Shownotes Transcript
Carl chats with Doug and his wife Elizabeth who recently left her career and retired early. Elizabeth discusses her introduction to Financial Independence and some of the skepticism she initially had while also walking through some of the specifics about actually leaving her job (making the decision, having a solid financial plan in place, and describing her last day at work). She goes on to share insights on adjusting to retirement, staying mentally active, societal perceptions of retiring early, the importance of finding joy outside work, and the importance of having a purpose post-retirement.
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Links
Tim Ferriss podcast, “Mr. Money Mustache — Living Beautifully on $25-27K Per Year (#221)”)
Carl’s blog: 1500 Days)
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Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.
Brought To You By:
The Doug Show, aka Affiliate Marketing & Side Hustles)
1500 Days, Carl’s Blog about Early Retirement)
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0:00 Introduction
1:58 Discovering FIRE
7:48 Good financial habits, tools, & practices
13:19 FIRE skepticism
18:49 Overcoming uncertainty & leaving work
23:34 Debate on the 4% rule
29:41 Working again after retirement
36:23 Pulling the trigger to actually quit
43:51 Single point of success
49:44 Last day of work & what happens next
54:48 Retirement worries
1:00:38 Telling friends & family about retirement
1:08:48 FI events & the perfect day
1:16:27 Soundcheck – Envelopes