From Femme Cents…
“I’ve noticed there seems to be a rift in the personal finance world when it comes to the idea of early retirement.
You have one camp that is pursuing early retirement with gusto and saving and sharing their plans, and then you have the camp that is somewhat cynical about early retirement.
To out myself, I think I used to be in the latter category. It is not because I did’t believe people can retire early, but because it did’t seem to me like the people who claim to be ‘retired early’ were really retired. I do believe they may be financially independent, but truly retired?
Many of these people left work to raise children, or write books, or volunteer, or pursue passive investment business ventures. Ask any stay-at-home parent and they will tell you they work very, very hard. And ask a full-time author if they don’t work… they would tell you that they also work very hard indeed. I knew other stay-at-home parents who did not consider themselves retired so what was different between them and the early retirees? Is the distinction simply that those who call themselves ‘retired’ have more money in their bank account to fall back on?”