What exactly is semi-retired?

[gordon2007]

Yesterday, after 25 years in the same career field I've given it up. The money was good but I've lost interest in it. Have decided to move to a small country town and relax a bit.

However last year I took a few courses in a medical field and before I've even moved to my new place I've been offered a job there as part time casual. I've taken it as I suspect I'll be bored to death doing nothing. So working part time not even making a 1\3 of what I did before, does that make me semi retired?

 

[captain black]

Have decided to move to a small country town and relax a bit.

Welcome to the Good life

I've lived in a small country town for most of my life and absolutely love it

 

[drsmith]

However last year I took a few courses in a medical field and before I've even moved to my new place I've been offered a job there as part time casual. I've taken it as I suspect I'll be bored to death doing nothing. So working part time not even making a 1\3 of what I did before, does that make me semi retired?

It does, but don't worry.

As long as you're happy, what it's called doesn't matter.

I've been working part time since the age of 35.

Best decision I ever made.

 

[sptrawler]

I know what you mean, I retired and think I should get a part time job to stop myself getting bored.
The problem is I can't bring myself to do it.

I will see how I feel mid year after doing the big lap, in the new caravan.
Hope I come back with a more positive attitude to getting up a 05.00 to go to work. I just came over all faint thinking about it.

 

[stewiejp]

Good on yo Gordon, enjoy your semi retirement. Quite a few of my relatives, and work colleagues of the 55+ vintage have done exactly what you have done - and absolutely love it. Yes, a bit of spare cash may help finance a holiday, new set of golf clubs or the latest fishing tackle, but I think the main thing is keeping active, and out of the wife's hair (!).
The Good Lady's dad turned 72 a few months ago, and has been doing odd jobs for the past few years, as the missus was slowly going bananas with him hanging around the house like a bored kid on school holidays. Keeps him busy, out of trouble and active, and now she complains he's never home!

Enjoy.

 

[sydboy007]

That's my dream to be fullfilled in the next 5-10 years.

Have a passive income to pay for the needs, and the odd want, and a part time job to pay for a few more wants.

To be able have a job I enjoy, rather than being a wage slave to something I no longer find particularly interesting.

Here's to a dream of early retirement

 

[chiff]

Semi-retired for me is not being desperate for the extra income.But if you do work it is best to have a way in and a way out-an escape plan so oned does not feel trapped by work.

 

[tech/a]

Good on you Gordon.
Surprised with your skills you've not traded something like Indexes for an extra bit of income.

My definition of Semi retired is.
Being able to support your lifestyle without the need to work full time.
Passive income is a great help.
Many can maintain very close to full time pay with casual work and passive income
if they have set things up well.

Enjoy a challenging new chapter in life.

 

[CanOz]

Yeah, pretty much what I'm after at the moment is to retire from full employment and derive income from our investments, business and some part time consulting work.

CanOz

 

[Garpal Gumnut]

Yeah, pretty much what I'm after at the moment is to retire from full employment and derive income from our investments, business and some part time consulting work.

CanOz

Semi-Retired is never having to say you are sorry.

gg

 

[Bill M]

Yesterday, after 25 years in the same career field I've given it up. The money was good but I've lost interest in it. Have decided to move to a small country town and relax a bit.

Hello Gordon, I retired 12 years ago and I enjoy it very much. Half way through the retirement I decided to get a part time job, just for a year but I ended up 2 years in it. It started to tie me up again with times and holidays so I pulled the pin again and was on a flight out overseas 2 weeks later. I realised that the extra $$$ was not changing my life in any material way and I just didn't want to be doing it anymore.

Anyhow you are now semi retired, well done. It is great knowing you can wake up and go to bed anytime you like. There are no restrictions of when, where and how long we can go away. My passion is travel, walking for exercise and of course managing my investments. Eat good food and keep up the exercise, is my tip. It is very important for your health.

Life is great and I have never looked back. All the best to you for your future, cheers.

 

[CanOz]

you can wake up and go to bed anytime you like. There are no restrictions of when, where and how long we can go away. My passion is travel, walking for exercise and of course managing my investments. Eat good food and keep up the exercise, is my tip. It is very important for your health.

Life is great ....

Most of life really should be like this...

Well done to both of you...

 

[Julia]

Anyhow you are now semi retired, well done. It is great knowing you can wake up and go to bed anytime you like. There are no restrictions of when, where and how long we can go away. My passion is travel, walking for exercise and of course managing my investments. Eat good food and keep up the exercise, is my tip. It is very important for your health.

Life is great and I have never looked back. All the best to you for your future, cheers.

+1. Except for the travel. I travelled constantly when working and now relish mostly staying put.
There's so much to be said for the freedom of not having to engage with an employer. Your time is your own.

The only downside for me is - living in a regional centre which is a bit of a cultural desert - I do miss the intellectual exchanges and challenges of working.

I've always contributed a fair bit to the community via voluntary roles and still do, but given most of this involves sustained contact with the 'disadvantaged' I've become pretty fed up with the philosophy of entitlement that characterises many such people.

 

[gordon2007]

Oh dear, the other half is driving me nuts already wanting to have discussions. Think i'll go to the pub for a cold bevvie

 

[CanOz]

Oh dear, the other half is driving me nuts already wanting to have discussions. Think i'll go to the pub for a cold bevvie

LOL, now i recall why we all must work!

 

[captain black]

Oh dear, the other half is driving me nuts already wanting to have discussions. Think i'll go to the pub for a cold bevvie

Lol!

Welcome to semi-retirement!

People often ask me why I have such a big vegie garden..... somewhere to hide...