Tired of the rat race....

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   / Tired of the rat race.... #1  

grainger12002

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Oct 1, 2002
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806
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Pomfret,Connecticut
Tractor
yanmar 336d w ldr,Cub,many attachments
Little off subject, but anybody else tired of the rat race? I am tired of running from one thing to the next,day in and day out- All I want is to be able to pay my bills on time,spend time with my friends and family and get a little reward from the daily grind. IS that asking too much? Seems like the job requires more & more while returning less,I am not going to work my life away while my son grows up by himself,its just not worth it-Cost of making a living is getting to me......Thanks for letting me vent
 
   / Tired of the rat race.... #2  
Hey Grainger, I agree completely. My wife and I have a theory (philosophy?) that it seems rediculous in modern life that we all are urged to work like mad for 45 years of our life (more like 50-55 years for people my age) just so we can "get ahead". At that point, we are expected to have made/earned/saved/stolen enough money to continue existence in a state of "retirement". Supposedly at this point, we will be "earning" (distributions/interest/gov't plans) approx 1/3 - 1/2 of the annual income we have become acustomed to in the last 45 years.

PFFFTTTTT!!!!!

Our plan is to skip the whole process (rat race) and move as quickly as possible to the reduced income, happy content way of life. Granted, we will still be running a horse business with paying customers that we will be responsible to, but we will not be....as they say....owned by "the man"

/forums/images/graemlins/grin.gif

Dave
 
   / Tired of the rat race.... #3  
My wife and I decided long ago to step aside and let the world go by. It wasn't easy. Forget a lifetime of being trained to be a good little materialist. My personal struggle was to learn how to not give so much at work that there was little left for home. Oh, and to resist the urge to buy new stuff just because I had great credit! /forums/images/graemlins/crazy.gif

But we started sinking funds for all the major things we knew would have to be replaced periodically. Paid off the car and kept making payments to our savings account...so when the car finally died completely we had cash to buy a replacement outright. Ditto the tractor, clothing, etc till our monthly expenses were down to fuel and food. Then we started gardening in earnest, hunting, and now raising our own livestock. In summer and fall we're probably 90% self-sufficient now. Winter and spring still require trips to the grocery.

But this local penchant for out-of-staters to come here and build huge look-at-me homes has driven property values so high our taxes are beginning to threaten the life off the rat race way. Guess that's the next worry!

Good luck! Pete
 
   / Tired of the rat race.... #4  
You guys have my admiration. You figured it out a lot faster than my wife and I did. We were in our 50's before we realized that it never was one of our ambitions to be the richest corpses in the graveyard. So we "retired". No more 12/16/20 hour days, 7 days a week, weeks and months spent away from home in some terrible, terrible places in the world just to chase a dollar. You know what?.... we've never been happier and healthier. We still have some long days working around the house and at the family farm but it's FUN!!!!! We don't have nearly the life style we once had but that doesn't seem nearly as important as it once did. We're debt free and still get enough to eat. I'm just glad we figured it out in time to have some happy, healthy, active years together, surrounded by family and friends, before old age slows us down to a dead stop. Gotta go, got a pasture to mow and a deck to work on while my wife is down tending to her vegetable garden. Life is good.
 
   / Tired of the rat race.... #5  
At 40 I finally figured out that if I won the rat race I would still be a rat! My wife and I bought some land. (After the WorldCom fiasco, I figured land was a better investment for our funds than most stock. ) I got a tractor and we are looking to build something (small) soon. We are still in the rat race, but we are slowly working our way out. As we get closer to our dream, I finally can feel that the light at the end of the tunnel isn't an oncoming train. I own my land straight up and a trailer on it. I finally have the satisfaction that if everything went to crap I would still have shelter and a place to rebuild from. We are almost debt free and I'm lovin it. Keep dreaming and work at it. Trust me good things will happen.

Lane Smith
 
   / Tired of the rat race.... #6  
Agree 100% with you. As the others have stated, it took us a while to figure it out too! But I'm retiring next year at the earliest that I can so that we can be doing the things that WE want to do. We won't quit working. In fact, we'll probably be even busier than we are now. But it'll be OUR busy, on our terms, the way we want it to be. And we're downsizing too. In fact, over the last couple of years, we've been selling stuff off. I don't think we'll reach the point that Pete and Tamara have, but we will reach the point where we won't need to worry about where the next car or mortgage payment comes from.

Regarding the job requiring more and more, it's easy to get into that. A really good friend gave me some really good advice a number of years ago. He said, "I don't get too carried away with worrying about getting everything done each day, because it'll be there tomorrow when I come in again." I've used that a lot to keep myself from getting too wrapped up in work. I've been told that I'm not a team player. So be it! Some people live to work. I work to live! /forums/images/graemlins/wink.gif /forums/images/graemlins/laugh.gif
 
   / Tired of the rat race.... #7  
I read someplace a saying that went something like this: Nobody that was dieing ever wished they spent more time at the office.

When my daughter entered kindergarten I decided I wanted to be there when she got off the bus. I changed my work schedule and now go in early and am home at three when the kids get home. The kids now have after school activities but I get to see all their games and chauffer them around to all their activities and help with their homework before dinner.

The taxes in NY are ridiculous and everyone knows that kids are expensive so we are still not out of the rat race. But, I like the style of life we are able to provide for the kids right now. It won't be that many more years and they will be away at school.

At some point I would like to buy a BIG boat and move aboard. No property taxes if you register it in the right place. If you get sick of living somewhere you just pull up anchor and your off /forums/images/graemlins/grin.gif Tired of the snow? Head to the south pacific for a couple of years /forums/images/graemlins/grin.gif /forums/images/graemlins/grin.gif /forums/images/graemlins/grin.gif I turned 40 this year so I need to get this stuff done before I get too old.
 
   / Tired of the rat race.... #8  
Well I'll go the other way. I love the rat race. But to me everything I do is not work. Even if I won the lottery I wouldn't change one thing from what I am currently doing. The only thing I hate is dealing with insurance companies. Other than that I'll take the 20 hour days til the day I die.
 
   / Tired of the rat race.... #9  
My retirement came as a bit of an unplanned surprise. The people I had working with me in my business became either sick, disabled or died, and I was suddenly alone, with no easy way to replace them. I was depressed for about 6 months, then we bought the property in Okeechobee and I came alive again. I'm working as hard as ever, but it's on my terms, at my schedule, and for us.

My wife hasn't retired, but she has cut back. She loves her work (she's a physical therapist with home-bound patients) and has often said she'd do it for free if they weren't so anxious to pay her. Over the next couple of years she'll cut back some more, but I don't think she'll quit until she's physically not able to do it any longer.

We have everything paid for and are selling a commercial property to finance the Okeechobee project, so we're OK there. We have enough income to retire moderately, but not enough to afford toys or serious travel. So, the plan is to still bring in some income -- on our own schedule. Betsy will still see a few patients, and I plan to dismantle a car at a time in my future barn, and peddle the parts on EBay. I have 5 VW Rabbits with many valuable parts just waiting for the day, as a start. My research shows that everything sells, from wheels and transmissions to door handles and dash boards.

I can't imagine a better life. A few hours on the tractor, a few hours making things I want, a few hours taking things apart without having to put them together again, and a few hours on the computer selling the stuff, then being able to shut it all down and take off in the motor home for a few days, whenever we want to. Betsy is an avid quilter, so she's happy wherever we go. I can't take my tig welder along in the motor home, so I'm thinking about signing up for some art classes at the community college, even though I've never held an artist's brush or pastel in my life. I don't have to be good at it -- I just like the doing. I suspect I can make nice frames...

Life is good. But, it was a hard road to get here.
 
   / Tired of the rat race.... #10  
We have good food, a warm house and decent clothes. What else do we really need? /forums/images/graemlins/wink.gif
 
   / Tired of the rat race.... #11  
I spent the last 20 years (as of 2000) working for a major manufacturing company as a machinist. They moved to Mexico and I decided to go to school for computers. That market went to hell and I went into sales. Now I want to retire but can't because I have two kids in college. We own 40+ acres in a rich little town. The wife and I could very easily sell off the two houses we own and sub-divide the land out. We could retire to anywhere after that. Unfortunately we like our location and my daughter plans on moving into the old farm we own in 2 years. So we tread on and on in search of whatever comes next. The tractor and projects keep me happy from the everday grind of work.
 
   / Tired of the rat race.... #12  
</font><font color="blue" class="small">( We have good food, a warm house and decent clothes. What else do we really need? /forums/images/graemlins/wink.gif

)</font>



A TRACTOR!
 
   / Tired of the rat race.... #13  
</font><font color="blue" class="small">( We have good food, a warm house and decent clothes. What else do we really need? /forums/images/graemlins/wink.gif
)</font>

Health insurance.
Cliff
 
   / Tired of the rat race.... #14  
I retired 5 years ago and got everything paid off figuring that we could do well for the rest of our lives on savings and our retirement plan. Not so, because the town we live in keeps raising the property taxes to pay for the influx of school children. 90% of the towns budget is spent on education and the parents of the school children still want more. It cost $7000 per child to educate them. The problem is that too many of the homes in town have at least 2 children in the system. When their children finally are educated and off to college, then the parents move out and sell to the next couple that have children that want a good education that the town provides. The school budget is out of control!!!! /forums/images/graemlins/frown.gif It is getting to the point that I will have to sell out to someone with children, becasue I won't be able to afford the taxes! /forums/images/graemlins/mad.gif
 
   / Tired of the rat race.... #15  
If you think working for someone else will wear you out......... get self employed. You get up before the sun rises and work till you fall asleep on your feet. Then you get to go to bed and start all over the next day. The wife and I have been doing it for years and we both love it! /forums/images/graemlins/grin.gif
 
   / Tired of the rat race.... #16  
We're trying!!!! /forums/images/graemlins/smile.gif /forums/images/graemlins/smile.gif /forums/images/graemlins/smile.gif

Dave
 
   / Tired of the rat race.... #17  
An aquaintance of mine is very wealthy, early 40's and miserable. He said he spent the last 20 years chasing the rabbit and now that he's caught it, it doesn't taste so good.

I'm still chasing the rabbit!

Eddie
 
   / Tired of the rat race.... #18  
Forced out of my job by a greedy partner at the age of 44. Bought some commercial properties, bought a house in Florida, kids graduated from high school last May, have done fairly well day trading. That lasted four years.

All I can say is that I must have become real bored, my propery here mostly trees, about 4 acres could be tillable. Tried the farmers market last year on one acre. In December built a greenhouse and January bought another 46 acres close to my orginal land with 40 acres tillable. Right now, about 20 acres are tilled, with the rest to be tilled, and seven acres of potatoes are in and twenty thousand plants are in the greenhouse ready for the weather to warm up with no more frost.

The upside is I need a bigger tractor, plow, disc and larger tiller. Have already purchased an enclosed trailer, air seeder, mulch layer and potato planter, will need to order a potato harvester yet by June.

With the wife, both kids helping and an older retired brother, I should be able to keep my hours down to 12-14 a day. Enjoyed the interaction with people to much so this way work with them for four months out of the year, the rest is either working the ground, planting or weeding. If I would want to cut back on the acreage, I can. The real cold months will be spent in Florida tending a dozen citrus trees and the various palm trees.

Have the best of both worlds, back to my farming roots, the rat race part of the year on my own terms and winters in warm climate when it is cold up here.
 
   / Tired of the rat race.... #19  
I've arrived about where I'd hoped to be. Maybe my story can help a younger person choose their own path and avoid the rat race.

Halfway through college I and many others looked around and asked just what are we being educated for? Berkeley's Free Speech Movement started from that question; asking why California's finest public education was programmed to produce cogs in a machine. (Much of Berkeley's research funding came from sources that Eisenhower had labelled the Military/Industrial Complex at the end of his term in 1960. That's where many graduates were programmed to go after graduation).

A lot of crazies climbed on board the Free Speech movement and I claim no affinity for them but the original, core question, asked by some very well educated young citizens, implied: can we create a more satisfying culture than that we were born into? Why accept that which we are programmed for? That was an era of idealism inspired by JFK, manifested as students helping with voter registration to share the American dream with more of its citizens, and JFK's creation of the Peace Corps as a means of furthering America's international interests using new forms of diplomacy.

I left college (Not Berkeley, but the JC down the street from it) and applied to the Peace Corps. Got my acceptance letter just before the US announced that 5,000 US 'military advisors' would go to Vietnam. I had an awful premonition....

I returned from the Peace Corps and returned to college with a pretty clear idea my government had gone off in one direction and I was going in a different direction. I got student deferments like Cheney, then that draft lottery determined that I would not have to serve a second period of service so I was free to script my own future.

One book I read in college as I neared graduation left a lasting impression: 'Of Time, Work, and Leisure' by Sebastian de Grazia, an American political science professor who spent part of each year at his second home in Florence, Italy. His point was fascinating, that with modern automation, it should already be possible to live a comfortable life with less than the traditional 40 hours/week paid work, and he predicted the work hours necessary for a good life would decline *if* individuals could resist the pressure in our culture to consume more.

I happened to be raised by a world class cheapskate (drove his last car 30 years, for example) so the minimal spending part was easy to attain. I got into construction for the income side of the puzzle and worked my tail off, but my largest year was only 1300 paid hours. (de Grazia was right!). I used the remaining time to buy and refurbish rentals. By year seven the rentals paid enough to allow me to take two years to go to grad school. (MBA).

That put me into the white-collar world at an income well above my day-to-day needs, and with two new daughters it was time for some stability. I started individual funds for the kids' college and started saving to eventually buy the other half of Dad's ranch upon his advice; he said expect to inherit half but to pay cash for the other half imediately upon his passing.

When I had accomplished what I needed to do, ie kids' college funds, ranch fund, savings, and a civil service pension with health benefits as underlying security for my own old age, I retired at age 54.

Life always has surprises. My free time was suddenly filled with helping elderly Dad deal with his second wife who was becoming uncontrollably crazy with Alzheimer's, then Dad's difficult final years, then Father-in-law's followed by M-I-L's decline including unravelling much chaos throughout their final years. Today we were over there cleaning out the house for the estate sale. Now finally it's just Mom who at 94 is clear-headed and proudly lives independently. (with a little help from a part-time paid caregiver. I strongly recommend this - trying to do elder care yourself will age you faster than them).

Responsibility for the kids is nearly over, one graduated and the other halfway there and fiercely independent. Both are sincerely thankful that their education is paid for and they won't have student loans. I want both of them to have the freedom of choices that I had. In this generation education loans are the leash that forces graduates to start the work/consume trap.

Older daughter continues working on campus as a research assistant and talks of going abroad as a contract English teacher, and younger daughter is leaving soon for semester abroad in India. I don't expect either to settle down in a conventional job for a while. I guess we raised them right.

Maybe this clarifies why I started with a used tractor at a quarter the cost of a new one. It does everything I need. What more could I want, that would be worth the hours work it would take to buy it?


As Don said a lot more concisely than I can - life is good.
 
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