Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Extreme Minimalist Retires at Age 40
Old 09-03-2012, 12:25 PM   #1
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,044
Extreme Minimalist Retires at Age 40

Peter says that extreme minimalism allowed him to retire at age 40. He lives in Northern California, in what most of us would call an empty apartment:

__________________

__________________
FIREd is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 09-03-2012, 12:59 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Dawg52's Avatar
 
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 7,439
Why not have a bed and a sofa? You can get those 2 things at an estate sale on the cheap. Outside of that, there are lot's of people who lead similar simple lives. Me.....I need a refrig full of med's and cable TV.
__________________

__________________
Retired 3/31/2007@52
Full time wuss.......
Dawg52 is offline   Reply With Quote
Old 09-03-2012, 01:17 PM   #3
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,044
It's not that he can't afford to buy a bed or a sofa. He doesn't want a bed or a sofa. As he explains in the video, he used to have these things but decided to let go of them.

But meds and cableTV would be hard to let go for me too.
__________________
FIREd is offline   Reply With Quote
Old 09-03-2012, 01:51 PM   #4
Thinks s/he gets paid by the post
Live And Learn's Avatar
 
Join Date: Feb 2012
Location: Tampa Bay Area
Posts: 1,689
Thank you for sharing. I find myself saying "I wish I could" over and over.

(ps: don't need cable TV but would have a hard time giving up my super comfortable bed)
__________________
"For the time being no discipline brings joy, but seems grievous and painful; but afterwards it yields a peaceable fruit of righteousness to those who have been trained by it." ~
Hebrews 12:11

ER'd in June 2015 at age 52. Initial WR 3%. 50/40/10 (Equity/Bond/Short Term) AA.
Live And Learn is offline   Reply With Quote
Old 09-03-2012, 02:44 PM   #5
Thinks s/he gets paid by the post
 
Join Date: Jan 2006
Posts: 2,972
Even with his lifestyle he probably spends more for rent than my entire budget. I don't have a lot more than he has. I do have a bed but I probably will never buy another one. It's the only bed I ever bought and it's 13 years old. I have a futon that I got for $100 13 years ago and it's the only piece of living room furniture i've ever purchased. He may have more clothing than I have. I've never worn or owned a suit or sports jacket. If I had a better income($40K/yr+) I could easily retire before the age of 40.
__________________
aaronc879 is offline   Reply With Quote
Old 09-03-2012, 03:48 PM   #6
Full time employment: Posting here.
 
Join Date: May 2008
Posts: 589
Yea, that rent would be brutal, it is probably more than I have budgted for a pretty nice house equipped with a good set of solar panels, a decent amount of furniture, full set of appliances, a pet, a full set of gaming equipment, and some other things.

Where you live is probably the largest of all the controllable costs, and if you are retired, you are certainly not tied down to particular area. It not only effects housing costs, but also insurance, utilities, food costs, and most of all, taxes. The room might be almost empty but it might as well be filled the brim with the most expensive stuff he could find, the key isn't removing a few pieces of stuff, it is making smart lifestyle choices. There are other nice areas to live that would cost 1/5 as much, within the US.
__________________
plex is offline   Reply With Quote
Old 09-03-2012, 03:59 PM   #7
Recycles dryer sheets
 
Join Date: Apr 2005
Posts: 306
I seemed to notice he lives alone.
__________________
-----------------------------------------------------
Whatever you do will be insignificant, but it is very important that you do it.
mickj is offline   Reply With Quote
Old 09-03-2012, 06:31 PM   #8
Thinks s/he gets paid by the post
Milton's Avatar
 
Join Date: Apr 2007
Posts: 2,078
Interesting video; thank you for the reference.

A few years ago when my wife and I were in Paris we met an interesting Frenchman who invited us to see his tiny flat. He lived much the same way as Peter, although not quite as extreme. I recall admiring him, although personally I would not wish to live that way.

I can easily do without television (and have done for years), but for me books are an essential part of my happiness.

P.S. For a related YouTube video, search "Liveaboard life: minimalism In a tiny home at sea".

P.P.S. to Aaron: don't sweat it my friend, it's not a competition.
__________________
"To know what you prefer, instead of humbly saying Amen to what the world tells you you ought to prefer, is to have kept your soul alive". Robert Louis Stevenson, An Inland Voyage (1878)
Milton is offline   Reply With Quote
Old 09-03-2012, 06:34 PM   #9
Thinks s/he gets paid by the post
 
Join Date: Feb 2008
Location: Indialantic FL
Posts: 1,200
Quote:
Originally Posted by mickj View Post
I seemed to notice he lives alone.
Perhaps he lives with an empty chair.
__________________
JimnJana
"The four most dangerous words in investing are 'This time it's different.'" - Sir John Templeton
jimnjana is offline   Reply With Quote
Old 09-03-2012, 07:37 PM   #10
Recycles dryer sheets
WestLake's Avatar
 
Join Date: Jun 2011
Posts: 239
Why is he paying extra for a living room he does not use?
__________________
WestLake is offline   Reply With Quote
Old 09-03-2012, 10:39 PM   #11
Thinks s/he gets paid by the post
Onward's Avatar
 
Join Date: Jul 2009
Posts: 1,667
A lot of wisdom there. Thoreau would be proud.
__________________
And if I claim to be a wise man, it surely means that I don't know.
Onward is offline   Reply With Quote
Old 09-04-2012, 01:12 AM   #12
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,386
This man seems very happy and centered. He is not a hard sell to anyone else, merely trying to live the way that seems best to him.

I think he deserves our respect. He is definitely strong and fit!

Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Old 09-04-2012, 09:54 AM   #13
Thinks s/he gets paid by the post
ls99's Avatar
 
Join Date: May 2008
Posts: 4,792
He did say he is living a minimalist life, not a cheap life.

One of the the few who found a purpose in life, and is living it.
__________________
There must be moderation in everything, including moderation.
ls99 is offline   Reply With Quote
Old 09-04-2012, 12:38 PM   #14
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,386
Looking out the window he appears to be down on the San Mateo Peninsula somewhere. Hi rent district, but lovely in every way. These things are rarely discounted.

Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Old 09-04-2012, 01:35 PM   #15
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,044
I think that the concept of minimalism has been corrupted. Minimalism is not just about getting rid of junk and living cheaply. It's about prioritizing your life and only keeping the physical/emotional/spiritual elements that bring value to you. So if living in stunning but expensive northern California adds value to Peter's life, it is not incompatible with his minimalist lifestyle. He says "I consider myself extremely blessed to be living in this part of the world and enjoy the beauty nature has to offer". So his present location clearly brings a lot of value to him.
__________________
FIREd is offline   Reply With Quote
Old 09-04-2012, 04:14 PM   #16
Thinks s/he gets paid by the post
veremchuka's Avatar
 
Join Date: Oct 2010
Location: irradiated - too close to the nuclear furnace
Posts: 1,294
He stated some very wise things.

I couldn't help but wonder since he chooses to own so little and live so simply, why does he live in such a large condo or apartment?
__________________
veremchuka is offline   Reply With Quote
Old 09-04-2012, 07:52 PM   #17
Thinks s/he gets paid by the post
Milton's Avatar
 
Join Date: Apr 2007
Posts: 2,078
Quote:
Originally Posted by haha
This man seems very happy and centered. He is not a hard sell to anyone else, merely trying to live the way that seems best to him.

I think he deserves our respect.
+ 1. I didn't hear him state or imply that other people should be more like him, or that those who choose a more material path are lesser human beings.
__________________
"To know what you prefer, instead of humbly saying Amen to what the world tells you you ought to prefer, is to have kept your soul alive". Robert Louis Stevenson, An Inland Voyage (1878)
Milton is offline   Reply With Quote
Old 09-05-2012, 02:15 PM   #18
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
HFWR's Avatar
 
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 12,964
Quote:
Originally Posted by aaronc879 View Post
Even with his lifestyle he probably spends more for rent than my entire budget. I don't have a lot more than he has. I do have a bed but I probably will never buy another one. It's the only bed I ever bought and it's 13 years old. I have a futon that I got for $100 13 years ago and it's the only piece of living room furniture i've ever purchased. He may have more clothing than I have. I've never worn or owned a suit or sports jacket. If I had a better income($40K/yr+) I could easily retire before the age of 40.
If you really need a sport jacket/blazer, grab one at Goodwill for $10, then have it dry-cleaned for another $10.
__________________
Have Funds, Will Retire

...not doing anything of true substance...
HFWR is offline   Reply With Quote
Old 09-05-2012, 06:24 PM   #19
Recycles dryer sheets
ejw93's Avatar
 
Join Date: Jan 2010
Location: North San Diego
Posts: 81
No family, no mortgage, tons of disposable income... go figure.

/<YAWN>
__________________
ejw93 is offline   Reply With Quote
Old 09-05-2012, 07:41 PM   #20
Recycles dryer sheets
 
Join Date: Nov 2010
Posts: 241
Awesome. I could not do it, but I admire what he's done.
__________________

__________________
MDJO is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 11:17 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.