Learn about the importance of finding purpose in your FIRE'd life, explore passion projects like woodworking and gardening, discover the value of volunteering, and embrace a more relaxed approach to retirement
Planning for how to use retirement time is crucial for a meaningful and joy-filled post-retirement life.
Volunteering in retirement provides personal fulfillment, social connection, and the opportunity to make valuable contributions to society.
Deep dives
Finding Fulfillment in Retirement
Retirement offers extra free time and the opportunity to find fulfillment beyond financial security. Planning for how to use this time is crucial to ensure a meaningful and joy-filled post-retirement life. From pursuing interests and hobbies to exploring travel and giving back through volunteering, retirement is a time to engage in passion projects that bring satisfaction and joy.
Flexibility and Adaptation in Retirement Planning
Retirement plans should allow for flexibility as interests and life situations evolve. Early retirement can mean different things to different individuals, and it is essential to consider that personal goals and desires may change over time. By remaining open to new possibilities and adjusting plans, individuals can shape a retirement that aligns with their evolving needs and aspirations.
The Benefits of Volunteering in Retirement
Volunteering offers retirees the opportunity to make valuable contributions to society while also enjoying personal fulfillment and social connection. Whether it's walking shelter dogs, engaging in environmental activities, teaching classes, or advocating for social justice, volunteering allows individuals to maintain a sense of purpose, make a difference in their communities, and build new relationships.
Much of this audiobook has focused on the path to FIRE (Financial Independence, Retire Early). So far, though, there's a crucial question we haven't asked:
"What will you do once you reach it?"
To many listeners, this might seem like a textbook definition of a champagne problem. But by asking yourself this question now, you'll arm yourself with a plan for your FIRE'd life. Perhaps just as importantly, you'll find a fount of motivation for those days on which you'd rather splurge than save.
In this chapter, Frogdancer Jones from Burning Desire for FIRE explores different potential pursuits for your FIRE'd life. She also helps you design the right FIRE lifestyle for your interests and personality. After this chapter, you'll be more FIRE'd up to reach your goal than ever before!
Would you rather let your eyes do the learning? Check out the written chapter at our blog.
Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.
If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.