Why I’m Beginning My Retirement Today… In My Thirties


I’m a firm believer in a gradual or phased retirement. We’ve all heard the advice: “Start saving for your retirement now, and hopefully by the time you’re 60 or 65, you’ll have built up enough of a nest egg to quit working.”

It almost seems as if we’re being told to just grind it out for 30 years, all in the hopes that you can actually enjoy the 30 years after that. Is that what life’s really about?

I have two kids under the age of three. Do I really want to wait until they’re 30 to be able to enjoy spending time with them? The reality is that by then, they’ll have their own lives and possibly, families of their own. That just doesn’t sit well with me.

That’s why I’ve worked to set myself up in a way that allows me to start cutting back now, and begin enjoying a little bit more of life. Life itself is unpredictable; just look online and you’ll see that tragedies are occurring more and more frequently with each passing day. My fellow physicians, life is short. Are we spending it living only for the future, or can we start enjoying it now? Surely a better balance exists.

Now, I don’t necessarily advocate quitting your day job just to enjoy the present. On the contrary; I enjoy being a doctor and I hope I can continue working in some capacity for a very long time.

Here’s a simple chart of what this might look like:

How is this possible? Well, it works if you can exchange some of your current daily income with passive income. As this income grows, you can, in a sense, begin your retirement now. Through my different ventures and depending on the month, a good chunk of my expenses are covered entirely by passive income.

Sure, there will be unexpected things that come up and I know there are some huge expenses headed my way (newsflash: putting your kids through school is expensive!). But hopefully, the streams of passive income I’ve set up will take the edge off some of those expenses.

I realize doing this for yourself can be a real test of willpower. It feels quite unnatural because as physicians, we’re used to working up to the breaking point. We consider idle time wasted, and if we give up a shift or case, we focus only on the money we could have made if we had worked.

We tend to forget what we gain in return: time spent with family and time to recharge our batteries. You can’t put a price on these things. Seeing the joy on my daughter’s face as we play in the pool – that’s the kind of thing I’ll remember when I’m older, not the shift I gave up last week.

We tend to forget what we gain in return…

There are many articles out there that examine the top regrets of the dying. Almost universally, people’s biggest regrets are working too hard, and they wish they had spent more time with their loved ones. Not a single person regretted not having more money, a better car, or a bigger house. That’s a powerful lesson, and it’s one that I want to learn and live by.

This idea of “early” retirement is obviously not something you can attempt to do without a plan. Fortunately, I have one and have been working hard to implement it.

So I’m going to give up my shift this weekend to a hungry colleague, and I’m going to begin my retirement… today.

Has anyone else begun to try this, or perhaps are considering it for yourself? Let me know your experiences; I’d love to hear them!



  1. I know this is an old post but I came here via POF, and this post particularly resonated with me as I’ve been thinking about this lately, whether I would rather go all out and reach FI asap, or pace myself a bit more and retire a little later. Reaching FI asap requires all out work, a higher FI number since retirement (if I do retire) is longer and most savings is from brute force rather than compounding. If I pace myself, I could do part-time, it’ll be more sustainable, I’ll get to enjoy life more, I actually like my job and don’t want to get out asap and I don’t know what I’d do with my free time especially when kids are in school, I may be able to take a lesser paying but preferable role, compounding will be more effective, I’ll less likely be affected by market fluctuations (most data seems to show that the longer you’re in the market the smoother and higher your returns will likely be), my FI number will be slightly less, higher percentage of savings in tax-protected accounts, income less affected by taxes. The more I think about, the more I like the idea of enjoying a little more now at the expense of earlier FI.

    • I absolutely agree with you. There’s a balance somewhere in there, and most people unfortunately never find it because they either just grind until they’re ready to retire in their 60s or work til the bone to retire early and miss out on a lot of life. I’m more focused on finding that balance, but I believe the only way to do that is by adding on additional income streams. Do you have the option to go part-time anytime soon?

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