Have been toying around with the idea of cutting back working hours for some time -- spend more time with kids, learn guitar, finish novel I've been messing around with. 48, married with two kids, and have funded retirement funds where standard of living in retirement (if I live that long) will be higher than currently so saving anymore doesn't make much sense. Kids 529s are funded. House paid off, 800,000 in 401k/IRA, about 1.2 million net worth. But all of that's locked up in the house or in retirement funds.
Figured that between now and retirement I'd just get a part-time job that would cover the gap. With high level of saving out of the equation, looks like we'd only need about 40k to live, 50k/60k would be idea. My wife has a small side business that makes let's say 20k a year. So, I really don't need to make all that much. Maybe 35k to be safe. Unfortunately, it'd be nice to have insurance as well. Finding out quickly that the affordable healthcare act isn't as affordable as advertised.
Couple weeks ago my hand was forced with I had to quit my job of 20 years for reasons that aren't important here. Funny thing is immediately I started scrambling for full-time positions with insurance that'd plug up the hole. Anything that I thought I might be remotely qualified for got a resume -- technical writing positions, ui design, anything video. Nothing I'd really want to do, especially the video work which I'm really burnt out on. Looked around a bit at parttime work, flex jobs, but everything I'm seeing is low pay where correcting for inflation I would've been better off keeping my high school dishwashing job. Little conflicted at this point.
Anyone got any resources, heard of any good telecommuting jobs or flex jobs, or parttime work that I might want to consider? Fishing for ideas.
I'll give one if anyone out there is struggling with the same problem. Through Craigslist my wife started a small business where she helps elderly people in their homes doing just about everything. She absolutely loves it. 25 dollars an hour. One problem is it's not constant as it would be if you're working a straight eight hour day. There's holes in the day, especially when you're taking care of multiple clients per day.
Anyway, any ideas would be great.