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How do you know if you have enough?

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  • How do you know if you have enough?

    When is enough enough?
    Work has been rather insane lately and I'm wondering if I'm willing to take on another battle or if I should just get the hell out and go away with kids for a few months.
    In many ways walking away would feel like losing but damn its been a long year.

    Is continuous stress, tiredness and exhaustion worth it...

    T.

  • #2
    Originally posted by Ticker View Post
    When is enough enough?
    Work has been rather insane lately and I'm wondering if I'm willing to take on another battle or if I should just get the hell out and go away with kids for a few months.
    In many ways walking away would feel like losing but damn its been a long year.

    Is continuous stress, tiredness and exhaustion worth it...

    T.
    Have you considered working towards making a passion of yours into a career? I don't think stress, exhaustion, and feeling like losing are definitely not worth it. Find something that lights a fire within you!
    Check out my new website at www.payczech.com !

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    • #3
      When did you last take a holiday? A real holiday, turn off the phone and all your day-to-day routines. Is work insane seasonally or just more and more responsibility and tasks piled on? Can you book holiday time to reassess your situation. Have you discussed the issues with your supervisor/super ordinate?

      If you want to retire you need to make a plan. What will you do to fill the hours of your day? After three months off are you likely to be bored and seeking new employment?

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      • #4
        Financially, the accepted rule-of-thumb is that you have enough (for a 30-year retirement) when your financial assets -- not counting your home equity -- equal 25 times your annual expenses.

        Clearly, the easiest road to accelerate retirement is to lower your expectable expenses. For every $40 you lower your annual expenses, you also lower your "magic number" by $1000.

        Good luck!

        P.S. Or, like me, you can get very aggressive with your investing so as to generate more cash per year.
        Retired To Win
        I blog weekly on frugal living, personal finance & earlier retirement at:
        retiredtowin.com
        making the most of my time and my money

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        • #5
          Think about taking a vacation first. As much time as you can afford.

          If you're a good employee, don't quit. If you're done with the company, find something else first and stagger the start date so you have some time to yourself. Or, just become a lame employee and let them performance-plan you to death over the next year until you find something better. Why? because there's a better chance to collect unemployment and benefit payouts versus quitting, which, depending on the notice you give, nullfies your eligibility for unemployment and certain benefit payouts like accrued vacation, etc.

          Don't just crump. Plan your exit professionally if it's time to get out. Best case scenario, take a big ol fatty vacation and re-assess your plan when you return.
          History will judge the complicit.

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