This will catch some heat from many in the personal finance world, but here it goes! The early retirement blog movement is a big mistake. To many early retirement blogs are spreading the wrong message. The message that should be spreading is to achieve financial independence!
Financial Independence Rocks
Having the freedom to choose what to do with your day is the ultimate. This is what America is all about rock, flag, and eagle baby! This site is all for finding ways to achieve financial independence. The early retirement blog movement on the other hand is all about working for a short period of time, optimizing everything in your life, and then retiring as early as possible. This often means retiring as early as 30 years old!
Why would you want to “retire” at 30 years old! Have we all really become that lazy? Or maybe we all truly hate what it is we do for a living. Maybe it is because those who can retire at 30 had to sacrifice and grind for so long that they believe the grass will be greener once they are no longer working. Whatever the reason I think the early retirement blog movement is harmful. I find it hard to believe that these people who are retiring this early will be happy 30 years down the road. Instead financial independence is what we should strive to achieve. Once obtained we can shift our energy towards something we care more about in life.
What is it about human nature that makes us feel like once we have the bare necessities covered we should pump the brakes? In the personal finance world, it is comments like “I will only work another four years and then retire early.” Or, “I will save a million dollars and live off 40K a year into perpetuity”. This is insane! Stop limiting yourself, instead rewire your thinking. Figure out how you will get away from thinking that you need to sit in a rocking chair for the next 60 years. Start discovering why you are on this earth and then pursue it.
If you are lucky enough to have talent, opportunity, and fortune come together to retire at a very early age, give back. Retirement is nothing I envy, I envy those who live a full and passionate life. When leaders like Elon Musk sell a company why do they not retreat off into the tropics to rest on the beach for the rest of their lives? They understand that they have more to offer! So do so many of the people in the early retirement blog community, yet they choose to leave the workforce.
Find something you love and are great at then continue working after you achieve financial independence. These people will make the difference in the end and be remembered. Be the change you want to see in the world. If collecting your dividend checks and being left alone is what you want out of life no one can tell you different. My hope is that most people in the early retirement blog community are searching for more and will pivot after reaching financial independence and continue to add amazing value to the world.
What Are Your Thoughts?
- Do you want to retire early?
- If money were no object would you work at all?
- Do you think those retiring early today will regret it?