Often times at work I have conversations with people about the desire to retire early and have more time to enjoy life. Usually the thought comes up when I am stressed out and being told what to do, when to do it, and how to do it. Although there are some people who seem to be content and enjoy the day to day grind. I think these are the people in the minority rather then the majority. There are a few excuses why people don't think they too could pursue financial independence like I am. One is the time and effort would be too much nonetheless the mounting bills adding up. Inflation for everything except the paycheck. There are a couple weak excuses also I have come across from people about FI being a negative. Here are two of them and sometimes I think jealousy is at the heart of these claims.
1) What are you going to do just sit around and do nothing all day? Like retirement at a early age forces you to just sit around and do nothing. No, you will be mobile and pursue dreams and careers you love much more. There will be more time to spend doing what's important outside of being dominated by a work 90% life 10% type balance.
2) Somebody has to work at the company doing the vital things necessary. While this is true in a sense, it does not make their case any stronger and actually I argue it weakens their point. There are a lot of people who would love to work and no shortage. Just because one person retires early unless they are the heart and soul of a company it does not mean the company will go under. People retire from the top all the way down all the time at major U.S. companies and a lot of select strong companies thrive. The leaders and employees leave a legacy that last until the next generation of leaders can take over and achieve solid operating results. I am happy for the people who love it so much that they want to work at the same job until 70+ years old. That is a company I'd like to be a part of because it means the employer is treating them well and with respect. The claim that somebody has to do it though in no way justifies who that someone is. So in the end does it have to be you or me doing it?
I look at all these young entrepneurs, investors, and early FI seekers and am amazed at how well they have executed the plans. Knowing firsthand how hard it is to get ahead I can only wish all my fellow bloggers the best.