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Shockingly simple math to early retirement
Shockingly simple math to early retirement










shockingly simple math to early retirement

shockingly simple math to early retirement

Unfortunately, many retirees enter their work-free years with few plans of what they’ll do, solely focusing on what they no longer have to do. It doesn’t matter how you spend your time - it just matters that you’re intentional.īecause although a life of Saturdays sounds wonderful, with great power comes great responsibility. Or, you could turn your energy and attention towards your loved ones, exploring what life could look like if you maximize the time you spend with them. Or, you could decide that you want to spend more of your time volunteering, choosing to forego paid work altogether. You could decide that you want to continue working, maybe doing what you’re doing now or possibly doing something entirely different. The amazing part of financial independence is that you choose how you’ll spend your time.

#Shockingly simple math to early retirement full

What would you do with a life full of Saturdays? How would you spend your time if money was no longer a consideration? What would you do? Who would you spend time with? Imagine a life that is uniquely yours, centered around who and what is important to you. So, if you’re on the path to financial independence, take some time to map out what your life could look like. My focus became living a life that I choose and using FI as a tool to get me there. This was before my daughter was born but I was already imagining how cool it would be to have the time to do stuff like that. I remember listening to the ChooseFI podcast with Brad and Johnathan as Brad talked about how cool it was to be able to walk his girls to school on a random Tuesday. But, as my journey progressed and I became more well-versed in personal finance, I used FI as a launchpad to change careers entirely.Īt that point, I realized I was no longer running away from electrical - I was running towards a lifestyle of freedom and flexibility. The work was fine and paid well, but I couldn’t stand the idea of spending the rest of my life doing work that wasn’t meaningful to me.

shockingly simple math to early retirement shockingly simple math to early retirement

I first discovered the FIRE movement because I was searching for different ways to create passive income so I could leave my career as an electrician. Their toxic or stressful job may have sparked their initial interest in financial independence, but their vision of the life they’ll be able to lead after financial freedom keeps them going along the way. What would you do if every day was Saturday?Īs most people progress on their FIRE journey, they focus less on what they’re running away from and more on what they are moving towards. I think it’s no surprise that two of the greatest personal finance writers of all time, Morgan Housel and Pete Adeney, agree wholeheartedly that the highest form of wealth is the ability to do what you want, when you want, with the people you want, for as long as you want. Every Day is Saturday “The highest form of wealth is the ability to wake up every morning and say, “I can do whatever I want today.” -Morgan Housel. Money Mustache is the inspiration for countless FIRE journeys, and his post, The Shockingly Simple Math Behind Early Retirement, is a must-read for anyone looking to achieve financial independence.īut, on the podcast, MMM shares the number 1 thing he loves about financial independence - every day is Saturday. Money Mustache (MMM) is considered one of the first to mainstream the FIRE movement, and his FIRE blog is still one of the best today. I recently listened to a podcast episode from Brandon Ganch, The Mad Fientist. It was a recap of an older interview that Brandon did with Pete Adeney - aka Mr. Imagine waking up every day with the freedom to do as you please.












Shockingly simple math to early retirement