The Daily Stoic

What Not To Do With Your Freedom

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Synopsis

Last fall, there was a New York Times profile on what’s called the FIRE movement. FIRE stands for Financial Independence, Retire Early. The proponents of this movement have adopted some important Stoic principles. They believe that life is unpredictable and that working for years at a job you hate for decades to retire at 65 is a dangerous risk (what if you don’t make it to 65?). They believe that many people are on a hedonic treadmill, working long hours to pay for things they don’t want at prices they can’t afford. By living below your means, investing wisely, by learning practical skills (like changing your own oil or biking instead of driving) and radically changing your lifestyle priorities, they’ve found that it’s possible to retire as early as age 30.That’s awesome. And should be looked at seriously by everyone who has unquestionably assumed the mantra of our consumerist, materialist society. But still, it brings up this question: if you were suddenly able to retire much younger than expected, what sho