Early Retirement through Financial Independence
Take away: Early retirement is possible.
Action step: Don’t fall victim to what life throws at you, take action.
Money Learnings: Cuberts parents divorced when he was 7. He grew up in a blue collar middle class family and learned that money didn’t grow on trees.
Cubert is an early retirement seeker who blogs over at www.AbandonedCubicle.com. He and his family (wife, “Mrs. Cubert”, and a boy and girl age 5) reside in Minneapolis, Minnesota. Cubert plans to retire early in 2019 at the ripe young age of 46, to spend more time with his family, and on projects he has a passion for (such as real estate property management, personal finance blogging, and life coaching). Travel, cycling, and minimalist living are passions for this aspiring retiree.
Highlights from this episode:
- The story behind Cubert.
- How is Cubert raising his kids with money.
- Keeping spending down in important areas including housing an cars.
- Cubert started his journey to FIRE in 2014 after his kids where born and work took over his life.
- The benefits of turning down a promotion.
- Sometimes you don’t know the outcomes of your choices for 20 years.
- Retiring early may not be the answer.
- The benefits of having a routine.
- A new word besides retirement for life after work.
- What we miss when we stop working.
- Track your spending!
- Be clear and intentional in your values.
- What’s enough for you?
- Build your personal life skills.
- Financial Independence is just one step in life.
- My age takes the excitement out of fixing houses. (Wow that’s an excuse!)
- The reality of rental real estate and the different paths.
- The cost of health care in early retirement.
- The value of relationships.
- What’s important in life and what isn’t.
Thanks for listening!
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Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.
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This was really helpful, thanks for sharing.