1334: Lack of Intrinsic Motivation Will Destroy Your Early Retirement by Jacob Lund Fisker of Early Retirement Extreme

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4.5 • 1.3K Ratings

🗓️ 3 November 2020

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jacob Lund Fisker of Early Retirement Extreme warns us of the risks of not having intrinsic motivation. Episode 1334: Lack of Intrinsic Motivation Will Destroy Your Early Retirement by Jacob Lund Fisker of Early Retirement Extreme Jacob Lund Fisker was a nuclear astrophysicist who retired at 33 with what he believes to be enough savings to last the rest of his life — even if he never works again. His "claim to fame" is the Early Retirement Extreme site, which is effectively a philosophy of life. ERE is a set of values and principles that gives readers the freedom and opportunity to live an exciting and interesting life. The original post is located here: http://earlyretirementextreme.com/lack-of-intrinsic-motivation.html Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Interested in advertising on the show? Visit https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is optimal finance daily episode 1334.
0:04.4	The lack of intrinsic motivation will destroy your early retirement
0:09.3	by Jacob Lunfisker of Early Retirement Extreme.com.
0:14.2	And I'm your host and personal finance enthusiast,
0:17.2	Diana Mariam.
0:18.7	This is the show where I read to you
0:20.6	and to myself, frankly, from some of the best personal finance blogs on the planet.
0:26.1	If you're listening in real time in the U.S. happy election day.
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0:47.2	Just enter your email address at old podcast.com to join.
0:51.5	But for now, let's get right to today's post and start optimizing your life.
0:56.0	Lack of intrinsic motivation will destroy your early retirement.
1:04.4	By Jacob Lundfisker of Early Retirement Extreme.com.
1:08.4	I submit that intrinsic motivation is hugely important for a successful early retirement.
1:16.1	If you have somehow lost your intrinsic motivation, retiring early may lead to a boring if not directly miserable life.
1:24.0	What is intrinsic motivation?
1:26.0	There are essentially four cognitive processes.
1:30.0	Motivation, willpower, thinking, and feeling.
	...

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