Career intermission program air force12/27/2023 I’d spend the next five months hiking the Appalachian Trail. I dream of a day where I have a cache of posts ready to go instead of finishing them the morning I publish. I would spend the first six months volunteering part time and building up this blog. Again, all just a thought experiment…but interesting. Who knows? Maybe I’d realize how much I love working and decide I want to work longer. Therefore, I’d be looking to do a lot of the same stuff I plan to do in retirement. But, I would see the Career Intermission Program as basically a practice run at retirement. I also realize that how I would spend this time might not necessarily be everybody’s cup of tea. I’ve also been establishing multiple streams of income for over a decade, so I have some money to play around with. The only reason I can even entertain the thought is because I’ve been very diligent about saving money over the years. I’m talking about not having a job for 1-3 years, as a single person. Now, my plan is not necessarily what I would recommend for other people. What I Would Do If I Participated In The Career Intermission Program Or, reach out to me and maybe I can do a case study! If you’d like to explore that more, you can follow the process I’ve laid out below. Keep in mind, this post is entirely about what I would do, and wouldn’t necessarily work for your situation. I’ve got one thought in particular that you probably aren’t expecting. Second, how I would afford it and other financial aspects. First, what I would do with my time if I were to take a career intermission. So I’m going to break this post up into two parts. After all, how can you determine how much money you need in your Emergency Fund if you don’t know how little you can live on? Either way, I think thinking about how you would live with a different/lower income is a good practice. Or you separate willingly, but then have trouble finding a job. Maybe it will be for a great reason – retirement! Planned Sabbatical! Transition to a new job! Or maybe it’s for something not so fun, like a Reduction in Force. And eventually, most of us are going to be in that position. I don’t think enough people plan for that. Second, I think it’s a good idea to think about what you would do if you were no longer earning a full-time paycheck – for whatever reason. A way to spend your time, or good financial moves to make during CIP. Maybe I’ll suggest something you haven’t thought of. First, I’m hoping to spur thought for you, obviously. But even then…probably not? So don’t expect a post on “Here’s how I’m funding my three year sabbatical!” If I did apply, I probably wouldn’t do it until I was approaching my next PCS, which means probably the 2019 timeframe. I have not applied to participate in the Career Intermission Program. This post is designed to answer that question from a personal perspective. Just out of curiosity, what would you do during the CIP? And how would you fund it?” When I first mentioned looking into the Career Intermission Program, I very quickly got a message. I’ll be discussing some of the elements covered there. If you haven’t read that yet, you’ll want to check it out. Last week I introduced the topic of the Career Intermission Program.
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