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Dartz's avatar

The point of diminishing returns is real. Especially in Corporate. Many years ago I was on the "corporate ladder". I was salaried, but worked unpaid overtime. Lots and lots of hours. I had a bonus plan, and there were promotions promised. One year I worked about 800 hours above a 40 hour week. When I got my bonus (and no promotion) I calculated that my base work was paid at about (at that time) $100/hr. While my unpaid overtime generated $2.13/hr in bonus. Never again.

I like the formula of daily costs and expenses. Keep at it.

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Olaf Ransome's avatar

There is an important ingredient in the semi-retirement plan which needs attention and repeating.

If you opt to avoid the standard save, save more, save the most for retirement route aka the American dream, then to follow Rocco’s outline of work more evenly, work less for longer and challenge yourself then you do need to squirrel away a buffer to deal with periods of low income.

This year I liquidated an IRA account to help smooth the finances.

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