Recently I’ve been having doubts about taking early retirement. What I’ve found particularly interesting is that since becoming financially independent back in July 2016 I just haven’t had the same level of hunger for it. In the past few weeks I’ve been really trying to figure out why. I definitely knew there was an element of institutionalisation in there but it was more than that. There was also fear and plenty of it.
Fear of leaving a career that has plenty of negatives but also plenty of positives. Fear of the unknown. Fear of losing purpose. Fear we’re making a mistake. Fear of not having enough. Fear of our move to the Mediterranean being a mistake and us returning with our tail between our legs. Fear of...
Then I had my aha moment. I was out on one of my regular lengthy walks but this time instead of walking past a cemetery I had passed dozens of times previously something urged me in. Initially I just walked around the gravestones reading the epitaphs and what hit me was just how many of the graves were for people younger than I am. It was a really emotional and surreal experience. I then sat on a bench to quietly clear my mind. In doing that what came to me was the below chart from an epic thread on the Mr Money Mustache forum – Stop worrying about the 4% rule.
Click to enlarge
At that moment I realised that I should not be fearful of the fears I listed above but fearful of not getting to find out if any of them were true. That afternoon Mrs RIT and I had a long talk.
The next week I handed in my resignation. It is time for the next stage of our journey.