Category: The Day Job

May 25, 2015
By Michael Rupured
Comments Off on Where There’s a Will…

Where There’s a Will…

Do you have a will? A lot of people avoid estate planning — as if not talking about death will somehow keep it from happening. Wrong! Moreover, the worst thing you can do to your heirs is die without an estate plan. In recent posts I’ve mentioned my plans to retire in the next five to seven years. I’ll get a small pension from a previous employer plus Social Security. The bulk of my retirement income, however, will come from the money I’ve saved (including the match from my employer). At this stage of the game, the balance in my retirement accounts is significant.   God willing, my life force and my account balance will zero out at the same time. If I die before the …

May 18, 2015
By Michael Rupured
Comments Off on A Taste of Retirement

A Taste of Retirement

Submission deadlines make me nervous. Working without an outline and only vague ideas about where the story might go means I could hit a wall at any time. Prompted by a May 1 deadline for Whippersnapper, I took a week off from the day job in mid-April for a taste of what life will be like after I retire. I finished the first draft Tuesday evening. Wednesday and Thursday I worked on revisions. Friday and Saturday I wrote the dreaded synopsis the publisher requests with every submission. Vision issues keep me from writing for more than a few hours in one sitting, so I had time to do other things. The weather sucked. Aside from a few sunny hours on a couple of days, rain made doing much of anything outside difficult. …

Apr 20, 2015
By Michael Rupured

My Dual-Career Household

University faculty positions are very demanding. Many of my colleagues work all the time. I don’t. Balancing work and my personal life has always been a priority, and in my opinion, the reason I’ve managed to stay productive. My writing career is also very demanding. Penning a novel takes time. The publishing process adds additional time demands. Promoting books, maintaining my web site, and engaging on social networks adds still more to an already very full plate. Since becoming an author, striking a balance between work and my personal life is no longer possible. After getting home from the day job, I spend several hours on my writing career. I try to make exercising a priority, but otherwise, I work all the time. Fortunately, my faculty position …

Oct 13, 2014
By Michael Rupured
Comments Off on Writing: Career or Hobby?

Writing: Career or Hobby?

Getting the contract for my first novel was like winning the lottery. Rather than the years-long, rejection-filled path traveled by most writers, I’d found success right out of the gate. Until Thanksgiving was going to make me rich! My preconceived notions about publishing a novel were a tad off. Two years, two more novels and a short story later, my vast fortune has yet to materialize. Turns out, getting published is the easy part. With hundreds of new titles coming out every week, catching the attention of book-buying readers is a much bigger challenge. Good thing I kept the day job. I’ve loved to write for as long as I remember — at first mostly letters to friends and family, and later, in my journal. …

Jun 16, 2014
By Michael Rupured
Comments Off on Priorities

Priorities

My father taught me anything worth doing is worth doing well. Of course, he never actually used those words. Instead, he’d berate me for being half-assed. Thanks to this early training (or an undiagnosed personality disorder), I don’t do things by halves. Nope. Not me. I’m whole ass or not at all. Insecurity nourishes my obsessive tendencies. To compensate for feeling like I’m not up to the task, I play to win and am always looking for ways to improve my game. This competitive nature, on occasion, makes me come across as a bit of a jerk. Time and success have softened hard edges, but insecurity still drives me to overachieve. Life can be overwhelming. There’s always so damn much to do, and change is constant. With …

Apr 28, 2014
By Michael Rupured
Comments Off on Countdown to Retirement

Countdown to Retirement

To celebrate Financial Literacy Month, my regular Monday posts in April have focused on my experience planning for my looming retirement. For most of my career, retiring has been an abstract concept — something far, far away. But now that I’m pushing sixty, the time has come to get real about where, when, and how I’ll retire. Where is easy. I love Athens for the mild winters and all the gorgeous, fragrant plants that thrive here. Knowing I’d probably die in my next house, the low-maintenance design, stair-free floor plan, and tiny yard heavily influenced my decision to buy my current residence. Frankly, at this stage of the game, I’d rather die than face another move. When I got serious about …

Apr 21, 2014
By Michael Rupured

My Retirement Expenses

Welcome to the third of four April posts about my retirement planning experience in honor of Financial Literacy Month. I wrote about my preparations for retirement over the years in the first post, and in the second, the sources of income I expect to receive in retirement. Now I turn to my retirement expenses. Figuring out future living expenses is a guessing game. I won’t need to replace my current income — rules of thumb say to plan to live on twenty to twenty-five percent less than preretirement income. Travel and other pursuits could push expenses higher. My life won’t change much, so I expect my cost of living will be more or less the same as now. Inflation is another question mark. How fast …

Apr 14, 2014
By Michael Rupured
Comments Off on My Retirement Income

My Retirement Income

Last week I kicked off a four-part series about my retirement planning experience. I’m close enough to retiring to get serious about picking a date. Despite the reckless spending of my youth and some stupid decisions along the way, sticking with the plan cut my retirement age from seventy to sixty-five. I made a date with my financial planner to take a look at a realistic timeframe. Before our appointment, I tried out different scenarios with a retirement calculator. If you’ve never played with one of these planning tools, you should. The results, although just estimates, give you an idea of where you are, when retirement might be possible, and things you can do to move your retirement date forward. My …

Apr 07, 2014
By Michael Rupured

Thinking about Retirement

I got my first steady job in the summer of 1972 at an ice-cream store in a brand new shopping mall. I was fourteen. Except for a month or two in 1977 after my employer went out of business, I’ve worked at least one job ever since. Those early positions were more character-building than income-producing. Saving for retirement — or for any purpose — never crossed my mind. I spent every penny and then some, relying on credit to make up the difference. Some of my earlier jobs required participation in a retirement plan. I minimized my contributions and cashed in whenever I changed jobs, paying both the ten percent penalty and the taxes on the meager sum I’d still managed …

Nov 19, 2011
By Michael Rupured

Educator of the Year

Regular readers know I spent most of the past week at the Association for Financial Counseling and Planning Education conference in Jacksonville, Florida.  I’ve been a  member since 1989, spent several years on the  Board of Directors, and served as President in 2000.  It’s a great group of which I am proud to be a member. Yesterday at the awards luncheon, I received the Mary Ellen Edmondson Educator of the Year Award.  I thought those of you who know me as a writer, dieter, and exerciser might enjoy learning a bit more about my day job. For your reading enjoyment, here is the write-up that appeared in the program for the awards luncheon. As major professor and mentor at the …

Page 2 of 212
  • Subscribe

    Enter your email address to subscribe to this blog and receive notifications of new posts by email.

  • Top Posts & Pages

  • Recent Comments