I recently made it to my near-ideal situation in life. After 20 years in the US military, I retired last summer. I was grandfathered into the old pension program, so I get a paycheck in my bank account every month for the rest of my life, equal to a little under half my income while I was serving. Plus, I qualified for 100% disability through the VA. Which isn’t exactly ideal being disabled, but it comes with its own sizeable monthly paycheck that’s greater than my pension. So I’m actually making slightly more money in retirement than I was while I was serving. Plus, I get free medical and dental for life.
My wife, who also served, earned herself a 100% disability rating as well, so she has the same benefits. She did not retire, though, instead being medically separated from the military for physical health concerns.
On top of that, we moved back into my childhood home, where we’re taking care of my elderly father. He’s letting us live here rent-free. When he inevitably passes away one day, I’ll inherit his home, so I don’t need to worry about buying a house in this awful economy anytime soon.
At 39 years old, I’m (relatively) young, mostly healthy, save some mental and physical scars from military life, and active enough to truly enjoy retirement.
I worked in the IT field while serving in the military, and I know I could easily double or triple my income if I went back into an IT job, but I think I’m enjoying retired life too much. It would be nice to have the extra income, but I’d also be beholden to a job, giving up my youth to spend most of my waking hours working. I’d rather take my lesser income and have the freedom to plan my days than have more money but less time to enjoy it. Besides, my needs are more than met with my current passive income, so I don’t really need to work.
5 years from now, I hope to have at least started writing a memoir of some sort. I traveled the whole world in my 20 years served and I’ve always wanted to share my life experiences in webcomic form, but I’ll need to practice my art and develop a personal drawing style before I get there. I haven’t truly been invested in art since I was a child, so I need to re-learn the skills I once had. Plus, writing about my experiences might help my lingering PTSD in the long run.
I also have the freedom to partake in many hobbies now, so I’ll probably pick at a handful of them to experiment with over the coming years. I’ve always loved woodworking, ever since my Cub Scout/Boy Scout days of my youth, so I might try my hand at that. I’m living on 6 acres of land in the countryside, so I have space to invest in some big projects, without worrying about bothering the neighbors.
I definitely want to get some solar panels set up in the field behind my house and see about getting our electrical needs off the grid. Ideally, my wife and I want the ability to live completely off the grid, with enough supplies to survive at least a few months without having to leave the house. Considering we’re kind of remote out in the countryside, and we tend to have pretty heavy winters here, it’s always good to prepare to be snowed in for a while.
On that note, I’ve always wanted to try gardening. I have plenty of space, so I might try my hand at it one of these summers. If I can grow our own fresh fruits and vegetables, we can be that much closer to complete self-reliance.
I also, sadly, suspect I may have ownership of my current home within the next 5 years. My dad has Parkinson’s and is quickly declining. And it’s a degenerative disease, so once you lose motor ability, you never regain it again. He went from walking 2-4 miles a day last year to struggling just to walk 10 feet without getting dizzy and needing to rest. Plus he’s struggling just to talk now. My family watched as a friend in his 50s, diagnosed with Parkinson’s, refused to do any exercise. And within 6 months, they were dead. My dad is nearing 80 and is reaching a point where he can’t exercise much anymore, so it’s anyone’s guess how quickly his disease will consume him. Hopefully he’ll still be with us in 5 years, but that depends on how much effort he’s willing to put into staying active.
Long story short, I’m not really sure where I’ll be in 5 years because I’ve finally hit a very stable, near-unchanging situation in my life. I can literally coast through the rest of my life without changing a thing now. But that would be boring, so I’m gonna dabble in hobbies and interests and projects and hopefully ignite some new passions that I didn’t know I had before. Who knows where I’ll end up in 5 years?