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!
Do you think there is a meaningful difference between the terms financial independence and early retirement? Let's dive into this distinction without a difference, and what it means for the personal finance community.
in the financial independence/early retirement space, we know we're not alone in complaining about work. and with good reason. but we've made a decision: we're done complaining about work.
we've both come across a seemingly frequent but also puzzling (to us) phenomenon while perusing new blogs. when aspiring early retirees are telling people in their lives about their plans to retire early, they're getting negative responses. one of which has us utterly befuddled: the assertion that the accumulation of assets required to retire early constitutes pretty much the worst quality we can imagine: greed. here's our response, in manifesto form.
few things in our lives have ever excited us as much as the early retirement that we're eagerly planning for. but we also feel something that not many people talk about: the ways in which we're letting ourselves down by retiring early.
we don't really know what we want to do when we grow up. but we think early retirement will finally give us the time and breathing room to find out. and we know for sure that we're about to get a lot more useful to society, not less.
once we started planning in earnest for early retirement, we quickly realized: financial calculators all take a one-size-fits all approach. but what if your finances don't fit neatly into this one-size-fits-all box?