Elizabeth Ayoola
๐ค SpeakerAppearances Over Time
Podcast Appearances
So we want to know, since you guys are long-term planners and thinking about the future, I love that.
What are your thoughts around retirement?
How much do you have saved so far?
And then what are your goals?
You guys are so financially savvy.
I love to hear it.
Well, one thing I want to bring up that comes to mind that you could potentially do, Claire, you guys are financially savvy.
So I'm going to assume that you've heard about FIRE, Financial Independence, Retire Early, have you?
So is that something you guys have thought about or discussed?
I don't think we've, or I personally haven't engaged with FIRE specifically, but I'm familiar with the concept.
So it's essentially financial independence, retire early, and there are different types of fire.
But for you guys' situation, what comes to mind for me is potentially doing barista fire.
And that is when you semi-retire.
So you save enough, whereas you can semi-retire and then you take a part-time job so that you're not doing maybe your demanding career job.
And that way you guys have more time to spend on the beach together and get lunch and Netflix and chill while you're still earning enough money to do things like cover healthcare expenses and also fund fun money.
And I know health care can be a big thing when you retire early since you wouldn't be eligible for Medicare yet if you do that before the age of 65.
But if you semi-retire, you can still get those health care benefits while also having some freedom.
That's right.
That's right.
I dog sit.