What did you do after working in "the City"?
Discussion
I've been in "the City" (Finance etc although not trading) for a long time now and as very few people here make it through to retirement age I wondered what those of you who used to do this moved onto and at what age. I'm in a relatively good position but not ready to retire although could work locally for the right job. So what did you move onto once you gave up the square mile/canary wharf and how old were you?
Breadvan72 said:
Making hand carved rocking horses in a Gloucestershire village populated entirely by hedge fund types (but only at weekends) is the normal City-burnout route.
That, or becoming a Mindfulness coach.
Think I will go for investing my money my way and traveling to see the projects I invest in.That, or becoming a Mindfulness coach.
After several months of that I will be bored and want to get back into a job that uses my brain.
My friend left the city in his twenties to become an English teacher and he also plays in a band. Another of mine runs a small hotel in the Lake District,
They both much prefer their new careers as they have much more time to spend with loved ones and do stuff they find rewarding, their new lives are not just about making money and keeping up with the joneses,
I've done a bit of teaching myself, I find it very rewarding. Assuming you can work with people that want to learn.
There's loads of rewarding careers you can get into especially if you've saved a bit of money to get set up in first or to cover your expenses when retraining.
They both much prefer their new careers as they have much more time to spend with loved ones and do stuff they find rewarding, their new lives are not just about making money and keeping up with the joneses,
I've done a bit of teaching myself, I find it very rewarding. Assuming you can work with people that want to learn.
There's loads of rewarding careers you can get into especially if you've saved a bit of money to get set up in first or to cover your expenses when retraining.
Du1point8 said:
Think I will go for investing my money my way and traveling to see the projects I invest in.
After several months of that I will be bored and want to get back into a job that uses my brain.
Plenty of fantastic and rewarding jobs use your brain but don't involve working in an office in the city or similar. After several months of that I will be bored and want to get back into a job that uses my brain.
PostHeads123 said:
I plan to become a gardener, I'm lucky to live in area were most gardens are large and most want a gardener so no shortage of work, I enjoy gardening will keep me fit and the wage not too bad. Failing that if things are ever legalised in the UK I will be opening a local coffee shop.
I hope you are not expecting to charge an hourly rate of £25.Strela said:
Breadvan72 said:
Playing risk free spoof with other people's money doesn't need a lot of brain.
When I were a lad, politics, academia and law were for the clever ones. It was the thickies who went into banking. Wish I'd been thicker.....
("Money has no smell". Attributed to Roman Emperor Titus Vespasianus)
Breadvan72 said:
Nowadays some very clever people go into banking and hedging and so on, but many of them seem to be quite unprincipled. I am not suggesting that this is the OP. I have recently come across some hedgy transactions that involve hedgies getting richer by wheeler dealing about low income housing. Not one of the finance dudes involved has the faintest qualm about this. A deal is a deal. Many lawyers don't care about this stuff either, but some of us hold our noses a bit on certain gigs. "Pecunia non olet," No, Vespasian, you're wrong.
("Money has no smell". Attributed to Roman Emperor Titus Vespasianus)
Low income housing? Pah, let them go without food and medicine...("Money has no smell". Attributed to Roman Emperor Titus Vespasianus)
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