4.6 • 4.7K Ratings
🗓️ 25 February 2019
⏱️ 4 minutes
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Last fall, there was a New York Times profile on what’s called the FIRE movement. FIRE stands for Financial Independence, Retire Early. The proponents of this movement have adopted some important Stoic principles. They believe that life is unpredictable and that working for years at a job you hate for decades to retire at 65 is a dangerous risk (what if you don’t make it to 65?). They believe that many people are on a hedonic treadmill, working long hours to pay for things they don’t want at prices they can’t afford. By living below your means, investing wisely, by learning practical skills (like changing your own oil or biking instead of driving) and radically changing your lifestyle priorities, they’ve found that it’s possible to retire as early as age 30.
That’s awesome. And should be looked at seriously by everyone who has unquestionably assumed the mantra of our consumerist, materialist society.
But still, it brings up this question: if you were suddenly able to retire much younger than expected, what should you do with your time? The point of life isn’t endless toil and labor, but one still needs purpose and meaning. One should still do something with both their freedom and this gift we call existence.
In the article, one of the FIRE “success” stories is laid out in detail:
“Speaking by phone, Mr. Long [said]...that morning, he’d woken up on his own, ‘not when an alarm clock told me that I had a responsibility.’ He’d read the news online for 30 minutes, went on a seven-mile run, took a nap, and ‘watched the ceiling fan spin around for a little bit.’
He had been watching the movies from They Shoot Pictures, Don’t They? a website that ranks what it calls the 1,000 greatest films. He’d watched 600 or so. He had work to do.”
It calls to mind one of the most withering lines from Marcus Aurelius, who wrote, “You’re afraid of death because you won’t be able to do this anymore?” Or Seneca, who joked that many criminals who pleaded to be spared from execution were basically dead already.
Financial independence is meaningless if you spend it ticking off movies from a list. Retirement is an empty goal if it means retirement from purpose. What good is a day all your own...if you spend it staring at the rotating ceiling fan? You’re basically staring at a visual metaphor for the life you said you were trying to escape from by retiring early. Around and around and around. Going fast but going nowhere. At least at a job you’re of service to your fellow colleagues. At least there is a chance you might be contributing to the common good—if only through taxes.
Success is not sitting around on your ass. Success is not checking out from reality. Success is freeing yourself from pointless obligations and petty concerns so you can really focus on what matters, so you do more and you can be better.
Life is short. Live it. Don’t waste it. Don’t waste your freedom.
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0:00.0 | Hey, prime members, you can listen to the Daily Stoke Podcast early and add free on Amazon music. Download the app today. |
0:13.6 | Welcome to the Daily Stoke. For each day, we read a short passage designed to help you cultivate the strength, insight, wisdom necessary for living the good life. |
0:23.3 | Each one of these passages is based on the 2000-year-old philosophy that has guided some of history's greatest men and women. For more, you can visit us at DailyStoic.com. |
0:36.3 | What not to do with your freedom? |
0:38.3 | Last fall, there was a New York Times profile on what's called the Fire Movement. Fire stands for Financial Independence Retire Early. |
0:48.3 | The proponents of this movement have adopted some important Stoke principles. They believe that life is unpredictable and that working for years and years at a job you hate to retire at 65 is a dangerous risk. |
1:03.3 | What if you don't make it to 65? |
1:05.3 | They believe that many people are on a hedonic treadmill, working long hours to pay for things they don't want, prices that can't afford. |
1:13.3 | By living below your means, investing wisely, by learning practical skills like changing your own oil or biking instead of driving, and radically changing their lifestyle priorities, they found that it's possible to retire as early as age 30. |
1:28.3 | That's awesome, and should be looked at seriously by everyone who has unquestionably assumed the mantras of our consumerist materialistic society. |
1:38.3 | But still, it brings up this question, if you were suddenly able to retire much younger than expected, what would you do with your time? |
1:46.3 | The point of life is an endless toil and labor, but one still needs purpose and meaning. One should still do something with both their freedom and this gift we call existence. |
1:57.3 | In the article, one of the fire's success stories is laid out in detail. Speaking by phone, Mr. Long said that morning he'd woken up on his own, not when an alarm clock told me that I had a responsibility. |
2:11.3 | He'd read the news online for 30 minutes, went on a seven mile run, took a nap, and watched the ceiling fans spin around for a little bit. |
2:20.3 | He'd been watching the movies from the shoot pictures, don't they? A website that ranks what it calls the thousand greatest films. He'd watched 600 or so. He had worked to do. |
2:32.3 | It calls to mind one of the most weithering lines from Marcus Aurelius who wrote, |
2:36.3 | you are afraid of death because you won't be able to do this anymore, or Santa Cah who joked that many criminals who pleaded to be spared from execution were basically dead already. |
2:48.3 | Financial independence is meaningless if you spend it ticking off movies from a list. Retirement is an empty goal if it means retirement from purpose. |
2:58.3 | What good is a day all your own if you spend it staring at a rotating ceiling fan? You're basically staring at a visual metaphor for the life you said you were trying to escape from by retiring early around and around and around going fast but going nowhere. |
3:16.3 | At least at a job you're of service to your fellow colleagues, at least there is a chance you might be contributing to the common good if only through taxes. |
3:26.3 | Success is not sitting around on your ass. Success is not checking out from reality. Success is freeing yourself from pointless obligations and petty concerns so you can really focus on what matters. |
3:40.3 | So you do more and you can be better. Life is short, live it, don't waste it, don't waste your freedom. |
... |
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