this post was submitted on 10 Jul 2023
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Antiwork/Work Reform

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A community for those who want to end work, are curious about ending work, want to get the most out of a work-free life, want more information on anti-work ideas and want personal help with their own jobs/work-related struggles.

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Date Created: June 15, 2023

Date Updated: July 17, 2023

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The Anti-Work Library 📚
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Start here! These are probably the most talked-about essays on the topic.

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[–] [email protected] 3 points 1 year ago (1 children)

I don't mind. I got very lucky. Your results will vary.

For the book length version, read Your Money or Your Life. Alternatively, You Need A Budget would also suffice.

I should also point out that when I took a long break, I still worked for money, but I got to choose what I did and I went periods of months doing almost nothing. I don't want to oversell what retirement meant to me.

The ingredients were these:

  • high-pay/low-time jobs (software development consultant and trainer)
  • geographical flexibility: no fixed office, but instead I traveled to visit clients and conferences
  • downsized living expenses: left Toronto and moved to the middle of nowhere, which was riskier when high-speed internet was just becoming available
  • wife had compatible ideas and goals regarding money, so almost no big arguments about what to do
  • few family ties to keep us in one place: we noticed that after we moved away, when we visited family, the visits meant much more than weekly Sunday dinner
  • found high-leverage income streams (closer to "passive") that fit our temperament and provided background profits to pay for essential living expenses

I got lucky along the way, finding a business partner with whom I worked for about five years and who found us a very lucrative contract that put the whole plan on fast-forward. Even so, I found him by attending conferences, talking to people, organizing my own, and mostly being open to whatever came my way. When we are consumed with day-to-day survival, it's easy not to take those kinds of risks.

I don't know how well this overall strategy works in today's economic conditions. Some of the principles, I think, still apply, but I genuinely don't know how lucky I really got to go as far as I did by age 35. (We left Toronto when I was 33 and that alone sped up the results a lot.)

Read the books, if you haven't already. Good luck.

[–] [email protected] 1 points 1 year ago

The key moment happened when we asked ourselves a key question: what are three things we absolutely want and are willing to be flexible about everything else? We spent about a month agreeing on that list. Once we had that, we had a clear plan for how to give ourselves the best chance at earlier retirement episodes more often.