Have you ever been to a retirement party? Not to sound cliché, but they’re usually thrown for people in their sixties who want to play golf every day or buy a condo at the beach now that their working days are over. I’m not really big on golf and I already live at the beach, but having the chance to take it easy for awhile and do something I’ve always wanted to do is definitely appealing. I recently took a 7-month trip through Europe for that reason.
Most people would probably call my trip a long vacation, but I prefer to think of it as a mini-retirement. I was able to fully experience Europe without rushing around the way most tourists have to do. If this is the first time you’ve heard of mini-retirements, let me tell you what they are and why they can help you work harder.
Mini-Retirements Help You Get More Out of Life
In The 4-Hour Workweek—Tim Ferriss discusses mini-retirements. He suggests taking several mini-retirements throughout our working lives, as opposed to the traditional end-of-the-line retirement (AKA the whole golfing thing.) It’s almost a way to “reset” things every now and then by taking a break and starting fresh when it’s over.
Mini-retirements differ from vacations because vacations are short– a week or two. Vacations usually involve a tourist lifestyle without any true immersion into a new way of life. A mini-retirement is longer—one to six months is a good estimate, even though my trip was seven months—and it allows you to fully participate in a new environment. I definitely got to experience European life, as the photos and videos right here on the site can show you.
Planning for a Mini-retirement
If you want to take a mini-retirement, you’ll have to create goals to help you get there just like I did. I didn’t say, “You know what? I think I’ll go to Europe today!” and rush down to the airport on a whim. I planned a long time for this mini-retirement. I decided that a European adventure was in my future, and I had to work harder than usual to ensure I’d be able to do it. I had to make sure that my online businesses were running smoothly and that I had enough in savings in case an emergency popped up. All my ducks had to be in a row.
In these tough economic times, taking a mini-retirement may not be something that is easy, but any thing worthwhile takes effort and planning. So why not start planning for your mini-retirement now?
Enjoy Life and Do the Things You Want
The main reason I left the corporate world behind and began living this dream internet lifestyle is because I want to enjoy my life. I like being my own boss and being able to do the things I want to do. This spring, I’m going to take another mini-retirement—money permitting, of course. At the moment I’m considering a road trip through the United States or a trip to the Croatian/Greek islands. I’m pretty confident that I can make it happen. My first mini-retirement was such a success, I’m willing to work hard right now so I can do it all again.Take Action. Get Results.