5 Things I’ve Learned From My 1st Month of Retirement
I officially retired in early November of 2021. However, since we moved from Silicon Valley, California to Dallas, Texas in December, most of my time in November and December was spent packing, coordinating with movers for our vehicles and belongings, and actually doing the move right before Christmas. We then unpacked, cleaned, and settled in just 3 days. On Christmas Eve, we finally had time to put up our Christmas tree in our apartment. The rest of the winter break was spent with family at home and doing a little exploring in the new area.
Although I technically retired 3 months ago, I didn’t experience true retirement until the 2nd week of January. In this post, I’ll share my thoughts on how my life has changed, both personally and financially, as an (early) retiree!
2022 Business and Personal Goals
Happy New Year! To kick off every new year, I like to set goals for all aspects of my life, both personal and professional. By publicizing my goals, it helps me stay accountable for the things I set out to accomplish for the year. I also hope that some of my goals inspire you to set some for yourselves, too! Let’s get started.
My 2021 Year-End Review
At the start of 2021, I set out to accomplish some business and personal finance goals for the year. By the middle of the year, I published a review of how those goals were progressing, as well as some of my personal goals (not money-related). Now that we’re at the end of 2021 (crazy how fast it went), I will do one final review of both my money & non-money goals and share how I did!
I Just FIRE’d Myself At 31
When I was studying computer science in college just over 10 years ago, I told my partner that I was going to retire early. They didn’t understand what this meant at the time, nor was I taken seriously. We hadn’t even started working yet, so how could we think about retirement already? Well, fast forward to today, and I have 2 major life updates to share with you all!
First, I have officially quit my corporate career at the age of 31, having worked for just a decade. Second, I’m relocating from Silicon Valley, California to Dallas, Texas, accelerating my FI/RE timeline by nearly a decade! These were some of the hardest decisions I’ve made in my life, but they are ultimately right for me and my family. I’m positive that at least 80% of you have thought of relocating (however fleeting) and are also wondering why I am quitting my corporate career at such a young age, so I will share my thought process and reasoning in this blog post.
How I Turned My 2nd Flip Into My 1st Airbnb
At the start of 2021, I set out to start an out-of-state flipping business and flip an average of 1 home per quarter (4 for 2021). By May, I had already purchased all 4 of my flips for the year. The 2nd home I purchased, however, didn’t get remodeled on schedule, nor did it attract a sale price I was happy with. So instead of waiting around hoping for a magic sale to happen, I decided to convert my 2nd flip into an Airbnb! In this post, I’ll talk about what went wrong with my 2nd out-of-state flip and the steps I took to convert this property into an Airbnb.