My Retirement Plan - I plan on working until Jesus calls me home. Here are some of my reasons why I don't want to ever retire. It is primary based on Genesis 1:28 and Genesis 2:15 because this was before the fall of man. One of the purposes of man is to work. I found a job that I thoroughly enjoy. Even my other jobs in the past, that I have done where not that great, I knew it was work and man was created to work. Now, I will have a "retire" portfolio meaning, I'm not going to do the traditional way of retirement. This "retirement" plan isn't the cheapest and in many ways it is the more expensive way of doing it in terms of taxes, but I rather have flexibility in my late 30s and 40s than waiting until I'm 65 years old. I will work my current job until the portfolio is at least 75% paying my expenses, which is going to be a good ten years or so. (I like my overnight job, I will only want to work overnights, from here on out, if I decide to quit my current job before my ten years is up).
Another reason why I don't plan on retiring is because when people retired early (in their 30s and 40s), they eventually went back to work. Because they were board out of their minds. And some of them went into depression after spending their 20s working 60 plus hours (usually two jobs), then finally "Made it" and figure that retiring this early is really not that worth it. Many of them do more long term passion projects, which I might end up doing when I reach my portfolio goal.
So, I'm doing the low cost method of being "financially free" by cutting everything out of the budget and just don't do much spending. I don't even have internet at my apartment anymore, it is cheaper for me to go to McDonald's pay the coffee and sit their for several hours doing stuff, once or twice a week. Meaning my "internet bill" would be under $10 a month. I do keep track of how much I'm spending so that I won't even come close to paying what I was paying for my internet, which it was over $40/month.
Thanks! For Reading my Blog! - Terence Shane Kruger Jr.
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This is a blog that is about living a simple Jesus Center life. This blog will be a personal blog of Terence Shane Kruger Jr. and I will be talking about different things on this blog. I will post stuff weekly either on Friday or Saturday every week.