ChooseFI Logo

079 | Embracing Retirement | Amy And Tim Rutherford

Tim & Amy Rutherford talk about early retirement, living with lower expenses and a busier schedule of fun, free activities, and what life changes they made to get there.

What you’ll hear in this episode:

  • How did Amy and Tim meet and what were their spending habits at the time?
  • What did “frugal” look like for Amy and Tim initially?
  • With enough money in the bank, cutting their spending gave them an opportunity to retire almost as soon as they became aware of financial independence.
  • Managing spending is equally as important as replacing income when it comes to reaching financial independence.
  • Optimizing life is one of the most enjoyable things Amy & Tim ever did.
  • What factors did Tim & Amy consider prior to leaving the workforce?
    • Physical health
    • Mental health
  • How did a chart help Amy get excited about saving?
  • “What’s tracked and measured can be improved.”
  • There are fun, free activities in every part of the world.
  • How do Tim & Amy fill up their days now that they’re retired?
    • Walking
    • Inviting friends for dinner
    • Finding local activities
  • Who are Tim & Amy’s “tribe” and how do they find them in new cities?
  • What does it look like for Tim & Amy to be house sitters?
    • They watch houses and pets, for free, with a place to stay for free.
  • How much are Tim & Amy spending now, and how did they get there from $115k?
  • Tim & Amy are actually living below their current budget – they aren’t missing out on things they wish they weren’t.
  • “I want to walk the world while I still can.”
  • How do Tim & Amy describe their retirement?
  • Would Tim & Amy consider selling their house and traveling full time?
  • How would people get started with house sitting?
    • House Sitting Magazine
    • House Sitting World
  • Tim & Amy buy experiences instead of things.

Listen to Brad and Jonathan’s thoughts about this episode here.

Mr. Money Mustache

Tim & Amy’s YouTube Channel

Mr. Money Mustache: What Does Your Work Truck Say About You?

Mad Fientist: Retire Even Earlier With Earning More or Spending Less


Thank you for being a part of the ChooseFI community! If you want to support us, here are some easy ways:

1) Leave an iTunes review:

2) Use our page to sign up for travel credit cards

Note: We may receive a commission if you are approved for cards on this page

3) Most importantly, find your friends, coworkers, and family members who may be open to this message and tell them about the podcast! (Episode 21 is a great starting place)

As Jonathan would say, “The FIRE is spreading my friends!”

Embracing Retirement | Amy and Tim Rutherford
Choose FI has partnered with CardRatings for our coverage of credit card products. Choose FI and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. American Express is a ChooseFI advertiser. Disclosures.
More To Explore
You Might Be Interested in...
Something New at ChooseFI harnessed the power of AI to provide in-depth transcripts for all ChooseFI podcast episodes. Each section of the transcript is clickable so you can listen to the podcast at exactly the point you’re looking for

Other episodes
Share This Post