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« Should I Include Known Liabilities in My Net Worth? | Main | What is the Best Way to Make More Money? »

April 10, 2008

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Great post! As I go through my second or third mid-life crisis (and I'm not even in my 40's yet) I love reading about people who drastically changed their circumstances by taking a risk.

For me, I would have done as you suggest, and planned first, quit second. However, it sounds like this family is making it work---I'm curious about the higher-income earner staying home, though---perhaps the wife really loves her job and couldn't consider quitting as an option. The fact that this person was putting $1,000 a month into retirement before quitting assures me that his finances are in pretty good shape, even considering the drop in active investing.

The really scary (or sad) part is that this is a fairly common story in America. Lots of people are trapped in jobs they truly hate because of bad spending habits.

Then again, even fewer jobs are better than retirement.

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