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Creating Freedom Through Financial Independence


Podcast: Creating A Runway to Retirement (Pat’s Transition Plan)

October 5, 2021

Creating A Runway to Retirement

In this episode…

We dive deeper into Pat’s plans to transition into semi-retirement.  Hear the full story on how he’s going to do it and what he’s weighing up.

We also discuss the trade-offs between working more and retiring sooner, common concerns and fears around leaving work.  Whichever stage of the FI journey you’re at, you’ll get value from this one.


Listen to the show…

(or download the mp3 file here)


Discussion points…

  • Pat’s FI journey to this point  (04:39)
  • Thinking about stepping away from work  (10:13)
  • Finding a work role suitable for semi-retirement  (14:16)
  • Weighing up the pros and cons around this decision  (21:58)
  • Concerns and worries around transitioning to retirement  (30:27)
  • Other things to consider and Pat’s next steps  (38:37)

Resources and stuff mentioned…

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Thanks for tuning in!  If you enjoyed the show, please share it to help spread the word.

Have something to add to this discussion?  Share your thoughts in the comments below…


6 Replies to “Podcast: Creating A Runway to Retirement (Pat’s Transition Plan)”

  1. Thank you Pat and Dave for sharing your thoughts on the pathway options for early fire. I can only appreciate living in the big smoke on full throttle earning the big bucks has enabled you a fast fire yet taken its toll. Wow! you won’t know yourself after a year of down gearing and increased head space for reflection! I am amazed given your ‘time pressures’ the wonderful insights and efforts to share your life journey with us. A BIG thank you. Congratulations on starting the transition and look forward to hearing more about moving on, marriage and managing parenting in the coming years….I am excited to hear about this juncture.

    For me, In my mid 30’s I enjoyed early fire with part time professional work during child rearing years. About 4 years ago decided to returned to full time professional work to bolster superannuation for early retirement in mid 50s. The timing of your podcast is wonderful as I count down my last few pays. So it is possible to access early FI & later retirement as a professional.

    1. Hey Firedancer, much appreciate the feedback and I’ll also be sure to pass the kind words on to Pat! 🙂

      That’s an interesting scenario, great to hear it’s worked out nicely for you, congrats! I think Pat will quite enjoy semi-retirement and will find a nice groove. We’ll be sure to do follow up episodes so we can compare notes on what FI life is like.

  2. Burying the lede a bit there, Pat is getting married next year? Congratulations!

    I did find the bit about semi-retiring to full time work quite amusing, although Pat might find that when he has kids he’s back to doing plenty of overtime again!

  3. Hi Guys,

    Thanks so much! Another great episode, and it’s so great to hear about your journey.

    I’ve set a tentative goal to retire in 2 years from now or less. It should (hopefully) be doable, but I’m planning a clean break. I work in the tech industry where the expectations on employees keep going up, but the support from the company isn’t really there… (lockdown has actually been the busiest time for us). So, I’ll be taking the next two years to add to my ‘transition list’. Will I look for part-time work in a completely different (less stressful) field? Go back to study? Travel lots (this one’s a definite!). Actually, it’s more like ‘What do I WANT to do?’

    One sticking point is that I’ll still have a mortgage. The bank won’t take kindly to the lack of salary, despite investment income. So, that’s on a separate checklist for my accountant, mortgage broker, etc to get the financial practicalities sorted. Or, determine if I need to extend my working years…

    All the best and congratulations on your upcoming semi-retirement, wedding and everything! Please keep us posted on your progress.

    1. Thanks for the comment and your support JC!

      We’ll definitely revisit this as time goes on to see how Pat is getting on with this plan. Fantastic to hear about your own impending freedom, 2 years is very soon in the grand scheme of things! Good job planning ahead and thinking it out too, smart move, and that should also help pass the time 😉

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