How to Get Rich Slowly, Take a Year Off, and STILL Retire Early
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 Published On Jul 31, 2023

Episode #436

“Get rich slowly” is a concept that most people in the FIRE community can get behind. “Time off,” on the other hand, seems to go against the idea of grinding to financial independence now and waiting until later in life to enjoy the spoils. Today’s guest is bucking this trend—using his financial freedom to support a “retired” lifestyle that includes traveling the world, discovering new hobbies, and learning new skills!

Welcome back to the "BiggerPockets Money" podcast! Today, we’re speaking with J.D. Roth, founder of the personal finance blog, "Get Rich Slowly." Initially launched to document his quest out of debt, this popular blog helped J.D. fast-track his journey toward financial independence. He now considers himself “retired,” although the more risk-averse person might say it’s a little too soon.

If you’ve ever considered taking some time away from work but fear you don’t have the nest egg to support it, this is the episode you need to hear! J.D. tackles a handful of issues that FI-focused individuals don’t always touch on—including the importance of mental health and using a “mini” retirement to decompress. He also talks about why he’s not worried about his modest portfolio and shares the three five-year plans you need to prepare for any curveball life might throw in your direction!

Show Notes at:
https://www.biggerpockets.com/blog/mo...
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Finance Friday: How Sabbaticals Make You Happier, Healthier, and Wealthier: https://www.biggerpockets.com/blog/mo...
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Books Mentioned in This Episode:
“Your Money or Your Life”:
https://www.amazon.com/Your-Money-Lif...
“The Total Money Makeover”:
https://www.amazon.com/Total-Money-Ma...
“The Creative Act: A Way of Being”:
https://www.amazon.com/Creative-Act-W...
“Designing Your Life”:
https://www.amazon.com/Designing-Your...
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Connect with J.D. Roth on His Website:
https://jdroth.com
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Mindy: https://www.biggerpockets.com/users/m...

00:00 Intro

00:56 Money Moment

03:03 The Journey to Early Retirement

12:06 J.D.’s Retirement Lifestyle

24:29 The Pressure to Hustle

37:21 Taking a Year to “Decompress”

45:55 Connect with J.D.!

47:31 Design Your Life!

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