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47 and burned out

Posted on 2/18/15 at 4:05 pm
Posted by FlowMaster
Member since Jan 2009
305 posts
Posted on 2/18/15 at 4:05 pm
Been in banking for 16 years and think about wakking out daily. No kids and wife has a good job. My boss is retiring in 1 year, but you could not pay me enough to take his job. Giving myself one year max to find something else for a 2nd career. Would like a job with the Fed or other type work, but not easy to come by...
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 2/18/15 at 4:08 pm to
Take a year off and travel. I can imagine you are. I'm 31 and feel burned out.

ETA: Move to Chiang Mai, Thailand. You can live like a king for $800 a month.
This post was edited on 2/18/15 at 4:09 pm
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 2/18/15 at 4:13 pm to
Sound like my uncle 3-4 years ago.

He left a job he hated at a big bank and is now at a small local financial planning firm and loves it.

He's now a nice person to be around ever since he left that old job.
Posted by FlowMaster
Member since Jan 2009
305 posts
Posted on 2/18/15 at 4:18 pm to
Thanks eng08, that's encouraging!!
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7137 posts
Posted on 2/18/15 at 4:23 pm to
Go work at hooters
Posted by schexyoung
Deaf Valley
Member since May 2008
6534 posts
Posted on 2/18/15 at 4:57 pm to
Flow... what area of banking are you in?

I was in the consulting business for six years and just took a job in the industry.
Posted by FlowMaster
Member since Jan 2009
305 posts
Posted on 2/18/15 at 5:43 pm to
Schex, i am a field examiner in the asset based lending area
Posted by Big Scrub TX
Member since Dec 2013
33446 posts
Posted on 2/18/15 at 5:51 pm to
quote:

Been in banking for 16 years and think about wakking out daily. No kids and wife has a good job. My boss is retiring in 1 year, but you could not pay me enough to take his job. Giving myself one year max to find something else for a 2nd career. Would like a job with the Fed or other type work, but not easy to come by...


Life's too short, my friend. Assuming you have some decent savings, take a year or 2 off and travel/build/etc. I'm guessing after awhile you will be itching to do something and whatever it is will be a whole lot more fun for you.

Good luck!
Posted by raw dog
Baton Rouge
Member since Nov 2011
483 posts
Posted on 2/18/15 at 6:14 pm to
I'm in my mid-20's and burned out is that bad?
Posted by Dodd
Member since Oct 2003
21048 posts
Posted on 2/18/15 at 6:16 pm to
Mid 30s checking in
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119244 posts
Posted on 2/18/15 at 6:39 pm to
quote:

I'm in my mid-20's and burned out is that bad?


Not possible.

My wife retires in 4 months, been talking about it for 4 years almost daily. I've been working for 31 years and really need 5 more. I want to retire tomorrow.
Posted by LSUEEAlum
Member since Oct 2013
799 posts
Posted on 2/18/15 at 7:24 pm to
quote:

I'm in my mid-20's and burned out is that bad?


Checking in. Well late 20's. Been at it for 7 years. Hate my job but it pays well. Nb4 another millennial whining about his job.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 2/18/15 at 7:27 pm to
If you follow the advice of many of these people saying to take a year off, have fun findin. A job in a year when you have to explain that you left your last career for some "me time".

Would it be cool? Yes.
Would I ever hire you? Hell no.

This is all assuming you are doing large scale banking. You have never clarified that.
Posted by lynxcat
Member since Jan 2008
24159 posts
Posted on 2/18/15 at 8:43 pm to
Agree with THF. Take a week away from work and starting interviewing for new jobs. A job that sucks will pull the life out of you and requires no explanation. When negotiating a start date for a new job, try to give yourself a few weeks in between.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72729 posts
Posted on 2/18/15 at 9:49 pm to
quote:

I'm 31


you're a fricking baby son
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72729 posts
Posted on 2/18/15 at 9:51 pm to
quote:

I'm in my mid-20's and burned out is that bad?



work til u die baw. just cut back. 6 months of work doing what you like and 6 months vacation in turks and caicos scuba diving.
Posted by Lou Pai
Member since Dec 2014
28126 posts
Posted on 2/18/15 at 10:17 pm to
I disagree and can't see why would someone involved in a hiring decision should care as long as he doesn't burn bridges with his old firm in taking time off between jobs.

Many a late night at the office have I contemplated doing central Europe, SE Asia, or Central/South America for 6 months to a year.
This post was edited on 2/18/15 at 10:18 pm
Posted by NewIberiaHaircut
Lafayette
Member since May 2013
11562 posts
Posted on 2/18/15 at 10:30 pm to
quote:

Would it be cool? Yes.
Would I ever hire you? Hell no.


I don't want to derail this tread, but why does this line of thinking exist? My wife and I work our asses off and have saved up decent money. Why should we be penalized for taking a year off and traveling the world? The only thing that's stopping me is your example above. I seriously doubt a job would be easy to come by after a year off doing "nothing." I really don't understand why working towards this type of goal is frowned upon.
Posted by ChiefBowman
Member since Sep 2014
67 posts
Posted on 2/18/15 at 11:17 pm to
quote:

I want to retire tomorrow.


and do what with your days though? doing nothing gets boring really quickly
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 2/19/15 at 12:06 am to
There are a few reasons:

1) It raises the question of "will you do this again?". High level banking jobs take several months to get fully onboard. They don't want to hire someone who is going to leave in 3-4 years. It's bad enough they have to compete with other firms, but competing with awesome beaches in foreign countries is tough to manage.

2) the same reason I would never hire someone with a face tattoo. It's a chicken and egg scenario. Regardless of how bad the issue actually is, you chose to put yourself in it knowing the social stigma. It shows either very poor decision making or a rebellious attitude that does not work in the corporate world. I don't care how skilled you are, you're worthless if I can't trust you to not make terrible decisions.

3) you lose touch. Missing an entire year of deal flow means that you are way behind and could easily make some of the same mistakes that have recently occurred in your field. Even if you "keep up", it's not the same as being immersed in it.
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