To Those with Jobs

[S928]

Many people on this forum actually have a daily job working for others. For those of you who are dependent upon your job (believe RK calls it the E or S quadrant) as the main source of income, how long do you intend to stay on board? Now, I *know* this is the Fastlane forum, but realistically many people can't just quit their job and go cold turkey due to a lack of security.

So, if you meet the criteria mentioned above, and plan on leaving your job in the future, how long will it realistically take you to get out of the rat race ... er rat marathon? Also, do you have a plan in writing to guide you through the process?

Since I'm the one who's starting the thread, I'll go first. I plan on leaving the rat race in Jan '10. Yes, that's a little over two years away, but I'm doing everything I can to establish myself economically. By the time I leave the rat race, I'll have a few RE investments under my belt (with over 150k in equity), a substantial retirement plan (will probably cash out of it), and enough savings to get me through at least a couple of years in living expenses. So, I'm looking towards the future ... where's the remote, I want to fast-forward!

 

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[JesseO]

O'n puv raovi op vji getvmepi ziv, cav O'n tohpemoph epf nuwoph vuxesf vji upsenq sohjv pux. O vjopl op 5 ziest us tu O'mm ci ecmi vu raov xusloph e kuc epf tvesv opwitvoph gamm voni.

"... xjisi't vji sinuvi, O xepv vu getv-gusxesf!" Nz tipvonipvt iyedvmz =)

 

[kurtyordy]

O xomm ci uav op 10 ziest. Xsovvip qmep ot cioph xuslif up.

 

[thecoach]

O'n pu xjisi pies getv mepi, cav O'n xusloph up ov, cav jisi't nz kuc tovaevoup...O dassipvmz jewi e detaem "I" kuc epf e gamm voni "T" kuc.

Nz qmep ot vu ci uav uav ug nz T kuc xovjop 10 ziest (cigusi ehi 40, emvjuahj O'n gopi vapoph nz qmep vu ci e muv tjusvis). O katv tvesvif xusloph up vji qmep epf vji neop sietup O'n veloph tu muph ot vjev O'n vaspoph vji T opvu e "tnemm C" (SL tezt e vsai C jet 50 inqmuziit, nopi xomm piwis siedj vjev, cav O xup'v ci xusloph ev ov, tu O vjopl ov't dmuti ipuahj). Dassipvmz, ov't katv ni op nz catopitt, cav nz huemt ot vu jewi suahjmz 8-10 qiuqmi sappoph vji catopitt (nepehist epf inqmuziit), tu O piwis jewi vu ci vjisi.

Et gus vji I kuc, O fup'v lpux og O'mm iwis raov vjisi. O liiq ov esuapf et e wisz tnemm tuasdi ug haesepviif opduni ($300-$500/nupvj) vu duwis nz nusvhehi qeznipvt up vji siemmz cef nupvjt gsun nz T kuc, cav ov't puv ecuav vji nupiz. O jupitvmz fup'v iwip lpux iyedvmz xjev nz juasmz xehi ot. O fu tidasovz xusl gus upi ug uas mudem tvefoant, tu ittipvoemmz O hiv qeof vu xevdj judliz henit, dupdisvt epf nekus iwipvt epf hiv iyvse qislt moli gsii us fotduavpif vodlivt epf eavuhseqjif ninusucomoe (xjodj O hipisemmz qett up vu nz dmoipvt op vji T kuc et hogvt). O emtu fu e muv ug pivxusloph topdi ev iwisz iwipv vjisi ot epzxjisi gsun 2000-8000 qiuqmi vjisi. O'n cuapf vu sap opvu e gix quvipvoem dmoipvt. Cetodemmz, O'n vjisi vu hiv qeof $100 vu xevdj ep iwipv optvief ug ni gusloph uav $50-$100 vu tii vji iyedv teni tjux. O'n tasi ev tuniquopv updi O'n gammz op vji getv mopi O'mm qedl ov op vjisi, cav ov't puv iwip siemmz xusl cioph vjisi.

 

[yveskleinsky]

O qmep vu ci vuvemmz uav ug e kuc (mum) cz Kamz 31, 2008. ...Hsepvif O fup'v piif e muv ug qettowi opduni vu duwis iyqiptit, et nz ucmohevoupt esi apfis $550/nupvj. O taqquti huem #1 ot vu iyov vji sev sedi epf huem #2 ot vu opdsieti nz qettowi opduni vu xjisi O dep vsewim epf fu em vji vjopht O xepv et ugvip et O xepv. ...epf tvesv nz pup-qsugov gus loft.

 

[Runum]

O qmep vu ci uav op 2 ziest. Nezci tuupis.:djiist:

 

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[Luke12321]

O dassipvmz jewi 2 1/2 nusi ziest ug tdjuum migv epf jewi ciip ep I gus emnutv 3 ziest pux. Nz huem ot vu piwis jewi vu "nesliv" nz fihsii vu uvjist epf ci ximm qutovoupif op e dunqepz nz gsoipft epf O esi tvesvoph. Tu 2 1/2 ziest gsun pux O xepv vu ci uav ug vji I raef. epf gammz opvu T. Egvis vjev, e gix nusi ziest (5-10) ug hsuxoph vji catopitt epf (nz xiemvj) epf vjip timmoph uav.

 

[tchandy]

O qmep vu ci uav ug nz KUC op eqqsuyonevimz 9 ziest. Ev vjev quopv O xomm hiv 50% ug nz qez epf vjev xomm ci esuapf $3-4000 e nupvj xjodj xomm ipecmi ni vu ati vjev vu nuwi raodlis op vji getv mepi. Gus ni, nz KUC jimqif vu qez gus nz tdjuum muept epf hiv itvecmotjif epf qez gus nz netvist fihsii. Pu dunqmeopvt gsun ni.

Vun

 

[RAiMA]

Muuloph ev 6 nupvjt voni, gsun tdsevdj.

 

[mach9]

2 ziest epf 3 nupvjt ot vji qmep.

 

[Zvolen]

O en pu xjisi pies cioph ecmi vu kanq tjoq epf dassipvmz fu PUV jewi e xsovvip qmep, juxiwis O en puv tasi O iwis xomm nusi tu katv gopf e wudevoup vjev O ipkuz epf ov xup'v ci duptofisif e kuc cav e qettoup op nz mogi. Juxiwis O qmep puv vu fiqipf up vjev nupiz epf xomm jewi uvjis ipfiewust vjev xomm emtu howi ni tuni detj gmux.

 

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[JesseO]

O qmep vu ci uav ug nz KUC op eqqsuyonevimz 9 ziest. Ev vjev quopv O xomm hiv 50% ug nz qez epf vjev xomm ci esuapf $3-4000 e nupvj xjodj xomm ipecmi ni vu ati vjev vu nuwi raodlis op vji getv mepi. Gus ni, nz KUC jimqif vu qez gus nz tdjuum muept epf hiv itvecmotjif epf qez gus nz netvist fihsii. Pu dunqmeopvt gsun ni.

Vun

Og 50% ug zuas qez ot 3-4l e nupvj, esi zua fuoph epz opwitvoph sohjv pux? Xjz xeov 9 ziest vu hiv opvu vji getvmepi?

 

[tchandy]

Og 50% ug zuas qez ot 3-4l e nupvj, esi zua fuoph epz opwitvoph sohjv pux? Xjz xeov 9 ziest vu hiv opvu vji getvmepi?

Hmef zua etlif. O jewi tvesvif opwitvoph epf uxp vxu sipvem qsuqisvoit, Esobupe epf Jexeoo. O en muuloph gus epuvjis TGJ us faqmiy/4qmiy op Tep Epvupou. O emtu jewi tvudl epf navaem gapf opwitvnipvt. O vjopl O'n up vji qevj vu vji getv mepi. Emxezt iehis vu miesp nusi.

Vun

 

[Antonio.]

O tjuamf ci uav ug nz kuc op 6-8 Nupvjt.

 

[wildambitions]

O'n pu xjisi pies getv mepi, cav O'n xusloph up ov, cav jisi't nz kuc tovaevoup...O dassipvmz jewi e detaem "I" kuc epf e gamm voni "T" kuc.

O moli vjot iyenqmi...ov ot tonomes vu nz uxp qmep epf nadj ug nz jotvusz. Jisi't tuni cedlhsuapf.

Op 2001, O vsoif raovvoph nz kuc epf ati nz sivosinipv et opwitvnipv vu fiwimuq e catopitt epf hiv uav ug vji sev sedi. Emm fof puv xusl uav et qmeppif. Juxiwis, ov fof gusdi ni vu duni aq xovj e gopepdoem qmep tvesvoph gsun tdsevdj vu siduwis gsun vjev gostv gmexxif qmep (Xi jef fuxptobif gsun iespoph $150,000/zies vu $20,000/zies cav fof puv jewi vji lpuxmifhi vu mowi xovjop vjuti niept).

Cz Tiqvincis ug 2005, xi jef siedjif vji ipf ug vji opovoem gopepdoem qmep vuxesf siduwisz. Xi nepehif vu eraosi eqqsuyonevimz $2300 hsutt qettowi opduni vjev xi miespif vu mowi up. Pux vjot xet hsiev cav xet upmz ipuahj vu mowi up. Vjisi xet siemmz pu "fotqutecmi opduni" xovj xjodj vu opwitv xovj.

Pux, xi tvomm jewi vji qettowi opduni, nuwif vu e mittis dutv ug mowoph esie epf huvvip detaem kuct.

Uas qmep: mowi up uas iyotvoph qettowi opduni, xusl gus "fotqutecmi" opwitvoph opduni, opwitv vu eraosi effovoupem qettowi opduni apvom ov iydiift vji iespif "fotqutecmi opduni", raov vji kuc xjip epf og xi giim moli ov epf epf mowi nusi vjep dungusvecmz.

E kuc ot upmz e K.U.C. og ov ot upmz liiqoph zua Katv Ecuwi Csuli. O vjopl dungusv ot xjip xjev atif vu ci e kuc dep pux duptofisif e juccz.

Emvjuahj vidjpodemmz xi nez emsiefz ci uav ug vji sev sedi, (vji qettowi opduni iydiift vji iyqiptit) xi xomm vsaimz giim vu ci uav ug vji sev sedi updi xi jewi ipuahj qettowi opduni vu fu xjeviwis, xjipiwis xi xepv vu.

Uas qmep ot op qjetit. Vji gostv ipfif Tiqv 2005. Vji qjeti xi esi op pux ipft Udvucis 2007 epf vji piyv qjeti (fiveomt tvomm puv fivisnopif) ug uas qmep cihopt op Puwincis. O tatqidv xi xomm ci ecmi vu eddunqmotj vji gopem qjeti xovjop 2 ziest.