Lacey Filipich sheds light on the concept of achieving financial independence and embracing mini-retirements as a means to enjoy a time-rich life.
She challenges the traditional idea of end-of-life retirement and introduces an innovative approach to living a fulfilling and enriching life.
Rethinking the concept of retirement
The traditional notion of retirement, conceived in the 1880s, may not be the most effective way to enjoy a time-rich life.
The speaker challenges this perspective and introduces the idea of mini-retirements – taking small breaks throughout life to enjoy the feeling of being time rich in one’s youth.
Achieving mini-retirements
Two approaches to achieving mini-retirements are suggested: building an online business that allows for time off, or embracing the concept of financial independence and retiring early (FIRE).
Both methods require strategic planning and a commitment to saving and investing.
The power of financial independence
Financial independence can be achieved by living below one’s means, saving diligently, and investing in assets.
This approach can lead to early retirement and the freedom to choose how to spend one’s time, whether it’s working on passion projects or taking mini-retirements.
