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In this episode, I’m interviewing Steve Adcock (and Courtney) from Think Save Retire. Steve, is a former software developer and his wife Courtney is a soon-to-be-retired rocket scientist. Steve set a personal goal to retire at 40, but actually ended up retiring last year at the ripe age of 36 shortly after hitting the road in a 2005 Airstream. Their retirement plan involved saving and investing, focusing on retirement savings, and focusing on long term goals.
A few things we talk about in this episode:
- What the heck is early retirement and how do you achieve it
- Does early retirement meant that you don’t have to (or don’t want to) work?
- How much you need to save for early retirement
- The 4% rule and other financial nuggets of wisdom
- Fire movement and retirement age
- How YOLO (you only live once) factors into your financial freedom
Links mentioned in this episode:
Today’s episode is sponsored by:
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I found this Podcast interesting as there are many different ways to work towards early retirement which has been a main topic of discussion for me and my wife this past year. Since we have 3 kids at home, we are working on a slower pace than some, but still earlier than the norm as we want to retire in our late 40s, buy a camper, sell off the homestead and possessions once the kids are off to adulthood/college, and travel/explore the wilderness of North America.
My older brother first got me interested in the concept when he quit 5 years ago at the ripe old age of 38. He has a blog (http://www.gocurrycracker.com/) that provides insight into how he and his wife, Winnie, managed to accomplish that feat. The resource that really got me going and excited about the concept of earlier retirement that my brother introduced me to was JL Collins’s Stock Series. You can find it his blog at the following link (http://jlcollinsnh.com/) which he more recently turned into a book as well, The Simple Path to Wealth (checkout Amazon or your local library/bookstore), that I have read a few times and passed around to many.
I appreciate your interview with Steve and Courtney! It is great to hear more stories about other people’s personal journeys towards early retirement.
That’s really awesome, Daniel! Thanks for sharing those additional resources. We had never thought much about retiring early until talking to Steve and Courtney, but it’s definitely a new goal now! 🙂