for you!

EarthSurfer

  • Stubble
  • **
  • Posts: 136
  • Location: 5280
Re: I'm taking a mini-retirement
« Reply #2 on: April 08, 2018, 10:18:46 PM »
Go For It!

As my signature says...

Retired Early, Retired Often since 1998...

Taking a mini retirement is always a good idea.

Cheers,
EarthSurfer

itchyfeet

  • Pencil Stache
  • ****
  • Posts: 920
Re: I'm taking a mini-retirement
« Reply #3 on: April 09, 2018, 03:42:05 AM »
I quit and travelled for 3 months back when I was 29. Best thing ever.

I donít think it set me back in terms of early retirement at all, as it allowed me to move industries which led to a higher salary later on. If anything I possibly wish I had taken more time off work when I was younger, but it is definitely a balancing act to take off as much time as possible without hindering your career or hindering savings. I have no regrets.

I managed 3 months off at 29 and another 3 months off at 36. I am now 46 and will take an indefinite amount of time off from the end of this year. Maybe permanent time off, but at least 6 months.

Enjoy your travels, and best wishes for the next segment of your career.

scottish

  • Handlebar Stache
  • *****
  • Posts: 1652
  • Location: Ottawa
Re: I'm taking a mini-retirement
« Reply #4 on: April 09, 2018, 02:20:06 PM »
I like it.   I'm planning this next summer (2019).   It may turn into a maxi-retirement though...  :-)    When I was younger I did this twice, once in the middle of grad school, and the second time I was able to finagle 2 months off without quitting.   It was great!

wbranch

  • Stubble
  • **
  • Posts: 180
  • Age: 31
  • Location: Some Mountain Ridge
Re: I'm taking a mini-retirement
« Reply #5 on: April 09, 2018, 06:03:17 PM »
Have fun!

Last summer I had 3 months off and my wife had 2.5 months. Trying to figure out the next time we can make it work.

Accidental Fire

  • Stubble
  • **
  • Posts: 133
    • Sweet designs for your outside lifestyle
Re: I'm taking a mini-retirement
« Reply #6 on: April 10, 2018, 05:33:57 AM »
Enjoy... I'm on a semi-retirement right now. Down to working 20 hours a week at my W2 job.  It's pretty sweet!

k290

  • Stubble
  • **
  • Posts: 170
  • Age: 29
Re: I'm taking a mini-retirement
« Reply #7 on: June 07, 2018, 08:57:42 AM »
An update.

I'm now a month and a week into my mini-retirement. Time has flown so fast. I've been doing online courses and discovered a new potential career path that I think I may pursue. Fixed up my diet and started going to meditation classes on Wednesday evenings. Made contact with some old friends. While I was working I could never bring myself to socialise on a weekend due to sheer exhaustion. This weekend I have two dates and two meetups with friends planned.

Life with out work-induced phases of depression, stress and anxiety is glorious.

Unfortunately my mini-retirement is coming to a partial end. I have to kick off some freelance work within the next couple of weeks. Although this still beats working the corporate grind and it will only be 20-30 hours a week.

Lessons learned:
FIRE will definitely be for me.
I don't get bored while retired. I still had so much I wanted to do but never got around to.
« Last Edit: June 07, 2018, 09:01:00 AM by k290 »

teltic

  • Bristles
  • ***
  • Posts: 310
Re: I'm taking a mini-retirement
« Reply #8 on: June 07, 2018, 03:43:46 PM »
Holy shit I needed to read this! Congrats!  I'm so jealous!!!

How old are you (if you don't mind)?  I've been thinking about doing a mini retirement myself.

What did you plan to do while on mini-retirement?  2 weeks of Italy, then the rest of "winging it"?


Cool to hear you spent your time dieting, meditation, connecting with old friends, and dating.  I could use all of the above!

How long did you think about this before you just did it?  Why did you decide to take this mini-retirement?

mathlete

  • Handlebar Stache
  • *****
  • Posts: 1549
Re: I'm taking a mini-retirement
« Reply #9 on: June 07, 2018, 03:53:18 PM »
Have a good time!

JoJo

  • Handlebar Stache
  • *****
  • Posts: 1595
Re: I'm taking a mini-retirement
« Reply #10 on: June 07, 2018, 04:26:14 PM »
Mini Retirements Rock!  Have fun.  Drink Chianti.

FiveSigmas

  • Pencil Stache
  • ****
  • Posts: 512
Re: I'm taking a mini-retirement
« Reply #11 on: June 07, 2018, 05:27:46 PM »
Mini Retirements Rock!  Have fun.  Drink Chianti.

I'd recommend skipping the mystery meat, though -- especially if it comes with a side of fava beans.

Seriously, though, many congrats on taking the leap. It's fantastic how much a solid chunk of unstructured downtime can change one's perspective.

k290

  • Stubble
  • **
  • Posts: 170
  • Age: 29
Re: I'm taking a mini-retirement
« Reply #12 on: June 09, 2018, 02:37:14 PM »
Holy shit I needed to read this! Congrats!  I'm so jealous!!!

How old are you (if you don't mind)?  I've been thinking about doing a mini retirement myself.

What did you plan to do while on mini-retirement?  2 weeks of Italy, then the rest of "winging it"?


How long did you think about this before you just did it?  Why did you decide to take this mini-retirement?

Im 27.

I didnt plan much. I knew I wanted to update some of my software development skills as Ive fallen behind over the years. I also wanted to travel around locally but I haven't had the time. So yes for the most part winging it.

I probably thought about it for a few months. I decided once I hit a professional and financial milestone I could use a break.

The reason I decided to take it is straightforward. I have the money, the alternative is working, so I can buy myself some happiness for a couple months. I think I'll probably do this every 4 years or so of work
« Last Edit: June 09, 2018, 02:39:23 PM by k290 »

flower_girl

  • 5 O'Clock Shadow
  • *
  • Posts: 35
  • Location: NZ
Re: I'm taking a mini-retirement
« Reply #13 on: June 09, 2018, 06:24:05 PM »
@k290 this is awesome.

Sounds like you're fulfilled and happy so what more could you ask for! All the best.

2Birds1Stone

  • Walrus Stache
  • *******
  • Posts: 5984
  • Location: Earth
  • K Thnx Bye
Re: I'm taking a mini-retirement
« Reply #14 on: June 09, 2018, 06:44:53 PM »
Awesome, more of a long vacation than a mini retirement, and I hope to do the same next year!

Dee

  • Pencil Stache
  • ****
  • Posts: 773
  • Location: Ottawa, Canada
Re: I'm taking a mini-retirement
« Reply #15 on: June 09, 2018, 07:55:41 PM »
Sounds great! Glad you updated. Long live the mini-retirement.