Armchair Musings

Musings about Personal Finance, Investing, Technology, Life and Philosophies

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Life and Motivation

The Extrinsic Element of Intrinsic Motivation (AKA Failing at Retirement Twice)

A lesson learned in early retirement to go beyond the self. Revealing a missing void for some people, especially the altruistic.

Ed Luo
Armchair Musings
Published in
7 min readSep 11, 2023

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Intrinsic

adjective

Belonging to the real nature of a thing; not dependent on external circumstances; essential; inherent.

I’ve shared in the past how I failed at early retirement after just seven weeks, but this is a follow-up story that I’ve never told anyone.

Today I’ve got an interesting take on motivation and personal growth. We’re going deep into the soul.

After hitting FIRE and “semi-retiring” to work at multiple simultaneous startups for fun, I took seven months off in 2022. It was part two of my FIRE journey to

  • A) validate whether the earlier seven-week phase in 2021 was a fluke, and
  • B) focus on my personal dreams and hobbies in a serious way.

I’d spent 1.5 years helping the dreams and aspirations of random startup founders/CEOs, but none of that was relevant to my own dreams whatsoever. So I figured at least half a year would be enough time to experiment and refocus.

And boy did I lay down the personal gauntlet. I wrote prolifically — finished a bunch of horror short stories, drafted a novel outline, and kept up this blog. I read 2–3 books per week of all genres. Gymed and cooked every day. Kept up my various hobbies (street magic tricks). I even went on a 30+ day transatlantic cruise with my parents to visit over a dozen islands and Spanish/Portuguese cities. I visited Alaska, the Middle East, and parts of Canada for the first time. Most importantly, I spent valuable time with my friends and loved ones.

Life was good. I was happy, knowing that I didn’t need any form of external validation to affect my well-being. Not needing ties to a prestigious company or a fancy-sounding job title. And don’t get me wrong, I was busier than ever juggling all my random hobbies and adventures on the road.

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Armchair Musings
Armchair Musings

Published in Armchair Musings

Musings about Personal Finance, Investing, Technology, Life and Philosophies

Ed Luo
Ed Luo

Written by Ed Luo

Compliance and Product executive, Financial Freedom at 31. Top writer in Finance. Creator of Armchair Musings. Read more: https://tinyurl.com/3t4v8kyu

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