In this episode: FI in your 20s, the boring middle, compounding, fat FI, compounding, checkpoints, and building a life.
This week we are joined by Doug and Carl from the Mile High FI podcast to talk about their respective FI journeys and answer a listener question about pursuing FI in your 20s; as well share some tips for enjoying the experience and navigating times in the journey that can feel a bit slow. While figuring out your FI goal requires you to do some work to figure out your FI number, that number and the steps you take to reach that goal are all unique to the individual. That being said, it can be tricky at times to know if you are on the right track when the journey to FI is different for everyone. Remember, although this journey is about reaching financial independence, it’s also about changing and creating the life you want and joining a community that will always inspire you when times feel slow.
Mile High FI:
Timestamps:
Resources Mentioned In Today’s Episode:
488 | The Courage to Take Action | EconoMe LIVE with Doc G
487 | Military FI: Optimizing Your Financial Plan before Military Retirement | Daniel Kopp, CFP
486 | The Wealthy Educator | Chris Travers
485 | Mailbag: Spending Down to Zero, High Fee 401k, Mini Retirements | Rachael Camp
484 | A Family Journey From Debt to Early Retirement in a Decade | Joel and Emily Allen
483 | Effective Giving for the FI Community | Rebecca Herbst & Jack Lewars
482 | Update: Are Remote Tech Careers Still Relevant in 2024? | Bradley Rice
481 | Mailbag: Long-Term Care, Aging Parents and their Finances | Danielle Miura
480 | Update: Healthiest Year Ever | Dean Turner
478 | 2024 Investing Update | Brian Feroldi
477 | The Hot Seat: Community Edition
476 | Love, Loss, and Money: The Shocking Financial Aftermath of a FI Spouse’s Death | Amy
475 | How to Access Your Retirement Accounts Before 59.5 | Sean Mullaney
474 | Social Security Deep Dive | Denis Shapiro
473 | Are We There Yet? 'Retire Early' Case Study
472 | The Cure for the Boring Middle | Fioneers
471 | Mailbag: Inflation and FI, ACA Subsidies, Roth vs. Trad and More | Cody Garrett
470 | The Spectrum of Financial Independence | Chris Hutchins
469 | A Tale of Action | Navish Bahl
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