Let’s Celebrate Quitting

Let's Celebrate QuittingIn 2012 Kathleen Edwards had it all.  She was a famous singer-songwriter with critically acclaimed albums and numerous music awards to her name. 

You may have never heard of her, but Edwards was not a minor act.  She appeared on Letterman and Leno numerous times, and sold tons of records.  She toured internationally. 

Yours truly saw her play live in Dublin in 2005.  I even got backstage after the show and flirted with her.  She was dating her guitarist at the time, but I gave it a good college try. 

So what did she do?  She quit music in 2013 after her 4th successful album.  Better yet, she then opened up a coffee shop in Ontario Canada called, get this, “Quitters“. 

How awesome is that! 

 

A Reset

I hated that she did this because I love her music.  Thankfully she’s coming out with a new album this fall after 7 years off.  The New Yorker just did a great piece on her comeback.  Here’s how she puts her decision to quit in the New Yorker piece:

I had been propelled for so long by the pressure of other people’s expectations for me to keep playing. I was like, ‘You gotta keep going, you gotta keep going, you got people relying on you, a manager who’s spent years promoting you, bandmates, the publisher, this, that—blah blah blah!’ Like, all that shit, right?  As soon as I removed that one little piece and said, ‘I don’t think I want to play music anymore,’ I just felt so much better.

For Edwards quitting was a reset, a chance to do something different.  And now she’s coming back, with the wisdom of someone who’s run a coffee shop for 7 years.

 

Relentless Forward Motion

Let's Celebrate QuittingWe live in a society that values persistence.  Those who tough it out and finish what they start are celebrated, revered.  I’ve written about the impact that dogged persistence has had on my life.  My general ethos has been that if there’s work to do, I can tough out anything.

But here’s the thing, I also value quitting.  Walking away.  The magic comes in knowing when it’s time to double down and push ahead, and when its time to peace out. 

In the world of running and cycling races, quitting is commonly called a “DNF”, which stands for “did not finish”.  It’s literally what race organizers post on the results page for those who, well, do not finish. 

To most athletes a DNF is a no-no and to be avoided at all cost.  Injury or sickness be damned, you do your best to finish.  After all, they’re called endurance sports for a reason.  You’re expected to endure, always.

I’ve never DNF’ed a race, but I’ve DNF’ed many mountains.  The key difference is that I won’t die by finishing a race, even if I’m in pain.  But the prospect of death on a technical mountain is real, and sometimes a DNF is the only option. 

 

DNFs Can Be Opportunities

DNFs are emotional letdowns.  Your heart and aspirations have worked towards a big goal, only to be crushed with the prospect of surrender. 

But here’s the thing, DNFs are also opportunities to rebuild and rebound.  They’re not necessarily indications of weakness or poor planning, but a way to pause, recalculate, and reassess. 

Relentless forward motion might not always take you in the best direction.  A good DNF every now and then is a reminder of that.  It’s a healthy ambition check.

Kathleen Edwards DNF’ed music.  But she found that she missed it after 7 years and is coming back.  I’m psyched for her new record.  She had a reset.

 

Why Quit?

I wrote a previous post about my decision to semi-retire and go part time at my main job.   In that piece I discussed how to know when enough is enough.  Spoiler alert, there’s no formula.  You know when you know. 

But the why of quitting is arguably more important.  Edwards faced the pressure of other people’s expectations.  She says in the piece that “Guilt wasn’t a good enough reason for me to stay in it.”  

Take another example, that of Marcel Kittel.  Kittel was the top sprinter in professional cycling when he decided to retire, to DNF, at the tender age of 31.  He said:

The biggest question of the last few months was: Can I and do I want to continue to make the sacrifices needed to be a world-class athlete?  And my answer is: No, I do not want that any more, because I have always found the limitations on a top athlete as an increasing loss of quality of life. That is why I [am] very happy and proud that at this point in my life I can make the decision to follow my heart in a new direction. 

Bold emphasis mine.  An increasing loss of quality of life.  Me an Marcel should sit down for a beer, I can relate.

 

You Only Get One Body

Then there’s Sandy Koufax.  In the early to mid 1960’s Koufax was the best pitcher in Major League Baseball.  He dominated.  He finished the 1966 season with the Cy Young award, a 27-9 record, and a league leading 1.73 ERA.  Then he promptly retired, at the tender age of 30. 

He shocked everyone.  Watch this amazing short press conference from 1966.  He’s even asked about the loss of income, and his answer is amazing.

Koufax quit because of his health.  His elbow arthritis reached chronic levels.  As he said, any amount of money is worth keeping your arm.  And he ended with

I’ve got a lot of years left after baseball, and I’d like to live them with complete use of my body.  I don’t regret one minute of the last 12 years, but I think I’d regret one year that was too many.

Have any of you who hope to FIRE succumbed to “one more year” syndrome.  Koufax was having none of it. 

Like Koufax, a big part of my decision to partially quit was my health.  Sitting in an office building under artificial light 40 or 50 hours a week is simply unhealthy on so many levels.  My body deserves better, especially after everything I put it through in my younger years.

 

Only Your Reasons Matter

So why quit? 

Maybe like Kathleen Edwards you’re staying in your job to fulfill other people’s expectations.  Or because of guilt.  Maybe like Marcel Kittel your job is simply giving you a decreasing quality of life.  Or perhaps like Sandy Koufax your job is detrimental to your physical health. 

Me, I found myself in all of those, so I went part time.  But everyone’s different, and there could be infinite reasons to quit.  But your reasons are just that – yours.  You don’t owe anyone a long winded explanation.  It’s your decision.

The key is to look at quitting, or DNFing, as an opportunity to restart

Edwards opened a coffee shop.  Kittel is pursuing an economics degree.  Koufax went on to baseball broadcasting and coaching.  Me, I started a graphic arts business that’s thriving. 

So when it’s time to quit, don’t feel that you have to defend your “why”.  Treat it as a restart, a new opportunity to thrive.

 

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Dave @ Accidental FIRE

I reached financial independence and semi-retired in my mid-40's through hard work, smart living, and investing. This blog chronicles my journey and explores many aspects of personal finance including the psychological and behavioral factors that drive our habits.

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33 Responses

  1. Fire And Wide says:

    Absolutely! Sometimes the smart thing to do is to stop and all too often that’s looked on as failure instead of recognising it as a good decision.

    The trick as you say is knowing how to tell the difference between when you are quitting & when it’s the right thing to do.

    Likewise, I went part-time at work early on to get a better life balance. And I have to say, it helped hugely with the eventual full transition to quitting couple years back now in my early forties.

    I loved your point about only you know what’s right for you. There’s a lot of bloggers out there who want to be pretty prescriptive about “what’s the right way to FIRE” whereas it’s an entirely personal thing & you do just “know”. An unsatisfactory answer perhaps but the truest by my experience too.

    Cheers!

    • Dave @ Accidental FIRE says:

      Another part timer, it’s such a great solution and compromise I’m surprised more folks don’t do it. Thanks for the comment!

  2. Trish says:

    This was needed wisdom this morning and inspiring as well. It appears that FIRE requires this self preservation mindset and thankfully, we are edging closer to that in my home. Thanks for the post.

  3. Knowing when to bow out of a situation, be it a job, a relationship, a hobby, etc., can be difficult if you’re not in touch with your internal motivations. Sometimes change is exactly the right decision, and sometimes it’s detrimental to your having a fulfilling life that reflects your deeper desires. Figuring out the difference can be challenging, especially if you’re not used to listening to your intuition or you haven’t spent a lot of time getting to truly know yourself.

    Change can lead to happiness or regret, or even a combination of the two, and the uncertainty perhaps explains why so many people choose to simply soldier on. And if you’re in an earlier stage of awareness that change is needed but you don’t have a clear vision of what you want to move onto, that can certainly contribute to feeling like quitting something is not right. The kicker is that, life being a crap shoot in many ways, even the best thought-out plans don’t always go as envisioned. You can quit for all the right motivations and have a transition plan in place, and you can still end up feeling like the sacrifices weren’t worth it.

    It’s no wonder that change is hard, especially in situations where the stakes are high for you and perhaps people who depend on you to maintain the status quo.

    That said, it seems too many people don’t change when it’s needed, justified, and the right thing to do. Outside of the fear and uncertainty that can accompany change, there’s a disconnect for many between realising that life is but a series of changes and the acknowledgement that you can sometimes or often actively choose when and how change occurs as opposed to staving it off or only reacting to new conditions the universe throws your way.

    In short, we’re a complicated species.

    • Dave @ Accidental FIRE says:

      Wow, what an amazing comment, I should have had you write the post! You’re spot-on, finding that sweet spot as to when it’s really the right time to move on is so darn hard. We are overly complicated species, I sometimes think it’d be better if we were more like our neanderthal ancestors, but that would be a smelly existence lol.

  4. Xrayvsn says:

    One year syndrome is very real and I can see it getting to me too because of my conservative nature. It is sad when lot of greats walk away like the Koufax example and Barry Sanders in his prime. But they realized that they had enough and didn’t need to prove anything anymore after reaching the pinnacle.

    • Dave @ Accidental FIRE says:

      I considered using Barry for this post but his quitting scenario was a bit more complex with contracts and money involved. Man I used to love to watch that guy play, best running back ever, bar none.

  5. we have those kathleen edwards records and used to listen to them all the time. it’s good stuff. i quit some “good” jobs over the years when they weren’t doing for me what i needed whether that was pay or opportunity of growth or geography. “this ain’t working, i got’s to go!” so i ended up with more a series of jobs than a career but did it on my own terms.

    • Dave @ Accidental FIRE says:

      I figured you’d know about and like Kathleen, she may be Canadian but she’s Americana through and through. Can’t wait for her new album

  6. Mr. Fate says:

    Great one, Dave and I agree. It’s key to have the self awareness and reflexivity to recognize/realize when a situation is not working for you for whatever reason and choosing another path. You only get one shot, so squandering your precious time on anything that doesn’t yield what you (not others) consider a benefit doesn’t make a lot so sense.

    I like the examples, however all 3 are not what I would consider DNFs or quitters per se. They are winners and very unique world beaters who rose to the top of their field and occupied that 1% space. The example still is valid in that once you summit Everest or pass the finish line, it Is foolish to build a shack and live there or keep running the course forever. I consider that a STL (staying too long). What make the most sense is to find another mountain to climb or race to win. To set more lofty goals and achieve those whatever those may be.

    • Dave @ Accidental FIRE says:

      Great point, I guess they’re “victory quitters”, which also makes me wonder about a guy like Tom Brady. Here he is at 42 or whatever changing teams to continue to try to stay on top. At some point he’s gotta pull chocks and just hang it up, but I also admire the tenacity.

  7. I have all the feels for this post. I left the workforce in 2011 to stay at home with my first child and I don’t regret it one bit. I’ve now been out of work for over 8 years! I know plenty of working moms who enjoy their children and their jobs, but after previous medical scares I realized three things: I didn’t love my job, I had plenty of money, and I really wanted the opportunity to snuggle my kids while I had the chance. There are many reasons to walk away. It’s not just about quitting. It’s about taking care of yourself and your health. There is also great joy in looking forward to something new and different.

    • Dave @ Accidental FIRE says:

      Congrats to you! Walking away to be with your kids is probably the best reason to do so. Sounds like it really paid off in joy!

  8. Chris@TTL says:

    There’s some real truth to the idea that failures teach more than successes do. It’s a shame that failures are looked at as something to be ashamed of.

    “We live in a society that values persistence. Those who tough it out and finish what they start are celebrated, revered.”

    I mean, we need folks to finish things. It makes sense that we drive that point home. But failure is such a valuable teacher, too.

    • Dave @ Accidental FIRE says:

      Yep, failing can be good, and I’d argue that quitting before you fail or even when you’re on top can be as well, as shown in the athlete stories.

  9. Shannon@RetiresGreat says:

    Great stuff Dave!

    I also agree with Mr. Fate’s comment about the view of “Staying too long”. All too often we get trapped and need to move forward into new challenges. For myself,I was “downsized” from my corporate job when I turned 53. Man, that was tough at the time. Yet, in hindsight, I had plateaued and needed new opportunities.

    • Dave @ Accidental FIRE says:

      Being downsized sort of forces quitting on you. I can’t imagine how tough that must’ve been, but I think you came out better in the end

  10. Joe says:

    You’ve got to know when to hold ’em, know when to fold ’em,
    Know when to walk away, know when to run.
    You never count your money when you’re sittin’ at the table,
    There’ll be time enough for countin’ when the dealin’s done.

  11. lovefeedswealth says:

    I’d say learning how to quit is a skill that has to be honed for those of us who were trained to persist. Prior to quitting though is a willingness to accept conditions as they are, as opposed to factors I can control. I can’t remember ever successfully quitting something I first didn’t accept my powerlessness to change. Thanks for bringing attention to this topic, Dave.

    • Dave @ Accidental FIRE says:

      Such a great comment and great point. Once you accept what’s out of your control, then it becomes easier. Thanks for that!

  12. Great read. It’s true it’s so valuable to know when to quit. Inspiring to hear you’ve quit full-time job for part-time. How are you finding semi-retirement?

    • Dave @ Accidental FIRE says:

      I’m coming up on three full years of semi-retirement, I absolutely love it! I work 20 hours a week, that’s it. And the rest of that time is dedicated to my health, relationships, and business. It’s one of the best things I’ve ever done.

  13. Mr. Tako says:

    So many people look at quiting in life as losing. Either you’re a winner or a loser… and losers quit. So the thinking goes.

    But I rather like the DNF term. Not a winner, but not a complete loser either. Something in between the constant push for success and the agony of absolute-last-place defeat needs to exist. It is a happy middle ground where we can find some happiness and respite in life, without having to destroy ourselves in a career that eventually puts us in the grave.

    • Dave @ Accidental FIRE says:

      Great comment – virtually everything has greytones but in todays world people seem to put you in a black or white box.

  14. firewtk says:

    Hi,

    I think that one knows his/her enough. Once this figure is hit, the next step is “quit” and focus on the things of own interest.

    WTK

  15. martin says:

    Hi Dave, I had to laugh when I read this one….resonates with me for all 3-reasons you state.
    I quit my $200k corporate job in July….yes in the middle of a global pandemic. Age 42, 2 kids. No job lined up. hated the job sooo much.
    My colleagues could not believe my decision….
    I have FU money to cover me for a while..they wouldnt have an idea!
    Now surfing, cycling, running,hiking regularly and spending precious time with family.

    • Dave @ Accidental FIRE says:

      WOW! Congrats to you Martin, that’s awesome. Enjoy your new freedom, the power of FU money is amazing!

  16. onepercentbetter says:

    Personally, fear and a false sense of security kept me tied to a corporate job for longer than I’d like to admit. When I finally got to a breaking point, I decided to “give myself a year” – worst case, my FU money would run out and I’d get another job. That was 1 1/2 years ago. I am happier, so much healthier mentally and physically, and that FU money. It’s still there. Because I had time to focus on existing passive income (rental properties), I had the opportunity to optimize that passive income and my personal expenses. Which made me think… why on Earth did I stay at that corporate job I hated for so long!?!

    Sure glad I decided to quit 😉

    • Dave @ Accidental FIRE says:

      The fear factor can be really big, heck I still have some of it. I’m still part time and ideally would rather not be. Part of me does still like parts of my job and staying in my industry, but in a 100% perfect world I would be fully separated and retired. The fear of the health-care juggernaut and the unknown future state of the ACA are real. Congrats to you!

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