Welcome. Do you want to retire early? Me too. In fact, I plan to.
I’m currently 32.25 years old and plan to retire from my regular work and current job sometime before I turn 34. This blog is essentially an ongoing reminder to myself of this goal, as well as a place to record my learnings along the way and to hold myself accountable to it Also, as a byproduct of this, I hope that others will find their way here and learn some of this wisdom along with me.
You see, we’ve been sold “Freedom 55” as a goal (literally, this is the name of a large financial advising firm). “Wow, to retire at 55; wouldn’t that be nice,” we might think. Yes, it very well might be. As long as that is when you would like to retire. You see, you can actually retire whenever you want (ok maybe not in the past and maybe not today or tomorrow, but quite often earlier than 55). And it’s not actually retiring in the sense that we know it these days that I am talking about here (that is, putting our feet up and waiting for the light to swallow us whole). ‘Retiring’ is simply the option to ‘work’, as little or as much as we want.
You see, the standards to which you are often trying to measure yourself have been set long before you came along, and are far beyond what you actually need. Chances are that what you think you need to save to retire is far beyond what you actually need, and if you simply set a date sometime in the future that you would like to retire, and adjust accordingly. That’s what I’ve done and if there’s one thing I’ve picked up in my 32.25 years so far, it’s that if I can do it, so can you.
So please, follow me on my journey to redefine ‘rich’, explore conscious frugality, and live a good life free-of-debt (or at least free of high-interest debt) and full of experiences while I work toward my planned retirement age of 33.
Oh, and before we get started, don’t forget to take a moment to think about when you would like to retire.