There is plenty of financial advice out there, including some very prescriptive advice about how to achieve financial independence or virtually any big goal you can think of. The only problem is: that advice, while great for some, is guaranteed to be bad advice for others. Rather than trying to follow advice to the letter — or give it out in a prescriptive way — let’s focus on the formula instead, a formula with three key ingredients that can get anyone in nearly any life circumstances to achieve big goals.
Early retirement and financial independence are such huge goals that most of us can’t help but build them up in our minds, and that often leads to the totally normal tendency to get into magical thinking: believing early retirement will make us happier, or better people, or cure whatever else ails us. Today we get into why it’s worth countering that magical thinking, and how to do it.
Today I’m on the Mad Fientist podcast! To celebrate the occasion, we’ve got a monster post with the full rundown on every aspect of our financial plan and financial philosophy, so new readers can get a better sense of us, and long-time followers can see everything all in one place.
I think of myself as a naturally curious person, and that means that the list of things I want to do in retirement is longer than I’ll ever be able to get through. But even for the naturally curious, it’s worth cultivating both more curiosity and conscientiousness — to achieve success, however we define it, and to give a longer, healthier life.