How I Retired at 43: Tips for Achieving Financial Freedom
Ever dreamed of leaving the rat race for good? Meet Pav Lertjitbanjong, a self-proclaimed millionaire who made the bold choice to quit her $300,000-a-year corporate job and embrace an entirely new life. At just 43, she downsized her lifestyle and traded in her high-stakes career for the sweet taste of financial freedom. Here’s how she did it and her invaluable tips for anyone looking to follow in her footsteps.
The Moment of Realization
In April 2025, Pav faced a profound loss—her grandmother passed away, prompting a significant shift in her perspective. "I was too busy chasing success to be there for my family," she reflected. This heartbreaking moment ignited a fire within her. In May of the same year, she made the leap. She sold her Honda Civic, placed her million-dollar home in New Jersey on the market, and relocated to Minneapolis, Minnesota—all while scaling her yearly expenses down to a manageable $30,000 to $40,000.
Building an Emotional and Financial Foundation
Pav’s journey to financial independence was not spontaneous; it was a carefully constructed process spanning several years. After a pivotal divorce in March 2020, she emerged with a clearer understanding that her security was her responsibility.
"I’ve had that moment rehearsed in my head hundreds of times," she shared. "This was a process of years in the making."
Achieving Financial Freedom: Strategies and Insights
What is Your Freedom Number?
Understanding her freedom number—the minimum amount needed to live—was crucial for Pav. Previously, she needed around $100,000 annually to maintain her lifestyle; however, by downsizing, she now thrives on $30,000 to $40,000.
“You have to know your freedom number,” she emphasized. “It allows you to live with purpose and clarity.”
Emergency Income Streams
To ensure a safety net, Pav devised ways to earn extra income if needed, including freelance marketing and even dog walking. Understanding how to make money quickly can offer a cushion of security, enabling you to live life on your own terms.
Tips for Aspiring Early Retirees
Here are Pav’s top strategies for achieving early retirement:
Don’t Wait for Permission: There’s a misconception that retirement is reserved for the elderly. Pav encourages her peers not to ask for approval from society.
Know Your Freedom Number: Assess how much money you need to thrive and plan accordingly.
Prepare for Emergency Income: Identify quick & accessible ways to earn should the need arise.
- Downsize Wisely: Reducing your expenses can lead to a simpler, more fulfilled life.
Finding Liberation in Retirement
Pav emphasizes that financial freedom is not about opulence; it’s about the ability to spend time with family and friends.
“Financial freedom for me is being able to spend time with the people I love,” she explained. “It’s not about buying everything I want, but spending my days as I choose.”
Overcoming Doubts and Criticism
Though some may claim she’s too young to retire, Pav firmly believes that it’s never too early—or too late—to make this life-altering decision.
“Don’t let others dictate your choices. Most who retire early are not lazy; they’re simply exhausted,” she stated.
Conclusion: The Road Ahead
By shedding the weight of societal expectations and daring to redefine her life, Pav has embarked on a new chapter filled with freedom and possibility. For anyone dreaming of quitting their job and becoming financially free, Pav’s story serves as both inspiration and a practical guide.
As you consider this path, remember: The power lies within you to create the life you desire.
Learn More
For more insights on early retirement and the FIRE movement, check out this comprehensive guide.
Pav Lertjitbanjong has illustrated that profound change is achievable with the right mindset and planning. Are you ready to take the plunge?
