Best Posts in Thread: Do You Miss Working?

I've just retired on June 1st after 38 years with the same company. Retirement feels good so far!

 

Caveat, this is an observation, but not direct experience. I have this theory I call the efficiency principle. Basically it says we are as efficient as we need to be, that's one of the ways we avoid boredom. An example would be, if you are very busy you make a list of what you need and you only shop once a week, but if you have a lot of time on you hands, you don't need to be as efficient, so instead you go and buy 1 or 2 items every time it's needed a couple of times a day. If you need to go to town you might do one task, but if very busy you will do multiple tasks. That how we adjust to the extra time. Being inefficient doesn't take up all our time, but you'd be surprised how much time it can take up. Now you only need a hobby a couple of hours a day.

 

Thanks much for you insightful words. My wife and I are just trying to find our way to the Philippines before retirement age as well. I have been a construction contractor for 25 years. She is a Programmer/ Business Analyst with the degree.
We are doing ok here..... but want to come there to teach our children about being Filipino. I.e.... learn the language and culture. We visit, own land, just have not figured out how to make that next step smartly and safely. Following the forums and blogs there is much conflicting information, " but they are all experts lol". So for someone like myself who likes to know before I go it is hard to sell out and go. Btw I agree that you can ask Mr Google everything. I learned to build computers that way. Asawa learns new code that way.

 

It will take time, main thing is to keep your mind Active PatO A very good friend told me some 4 years ago. Keep active. Get a hobby. A Dog will walk all day, if you want to take it.
Both of us needed to keep active, both of us did not take that extra special care with health and that is all too important. Exercise my Friend.
Stopping Work can be a Big shock to the System and problems will occur if not checked.
Best of Luck. You will get there I am sure. Take things easy OK. If it tales twice as long to paint that wall so be it. Both the wall and you will benefit.

 

I've done many different kinds of work in my life and I miss a part or parts of all of them. I caught a bit of an inspirational speaker's spiel, one that made sense for a change. He said that we are men, we solve problems, that's what we do. Since my back sidelined me to the point I can't do what I used to do, luckily I still find enough to do that I don't start taking apart stuff that still works like some people.

Of course I know men that if you asked, they would tell you they did nothing yesterday and the same today because they didn't quite finish doing nothing yesterday. Whatever works.

 

Just a "newbie " retired. Yes I do. Due to my ex duty, mission and Hippocratic professional values.
Just a temporary missing, not a deep regret. I have to care my own condition right now.
Thank's to Good pinay care.

 

Hang in there Charley, when the price of oil does rise, I think it will snap the rubber band and keep going. I am getting a lot of buyout offers right now which I receive the occasional one while prices are up very few while prices are down but recently many offers, more than one per week. Some are thinking this will be over in a year or less. If I answer them at all it's no thanks, I'm buying, not selling.

The oil supply and stable prices depends on continuous development which has for all practical purposes ceased and will stay stopped for a year. You can't stack a drilling rig for a year and then immediately put it back to work, they need extensive overhauls if they are not continuously working, breaking and being repaired. The oil industry has let a lot of people go, some will be thrilled to come back to work, others won't.

Oil demand is high and climbing higher, cheap oil does that. When the glut runs out, the demand will not instantly disappear. If demand exceeds supply at that point by 5%, the price of oil doesn't rise 5%, it will probably set new records.

The US has actually increased the imports of oil (about 8 million barrels a day total and roughly equal to China) even when all of the holding facilities are full which has artificially prolonged this crash. Much of the oil is from Nigeria but this may not be true for much longer. Research the Niger Delta Avengers. I'm thinking of sending them some T-shirts.

My holdings are Bakken. The beauty of this bust is that operators were paying far too much for materials and services including fracking. The cost of drilling the recent best wells to date is only 70% of the cost to drill mediocre wells 5 years ago. For me, $70 a barrel is the new $100, I am also benefitting from new multi-billion dollar ethane plants that produce plastic precursors virtually on site from natural gas that was flared before.

Just hang in there.

 

I was recently back at my old work place and was asked the same question. My response was that I now have time to do what I want to do rather than trying to find time to do what I had to do. I'm retired now for only 11 months but apart from the social interaction of colleagues and clients (and of course the income), I don't miss anything.