Early retiree Steve Adcock says that his minimalist lifestyle is helping him avoid the impacts of inflation and a potential recession.
series in May 2021. It's the same in part because the drop came after the market run up that put their net worth close to $1.4 million last December.
With the prospect of a recession looming, Adcock is glad that he stayed the course and kept his spending limited when the market was doing well. "This is the beauty of living a more minimal life. When things get bad, you make fewer changes. You might live a higher quality lifestyle when you spend more, but then you don't have to cut back when the market's not good," he says."You have to pick your poison. This is the one that we picked, and we're certainly thankful for that."
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