I retired last year at 38! Mr. RFL still works and we haven’t reached Financial Independence just yet, but this is the path we’ve chosen for our journey. I’m sharing our experience with early retirement, including all the ups and downs.
Recently, I invited the ‘Early Retirement Police’ to come for me by giving semiretirement a try… after previously proclaiming myself to be retired. It’s no secret that I’ve struggled to find purpose in early retirement. Prior to taking this job last fall, I had frequently wondered if there was some aspect of my accounting career…
Welcome to Rich Frugal Life’s April 2023 financial results! Before we get into the numbers, here’s a brief update on the month. Oops… I forgot my anniversary No, not the one that I share with my wonderful husband. I’m talking about the 3rd anniversary of my early retirement! It officially passed in March and…
Someone should call the early retirement police, because I just got a new job… sorta. Anyone familiar with this blog knows that we’ve been on a journey to financial independence for a while now, with plans to both retire before age 40. I did just that in March 2020, leaving my corporate accounting career at…
Many early retirees don’t include social security income in their retirement plans. Why? Probably because the 4% rule doesn’t use it. It’s also not available until traditional retirement age. Even so, social security income will cover a portion of your expenses in the later years. And the benefits can be significant. There may be a…
It’s hard to believe that I left my corporate accounting job over 2 years ago! Time really does fly. Here’s my early retirement update for the second year. The biggest difference between my first and second years of early retirement? I actually had more freedom! If you’ve been following our journey, you know that I…
Wasting money is bad. Wasting time is worse. If we waste money or overspend, it’s a set-back that we can recover from. Money is within our control. Although the ever-growing inequalities in our society make this more difficult for some, there’s usually a way to earn more money. Additionally, we can cut back our spending…
After celebrating the achievement of Lean FI/RE a couple months ago, it finally dawned on us that we are just months away from reaching Financial Independence and should probably start planning for what we’ll do once we actually get there. The Fioneers recently wrote a great post about creating their 5 year plan, which inspired…
How do you find purpose after leaving a successful career for early retirement? This is a question I struggled with a lot during my first year of retirement. If you’re planning to retire early, it’s one that you’ll have to answer for yourself as well. It’s also a question that I don’t see talked about…
Has it really already been a year since I quit my corporate accounting job?! The first year of early retirement was definitely not what I expected. How could I expect that a global pandemic would coincide with my retirement and immediately quash my new-found freedom?! Nonetheless, I feel blessed to spend this time at home…
Let’s start with the fact that this post, as I had envisioned it, was supposed to be a 6-month update… That’s just one of the many things I had pictured for my first few months of early retirement which have not gone as planned. Then again, I don’t think this year has gone as anyone…