You are currently viewing Mastering The Art Of Mini-Retirement Negotiation

Mastering The Art Of Mini-Retirement Negotiation

There are things that don’t fit into a two week vacation. It can be hard to experience the full beauty of a place in a short period of time. The struggle is real if you have ever dreamed of biking through Croatia, taking a coast-to-coast road trip, volunteering overseas, or taking a month to brush up on your Spanish in Barcelona. With careful planning and research, you can make the most of your travels and embark on an unforgettable journey.

Our vacations are being pulled in many different directions. We need to make sure we have time for ourselves as well. We need to catch a flight to visit friends and family. Ensuring we have our tickets and passports ready is important for a smooth journey. There is a lot of wedding travel in the summer. I look forward to attending all the weddings. There are big projects that need to be tackled every year if you have bought a home.

We end up with 7 days of family visits, 4 days of stuff we need to get done, and 3 days of vacation. We will make the most of our time together. While we have the chance, we want to tackle other big dreams. We want to make sure that we can achieve these dreams. There are adventures that don’t fit into the 3 days of time off left over. If you want to make the most of your vacation time, plan a longer trip.

Enter the Mini-Retirement!

A mini-retirement is when you save money and take an extended time off of work so you can follow your passions, such as traveling the world or launching a non-profit.

If we wait to retire until 65, we will miss out on a lot of our dreams and goals. We need to take advantage of the life we have now and make our dreams a reality.

And even if you are following an early retirement strategy to try to fast-track retirement, it will still take some time and there are many things we can only do in our 20’s or 30’s.

When our kids are small, there are experiences that can only happen. These moments will never come back. We need to cross items off our bucket list that might not be possible in a decade or two if we don’t lean into each season of life. We should take advantage of our youth and the energy that comes with it to make sure we can experience as much of life as possible.

How to start?

If you don’t do it in this decade, you won’t have another chance. We will make sure we can take a few of these for your first mini-retirement. You should plan out your mini-retirements in advance so that you can make the most of them. It should be compelling, time-sensitive, and a one-time thing.

Plan your budget

You will be taking a lot of time off. Basic expenses and the cost of your adventure are what you will need to cover. You can save money now to make sure you have enough money for your trip. You need to know what your monthly expenses are. To see where your money is going, you can track your expenses. The easiest way to do this is by using an online net-worth and expense tracker – the free one I use is

Personal Capital logo

Personal Capital

Price: FREE

With Personal Capital, you can see your net worth, analyze investments, and discover any hidden fees, as well as set spending and saving goals. It is easy to get a clear overview of your finances with Personal Capital.

Then you start a Dream Budget. It is easy to make. Creating is fun and rewarding once you get used to it. You can research the cost of your month off by opening up a spreadsheet. To make sure you stay within your means, calculate the total cost and create a budget after you have gathered all the information. Hotel costs, flights, gas, etc. It’s important to budget appropriately for your vacation to avoid financial stress. A month is enough to finish writing a book or grow a side project. Break the task down into smaller, more manageable chunks if you’re feeling overwhelmed.

What would the costs look like? What are the costs for taking a month to travel and promote a book or CD? The cost for each element should be listed. Any taxes or additional fees should be included.

You can divide the cost by the number of months you have to save by figuring out what the total cost will be. It will be easier to stay on track with your savings plan if you have a goal for each month. If you need $6000 in a year, you need to come up with $500 a month. One way to save money is to create a budget.

Travel Europe Mini Retirement
Example of a Europe Mini Retirement “Dream Budget”

When you pack your lunch or turn down drinks, you will know exactly what your Dream Budget will cost. You will be one step closer to your financial goals. $30 saved is a night at a youth hostel. This is a great way to explore Amsterdam on a budget. You can get a national park pass if you make $50 babysitting or on your side hustle. A national park pass can give you access to the great outdoors and help you explore the beauty of the world around us. All your gas costs will be paid for by $1,000 from a tax return. Additional money can be put towards other expenses such as groceries or household items.

There are ways to cover some of the costs. To help offset the financial burden, you could look into scholarships or grants. Your mom might buy you a travel bag for Christmas. You can find credit card offers that will help you earn points towards your flights. Signing up for a travel rewards credit card will allow you to accumulate points with each purchase. If there is a big project you want to tackle during this time away, you can start doing professional trades now so you have the help you need when the time comes. You can use this time to start learning new skills, so you are prepared when the time comes.

US road trip mini retirement
Sample budget for US Road Trip Mini Retirement

The Big Ask

In the months before you pitch the idea to your employer, make sure to lay the groundwork. You should take the time to research and understand any objections your employer may have so that you can address them in your pitch. Even a year before or the next time you are negotiating a raise, Be helpful to your coworkers and awesome at work. You will create a great work environment by doing this. Your coworkers will be helping to cover your work while you are gone, so you will want some goodwill built up there. When you return, be sure to thank them for their help.

When the Big Ask comes, you want to make sure your boss is not the first to hear about it. To establish a good relationship with your boss, you should demonstrate your value to the company before presenting your request. If you haven’t mentioned your interest in it, it’s hard to sell the idea of a once-in-a-lifetime experience.

If your coworkers and boss know how passionate you are about justice work in India, they might rally behind a month-long volunteer trip there. If you are willing to volunteer your time in India on behalf of your company, you could even get your employer to sponsor the trip. People help other people achieve their dreams. The joy on someone’s face when they have achieved their dream is a great feeling. It makes us feel like maybe it is possible.

Make it a “hard no”

It would be hard for your boss to say no if you laid out such a well-thought-out, compelling, detailed plan. Your boss will have to think hard before they make a decision, as the proposal you have put forward is simply too good to refuse. Consider the two examples. These examples show how important it is to be aware when making decisions.

I have always wanted to hike Kilimanjaro for my honeymoon. If you can give me time off, I will make this dream come true. I only have 8 days left and I have been saving my time off. I would love to take this trip in a month. This trip has been on my bucket list for a long time and I’m so excited to finally get to go. Bill and Carl are willing to help cover my work while I am gone. I’m very thankful for their help.

We have a plan of what I can do before I leave. This plan will ensure a smooth transition while I’m away. We talked about this on our first date and it was a big dream for us. We can’t wait to make it a reality. This is a one-time thing.

If I can just have this time, I will be even more excited about my work because I have loved my two years here. When I return, I can’t wait to see what new opportunities there are. It would mean the world to me if I could get the other 3 weeks off, unpaid of course.”

That is not easy. I’m sorry, but I can’t agree with that. How can they say no if you have done all the work? Now that you have presented a strong argument, it’s time to show them why they should say yes. Even if it isn’t something they typically offer, a well-planned Big Ask can make you the exception to the rule.

This example would be an easy no. In this case, the answer is an easy no, as there are plenty of other scenarios in which the decision may not be so clear-cut.

I am really burned out. I think I need to take a break. I used to think I loved this job, but now I don’t. I feel like I need a change of scenery. I need some time to think about other options. Before making any decisions, I’m going to take a step back and evaluate my choices carefully. Maybe travel. I don’t know. I have not planned it. I’m going to take it one day at a time and see where it leads me. I feel like my work is slipping even though I know it will be hard while I am gone. I hope the time apart will allow me to focus on my work when I return. It would be great if I could take a few weeks off. I could use the time to relax with my family. Also, I haven’t really saved up much money, so I’m going to need that to be paid time off.”

Um…no. You could be fired. If you don’t take your job seriously, the consequences could be dire. You need to do it right if you want to do this.

Plan your next mini-retirement

Everyone will get a mini-retirement at some point. Make the most of your mini-retirement by taking the time to enjoy it. You can jump at the chance if you have your dream nailed down, a budget ready, and money set aside. It’s important to remember that it’s not just about the destination, but also the journey along the way. A few months between jobs is a great time to cross things off your bucket list.

We have to seize or watch the opportunities that come our way. We need to take advantage of the opportunities before they are gone. We are on our 5th mini-retirement. We’re visiting a lot of new places and seeing a lot of different cultures. We have used them to travel through 27 countries, invest in rental properties and take an epic road trip with our 5 little kids. They have been used to make new memories and create new experiences.

By keeping our expenses low, creating some passive investments, investing in index funds, and building a small lifestyle business, we are able to mix in mini-retirements whenever we want. This allows us to live our lives on our own terms, and we are so grateful for it. It did not happen overnight. It took a lot of hard work to get to where I am today. We had $55,000 in debt. Over the past year, we have been able to pay off a large portion of the debt. This is the life I have always wanted to live, and I am 34 now.

Mini-Retirements bridged the gap until we hit financial independence. They are still part of our lifestyle. They are an essential part of our everyday lives. We are going to go on a road trip next spring. We can’t wait to explore the different sites and attractions on our journey. We hope to travel to the US in 9 months. We are going to explore each state and see all that America has to offer. (My oldest is 9 and I can see that window closing quickly!)

Don’t put off important things until the end of your life. Make memories that will last a lifetime and take the time to appreciate the moments that matter most. A month-long mini-retirement is the best way to start. It’s a great chance to take a break and explore something new. You will find ways to sprinkle mini-retirements into every decade of life once you see how this process works. Living life on your own terms will allow you to enjoy the freedom that comes with it.

Leave a Reply