Steven

But when you hear people talk about how do you save money, it's like, oh, well, stop going to Starbucks. You can pack your own lunch to work. It doesn't make that much of a difference. It's those big four things.

I think those are what you are most likely to end up regretting.

I think those are what you are most likely to end up regretting.

There are a lot of people in the FIRE movement. FIRE stands for Financial Independence Retire Early. It's this big movement started 10 or 15 years ago of people who are like, I'm going to save as much money as I can in my 20s, learn how to live as cheaply and frugally as I can, and retire at age 27 with $600,000 in the bank. And I'm going to retire off of that. And it was a huge movement.

There are a lot of people in the FIRE movement. FIRE stands for Financial Independence Retire Early. It's this big movement started 10 or 15 years ago of people who are like, I'm going to save as much money as I can in my 20s, learn how to live as cheaply and frugally as I can, and retire at age 27 with $600,000 in the bank. And I'm going to retire off of that. And it was a huge movement.

So many of those people ended up regretting it because they retired at 27. And six months later, they were bored out of their mind, if not depressed. Because they wake up and they're like, what do I do now? Do I just go play golf or something? All my friends are out working. What do I do now? And so I think the extreme ends of like, oh, YOLO. I'm just going to spend all – like live for today.

So many of those people ended up regretting it because they retired at 27. And six months later, they were bored out of their mind, if not depressed. Because they wake up and they're like, what do I do now? Do I just go play golf or something? All my friends are out working. What do I do now? And so I think the extreme ends of like, oh, YOLO. I'm just going to spend all – like live for today.

I'm going to spend it all. I'm going to go party and travel and whatnot. There's somewhat of a chance that you're going to end up regretting that because you didn't save enough for a time in your life when you want to retire and you can't.

I'm going to spend it all. I'm going to go party and travel and whatnot. There's somewhat of a chance that you're going to end up regretting that because you didn't save enough for a time in your life when you want to retire and you can't.

My dad, I think, retired and went back to work three different times. We eventually had to tell him, no more retirement parties. You only get one. But he would retire. And then a month later, he'd be like, man, I really miss work. And in his line of work, he could go back. He could go back part time and whatnot. So it worked out for him.

My dad, I think, retired and went back to work three different times. We eventually had to tell him, no more retirement parties. You only get one. But he would retire. And then a month later, he'd be like, man, I really miss work. And in his line of work, he could go back. He could go back part time and whatnot. So it worked out for him.

But I think he starkly saw what a lot of people overlook, which is how much of his identity was his job. And how much – like when he retired the first time and he like woke up and looked in the mirror and said, I'm not the person who I used to be. I used to be a this, but I'm not anymore. And he didn't like it.

But I think he starkly saw what a lot of people overlook, which is how much of his identity was his job. And how much – like when he retired the first time and he like woke up and looked in the mirror and said, I'm not the person who I used to be. I used to be a this, but I'm not anymore. And he didn't like it.

And I was like, it's easy – like look, every job has downsides that are stressful and you don't want to do them. And they're a pain and you hate them. And you can't wait to live a world where you don't have to do the stressful parts of your job. But –

And I was like, it's easy – like look, every job has downsides that are stressful and you don't want to do them. And they're a pain and you hate them. And you can't wait to live a world where you don't have to do the stressful parts of your job. But –

For a lot of us, like what we really want to do in our soul is like be productive in the world and add value to the world, add value for our family, add value to the world. And one of the quickest ways to become depressed is to be very productive and then immediately stop. That's a quick path to depression for a lot of people. And so some people are very good at retirement.

For a lot of us, like what we really want to do in our soul is like be productive in the world and add value to the world, add value for our family, add value to the world. And one of the quickest ways to become depressed is to be very productive and then immediately stop. That's a quick path to depression for a lot of people. And so some people are very good at retirement.

My mom, on the other hand, was very good at retirement. She retired, never looked back, and has a very full life in retirement. She keeps herself very busy with hobbies and friends and whatnot. So some people are very good at it. Other people who found their identity in their work, that's a lot of people. That's me. I think that's probably you, would go crazy if we ended up retiring.

My mom, on the other hand, was very good at retirement. She retired, never looked back, and has a very full life in retirement. She keeps herself very busy with hobbies and friends and whatnot. So some people are very good at it. Other people who found their identity in their work, that's a lot of people. That's me. I think that's probably you, would go crazy if we ended up retiring.

Oh, I would say my own book. No, I think a couple that were really important for me, you know, it's not bedtime reading, but a guy named Benjamin Graham wrote a book called The Intelligent Investor. He wrote it in the 1930s. So it is written in 1930s English, and he was a professor. So it's written, it's not quite a textbook, but it's not bedtime reading.