#127 | Our early retirement plans and why are we still working!?

December 13, 2021

Episode Summary:

 

In this week’s episode, we share our early retirement plans, goals, and why we’re both still working.  We get this question a lot from our listeners, so we’ve finally decided to address it.  We share how we’ve both reached our financial independence numbers, are still working, but still plan to retire in our early 40s.  We talk through how we’ve been able to leverage hitting our FI goals to negotiate more flexibility at work and what we’ve learned since having more flexibility.  We also dig into the one more year syndrome and how we’re getting past our fears to take the plunge into early retirement.  

 

Episode Notes:

 

In response to many listener questions, we finally share our early retirement plans and talk about why we’re both still working and when and why we’ll stop working. Then, Mike reads a poem, and Maggie starts crying.  This might be the first time Maggie has cried on the podcast, but it definitely won’t be the last!    

 

We share why we’re both still working:

  • We like our jobs and the company we work for
  • We’ve been able to negotiate some flexibility at work, from part-time schedules to summers off.  
  • We get paid well for what we do, and we like the extra padding we’re able to add to our FI funds.

 

We also talk through the one more year syndrome, what we’re afraid of in leaving our careers, and the importance of following your dreams and taking the road less traveled.  

 

Top 3 Takeaways:

  1. We do plan to retire in our early 40s. 
  2. We’re assessing things in our lives as we go, and if any of the important items are out of whack, we will adjust our plans accordingly.   
  3. Don’t be afraid, and get caught up in one more year syndrome.  Be true to your why and what matters to you in life.  

 

Show References:

 

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