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Reply to "Has anyone here retired early on a lean budget (or plan to)?"
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[quote=Anonymous][quote=Anonymous]Op I think you could do this. Try to secure a flex independent professional job first. That way you have a little something coming in. This is another possibility: always have 2 of these going at once (20h for one, 20h for the other, more or less) Could do 30+10, or some variation. So you can rely on hopefully one to stick even if the other dissipates. If one does dissipate, you pick up another small flex job. Whatever industry and work you are in, start there. If you get one going, retire. Then pick up another. I’m a Sahm returning, and I have 2 things like this going. Flexible quantity of hours, so I put in what I can fit in, what I feel like earning. About 20-30 hours I am doing right now in one job. The other is my own freelance so I have complete control of hours. Would like to shift more into that, drop off fewer hours in the other and keep the other thing going a little bit.[/quote] Me again, I was on a walk the other day and thought about this deeply. A lot of Americans could benefit by working 2 part-time jobs. *If it fits for them.* Definitely stages where you want full-time with traditional benefits. You can calculate whether you like one job better than the other. You can calculate which pays more and lean into it. You can work them both for a while until your contract is up and the employer lets you go. You can drop one and try out something else. My DH is FT (well, 4.25 days per week), but the “sub” rate is incredible. When he wants to retire, he’ll transition that work. A lot fewer hours for more pay, but having to set up his own benefits. I think it would be good for him to take this two-prong approach. Have a couple of things going so he can pivot, drop, be flexible.[/quote]
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