I don't ride my road bike to work in the rain, it doesn't have fenders yet, my mtb does. So i ride the mtb, wear a hoodie as usual, bought a rain proof backpack, don't care about my pants getting wet.

They only thing that bugged me before the fenders was that mud would splash up on me and that irritated me. I'm too cheap to buy pain pants and jacket, but if I had the money I would.