Another post from Mr. Money Moustache – you might see why he is one of my favourite financial bloggers from this one called “Getting enough & then some“:
…every expense profile is unique, and every person will eventually need to find a way to make expenses and income match when retirement comes – whether retiring at 25 or 85.
the frame of reference for working. In a long(ish) essay, he articulates the reason why more people are preferring to ‘retire’ early from employment:
…the great majority (of people) prefer the work phase’s evenings and weekends. We like to be able to decide what to do with our lives. Those of us with jobs have arranged to sell off large parts of our lives (8 hours a day, 5 days a week, for decades) to employers, in exchange for money that we can use to build a life that makes us happy.
He also finds a common theme in people who have done such a change:
They observe the relationship between their happiness and their spending, and they stop wasting their income on things that don’t return much happiness. The main difference between the ER (early retirement) crowd and regular working people is that they strive to be rational with their money, in terms of what it actually does for their quality of life.
There’s quite a few links with more material at the end of that article, if this topic interests you.