Hi Folks, Lifelong cruisersforum lurker here. I've seen the "should I stay or should I go" questions a bergillion times, so I'll spare you that. Decision hath been decided upon by the decider....me. I'm going to buy a boat (of appropriate size, simplicity, and fit for purpose). I've been out and about enough to know I do actually enjoy the life. Blah blah blah.
The crossroads Iím at is dealing with retirement
and whether I should go *now*. Iím in a peculiar situation of being able to enter ďsemi retirement
in 1.5 years at age 37Ē. Since age 22 I have literally lived on half my income
and invested the other half, so have significant investments to leech from. It has been a painful road, and Iíve sacrificed a lot in life to save this much
Option A) If I enter semi retirement, I could work 2-4 days in Houston
TX. This would put me living in a marina in/around seabrook, clear lake
, etc. It would tether me there so my actual sailing time between work would be limited to 2-3 weeks at a time. I figure 2-3 weeks is plenty time to have a loose schedule of getting somewhere in the gulf rim, hanging around and meeting people, and then sailing back for work. (in addition to sailing, I have PLENTY of other hobbies I want to indulge in during semi retirement, not least of which is spending quality time with family)
If I do this, Iíll be on a modest budget
. (~2000-2500 a month). I do have a kitty in reserve to pay for major repairs
, a new car in a few years, blah blah blah. But I'll have to be careful with that budget
. very careful. It has to last until age 60.
With this modest budget, I donít want to waste it on an apartment. So I plan to live on the boat. Novel idea here, I know! lol. I have the luxury of simply amazing parents, who are 2 hours away from Houston
TX who are the most awesome people ever. I can actually live part time there and store all my stuff (all my earthly goods fit into a truck, seriously. Except for crappy craigslist furniture.
As a side note, since Iím single
, Iím certain that living on a boat and sometimes sleeping at my parents house will make me a TOTALLY eligible bachelor. I know. Lol. But hey itís the life I want.
Anyway. Option B)
Slave away for 7 more years. Full retirement at age 43. Money
will be no object at that point. With my investments, still growing for 6 more years and full active duty retirement I will be able to buy a house, indulge in a few nice things (though my wants are very limited) and critically, I wonít be tethered to Houston TX. So the world is my oyster
. Which would you choose? Oh....the catch....
Catch: I hate my job. Doní misread me Ė I LOVE serving my country. I love Soldiers. I love doing good things and making the Army better every day. HoweverÖ.itís crazy stressful. Iím a senior officer, and Iím justÖ.burned out. The work is 24/7 I push myself to excel in my job. I could do it for another 7 years. I could. But I move every 2-3 years, I work through weekends, I deal with red tape
constantly, and I just get the life sucked out of me where itís no longer fulfilling most of the time. Summary: My blackberry is the anchor
to my soul. Sigh.
I'm just tired of waiting. Life and health
are promised to no man. Or woman.
Should I drop the full time work shenanigans, give up a "plussed up" retirement, or cut back to one weekend a month, live off dividends and that modest paycheck on the boat. Time or money
. My life or my mental anguish.
(final note: Yes, I know there are those of you that may think "7 years is nothing!" But again, i've been "putting off" my life and sacrificing everything forever now. 7 years is a long time to keep doing all the the army requires me to do. )