{"id":6612,"date":"2017-12-15T12:35:56","date_gmt":"2017-12-15T16:35:56","guid":{"rendered":"https:\/\/apps8.devmaverick.com\/prw\/?p=6612"},"modified":"2021-01-02T10:20:11","modified_gmt":"2021-01-02T14:20:11","slug":"envisioning-life-without-work","status":"publish","type":"post","link":"https:\/\/apps1.devmaverick.com\/prw\/blog\/envisioning-life-without-work\/","title":{"rendered":"Envisioning Life Without Work"},"content":{"rendered":"<p>Financial independence and early retirement (FIRE) are growing in popularity, but you don\u2019t have to browse the comments sections of Forbes or Yahoo Finance long to find plenty of skeptics.<\/p>\n<p>The FIRE critics represent many viewpoints. There are the well-intentioned risk-averse types, hesitant about the viability of supposedly \u201csafe\u201d withdrawal rates in today\u2019s high-valuation environment. There are the traditional big-spender consumers, indignant about the viability of a low-spending lifestyle. And, of course, there are the ornery disbelievers, eager to pick apart the details of success stories and tell us all why it can\u2019t be done.<\/p>\n<p>Can you imagine? No more resumes, cover letters or worrying about who is looking at my <a href=\"https:\/\/apps1.devmaverick.com\/prw\/why-i-didnt-accept-your-linkedin-connection-request\/\">LinkedIn profile<\/a>.<\/p>\n<p>But of all the negative reactions to early retirement, there\u2019s one that I find to be just plain sad:<\/p>\n<p>\u201cRetire early? I don\u2019t know what I would do with all that time without my job. I would be bored.\u201d<\/p>\n<p>I\u2019ll give you a pass if you\u2019re one of the lucky few whose job is your passion \u2013 that elusive \u201ctrue calling\u201d that gnaws at you any time you\u2019re away. If you can\u2019t imagine doing something else because you\u2019re in love with what you do every day, great! Never retire from that.<\/p>\n<p>But if you\u2019re like most people, you probably aren\u2019t jumping out of bed at 5 AM every day thinking, \u201cWow, I can\u2019t wait to start sitting in meetings and re-sizing text boxes in PowerPoint again!\u201d<\/p>\n<p>If the only thing separating you from boredom is a career you don\u2019t really love, how dull are you?<\/p>\n<h2>Bringing possibilities back into my life<\/h2>\n<p>When I first stumbled upon the idea of financial independence and early retirement, I was feeling passionless about my work. It was consuming the majority of my life, including evenings and weekends. It was interrupting my social life. It was disturbing my sleep. Why was I doing this to myself?<\/p>\n<p>Just a few years prior, I had been a wide-eyed student full of career possibilities. Maybe I\u2019ll study business, I had thought. Or what about urban planning? Art and architecture are fascinating, too. Or maybe sociology? Hey, maybe I\u2019ll just open a food truck instead.<\/p>\n<p>This notion of work as self-identity seems to be correlated with age. The longer someone\u2019s been in the workforce, the more likely he or she seems to be to depend on work for meaning, purpose, and something to do every day. Those open-minded days of childhood, adolescence, and young adulthood \u2013 during which anything seemed to be possible \u2013 are long gone.<\/p>\n<p>I missed having that array of possibilities for my life.<\/p>\n<p>I had chosen one of them \u2013 a good choice, in spite of the negatives \u2013 but I felt myself going deeper and deeper down one path. Professionally speaking, the next 30 years of my life were more or less mapped out for me: Work in my industry for a few more years. Get a master\u2019s degree in my field. Return to a more senior role. Work my way up the ladder. Eventually retire \u2013 maybe even \u201cearly,\u201d at 55 or 60. Somewhere in there, try to take a few weeks of vacation time.<\/p>\n<p>There\u2019s nothing wrong with choosing that path. But for me, it was feeling less and less fulfilling with each passing year. In choosing one path, I felt myself giving up on a hundred other interests \u2013 a hundred unfulfilled dreams.<\/p>\n<p>On one particularly unsatisfying work day, I took out a blank piece of paper and started writing frantically. What do I really want to do with my life?<\/p>\n<p>Anything that came to mind, I wrote down. I didn\u2019t try to categorize the ideas right away, though one idea often led to related ones, and I grouped them if it made sense.<\/p>\n<p>In my prior profession, working with clients on strategic issues, we called this \u201cconcept mapping\u201d or \u201cmind mapping.\u201d Some people like to start with big-picture concepts. Others like to start at a more granular level and then group ideas together. It doesn\u2019t really matter how you do it; the point is just to get as many ideas down on paper as you can. Don\u2019t stop to judge them; don\u2019t take time to analyze or edit. Just keep adding ideas.<\/p>\n<ul>\n<li>What would I do with my life if I lost my job today?<\/li>\n<li>What would I do with my life if money were no object?<\/li>\n<li>What would I do with my life if I never had to work again?<\/li>\n<\/ul>\n<p>Here is a digital version of what I ended up with \u2013 unedited except for a handful of side hustle ideas I\u2019ve redacted for privacy:<\/p>\n<h2>Reflecting on my vision<\/h2>\n<p>Putting pen to paper was a cathartic exercise, and the sheer quantity of ideas was inspiring.<\/p>\n<p>These are all the things I could do with my time if I didn\u2019t have this full-time job, I thought. These are all the things I would do if I were financially independent.<\/p>\n<p>A significant portion of them were travel-related, but there were plenty of ideas even if we stayed home: everything from learning a new musical instrument to growing a garden to training for a marathon. \u201cSleeping in\u201d even got its own call-out \u2013 a respectable goal in and of itself.<\/p>\n<p>Amusingly, a whole group of the ideas looked and sounded a lot like work. They might skew toward more flexible, entrepreneurial projects (somehow, \u201cGet a 40 hour\/week desk job\u201d didn\u2019t make it onto the page), but they\u2019re what a lot of people would call \u201cjobs.\u201d<\/p>\n<p>This was a revelation for me. My goal isn\u2019t really to never work again. It\u2019s just to work on my own terms. Financial independence doesn\u2019t mean never earning any income again; it just means allocating my time based on personal interest rather than on financial incentives.<\/p>\n<p>Some of these projects and activities are unlikely to ever produce an income. I\u2019m fairly confident, for example, that my drawings and paintings will not be on display at your local art gallery any time soon. Others, though, might be profitable.<\/p>\n<p>This is part of the reason I don\u2019t like the connotations of the term \u201cearly retirement.\u201d In addition to sounding ridiculous for someone still in his twenties, it\u2019s not really reflective of my vision for the decades ahead. Though I don\u2019t plan to spend 60 hours a week working for a corporate employer anymore, there are many projects I want to pursue \u2013 balanced, of course, with plenty of time for rest and relaxation. This \u201csemi-retirement\u201d seems like the best of both worlds.<\/p>\n<p>(This is also part of the reason, by the way, that I don\u2019t stress over keeping my withdrawal rate at or below exactly 4% every month. I expect that there will be times when my withdrawal rate is high, and others when it\u2019s low or even negative.)<\/p>\n<h2>Using possibilities as inspiration<\/h2>\n<p>I kept that piece of paper on my desk for several years. I looked at it often, especially when I was in need of some inspiration to stay on track financially.<\/p>\n<p>Looking back at it now, I\u2019m thrilled to say that we\u2019re actually living several of these dreams today. This year, we\u2019re checking the boxes (at least partially) for road-tripping around the U.S., visiting many National Parks, and exploring Eastern Europe.<\/p>\n<p>At the same time, the number that we\u2019re not pursuing today is staggering, too. It\u2019s going to be a while before I learn carpentry or how to play the piano. Even this relatively short list has more adventures than I could ever reasonably pursue, but that\u2019s the point. It\u2019s a list of possibilities, not a bucket list. There\u2019s no pressure to do it all.<\/p>\n<h2>Defining success<\/h2>\n<p>We spend a lot of energy in this community discussing the prospect of success or failure, but it\u2019s almost always in the context of finances. Will we have to go back to work if the market collapses? Will our portfolios survive?<\/p>\n<p>Rarely, though, do we discuss what \u201csuccess\u201d means for our lives. What is my purpose? How will I judge the success of this non-traditional life choice I\u2019m making?<\/p>\n<p>We gave up millions of dollars of future net worth by leaving our full-time jobs. How will we evaluate that trade-off?<\/p>\n<p>Day-to-day happiness is the easiest gauge, of course. If I\u2019m not happy, it will be time to make changes.<\/p>\n<p>There\u2019s plenty of research, though, suggesting that happiness isn\u2019t everything. \u201cBeing happy is about feeling good,\u201d Emily Esfahani Smith writes in The Atlantic. \u201cMeaning is derived from contributing to others or to society in a bigger way.\u201d<\/p>\n<p>With that in mind, I think it\u2019s worth defining our purpose beyond just \u201cI want to be happy every day.\u201d What can we do that will bring us real, long-term fulfillment?<\/p>\n<p>Toward the beginning of this year, our friends at Our Next Life did exactly that with their beautifully articulated three-part purpose. It inspired me to look back at my mess of ideas and to distill them down into a few major categories.<\/p>\n<blockquote><p>\u201cWhat do I really want out of my life?\u201d<\/p><\/blockquote>\n<p>Synthesizing and re-organizing them (and borrowing Our Next Life\u2018s lovely format) left me with this:<\/p>\n<p><strong>Adventure<\/strong>: I want to experience new places, cuisines, and cultures and be physically active every day.<\/p>\n<p><strong>Learning<\/strong>: I aspire to grow my knowledge and build new skills.<\/p>\n<p><strong>Community<\/strong>: I seek to make new friends and strengthen my relationships with my friends, my family, and my communities.<\/p>\n<p>We\u2019re just getting started with this \u201csemi-retired\u201d life, and I\u2019ve hardly made a dent in my long list of potential activities. But as we wade deeper into this new lifestyle experiment, these are the criteria I\u2019ll use to evaluate the activities we pursue \u2013 and whether this journey is on-track.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial independence and early retirement (FIRE) are growing in popularity, but you don\u2019t have to browse the comments sections of Forbes or Yahoo Finance long to find plenty of skeptics. The FIRE critics represent many viewpoints. There are the well-intentioned risk-averse types, hesitant about the viability of supposedly \u201csafe\u201d withdrawal rates in today\u2019s high-valuation environment.<\/p>\n<div class=\"dm-excerpt\"><a href=\"https:\/\/apps1.devmaverick.com\/prw\/blog\/envisioning-life-without-work\/\">Continue reading<\/a><i class=\"fas fa-chevron-right\"><\/i><\/div>","protected":false},"author":120,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[27],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Envisioning Life Without Work - Professional Resume Writers<\/title>\n<meta name=\"description\" content=\"The longer someone\u2019s been in the workforce, the more likely he or she seems to be to depend on work. What happens to life without it?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/apps1.devmaverick.com\/prw\/blog\/envisioning-life-without-work\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Envisioning Life Without Work - Professional Resume Writers\" \/>\n<meta property=\"og:description\" content=\"The longer someone\u2019s been in the workforce, the more likely he or she seems to be to depend on work. What happens to life without it?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/apps1.devmaverick.com\/prw\/blog\/envisioning-life-without-work\/\" \/>\n<meta property=\"og:site_name\" content=\"Professional Resume Writers\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-15T16:35:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-02T14:20:11+00:00\" \/>\n<meta name=\"author\" content=\"James\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"James\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/apps1.devmaverick.com\/prw\/blog\/envisioning-life-without-work\/\",\"url\":\"https:\/\/apps1.devmaverick.com\/prw\/blog\/envisioning-life-without-work\/\",\"name\":\"Envisioning Life Without Work - Professional Resume Writers\",\"isPartOf\":{\"@id\":\"https:\/\/apps1.devmaverick.com\/prw\/#website\"},\"datePublished\":\"2017-12-15T16:35:56+00:00\",\"dateModified\":\"2021-01-02T14:20:11+00:00\",\"author\":{\"@id\":\"https:\/\/apps1.devmaverick.com\/prw\/#\/schema\/person\/361352fdea702ebbde73839c329ccafa\"},\"description\":\"The longer someone\u2019s been in the workforce, the more likely he or she seems to be to depend on work. What happens to life without it?\",\"breadcrumb\":{\"@id\":\"https:\/\/apps1.devmaverick.com\/prw\/blog\/envisioning-life-without-work\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/apps1.devmaverick.com\/prw\/blog\/envisioning-life-without-work\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/apps1.devmaverick.com\/prw\/blog\/envisioning-life-without-work\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/apps1.devmaverick.com\/prw\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Envisioning Life Without Work\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/apps1.devmaverick.com\/prw\/#website\",\"url\":\"https:\/\/apps1.devmaverick.com\/prw\/\",\"name\":\"Professional Resume Writers\",\"description\":\"Professional Resume Writers\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/apps1.devmaverick.com\/prw\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/apps1.devmaverick.com\/prw\/#\/schema\/person\/361352fdea702ebbde73839c329ccafa\",\"name\":\"James\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/apps1.devmaverick.com\/prw\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f8891c4ca4e5ac68f9663f3bde9bdc26?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f8891c4ca4e5ac68f9663f3bde9bdc26?s=96&d=mm&r=g\",\"caption\":\"James\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Envisioning Life Without Work - Professional Resume Writers","description":"The longer someone\u2019s been in the workforce, the more likely he or she seems to be to depend on work. What happens to life without it?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/apps1.devmaverick.com\/prw\/blog\/envisioning-life-without-work\/","og_locale":"en_US","og_type":"article","og_title":"Envisioning Life Without Work - Professional Resume Writers","og_description":"The longer someone\u2019s been in the workforce, the more likely he or she seems to be to depend on work. What happens to life without it?","og_url":"https:\/\/apps1.devmaverick.com\/prw\/blog\/envisioning-life-without-work\/","og_site_name":"Professional Resume Writers","article_published_time":"2017-12-15T16:35:56+00:00","article_modified_time":"2021-01-02T14:20:11+00:00","author":"James","twitter_card":"summary_large_image","twitter_misc":{"Written by":"James","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/apps1.devmaverick.com\/prw\/blog\/envisioning-life-without-work\/","url":"https:\/\/apps1.devmaverick.com\/prw\/blog\/envisioning-life-without-work\/","name":"Envisioning Life Without Work - Professional Resume Writers","isPartOf":{"@id":"https:\/\/apps1.devmaverick.com\/prw\/#website"},"datePublished":"2017-12-15T16:35:56+00:00","dateModified":"2021-01-02T14:20:11+00:00","author":{"@id":"https:\/\/apps1.devmaverick.com\/prw\/#\/schema\/person\/361352fdea702ebbde73839c329ccafa"},"description":"The longer someone\u2019s been in the workforce, the more likely he or she seems to be to depend on work. What happens to life without it?","breadcrumb":{"@id":"https:\/\/apps1.devmaverick.com\/prw\/blog\/envisioning-life-without-work\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/apps1.devmaverick.com\/prw\/blog\/envisioning-life-without-work\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/apps1.devmaverick.com\/prw\/blog\/envisioning-life-without-work\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/apps1.devmaverick.com\/prw\/"},{"@type":"ListItem","position":2,"name":"Envisioning Life Without Work"}]},{"@type":"WebSite","@id":"https:\/\/apps1.devmaverick.com\/prw\/#website","url":"https:\/\/apps1.devmaverick.com\/prw\/","name":"Professional Resume Writers","description":"Professional Resume Writers","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/apps1.devmaverick.com\/prw\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/apps1.devmaverick.com\/prw\/#\/schema\/person\/361352fdea702ebbde73839c329ccafa","name":"James","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/apps1.devmaverick.com\/prw\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f8891c4ca4e5ac68f9663f3bde9bdc26?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f8891c4ca4e5ac68f9663f3bde9bdc26?s=96&d=mm&r=g","caption":"James"}}]}},"_links":{"self":[{"href":"https:\/\/apps1.devmaverick.com\/prw\/wp-json\/wp\/v2\/posts\/6612"}],"collection":[{"href":"https:\/\/apps1.devmaverick.com\/prw\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/apps1.devmaverick.com\/prw\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/apps1.devmaverick.com\/prw\/wp-json\/wp\/v2\/users\/120"}],"replies":[{"embeddable":true,"href":"https:\/\/apps1.devmaverick.com\/prw\/wp-json\/wp\/v2\/comments?post=6612"}],"version-history":[{"count":0,"href":"https:\/\/apps1.devmaverick.com\/prw\/wp-json\/wp\/v2\/posts\/6612\/revisions"}],"wp:attachment":[{"href":"https:\/\/apps1.devmaverick.com\/prw\/wp-json\/wp\/v2\/media?parent=6612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/apps1.devmaverick.com\/prw\/wp-json\/wp\/v2\/categories?post=6612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/apps1.devmaverick.com\/prw\/wp-json\/wp\/v2\/tags?post=6612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}