MY FRIEND HAFIZ HAS a common midlife problem. He’s built a successful career over 20 years. But now he wants a change—a new direction to focus his energy and talents. Over coffee, we kicked around the different paths he might take.
Some were offshoots of his current job, such as becoming an industry consultant. Others were wholly new, like becoming a writer.
“The problem,” Hafiz sighed, “is that whatever I do, it’s gotta pay for the country club.”
Hafiz explained that, while his wife was the primary earner, his salary was dedicated to certain lifestyle luxuries, most notably the dues at their country club.
Now, I’m not against someone enjoying country club life. We belonged to one ourselves for a while. What struck me, however, was Hafiz didn’t seem to be enjoying his membership so much as feeling trapped by it. It was an anchor limiting his movement along alternative paths to happiness.
It reminded me of a Vox piece I recently read about what they call the near-rich. We often focus on the top 1% of Americans, with their yachts and jets. They control as much wealth as the bottom 90% of the population, according to the article.
The near-rich, like my friend, are those in-between. While comprised of 9.9% of the population, often they’re the drivers of the social standards of American society.
Through hard work and good education, many of them have successfully worked their way up to achieve an enviable lifestyle. Others have capitalized on the head start they were born with. They have played the game well, done it “right,” and now reap the rewards and symbols of success.
According to the Vox article, however, there can be a problem lurking under this success. For the near-rich—and I include my own family in this group—the road to success is so well-worn that it can cut off the imagination. It limits our ability to consider other paths, or even other measures, of success.
In my friend Hafiz’s case, he has certainly earned all the rewards from building a successful career. But now, these rewards—or a fear of losing them—hold him back. He can’t imagine a successful life without a country club membership.
Fortunately, I see a change in attitude among millennials. As a retired teacher, I’m in contact with many of my former students. They’re still early in their careers, but seem less concerned with the traditional measures of accomplishment.
They’re willing to work fewer hours and are less interested in rising up through the corporate ranks. In exchange, they have fewer possessions to worry about and more time for family and friends. They shun homeownership for the flexibility of renting.
We oldsters may cluck our tongues and call them lazy for not striving for the things we think mark success. But perhaps they’ve seen the pitfalls of those traditional trophies, such as housing busts. They’ve become more creative and thoughtful in figuring out what they want.
My wife and I both went directly from college to grad school and then on to a profession. We were taken aback when one of our sons, whose goal is to become an actuary, said he wanted to take two years after college to teach in Japan.
Would it put him behind on the career path? What about the schedule of actuarial exams he had to take? What if he didn’t come back?
He went, paying his own way. And, after two years, he returned. He’s just taken his fourth-level actuarial exam, and has a good job with State Farm. Even more, he has a world of extra cultural exposure. I realize now that, even if he had decided not to be an actuary, that would have been okay, too.
Our other son had a high-paying software developer job in Madison, Wisconsin. He walked away to take a similar job with a smaller company in Austin, Texas. Austin is closer to his family and friends. Also, he’s a runner, and Austin has more tolerable running weather.
When we are young, we’re told to imagine all the possible places we could go. We can’t let the success of one path, even a well-worn road, let us lose sight of the road less travelled.
Jim Wasserman is a former business litigation attorney who taught economics and humanities for 20 years. He’s the author of a three-book series on how to teach elementary, middle and high school students about behavioral economics and media literacy. He has authored several educational children’s books. Jim’s newest book is Enough Stuff, a story about appreciating family and friends—rather than gifts—during the holidays. Jim lives in Texas with his wife and fellow HumbleDollar contributor, Jiab. Together, they’re currently working on a book, “Your Third Life: Reflections on Finding Our Way by Taking the Long Route.” Check out Jim’s earlier articles.