Considering early retirement but wondering what early retirees do all day?

Here, we share a rundown of our typical day after over 1300 days in early retirement. As we are semi-nomadic, we have typical days at our home base and typical days while adventure-traveling.

In transitioning from our previous lives as W2 employees into early retirement, we, weren’t sure what our new lives would cost. To budgeting in the right ways, we’ve been able to manage budget creep and still travel internationally for more than six months per year.

We’re early retirees who implemented 72(t) SEPPs as part of our early retirement income stream. In this blog, we highlight why we think early retirees underutilize the 72(t) SEPP as an income source, and share how to set up 72(t) SEPPs if it’s the right choice for you.

May 31, 2020, was my last day of work after a 20+ year career in the agriculture industry. Wow, the last three years have flown by, and much has changed! Not many people write about “life after FI,” especially the RE (retire early) portion. So, the three-year mark is a great time to reflect on the journey.

In this article, we cover how to document your Roth contributions and Roth conversions to make your CPA (or tax software) happy when it comes time to withdraw conversions or contributions in your 40s and 50s. While you could always “track it on a spreadsheet,” you may want to have more more official documentation, or to validate your spreadsheet with official documentation of the IRS.

As financially independent early retirees, we considered cancelling our term life insurance last year, thinking it’d be nice to save a few hundred dollars per year on the premiums. However, we decided to keep our term life insurance after thinking through a few financial scenarios, which we discuss in this blog.

In 2021, we sold our “million-dollar home” in a high cost of living (HCOL) area of the US and traded up to a $50,000 Great Plains home in a very low cost of living (VLCOL) area of the US.

What if you step away from W2 employment before the traditional retirement age of 65? If you temporarily or permanently leaving the W2 life—either for a sabbatical, to pursue self-employment, or through early retirement—you’ll need to purchase health insurance.