You know all the math. You’re saving at a high rate. You’re optimizing your spending and avoiding investments with high fees. But do you REALLY have what it takes to achieve early retirement? Come find out.
Our lives lately have looked slightly less than, er, adult. Some days we wonder why there are no grownups here to tell us what to do, instead just leaving us alone to do as we please with no structure whatsoever. It’s marvelous, of course, or at least marvelous for now, but we’re certainly wondering: At some point are we actually going to adapt to this new unstructured life?
We’ve had a strange and completely unexpected realization already, though we’re still new at this early retirement thing. Time isn’t what we thought — days, specifically, aren’t what we thought. Let’s talk all about it, including how the zombie apocalypse is suddenly relevant to our lives.
Here’s something we never considered in all the years of planning to leave our careers and saving for financial independence: Early retirement is a form of time travel. And not just to one point in time, but to many! Sounds wacky, right? But it’s true. Here’s how.
We think we did this wrong in starting out our early retirement with too many things, including three trips, a long to do list, and a mad scramble to get out the door to our first big international trip to Taiwan. Or maybe we did it exactly right by accident?
After we realized that we would work in early retirement, we also realized that we needed an easy way to decide if an opportunity that came along was actually work we wanted to do. And we created what we call the “high school rule.” Here’s what that is.
We are officially covered by an Affordable Care Act (ACA) / Obamacare health insurance plan. Though getting covered was not as easy as we’d expected, and there were some big lessons we learned that all early retirees should know. Plus we talk about the challenge of projecting our income and revisit the benefits of keeping income low for health care purposes.