Posted by Tim Stobbs on October 2, 2008
Perhaps one of the hardest aspects of retirement planning is getting to know yourself specifically your wants and needs to plan a successful retirement. Often we plan our retirement to the last dime and forget about fill those extra 2000 hours a year when our job is gone.
I’ve personally had a dream of writing more in retirement, but recently I’ve come to an interesting conclusion about myself. Despite writing this blog daily for nearly two years and writing four novellas and a pile of short stories I don’t consider myself a writer. Say what? Yes I know strange isn’t it. I will say “I like to write” or any other wording possible to avoid the terms writer or author.
Interesting isn’t it? So as I played around with this idea in my head and wondered why. I discovered an interesting fact about myself: I’m terrified of being successful at writing. Why? I’m afraid is I do really well and I’m actually making enough money to quit my day job. If that occurs I won’t likely be saving anywhere near the same amount and I will give up my dream to retire early.
Yet if you think about it if I’m writing for a career do I even care if I retire early anymore? I was just planning on writing anyway, so who cares if I won’t be about to ‘retire’ at 45. I’m going to be doing something I love anyways.
So that is why my subconscious likes to sabotage my efforts. Hence why I often publish my first drafts of posts, which is really not a great idea when I know I always need an edit to turn out anything decent.
So what is the goal in life: living your dream or financial independence? Which do we try for? Or can we do both? Where does living for today start and living in a dream of tomorrow end? What is the present value of future happiness? What’s your thoughts on this idea?