I’m a long time fan of this sub but this is my first post. I may have a decision coming of whether to accept a new job and I’m hoping for some perspective on both bennies and retirement. I think your perspective would be informative.
I’m 50, and have 2 jobs currently: teaching at a university full-time and a small side business. Together they gross about $65k and have great health care, working conditions etc. my only complaint is sometimes it’s hard wearing 2 hats and some weeks are stressful. My income takes care of the basics plus helping kid in college and a little travel.
But I really can’t complain, because the teaching is only 32 weeks per year. That’s right, I have 20 weeks off per year from the teaching gig. And although I maintain an office I can WFH for my business. It’s a sweet setup and I know how lucky I am.
Lately doing retirement planning and at the rate I’m going I won’t retire until perhaps 68-70, if I want a SOL not in poverty.
So I’m applying for a position that would be full time and only that 1 job – no other job allowed. Benefits are the same or better. Pay is 150% more than what I’m currently making. But only 2 weeks off, no WFH, overtime often necessary. BUT – if I sock away the extra $ — then I might retire at 60.
Which is more valuable to you, time or money? And why? And how do those values translate for a decision like this? Thanks for any input.