Redefining Retirement with Financial Independence

Society defines retirement as that time where we can quit our 9-5 job at the good age of 62, 65 or 67.  We then can sit around on our front porch swings drinking coffee all day or hitting a few balls on the golf course.  It is time for us to change that definition.  We need to stop using the word retirement and talk about FI (Financial Independence)  We even need to drop the phrase “retire early”.

 

I have many friends, colleagues and family tell me that they can’t wait until they retire.  When I ask why, the answer varies, but mostly so they can quit working.  It isn’t often explained with what they really want out of life or hope to do in their “retirement years”.  Instead it is about what they want to quit right now.

 

So why wait?  Why not pursue your passions now?  That’s right…bills, kids, debt, responsibility.  We need money to take care of these things.  Yet, why don’t we start thinking about it differently?  Why don’t we start building wealth so that when we reach the point of having enough, we can pursue other passions or interests without the stress of where the next paycheck will come.

Why Financial Independence is different…

Financial independence means you have enough wealth to live on without working.  Wealth can be the pile of cash you have stored up or else assets that you can then draw from to help pay for the lifestyle you choose.  It is different from retirement.

  1. First of all, financial independence can happen at any time. There is no magical age one must reach. It comes down to the choices we make and how and when we decide we want to become FI. It is your choices in life that will lead you to a path of financial independence.  You may choose to invest your money in mutual funds or you may choose to build an empire in real estate or even choose to start your business.

 

  1. Financial independence does not mean you quit anything. It is simply a state of being.  You have made it to a point where you are independent from that steady paycheck.  But you can still choose to stay in your career path. It is simply the math behind the scenes.  No one will throw you a party when you are Financially Independent ( except yourself).

We can change the future…

I want my children to think differently about their future.  I want them to have control and know that their path is based on their own decisions.  If we as a society could start talking about this differently, it gives them permission to think about it from a whole new perspective.

I am changing the way that I talk about it with my children because I want them to learn more about building wealth instead of just earning a paycheck. I don’t want to continue asking, “what do you want to be when you grow up?”  Instead, I want to ask “What do you want to do in life and how can we get you there?”

Stop Saying Retirement…Speak in Financial Indepenedence.

Retirement Definition

143 comments

  1. Great post! I totally agree with this sentiment and even had been thinking that the ‘RE’ in FIRE needed to be dropped for more mass appeal. I was never on board with FIRE but I am on board with Financial Independence. Also, so many people who are retired in their 30’s still do work of some kind so the FIRE term doesn’t really apply anyways. It just gives more reasons for people to complain about it and miss teh point entirely.

  2. Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point.
    You obviously know what youre talking about, why waste
    your intelligence on just posting videos to your weblog when you could
    be giving us something informative to read?
    disposable face mask recently posted…disposable face maskMy Profile

  3. Very nice post. I just stumbled upon your weblog and wanted
    to say that I’ve truly enjoyed surfing around your blog posts.
    In any case I will be subscribing to your feed and I hope you write again very soon!
    Procedure Mask recently posted…Procedure MaskMy Profile

  4. Hi there this is kind of of off topic but I was wondering if blogs use WYSIWYG editors or if you have to manually code with HTML.

    I’m starting a blog soon but have no coding experience so I wanted to get advice from someone with experience.
    Any help would be greatly appreciated!
    maseczki medyczne recently posted…maseczki medyczneMy Profile

  5. Today, I went to the beachfront with my kids. I found a sea shell and gave it to my 4 year
    old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell to her ear
    and screamed. There was a hermit crab inside and it pinched her ear.
    She never wants to go back! LoL I know this is totally
    off topic but I had to tell someone!
    hit movie recently posted…hit movieMy Profile

  6. Hmm it seems like your blog ate my first comment (it was super long) so I guess I’ll just sum it up what I had written and say, I’m thoroughly enjoying your blog.
    I as well am an aspiring blog blogger but I’m still new to
    everything. Do you have any recommendations for inexperienced blog writers?

    I’d definitely appreciate it.
    poker online recently posted…poker onlineMy Profile

  7. I have been browsing online more than three hours today, yet I never
    found any interesting article like yours. It is pretty worth enough for me.
    Personally, if all site owners and bloggers made good content as you did, the web
    will be a lot more useful than ever before.
    best affiliate programs recently posted…best affiliate programsMy Profile

  8. Hello I am so excited I found your website, I really
    found you by mistake, while I was looking on Google for something else, Nonetheless I am here now and would just
    like to say many thanks for a fantastic post and a all round entertaining blog (I also love the theme/design), I don’t have
    time to browse it all at the minute but I have saved it
    and also added in your RSS feeds, so when I have time I will be back to
    read more, Please do keep up the awesome jo.
    sbobet online indonesia recently posted…sbobet online indonesiaMy Profile

  9. When someone writes an piece of writing he/she maintains the plan of a user in his/her mind that how
    a user can be aware of it. So that’s why this article is amazing.
    Thanks!
    agen sbobet recently posted…agen sbobetMy Profile

  10. Thanks for some other great post. Where else may just anybody get that type of info in such a perfect manner of writing?
    I have a presentation subsequent week, and I am at the search for such information.
    cassbet.com recently posted…cassbet.comMy Profile

  11. Hi there all, here every person is sharing these kinds of knowledge, so it’s good to read this webpage, and I
    used to pay a quick visit this web site everyday.
    caz79.com recently posted…caz79.comMy Profile

  12. Its like you read my mind! You seem to know a lot about this, like
    you wrote the book in it or something. I think that you could
    do with some pics to drive the message home a bit, but instead of that,
    this is fantastic blog. A great read. I will definitely be back.
    bokep janda muda recently posted…bokep janda mudaMy Profile

  13. A Korean-style having fun card game comparable to a lowball.
    It’s type of a online poker game.
    Unlike the majority of casino poker video games in which have complicated genealogy containing 10 grades and also make a decision the
    final five out of five to seven phases, Baduki makes
    use of a totally various ancestry system than the existing one.

    Nevertheless, given that 4 cards are utilized to determine the outcome of the game, Baduki frequently faces
    comparable or identical family tree.
    1234king.com recently posted…1234king.comMy Profile

  14. My coder is trying to convince me to move to .net from PHP.
    I have always disliked the idea because of the expenses.
    But he’s tryiong none the less. I’ve been using WordPress on a number of websites for about a year and am anxious about switching to another
    platform. I have heard great things about blogengine.net.
    Is there a way I can transfer all my wordpress
    content into it? Any help would be greatly appreciated!
    poettv4.webs.com
    poettv4.webs.com recently posted…poettv4.webs.comMy Profile

  15. My brother suggested I would possibly like this website.
    He was once totally right. This publish actually made my day.
    You can not consider just how so much time I had spent for this info!

    Thank you! http://www.harvestemple.org/index.php?option=com_k2&view=itemlist&task=user&id=241025
    http://www.harvestemple.org/index.php?option=com_k2&view=itemlist&task=user&id=241025 recently posted…http://www.harvestemple.org/index.php?option=com_k2&view=itemlist&task=user&id=241025My Profile

  16. Good day! I know this is kinda off topic but I’d
    figured I’d ask. Would you be interested in trading links or maybe guest authoring a blog post or vice-versa?
    My website goes over a lot of the same subjects as yours and I think we could greatly benefit from each other.

    If you are interested feel free to send me an email. I look forward
    to hearing from you! Great blog by the way! web.sfusd.edu
    web.sfusd.edu recently posted…web.sfusd.eduMy Profile

  17. “Baduki” is very straightforward, yet you can quickly see that
    a few rounds are actually very tough. You might misunderstand that it is extremely simple due
    to the fact that there is another card than the Western five-game low card, but the reality that the pattern must be all various makes the problem rise.

    https://1234king.com
    클로버바둑이 recently posted…클로버바둑이My Profile

  18. Hey there! I understand this is kind of off-topic however
    I needed to ask. Does building a well-established website like
    yours require a lot of work? I am completely new to blogging
    but I do write in my diary everyday. I’d like to start a blog so I can easily share my personal experience
    and thoughts online. Please let me know if you have any ideas or tips
    for brand new aspiring blog owners. Thankyou!
    totowide.com recently posted…totowide.comMy Profile

  19. Greetings from Idaho! I’m bored to tears at work so I decided to browse your blog on my iphone during
    lunch break. I really like the info you provide here and can’t wait
    to take a look when I get home. I’m surprised at how quick your blog
    loaded on my mobile .. I’m not even using WIFI, just 3G ..
    Anyways, good blog! motogpdb.racing
    motogpdb.racing recently posted…motogpdb.racingMy Profile

  20. Terrific post however I was wanting to know if you could write
    a litte more on this subject? I’d be very grateful if you could
    elaborate a little bit more. Thanks!
    2sba recently posted…2sbaMy Profile

  21. Awesome blog! Do you have any tips for aspiring writers?

    I’m planning to start my own blog soon but I’m a little lost on everything.

    Would you advise starting with a free platform like
    Wordpress or go for a paid option? There are so many options out there that I’m completely overwhelmed ..
    Any tips? Appreciate it!
    더킹카지노 recently posted…더킹카지노My Profile

  22. I got this site from my friend who informed me concerning this site and now this time I am visiting this website and reading
    very informative articles here.
    g recently posted…gMy Profile

  23. If some one wants expert view on the topic of blogging and site-building then i advise him/her to pay a visit this blog, Keep up the nice job.
    g recently posted…gMy Profile

  24. I do believe all of the ideas you’ve offered for
    your post. They are really convincing and will definitely work.
    Still, the posts are too brief for starters.
    Could you please lengthen them a bit from next time? Thanks for the post.
    movie recently posted…movieMy Profile

  25. Good information. Lucky me I came across your blog by accident
    (stumbleupon). I’ve book-marked it for later!
    g recently posted…gMy Profile

  26. Greetings! I know this is kinda off topic however I’d figured I’d ask.
    Would you be interested in trading links or maybe guest authoring a blog article or vice-versa?
    My blog addresses a lot of the same topics as yours
    and I believe we could greatly benefit from each other. If you’re interested feel
    free to send me an email. I look forward to hearing from you!

    Excellent blog by the way!
    movie150 recently posted…movie150My Profile

  27. Simply want to say your article is as surprising.

    The clearness for your submit is simply spectacular and that
    i could suppose you are a professional on this subject. Fine along with your permission allow me to clutch your RSS feed to stay updated with approaching post.
    Thank you one million and please continue the rewarding work.
    More Bonuses recently posted…More BonusesMy Profile

  28. This design is incredible! You obviously know how to keep a
    reader entertained. Between your wit and your videos, I was almost
    moved to start my own blog (well, almost…HaHa!) Great job.
    I really enjoyed what you had to say, and more than that,
    how you presented it. Too cool!
    g recently posted…gMy Profile

  29. Aw, this was an incredibly good post. Finding the time and actual effort to create
    a top notch article… but what can I say… I put things off a whole lot
    and never seem to get anything done.
    Get Source recently posted…Get SourceMy Profile

  30. Greetings I am so glad I found your site, I really found you by accident,
    while I was researching on Bing for something else,
    Anyhow I am here now and would just like to say kudos for a tremendous post
    and a all round thrilling blog (I also love the theme/design), I don’t have time to browse it all at
    the moment but I have book-marked it and also included your RSS feeds, so when I have time I will be back to read much more, Please do keep up
    the great work.
    Info recently posted…InfoMy Profile

  31. Interesting blog! Is your theme custom made or did you download it from somewhere?
    A theme like yours with a few simple adjustements would really make my blog jump out.
    Please let me know where you got your theme. Kudos
    enquiry recently posted…enquiryMy Profile

  32. Please let me know if you’re looking for a writer
    for your site. You have some really good posts and I feel I would be a
    good asset. If you ever want to take some of the load off, I’d really like to write
    some material for your blog in exchange for a link back to mine.
    Please blast me an email if interested. Kudos!
    top article recently posted…top articleMy Profile

  33. Hey there! I just wish to offer you a huge thumbs
    up for your great information you have got here on this post.
    I’ll be coming back to your web site for more soon.
    2sba recently posted…2sbaMy Profile

  34. Great goods from you, man. I have be aware your stuff prior to and you are just extremely
    fantastic. I actually like what you have acquired here, really like what you are saying and the way in which through which you say it.
    You are making it enjoyable and you still care for to stay it smart.
    I can not wait to learn much more from you.
    That is really a tremendous site. forums.ppsspp.org
    forums.ppsspp.org recently posted…forums.ppsspp.orgMy Profile

  35. I have to thank you for the efforts you have put in writing this website.

    I am hoping to check out the same high-grade content from you in the future as
    well. In fact, your creative writing abilities has encouraged me to get my own, personal blog
    now 😉
    g you recently posted…g youMy Profile

  36. Great web site you have got here.. It’s difficult to find
    high-quality writing like yours nowadays. I honestly appreciate people like you!
    Take care!!
    our g recently posted…our gMy Profile

  37. Greetings! Quick question that’s completely off topic.
    Do you know how to make your site mobile friendly? My site looks weird when browsing from my iphone 4.
    I’m trying to find a theme or plugin that might be able to correct this
    problem. If you have any suggestions, please share.
    Thanks!
    g her recently posted…g herMy Profile

  38. I believe this is among the such a lot important information for
    me. And i’m glad reading your article. However should commentary on few common issues, The
    site style is wonderful, the articles is in point of fact
    excellent : D. Just right task, cheers

    my homepage – Nancy
    Nancy recently posted…NancyMy Profile

  39. Good way of explaining, and fastidious article to take facts on the topic of
    my presentation topic, which i am going to convey
    in university.
    out g recently posted…out gMy Profile

  40. Hi there just wanted to give you a quick heads up and let you
    know a few of the images aren’t loading correctly. I’m not sure why but I think its a linking issue.
    I’ve tried it in two different internet browsers and both show the same outcome.
    g rsacwgxy recently posted…g rsacwgxyMy Profile

  41. Thank you a bunch for sharing this with all people you actually recognise what you are talking
    about! Bookmarked. Kindly additionally seek advice from my site =).
    We may have a hyperlink trade arrangement among us
    2sba recently posted…2sbaMy Profile

  42. Hello! Quick question that’s entirely off topic. Do you know
    howw to make your site mobile friendly? My weeb site looks weird when browsing ffrom my
    apple iphone. I’m trying to find a theme or plugin that
    might be able to correct this issue. If you have any suggestions, please share.
    Many thanks!

    My site uv light disinfection (http://www.gamecangbaoge.com/home.php?mod=space&uid=54353&do=profile&from=space)
    http://www.gamecangbaoge.com/home.php?mod=space&uid=54353&do=profile&from=space recently posted…http://www.gamecangbaoge.com/home.php?mod=space&uid=54353&do=profile&from=spaceMy Profile

  43. Hi there I am so happy I found your site, I really found you by accident, while I was looking on Digg for something else,
    Regardless I am here now and would just like to say thanks a lot for a incredible post and a all round interesting blog (I also love the theme/design), I don’t have
    time to read it all at the minute but I have book-marked it and
    also added your RSS feeds, so when I have time I will be back to read more, Please do keep up the great jo.
    http://tinyurl.com/yd4maelc recently posted…http://tinyurl.com/yd4maelcMy Profile

  44. We are a group of volunteers and starting a new scheme in our community.

    Your web site offered us with valuable information to work on.
    You’ve done a formidable job and our entire community will be grateful to you.
    tinyurl.com recently posted…tinyurl.comMy Profile

  45. This design is wicked! You definitely know how to keep a reader amused.

    Between your wit and your videos, I was almost moved to start my
    own blog (well, almost…HaHa!) Great job. I really
    enjoyed what you had to say, and more than that, how
    you presented it. Too cool!
    https://www.myvinstitute.org/forums/users/christalmatias1/edit/?updated=true/users/christalmatias1 recently posted…https://www.myvinstitute.org/forums/users/christalmatias1/edit/?updated=true/users/christalmatias1My Profile

  46. Hi, i feel that i noticed you visited my site so i got
    here to go back the favor?.I am trying to in finding issues to enhance my
    site!I assume its adequate to use some of your concepts!!
    tinyurl.com recently posted…tinyurl.comMy Profile

  47. I am really enjoying the theme/design of your blog. Do you ever run into any web browser
    compatibility issues? A small number of my blog audience have complained about my website
    not operating correctly in Explorer but looks great in Safari.
    Do you have any tips to help fix this issue? unsplash.com
    unsplash.com recently posted…unsplash.comMy Profile

  48. you are in point of fact a just right webmaster. The website loading velocity
    is incredible. It seems that you’re doing any distinctive trick.

    In addition, The contents are masterwork. you’ve performed a fantastic task in this matter!
    Adele recently posted…AdeleMy Profile

  49. An impressive share! I’ve just forwarded this onto a friend wwho had been conducting a little research on this.
    And he in fact ordered me breakfast because I discovered it for him…

    lol. So allow me tto reword this…. Thank YOU for the meal!!
    But yeah, thanx for spending time to talk about this matter here
    onn your blog.

    my web-site … uvv light sterilization (Angela)
    Angela recently posted…AngelaMy Profile

  50. I’ve been browsing on-line greater than 3 hours today,
    yet I never found any fascinating article like yours. It
    is lovely price enough for me. In my view, if all site owners
    and bloggers made excellent content material as you did, the net
    will be a lot more helpful than ever before.
    tabletten FüR haarwuchs recently posted…tabletten FüR haarwuchsMy Profile

  51. When I initially commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get several e-mails with the same comment.

    Is there any way you can remove people from that service?
    Thanks!
    haarausfall pille recently posted…haarausfall pilleMy Profile

  52. When I initially left a comment I seem to have clicked the -Notify me when new comments are added- checkbox and now whenever
    a comment is added I receive 4 emails with the exact same comment.
    Perhaps there is a way you are able to remove me from that service?

    Cheers!
    Haarwuchs Tabletten recently posted…Haarwuchs TablettenMy Profile

  53. I have to thank yyou for the efforts you’ve put in penning this blog.
    I really hope to check out the same high-gradecontent from you
    later on as well. In fact, your creative writing abilities hhas inspired
    me to gett myy ownn blkog now 😉

    My webpage … uvvc leds (https://www.flowersonline.it/index.php/component/k2/itemlist/user/404901)
    https://www.flowersonline.it/index.php/component/k2/itemlist/user/404901 recently posted…https://www.flowersonline.it/index.php/component/k2/itemlist/user/404901My Profile

  54. My broyher suggested I might lije this blog. He was entirely right.
    Thiss post truly maee my day. You can not imagine just how much time
    I had spent ffor this information! Thanks!

    my blog … uvc light
    uvc light recently posted…uvc lightMy Profile

  55. After I initially commented I seem to have clicked the -Notify me when new comments are added-
    checkbox and from now on whenever a coment is added I receive four
    emails with the exact same comment. There has to be an easy method you are able
    to remokve me from that service? Cheers!

    Here is my web-site; uv lamp (Alberto)
    Alberto recently posted…AlbertoMy Profile

  56. Greetings from Florida! I’m bored to death at work so I decided
    to check out your site on my iphone during lunch break.
    I really like the knowledge you provide here and can’t wait to take a look when I get
    home. I’m shocked at how quick your blog loaded on my cell phone ..
    I’m not even using WIFI, just 3G .. Anyhow, amazing site!
    Laura recently posted…LauraMy Profile

  57. Hello! I’m at work surfing around your blog from my new apple
    iphone! Just wanted to say I love reading through your blog
    and look forward to all your posts! Carry on the great work!
    Jillian recently posted…JillianMy Profile

  58. What i do not realize is in truth how you
    are not really much more smartly-liked than you may be right
    now. You are so intelligent. You already know therefore significantly relating to this topic, produced me for my part imagine it
    from numerous numerous angles. Its like women and men don’t seem to be
    interested unless it’s one thing to accomplish with Girl gaga!

    Your own stuffs great. All the time take care of it
    up!
    Hollie recently posted…HollieMy Profile

Leave a Reply

Your email address will not be published. Required fields are marked *

CommentLuv badge