Early Retirement (ER) – What it means to you?

I have set a goal of 12 yrs of being financially independent (FI) and Early Retirement (ER), but, what it means to me: Does it mean retiring and sipping tea in the back yard 🙂 Perhaps once in a while 😉 I am going to write some of my thoughts about becoming FI and its importance to me.

Being FI means following to me:

  • Able to spend and enjoy more time with family, relatives, kids and friends who mean so much to me.
  • Bring better balance and equilibrium in personal life. Increase my participation in the kids activities be at school, games, or education.
  • Freedom to be able to pursue other entrepreneurial activities, create new businesses and innovative solutions for the good of mankind.
  • Be able to participate in Charitable causes that mean a lot to me and community services. Even though, we are the richest nation in the world and still kids go hungry breaks my heart. so, hopefully, FI would allow me to devote more time to these noble causes.
  • Able to travel to various beautiful parts of world in Europe, Asia, Latin America, and others, explore their rich culture and take a long road trip in all states of US and world.

Dividend Mantra said succinctly: FI is about Choice. Yes, it is about choice my friends!

You can have choices in the life that can enrich life and touch someone’s life hopefully 🙂

What does Financial Independence (FI) and Early Retirement (ER) mean to you?

Thanks for reading.

8 thoughts on “Early Retirement (ER) – What it means to you?

  1. Hi PIM,

    Great goal, my goal is to retire in 10 years with the income from Dividend. I started my finance freedom journey in July 2011 with very little money and with more than $60000 debts. I am doing very great now. Good luck!!

    Happy investing

    1. Hi Arun,

      Thanks for stopping by! very much appreciated.

      Great to know that you are doing fantastic! I stopped by your blog and saw you have projected dividend income of more than $3000. Congratulations! Keep up the good work.

      I have added you in my blog roll!

      Best wishes.

  2. PIM,

    Thanks for the very kind mention.

    I obviously couldn’t agree more. Choice is everything. How anyone could not want to have choice in their life is beyond me. Everyone is focusing on owning a big house, nice car, and lots of stuff, and not on owning their own time. If you don’t own your own time then you lack choice. You’re forced to go into the office even when you don’t want to. Your life is under someone else’s control. That, for me, is unacceptable over the long haul. I put up with it now, but not for much longer.

    Best wishes!

    1. Jason,

      Thanks for stopping by! It is great to hear from you who wrote about personal “Choice” that is afforded as a result of being FI. Appreciate it very much.

      Keep up the good work!

      Best wishes.

  3. PIM,

    ER means a lot to me also. ER will empower me to enjoy my life, travel to wonderful places on earth, cruise vacations, sports activities and help folks in need. You started an excellent topic!

    Keep going!

    1. Kathy,

      Thanks for stopping by! I am glad you liked this topic.

      That’s awesome!! Those are great meaning of ER to you and sure for me 🙂 Hopefully, in another 9 yrs, I will be financially independent (FI).

      Happy ER!

  4. FI has a different meaning for everybody because we are all unique. As for me I simply want to enjoy more time outdoors (camping, skiing, walks, etc.), don’t want to live my life by an alarm clock, and don’t want to move anymore (I’m in the military). Perhaps 5-10 years down the road I could consider other options beyond full time employment. Part of me wants to go for a full blown retirement while my salary is decent… Tough call…

    I like your blog!

    1. CI,

      Thanks for stopping by! and your great service to country. Its an ultimate honor for anyone.

      Those are great purposes for becoming FI and it allows to do what you like to do and when you want to do.

      Best wishes,

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