I ask this in the context of work/career changes as it relates to how you want to spend time doing other things. I feel like I am getting closer to that point at which I would be fine taking a job (and/or doing more investment activities) that pays less in order to have more time, particularly time to spend with my family and time to spend on myself (more exercise, more reading, etc). I feel like I am pulled in different directions that make it more difficult to decide on a course of action. For instance I want to provide for my family and give them a great life. So I won't walk away from a job just because I don't want to work anymore. I actually enjoy what I do (I wouldn't say I LOVE what I do), so it's not that I am miserable at my job. But as my kids get older they will be involved in more activities and I will want to play an active role in that. So something has to give. When I am 65 I think I would be far more regretful about not spending as much time with my kids as I would be about not being able to buy "stuff". I am 42, wife is 38 and kids are 3 years and 18 mos. Wife and I both work. So it's not like I am going to make a change tomorrow, but I could see me stepping away from what I do now in 3-5 years so I can be even more involved in my kids' lives. Maybe the better question is how do you prepare for that change? I think managing household expenses becomes even more key when you do a change like this. But changing jobs in your mid-to-late 40s is a little more daunting than in your 20s or 30s. That's why I feel like I need to think about carving something out that does not require employment from another company (aside from my own).