Avoid Daily Market Watching and Anticipate Downturns

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Avoid the habit of watching the market daily as it can lead to unnecessary excitement or anxiety, especially after starting to withdraw funds. Consider keeping dry powder or retaining some money for investment purposes during downturns. Anticipate market downturns and be prepared by continuing to invest or setting aside money specifically for investments.

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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