This is a guest post by Dave, who is also looking to retire no later than 45, but unlike Tim has no kids and doesn’t want any. Dave is from Ontario and is working towards his CGA certification.
I read a lot of information online and books everyday. Most of my focus is on personal finance and fitness. Over the past year, I have read quite a bit about achieving optimal fitness levels, gaining muscle mass and increasing the probability that I will live a longer life – with my later years hopefully not being spent crippled somewhere. From my reading, I am currently following a fitness regimen that seems contrary to getting into or staying in any sort of physical condition.
I am currently working out once per week, for a total of about 15 minutes. I’ve been doing this for the past 3 or 4 months and have noticed nothing but strength gains. From an efficiency standpoint, the workout can’t be beaten. The effects noticed (very unscientifically) follow what I’ve read – lifting heavy things (basically as much weight as I can for as long as I can) every 7 to 10 days allows the body to heal and grow muscles. This method is far from the conventional lifting I was doing previously, which was a 3-day split, with a couple of days of cardio mixed in. I seem to be in the same kind of shape I have been for the past 5 years, and I can spend less time being sweaty and tired.
I used to do fairly intense workouts (and still do about once every month or so, though more for fun now) like most people, but this new style of working out works for me.
Similarly, my financial plan works for me. I would like to be financially independent, I would like this to happen by the time I’m 45. Ideally, I’d like to retire at this point and spend my time doing what I want to do. Every once in awhile I read a blog post about anti-early retirement and it seems like the writers think that people who are attempting to achieve this goal haven’t really thought it out all that well.
My wife and I have had extensive discussions about what we’re giving up now spending wise, while we’re accumulating assets. We’re also well aware of how our spending may need to change in retirement if our investments all of a sudden tank, we may even have to go back to work. Thus far, we haven’t really felt deprived of anything and are carrying on as we had planned almost 5 years ago now.
I guess my point is, when I read stuff like this it makes me grumpy. Everyone’s plans seem ridiculous from the outside, whether it’s some sort of weird fitness thing, or not working after age 45.