Millennials saw their parents work for 40 straight years, and many are considering taking some time off from work, aka taking sabbaticals. Again, Lauren and her guest discuss the book Die with Zero. Sabbaticals allow you to travel, catch up on life tasks, re-evaluate life choices, and alleviate burnout. They’re usually 3 months to 1 year long. A mini retirement, on the other hand, can last years, and you may be making some income during that time, perhaps by doing contract work. At the end of the day, money is a tool, and it doesn’t make sense to accumulate for the sake of accumulation. You’re a whole person outside of your job. And a sabbatical can help you remember that. If you’re feeling uneasy about your life path, consider planning for and taking a sabbatical.
If you liked this episode, you’ll also like episode 185: A Smorgasbord of Personal Finance Tips.
About TJ:
Theodore Joseph (T.J.) van Gerven is a financial planner and the founder of Memento Financial Planning that aims to help maximize your resources and is passionate about helping millennials to use money intentionally as a tool to build toward financial flexibility while accomplishing various goals on the path to independence.
Connect with TJ:
https://mementofinancialplanning.com/
https://www.linkedin.com/in/tjvangerven/
Connect with Lauren:
https://www.realadultingiseasy.com/
https://twitter.com/AdultingIsEasy
https://www.instagram.com/adultingiseasyreal/