Episode 41: On Achieving Financial Independence and Retiring from Law at 33 with Anita Dhake

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With the stresses of student loans, car loans, and everyday life expenses do you fear that financial independence is more of an abstract idea than a reality? Today on America’s very own Independence Day, I’m here with Anita Dhake to tell you financial independence is a possibility for everyone! Anita was a BigLaw associate for only five years before retiring at the age of 33. Listen and learn how Anita made financial independence a reality for herself in such a short amount of time. I hope this podcast gives you the inspiration and motivation needed to achieve your own financial independence in the timeframe that makes the most sense for you. Don’t forget to keep an eye out for her future book “Operation Enough, A Guide to Early Retirement for Those so Inclined”.

 

What you’ll learn:

  • How Anita leveraged her time in Big Law to retire after only 5 years
  • The sacrifices Anita made in order to retire early
  • Her outlook throughout the process of saving money while working
  • Her thoughts on running out of money and working in the future
  • The transition from working to retirement
  • The challenges that come with early retirement
  • Her travel philosophy and future wish list
  • Her outlook on her lifestyle choices versus the mainstream American lifestyle

 

Best Advice for Finding Happiness:

 

“It’s all about life and choosing what’s most important to you not just saving just to save.”

 

“Lawyers that are happy have intentionality about it, they find jobs that suit them.”

 

“You’re not going to like every single part of every single job that you have but if you can focus on the things you do like while you have it, you can be happy.”

 

Resources:

 

  • Vicki Robin- Your Money or Your Life

 

Connect with Anita:

 

On Her Blog: (http://thepowerofthrift.com/)  

On Facebook: (https://www.facebook.com/thepowerofthrift/)

On Twitter: (https://twitter.com/powerofthrift/)

On Her Pinterest: (https://www.pinterest.com/powerofthrift/)  

 

Thank you!

 

I know that time is your most valuable resource so I really appreciate you spending some of it with me. If you enjoyed today’s show, please share it!

 

If you’d like to help me improve and grow the podcast, I’d love if you could take 60-seconds to leave an honestreview and rating on iTunes at http://bit.ly/happylawyercast. Reviews and ratings are extremely helpful when it comes to the ranking of the show and I genuinely love hearing from you!

 

Lastly, don’t forget to subscribe to the podcast, so you won’t miss an episode!

 

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While you’re here, check out some of these great affiliate links:

 

If student loans have you down and you are considering refinancing, consider CommonBond. http://bit.ly/CommonBondStudentLoan using this link gives you $200 towards your student loan!

 

They have some of the best rates and give a portion of their proceeds to charity. Stop paying those big banks and start doing some good with your interest payments!

 

Or download your first book for free over at audible: http://www.audibletrial.com/TheHappyLawyerProject

 

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Don’t forget to follow me:

 

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Podcast equipment: *Blue Yeti Microphone- http://amzn.to/2pNRHch