This post below by David Cain is probably the best thing I’ve ever read about retirement. More accurately, it’s about people who are retiring much earlier than “normal” (45, or 40 or even 30) It’s long (for a blog post) but worth a read. A few excerpts:
“Those of us with jobs have arranged to sell off large parts of our lives (8 hours a day, 5 days a week, for decades) to employers, in exchange for money that we can use to build a life that makes us happy.”
“When you compare the amount of happiness we actually derive from our unnecessary spending habits to the amount of happiness that can be derived from years of paid-for freedom (not to mention a clear and secure financial position the whole way there), most of those consumer habits come to appear glaringly absurd.”
“Would you rather have five all-expenses-paid years off to spend with your family, learn a language or build a business — or drive a big car instead of a small car?”
“Common Western fallacy: that for you to be as happy as you currently are, you need to spend as much as you currently do.”