It’s Sunday evening, and there’s a lovely view outside. The snow is falling, and since it’s been falling for a few hours, everything looks like a Christmas card. This is the kind of scene that makes winter look inviting. The caption could be, “Get out your toboggan!” Or, “Time to get your skis on!” Or, “Walkin’ in a winter wonderland!”
But for me, and for thousands like me, the message is this: “Tomorrow’s commute to work is going to be brutal! Leave at least an hour early.”
3 commutes from hell in one week
The second last Tuesday before holidays, I left the house at 7:20, trying to stifle a nagging thought at the back of my mind that I’d blown it: I was going to be late for work. The snow was falling rather gracefully, so I tried to convince myself I could still make it in to my job – at a high school – by 8:00. In a burst of proactive decision-making, I chose a different route – one my colleague had sworn was always reliable. Within 10 minutes, I knew something was up.
It took another two hours for me to find out what that something was: a lane closure at about the half-way point, caused by an accident. I pulled into work at 10:15, my soul sucked dry by the 3-hour commute. “I NEVER want to go through that again,” I thought.
The next day, a Wednesday, snow still falling, I was on the road just after 7:00 … And I walked into work just before the 9:00 bell.
Thursday, I left for work at 6:45. “Not taking any chances,” I thought. But even then, my normally 40-minute commute to work more than doubled to an hour-and-a-half.
FIRE types blast commuting
Early retirement bloggers have nothing good to say about commuting. They live close to their places of work, and they bus, cycle, or walk to get there. In a post from 2011, Mr. Money Mustache itemizes the evils of a 40-minute commute over the long-term – wasted money, wasted time, stress, danger … And he doesn’t even include snow storms.
Whenever conversations about work-life balance arise, I speak as the FIRE types do, and argue for intentionally setting up close to work to avoid long commutes. But for me, it’s too late. The costs, financial and otherwise, of moving out of our home don’t make sense – especially since DH is established here in his home business. And the idea of trying to find work at a school closer to home? I am so much happier at my current school than I have been at any other. That counts for something, and I’m not willing to give it up – especially this close to retirement.
Retirement miscalculation & MMM’s less-$-needed
I recently realized a huge oversight I had made in calculating my retirement year and income. The upshot of it was that while I correctly identified June of 2019 as the earliest I could qualify for a pension, I overestimated that pension by $8,000 annually. My pension income would actually be only half of my current income if I took that 2019 retirement date. “You might have to work longer,” DH said. I agreed.
But when I was sitting in traffic for 3 hours that Tuesday morning, I thought it would be worth at least $8,000 per year NOT to have to commute anymore.
Another Mr. Money Mustache concept is this: if you get used to frugal living, not only can you retire earlier thanks to more money saved and invested, you can also retire earlier because your expenses, having become lower with a simpler lifestyle, can be funded with less money.
My financial freedom date: still June 2019
My $8,000 per year miscalculation is no small deal, but I believe we can set things up so that the lower-than-anticipated income will be more than enough. If we play it right, I should be able to say “Good-bye” to the morning commute in another year and a half. That thought helps me face it for the short term.
As the snow continues to fall outside, I’m mentally preparing myself for a very early start tomorrow morning. My plan is to leave by 6:15.
Do you have a long commute to work? Is there something you can do to change it? Or do you feel stuck with it until retirement? Could you live on 50% of your income in retirement? Your comments are welcome.