A wrinkle on the transition from full time to part time paid work idea which i plan to do at age 60. Establishing yourself with a new organization rather than negotiating a part time role with the one you're retiring from while not likely financially superior seems healthier and more interesting psychologically. Even better to me if the role is in something else entirely you're interested in from the work you've focused on full time. A new industry, passion/hobby area, or just appears to be fun. It seems like a great moment to follow your curiosity rather than making a very rational financially driven decision. If you end up with both it's an unexpected joy.
These are indeed the decisions we all debate, some of us more intentionally and extensively than others. The keys may be to make no quick decisions, nothing spur of the moment, or reactionary to an event. Be introspective, say the thoughts out loud to others to refine your decision making rationale and sleep on it before acting to ensure no change if heart. Then remain flexible enough to change your mind again to change course if its still possible!
I read this at 5am EST prepping for an early 10k, one of many running races I've done annually for the last 7 years or so. As I near 50 my own money worries have continued to trend downward through good habits and some luck. I can envision reaching a similar frame of mind in the years to come of a life well lived without regrets or feeling cheated somehow.
My term life ends after 10 years when my son will be ten and i will be 53. Could we have gone longer? Of course but we have enough and only "more" would have been the reason and not a true need.
Jefferson no doubt read many if not all ancient philosophers and has possibly repackaged Seneca's writing on anticipated misfortune into "How much pain the evils cost us that never happened" among his ten rules. His own money management advice amongst the other ten rules not well followed.
A safe application of stoicism would be a greater detachment to the external of money many of us likely carry. A direct application of stoicism to investing is really a fun concept but truly a philosophical exercise as well and difficult to prove accurate or inaccurate. One speculation; stoics may not be as risk averse as many might expect.
Comments
The book Extra Virginity by Tom Mueller goes in depth on the olive oils from tasting to outright fraud. Great read.
Post: Mind Over Money
Link to comment from February 1, 2025
A wrinkle on the transition from full time to part time paid work idea which i plan to do at age 60. Establishing yourself with a new organization rather than negotiating a part time role with the one you're retiring from while not likely financially superior seems healthier and more interesting psychologically. Even better to me if the role is in something else entirely you're interested in from the work you've focused on full time. A new industry, passion/hobby area, or just appears to be fun. It seems like a great moment to follow your curiosity rather than making a very rational financially driven decision. If you end up with both it's an unexpected joy.
Post: Taking Center Stage
Link to comment from January 25, 2025
These are indeed the decisions we all debate, some of us more intentionally and extensively than others. The keys may be to make no quick decisions, nothing spur of the moment, or reactionary to an event. Be introspective, say the thoughts out loud to others to refine your decision making rationale and sleep on it before acting to ensure no change if heart. Then remain flexible enough to change your mind again to change course if its still possible!
Post: Pick Your Peril
Link to comment from December 7, 2024
I read this at 5am EST prepping for an early 10k, one of many running races I've done annually for the last 7 years or so. As I near 50 my own money worries have continued to trend downward through good habits and some luck. I can envision reaching a similar frame of mind in the years to come of a life well lived without regrets or feeling cheated somehow.
Post: No Regrets
Link to comment from September 7, 2024
My term life ends after 10 years when my son will be ten and i will be 53. Could we have gone longer? Of course but we have enough and only "more" would have been the reason and not a true need.
Post: Unasked Questions
Link to comment from August 3, 2024
So many get no pension in today's retirement scenarios, what a luxury to have that decision to contemplate.
Post: Unasked Questions
Link to comment from August 3, 2024
Autul Gawande's book Being Mortal expands on this area. It's a very constructive individual read and family discussion tool.
Post: Unasked Questions
Link to comment from August 3, 2024
Nice article!
Post: No Slowing Down
Link to comment from July 27, 2024
Jefferson no doubt read many if not all ancient philosophers and has possibly repackaged Seneca's writing on anticipated misfortune into "How much pain the evils cost us that never happened" among his ten rules. His own money management advice amongst the other ten rules not well followed.
Post: Protecting My Sanity
Link to comment from July 20, 2024
A safe application of stoicism would be a greater detachment to the external of money many of us likely carry. A direct application of stoicism to investing is really a fun concept but truly a philosophical exercise as well and difficult to prove accurate or inaccurate. One speculation; stoics may not be as risk averse as many might expect.
Post: Protecting My Sanity
Link to comment from July 20, 2024