I am a fraud.
Why? I plan to work after I retire (early). Scandalous!
How Do You Define Retirement? Does “Work” Factor in?
If you believe any of the content in these pages, you know how much I despise cubicle life. In my opinion, escaping the cubicle is priority one. Continuing to be productive with creative pursuits is priority two.
After all, we’ve got five rental properties to manage. One might argue that I can’t possibly take care of those domiciles without stressful work involved. And sure, I’ve got a decent paycheck now, but when I retire early, that paycheck goes POOF. And this blog doesn’t earn a six-figure income yet…
Slowly and ever so cautiously I’ve left bread crumbs about my financial situation. Sometimes I’m pretty clear about the big plan, and the details behind it. But unlike many other bloggers, I won’t reveal too much about our spending, our income, and blog traffic or blog income (snore).
My post on Monday was one where I “let it all hang out”, so to speak. It’s easy enough to see that we make a good income. Now in my mid-40s, and Mrs. Cubert is over ten years into her practice, we’ve become veterans in our fields.
Making good money isn’t something to apologize for, but I’m certainly aware of how difficult it is when you’re just starting. Heck, I remember my first real, salaried job out of undergrad way back in ’95: $27,500. And my pay didn’t exactly rocket-off from there in subsequent years.
Let’s see… For the heck of it, 8% annual 401K savings on $27,500 was $2,200. I think we had a 50% employer match for the first 6%, so in total, $3,025. The kernel of the snowball…
Fraud or not, I certainly hope that some of my experiences and side hustle real estate tips resonate. Maybe YOU can save some money while you focus on the important things in life, like people and personal growth. Now THAT is a revelation.
But what if I’m leading any of you fine readers astray? What if you take the bait, and put all of your faith into some foolish scheme to retire early. And it winds up being a trap?
That last line reminds me of Admiral Ackbar’s famous quote from Return of the Jedi. After all, this early retirement stuff is a T-R-A-P TRAP! I mean, in all dead honest seriousness, what if we don’t have healthcare when we turn 75? How will we afford the medical bills, if we get attacked by wolves on the way to the garage?
Or worse, a third Death Star, this time powered by Tesla, suddenly emerges on the horizon? I should suggest that you’re better off staying put in that cubicle, to avoid medical bills and wolves…
I truly believe working after retirement is A-OK because I want to avoid idle hands syndrome. I reckon I could be skiing, snorkeling, or playing slots all day. But writing blog posts? Managing rental properties? That’s work. And I thrive on it.
I’m Not as Frugal as I Could Be
As for my frugal side, well that’s nothing to brag about lately. I’ve been really bad this week. Three coffees at the on-campus coffee shop, and one lunch (or two) from the cafeteria. Send in the clowns.
Yes. Admittedly I’ve been a bit more relaxed about little things like buying coffee at Starbucks.
*In my defense, I’m still making some well-informed “big picture” moves. The Airbnb Experiment is churning along pretty well now. I’m about 60% to the goal for first-year returns. Speaking of churning, I’m onto my second bonus point travel card of 2018. Clap clap clap!
I know I should temper my enthusiasm for persuading you all to save money. Many will claim that the world is going to hell in a hand-basket, but I remain an optimist.
I’ve shared A LOT about what has worked for us in OUR journey. I use real examples. Heck, I even share when I fall flat on my face and fail. I’ve come close enough to my 1,000 word limit for today. I’m spent.
This blog is not intended to solve all of your financial problems. I’m not trying to tell you, parents of children with special needs, or families with extenuating circumstances, that early retirement is the cure-all for YOU. It may not cure much of anything for those with money either.
Yes, there are some tips and tactics here that could help your general financial health. That’s true regardless of whether you quit employment-at-will early.
What I write about here, and what many personal finance bloggers write about there, is specifically targeted to people who have no excuses. You know, people who can but don’t, who should but won’t, who would’ve, could’ve, but still find themselves locked in a cube at 60, counting the hours until tee-time on Saturday.
So don’t worry about plans you might have to keep working after you jettison your cubicle. This whole philosophy isn’t about giving up your productivity. No. It’s truly about finding the most enjoyable ways to channel your best work, in an environment that brings you joy, and not STRESS.
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