Quarterly financial progress report toward early retirement and financial independence

Magic Numbers, Padding and Panic // 2017 Q2 Financial Update

It’s time for our second quarter early retirement progress report — our second to last! — complete with charts galore. This quarter we hit another milestone that’s both wonderful and a relief, and we’re setting our sights on building up a sizable cushion by year’s end for future health care unknowns. Plus: we’ve launched a reader survey and we’d LOVE your input. Continue reading Magic Numbers, Padding and Panic // 2017 Q2 Financial Update

Does your exit plan have an exit plan? Why you need to be able to change your mind in early retirement -- about where and how you live, about work, and about anything else. Make sure you build in the resources to keep your options open.

Does Your Exit Plan Have an Exit Plan? // What If You Change Your Mind?

Today we’re talking options, and keeping them open. Early retirement isn’t an ending, after all — it’s a beginning. And if we go into that beginning with a limited set of options, and no ability to change our course, we could be setting ourselves up for a less-than-ideal future. Here’s why it’s so important to have an exit plan from your exit plan, which really just means you’re giving yourself the financial and logistical resources to change your mind. Continue reading Does Your Exit Plan Have an Exit Plan? // What If You Change Your Mind?

Pre-Early Retirement To Do List // What To Do Before and After You Retire Early

The Before and After Early Retirement To Do Lists

Our early retirement might be right around the corner, but we still have a lot to do before the year is up to make sure that we’re truly ready to make the big leap. Then after we pull the plug, we have a different set of things to do. Here are our big lists of things to do before we retire early, and right after, as well as things we’ve already checked off the list this year. Are we missing anything? Let us know! Continue reading The Before and After Early Retirement To Do Lists

OurNextLife.com // Is it a win or a fail to die with money leftover? "You can't take it with you" vs. leaving a legacy // financial planning, charitable bequest, charitable giving, retirement planning, legacy

Is It a Win or Fail to Die With Money? “You Can’t Take It With You” Vs. Leaving a Legacy

Lately we’ve been mulling over a question: Is it a win or a fail to die with money leftover? Of course we can’t know how long we have, but if we could, would we prefer to spend our assets down before we die, or to be able to leave a big legacy behind? There’s a lot behind this question, and today we dig into all of it! Continue reading Is It a Win or Fail to Die With Money? “You Can’t Take It With You” Vs. Leaving a Legacy

Mossy trees, hiking trail, conifer forest

When Friends or Family Don’t Support Your Early Retirement Dreams

We’ve been lucky in many ways, but one of those ways is that we’ve been almost completely supported in our early retirement plans by our friends and family (at least the ones who know!). But we know that many aspiring early retirees aren’t so lucky, and today we hear from lots of them about how they handle that lack of support! Continue reading When Friends or Family Don’t Support Your Early Retirement Dreams

Countdowns and Disbelief // 2017 Q1 Financial Update

This year has been flying by, and we can’t believe it’s already time for our first quarter update. And it’s not just numbers on our minds — getting this close to retirement has us feeling all kinds of contradictory feelings, and the recent market boom has us in a state of disbelief. Continue reading Countdowns and Disbelief // 2017 Q1 Financial Update

Don’t Listen to Us // Blogs Don’t Tell the Full FI Story

An interesting thing happens with a lot of financial independence bloggers. As your audience grows, you suddenly have this incredibly opportunity not only to reach more readers, but to earn more from the blog. Which is wonderful! Except when it means you’re only telling part of the story. Here’s why this matters, and what we should all keep in mind as we read FI blogs. Continue reading Don’t Listen to Us // Blogs Don’t Tell the Full FI Story