It’s so easy to second-guess our past decisions, or to blame ourselves when things don’t turn out as we’d hoped. We’ve recently had a reminder in real life of why it’s so much better to let that stuff go and focus on the future instead.
Thanks to thinking about early retirement pretty much all the time, reading lots of thought-provoking blogs about it, and of course writing about it in a few thousand words a week, our thinking has continued to evolve. Today we’re diving into how we’re now thinking about our time, money and purpose in early retirement.
Something we need to plan for better is how we’ll get social interaction after we leave the workforce. In other words: We need more friends! Soon, we’ll have our best free time when our current friends are at work, so need friends whose time aligns with ours. Plus, having good friends does wonders for mental and physical health, especially as we age.
We have said from our second post ever that our vision for early retirement has never included mandatory work. And we’ve been more vigilant about this fact than probably any other in our early retirement plan. We’ve shifted our investments, we’ve changed our timelines, we’ve debated when to give notice, but we’ve never wavered on the no mandatory work idea. But… that might be changing.
Today we’re kicking off a new periodic series called The Retirement Lie. We recognize every day how lucky/fortunate/privileged/rare we are for being able to pursue early retirement, primarily because we also recognize that just being able to retire at all is becoming increasingly unlikely for a large majority of people. In this series, we’re delving into the forces that are keeping people from retiring confidently and securely, beginning with the way media talk about retirement savings.
We’re huge believers that there’s no one “right way” to do personal finance. Your own finance philosophy should follow out of what makes you truly happy. But we all have those quirky habits that don’t jive with our own philosophy, and today we’re fessing up to some of ours!
Get ready, because we’ve unleashed the excitement in today’s update! 2016 has been good to us financially, and we’re even farther ahead of schedule toward early retirement than we were at the end of the first quarter. This is a big one!