How to Maintain Emergency Funds

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"I have always believed in maintaining emergency funds. And, you know, so we have a pool of money that basically equates to six months of expenses," he says. "We don't have to change our normal strategy of our operating account and ... liquidate something for anything but an outrageously high expense."

Retiring early is a dream for many but the decision to leave the workplace early can impact us in ways we may not have predicted. In this episode, we discuss the first year of Jason's early retirement and Eric shares his own concerns as he approaches FI. For many, work provides a sense of purpose and identity, as well as validation, utility, not to mention financial security. What happens when that no longer exists? What takes its place? How does it impact your personal relationships and your personal sense of accomplishment? Much of the discussion about financial independence, retire early (FIRE) focuses on saving and investing, in this conversation we unpack what it means to leave work behind and fully embrace this life-changing transition. Join us for this conversation about life after FI.

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