The world has changed. In many ways, today, people are no longer focused on creating an abundance of financial wealth through working in an office, all hours, for all but a few weeks a year – where there only respite is planning a summer vacation. Today, people are more focused on having an emotionally rich and abundant life where they have the freedom to be, have and do all the things they desire.
Money is, of course, a vital component of freedom but people today are mostly into the notion of living life on their terms rather than a hamster on a wheel, trapped in the rat race, where they make plenty of money but in the process sacrifice the best years of their life.
Today, there’s much emphasis on something known as a “freedom lifestyle” where the idea of mini retirements (first introduced by Tim Ferriss in The Four Hour Work Week) are promoted as a better way to squeeze the most out of life than working all your life then retiring.
Indeed, people today want the freedom to enjoy the spontaneity of jumping on a flight and staying in the Zurich Marriott Hotel for a few nights, or hopping on a cruise for a couple of weeks, just because they fancy it.
See, in the “old world”, it was only at the point of retirement people would start having the time freedom to enjoy their life on their terms and pursue their plans to travel the world. In the “new world”, however, people are embracing the idea of having mini retirements throughout one’s life, whilst they’re still young and in their prime.
This article therefore encourages you to make the most of your time on earth, particularly when you are young, and consider the possibility of taking a mini retirement in order to squeeze the most out of life; so that you are working to live rather than living just to work.
WHAT EXACTLY IS A MINI RETIREMENT?
A mini retirement recognises the fact life is unpredictable and that taking some time out, now, whilst you’re still young is a great way to live a more rich and fulfilled life.
A mini retirement could, in some ways, be viewed as a gap year – the difference however, is that most people aim to put mechanisms in place to still earn money; whether this is through setting up a blog, creating an automated online business, or doing freelance work; where they earn in a strong currency such as the US dollar but live somewhere that offers a higher standard of living – meaning you get more bang for your buck.
For instance, did you know that you could rent a beautiful four bedroom house right on the ocean, with pristine water, freshly picked fruit, the most succulent seafood, and an entire staff of cleaners, cooks and drivers in a country like the Philippines or Thailand for way less than a small apartment in some parts of California!!
In summary, it’s less about making tons of money; it’s about squeezing the most out of the money you have in order to squeeze the most out of life.