Financial freedom doesn’t mean starting over at the beach starting at 30. Fact 2 FIRE devotees say it’s a bad plan.


  • Brandon, who retired at age 34, and Daniella Flores, who re-evaluated their early retirement plans, are both members of the FIRE movement.
  • They say quitting a job isn’t enough motivation to achieve in retirement.
  • They tell you to have a clear purpose in order to be happier. Even if it’s a different type of work.

“Early retirement” may sound like a 30-something or 40-year-old lounging at the beach all day, but it really isn’t.

“The beach is only fun when you contrast the hard work with the beach. ~ no Brandon, who retired six years ago at the age of 34, told Insider:

And that’s not going to stop you from quitting your job. He said it’s common in the financial independence/early retirement movement to meet people who simply hate their jobs and are looking for a way out.

Brandon, who uses only his first name online, says that when he meets these people, he doesn’t hesitate to talk to them and ask them what they want to do, rather than just run away. at. Retired he is now a host Mad Fientist Financial Independent Podcast They focus on creative projects like writing and releasing their own albums.

“You have to do the big stuff later,” Brandon said. “People who pursue FIRE are clearly long-term planners and hard-working people. At that time, I think it would be really difficult if there was nothing to do.”

Financial independence doesn’t have to mean you won’t work

Daniella Flores reflected a similar sentiment. After she had been immersed in the FIRE community for a few years, she saw her curves due to the pronoun Flores, who used the pronoun, and reevaluated her goals. She dreams of an unrestricted life from 9 to 5 o’clock.

For them, financial independence means doing what they love, not what they have to do. After establishing 12 income streams, including a sideline consultant who helps others do the same, they plan to leave full-time jobs in IT to focus on a side job.

Flores said in an interview with Insider that many people believe they are preventing them from paving the way out of the traditional workforce because it’s not what their peers do, and they believe they’re under pressure to work safely.

“Don’t let anyone tell you that the way you make money isn’t a ‘real job’. If you’re making money, it’s a real job,” they said. “You can do what you love without having to retire from work and save millions of dollars. Start with something that sparks your curiosity.”

Flores said it’s important to do what you believe in, or to spark creativity or “light a fire within you.” “If we continue to study and build on how to lateralize semi-passive and passive income streams, those efforts will compound in ways we never imagined,” they added.

Daniela Flores in the kitchen with a laptop smiling

Daniella Flores leaves the company to work full-time as a side job.

Courtesy of Daniela Flores


Converting to income after retirement is much easier.

There is an added bonus for planning some type of work after retirement. A cushion that facilitates landing.

If you’re maintaining a source of income after retirement, Brandon says, “You can tell if your withdrawal ratio is 4% versus 3.5% or 4.5%.”

And it’s a good idea to plan to get back from work for a while, even if you need some time. “If things get a little tighter or the market crashes and you’re a little worried, it’s 30, 40 or 50. And you can go find a job,” Brandon added. “And even if that’s the minimum wage, it will take a lot of pressure off your portfolio and make it unnecessary to sell in a downturn.”

Similarly, Flores told Insider that he had little to no FIRE funding of $2 million, which he hoped to be able to raise before retiring. “I’ve saved and invested a little over $200,000, but I’m going to quit my job for business and have a passive income source to help cover my living expenses,” he said.

Brandon also has his own passive income source. In addition to his blog and podcast Mad Fientist, he created a credit card search tool a few years ago that still brings passive income. Six years have passed since his retirement and he hasn’t had to touch his portfolio yet.

He said it’s important to find what “intrinsically motivates” you. “You don’t have to get up on the alarm and you don’t have to earn that salary to pay the bills,” he said. “If there’s nothing really exciting that makes you want to do it, vacations are only fun for a while.”

Leave a Comment