Exploring the unexpected challenges faced by individuals after retiring early, this chapter emphasizes the importance of personal preparation alongside financial readiness for financial independence. Discussions include the impact of work identity, lack of socialization, the concept of financial independence without complete retirement, and finding purpose and fulfillment post-retirement through meaningful goals and choices.
Imagine hitting your FI number, retiring early, and discovering you hate it? In this episode we discuss four examples of such an outcome: from quitting the perfect job and regretting it, to feelings of depression and lack of purpose. Some are unable to find motivation without financial incentives, while others realize they haven't budgeted enough to do things they enjoy in life.
This is part 2 of our How NOT to FI/RE series for part 1 and the PRE FI/RE examples, be sure to check out that video here: https://youtu.be/Jb438jvebd0
The full text of each of the Reddit posts we discussed is posted in the show notes at: https://twosidesoffi.com/how-not-to-fire-2