“Yesterday was my last day”. Those were the words my Dad told his boss when he quit his job. He was 60 and decided he’d retire. Just like that.
Harmony, Variety, Dominance, Proportion, Balance, Movement, and Economy. These are the seven design principles that I was taught in a class called "Fine Art Design". Recently it occurred to me that each of these elements can be used, not just to create a...
Uh-oh. I have a problem. I’ve gone over 5 months now without a glass of wine. And it’s great! Yet, I ask myself why it is that we in the FI community are cutting every last penny, just to gather and celebrate over some beers. Maybe it’s time to stop our whining. Or wine-ing!
Are you FI but not MI? Medically Independent, that is. How can there be shockingly simple math to early retirement if no one can estimate their health insurance costs? Having retired years before Obamacare went live, let me tell you our approach to this ever-changing and costly budget item.
As the FIRE concept spreads into the mainstream press, many people are asking…Should you “RE”, or Retire Early? Or instead, is it about quitting a job that you don’t like, or just do for the money, and finding work that you love and that fulfills you?
I absolutely loved working as an Electronics Engineer and could not have imagined getting to a point that would make me walk away from my voluntary 80+ hour weeks. But my last job, which took me to Scotland on an Oil and Gas project, brought me on the adventure of a lifetime. It was truly a million dollars worth of fun. Until it wasn’t. I mean really wasn’t.
We’ve just returned from an epic trip to the Eastern Sierra. I love hiking, but I’m definitely not John Muir. I’m also not Mr. Money Mustache or Paula Pant either. But I was able to quit my job at age 51 and I’ve hiked some of the most incredible trails in the Sierra Nevada. How did I do it? By finding my own pace and my own path.
Just like the stock market, wild ups and downs are part of our plan. If you have enough savings to draw from, then wild swings in your net worth and your annual expenses are normal. To prosper, you have to expect the unexpected.
If we had bought our trailer before we retired, we might have been able to break free years sooner. It reframed our perspective on money and our priorities in life. Why? Because so many things about the trailer and the travels have changed our frame of reference.
Have you ever been fired? It was probably not as wonderful as it was for me. My boss did it in order to keep me working there. A pretty unusual story and the turning point in my life, it was the key to our financial independence. And it saved my health and sanity too.
Brainstorming Ideas from Brilliant People in the Financial Independence Community
Financial Independence Ideas
People make their own cages with work and money, not realizing that there is a way out if we “see the light”!
Come join me as we explore FI Ideas that will help you find a way to get more freedom. Using great content from blogs, podcasts, books and YouTube, together, let’s create a path to FI.