Why early retirement comes with one big clause

Here's why financial independence doesn't mean free time forever.

  • Vicki Robin and Joe Dominguez coauthored Your Money or Your Life in 1992, a now-classic finance book about liberating yourself from debt, waking up to obsessive materialism, and learning to be financially self-sufficient.
  • Anyone interested in becoming financially independent and retiring early needs to ask one big question first: Who are you without your job? What would you do with your life if income were not the focus?
  • The biggest myth? Retiring is not the end of work; it's only the end of your job. It is not free time forever. Vicki Robin warns that people who don't know what to do with their time may be headed for an identity crisis.
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5 of the richest companies in history

Inconceivable wealth. And a few lessons in how not to get rich, too.

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  • You've definitely heard of Apple. But what about the Dutch East India Company?
  • Did a 1911 Supreme Court decision result in more millionaires in America than any other court case?
  • One example of how not to do it: the rise and fall of the Mississippi Company.
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Paul Allen — Microsoft co-founder and philanthropist — dead at 65

The Seattle tech magnate died from complications of non-Hodgkin's lymphoma.

Microsoft co-founder Paul Allen discusses his new memoir 'Idea Man' during an appearance at the Computer History Museum in Mountain View, California. (Photo by Kim Kulish/Corbis via Getty Images)
  • He co-founded Microsoft with Bill Gates in 1975.
  • A major figure in Seattle, he revitalized the city landscape.
  • As of his death, he was the 46th richest person in the world.
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Money worries: Why fear dominates your finances

Why do Americans have so much debt?

  • The financial system preys on young Americans.
  • Debt is the American way of life. Can we fix it?
  • How education and healthcare reform can make us all richer.
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New infographics reveal what Americans go into debt for

Life in debt, the American way.

([Joe Read])
  • 85 percent of Americans currently owe money.
  • We come to regret at least some of that debt.
  • Each of us needs to be thoughtful about how we finance our lives.
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