Posted by Tim Stobbs on January 2, 2015
In just over 40 months I will be turning 40 years old and while I started this blog with the idea of leaving my day job at 45, I’m revising that down to 40th birthday. Hence the title Freedom 40 in 40.
Yet on this path to financial freedom I’ve come to realize something very important. Yes having the money side of things planned out is very important, but often that gets all the focus on people’s planning and we ignore the other aspects of our lives that contribute to our happiness such as do you have close friends, what do you do with your time, do you contribute to something meaningful to you, and do you get to create something?
So over the next 40 months I’m going to execute a multiple prong plan to build myself a satisfying life. I don’t want to come out the other side of things not ready, willing and able to enjoy my new found freedom to the utmost. So over the next few posts I’m going to outline my plan to address many of these issues to help me bridge where I am now in my life and where I want to be in 40 months.
You might ask why a 40 month period of time? Well partly, yes, it just sounds cool to say, but reality is that people grossly overestimate what they can get done in a year, but grossly underestimate what you can get done in a multiple year long plan. It is entirely possible to build an new life in just a few short years if you have a well thought out plan on where you are and where you want to end up and the steps between those two.
To help everyone sort this out I’ve broken down my plans into the following areas that I want to focus on:
- Family and friends – My social supports.
- Giving back – How I want to support others around me.
- Creative and Meaningful work – building a writing career.
- Enjoying leisure time
- Obtaining independence – Mainly financial, but also other skills.
I’ll address each of these areas in a post in the next few weeks. I welcome comments and ideas on what else I should consider in my plans.