What is the Fourth Quarter?

I remember when I was very young, there was a family friend who retired from his job where he worked for decades. He went to a party, got a gold watch and never worked again. Day after day there he was, sitting in his easy chair watching TV as if he had been waiting his whole life for the day he could sit and watch TV all day long and not work. He obviously had a pension, he did not seem to want for money. I saw that after he retired he started to look and act so old, he walked so slow and hunched over. He died at the age that is not too far away from where I am now. It seemed to me from the perspective of a young person that people were supposed to retire at 65 and that was the beginning of the end for them.
The thought of working my whole life, retiring and dying seemed so dreadful.

These are different times however, we know more about health and fitness than they did in the 1960’s. Seniors are living very active and healthier lifestyles with ambition to continue to better themselves. Work culture has changed too. Back then it was very common for people to get one job when they got out of school and / or military service and keep that job until they retire. During my working lifetime it slowly became normal for people to change jobs frequently and that is what I did my whole life. Changing jobs and learning new skills, continuously building a strong resume and a variety of skills is what I thought of as a good investment for my retirement years. I have also always had a side business, some sort of entrepreneurial hobby and I have always planned on breaking free from employment and going totally independent. I succeeded in that once but a nasty divorce knocked me back to square one so I had to start all over again from scratch at age 40.

My blog is directed at people like me who are late to the party, with very little in the way of savings or pensions and who know that social security payouts alone will not cut it.  At the same time, we want to have the feeling of being retired early; work less, travel, golf, fish or whatever we find joy in doing a lot of. Since people are living longer and we have so many things we want to experience, retirement savings needs to last so much longer. Nobody wants the money to run out before we complete our bucket list. I am promoting the idea of building sustainable retirement income through entrepreneurial endeavors and smart investments. I want to encourage and help people who are working for what I am working for and in doing so I can gain encouragement and knowledge from what I research and write about in my blog. I will be reviewing a wide variety of casual employment opportunities, part time business opportunities, financial investments and personal investments; ways to better ourselves in order to fully enjoy our retirement years to the full.

My blog is also a journal of my progress in building a business and good investments that will help finance my fourth quarter, and my dream of taking my business on the road and traveling around to all lower 48 states and to as many points of interest as my wife and I can. I hope my experiences and advice will inspire and benefit people who want to live a more casual and free lifestyle.

As of this writing, I am on a 5 year sprint to reach my goal of becoming free from employment with the ability to maintain independent income while being mobile, free to roam, for both my wife and I. I think of my goal as, rather than working for retirement, I am working for independence from employment. The fourth quarter for me is not only these final five years before independence, but it is for the rest of my life as I reap the benefits of my work and investments.

Please comment, share and follow me on Facebook, Twitter, instagram, LinkedIn and you tube.

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Tim Sanchez

Entrepreneur operating a Packaging and Shipping Services Business and an E-commerce business in Avalon, California on Catalina Island.

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