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The Guardian - UK
The Guardian - UK
Business

Is it sensible to quit my job with no firm plans for our future?

question mark
A reader is quitting a London job to do … well, they're not exactly sure. Is this wise? Photograph: Alamy

On Friday and Monday we publish the problems that will feature in a forthcoming Dear Jeremy advice column in the Guardian Work supplement, so readers can offer their own advice and suggestions. We then print the best of your comments alongside Jeremy's own insights. Here is the latest dilemma – what are your thoughts?

My partner and I live in East Sussex with our two-year-old son. We have decided to make some changes to our lifestyle, meaning me resigning from an unfulfilling job in London and freeing myself from a three-hour commute. We have £200,000 in savings and an estimated £150,000 of equity in our house. The plan is to finish work by the end of the year and take some time to assess what we will do next.

We are willing to take some risks and use our savings to start our new, simpler, more family-oriented existence – we have entertained buying and running a B&B or buy-to-let holiday accommodation, or some other business. Am I being short-sighted assuming I can leave decisions about "what next" until I finish work? Put another way, will having savings but no income severely limit the options open to us?

What do you think?

• Friday's dilemma: My boss made up some 'performance issues' after I queried a pay review

• For Jeremy's and readers' advice on a work issue, send a brief email to dear.jeremy@guardian.co.uk. Please note that he is unable to answer questions of a legal nature or reply personally.

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