The Biggest Early Retirement Myth
As a retiree at 28, I’ve discovered that early retirement doesn’t require you to be a genius or have an incredibly unique skill set. And it can be achieved without you becoming an emotionless robot.
Too many experts assume people can follow robotically rigid instructions forever, then act surprised when hurdles derail folks from their beautiful, elegant plan.
In short, these traditional plans aren’t built for real life’s messiness.
My own experience has proven that showing up every day is what counts. I have made plenty of mistakes along the way (which you will read about in the blog). Luckily, incremental improvement – the Money Habit – is a more powerful force than any human foible, and it has saved me every time.
Applied consistently, a Money Habit that creates steady, incremental improvement trumps everything else. It created $2 million of savings for me by the time I was 28, and it can help you achieve incredibly early retirement, too.
A Better Game Plan
If you haven’t been seeing the acceleration in your financial life that you hoped for, you are probably reading from the wrong playbook. Stop spending your strength unwisely. An effective money plan involves building a system of automation and habits that does robotic work for you, leaving you free to be the human being that you are. A good money plan will:
- Address psychological distortions that tempt us to spend wastefully rather than ignore them
- Automate stuff so it doesn’t drain our limited energy
- Create fail-safes that will absorb and correct for our inevitable human mistakes
This blog aims to build that kind of playbook. It will take effort, but you are guaranteed to see results. We cover new strategies and frameworks to introduce into your life every week, strategies that acknowledge that you are human and are built to succeed not just despite your humanity but because of it.
How To Get The Most From This Site
- Check out the new techniques described each week. Implement the ones on offer that make sense for your life.
- Ask questions and share your own wisdom in the comments. Everyone makes better choices when they’re not thinking in a vacuum. Use the community. The more engaged you are, the more you build your own momentum and improve your own results. Don’t just be a lurker. Do you think lurkers see the most successful results?
- Automate everything you can. For example, you can get the new tools and frameworks on offer automatically by subscribing for new updates:
If you do this – engage regularly with other thoughtful people, show up every week, and make regular, steady improvements – I guarantee you will have huge results.
Ready to get started? Below are some of my popular posts.
Most Popular Posts
The Four Step Blueprint to Retirement – The single most popular post on the blog, this covers the four variables that drive your retirement timeline and talks about what order you need to tackle them in for the fastest progress.
The Two Metrics You Must Track To Do Well Financially– I walk through what numbers I track in my life and the (free) tools I use to do it.
What Percent Are You? – Find out what percentile you rank in income.
Teardown: How Much Do You Need To Retire? – Part of the Teardown series. My definitive post on how to calculate how much you need to retire. It talks through the research backing the assumptions I recommend for your calculation and walks you through three scenarios that will help you triangulate to your Goal Number.
Teardown: How to Build an Airtight Retirement Budget – The companion to the piece above. If you find the idea of how to calculate your whole future life overwhelming, this will walk you through it step by step.
What It’s Like Being Retired: A Week In The Life – Includes an hour by hour calendar of an actual week in the retired life.
Life As Art: Less Is More – One of the bigger happiness boosts I’ve gotten since retiring and how to apply it in working life.
How Overblown Details Are Fleecing You of Cash – One of my absolutely favorite posts. This explains almost 100% of my regretted purchases.
How to Retire in a High Cost of Living Area – Some of the ways I save while living in NYC.
ABP: The Secret To Not Wanting Fancy Things – Picked up by Lifehacker and Rockstar Finance. The one technique that will kill your desire for fancy things and make you money in the bargain.
Netting 30% Pay Increases and High Paying Jobs – Concrete ideas to net yourself the highest pay raises and the best jobs.
Several Thousand Dollars A Year: My Favorite High Reward, Low Activation Energy Side Jobs – The best side hustles which require very little ramp-up cost.
Teardown: The Only Two Ways To Grow Your Money – A high level way to approach all your investing choices.
Everything You Wanted To Know About 401ks – From how to read a prospectus to what criteria to use to choose a mutual fund.
The Ultimate Guide To Understanding Bonds – Understand this and you will know more about bonds than 99% of the population.
Mortgage or All Cash For a House? – Why I think everyone should have a mortgage on their house in this environment, even if they can afford not to.