Goal: To be able to afford to go part time when I turn 55 which is in around 15 years time.
I've already started looking at jobs ads with 0.60 FTE.
When I turn 60 my goal is by that stage to have enough passive income to not have to work PAYG at all !! My goal has always been to retire on $75 k pa passive income (in today's dollars) but when I get closer to the end of my working life I think I'd be happy to live off the same amount of money that I'm earning today in passive income which is $60 k pa if that meant I could semi retire sooner.
I'm not after hundreds of thousands pa in retirement, flash cars, overseas holidays, material items, luxuries. Time & health is my driving goal !
Ive been struggling a bit lately with so much going on in my life, I'm finding it tough to fit everything in. Most nights of the week I'm always doing something, a meeting, sport, exercise, socialising & after a while it wears you down it really does! I took today off sick slept 10 hours.
I think my priorities have changed now! I want more * me time! * I'm realising just what is important to me & that is time, time to fit everything into the day without always being exhausted. I reckon I can achieve part time by 55. I'll make it happen, & then fully retire not too long after. Future is looking bright.
Anyone else here value their time more than anything else? And are willing and happy to pull the plug sooner so they can work less hours?
I've already started looking at jobs ads with 0.60 FTE.
When I turn 60 my goal is by that stage to have enough passive income to not have to work PAYG at all !! My goal has always been to retire on $75 k pa passive income (in today's dollars) but when I get closer to the end of my working life I think I'd be happy to live off the same amount of money that I'm earning today in passive income which is $60 k pa if that meant I could semi retire sooner.
I'm not after hundreds of thousands pa in retirement, flash cars, overseas holidays, material items, luxuries. Time & health is my driving goal !
Ive been struggling a bit lately with so much going on in my life, I'm finding it tough to fit everything in. Most nights of the week I'm always doing something, a meeting, sport, exercise, socialising & after a while it wears you down it really does! I took today off sick slept 10 hours.
I think my priorities have changed now! I want more * me time! * I'm realising just what is important to me & that is time, time to fit everything into the day without always being exhausted. I reckon I can achieve part time by 55. I'll make it happen, & then fully retire not too long after. Future is looking bright.
Anyone else here value their time more than anything else? And are willing and happy to pull the plug sooner so they can work less hours?