Semi-retirement allows you to work part-time in a job you enjoy. When you are semi-retired, you can leave your full-time job behind and take on projects you enjoy. Semi-retirement also allows you enough time to pursue hobbies, spend time with friends and family and look after your health. You can still reach financial independence in semi-retirement (by letting your nest egg compound).
In part 1 of this post we discussed the four stages of Flamingo FI and how it allows you to quit the 9-5 in record time. By now you know how Flamingo FI works – you work and save hard for a few years and then you semi-retire. While you are busy enjoying the perks …
Flamingo FI is a funky remix of the best parts of three different retirement lifestyles – Semi-Retirement, Early Retirement (FIRE) and Traditional Retirement. Soon after we started our journey towards Financial Independence, it became clear to us that we didn’t want to be chained to our desks until we hit our FIRE number. We had …