My Wife Retired Early!!! | MHFI 212

Carl chats with Doug and his wife Elizabeth who recently left her career and retired early.  Elizabeth discusses her introduction to Financial Independence and some of the skepticism she initially had while also walking through some of the specifics about actually leaving her job (making the decision, having a solid financial plan in place, and describing her last day at work).  She goes on to share insights on adjusting to retirement, staying mentally active, societal perceptions of retiring early, the importance of finding joy outside work, and the importance of having a purpose post-retirement.

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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**

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0:00 Introduction

1:58 Discovering FIRE

7:48 Good financial habits, tools, & practices

13:19 FIRE skepticism

18:49 Overcoming uncertainty & leaving work

23:34 Debate on the 4% rule

29:41 Working again after retirement

36:23 Pulling the trigger to actually quit

43:51 Single point of success

49:44 Last day of work & what happens next

54:48 Retirement worries

1:00:38 Telling friends & family about retirement

1:08:48 FI events & the perfect day

1:16:27 Soundcheck – Envelopes