Simplify Your Way to Semi-Retirement
Unfortunately, 64 percent of Americans aren't prepared for retirement. Which isn't even that surprising, given everything from the pandemic to student debt to the fact that it's getting harder and harder to save money—even for an emergency fund, let alone retirement. But semi-retirement—leaving full-time work and the corporate world in order to work less, pursue your passions, but still earn a bit of income—may be one way to hack the system.
But even cutting back on work at all can feel like an impossible ask in today's economy (and hustle culture). What's one way to get there? Minimalism. In the words of Courtney Carver, "instead of working so hard to make ends meet, work on having fewer ends."
This quote is inspirational for many of us who are searching for financial freedom, but struggling to find it via traditional methods. What is it that we're striving so hard to achieve? Many of us want more time—time to enjoy life, maybe travel a bit, and enjoy our family and fur-babies. Rather than working your life away for things you don't truly need, why not minimize your living to maximize your life? Here's how to simplify your life in favor of semi-retirement.
The sooner you simplify by getting out of debt, earning passive income, and downsizing, the faster you can semi-retire. What would you do if you had more time and money? Maybe you've always wanted to travel or have more free hours in your week to try out new hobbies. Write down your dream life, and get started working towards it—thanks to semi-retirement.