Tag: fire

Building Climate Change Into Your Early Retirement Plans // Our Next Life // early retirement, financial independence, FIRE

Building Climate Change Into Your Early Retirement Plans

You don’t have to agree on what’s causing climate change to agree that it’s happening, that it’s getting worse and that it will affect those of us who are retiring early (just like it will affect everyone on the planet). So how do you account for something as massive as climate change in your financial and life planning? What do you do with the doom and gloom news stories, besides throw your hands in the air and declare it hopeless? Let’s break it down into actionable steps.

Early Retirement Naysayers // OurNextLife.com -- financial independence, early retirement, FIRE

Don’t Immediately Dismiss Early Retirement Naysayers

The FIRE movement has recently faced one of its biggest bits of criticism ever, from one of the country’s most famous financial experts (yes, that’d be Suze Orman), and the responses have been interesting. While plenty of folks have already responded to her critiques point by point, this is a good moment to remind ourselves why it’s so important not to write off any naysayers immediately, and instead to really listen to what they have to say.

Even in Early Retirement, You Still Have to Make Time // Make Time: How to Focus on What Matters Every Day by Jake Knapp and John Zeratsky // Our Next Life // financial independence, FIRE, early retirement

Even in Early Retirement, You Have to Make Time // Q&A with John Zeratsky + Book Giveaway

Something that I think takes a lot of early retirees by surprise is that the things you always dreamed of doing when you were slogging through those saving years don’t automatically happen just because you subtract a job from your life. The minutes, hours and days still slip away mysteriously if we aren’t intentional about how we spend our time, and for those things that mean most to us, we truly have to make that time, which happens to be harder than ever in our distraction-filled world? This is one example of an area where we’ve made up our minds to make more time for something important, and an interview with John Zeratsky, co-author of the new book Make Time that’s all about this challenge. (Plus a book giveaway!)

The most important early retirement preparedness indicator // boredom in early retirement, part 1 // Our Next Life // financial independence, FIRE, FI

The Most Important Early Retirement Indicator // Boredom in Early Retirement, Part 1

Like it or not, boredom in both early retirement and traditional retirement is a real thing. Between accounts I read online and notes I get from readers, it’s a phenomenon I see occurring pretty regularly. So I’m digging into boredom with a two-part series, first looking at how your answer to one question in particular tells you if you’re ready to pull the plug on work and retire early.

What Early Retirement Has and Hasn't Fixed -- OurNextLife.com // Financial independence, retire early, FIRE movement

What Early Retirement Has and Hasn’t “Fixed”

For a long time, I let myself go down the magical thinking rabbit hole, convincing myself that early retirement would cure everything in my life that needed fixing. And even after I recognized that magical thinking for what it was, I still assumed that early retirement would fix a lot for us, especially things related to work stress and limited time. So how has that actually turned out so far? Let’s take a look.

Getting through the middle saving years slog en route to early retirement and financial independence // OurNextLife.com

Getting Through the Middle Saving Years Slog

Nearly everyone who achieves financial independence feels some level of impatience at some point, and that’s normal. But it’s especially easy these days to cross the line from normal impatience to borderline obsession, which only magnifies and worsens that impatience. Here’s some of what we did — and what we WISH we’d done — to get through the middle saving years slog.

Don't get discouraged by slow initial progress toward early retirement, financial independence or other large money goals! Your progress will speed up over time!

Don’t Get Discouraged by Slow Initial Progress // A Blast from My Financial Past

Some recent home organizing brought me to a bit of an archaeological find: a snapshot of my finances almost exactly 10 years ago, before Mark and I got married. I’ll bet they’re not what you expect, but what’s more, they show why it’s so important not to get discouraged if your financial progress feels slow in the beginning, or even for years!

A Reminder That What We’re All Doing Is Still Unfathomable to Most People

So many of us, upon learning about early retirement, dive in headfirst, and discover this community full of people working toward the same goal. And along the way, we adjust our baseline based on the people we meet here, and we might even forget that we are the outliers, not the normal ones. Recently, we were reminded just how not normal this goal is, and that’s made us all the more grateful.