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Early Retirement Extreme Forums » ERE Journals

1. 

   Aquatter
   

   Novice
   Joined: Oct '10
   Posts: 3

   Hello. Another poster from Europe here.
   I graduated last spring (B.A. in philosophy) and although I enjoyed my degree immensely, I eventually decided to do something practical. Then I discovered ERE and after lots of thought decided to postpone my plans of going to engineering school, and start my ERE journey by getting a blue-collar or grey-collar job. I haven't decided on which trade to choose yet. There are several important criteria I can think of:

   1. High salary (this is self-explanatory)
   2. Mentally challenging / not boring job (I prefer problem solving and creative work rather than following strict guidelines)
   3. Workplace safety (I'd rather retire healthy)

   Additionally, it would be nice to:

   4. Learn skills that are useful after ER (repairing, building things)
   5. Get some "life experience" (like long-distance travel on merchant ships)

   I'm leaning towards mechanic or electrician (are they really the most intellectually challenging blue-collar trades?), also investigating other occupations, like kitchen chef (I love to cook!) or carpenter. Any thoughts, suggestions?

   Posted 2 years ago #
2. 

   jacob
   

   Expert
   Joined: Jul '10
   Posts: 3,297

   Marine diesel mechanic?

   Posted 2 years ago #
3. 

   photoguy
   

   Journeyman
   Joined: Aug '10
   Posts: 202

   As per the other threads, I would pick a field that cannot easily be outsourced. I don't know if this is blue collar, but personally I would pick a profession like fire fighter.

   Posted 2 years ago #
4. 

   Redsted1
   

   Apprentice
   Joined: Jul '10
   Posts: 79

   I agree w/ photoguy. Firefighter or Law Enforcement/Police is an awesome route to go. They also allow for crazy amounts of overtime. I'm very good friends with at least a dozen firefighters and am related to/friends with half a dozen police officers up here in the Seattle area. They all make $80-120k and it only took most of them 4-5 years to get to that pay level. Most of them started out making 55-60k. Your degree will help immensely in getting hired. One caution: these are obviously two careers where you have to REALLY like doing the job, it'd be tough to fake it, and if you don't like it there are lives at stake, including your own. I'm also good friends w/ a plumber/pipe fitter and he makes 80-90k as well.

   Posted 2 years ago #
5. 

   jeremymday
   

   Journeyman
   Joined: Oct '10
   Posts: 132

   Be forewarned... tax cuts mean layoffs even for police officers and firefighters... this isnt the best environment for them right now. at least not in my state...

   Posted 2 years ago #
6. 

   JohnnyH
   

   Expert
   Joined: Jul '10
   Posts: 1,363

   I can see volunteer firefighting. But are full time paid firefighters really necessary?

   I've never even seen a structure fire in my entire life.

   Posted 2 years ago #
7. 

   HSpencer
   

   Master
   Joined: Jul '10
   Posts: 770

   Work 20 years and retire with a defined benefit package for the rest of your life. Promotions in pay due to your abilities, not office politics. Health/Dental/Prescription Drugs provided during career and into retirement. Quarter Million Life Insurance for peanuts. Opportunity for world wide travel. Housing allowances, College Education full or 75% paid even after retirement. All fields available, Medical, administrative, IT, Mechanical, you name it. Excellent pay.

   Anyone want to guess it?

   Posted 2 years ago #
8. 

   gibberade
   

   Apprentice
   Joined: Sep '10
   Posts: 92

   military?

   Posted 2 years ago #
9. 

   Sven
   

   Apprentice
   Joined: Jul '10
   Posts: 45

   I am not sure from where in Europe you are exactly, but maybe you can look into the dredging industry. The bigger groups (DEME/Jan De Nul/..) also do projects all over the world (creating/enhancing islands/harbors/..) and salary is quite good. 'Disadvantage' is that you are not able to come back every weekend if you are based somewhere at the other side of the world! But you will probably need some additional education for that. :-s

   Posted 2 years ago #
10. 

    firefighter
    

    Novice
    Joined: Aug '10
    Posts: 18

    Lots of comments here-

    As to the OP's question- From my personal experience, I would say that auto mechanics in a large metro suburb is the best field to go with if you want to start working, earning, and learning right NOW with the goal of collecting a decent amount of money quickly. I'd be interested in a
    healthy debate with someone who knows of a consistently
    quicker way to ERE. Jacob's suggestion of working on boats
    is not bad, either, but there tends to be more of a seasonality and cyclic nature to that industry than there is to autos.

    As for the suggestion of fire and police, yes, in some
    places, you can make that kind of money in 4-5 yrs, but
    it can easily take you 4-5 yrs to get the job now
    (it took me 3 yrs during the boom times!), also, and
    in the fire case you will likely have to go to paramedic
    school on your own (essentially an associate's degree)
    to get a job offer. Veteran's preference also helps a lot
    for police and fire hiring, but again that would take
    a few years to get.

    Jeremy is correct, municipal budgets are thin, so hiring
    freezes and layoffs are a fact of life everywhere.
    Layoffs typically go by seniority, too, so now is a
    tough time to be getting into public safety work
    in many places.

    JohnnyH, this would probably need to be addressed in a
    seperate thread, but a lot of the career vs. volunteer
    firefighter debate depends on where you live and
    population density.

    HS is spot on about the military, too. The benefit package
    can not be beat. You could actually save up quite a bit
    of money in your first enlistment if you go into the
    military with a skill (and thus advanced rank). I think
    one could easily "semi-retire" and go into the reserves
    (by all means, no offense at all to any reservists intended)
    if one saved during their first enlistment and then
    applied ERE principles for the rest of their 20.

    Posted 2 years ago #
11. 

    dpmorel
    

    Journeyman
    Joined: Aug '10
    Posts: 137

    I googled "highest paying blue collar job". The list was surprising.

    http://www.top-colleges.com/blog/2010/05/19/top-ten-highest-paying-blue-collar-jobs/

    In particular I like "Boat Captain".

    Posted 2 years ago #
12. 

    firefighter
    

    Novice
    Joined: Aug '10
    Posts: 18

    Unfortunately, those jobs are typically very hard to
    get without an inside track connection, and usually have long, low paying (or even costly) apprenticeship periods
    (as well most of them should have long training periods).

    I'm still with turning wrenches. If you hustle, you can have
    an ERE nest egg in the same amount of time as it takes
    to finish your training for one of those other jobs.

    Posted 2 years ago #
13. 

    KevinW
    

    Master
    Joined: Aug '10
    Posts: 576

    I went with auto mechanic in the Perfect ERE Life thread because, in addition to the advantages firefighter mentioned, the auto repair trade has

    - an immobile workplace which facilitates ERE-style housing and transportation
    - capital investments (tools) do not depreciate very much, so those investments can be recouped post-retirement
    - a large subset of skills are useful post-retirement
    - in particular, diagnosis is mentally stimulating and an essential DIY skill
    - opportunities to break in with little formal training
    - opportunities to increase wages by taking on management responsibilities or specializing through formal training (I bet the local Porsche wizard does pretty well)
    - formal training is widely available and inexpensive

    The biggest drawback I can think of is the somewhat hazardous workplace (lifted cars, chemicals, noise), but I think that can be mitigated by being a stickler for safety procedures.

    Posted 2 years ago #
14. 

    HSpencer
    

    Master
    Joined: Jul '10
    Posts: 770

    Auto Mechanic is a good solid trade. Some attention should be paid to the various pay plans. You have independent garages, big box bolt on shops, and dealerships. Dealerships have the best pay and training, but the jobs are somewhat like commission salesmen. Warranty work is flat rate. Other work is profitable as long as you can do the work quickly.

    Posted 2 years ago #
15. 

    gibberade
    

    Apprentice
    Joined: Sep '10
    Posts: 92

    I'm just wondering why nobody is suggesting the skilled trades, such as an electrician, plumber or carpenter?

    Posted 2 years ago #
16. 

    Redsted1
    

    Apprentice
    Joined: Jul '10
    Posts: 79

    @gibberade - I think what is shying people away from recommending the skilled trades is the recent economic downturn. Most of the skilled trades are supported by our growth-based economy. I know of quite a few electricians and carpenters that are scraping for work right now. Also, people above were saying auto mechanic was the best OVERALL, not necessarily the best for you specifically or the best based on one factor (i.e.--pay, difficulty of obtaining a job, etc.). It also has a shorter learning curve and takes significantly less time to gain many of the certifications needed to make "good money".

    Posted 2 years ago #
17. 

    gibberade
    

    Apprentice
    Joined: Sep '10
    Posts: 92

    Ahh, true enough.

    Posted 2 years ago #
18. 

    firefighter
    

    Novice
    Joined: Aug '10
    Posts: 18

    "I'm just wondering why nobody is suggesting the skilled trades, such as an electrician, plumber or carpenter?"

    gib-

    I could be reading through the internet lines wrong,
    but based on that and other comments you've made,
    I'd say to investigate the trade/skill that you're interested
    in and think you might be passionate about. Money's important, but not as important as doing what you enjoy.

    I can attest through personal experience that KW, HS, and
    Red are correct about auto mechanics, but my experience doesn't
    mean jack if you're not interested in it.

    I more or less left it 13 yrs ago (as a full time gig
    anyway) for a lower paying job that I enjoyed more
    and I haven't looked back since.

    Oh, and, stay in school.

    -FF

    Posted 2 years ago #
19. 

    KevinW
    

    Master
    Joined: Aug '10
    Posts: 576

    Yeah, the mechanic suggestion arose from a thought experiment about what a perfect ERE life would look like. IMO mechanic is "best" due to fringe benefits that dovetail nicely with ERE principles, but these are rather fine points that may not be very significant in practice. I expect other skilled trades would work about as well, and if it were me I would weight personal interest and temperament over factors like the depreciation rate of the tools.

    Posted 2 years ago #
20. 

    HSpencer
    

    Master
    Joined: Jul '10
    Posts: 770

    Job information on Auto Mechanic

    http://www.bls.gov/oco/ocos181.htm

    Posted 2 years ago #

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