Are some people predisposed to embrace the FI mindset? Financial independence, money mindset

Are Some People Predisposed to Embrace the FI Mindset?

Today we’re exploring a single question — Are some people predisposed to embrace the FI mindset? — through some personal stories, including a spending confession so out there I almost couldn’t hit publish. But most of all, we want to hear from you guys on this one — what do you think all FIers have in common, and can anyone become an FIer? Come weigh in! Continue reading Are Some People Predisposed to Embrace the FI Mindset?

Avoid early withdrawals in early retirement // Roth conversion ladders, IRS rule 72t Substantially Equal Periodic Payments SEPP, early retirement savings

Avoiding Early Withdrawals in Early Retirement // Don’t Think of It As One Big Pool of Money

Some possible fighting words today, as we delve into the question of whether it makes sense to think of both taxable funds and tax-advantaged retirement funds as one big pool of money. Why does it matter? Because there are a bunch of potentially huge downsides to withdrawing traditional retirement funds early through Roth conversions or rule 72t distributions (or different approaches that exist in other countries). Fortunately, there’s another great option if you’re willing to do a little more math. Continue reading Avoiding Early Withdrawals in Early Retirement // Don’t Think of It As One Big Pool of Money

There's no such thing as a risk-free life // risk tolerance, low risk tolerance retirement, false dichotomy

There’s No Such Thing As a Risk-Free Life

For years, I labored under the cozy illusion that there were “safe” choices in life and “risky” choices. And of course I was drawn to the ones that felt safer. Until I saw with my own eyes, in my own finances and my own life, that sometimes the safest choice of all is actually the most risky. And that realization changed everything. Continue reading There’s No Such Thing As a Risk-Free Life

Not earning money for work in retirement, volunteering in retirement, work in retirement

The No-Income Work Experiment // Testing Our Commitment to the Principle

One of the bedrock principles of our early retirement vision is that we don’t ever want to *have* to work, and we want to choose which projects to take on regardless of whether they pay. Which is all nice in theory, but does that principle stand up in the real world? With this blog as our guinea pig, we put our ideals to the test. Here’s what we learned. Continue reading The No-Income Work Experiment // Testing Our Commitment to the Principle

Investment Returns, Conservative Projections, Low Growth, Early Retirement, Retirement Planning

The Case for Conservative Early Retirement Investment Projections

We’re all getting conflicting signals right now: From financial analysts predicting lousy returns for the foreseeable future, and from early retirees reporting how they’re beating their projections every quarter. We could take away two very different lessons from this dissonance: that we need to make sure our plan is extra solid and based on low projected returns, or that we’re probably overthinking it all and working longer than we need to. We have an opinion on this (always do!), and share why we’re taking the more conservative approach, because: recency bias. Continue reading The Case for Conservative Early Retirement Investment Projections

You can love your job and still want to retire early // You can retire if you love your career, if you feel fulfilled by it, or any other good reason!

You Can Love Your Job and Still Want to Retire Early

In the last several months of contemplating leaving work, while doing a better job of saying no and setting boundaries (woot!), I’ve come to realize something: I truly love what I do. Bad news for a soon-to-be early retiree, right? Not at all! You can definitely love your job and still want to retire early — no insanity required! Here’s why. Continue reading You Can Love Your Job and Still Want to Retire Early