2831: Tossing Early Retirement and Trading Money for Time by A Purple Life on Financial Independence

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🗓️ 15 August 2024

⏱️ 8 minutes

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Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2831: A Purple Life shares a thought-provoking story about her mother's decision to return to work after retiring early, highlighting the value of time over money. She emphasizes the importance of enjoying life now rather than sacrificing precious time for future financial gains, advocating for a balanced approach to living fully without unnecessary luxury. Read along with the original article(s) here: https://apurplelife.com/2017/04/29/tossing-early-retirement-and-trading-money-for-time/ Quotes to ponder: "Our most important resource is time. It’s finite unlike money." "I personally choose time." "Reflecting on this time with her a year later she says, 'Yeah - I don’t know what I was thinking!!'" Episode references: Mr. Money Mustache blog: https://www.mrmoneymustache.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is optimal finance daily, tossing early retirement and trading money for time.
0:06.0	Buy a purple life of a purple life.com.
0:10.0	And I'm your host and personal finance enthusiast Diana Merriam.
0:14.0	Let's get right to it and continue optimizing your life.
0:18.0	Tossing early retirement and trading money for time by a purple life of a purple life.com
0:29.0	I received a bit of a shock last week. My mom is applying to jobs. She's been retired for two years
0:36.5	and left Corporate America at 55 after working 30 years in jobs she hated. I was more shocked to discover she'd been keeping this for
0:45.2	me for a while. That was the saddest part. She thought I would yell at her. I
0:49.2	didn't. My mom has always loved lavish vacations. We recently talked about what our
0:56.0	ideal day would be. Hers revolved around being served and just doing nothing and
1:01.4	relaxing on a beach.
1:03.0	I asked if that's something she would get sick of eventually, and she said no.
1:07.0	My ideal day involved waking up, becoming inspired, and being able to go wherever my heart takes me.
1:14.1	On a spontaneous road trip to see all of the national parks in America, to the coast to
1:19.0	frolic in the ocean, on a flight across the country to see my friend just because I feel like it.
1:24.0	I want that freedom.
1:26.0	My mom wants luxury, and understandably that luxury isn't cheap.
1:32.0	She originally worked an extra year to save for a few lavish vacations that we've just finished including Thailand with family.
1:40.0	I didn't agree with that either, but it's her life.
1:42.0	What she seems to look forward to the most I didn't agree with that either, but it's her life.
1:43.2	What she seems to look forward to the most is luxury vacations,
1:47.1	and she had a few planned for the next couple of years.
	...

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