Recently I was thinking back to my lifestyle design posts and it occurred to me I left something out of my options: should I just work less now? Which got me thinking about what is semi-retirement? It is hard to nail down since so many different things could be part of a semi-retirement, but typically you work part time in order to have more time to do what you love and partly live off your investment income. That last part is somewhat optional since it is possible to have enough income that you don’t really need your investment income at the start.
So with that in mind I recently thought: why don’t I just drop down to part-time work at my day job? I could basically semi-retire not in a few years, but rather in a few months. After all I don’t really need my day job anyway, so why not accept more time and freedom for less pay?
Thus I decided to try and have booked a meeting with my boss toward the end of the month to discuss the idea. My proposal will be simple: I’m drowning in work from two jobs and I’m stressed out. My solution is to drop down to working 80% of the time. I’ll still come into the office five days a week, but I’ll just be leaving each day by mid-afternoon. The company will save money on my salary and benefits and will get a more productive worker when I am there.
Will it work? I don’t have the slightly idea if this will fly or not, yet I have nothing to lose in trying. Life is too short to spend it in office building doing work that someone else decided was ‘important.’ I want more time NOW, so I’m willing to push back my full retirement dreams a bit to get that. There is little point being ‘free at 45’ if I’m burnt out when I get there.
So what would you do? Would you being willing to work less now, but accept a later full retirement date or not?