Michael makes a big announcement in this episode. Michael has made the decision to start living in a "semi-retired" status. He talks about how the story of "The Mexican Fisherman" inspired him to work towards reducing his working hours as much as possible.
Michael talks about how a couple of his projects which he has been working on are now at a stage where he can step into them more and as a result, is able to cut back on his web development hours and effectively has become semi retired as a result - working around 10 hours per week.
Quotes from the Episode:
"Forever has to start one day. We are so prone to look so far into the distance, we forget we need to make the leap at some point into retirement."
"The FIRE Movement is more of a time independence movement."
The Mexican Fisherman on the Informed Decisions Podcast:
Recent article about Michael developing hockey clubs in Munster:
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Ep 72: In it for the Long Haul - The Final Episode
Ep 71: Investment Trusts with Andrew Driver
Ep 70: The Barista FIRE Approach
Ep 69: What Should I Be Investing In?
Ep 68: Selling up and moving to the Canaries
Ep 67: The Irish Savers Action Group Interview
Ep 66: Passive Income - The Alternative Way to FIRE?
Ep 65: Should I set up a company for my investments?
Ep 64: Saying No to 50% Tax
Ep 63: Financial Independence with Dave G
Ep 62: Embracing Frugality
Ep 61: Name Your Sacrifice
Ep 60: Talking Financial Independence with Ken, from the Humble Penny
Ep 59: Buying an Investment Property with No Deposit
Ep 58: Talking Property with Gavin J Gallagher
Ep57: The Realities of Dealing with Bad Investments
Ep 56: The Four Pillars of Success
Ep 55: Talking Financial Independence with Alan Donegan
Ep 54: Realisations of 2020
Ep 53: Talking Bitcoin with Andy Edstrom
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