Well... Piss on it

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Der Fritzenroller... I just realized it only seats one... I better get the other bike ready for the street before Frau Fritz notices.
 
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When I was 62 I decided to retire and move interstate to where most of our kids and grandkids were living. I loved the job I had and was proud of what my organisation had achieved, but it felt like time to take a new direction in life.

On the threshold of leaving, a friend told me about a vacant CEO job in my destination city. He told me that it had lots of challenges, and that was enough to entice me into one last fling.

Big mistake. After the previous twelve years of working with lots of freedom under a strong and supportive board, I thought I could handle anything the new job threw at me. It was a reasonably large ($55m annual turnover) not-for-profit community service organisation that operated as a business under the auspices of a national church.

The national church appointed the board, while the service reported to a separate national business arm of the same church. What I soon discovered was that the business arm seemed to be in constant conflict with the church leadership, and the conflict rippled all the way down. I thought I could negotiate and resolve almost any set of problems, but after a year of constant stress and not a single outcome I could be proud of, I resigned. This time it really was retirement.

I regret the year I spent in the swamp, but I still recall the wonderful feeling of weight coming off my shoulders on my first day of retirement.
 
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Congrats!
This is a snapshot of when I have to retire according to FAA.... but who’s counting ? Hopefully escape a little early but I guess it could be worse

 
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When I was 62 I decided to retire and move interstate to where most of our kids and grandkids were living. I loved the job I had and was proud of what my organisation had achieved, but it felt like time to take a new direction in life.

On the threshold of leaving, a friend told me about a vacant CEO job in my destination city. He told me that it had lots of challenges, and that was enough to entice me into one last fling.

Big mistake. After the previous twelve years of working with lots of freedom under a strong and supportive board, I thought I could handle anything the new job threw at me. It was a reasonably large ($55m annual turnover) not-for-profit community service organisation that operated as a business under the auspices of a national church.

The national church appointed the board, while the service reported to a separate national business arm of the same church. What I soon discovered was that the business arm seemed to be in constant conflict with the church leadership, and the conflict rippled all the way down. I thought I could negotiate and resolve almost any set of problems, but after a year of constant stress and not a single outcome I could be proud of, I resigned. This time it really was retirement.

I regret the year I spent in the swamp, but I still recall the wonderful feeling of weight coming off my shoulders on my first day of retirement.
Had a few fits and starts consulting. Did a few conferences. A few calls came in to see if I wanted another Director slot. Then Covid saved me from all that temptation.
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Congrats, @Fritz ! And a timely email to read at 12:35 am, just as I logged onto my home computer after having to go in the office at midnight to get the server restarted. One joy of being a co-owner of a very small business is also being the whole IT department. Also timely because this evening my 79 year old dad decided to retire. I'll toast you and my dad tomorrow night 😎
 
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@Fritz

Congrats on your decision, and for showing that life is worth living, and one can still build a future even when you're not 18 yo.

We, my partner and I, are somehow and somewhere on a similar situation, crossroads.

We, both, worked in financial services sector, starting young. I decided to call it quit 10 years ago (very early midlife crisis lol) and launched our Bed and Breakfast.

We had bought a house, a few before that, that needed a lot of renovation, and it was a good excuse and opportunity to do something nice with it, and for me to stop worrying about Excel sheets and PowerPoint presentation, internal egos, "sense of urgency", all the corporate crap basically.

(I still something read some old emails sent by management and HR, and I'm wondering... The f$*k are they talking about? Just get straight to the point, if any. So much BS to "empower" people, to sugarcoat a difficult decision etc...sorry I'm diverging)

It also allowed us to find a nice balance in our relationship.

Fast forward 10 years, to nowadays, my partner has decided to also call it quit and recycle himself into woodcrafting! He has been going to class for 3 years to get his diploma in July, so he can officially launch his business at the age of 50!

Obviously, it is something he had always like, and was already quite good at it previously, having build many cupboard, doorframes etc at friend's and here in the house.

So our mindset is that for the last 15 years of his working time before any official retirement, he will be doing his passion, be happier, having a healthier stress... It obviously means risks to start a new business, less money in the bank most probably, but we will be happier all together doing things we like.

We both don't regret our corporate time during our younger years, when it was still the "good years" to travel for business (business class trips, fancy hotels etc), well paid, loads of experience that have and will contribute to the new chapter in our life.

So I fully understand you, and even it is not relevant to you, encourage and support you in your decision and new adventures.

Good luck to you, and bravo!!
 
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Congrats to all, taking the decision for a change; I (I am German) worked for 30 years and after a "cancer episode" I quit my job. One year sabbatical, then I sold my house and we bought 2017 " something small " 😀 in southern France. I never came back to my work: I did not turn around, no view back and quit silently. Never regretted my/our way: every day is sunny sunday now.
gopr0482l_by_fruehling83_dej1dtr-pre.jpg

If you always do what you have always done, only what always has happened will always happen.


atb and good luck! Jo

our BLOG (in German) now we help people / Germans if they want to settle here and buy property

https://provence2017canebieres.wordpress.com

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@Fritz
all the corporate crap

Nearly a topic for its own thread - but maybe better not...

My own favourite was project boards, where we would divert time and effort from the job in hand into receiving "challenge and support" from our supposed betters. One totally unnecessary, the other completely absent, IIRC!
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Congratulations and enjoy.

my wife was recently promoted to partner at EY so I decided accounting/ audit was no longer for me. The last few years I really started to just absolutely hate audit. I took some time off to focus on my happiness and well-being. I’ve always enjoyed working out at the gym but never saw true results. I now lost 13 lbs and can actually see results of my hard work in the gym. I also do part time work for now just to keep a little busy but it’s easy stress free work. I can drop my kids off at school and pick them up.

the extra time is spent focusing on what I want to do next in my career that won’t put this knot in my stomach every time I walk into an office or log into my computer. I have some things coming up that I’m excited and looking forward to. I am blessed that my wife is a tireless and bright person that her hard work allows me to find my happiness in my career. Without her I wouldn’t have these opportunities.
 
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The longer we live, the less time we have left. The time we have left becomes more valuable for doing the things we haven’t done, but really want to do. Do those things while you are still able. I was working 80 hours a week in 2000. I chucked much of what I was doing, and we started doing things we had never done. Five trips to Europe and England! I wouldn’t change a thing. Well, perhaps I should have bought more real estate, and fewer watches!
 
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I enjoy working so I’m not sure that I will ever fully retire, but my retirement job will not be land based. Sea kayaking and/or sailing instructor sounds appealing. 😀
 
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The longer we live, the less time we have left

This is true and precisely why I don’t mind if my watches are running slow...
 
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At 58 I've been thinking about retiring when I hit 62. My retirement planner says I can go now and at our predicted burn rate, still have a pile left over at 90. Mrs duc left her job (of 20 years) at the beginning of last year due to a change in ownership of her company. She didn't agree with the style of the new owners and just quit. She is a 1000 percent better mentally, and it's opened my eyes.

I've been mulling over an exit strategy and may actually jump ship sooner than 4 years from now. The stories in this thread are downright inspiring.
 
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When I chose to accept a 12-month salary if I would resign from the firm I worked for, for 25 years, I had spent five years preparing for that day. When I accepted the package, I was already making more working for myself, than I was making, working for them. Transitioning away from a job you no longer find rewarding is easier if you have prepared in advance.
 
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At 58 I've been thinking about retiring when I hit 62. My retirement planner says I can go now and at our predicted burn rate, still have a pile left over at 90. Mrs duc left her job (of 20 years) at the beginning of last year due to a change in ownership of her company. She didn't agree with the style of the new owners and just quit. She is a 1000 percent better mentally, and it's opened my eyes.

I've been mulling over an exit strategy and may actually jump ship sooner than 4 years from now. The stories in this thread are downright inspiring.
I'm in the same position, although my wife retired a few years earlier. We just bought back some service from earlier in her career but she won't start her pension until I retire. I'm looking at 2-4 years but we could afford to start now. Fortunately, I like where I work but looking forward to retirement just the same. We are both looking into the RV lifestyle to escape Canadian winters.
 
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When I chose to accept a 12-month salary if I would resign from the firm I worked for, for 25 years, I had spent five years preparing for that day. When I accepted the package, I was already making more working for myself, than I was making, working for them. Transitioning away from a job you no longer find rewarding is easier if you have prepared in advance.


Plus 1 for this, I spent 30 years corporate and big pharma - started my own business on what I had learnt and now work as much/as hard as I feel like and earn a bit less but am a LOT happier!
To the point of not completely retiring as I love what I do, for the first (well actually second) time in my work life. If you are not loving what you do change as soon as you can.
 
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Tonight I go for an MRI on my left shoulder which I injured rollerblading back in the late 90s. I never got it repaired because the docs said it was 50/50 and I Was Too Into My Career! Literally got onto a plane the day after the fall and came home with a frozen shoulder. I’ve suffered it going out from time to time over the years, last was three weeks ago in Zion when I slipped in some sandy boulders. As I met with the docs last Friday, I reflected on how f...ing stupid that decision was. Funny how retiring causes a review of ones priorities.
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They say every man (person?) will have three careers.

Anybody else reaching the end of their nerves?
At the end of 2019 I had, in fact, reached mine. After almost 30 years in the restaurant business as a waiter in high end (expensive) restaurants, I was done. My mental state and fathers health issues caused me to resign. Little did I know that the world was about to flip upside down, but that is part of the equation, isn't it?
After 6 months of reflection, I started to think about what would be next. For years on my way to work, I would drive by one of California's most beautiful coastal state parks. Often, there was a sign offering an opportunity to the right applicant for a position at the park. I applied and was hired.
The job is an entry level position in park maintenance. I have been around or in construction since I was a teenager so I felt comfortable in applying.
After three months on the job, I had lost 20 pounds and 2 inches on waist. I have muscle definition again!. The real improvement... My mental health.
Turns out getting up before dawn and seeing the sun rise before you work outside all day is therapeutic.
Working for the State of California, I will not get rich, but as it turns out I am richer, healthier and happier.

On a side note, I just got a promotion to a position that normally takes a couple of years to get to.
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Congrats @Fritz, your “retirement” was no doubt well-earned and will be well-enjoyed.

Lots of great insights and wisdom in this thread!