Semi-retired for 2 Decades | Bob Clyatt

Fire Drill

What are you planning to retire to? Bob has been semi-retired for two decades, and tells us his story of working his tail off and retiring at the age of 42 and immersing himself in art. We talk about how he feels watching his co-workers becoming successful, the importance of giving meaning to your life and market volatility. You'll love his story. We also chat about... How Bob reached FI Doing sculpture once he retired Watching your coworkers be retired The underlying need to make a difference What he feels about the market Enjoy this chat with Bob, and please subscribe to us in iTunes if you enjoyed it! Show notes and links from today's episode Bob's Blog: Work Less Live More Bob's email: [e-mail] Bob's sculpture: Clyatt Sculpture Book: Work Less Live More Blog: Think Save Retire Key takeaways from our chat with Bob 1 - Would you feel remorse if your coworkers became successful and you were at FI? Bob gives us something to think about that you may not have even occurred to you; how will you feel when you see your coworkers getting on with life? Of course, the first year you will feel immense freedom from the rat race. But what about after that? Bob also says it might be harder to have a social life, since everyone else is working. He tells us that it's important to have something to retire to. So you know what you'll be doing after you reach FI. 2 - We all have this need to make a difference Continuing on from the last point, quitting your job means you won't be making a difference in the traditional way. If that's important to you then it's good to be conscious about it. How will you make a difference once you're FIRE? As Bob says, it's the semi-retirees who take on the social and cultural questions, and reaching FI gives you exactly that opportunity. 3 - Art is better when you have a cushion Bob does not regret taking the high paid job path and working his tail off until 42. He knows that it's very hard to earn a living while creating art, and in fact he can enjoy it more when he knows he is financially stable and isn't depending on it for an income. Questions? Like or dislike? Leave us a comment! Want to support the podcast? Here are three things you can do. 1. Start tracking your net worth with Personal Capital using our link. It's free. 2. Subscribe to our YouTube Channel and get one extra LIVE episode from us per week. 3. Join our Facebook group and connect with other members of the FI community.