Tag: retire early

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.

The Dose Makes the Poison // Radical Moderation in Frugality, Saving and Spending -- not trying to save too fast or spend too perfectly en route to financial independence or early retirement

The Dose Makes the Poison // Radical Moderation in Frugality, Saving and Spending

There’s a principle in medicine that the dose makes the poison. Which means, very few substances are good or bad for us no matter what. Instead, what matters is how much of them we take. And it’s exactly the same with money. It’s easy to make symbols of things like buying lattes or paying for cable, but those behaviors aren’t objectively a problem. What might be the problem, however, is the dose. Why we’re big believers in focusing on the dose, in context, and embracing a sense of radical moderation.

The Paradox of Growing Up So We Can Avoid Growing Up // For those of us pursuing early retirement so we can be kids forever, there's an interesting paradox: we have to grow up to avoid growing up and early retire.

The Paradox of Growing Up So We Can Avoid Growing Up

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.