Comments on: How Active Income in Retirement Impacts When You Can Retire: Part 1

By: Zach @ Four Pillar Freedom

Zach @ Four Pillar Freedom — Fri, 23 Feb 2018 13:58:26 +0000

In reply to Paul Sharp. Completely agree, Paul!

By: Paul Sharp

Paul Sharp — Thu, 22 Feb 2018 07:59:47 +0000

Retirement is the most desperate period of life in a way that finances getting shorter while expenses getting bigger. That’s why it will be a wise strategy that you manage to create some active income resources at this stage. This will enable you to retire early and enjoy the life before getting too old to travel.

By: Zach @ Four Pillar Freedom

Zach @ Four Pillar Freedom — Sun, 11 Feb 2018 15:09:29 +0000

In reply to Dave @ Married with Money. Best of luck on your BaristaFI approach, Dave!

By: Zach @ Four Pillar Freedom

Zach @ Four Pillar Freedom — Sun, 11 Feb 2018 15:07:33 +0000

In reply to Steveark. You probably could have left your day job sooner, but it sounds like you enjoyed it so much that quitting wouldn't have raised your happiness substantially. Congrats on saving well over 25x your expenses :)

By: Zach @ Four Pillar Freedom

Zach @ Four Pillar Freedom — Sun, 11 Feb 2018 15:01:27 +0000

In reply to Cubert. Thanks, Cubert! That's great to hear you have rental investments to generate some cash flow for you in retirement. That will make a huge difference. Despite Tim Ferriss receiving plenty of hate for his Four Hour Workweek book, I think he has added actual value to people's lives through his two most recent books Tools of Titans and Tribe of Mentors. Perhaps it's because he is already financially independent that he can focus on writing books for enjoyment rather than for the monetary benefits. I'd recommend checking them out if you haven't already :)

By: Cubert

Cubert — Fri, 09 Feb 2018 12:30:45 +0000

Brilliant, Zach! Maybe because I can imagine writing the same exact thing. 🙂
Passive income is a game changer. We were fortunate to dip our toes into real estate rental investment back when the market was still in recovery mode. In early retirement, I can count on rents to keep our cash flow in good health.
There’s other options, like inventing bogus supplements to market to idiots, like Mr. Ferriss, or you could write a book about it that seems to sell like hotcakes all on its own (yeah, I own a copy.)

By: Steveark

Steveark — Thu, 08 Feb 2018 03:50:37 +0000

I saved well over 25x and still decided to work a 16 hour week(not a 4) after I early retired because 16 hours feels right when it comes to keeping me happy. I didn’t use it to accelerate my FIRE date, in fact I worked way past FIRE because I was having too much fun to quit. I just do it because I still get to enjoy the fun parts of my old 9 to 5 world but instead of a five or six day work week I now have a five or six day weekend every week! But sitting here with a zero withdrawal rate I do sometimes ponder if I should have gone FIRE ten or fifteen years earlier? Using your very sound reasoning I probably could have safely done that.

By: How Active Income in Retirement Impacts When You Can Retire: Part 1 – Four Pillar Freedom – Travel Inspire Connect

Thu, 08 Feb 2018 00:32:36 +0000

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By: DocG

DocG — Wed, 07 Feb 2018 19:52:52 +0000

I am a few years past FI but continue to work. I just am careful about what I choose to do. It’s the best way.

By: Devin Crosby

Devin Crosby — Wed, 07 Feb 2018 15:09:34 +0000

I look forward to the other parts of this post. I’m interested in pursuing “Coast FIRE”.