248. How to Take Mini-Retirements with Jillian Johnsrud

11 Aug 2025 · 59 min · 20 chapters

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In short

Episode topic: Mini-retirements (month-or-longer career breaks) as a way to rest, prevent burnout, and increase lifetime earning potential by recharging and returning to work “100%,” often between jobs.

Guest background

Jillian Johnsrud is an author and financial coach who teaches the mini-retirement model. She and her ex married at 19, paid off $55,000 debt, and took their first mini-retirement about five years later after building an emergency fund and investing.

Key claims

Traditional “work 40 years then retire” is unreliable; postponing life goals until 65 often fails. Frequent breaks can support career acceleration (raises/promotions) and protect peace. Rest is framed as an investment, not laziness, and burnout can worsen once you finally stop working.

Notable examples

A friend took a year off and returned with a 50% pay increase (from $100k to $150k), illustrating “underpaid vs market value” catch-up. Examples of mini-retirement adventures include learning tango for a month and an Italy cooking intensive. She also discusses employer logistics: negotiate time off with a positive, specific, one-time “story,” and consider paid structures like guaranteed monthly time off.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

Tap a time to open that second in VO

The Power of Mini-Retirements

3:57 to 6:10

Discussion on how mini-retirements can enhance your life and career.

“So you say that mini retirements aren't just about rest.”

Challenging Traditional Retirement Views

6:11 to 8:08

Exploration of misconceptions surrounding traditional retirement.

“It probably took about five years though before we got to do our first one because we had to pay through all of that debt, build an emergency fund, start investing, just get those basic financials in order.”

The Importance of Taking Breaks

8:09 to 10:46

Insights on the benefits of taking breaks and their impact on long-term success.

“And I'm like, I don't think I know anybody with a pension, like, especially in like my generation.”

Understanding Mini-Retirement vs Sabbatical

10:47 to 14:00

Clarifying the differences between mini-retirements and sabbaticals.

“depending on how long you live, to be able to continue to allow compound interest to work for you.”

Understanding Mini-Retirements

14:00 to 16:40

Learn the benefits of taking mini-retirements and how they can enhance your professional life.

“So giving yourself this break to focus on those things and create more quality can be massively helpful.”

Planning for Mini-Retirements

16:40 to 17:51

Explore practical strategies for planning mini-retirements without financial loss.

“That's why I've been using the Plod Notepin.”

Affordability of Mini-Retirements

19:07 to 21:28

Understand how mini-retirements can be affordable and valuable investments in your life.

“So I have this radical belief that many retirements are accessible for basically everyone.”

Negotiating Time Off

21:28 to 24:05

Get insights on how to negotiate time off for a mini-retirement with your employer.

“Okay, so on the financial, so I would think about that, especially if you're starting out and you're kind of earlier in your financial journey, I would think through what are like 20 cool adventures you would want to do?”

Creating Your Mini-Retirement Narrative

24:05 to 28:00

Learn how to effectively communicate your mini-retirement plans to your employer.

“So there's three ways that you can get this time off.”

Making Mini-Retirements Work

28:00 to 31:32

Learn strategies for proposing mini-retirements to your employer.

“It's another human being that has similar goals and values and dreams as you.”
Show all 20 chapters

Making Mini-Retirements Work

31:34 to 32:48

Learn strategies for proposing mini-retirements to your employer.

“I cannot tell you how stressful it is sometimes to run a small business.”

Cultural Attitudes Towards Rest

33:51 to 42:00

Exploring the negative perceptions of rest in American culture.

“Who do you think you are taking a month or six weeks off?”

Exploring the Vision of Mini-Retirements

42:00 to 52:35

Learn about envisioning and planning for mini-retirements, emphasizing balance between work and rest.

“because I was just like, I was just so tired.”

Exploring the Vision of Mini-Retirements

52:40 to 53:41

Learn about envisioning and planning for mini-retirements, emphasizing balance between work and rest.

“I did the classic thing this summer where I realized I have nothing to wear.”

Exploring the Vision of Mini-Retirements

53:48 to 54:05

Learn about envisioning and planning for mini-retirements, emphasizing balance between work and rest.

Taking Steps Towards Your Mini-Retirement

54:05 to 56:00

Understand practical steps to prepare for a mini-retirement, starting with envisioning your desired future.

“intention that you want for your mini retirement, even if you can't imagine how this is going to transpire.”

Envisioning Your Mini Retirement

56:00 to 58:05

Learn how to start planning for a meaningful mini-retirement.

“My final question for you, what is one thing that somebody can do?”

The True Cost of Inaction

58:05 to 1:00:06

Understand the risks of not pursuing your mini-retirement dreams.

“That's a way bigger price to pay than the logistics and the potential lack of earning for that month, right?”

Finding Joy in Experiences

1:00:06 to 1:01:12

Discover the lasting value of creating memories through experiences.

“or at least, you know, you're learning something new.”

Book and Resources Introduction

1:01:12 to 1:01:26

Learn about Jillian Johnsrud's resources for planning your mini-retirement.

“Thank you as always for being here, Financial Feminist.”
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Transcript

Automatic transcript. May contain errors.

0:00What if you could take a real break from work? We're not just talking a vacation that's a week long, but months, if not years, and still come back to a career you love. I'm talking to author and financial coach Jillian Johnsrud, and she is an expert on what's called mini retirements. Taking the time between jobs to help find a better job can massively increase your lifetime earning potential. Short-term intentional breaks from work that help you recharge your energy, build a better career, and finally do the things you've been putting off for someday. A mini-return can help you not just rest and recover from burnout, but have motivation.

0:36We're breaking down how you can afford it, how to negotiate time off without blowing things up with your boss, and why rest is one of the smartest investments you can make if you want to make more money and actually protect your peace. I don't know about you, but when I first started my career at 22 and realized that that was what I was going to be doing, sitting in a windowless office, hating my life for the next 40 years, I wanted out and realized I couldn't. you're building skills or you're investing in yourself in a way that will continue to pay dividends for the rest of our lives. Many retirements are the answer to us feeling stressed out and overwhelmed by hustle culture.

1:11And they're more doable than you think. So if you've ever wondered how you can actually take meaningful time off work before you're 65, this is the episode for you. Before we get into the episode today, I wanted to share something really, really exciting with you. If you've ever wanted to be a business owner or take your side hustle to the next level. I'm bringing back my signature business bootcamp program with my friend and fellow entrepreneur, Mallory Rowan. If you've considered yourself a wantrepreneur and you know that corporate life is not for you, you don't like your job. You don't like the mission of the company you're working for.

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3:57So you say that mini retirements aren't just about rest. They're rocket fuel for your life and your career. What's so powerful about pressing pause and taking a mini retirement? Well, a mini retirement can be like a Swiss Army knife. It can fulfill a lot of different functions. So for a lot of people, it's one of the best ways to increase their lifetime earning potential, to get substantial raises. I mean, in our current economy, that traditional model of you're going to work 40 years in the same career, in the same company, and you're going to get a pension, and then you're going to retire for the rest of your life.

4:38That's just not our reality anymore. So your best chance to get a substantial raise, to get a substantial promotion is by switching careers. And if you can take between jobs, between employment, if you can take a break and rest and recover and come back like awesome and 100 % and do even better in your next job, I think this is the model moving forward of frequent breaks, frequent rest, invest in yourself, in your health, in your career, in your education, in your financial life, and then go back to the next thing. Can you paint a picture of what your life looked like before many retirements? Like, what did it look like day to day?

5:27How were you feeling before doing this? So this was kind of my plan from the beginning. I got married when I was 19. My ex and I, we had$55 ,000 of debt and we went into low earning professions. So that's a winning combination. So I never had any aspirations to retire early because I didn't think that was even possible. That seemed craziness to me. So the idea was always like, what if we took these mini retirements? What if we took little sabbaticals? Because we had these big goals and these dreams that I knew weren't going to fit alongside a nine to five, stuff that we couldn't do in nights and weekends.

6:10So this was kind of always the plan. It probably took about five years though before we got to do our first one because we had to pay through all of that debt, build an emergency fund, start investing, just get those basic financials in order. You had mentioned this idea of the traditional retirement, and I want to spend some time on that because I remember my first job out of college. I was 22, right? So I am very young. I'm in my first job, and probably six months in, I'm like, am I supposed to do this for the next 40 years? Like, is this my life for the next 40 years? And I think almost everybody listening feels that way.

6:51And to your point, traditional retirement, the way we view it as society, it is, okay, you work really, really hard for those 40 years, and then hopefully maybe you get to retire on a beach with a pension. But what are we getting wrong about traditional retirement as a society? I think one of the big errors and fallacies is that I can postpone all of these goals, all of these dreams, all these things that matter to me until I'm 65. Yeah. And that'll work out great. It won't. I mean, there's a lot of things that you have a season in life to do a thing. And if you don't do it then, it's not going to wait till you're 65.

7:41And that might be sleeping in youth hostels. That might be hiking the Camino. That might be doing a big road trip with your kids when they're little. That might be traveling with your spouse before you have kids or going to Ireland and hiking with your parents. There's all these things you might want to do and you can't push them all until you're 65. They'll have passed you by. And I think there's this kind of belief that, oh, I'll be financially well when I'm 65 or I'll rely on like government programs or again, pensions. And I'm like, I don't think I know anybody with a pension, like, especially in like my generation.

8:23Like, is anybody getting a pension? I don't think so. And even the people who are, I think, feel like those pensions are constantly threatened of like, is this actually going to be fulfilled? So financially, what are we getting wrong about waiting until we're 65 in order to experience life? there is a real risk especially as our economy changes like our wages versus our cost of living are different than they were 30 years ago and they might continue to be different so i think this hope of you'll absolutely you're guaranteed to be able to retire at 65 that might not be true it might not be true now but it definitely might not be true in 20 years and our lifespans are increasing.

9:13You might be working till 70 or 75. I wouldn't be surprised at all if, you know, in 40 years, there's a lot of 80-year-olds still in the workforce in some capacity. And so if you're going to be working longer, why not take smaller breaks? Why not enjoy those little moments of a month, three months, here and there in each decade of your life so that when you're 65 or 70, you're not like, oh my gosh, I have to catch up on an entire lifetime of experiences that I've let pass me by. You're like, no, I did a whole bunch of really cool crap. Every three or four years, I took a month off or three months off and I've got these 20 cool adventures that I did.

9:59I'm very content continuing to work part-time or to do consulting or to do all these different things that not only bring in money, but when you're 65, 70, if you can let the money that you've invested continue to compound for another five years, it can make a radical difference in how much you have as that yearly income in retirement. Totally. We just talked about this on another episode, but I think so many people get to 65 or in their 40s or 50s and trying to save for retirement. And they go, well, I only have until I'm 65. No, you don't. You're not taking all your money out the day after you quit your job.

10:41You're not liquidating all of your money from the stock market. You have an additional 5, 10, maybe 15, 20 years, depending on how long you live, to be able to continue to allow compound interest to work for you. So I think that's a really important distinction. Okay, so what's the actual difference between a sabbatical and a mini retirement? Is there a distinction? Are they two sides of the same coin? So there's a lot of different names you can use. And I think they all have slightly different connotations to different people, whether you call it like a gap year. People might assume that's a year or a sabbatical.

11:13Like you're going to come back to a profession, a hiatus, a career break, a micro retirement. So whatever word works for you, like go with that. Whatever you're like, I'm resonating with this one. I define a mini retirement. element I like it because it's kind of the most neutral it doesn't have a ton of connotations but as a month or longer stepping away from your primary career you're kind of 95 and then the third thing to focus on something that matters to you so if you kind of get those three elements I think that's what really unlocks something that can be kind of life-changing one of the fascinating things from your book is the idea that many retirements aren't just a break from life their career accelerators.

11:57And you were mentioning this too. Can we talk about how taking this break that might feel counterintuitive, like, oh my gosh, I'm going to take time off work. I'm not going to make money potentially, or I'm not going to get that promotion because I didn't reach my four-year mark or whatever. How is this actually something that can launch your career further and make you more money long-term? Yeah, there's a number of different ways you can utilize this. And one of the reasons I call the book retire often versus like take one epic mini retirement is that by doing this frequently, you can give a different purpose to every mini retirement.

12:35So you don't have to do 20 different things in one and you can do 20 different things just 20 different times. So for some people, you know, taking the time between jobs to help find a better job, a better paying job, a better fitting job can massively increase their lifetime earning potential. I had a friend who took a year off and when he came back to his next job, it was a 50 % increase over his last pay, which you're like, oh my gosh, that's like an amazing win. Nay, nay. Why did he get a 50 % increase? Because he had been at the last company for 15 years. So he had been underpaid, under his market value for years and years and years.

13:24And to be a little bit of a numbers geek, let's say he was making$100 ,000 before and he came back at$150 ,000. For eight years, he left$400 ,000 on the table. Even if his year off cost him$100 ,000, that's$300 ,000. Okay, if you're 40 and invest an extra$300 ,000, not only was your life a little bit more boring because you didn't get to do all these cool things, but you're probably a million dollars poorer. So that's a big factor. Another one, especially for women, if you feel like you have a lot of obligations outside of your 9 to 5, if you have a lot of family or just other things that demand your time, is it can be harder compared to your colleagues who maybe have less demands on their time to do additional training, to do additional certifications, to take classes, to read books, to listen to the podcast and implement it, to do the therapy, to do all the things that would make you even better and more qualified at your job, you might just not have the same access.

14:35So giving yourself this break to focus on those things and create more quality can be massively helpful. And the third big thing is that sometimes we just get tired. I think especially as women, we get tired. Yes. And a mini retirement can help you not just rest and recover from burnout, but like have motivation, have excitement, have creativity, have enthusiasm that you can bring that energy to work. And I liken it to, you know, if you run like a 400 meter race, if you do something, let's say you take a month off and you come back 10 % faster, 10 % faster than everyone else, you don't win 10 % more races.

15:27You win all the races. And in some professions, being 10 % better matters a lot. And it matters in your income, and it matters in your career progression, and it matters in your sales. Sometimes being the best is a huge advantage to you professionally and financially. Even if you're just 10 % better than you were the month before. Yeah. Okay, so how do we actually do this? Like that's my simple question. Like practically, how do we actually do this? Because I can hear the listener who's going, yeah, this isn't for me. I can't do this. I can't take time off work. My boss will never allow it. How do I actually plan to do this in a way where I'm not going to lose a bunch of money and where it actually feels fulfilling?

16:15Okay. Do we want to start financial or career? Because I think those are usually people's two big questions. Like how do I afford it or how do I take the time off? I mean, let's definitely do both, but let's do maybe financial first. Yes. this conversation is already so good and i'm interested to know if you're someone who's considered taking a sabbatical or a mini retirement if you're listening on spotify let us know in the comments or if you're watching on youtube when we come back we're talking about the logistics of planning for mini retirements including how to start small how to talk to your employer about taking that mini retirement and how to start implementing this idea sooner rather than later we'll be right back

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19:07So I have this radical belief that many retirements are accessible for basically everyone. Like if you've figured out your finances to where you can pay your bills month to month, you can probably afford to do this. They're less expensive than people usually imagine. I would say your max budget should be covering your monthly expenses. So kind of whatever your take-home pay is, plus an additional 50%. So if you only bring home$2 ,000, you should have that$2 ,000 plus an extra$1 ,000. Where if you are bringing home$10 ,000, you need to cover that$10 ,000 plus an extra$5 ,000 to pay for this mini retirement adventure.

19:52So one of the reasons they're affordable is that it scales. And usually people who bring home$2 ,000 are kind of used to that lifestyle and that standard of living. and people who make$10 ,000 are used to that lifestyle and that standard of living. So you're kind of doing things that fit what you normally do anyway. So if you bring home$2 ,000, should you take an$80 ,000 around the world cruise? Maybe not. Maybe that's not the thing for you. Maybe it's road trip. Maybe you learn guitar. Maybe you plant a garden. There's lots of really cool things. I took a month off last year and I learned tango for a month and it was amazing.

20:32I gave myself a thousand dollar budget and I spent a whole month learning tango and I'm like, I'm so obsessed. I'm so obsessed with it. I realize I'm doing a mini retirement in February. I'm taking a month off to go to Italy and do a cooking intensive. Yeah. And I wouldn't have phrased that as a mini retirement, but you've just made me do that. So I love that. Yeah. That's what I'm planning on doing is I'm taking a whole month off. I'm not working at all and I'm going to go learn to cook in Italy and I'm so excited. I'm so excited. It's so fun, but also that's like, both of these are really great examples of like, these are an investment in your life moving forward.

21:12Like you're building skills or you're investing in yourself in a way that will continue to pay dividends, like learning to dance or learning to cook, like super useful for the rest of our lives. And also just like joyful and fun. Yes. Yeah. Yeah. Okay. Anything other financial that we need to think about. Okay, so on the financial, so I would think about that, especially if you're starting out and you're kind of earlier in your financial journey, I would think through what are like 20 cool adventures you would want to do? What are 20 things that would be interesting or useful or beneficial? Front load the affordable ones.

21:49The around the world cruise, you can totally do that when you're 70. Like 70-year-olds love to go on cruises. Do the affordable ones. Do the ones that fit into the season of life. You know, in my 20s, I did a cross-country road trip, DC to Seattle and back with my best friend in my green Honda Civic. And we camped and we slept on people's couches. It was so fun. And I'm totally not doing that again. I'm really glad I did it in my 20s. But I don't. I'm 42. I don't sleep on the frozen ground anymore. And my body requires vegetables. So I can't just eat popcorn corn from a gas station. Totally. Diet Cokes, just 10 Diet Cokes a day.

22:27Yeah, totally. So kind of front load the affordable ones, but also you can front load the ones that are going to help you get a better job, that are going to increase your earning potential, or the ones that are just going to make you more money. Like if you want to start a side hustle and if you would love to have a month off or three months off to really help scale that up, do that one in your 20s. Because you might not want to do that one at 65. You can front load the ones that are most useful and then create, I call it like a dream a la carte budget. If you have this adventure of like, let's say for my tango, I was like, okay, I'm going to do group lessons.

23:08I'm going to do private lessons. I'm going to go to this tango festival. I listed out, I'm going to buy tango shoes. I listed out all of these expenses. I put that in just like a spreadsheet because then as you're not even saving money, as you're like reallocating money, it's not towards this huge$3 ,000 goal or$10 ,000 goal. You're like, yeah, I'm going to skip like my kind of boring Chipotle burrito bowl that I get every Friday because next year I'm going to be in Mexico learning Spanish and eating street tacos. So I'm going to trade this one for that one. And it feels a little bit more tangible.

23:47And you can see, hey, actually, if I, I wasn't sure if I wanted to take this like dog sitting gig this weekend. But if I do, that would like buy my plane ticket from Frankfurt to Paris. So yeah, yeah, I'll totally do that. Okay, so that leads me to career. Am I going into my boss's office and being like, ding dong, give me a month off? How does this work? What do I do? Yeah. So there's three ways that you can get this time off. You can negotiate it off from your employer. And I think that's a great place to start. I always suggest starting with a month. I mean, some people jump into a minute every time, but I'm going to do two years in my first around, you can totally just start with a month.

24:29So you can negotiate it off. You can take time off in between jobs. Either you don't have something lined up if it's a little bit longer, or you've gotten your next job and you just ask to delay that start a little bit, which can be great if you're nervous about finding your next job. Or something unexpected can happen. Life can throw you a curveball, usually bad, and you might be suddenly unemployed. And you're like, Like, hey, let's pivot this to a mini retirement. In which case I have kind of like a mini retirement go bag idea that we can talk about. But if you want to negotiate it off, do not make this your boss's problem.

25:06They have enough problems. They're busy and their plate is full and they have their own damn job to do. Like, this is not also their job. So you have to do the emotional labor. You have to do the mental labor of like, what are all the challenges? And come up with solutions. Think about those challenges and then honestly, in this process, articulate that for them. Sometimes people are hesitant to tell you what the problem is. So if you articulate the problem for them, you can move faster into this creative, collaborative space where you're problem solving. But the first thing I have people do is come up with their mini retirement story because you want to create this narrative.

25:53You want to frame the story in the way that's true, but also helpful for you because you don't want them to rely on whatever their assumptions are. And so I have people like four things. It has to be positive. You can't go in and be like, I'm so burned out and I cannot look at any of y 'all's ugly faces anymore. Like I need a month off. We need to make it a positive story. Ideally, interesting. Like learning cooking in Italy, super interesting. Not just like, oh, I want to go home and like watch Netflix. And then specific, which is something sometimes people don't think about. But instead of like, I just want to spend more time with my kids.

26:35Saying something like I, like something that I had done. I did a 10-week road trip to 10 national parks with my kids. It's a very specific way that we're spending more quality time together. And then ideally, something that feels like a one-time event. So, for my 50th birthday, I'm going to go run this triathlon or I'm going to go hike the Camino or I'm taking cooking classes in Italy or I'm going to volunteer with Habitat for Humanity. You're not like, yeah, people hike Kilimanjaro every year. No, they probably do that once and it's awesome and then they move on with their lives. So if you frame those kind of four elements, if possible, and it can sound like, for example, if you went and said, hey, so, you know, my parents, when they retired, they always planned to like bike through France.

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27:24And that's been a big dream for them. As you know, my dad passed away a few years ago, but my mom is turning 60 this year and she's set to retire. I would love to be able to do this trip with her while she's still young and healthy and have this really great quality time with her. I have a week of PTO. I would need an extra three weeks. I can take that off unpaid in order to accomplish this and have this experience with my mom. And then you just say, like, I know that there's some of these challenges, but I've also come up with a bunch of solutions that I think we can work through this. And when you frame it that way, like you're talking to another human.

28:01It's another human being that has similar goals and values and dreams as you. And it's real tough for them to be like, nah, let's not. Right. How do you position it in a way that isn't just, I'm giving more work to my favorite coworker, or they're going to have to cover me for those three weeks. Or even if it's a longer period of time, oh, you're going to have to hire somebody to replace me. Like, how do we think about, do we present that to our boss? Like, I've already thought about the distribution of labor. Like, how do we go about thinking that way? I think it is important to think through the logistics of how can this work?

28:44What are different solutions? And you don't have to come in with a buttoned up plan. There's my 100-point slideshow of how exactly this is going to work. But enough to show I know that this is going to create some challenges, but I have all of these potential solutions. And if you think you might get a little resistance and if you're really committed to this, you can very subtly slide in the possibility that the alternative is you leaving. Because that changes the equation. Because they're not picking between you going on a mini retirement and that being inconvenient. Or I say no and nothing changes.

29:25Either you go on a mini retirement and that's a little bit inconvenient. or I have to replace you. And that's super inconvenient. And your job is to make your mini retirement the easiest, cheapest, simplest solution of the two. No, that's very smart because yeah, replacing somebody is a lot more expensive, especially if the person's great and everybody is listening, does their job great. So yeah, it's a lot harder, especially as I'm speaking as an employer, a lot harder to replace somebody than it is to potentially figure out a solution. Exactly. And riskier. Like it's more expensive and there's risk.

30:04And this is a hang up sometimes people have about negotiating it off is they're like, I'm too important. My work's too essential. Nobody can do what I can do. Like nobody can cover this. And I had a CFO at an event I spoke at being like, I would love a month off. I desperately need a month off, but there's no way they would give me a month off because I'm too important. And I was like, yeah, cool, cool, cool. If you left, how long would it take to replace you? Because like, that's a really important role. That's really hard. He's like, ah, yeah, that's like, that's like probably six months. I'm like, and when they find someone, how long does it take to get them up to speed to hopefully produce 80 % of what you're doing?

30:45He's like, yeah, that's a long curve, like another six months and I'm like okay so they could either give you a month off or they could take a year of this position not being fully filled and the stress of that year totally and they might suck the new person might not be as good as you yeah and so there are you know for people I think that they're like I'm too important in reality if you couldn't go into work tomorrow for whatever reason, they have to come up with some solution. There has to be some possible solution. It might not be as awesome as you being there, but there is a path forward. When we come back, we're talking about one of the biggest blocks we face going into time off, the demonization of rest and the prevalence of hustle culture.

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33:51so one of the things that we experience just living under capitalism is that rest equals laziness or that rest is bad and especially as americans i think this is like in our dna you go to europe and they're like taking like three hour lunches and it doesn't fucking matter but how do we kind of get over that or work through that knowing that everything in our bodies and in our brains is going, you didn't deserve this time off. Who do you think you are taking a month or six weeks off? I think there is this narrative and it's especially prominent in certain communities. Like I grew up in a farming ranching community where like literally a hundred years ago, if you didn't work hard all the time, everyone died.

34:39Like that was just the reality. You starved And you literally Oregon Trail. Yeah. Dysentery on the trail. Yeah. And culturally, there's these strong narratives around work and that's one way to look at things. And I think that was a way that really was important 100 years ago, 200 years ago. That was a very helpful mindset that worked for our great-grandparents and maybe it worked for our parents, but it's not the only way to look at the situation. In high school, I played basketball and we do a halftime every game. Every single player does a halftime. And you don't take this break because you're weak.

35:28You don't take it because you're lazy. You don't take it because you're uncommitted to the outcome or you don't care about the game. You take it because it's the opposite of all of that because you're so passionate about the game because you're so committed to the outcome because you're so motivated that you know this is essential if you want to show up in the second half and bring your absolute best this is what you need to do to show up in that manner and it's an opportunity i think for a lot of people So professionally, you need to rest, but you need to reimagine what this second half is going to look like.

36:10Because I've definitely been in basketball games where you're losing the whole first half and you're super discouraged. And it's really hard to be like, emotionally, we're going to turn this thing around and we're going to show up as a different version of ourselves in the halftime in a 30-second timeout. You need a couple minutes to regroup and reimagine what this can look like. And professionally, it can be so important. If you really care about your outcomes, if you really care about your work and the cause and your financial life, why would you show up as the B-minus version of yourself? Yeah.

36:53I think there's this temptation to be like, there's a lot of honor and suffering. Yeah. And I can just keep going. I can just keep going. I'm doing okay. You know what? It's actually not that bad. I'm showing up at work. I'm doing pretty good work. And to be - No one's noticed. Yeah. Yeah. Not to just be content with that, but to feel good about showing up as this really tired, burned out, discouraged version of ourself. Like, that's somehow better. Better for us, better for people around us. You know, when if you get injured working out at the gym, there's a type of person that's like, I'm just going to keep going.

37:34I'm just going to keep doing that exercise that screws up my shoulder. Like, I'm going to push through it. And then there's another person that says, huh, I got injured. Maybe I should take a couple weeks off and recover and then come back to the gym at 100 % so that I don't just spend my whole life injured and limping through it. And in pain, totally. Yeah. Yeah. You have this amazing idea for how employers and business owners can implement mini retirements into job structures as a benefit. We at Her First Under K actually offer a week off paid quarterly and then unlimited PTO to our full-time staff.

38:14And I say unlimited PTO knowing that some people are going to be like, nobody takes time off. They do. This is not a startup unlimited PTO where no one actually takes time off. What do you think would happen if every employee in the U.S. got a paid month off a year? Because that's what we end up doing. We give a week paid off a quarter. So they guarantee get a month off. So the 12th of the year, they're not working. So how would that change work, burnout, performance retention? How would that change everything? I think it would change everything. I mean, there's so many. I put a whole chapter in the book of like, just real quick, 10 ideas of how this isn't just good for your employees.

38:55it's good for you as an employer. You mentioned retention. So if you imagine a person knows they're going to get a month off every year, as long as they work there, those people start, they start planning this out. Like, hey, how about next month? How about next year? We'd like, what if we take the whole family to Mexico? That would be really cool. The year after that, we could do that cooking class in Italy. And oh my gosh, you know what? Then my parents, they're probably going to be retiring. What if we did a hiking trip through Ireland with them? And all of a sudden, they've got like the next seven years.

39:29They're not just leaving you as an employer. They're leaving those dreams, all of those things that they've imagined that they're excited about. If they walk away from your company, they're walking away from all of that possibility. And so there's a lot of, in the creativity, in the performance, in the excitement, and the engagement, but also in the cross-training and in the resilience of your teams and in your company. In every company, there are some people who gather up all of the information and know all of the things and do all of the things. And they're amazing and they're such high performers and we love them, but it makes everyone around them slightly more incompetent.

40:16and the only way we're going to distribute that information and that skill set is if we pluck these high performers out and kick them out for a month and make everyone else like step up and learn the things no that's so true i didn't think about that but then your company's more resilient because it's not just one person who knows all of the things you have that motivation and you have that deadline to transfer that information. Let's say you have an employee that you're thinking about promoting into a role, but you're not 100 % sure if they can do it. Will the person who has that role send them on a mini retirement for a month and give this person a chance?

40:56Let them take over 60 % of that person's role for the next month. See how they do. Test it out. Sample it before you make the commitment. And it's good for those employees because it's exciting. To have that opportunity to stretch your skill set and to learn and to have that additional training, it makes your work feel more dynamic. So it has so many benefits. And I think that the companies that have a little bit more of that visionary mindset and that holistic mindset are going to say, this is going to be our competitive advantage. In 50 years, everyone will do this. But for the next 20, we're going to crush it and we're going to be the first out of the gate.

41:41Yeah. Okay. So one of the things I keep thinking about as we're talking is how do we make sure we're doing this proactively and not as a, I'm so tired and so burned out and I'm ready to burn my whole life down. Like, how do we make sure that we're doing this in a way that is proactive as opposed to reactive so that we don't potentially look back and go, oh, I regret quitting my job that I actually kind of liked or at least tolerated because I was just like, I was just so tired. Yeah, I think it is one of the hopes. I hope even if people aren't like, I have my next mini retirement planned. I hope they read the book to get this vision of what it could look like, what this model could look like.

42:31what if I decided you know I'm going to take a mini retirement every three years and you're 24 and you're like so two years in I'm going to request I'm going to negotiate a month off or I'm going to negotiate three months off and then in between when I switch jobs I'm going to take a three-month gap and that just becomes your standard operating procedure that every two years, every three years, every four years, you're like, this is going to be my rhythm. This is going to be how I move through my career. I'm going to have periods of intense work and then intense rest. And the reality is some people enjoy that rhythm better.

43:15Some people function in that rhythm better. There's people who like the kind of HIIT workouts And there's people who like to slow and steady. And some people love working hard. They love being intense. They love being all in and super passionate. And that's amazing. But you have to counterbalance that with rest and periods where you fully disconnect. and I think I was a person that felt guilty about that, like being that way. And I was always trying to like just go 80%, just like be more sustainable, go 80%, like have better boundaries instead of just being like, this is who I am. Like I like to go beg and then I like to like go home and do something else.

44:00Totally. And make that part of the plan. Yeah. Yeah. When I think about certain moments in my life that were supposed to be the vision I had, I think of like, you know, in my, I was 20, 1920, I studied abroad and I remember thinking, oh my gosh, this is going to be incredible. I was in Ireland and I'm going to be here and I'm going to be in Europe and it's just going to be great. And the first month of study abroad was one of the worst months of my life. Like it was, it did not stop raining. My Irish roommates were like dealing drugs out of my house. It was like, I really didn't have any close friends there.

44:44It was so isolating. And I was like cold and wet and miserable and not sleeping. And I remember thinking that whole time. And again, I have matured enough to know that this is not necessary. This is not helpful thinking. you should just be grateful you're here. Like people would kill to be in Ireland. People would kill to be on a study abroad. You just need to suck it up and be grateful you're here. And one of the things that I love that you talk about in your work is it's like, it's not always going to be rainbows and daisies and luxury and sitting by a beach with a little pool or umbrella and your drink.

45:20Like it's not all going to be that. So can we talk about some of the challenges you've experienced and how do we navigate those, especially if we've dreamed of this mini retirement and it's maybe not all it's cracked up to be? Yeah. I mean, I've been talking about this for so many years. So I've had the opportunity to talk to hundreds of people who have done mini retirements. And it's funny because they have concerns going in. Concerns usually around money and employment and healthcare. And that's not what goes off the rails. They're like, no, actually those things were fine. That worked out great.

45:59We had some other problems. And I think people can internalize that as like, this is a me problem. This is really specific to me. This isn't something everyone else is going through. When in reality, there can be some really common challenges. One of those is you might be more burned out than you think. The function of burnout, it's really incredible in a sense. Burnout is what allows us to move through a difficult thing to get out of it. If you're in a war-torn country and you have to go somewhere else, if you have a famine, you have to travel for six months, burnout will get you through that.

46:46And in part, it does it by making sure you don't feel so tired that you just like lay down and die. Like it keeps you moving forward. But sometimes once your body has access to rest, it fully feels how tired you've been. And so there can be a situation where people are like, I'm going to go on this mini retirement. I'm going to do a hundred things and it's going to be awesome. And then their body senses, oh, we can sleep now. We can rest. And it like hardcore shuts down. But the problem is people internalize that is that it means something about them. and recovering from burnout can be a little bit like recovering from the flu and you're not motivated and you want to get up and you don't want to unload the dishwasher and you're tired and you want to rest it would be crazy to be like why am I so lazy why why can't I function why don't why am I not a motivated person why don't why am I not ambitious why am I not getting stuff done maybe it's because I'm not at work maybe work's the reason that I can accomplish a lot as a human being.

47:57And without work, look at me, I just lie in bed and take naps. No, you're recovering. People can create this whole narrative in their head about essentially how they're a bad person because they feel tired. And the helpful reframe, if you know that this can happen, if you're expecting, I might be more tired than I thought, is to go, huh, man, I'm really tired. It's a good thing I can take a nap because I'm on a freaking mini retirement. and just move on with your life. So even if you have like a bunch of plans and a bunch of travel, but you suspect you might be burned out, I tell people just travel a little bit slower, be more flexible, like don't overschedule it, don't overcommit yourself.

48:42If you're not feeling motivated, give yourself that day or two to just chill out and go to a cafe. You don't have to do all of the things right away, but it's stuff like that that can really trip people up and take what should be a really incredible mini retirement and make it like, ah, this wasn't exactly what I was envisioning. Yeah. I always think, and I know Kristen will feel the same way too, especially as actors, this would happen where it was just crazy. This happened almost every time. I wouldn't get sick for the entire run of the show. And we do our last Sunday matinee and I'd wake up Monday and I'd feel like death.

49:24Like I'd have a sore throat. I'd have a fever. Like I would feel terrible. And it's like my body knew it was like, every time it was like, okay, we're getting you through the finish line. And then I'm breaking down on you. And like, that's literally what you're describing, which is like, you go, you go, you go, you go, your body sustains you till that point. And then the moment it gets rested, like, thank God, here we go. I'm going to give you everything. I'm going to give you the sore throat and the mucus. And here we go, buddy. You're just going to have to deal with that. But it's really more remarkable.

49:54And I've never heard somebody phrase burnout that way, but you're exactly right. It's like the thing that's getting you through all this stuff. And the crazy thing is, is that especially in American culture, we can, if burnout is like allowing you to run away from the bear to get out of that situation, we go, hey, we're pretty, we're pretty good at running from bears actually. I think we're doing an okay job, maybe we should just run from bears all the time. And it's like, well, no, that's not, burnout isn't helping you stay in a bad situation. Burnout's trying to help get you out of it. It's trying to help get you through it.

50:31And so for the people who are like, but I think I'm doing okay. Like, I think I'm, you know what, I'm surviving. Like, burnout's trying to get you to someplace better. And so allowing ourselves to move through things instead of just staying stuck in places that we shouldn't be. Yeah. Okay. Let's say somebody listening is like, I absolutely can't do this for whatever reason they come up with. I just, I can't do this. Now, I think the first thing we would both say is like, you might be able to, even if you're telling yourself you can't. So actually explore that. But are there like ways we can live our lives or steps we can take to feel like, is it mini retirement light?

51:16You know, like what ways can we experience what a mini retirement has to offer, even if we can't take one? When we come back from break, we're finishing up our conversation with Jillian, where she answers what mini retirement can look like for someone who thinks they truly cannot do it. See you soon.

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54:05I think there's a lot of benefits to practicing, to practicing whatever the thing is that that intention that you want for your mini retirement, even if you can't imagine how this is going to transpire. Like I said, maybe I think that I think it's an Elizabeth Gilbert quote. She said, sometimes when things are really bad, the prayer I always say is, Lord, please make this much, much worse. Is that a Liz Gilbert quote? I feel like I know all the Liz Gilbert quotes. That's so good. I'm literally going to Google it. Because sometimes until something gets much, much worse, we won't act. We won't move.

54:50We won't get out of it. We'll stay stuck. and so if things are really bad and you can't imagine a mini retirement things might get a whole lot worse and then a mini retirement opens up so I think starting to practice that because you never know so if if you want more adventure like starting to adventure more you know if you're like I want to do I want to travel with my kids one of the great ways to practice that is to leave your house at like eight in the morning with your children and don't come home until 7 p.m. Figure it out. Figure out where you're going, how you keep everyone happy, how you keep everyone fed, how everyone gets their naps, like how do you survive just in your community out doing fun things for a whole day?

55:39Because then when that opportunity opens up, either because you get laid off or you switch jobs or your mom gets cancer and you need to take life like FMLA, like whatever that is, you'll have started moving in that direction and you're more ready to pivot into that, that thing that you really want to do and need to do. My final question for you, what is one thing that somebody can do? What's one step that they can take to get closer to that mini retirement? it. I would start by imagining what it is you want to do. What are those dreams? Because you need to have, you have to start with the motivation.

56:23You have to start with the vision. Before you start with all the questions and all the logistics, like, is there a carrot? Because all of this stuff, I think in the book, I tried to do a really good job of like every concern, every fear. Here's the step-by-step. Here's exactly how you take care of this. and I think that it's very easy and doable and it's a pain in the butt it's a hassle it's so much easier to just not change anything yeah keep going with your life yeah so starting with that vision of what would fit into this season of life what do you feel like if we don't do this in the next five years it's just gonna pass us by yeah what's the thing that is important and urgent right now?

57:06What's the things that's not fitting into nights and weekends? And start to just journal about that, vision board about it, talk to your friends about it, however you process that, because that's going to give you that motivation and clarity of, so what are the logistical steps that I need to do to get closer to that? I would also encourage people, anybody listening who's thinking about the cost of this, both, you know, financially, your career, like, oh my gosh, what, how much time, the stress, the talking to my boss, like the cost of that, the cost of you not doing it is going to be way worse.

57:45Like the cost of you not taking a break, the cost of you not doing, uh, hiking Machu Picchu while you're young and healthy versus waiting until you're 65, like the cost of not thinking about this or planning it or trying at the very least, that's much worse. That's a way bigger price to pay than the logistics and the potential lack of earning for that month, right? Like that's not the cost. The cost is you not doing this. And the reality is before you do it, the risk and the hassle feels enormous. and the benefit feels like modest. You know, every time we used to do really big road trips every winter and leaving our house with all five kids for, you know, three to eight months is like such a pain in the butt.

58:41And the two weeks before, I'm like, oh, dear God, what have I done? Like, this is so much work and I'm so stressed. And it feels so big. But the reality is with these mini-retirements, in the rearview mirror, after the fact, five years later, 20 years later, 40 years later, when you look back, the further you get from it, the hassle you kind of forget. It gets smaller and smaller and smaller. And the meaningfulness, the joy, the value it brought to your life, it expands. The further you get from it, the bigger those things feel. Like that 10-week trip to those 10 national parks oh god I look back now my kids were so itsy bitsy they were so little and adorable and like they just loved being with us so much and it was like and now like I mean I still love my kids but they're like junior high and high school and like it's a whole different vibe now yeah and the meaningfulness that that feels is honestly like 10 or 100 times more intense than when I was even living it.

59:45Because when I was living it, like it was snacks and diapers and strollers and making sure everyone had their coats. And like, but now I look back and I'm just like, oh God, I'm so glad we did that. Like I will cherish that forever. Yeah. Oh, you're making me a little teary. Yeah. And I think that's the feeling we want for everybody listening is both, you know, a great experience in the moment or at least, you know, you're learning something new. Maybe it's challenging, but it's a new experience and that you can look back and be like, wow, I'm really glad I did that as opposed to making somebody, my stupid boss, richer.

1:00:23I'm really, really glad I did that. Okay. Thank you so much. This has been so helpful. I'm so excited to watch everybody listening take their own retirement and hear what that is, their own mini retirement. Where can people find out more about you and your book? Yeah, retireoften.com. you can find the book coaching I've got a newsletter it's super unhinged so like if you like that sort of thing I don't know what's it about I don't know when do we send it who no idea it's a surprise to all of us we're all surprised together and on social media I'm at Jillian Johnsrud amazing thank you thank you so much to Jillian for joining us you can get her book retire often which has every single strategy we've talked about in even more detail and I'm so excited to read it.

1:01:10I got a copy coming to my house right now. Thank you as always for being here, Financial Feminist. Thank you for supporting feminist media. And if you aren't already watching on YouTube, we release all of these episodes in video format over on our YouTube channel. We would love to see you there. Thank you for being here. Thank you for being Financial Feminist and we'll see you back here soon. Bye. Thank you for listening to Financial Feminist, a Her First 100K podcast. For more information about Financial Feminist, Her First 100K, our guests and episode show notes, visit financialfeministpodcast.com.

1:01:41If you're confused about your personal finances and you're wondering where to start, go to herfirst100k.com slash quiz for a free personalized money plan. Financial Feminist is hosted by me, Tori Dunlap. Produced by Kristen Fields and Tamisha Grant. Research by Sarah Shortino. Audio and video engineering by Alyssa Midcalf. Marketing and operations by Karina Patel and Amanda LeFue. Special thanks to our team at Her First 100K. Kaylin Sprinkle, Masha Bakmikyeva, Sasha Bonar, Ray Wong, Elizabeth McCumber, Daryl Ann Ingman, Shelby Duclos, Megan Walker, and Jess Hawks. Promotional graphics by Mary Stratton, photography by Sarah Wolfe, and theme music by Jonah Cohen Sound.

1:02:21A huge thanks to the entire Her First 100K community for supporting our show.

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From the publisher

What if everything you’ve been told about retirement is a lie? For years, we’ve been sold the idea that we should grind it out for 40+ years and finally start enjoying life at 65 — but what if that model is broken? In this episode, I’m joined by author and financial coach Jillian Johnsrud to talk about why the traditional retirement plan is failing us and how mini-retirements can give you freedom, fulfillment, and even more money along the way. We’re unpacking exactly how to afford extended breaks, how to negotiate time off without tanking your career, and why rest is one of the smartest investments you can make. 

Jillian’s links:

Website: https://retireoften.com/

Book: https://lnk.to/retireoften

Instagram: https://www.instagram.com/jillianjohnsrud/

Planning worksheet: https://retireoften.com/mini/ 

Negotiating worksheet: https://retireoften.com/onemonth/ 

To get more resources including any freebies mentioned in this episode, head to https://herfirst100k.com/ffpod
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