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Calling stops: When you leave your job, it's right to do so



This story was originally aired on May 5, 2019.


In 2009, Bill Murphy Jr. was hired as an attorney who earned a lot of money. But when he got to work, he quickly realized that he was not the right person for the place. Murphy wanted to get off on his first day.

The correspondent Tony Dokoupil asked, "What was a competitive six-figure income that was not attractive to you?"

Bill Murphy Jr. quit his job on his second day in the office.

CBS News


"Yes, I know, that's a question many people would ask," he replied. "I remember going to the orientation and having one of the speakers stand up: Hello, I'm John Smith, I've been here for 21 years and three months, meaning I've retired for more than eight years And that became a joke with some of the other speakers who got up, but you do not really say that when you love your work and really want to come in every day. "

So, instead of his On the days behind a desk, he did something that can not be found in most career playbooks: he quit on the second day and told his boss, "I'm really sorry, I can say that I have a big one Made mistakes when I took this job. "

The move was radical, but the mindset is not so unusual. According to a recent CBS News survey, more than half of full-time Americans say they sometimes dream of leaving these jobs behind.

Michelle Singletary, who writes about personal finance for the Washington Post, says the fantasy layoffs are more common today than they were a generation ago. "And for many people, it's a fantasy," she said.

Singletary said employers are largely to blame: "I think the companies have broken the contract because they've made us sidelined at every level." I mean, it came to a point where they get their stock quotes through the dismissal And people say, "If that's the case, I do not owe you all my life."

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Zondervan


This may explain why some employees put early retirement first on their to-do list. But achieving this requires work and a lot of savings. Singletary said, "You have to save a significant amount of your salary, over 40, 50, 60%."

Dokoupil asked, "If you're 25 and you've got it in your head that you want to retire early To be clear, what you would have to do to save is how sounds like having no children? "

" You can have children. You can not have five "Singletary replied.

House?" Not too big. "

Can you eat in restaurants?" You can do that every now and then. You will not make a $ 5,000 cruise, no. "

" You basically have to ignore any hint from our culture, any advertising on TV? "

" My husband and I keep our cars until we get to the local tow truck drivers Singletary laughed, "And we do not care!"

Something Susan Emmerson could do, she remembers, as she told her accountant, "I'll save half of my income." He said, " No, do not do that. Do not give that to me. "And I said," Take care of me. "

Before she retired at the age of 47, she followed everything she spent and we mean EVERYTHING. In her little notebook she wrote down every issue, even a coke.

  calling-it-quits-susan-emmerson-promo.jpg
Frugality Helped Susan Emmerson ended her career as a medical doctor at the age of 47 to take up a second appointment: Art.

Susan Emmerson


Thanks to this tight budget and some clever investments, 61-year-old Emmerson spent more than a decade pursuing her lifelong passion for the arts. To do that, she gave up her career as a doctor. "The best thing was to turn on the beeper because they can not get me anymore!" She laughed.

But can someone who does not earn a doctor's or attorney's income afford to retire prematurely? Singletary said, "Yes, absolutely, early retirement is not just for people who make six-digit numbers, it's you, but you make other choices, your early retirement may not be a big Florida villa. people-retirement. " Bedroom apartment where you live and the car you have for 20 years. "

Emmerson said as she announced her mother's early retirement," Oh god, she had a seizure! She told her friends that I had gotten sick and had to retire because that seemed like a more acceptable reason for me to retire. "

Legendary football coach Vince Lombardi could help explain her mother's reaction, and a famous quote attributed to him is woven deep into the fabric of American culture:" The winners never give up. "

The Author Seth Godin is the anti-Lombardi; "height =" 877 "width =" 620 "srcset," he says, is often the best step to succeed where we are more appropriate = "https: // cbsnews1 .cbsistatic.com / hub / i / r / 2019/04/13 / 23d0ab81-58fe-430c-8075-dc94d16b9283 / thumbnail / 620×877 / 91bd2ea3f34699999a2b81ddf369b3ba / the dip-cover-. jpg 1x, https://cbsnews1.cbsistatic.com/hub/i/r/2019/04/13/23d0ab81-58fe-430c-8075-dc94d16b9283/thumbnail/1240×1754/b861308643d836b73c504fa13d3f72f5/the-d-244-portcover-. jpg 2x "/>

Portfolio


"We were brainwashed when we thought that quitting is somehow wrong and somehow weak," he said. "If you have the choice to be unemployed for one, two, three years, or to hold onto a job that is a dead end, most people are afraid of the unknown, and they will cling to that job."

asked Dokoupil. "We met a person who quit on her second working day, would you advise something like that?"

"I'm not sure what the difference is between the second and the 200th day," Godin said. "If I got a job at a payday loan company, I would not even last two days."

This brings us back to Bill Murphy Jr. After quitting as a lawyer, he went into a childhood dream: journalism.

He is now a contributing editor to Publication Inc. "I would not go back, I do not regret it."

"I call it the joy of stopping," he said.

READ OUT: Seth Godin's "The Dip" for the benefit of "Strategic Quitting"


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Narration by Amiel Weisfogel.


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