Would you go part time/quit your job if your mortgage was paid off?

[Purpledragonz]

Just that really!

I did... but my job pays peanuts anyway (TA) so I dropped to only two days a week so I could care for my Grandson the other days. I enjoy my two working days, but looking after DGS means the difference between my DD2 and her dh surviving financially or not.
I was going to be poor either way!

I think I'd just be in a job that is stress free as possible. I'd compress my hours maybe as I'd like the money to go on luxury holidays

Yes. I reduced my hours to 21 a week. Then retired on my private pension at 55 ( Nurse. Couldn't wait to get out )

Yes. Ds has two years left at school, I have two years left on the mortgage. I'll be 62.

I can't wait 😀🍾🍾

Mortgage free. Work 30 hours a week. Currently do a fair bit of overtime though as we have a wedding to pay for

We are now mortgage free, but both still work full time. We stash the amount our mortgage used to be into pensions.

I'm already part time but have a big mortgage, so yes I would consider reducing working hours further if the mortgage was paid off! I would definitely be keen to work less but in quite demanding industry so would probably require a job change of some kind...

No, I wouldn't. I enjoy my job and while PT hours seem tempting, I know myself well enough that I'd just fill my time with domestic work, to "justify" me working fewer hours. Bugger that. I'm not taking a pay cut so I can spend more time doing the laundry...

I’m planning on going part time once I pay off my mortgage in 2 years.
Will just need money for utilities,council tax and being able to enjoy myself doing things I like.

Already is and no we haven’t. Using the extra money to do the house up and enjoy amazing holidays while we still can.

Already is.

I now basically work only very part time - self employed in the industry I have worked in for 20 years. Pick and choose projects.

Only one left in uni and it's her last year this year.

I do have significant health issues that are made much easier by not working in person.

I've been working part time since having children, and our mortgage is almost paid off, so no.

I paid it off last year, and no, I'm still working full time but stashing extra money away for retirement in the hope that I can bring the date when I do stop working forward a bit. And planning more interesting holidays now we have a bit of extra cash to spend on them, for a bit of fun before that day comes.

No. We're hoping to pay the mortgage off in 11 years from the pension tax free lump sum. Then it'll be a case of hammering everything into pensions until we're able to retire. I'd rather keep working full time and then accumulate enough to stop work completely!

No, once mine was paid we paid the equivalent amount each month into pension. Hoping to then both retire before 55.

I'm already part time but if we paid off the mortgage I'd increase my hours and encourage my husband to drop some so we both had a better work/life balance.

Unfortunately not. My mortgage is fairly small in comparison to the value of the house, but when it's paid I'll carry on working for a number of reasons.

2 kids to potentially put through uni

Wanting to be able to enjoy all the things I've never been able to afford

Some bloody good holidays

Building the retirement pot

Keeping myself busy

My house is paid off, my total bills come to around £400pm not including food.

I am part time due to having uncontrolled epilepsy, but probably won’t ever go back full time. My work/life balance is perfect, having a 5 day weekend every week is quite excellent!

No but I would save the money I would have spent in a high interest account so I could afford to drop hours sooner.

I did but not immediately.

No. We paid off the mortgage 5 years ago and have then saved the money (£1000 per month) for Uni costs and house deposits.

I was part time for years why the boys were younger so feel I need to stick at full time for a while now (I'm only 45) although DH will think about retiring sooner as he's 10 years older.

No, it took the pressure off hugely because at least we felt secure but we weren't earning a lot even though full time and pension pots weren't brilliant.

Our mortgage is just one of many many bills. The other bills somehow come to almost £1200 then we spend probably £800 on food so no!

I'm planning on having my mortgage paid off next year. That also coincides with dd turning 18 so I'll lose her CM so I'll be supporting her actually more. My mortgage is relatively low and as pp say the biggest chunk is the bills which won't actually go down. Maybe once the kids move out and I can downsize...

I'm part-time, term-time and we are hoping to pay the mortgage off in about 3 years. By that point our first child will be about 2 years away from going to university. We'll end up using the money from the mortgage to help him at uni if he goes or save it into my husband's pension I think as his is very small currently.

Despite that our lives will remain the same, I can't wait until it's paid off as I think it just removes so much pressure as it means that we could survive on one income, which we couldn't do currently.

If I wasn't part-time already though I think I'd definitely go part-time, but then I'm not fond of my job. When I enjoyed it, in the dim and distant past, I would have happily kept on working.