Family Man Retires at 39 – Extreme Early Retirement | FIRE

Tim Stobbs is married with two children, and he retired from his career at 39 years old. How did he do it?! In this video we ask him about the lifestyle changes he and his family made in order to reduce their spending, increase their savings, and invest enough money so they could afford to quit their jobs and live off the interest from their investments.

Tim retired in 2017 and now spends more time with his family, and on hobbies like wine-making, Dungeons and Dragons, writing, and being creative. His wife has recently closed her home-based childcare business and is planning to work for a few more years.

Tim has also started working part time at the local library which naturally raises the question: is he really retired? And the answer we’ve heard from him and other early retirees is that working after you retire is now a choice, so you can choose work that you enjoy, and you can choose to work part time if you wish. So you enjoy your work more, and you have a better work life balance. Sounds like a win-win situation to us!

If you’d like to learn more about Tim’s journey to retiring early, check out his blog and his book, linked below!

Tim’s Blog:
Canadian Dream: Free at 45

Tim’s Book:
Free at 45 in Print (Amazon):
Free at 45 eBook:

For some additional reading about early retirement, reducing spending, and investing, check out these blogs:

Canadian Couch Potato:

Mr Money Moustache:

Incoming Assets:

Thanks for watching!

Mat & Danielle


Facebook: /exploringalternativesblog
Instagram: @exploringalternatives


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Music & Song Credits:
All music in this video was composed, performed, and recorded by Mat of Exploring Alternatives.

Editing Credits:
Mat and Danielle of Exploring Alternatives

Filming Credits:
Mat of Exploring Alternatives

33 Replies to “Family Man Retires at 39 – Extreme Early Retirement | FIRE”

  1. RetroK

    @ExploringAlternatives Please find someone who was able to retire early who lives in the GTA and with more in depth info on investing (would love to see if this is really possible).

  2. Barry

    Is it just me or does their net worth seem incredibly low to retire on? $US 700,000 (assuming the funds are in Canadian dollars on his website). This is putting a lot of faith in a stock market, that by many accounts is significantly overvalued.

    I am single with large income from investment properties (looked after by a manager- very little "work" for me)…..seems a lot safer bet than relying on the stock market in my humble opinion. I am 56 and "retired", no debts, travelling the world 8 months of the year.

    I do give them credit for living a realistic lifestyle, being frugal and focusing on family. I wish them all the best. I find the vast majority of you tube FIRE people have a working spouse or part time jobs . My advice would be to focus on revenue producing assets- real estate-

  3. Kaamran Mohammad

    Very happy for this gentleman..he's pulled off that which most people can only think of..

    Just one point- don't consume and feed your wife and children usrurious money – nothing good can come out of usury.

    Good luck and God bless.

  4. J. C.

    This works great for people bringing in $200k a year and have been wasting tons of money. Not so much for those of us surviving on $25k who are already doing all of this.

  5. alessandro Cipollone

    The video title is a misnomer, almost click-bait like. This family man is not retired- he retired from his previous full-time job to take on another part-time job. Title should read "Family Man Leaves high paying Engineering Job to Work Part-Time at Library and Play With Toys in His Basement While His Wife Continues To Run a Daycare Service to Pay the Bills and Support Family". Sorry but this guy is a joke. He's cheap, child-like, looks like a wet-noodle and not as financially savvy as this video would lead the viewer to believe. The two of them combined only have about $640K CDN($450k USD) in savings and about 50% of that is tied up in low-interest paying savings accounts. No wonder they still rely on her Daycare Service to bring in the vast majority of their living income. He still earns about $13k/yr from his library job but she is bringing in about 75% of their living income while this guy is in his basement playing with children's fantasy toys. This man is lucky to be married. I honestly don't know of any woman who would put up with this guy's nonsense.

  6. Plantbased Sim

    Due to serious illness in the past I still get tired quite quickly and therefore can only work part time. I work everyday until 14:00 pm max. The fact that I can't work more hours has many disadvantages but the good side to it is that I feel quite free even though in my free time I don't have a lot of energy. It's nice to go home or take a walk after 5 hours of work instead of being in an office all day. I love my job but I feel working part time makes me more creative. The idea of retiring so young seems a bit extreme to me, part time work gives a sense of purpose, financial stability and leaves space for others things and family and friends

  7. Frank

    I retired from the Army at age 37 (Permanent Disabled Retired List), I backed it up with Monthly & Quarterly Dividends and I am now 53, living in Sunny Florida, and have not worked a day since I retired from the Army in 2004. Always have a back up plan.

  8. Lost In Life

    I am retiring this year as well but retiring from the military. We are paying off bills beforehand the last active duty paycheck. If I could only get the wife to want to sell our 2100 sq ft house and get something smaller we could both retire at 40. Or just work part time.

  9. caraamor

    Although I appreciate that this content is supposed to be inspirational, it really isn't terribly helpful to the working poor of Canada. Despite having a degree which took years to pay off (and tuition was the smallest part of my university expenses… rent, groceries, utilities and books were the lionshare) I still found myself in low wage/minimum wage jobs and alone with 2 small children. I worked through university and also worked full time (often 6 days a week) through the rest of my life to support my little family and I can attest that no matter how much you scrimp and budget, there is just no way of making significant savings for retirement on $1200 a month income. I was lucky enough to buy cheap rundown houses and taught myself the skills to make them livable. If you live in Canada and want a realistic mortgage try New Brunswick or Manitoba. When I moved to New Brunswick from Ontario in my 50's I was told there was no work here but my new partner and I found jobs immediately… they are out there if you are willing to work! And the icing on the cake is that houses can be bought out here for $20000 or less… sure they need some work but it's still less than $60000 when all is said and done. I really enjoy this channel but please try to also include content for people who actually have to survive on poverty level incomes! All the best from the beautiful and natural East Coast!

  10. K R

    It seems sad to me to be in a skilled job where you have the opportunity to make an impact, or at the very least, a contribution to society, but for whatever reason, the goal is to just get out of it as soon as possible. I get that work-life balance was off, but what about part time Engineer or consultant work? Does it have to be as drastic as making full-time leisure the goal? Having said that he seems very happy. Also, I don't think you can call it FIRE when one spouse still works, JS.

  11. Fe Freire

    Frugal, for frugal people. Mu vision of early retirement is a little bit more carnívoros, even in offgrid plans, with still money geting in, for can to enjoy more of the life, and better back up options plans. even If priorizing, its better can to do more. And do not to do stuffs, Just becouse its a choice , and not a Financial need. The early retirement FIRE is extreme! Can to be a start for to get out of the system as soon as possible. But have online options for that and with profitables ways. To me, makes more Sense to enjoy more of My time life, and specially of My youth when This still, and not for to live as a past's generations elder sooner.

  12. Haley Padgett

    This guy is awesome!! What practical, useful, genuine advice! Can’t wait to read his blog and book 🙌 Thanks so much for continuing to make diverse alternative living videos like this. ❤️

  13. Fitness Knowledge

    Every body should be able to retire before there 30 work really hard don't get in debt with banks and don't live in ur country That u live in and go do work aways world wide i retired at 35 and got out of all debt and thought fuck this why do want to pay 4 dollars for some thing when i cab get it for 80 cents some else same bottle same company. Its the government what charge all these fees whats make u think that's the way to live .

  14. it's me, Georgina

    Why do we imagine people who retire early are some kind of heroes? He retired at 26!!!!!
    My hero is the opposite,, businessman or doctor or the queen of England, working full force past the age of 80

  15. KeiaJinFilms

    I love this channel lots, and as a librarian, I am super happy that this dude found fulfillment in being around books…

    …but I have to admit that this isn’t the type of alternative living id normally expect from exploring alternatives.

    This lifestyle is incredibly unrealistic for most, especially those without racial or gender privilege – and anyone living in a country where there are crappy or no social services (as an American, I had a rueful lol at the part regarding his healthcare costs).

    I love that so many of the options shown on this channel are achievable. This guy’s privilege allowed him to make the right choices. There are *so many people who will never break even or break out of debt, never mind retire early, regardless of what choices they make.

    Pretending that this lifestyle is accessible to most of us is silly, and not in the spirit of the awesome vids normally featured here. Give me more tiny houses and vans and lives built from scratch and in spite of adversity – not a story about a guy who made reasonable choices and is skating by on exploitative market forces.

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