I was talking to someone who said that they wanted to retire early, and they asked if I should stop going out to eat. And I said, no, don't avoid going out to eat just because you want to retire early. But at the same time, don't go out to eat for every meal, because if you do, that really will change how much longer you need to work. So in today's video, if you're watching on YouTube or podcast, if you're listening on any of the podcast

apps, I'm going to tell you five things that really do make a difference if you want to

retire early that I would consider either cutting back or scaling back on and three things that I

personally love paying for that I would not turn off. And yes, it will shift my quote unquote early retirement, but the point in life is not to retire just for the sake of it. It's to go, hey, if I do retire, now I can actually do what I want to do. And I'm not just retiring going, well, I can't really spend on what I want because I have a pet peeve many of you know this by now for those who

don't my pet peeve is when people say the following I think I can get by in

retirement spending four thousand months I mean I think I can do it I think I can go

back to like the college days where I really just lived off of eggs and peanut

butter sandwiches and I'll say I'm sure you could do it the point in in life is not to get by. How much would you love to spend? Now, yes, sometimes I'll have someone say, well, you know, I could get by on 4,000 a month, but I'd love to spend 10,000 a month. And I'll say, great, is that after taxes, meaning you walk away with $10,000, a blank check, not a blank check filled with $10,000, not that anyone

uses checks anymore, really. And they go, yeah, that's what I'm looking for. I said, great,

that might mean that you need to work five more years. And someone might reply saying, well,

I'd actually rather only work two more years. If that means I can only spend $8,000 a month, that would still be of interest because I really don't want to work five more years. I have other people, and I say the majority of people go, look, I'm going to work as long as I need to so that I can really spend that 10,000 a month because that's what I want to spend. So today, you might take an idea away that you go, you know what, that's really going to shift what I'm doing. And that's what I try to do. I try to keep these fun. I try to keep them educational, but I also want you to take action. I hope that you leave and go, wow, this is one thing that really is different. And if you do find there's one thing that really helps, please drop a comment below on sending me an email i love getting to hear from you guys so we're going to start

hopping right in this is a list that i put together and if you don't know already my

name is r e taubleep i'm a certified financial planner i'm the host of this podcast the

early retirement podcast and i am the chief growth officer here at Root Financial.

So the first one is cooking at home. Now, when people go out, so I'm going to walk you through

right now, these are the five things to consider, either cutting back entirely or scaling back on.

It does make a big difference. So I'm curious. I'm a curious person. So I looked up online, I go,

hey, what would it mean to my early retirement if I were to only eat at home? And chat cheap

tea said cooking at home can cut your food costs by 50 to 75% of the time. And so what I'll see

too many people do is go, well, that's a big deal. 50 to 75% of the time, I'm absolutely going to make everything at home.

And then what they find is they go to the grocery store and they buy things.

They otherwise would not have bought because they're hungry at the grocery store.

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