From working life to FIRE life in 3 steps: Follow the ‘Cashing Out’ couple’s road map to early retirement

United States News News

From working life to FIRE life in 3 steps: Follow the ‘Cashing Out’ couple’s road map to early retirement
United States Latest News,United States Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 97%

The only thing hard work guarantees you is more work, but here’s the good news: You do not need to wait until your golden years to enjoy a lifestyle that isn’t dependent on work.

A couple of months ago, our five-year-old son was relieved to find out that he could have two best friends. For weeks he’d been stuck in an innocent adolescent triangle where both kids wanted him to be their exclusive bestie. They would pull his arms at the playground and he would come home agonizing about which one to pick. We told him he didn’t have to, and the moment he actually believed us, he was thrilled.

1. Cashing out is a viable alternative to retirement We all tell ourselves stories about money, but the story of the “ideal retirement” has persisted for decades, despite the fact that the number of people working past retirement age has consistently grown since the 1990s. For most people, the idealized concept of retirement is a deal between you, your employer, and the federal government.

2. The myth of meritocracy hurts everyone It only takes a few years of working in an office to realize that meritocracy is a noble lie that we are paid to believe. We know the only thing hard work guarantees you is more work. It’s OK to take pride in our work ethic, but it becomes problematic when we make it our identity and continue to push past the limits of our physical and mental health.

Think about it this way: Every time you get rid of a debt, you essentially increase the amount of surplus cash you have. Doing so early and often during your working years is like giving yourself a raise. Imagine no longer waiting for someone to decide you’re worthy of more money. That mindset shift alone does more for self-empowerment than most run-of-the-mill employee development programs ever could.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Con Fire officially merges with East Contra Costa Fire Protection DistrictCon Fire officially merges with East Contra Costa Fire Protection DistrictThe much-anticipated consolidation of the Contra Costa County Fire Protection District (Con Fire) and the East Contra Costa Fire Protection District becomes official Friday.
Read more »

Fire at Vallejo auto repair yard fire could have been far worse, investigators sayFire at Vallejo auto repair yard fire could have been far worse, investigators sayCustomers and insurance agencies on Friday were adding up the damage and destruction from a flash fire that consumed a Vallejo repair shop and storage lot. The blaze sent clouds of smoke into the sky and was seen for miles.
Read more »

Portions of fire-scarred Big Basin Redwoods State Park will reopen this monthPortions of fire-scarred Big Basin Redwoods State Park will reopen this monthTwo years after the CZU Lightning Complex fire, 'the forest is starting to recover and it's amazing to witness.' Limited access returns July 22.
Read more »



Render Time: 2025-02-22 12:25:34