If you earned $10,000 a year at a part time job, which is perfectly reasonable to assume, right? You could replace $250,000 of a retirement portfolio at a 4% withdrawal rate. So if that model works for you, it's super cool. Definitely not judging that idea. It's just not something that was appealing to me. And there's all kinds of hybrid models here, right? Yeah, you could set up a barista model for the first four years or five years and set some hard limits on it. And maybe that's enough to get you to a certain place.
Has your shrinking retirement portfolio left you considering part-time work to ease your anxiety? Inspired by a blog post from Go Curry Cracker, we discuss BaristaFIRE, time freedom, what it means to be "unemployable", and what work we might consider post-retirement. Be sure to see the links below for the show notes and to the blog post referenced in the video.
Show notes: https://twosidesoffi.com/failing
GCC post: https://www.gocurrycracker.com/failing-at-early-retirement/