Family, children, and travel. The simple things in my head that made me consider the idea of working towards financial independence at an early age. The idea of retirement is pretty simple to me- getting to the point where I no longer need to work a mandatory job to cover our family’s expenses (ever again). Will we continue to be active and productive after we complete our mandatory employment? Sure. Idleness in not the end goal, choice is. I enjoy my current employment and lifestyle, but there are certainly a few tweaks I would make if money was of no concern.
Have you ever considered becoming financially independent at an early age? What would be a good target? 30, 40, 50? Have you ever stopped to consider what it would be like if you never had to work for an income again? Any changes you would make? I would love to have a little more time in my days. The primary motivations for me are: time with my family, financial simplicity, and a lifestyle of minimal environmental impact. Joe Dominguez and Vicki Robin have been writing about this type of financial lifestyle for over thirty years since the original publication of Your Money or Your Life in 1992. Continue reading Are you planning to retire early? Extremely Early? Our Plan.