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Ask HN: Those who quit their jobs without anything planned. How did it go?

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Re: Ask HN: Those who quit their jobs without anything planned. How did it go?

#182
post #7

Earlier quoted context omitted.

> I quit just last week. Saved up 10 years worth of salaries. "Having 10 years worth of salaries" is almost on the opposite side of spectrum than "without anything planned".

Money isn't the same thing as a plan. If anything, it's the exact opposite: You have the freedom to do many things, so there's more uncertainty than someone with less money.

Money is worse than a plan, because until you run out of money you do not need a plan.

Re: Ask HN: Those who quit their jobs without anything planned. How did it go?

#183
> OK, so job quitting and breaking up both have “very large, positive, and statistically significant coefficients at six months”. How big? Ludicrously, insanely big.

> The causal effect of quitting a job is estimated to be a gain of 5.2 happiness points out of 10, and breaking up as a gain of 2.7 out of 10! This is the kind of welfare jump you might expect if you moved from one of the least happiness countries in the world to one of the happiest, though presumably these effects would fade over time.

> Both results are significant at the p=0.04 level, and fortunately I don’t think Levitt had many if any opportunities for specification mining here to artificially drive down the p value.

https://80000hours.org/2018/08/randomised-experiment-if-your...

https://news.ycombinator.com/item?id=17840275

^^ big caveat emptor in the top comment though ;-)

Re: Ask HN: Those who quit their jobs without anything planned. How did it go?

#184
I once quit due to burnout and it was not great. Mild depression plus slight health problems lasted for about half a year and due to that I was unable to fully enjoy my freedom and was in a bit of hurry while looking for next job.

So, if you have a choice between planned and unplanned quitting - stick to planned one.

To everyone reading this: start planning your quitting when you feel first symptoms of burnout.

Re: Ask HN: Those who quit their jobs without anything planned. How did it go?

#185

Question to those in that did this What did you do about your health insurance?

Look up short-term insurance. If you're young and healthy (or, just avoid seeing a doctor for problems they already admit they can't solve), you can probably find decent health insurance for a whole year for $1,000 USD (meaning, <$100 monthly).

Re: Ask HN: Those who quit their jobs without anything planned. How did it go?

#186
I quit my job in June 2021. I've been keeping weekly updates here [1]. Long story short it's been great so far. I went to Brazil and met my partner's (now fiancée) family.

I've seen things you people wouldn't believe. Attack ships on fire off the shoulder of Orion. I watched C-beams glitter in the dark near the Tannhauser gate. If only you could see what I've seen with your eyes. [+++]

I made decent progress on projects that I have been kicking around for YEARS, including Bookwork Club [2] and my grandpa's autobiography [3]. I have read 14 books, including Thinking In Bets which led me to get much more systematic about thinking probabilistically. I am almost done with a Python class which will enable me to finally earn an Associate's in CS that I started literally 10 years ago. I had time to go into rabbitholes to build tools that allow me to get more systematic with my investing/trading/speculating. I got to make some new connections and work in a completely new space when I did a 1-month contract working on Corrily's docs. Right now I'm planning out our mid-January wedding. Yes it's kind of close but on the other hand it's not like I'm trying to juggle this wedding planning with a job. In Feb/March I'll probably go back on the market and hopefully won't struggle too much to land a new decent job! This comment has just been a stream-of-conscious reflection on "things" I did but I also want to emphasize that it has been rejuvenating and healing to not deal with the low-level constant stress of deadlines, interpersonal conflicts, strategy ambiguity, etc. that is pretty natural in the software industry. You can read my sabbatical manifesto at [4]. In that post I really tried to document all my thinking about why I was taking this risk.

[1] https://kayce.basqu.es/sabbatical

[+++] In case you don't get the reference and think I'm a crazy person, this is a quote from Blade Runner. As I wrote this comment I was reminded of Roy and couldn't resist throwing that in. Just having some fun... sabbatical will do that to you! ;)

[2] https://bookworm.club

[3] https://tony.basqu.es

[4] https://kayce.basqu.es/sabbatical/prologue

Re: Ask HN: Those who quit their jobs without anything planned. How did it go?

#187

I quit my job due to stress-related flame out a few years ago, abruptly and with no plan at all (mentioned here[0]). I am a single father with no support network. It was a ridiculously stupid move in retrospect, but at the time I really couldn't face another day due to stress coming from all directions in my life. I froze up. Thankfully, the company I work(ed) for was unreasonably cool about it - they gave me a good…

Comeon, man, you're reading HackerNews

Everyone here is ridiculously hireable right now

If things suck, just save up 6 months' worth of expenses and quit to start a SaaS business. If it blows up in your face, start looking for a new job when you're down to about a month of runway.

No sweat!

Re: Ask HN: Those who quit their jobs without anything planned. How did it go?

#188
post #57

I quit in May, and since then have hiked the Appalachian Trail and just landed in New Orleans. I'll do a little part-time research work but my main goal is to write a lot and play music. Before I left, I was depressed, and now I'm not. IMO everything else is totally second order to not feeling so darn bad all the time. My plans extend to about the end of this current month, and then, we shall see.

Wow, hiking the AT is currently my quitting plan as well, but for 2022. Excited to see that you aren't experiencing extreme post-trail depression - I know it can hit hard for some people :). I hope to be in a very similar place/state of mind as you next year.

Do you have any advice for an AT hopeful for next year? I have done a fair amount of planning and have completed a ~250 mile thru-hike this past summer, but would still love some advice from a veteran (i.e. tent vs. hammock, how many sets of each type of clothing you ended up using, etc.)

Re: Ask HN: Those who quit their jobs without anything planned. How did it go?

#189
I've quit my job with no plans several times. As I got older, it got harder to find a job.

When I left the Navy at age 25, I had just been overseas. I had applied to a Master's degree program at the same university where I got a BS. There was a mix-up and no one had ever looked at my application, but several people knew me and they had my grades from my BS, so when I showed up in person one week before classes, they accepted me (I was paying my own way) and I started. I ended up getting a Ph.D. instead.

In 1999 at age 34, I quit my job as CFO for a small unsuccessful hedge fund. I applied at Raytheon where I had worked briefly before (they were impressed with me) and I applied to work at a lab at the university where I got my degrees. I got offers from both places within a month, and I was working again.

In 2004 at age 39, I quit my research job at another small unsuccessful hedge fund (run by the same people). I once again applied at Raytheon and at the same university job and again got two offers. I was working again in two months.

In 2006 at age 41, I quit again. I spent a year taking fun classes in Machine Learning and Astrophysics. In 2007, the people at the small hedge fund convinced me to work again for them.

In 2009, I quit again because my son was having very serious health issues and I wanted to stay with him in the hospital for six months (he is OK now). In 2010, I applied at the university lab where I had worked before and I ended up working there for 7 years. After 7 years, I was laid off.

   About a year later, I ended up getting a job a huge prestigious hedge fund as a quantitative analyst.  I quit about six months later in 2017 (I just could not hack living in New York City).  The same night that I quit, my old boss from the small hedge fund called me just to say hi.  When he heard that I quit, he immediately offered me a position which gave me a small salary but also made me a partner in the firm.  I still work there now.

Re: Ask HN: Those who quit their jobs without anything planned. How did it go?

#190

Earlier quoted context omitted.

Also, only 10 years of salary means you'll eventually have to start working again... so no plan means that you don't know what you'll do after 10 years

Left out my wife is still working and its enough for 70% of living expenses.

Now you follow The Way of the House Husband
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