One More Year Syndrome (OMY) – Should You Keep Working?

This is a header image for the Fiology Lesson One More Year Syndrome (OMY) - Should You Keep Working? It displays an image of a suit and tie, ready to go to work another day.

What is the One More Year Syndrome (OMY)?

The One More Year Syndrome (OMY) is defined as having a continued urge to work even though you have already met your planned financial goals. Of course working a little longer to pad the coffers has its merits, but is it worth it? And does the urge to keep working stem from fear or logic. The answer likely lies somewhere in between.

After years of diligent savings and being extremely aware of and planning for all fathomable downside future risks, nearing the FI finish line can be both exciting and scary. It is a great position to be in and should be all rainbows and butterflies but there is always at least some level of anxiety. If we are still able to work, should we? Continuing to work will certainly minimize the risk of the future unknown further, right?

Do we take the leap, make a clean break from our previous paycheck, and fully embrace all that we dreamed FI will bring? I mean, we planned for this day and all will be well, right? This is choice causes pause for many in the FI community. This lesson will define the One More Year Syndrome and provide a variety of viewpoints to help you reflect on your own circumstances and move forward to a decision that works best for us and our future.

Fiology thanks mentor and friend Doug Nordman of The Military Guide for shaping this lesson.

Note: We searched for podcasts and videos to support this concept and found little. If you are aware of any other medium supporting the One More Year Syndrome, please let us know.


Take Action:

  • No matter where we are on our FI journey, despite what logic and numbers support, we are likely to give great consideration to the decision to finally begin proving our concept of FI. With this information as a basis, continue to think about how you will interpret the many factors that make up the One More Year Syndrome.

Additional Resources:


“Even if you fall on your face, you are still moving forward.” – Victor Kiam

David Baughier

My passion for helping others led to the curation Fiology. Help me spread the message of Financial Independence by clicking a colorful link above and sharing this post on your favorite social platform. Thank you!


  1. LF Tommy on November 13, 2018 at 5:58 pm

    I had a one more year moment. My long planned for early retirement was set for the Fall of 2008. But the market tumbled and so did my portfolio. On top of that unemployment soared so opportunities to move on doing something I had real interest and passion to learn and do dried up. So I waited a year until it appeared the market had hit and then started to rise above it’s bottom. My one year delay did give me more confidence in my decision to finally leave when I did in Dec 2009. I was still burdened with some doubts, especially when everyone said I was crazy to do it. BTW- Thanks for “read” mention (announcing your early retirement) in your post .

    • Fiology on November 13, 2018 at 9:42 pm


      It really does affect us all. It’s good to hear from someone who experienced it in the trying time that you did. With the new generation of FI seekers, it will be interesting to learn from the stories as we maneuver through the next downturn. And I might just might be becoming a “Leisure Freak” as you define as: Someone who is obsessed with or unusually enthusiastic about employment liberation through financial independence.

  2. FIRE is DEAD – Retire In Progress on May 21, 2020 at 5:32 am

    […] More To That in “Money is the Megaphone of Identity”. OLY (one less year) instead of OMY (one more year) […]

  3. […] green line is the One More Year Syndrome, i.e. “4) How long would our wealth last assuming I work for one more year and then […]

  4. […] reminder we needed that life is indeed precious and short.  And we are not going to waste it on One More Year Syndrome. The goal posts can forever move further and further back, but we’re not going to let that […]

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