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Ask HN: People who cashed out early and stopped working: What is your life like?

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31–40 of 190 posts

Re: Ask HN: People who cashed out early and stopped working: What is your life like?

#31
post #5

It sucks to be frank. It wasn't quite my choice to take an early retirement. Despite what the pundits say, you are your job.

> you are your job I hope you don’t take it personally, because it’s not intended as such, but this is sad.

Different people are different.

Re: Ask HN: People who cashed out early and stopped working: What is your life like?

#32
Dad retired in his mid 30s.

It went really well for him for about 30 years, and then he started to decline into depression. I don't think it was directly related to being retired.

He built a barbecue out of cinder blocks, then rebuilt it out of bricks. He learned to knot in order to make hammocks. He took up painting with acrylics -- I wouldn't say he ever became good at it, but he liked it and that's the point. The same for charcoal -- but he didn't like the mess, so he dropped it quickly.

He took up teaching advanced math to the local elementary school kids. He taught himself programming in BASIC and wrote math games and text adventures about our neighborhood.

He watched a lot of movies, read a lot of books, and kept the house on a schedule. He went from being an adequate cook to a reasonably good one.

He built relationships with the neighbors and went for a walk twice a day when the weather was adequate.

Re: Ask HN: People who cashed out early and stopped working: What is your life like?

#33
I'm time wealthy more so than cash wealthy.

Strangely, I get up earlier as there's no dread of the corporate environment.

I have standing time with friends and family: Depending on the season, Weekly golf, lunch, tennis. Daily walks with my spouse.

Volunteer efforts provide some opportunities to give, feel internal and external appreciation and a sense of adding value to others.

Plenty of time for reading, learning, experimenting and puzzle solving. There are so many resources to learn about new topics and try things.

When I hear people express fear of being bored after their career, I have to pick my jaw off the floor. I can't imagine there has been a time with more information freely available.

Re: Ask HN: People who cashed out early and stopped working: What is your life like?

#35
I'm not retired, but I am shift worker in Healthcare, which means I have 3-4 days off per week. A question I often get from people when they hear that is "Wow! What do you do with all your time off?" The answer is always, "I live my life."

On my days off I catch up on chores. I take care of my body by going to the gym, yoga studio, boxing gym, or ride my bike. I spend time with friends if they are available, which is tricky because I'm only off every other weekend. I bake sourdough bread and seek perfection in extracting the perfect cup of espresso. I read HN.

I often think what I would be doing if I met your criteria for answering this questions and didn't have to work the other 3-4 days of my week, and I think the answer would be to look for meaningful work. There is a fulfillment or sense of purpose in work that doesn't come to me in the prolonged absence of it, I don't define myself by it, but as Marcus Aurelius said in his Meditations:

“At dawn, when you have trouble getting out of bed, tell yourself: “I have to go to work — as a human being. What do I have to complain of, if I’m going to do what I was born for — the things I was brought into the world to do? Or is this what I was created for? To huddle under the blankets and stay warm?”

So you were born to feel “nice”? Instead of doing things and experiencing them? Don’t you see the plants, the birds, the ants and spiders and bees going about their individual tasks, putting the world in order, as best they can? And you’re not willing to do your job as a human being? Why aren’t you running to do what your nature demands?

You don’t love yourself enough. Or you’d love your nature too, and what it demands of you.”

Re: Ask HN: People who cashed out early and stopped working: What is your life like?

#36
I retired a few years ago on my savings, but I won the lottery as an early Airbnb employee (and I only recently cashed out). I've worked for several high-flying SV startups, and one BigCo, and startup multiple of my own startups (which all failed). I'm around 35 y/o now. I really grew to despise the whole of SV culture, the various get rich quick schemes based on screwing your customers, and capitalism is general. These days my only ambition is to farm on my homestead/commune, live as cheaply as possible, and avoid consumerism as much as I can. I still love working on software, am pretty active on various open source projects, am writing another book, but I don't feed the beast anymore.

Retirement is great and you shouldn't let anyone talk you out of it. The guys at the top of the pyramid aren't working very hard, so why should you?

To quote Kurt Vonnegut: "I tell you, we are here on Earth to fart around, and don't let anybody tell you different."

Re: Ask HN: People who cashed out early and stopped working: What is your life like?

#37

Earlier quoted context omitted.

Please don’t listen to this. These are the words of someone who allowed work to destroy the part of themselves that had their own hopes and dreams. Only a shell that could take directions was left.

Do you know this person? Because I actually love my job, and I feel like if I retired right now it would suck. I would definitely be bored.

I can see this for some jobs. Retire from the army and suddenly you are not jumping out of planes anymore, but programming? Nothing is stopping you from doing that post retirement, and you get to work on whatever you want.

Re: Ask HN: People who cashed out early and stopped working: What is your life like?

#38

Earlier quoted context omitted.

I was fired, but you know how HR will gussy it up with cringey language like "mutual agreement" and what not.

Did you cash out early or were you fired?

Good question. I was fired, so I guess my case doesn't apply to OP. I also had enough in the bank that I don't need to follow orders from someone who's never made a mix tape, which is what would happen if I tried to rejoin the workforce.

I know, first-world problems.

Re: Ask HN: People who cashed out early and stopped working: What is your life like?

#39
What is early? What is stopping working? I semi-retired at 44, but I am still working as a contract programmer and bill for about 20-25 hours a week.

I worked a ho-hum programming job for nearly 20 years (yes, just the one), feeling miserable for at least the last 3. There was no "cashing out", though when the company sold to private investors I got something like an extra 75% of a year of pay. It wasn't that money, but saving (index fund investing) all along that would have let me say "to heck with it, I can retire today" (albeit with a slightly reduced standard of living).

Instead, I waited until something part time & much more fulfilling came my way. Now I get to work on open source all day, or as little as I want, and I get paid for a substantial chunk of it. To my surprise, working 50-60% as long each week not only means I don't have to do dip into investments, but I can still add to my investments.

Now, the timing of this change was not great, because 5 months later COVID hit, so the travel aspects of my new life haven't materialized in the way I thought they would. When I start travelling as freely as I thought I would when I left traditional work in late 2019, that's when I hope to truly feel semi-retired.

When will I fully retire? Not while I can get paid to work on open source software, largely on my own terms. When will I stop working on open source? Hopefully not anytime soon.

Re: Ask HN: People who cashed out early and stopped working: What is your life like?

#40
We are all different in our expectations and desires. Ofcourse, It would be great to have that financial independence to say I don't "need" to work anymore for money. However, I am happy to work with computers at my job that pays money, be with my family and play with my little boy while not working, and do wood working in spare time(3 hours a week). Little bit of everything makes you appreciate their value. I for one would be easily overwhelmed if I could do woodworking the whole time, or watching my little boy the whole time(I love him, but I love him more when he is social with his friends at day care and I am there for him when he is home).

If I had a way to make more money without losing the ^ balance, I'd jump on it. But, I am not running crazy behind any one of those.

I realise what I said would probably not make sense to me from 10 years ago - it was all about fun, and money then.

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