yeah sure and I don't mind sharing my
age I am will work backwards I am 46 now
I just turned 46 I stopped formally
working at the age of 43 and I got this
whole idea when I was 37 and I remember
it was October of 2012 and I was in
software like we talked about and for
particular job was writing code for a
medical device so in previously I had
worked in industries like insurance or
point-of-sale systems where if you mess
up the code you might quote someone the
wrong price for an insurance policy or
you might charge someone the wrong taxes
for a purchase but in this case if I
screw up the code I can potentially
cause serious harm or kill someone so
that was bad for two reasons and the
number one reason was just the stress
you always had this kind of dark cloud
over your head thinking it's not like a
job where you're a pilot where as soon
as you go home the stress is done you've
done your job but this I could have
potentially introduced a bug in the code
five years ago that could harm someone
that I just that's been hidden all this
time and took a weird situation to come
up but the other reason was I didn't do
a whole lot of coding it was mostly
writing documentation for the FDA
dealing with audits so I'm sure you were
a software guy like I love the code
writing part of the job that part was
really fun and cool trying to solve the
puzzles but everything that went along
with it was not good but and I had this
job for a while but at one point in
October 2012 we thought there was a bug
in the code and I thought I caused it
and it was a bug that could have
potentially harmed someone it turned out
that there wasn't there was an error in
the testing and it wasn't my so I didn't
do anything wrong but for that week my
stress was so overwhelming I think I
lost like ten pounds in a week and I
remember being huddled over the toilet
think I was going to throw up from the
stress because I let my coworkers down I
could have potentially hurt someone and
well none of that was true the stress
was overwhelming and the thought I had
at the time was if I do this for the
next 25 years I'm gonna be dead I'm
gonna die of stress I'm gonna have like
hypertension or heart attack or
something like that so I googled how do
I retire
early and up came these bugs like JD
Roth from get rid slowly and mister
money mustache whose co-working space
were sitting in right now let's come
full circle and I started reading these
blogs and it was about these two guys
who claimed they had retired in their
30s and the first thought I had was what
kind of have I landed on this this
must be some kind of scam where they're
gonna try to sell me some multi-level
marketing thing like when is the sales
pitch coming but I started reading
through the blog especially mister money
mustache who went into a lot of numbers
like the 4% rule and the math behind
earlier retirement and then I'm like
well I don't want to live off twentieth
or twenty four thousand dollars a year
like Pete does that's too little but
this is pretty much just a simple math
problem so at that time I did not have
enough money to retire but thankfully
I'd always been a saver and there's a
story behind that too we'd always been
pretty frugal that was probably the
craziest time of our life or we weren't
being frugal so we pretty much pivoted
we sold our house we moved to a much
cheaper home and I set out a plan to
retire I figured it would take me about
four years or fifteen hundred days and I
had always enjoyed writing so I thought
why don't I document this journey on the
internet it'll keep me honest and it'll
be fun yeah that happened and I made my
number about a year earlier than I
planned not to to any genius on my own
part but due to a great stock market but
uh that's it now I quit and let's see I
don't even remember when I quit yeah I
was twenty thirteen but I made my goal
in twenty twelve so the money is easy
the emotions not easy but simple the
emotions that go around it are a little
bit more difficult congratulations it's
awesome story and thank you for the
people that are wondering out there you
you do have a blog we will get into
numbers what you're making from the blog
and a lot of the details since that's
what a lot of my audience is used to
sure but I am super fascinated with like
the emotional part it's a simple math
problem right like when you get down to
it it's a simple math problem so can you
just hit it a high
level the 4% rule and then I'll provide
some links you have some excellent blog
post where you outline it a little bit
more detailed but yeah what was the
bottom line
yeah so there's a lot of moving parts to
the 4% rule but in a real high level
what it says is once you've accumulated
enough money to live on 4% of it your
first year and then after that it
adjusts for inflation but so for example
my number was I need $40,000 a year to
live on therefore I would need 1 million
dollars to retire after that it gets
ratcheted up for inflation but that is
the very basics of the 4% rule so I
accumulated my 1 million dollars in
April 2012 I think ok and for people
that want to go deeper you documented
this whole process on your blog you list
your net worth you have you know the
benchmarks that you hit and I'm I'm
curious because it's funny to talk about
money and certainly stress sure is rom
taboo subject right and even you know
around here a lot of us have maybe like
sort of a freer schedule where
like-minded folks but even then it's
like slightly awkward because we're
talking about money and it's just yeah
taboo so did you get pushed back from
like family or friends or anything like
that yeah I was anonymous and eventually
a story went viral and everyone found
out what it was and then it got kind of
weird but the thing I thought is money
is so taboo then I saw back up a second
when the story went public our pictures
showed up on the front page a yahoo and
my initial reaction was like oh and
I was still working at the time I'm like
but then I'm like no one reads Yahoo
News like who reads that anymore but
then it turns out everyone reads through
yeah who knew as we started getting all
these text messages like 10 minutes
later saying hey you're on yahoo you've
got a million dollars like holy why
don't you tell us about any of this and
like freaking out I'm like oh my god my
job's gonna find out but then I thought
maybe this will be good the whole reason
I I've been so open with money is my
goal is to kind of bring it out into the
open because if we all talked about it I
think we'd be a lot healthier we could
start helping each other out and
not trying to hide behind expensive cars
to disguise our insecurities and on
everything that goes along with not
having money so I thought it would be a
good exercise to be public with it and
it turned out we haven't helped I've
helped people but no close people no
friends or family really I found they
don't care or they just feel weird about
asking about it but I get random I get
random emails from strangers on the
internet and mail which is kind of weird
asking me for money and I won't give you
money but I will give you help and no
one wants to take me up on that they
just want the easy answer so I'd rather
teach them to fish then give them the
fish what was your original question I
think I went way off on a tangent yeah
that that's perfect it was about just
talking about money and being public yes
you know I've got one other crazy story
about that when I was about 12 or 13 I
money is always fascinated to me and
kind of because I didn't grow up with it
so I yeah there was a lot of insecurity
in some scary moments as a kid where am
i dead would be laid off so when I was
12 or 13 I went to my mom on like hey
mom how much money does day and make and
the whole reason I wanted to know this
was I was just curious I wanted to know
how much I needed to make as an adult
and I was curious about what they did
with their money and then my mom gets
this look on her face she's like that is
private you cannot ask those questions
you better not inside again and she got
all mad about like oh okay so then Plan
B was to sneak down to the file cabinet
in the basement and look at their
paycheck stubs which I did and I
eventually found out that way but then
the funny thing was a couple months
after that my mom's like hey come
downstairs we need to have a
conversation I'm like okay mom what's
going on I'm kind of scared she's like
let's talk about the birds and the bees
and I'm like hey mom I found out about
all this stuff through the kid on the
playground I know what to do I know how
to be safe so I'm just gonna go back
outside and play I promise I'll be I'll
be good with that stuff so my mom was
okay talking to me about sex but not
about money and I'm the exact opposite
with my kids and perv them might be
because I have two girls I'm like oh or
younger what is like well
how do babies get made well mom and dad
love each other and then a baby is there
but how does it get there
am I is that can happen to me I'm like I
went off on a big tangent there but it's
funny my mom was eager to talk to you
about about sex but not money I think
that's a little bit backwards
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