When you work for a living it is important to live within your means. Every budget and finance tool available will scream at you if spending exceeds income.
In retirement, it is also important to live within your means. But your means is no longer tied to income. In fact, there is zero relationship between income and spending when you are living off assets.
2022 was our first full year back in the United States, which means we were fully in the crosshairs of the 3 US tax systems: Federal, State, and ACA.
One might think this would result in a large tax burden. But no.
Although the incentives have certainly changed.
The California Coast is nice
Every year I write a summary of our life and expenses, with the exception of last year / 2021 (because apparently I forgot.)
2022 was our 10th full year of unconventional living – we traveled some (Hawaii, California coast, Yosemite, Tahoe Thanksgiving, Disneyland), Winnie grew a ton of food and flowers, I built some stuff out of wood, and we went snowboarding often throughout this epic/record snow season. I also experimented with income generation (didn’t like it), home maintenance (renting is still better), and public speaking.
Expenses were what they were… a bit more than planned, but that is how these things go sometimes.
On January 21, 2023, at a regional TedX event, I discussed the simple and repeatable steps we took to enable our early retirement.
That short speech is now live on the TedX Talks YouTube channel, linked below for easy viewing.
If you enjoy it, please share and like/comment on the YouTube channel.
Thank you
Jeremy
“Hi Jeremy, you haven’t posted anything for awhile, everything OK? How’s the family?”
We are good! Wow, time flies by… I guess it has been awhile since I have been on the computer. Holy cow it is April!
We have been really busy… because I am Retiring from Retirement.
