We’re supposed to save 2 times our salary by age 35, or is it 25 times our expenses to retire early? We’re supposed to ignore Social Security, but also claim it at 62 to hedge against market risk. We should try to get out of debt as quickly as possible, but also paying off a mortgage early is missing out on potential market gains. There is so much “truth” out there, so many “right” answers, and many of them conflict. How to make sense of them and decide which are actually true? Start by tossing out the whole notion that financial truth exists in the first place.
Aligning your spending with your values with one of the first bits of advice many of us here when we get on the path to financial independence. But that advice usually goes on to talk about value — specifically what you get most value from — and not really about values at all. This is my case for why it serves you better to think about both what you value and your personal values when it comes to your spending and economic power.
I’m taking it on, you guys! 3000 words on why we aren’t fans of Bitcoin, and don’t think you should be either, if your goal is to build stable financial security or financial independence. There’s tons of research here, so come dig in!
Our early retirement savings journey has come to an end, and now it’s time for our very last financial update! This time, I share a lot more story behind the numbers than we could in the past, and provide all new detail on just how much we’ve saved.
Sooo you know the goal we’ve been working toward and blogging about for years, of retiring at 38 and 41? Well, we did it! We retired early! And as we slowly adjust to our next life, here’s all the stuff we’re planning.
Today is officially day 100 in our countdown of workdays left before we pull the ripcord and end our careers. Which is exciting! But excitement isn’t our overwhelming emotion right now — what we’re feeling instead is a pretty big surprise. How things finally got real, and the unexpected feelings that came with that.
I spend a lot of time talking about the nobler aspects of early retirement like how it will give us time to do more volunteering. But can we all be honest? We can do noble things in retirement, but the reason doesn’t have to be noble at all. For us, it’s all about what is most fun, and the answer is: not working. We want to retire early so that we can go back to being kids, but the paradox is that we’ve had to grow up big time to avoid growing up.
I’m sharing a personal story today about why the oft-used term “financial freedom” has always meant something totally different to me. (Spoiler: You’re almost certainly already financially free.) Let’s talk about freedom!
Though we’ve been thinking about all the questions that go with the end of work for months now, we’re late in realizing that we need to be ready to respond if our companies lay on the hard sell to try to get us to stay. We’ve given it some thought, and here’s what it would take for us. What would it take for you?
For a community that’s so into freedom, the financial independence blogosphere can be an awfully strict place with tons of rules. It can be hard to believe that we have the right to do some things just because we feel like it. Today, we give you permission to do exactly that, and share some of our most bratty financial decisions.
Living in the mountains has taught us that catastrophe comes quickly — wildfires can wipe out whole communities in the blink of an eye. While the world is still the safest it’s been since the dawn of civilization, there are many good reasons right now to up your savings game, both for your own safety, and for that of others.