Re: Turning down high paying job. Am I crazy?
Probably not. Long story. When you work for a State University, there's good and bad associated with it. (mostly good). We're dependent on state budget which is very tight. No raises for last 2 or 3 years. (bad), but I've been here long enough that they need to give me a years notice before they can lay me off (good).
The big boss (here) is practically begging me for an assurance that I will stay till Dec 2012. But he didn't care enough to back me on a recent power struggle.
Sometimes you just get the feeling it's time to move on. I've been in this job 11 years.
So, in 9 months I can withdraw IRA funds and pay off house, which gives me a lot more flexbility. I'm a retired military officer and wife will still be working and house will be paid off.
I have a relatively specialized "skill" in my job that I think I can supplement my income doing. (for example doing some remote work for that site in Cali). So I would be semi-retired.