In early retirement, we have the opportunity to make life easy, maybe too easy. And while that may sound great (no commute! no travel at the most crowded times!), a life that’s too easy is actually bad for us. Let’s dig into why that is and what we should all do instead.
Building on the recent post on simple living, we’re working on going to the next level and living more slowly, which is as much a mindset as anything that anyone could see. The only problem? We don’t actually know how to live slowly, because we’ve never done it! But we’re not afraid to put in the effort to learn how. After all, we’ve never been retired before, so it’s bonkers to think we’d be great at every aspect of it right off the bat.
Over the past two and half years of blogging about our early retirement journey, we’ve had the pleasure of meeting and hearing from several dozen of people who’ve achieved financial independence. All the while, we’ve been going along on our journey, and noticing what spurs us along more than anything. Turns out our journey and those of others’ have one key ingredient in common.
Today we’re exploring a single question — Are some people predisposed to embrace the FI mindset? — through some personal stories, including a spending confession so out there I almost couldn’t hit publish. But most of all, we want to hear from you guys on this one — what do you think all FIers have in common, and can anyone become an FIer? Come weigh in!
Maybe this is true for most of us, but we tend to focus on what’s right in front of our faces. On the journey to early retirement, that means thinking about how we treat our money now, and not always thinking back about how we used to relate to it. But today we’re taking a little look back to see what has surprised us most about pursuing financial independence, both financially, and in terms of our mindset.
Right now, nearly everything in my work life is set up to remind me that I’m (deliberately in quotes) “important.” How will our egos handle early retirement, when all of that goes away? Will we feel invisible? How can we let go of the fake importance and focus on replacing what truly matters to us? Let’s dive into all of that.
We’ve spent more than a decade building up our savings and investments, all the while granting them a special status by not touching them. Even shelling out $8,000 for our tax bill this year felt painful. The pain of paying that bill made me wonder if I have “special occasion thinking” around our investments. And if, when it comes time for it next year, we’ll actually be able to spend our investments. Let’s explore…