Podcasts about early retirement

I'll begin with a secret: I never cared much about the nuts and bolts of personal finance (the means), but I was rather enamored with the idea of a financially secure life (the ends). In 2018, climbing media was still full of narratives glorifying the poor dirtbag ideal, but that didn't align with my lived experience. I wanted to climb hard, while also yearning for meaningful work and financial security. That's the first half of this story.  Support this project: Buy Me a CoffeeSubscribe to the newsletter: SUBSCRIBE ME!Show Notes and Links at Clippingchains.com

Western Iowa Tech Community College officials are pondering an early retirement package for a few employees, including the president.

Two unique individuals, two curious stories. Order the official Cabinet of Curiosities book by clicking here today, and get ready to enjoy some curious reading!See omnystudio.com/listener for privacy information.

George and Weezy in the land of Lincoln will have deferred compensation and wonder if they can retire in mid-2026, or even earlier. Will they have enough? Should Jenn in Ohio move with work, take a break, or just retire? She asks Joe Anderson, CFP® and Big Al Clopine, CPA for a brutally honest spitball, today on Your Money, Your Wealth® podcast 538. Plus, Seth isn't sure if he can afford to stay retired at age 52, and whether he should convert his retirement savings to Roth, so he uses an AI voice to ask the fellas for his spitball. And Leon uses his real voice to ask whether REIT ETFs are a good way to get into real estate investing. (Until Big Al returns from his extended European Vacation, enjoy an encore presentation of these questions from an October 2024 episode of Your Money, Your Wealth podcast.) Free financial resources & episode transcript: https://bit.ly/ymyw-538  Test your knowledge: take our Retirement Pop Quiz Watch Retirement Pop Quiz: 18 Questions To Get You Ready to Retire on YMYW TV Download the Retirement Readiness Guide for free Email Us and Request a Free Copy of The Best of Jonathan Clements: Classic Columns on Money and Life on Kindle!  Watch or Listen to “The Payoff is Huge”: Jonathan Clements' Final Initiative to Empower Lifelong Savers ASK Joe & Big Al for your Retirement Spitball Analysis SCHEDULE your Free Financial Assessment LEAVE YOUR HONEST RATINGS AND REVIEWS on Apple Podcasts SUBSCRIBE or FOLLOW on your favorite podcast app JOIN THE CONVERSATION on YouTube DOWNLOAD more free guides READ financial blogs WATCH educational videos SUBSCRIBE to the YMYW Newsletter   Timestamps: 00:00 - Intro: This Week on the YMYW Podcast 01:03 - Can “George and Weezy” Retire in 2026 or Earlier With Deferred Compensation? (IL) 12:17 - Pop Quiz, Retirement Readines Guide 13:02 - Should I Move With Work, Take a Break, or Retire Now? Be Brutally Honest (Jenn, OH) 17:43 - Can I Stay Retired at Age 52? Should I Convert Retirement Savings to Tax-Free Roth? (Seth, Montana, AI voice) 24:34 - Ask Joe & Big Al for your Retirement Spitball Analysis, Schedule a Free Financial Assessment 25:30 - Are REIT ETFs a Good Way to Get Into Real Estate Investing? (Leon, Chicago - voice) 33:56 - Request a Free Kindle Copy of The Best of Jonathan Clements,  Watch or Listen to “The Payoff is Huge”: Jonathan Clements' Final Initiative to Empower Lifelong Savers

In this episode, we dive into a topic that's becoming more and more urgent: how healthcare professionals can financially prepare for the possibility of career burnout. We know from data and personal experience with clients that burnout is hitting this sector hard—over 50% of healthcare professionals report symptoms, and a significant number are considering stepping away from their roles entirely. So, we tackle this issue head-on, not from a medical standpoint, but from a financial planning perspective.We start by emphasizing that prevention is key. Just like in medicine, the best remedy for burnout is early action, and that begins with building a solid financial foundation. We explore how consistent savings habits—even when it feels unnecessary—can offer crucial flexibility down the line. Setting aside 20% or more of each paycheck, creating an emergency fund with 6–12 months of expenses, and maintaining liquidity outside of retirement accounts are all smart, actionable steps. We also stress the importance of not delaying financial planning because you assume higher income gives you more time to catch up later. That's a trap we see too often.Next, we look at how to create income flexibility if burnout leads to reduced hours, a role change, or even early retirement. We talk through the importance of evaluating disability insurance—especially with mental health in mind—and how thinking ahead about possible career pivots like consulting or teaching can reduce stress. We also dive into the importance of building passive income streams and using investment strategy to bridge income gaps without needing active work.For those considering early retirement, we advise updating retirement plans immediately to identify any needed changes, recalibrating spending, and optimizing the timing of account withdrawals to minimize taxes. We also cover how to smartly use pensions and healthcare benefits, especially when considering stepping away. Timing really matters here, and small adjustments can have outsized financial impacts.Finally, we go over tactics to manage financial obligations during a career break—reducing debt, refinancing, and communicating with lenders. We talk about using COBRA, marketplace insurance, and HSAs to maintain healthcare coverage. The bottom line is that being proactive with money gives healthcare professionals the power to make the best choices for their well-being—financially and mentally—before burnout forces their hand. To get in touch with Amy and her team at Thimbleberry Financial, call 503-610-6510 or visit thimbleberryfinancial.com.

What's your financial independence number (FI/FIRE number)? Are you being too conservative, or are you cutting things close? Do you even have one? Today, we're taking a deep dive into this hotly debated topic to help you build a nest egg that will support your early retirement! Welcome back to the BiggerPockets Money podcast! How much money do you actually need to retire? For years, the four-percent rule has been the “official” stance of the FI community. But why is it, then, that so many people continue saving and investing when they can comfortably retire? In this episode, Scott and Mindy talk about their own FI numbers, how they calculated them, and how their financial positions have evolved over time. You'll learn whether the four-percent rule still works today or if you need a larger buffer! If you're worried about inflation, one of the best things you can do is keep your living expenses in check. This might seem out of your control, but there are several ways to either lock in certain costs or eliminate them entirely. We'll discuss the many advantages of a paid-off house, self-managing your rental properties in retirement, and a one-time investment that could help you save thousands of dollars over your lifetime! In This Episode We Cover How to calculate your financial independence number (and when to adjust it!) The four-percent rule explained (and whether it still works in 2024) Why most people chasing FIRE don't retire on the four-percent rule How to control your expenses and protect against inflation in retirement The “home run” investment that could save you thousands of dollars And So Much More! Learn more about your ad choices. Visit megaphone.fm/adchoices

Greg is overwhelmed by menial studio tasks Courtney usually takes care of // Tully Banta Cain randomly stops by to talk about his beach football league // Wiggy's fired up to go see Wu-Tang Clan at the Garden tonight //

Dental practice owners Dr. David Salomons and Dr. Adam Underwood share their transformative experiences partnering with Four Quadrants Advisory. Dr. Salomons, initially skeptical, credits the collaboration with accelerating his retirement. Dr. Underwood, a newer owner, valued comprehensive guidance from the start. Both dentists highlight how an external team handling business and finances freed them to focus on patient care and reduced stress. They advise other practice owners to seek expert guidance to achieve the next level of success.Interested in more info on how to: Earn More, Save More, and Retire EarlyUpcoming Tour Dates: Go to our EVENTS page for infoFacebook: Four Quadrants AdvisoryInstagram: @fourquadrantsadvisoryLinkedIn: Four Quadrants Advisory

‘That money has gone, and I just wanted to emphasise how scary that is', says Advocate Brett Ladouce.

Financial freedom isn't just a dream—it's a reality for those who embrace smart investing strategies, and Dr. Christopher Loo is living proof. In this episode of the Freedom Point Podcast, Dr. Loo shares how he reached early retirement by age 38, using a mix of real estate investing, stock investing-trading, multiple streams of income, and strategic risk management.We explore how he built passive income through single-family rental properties, especially during the 2008 financial crisis investing window. This episode is especially valuable for those interested in investing for physicians, as Dr. Loo explains how high-income professionals can create a realistic plan to escape the time-for-money trap.If you're searching for answers on how to break free from a demanding career, create passive income, or understand the mindset needed for early retirement, Dr. Loo's journey will resonate deeply. His story isn't just inspiration—it's a guidebook to aligning your investing strategy with your goals.

On this episode of Your Retirement Radio Podcast, Kevin discusses the challenges and strategies associated with early retirement planning. He emphasizes the importance of considering longevity, healthcare costs, and the need for a diversified investment strategy that includes both guaranteed income and market-based investments. The discussion also covers the limitations of relying solely on 401(k) plans and the necessity of creating a comprehensive retirement roadmap to ensure financial security in retirement. Get Your Complimentary Retirement Roadmap Your roadmap will include: A retirement income strategy A test to see how long your money will last A tax-planning strategy See omnystudio.com/listener for privacy information.

In this Topical Tuesday episode, I spoke with Scott Trench, who is the former CEO of BiggerPockets, and the author of Set for Life - Dominate Life, Money, and the American Dream. He's also an investor, a financial freedom advocate, and the co-host of the Bigger Pockets Money podcast. Be sure to tune in if you're interested in learning about: How Scott built financial freedom through frugality, house hacking, and small multifamily properties Why many “FIRE” investors struggle to actually withdraw from their portfolios, and what to do instead Lessons from investing as an LP in syndications and how to assess operator credibility and deal quality Scott's outlook on multifamily real estate and what to expect in the next few years To your success, Tyler Lyons Resources mentioned in the episode: Scott Trench BiggerPockets Money Podcast YouTube Instagram LinkedIn   Interested in learning how to take your capital raising game to the next level? Meet us at Capital Raiser's Edge. Learn more here: https://raisingcapital.com/cre

Ready to take control of your retirement? Start your Retirement TEAM Action Plan at ARHQ.com or call 419-794-3030 to speak with a retirement planning specialist today! Are you ready to retire? Discover the critical truths about retirement planning with Nolan Baker. Learn how to avoid costly mistakes, master income withdrawal strategies, and uncover hidden risks that could derail your future. From taxes to healthcare to the power of a retirement coach, this episode is your fast track to financial confidence. Don’t just save—strategize. Your retirement clock is ticking—download now and take control of your financial future! About America's Retirement Headquarters: We are dedicated to helping retirees achieve the retirement they deserve. From crafting personalized retirement income strategies to providing a single location for all your retirement solutions, our goal is to guide you every step of the way. Let us help you navigate the complexities of retirement so that you can enjoy financial confidence and peace of mind. Visit Us: 1700 Woodlands Drive, Maumee, OH 43537 Call Us: 419-794-3030 Learn More: ARHQ.comSee omnystudio.com/listener for privacy information.

If my employer, a federal agency, offers an early retirement option, can I say yes and call it quits? Have a money question? Email us ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Subscribe to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Jill on Money LIVE⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Subscribe to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Jill on Money Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@jillonmoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@jillonmoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@jillonmoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ "Jill on Money" theme music is by Joel Goodman, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.joelgoodman.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Is Medicare more confusing than it should be? If you're nearing retirement or thinking about leaving your job early, the healthcare piece can feel overwhelming and expensive. In this episode, we sit down with Cole Craven, co-founder of Move Health, to demystify the complexities of Medicare, healthcare costs, and early retirement planning. Listen in to learn how to time your enrollment correctly, what your healthcare options are if you want to retire before 65. and more.  Take The Pilot Wealth Index to find out if you are on track for retirement! You can find show notes, resources and more at: https://tinyurl.com/3v67de6s

Social Security might be the most universally recognized piece of the retirement puzzle, but that doesn't make the decision around it any easier. Whether you're planning to claim early or wait it out for a bigger monthly check, the debate is louder than ever—especially for high-income ER docs who might not “need” the benefit right away. Is there a universal answer to taking SS early or late? We'll discuss that today.

On this conversation, Steve and Derrick discuss the complexities of retirement planning, emphasizing that a 401k is just one piece of the puzzle. They explore the importance of diversification, the challenges faced by early retirees, and the need for a comprehensive financial strategy that includes considerations for healthcare costs and tax implications. The discussion highlights the significance of having a well-structured plan to ensure financial security in retirement. Get Your Complimentary Retirement Analysis Social Media: Facebook I Twitter See omnystudio.com/listener for privacy information.

Retirement doesn't come down to a magic number, it comes down to your number. In this episode, we walk through a simple, personalized framework to help you understand when you can truly retire, based on what you want life to look like, not generic benchmarks.We cover the core question: How much do you want to spend each month? From there, we reverse-engineer your retirement target, factoring in taxes, withdrawal strategies, estate planning, and those big one-time expenses that often get missed.And it's not just about the math. We dive into the emotional side of retirement. It's about how to find purpose, identity, and meaning in this next chapter. Whether retirement feels decades away or just around the corner, this episode will help you stop guessing and start planning with clarity.- Advisory services are offered through Root Financial Partners, LLC, an SEC registered investment adviser. This content is intended for informational and educational purposes only and should not be considered personalized investment, tax, or legal advice. Viewing this content does not create an advisory relationship. We do not provide tax preparation or legal services. Always consult your CPA or attorney regarding your specific situation.The strategies, case studies, and examples discussed may not be suitable for everyone. They are hypothetical and for illustrative and educational purposes only. They do not reflect actual client results and are not guarantees of future performance. All investments involve risk, including the potential loss of principal.Comments reflect the views of individual users and do not necessarily represent the views of Root Financial. They are not verified, may not be accurate, and should not be considered testimonials or endorsements.Participation in the Retirement Planning Academy or Early Retirement Academy does not create an advisory relationship with Root Financial. These programs are educational in nature and are not a substitute for personalized financial advice. Advisory services are offered only under a written agreement with Root Financial.Create Your Custom Early Retirement Strategy HereGet access to the same software I use for my clients and join the Early Retirement Academy hereAri Taublieb, CFP ®, MBA is the Chief Growth Officer of Root Financial Partners and a Fiduciary Financial Planner specializing in helping clients retire early with confidence.

Dreaming about retiring early, but worried you'll never have enough? On this episode of Retire Sooner with Wes Moss, Wes and Christa DiBiase break down powerful strategies and mindset shifts that could help folks retire sooner and happier, including: • Tap Your IRA Early—Penalty-Free: Learn how Rule 72(t) and SEPPs can sometimes unlock your IRA before many expect and how that might help customize an early retirement plan. • Rule of 55 vs. Rule 72(t): Compare two powerful early withdrawal strategies and discover which one could work for your retirement timeline. • Smart Rollover and Roth Moves: Wes tackles listener questions on IRAs, dry powder strategy, and recovering from past investing mistakes. • S&P 500 or Total Market Index? Find out which fund could fit your growth goals—and why broad diversification is often a winning strategy. • The Real Source of Retirement Happiness: New research reveals it's not just money—core pursuits like travel, hobbies, and connection can fuel lasting joy. • Annuities & Life Insurance—Worth It? Explore the pros, cons, and ideal timing for annuities and whole life policies in your retirement plan. Let years of retirement planning, actionable anecdotes, relatable listener questions, and eye-opening research fine-tune your investment and happiness game plan. Learn more about your ad choices. Visit megaphone.fm/adchoices

Send us a textMastering Financial Independence: Cutting Expenses for Early RetirementIn this episode of The Retire Early Retire Now podcast, host Hunter Kelly, a certified financial planner, offers high-income earners practical strategies to achieve financial freedom and retire early. He emphasizes the significance of prudent money management instead of just high earnings. Hunter identifies and advises on optimizing five key expenses: lifestyle creep, housing costs, dining out, unused subscriptions, and high-interest debt. The episode includes actionable tips like setting spending boundaries, conducting quarterly subscription audits, and implementing debt repayment strategies. Listeners are challenged to cut one expense category this week to improve their financial health.00:00 Welcome to The Retire Early Retire Now Podcast00:41 The Trap of Lifestyle Creep01:04 Five Key Expenses to Cut or Optimize02:23 Expense 1: Lifestyle Creep06:42 Expense 2: High Housing Costs11:41 Expense 3: Dining Out and Convenience Spending13:20 Expense 4: Unused Subscriptions and Memberships14:52 Expense 5: High Interest Debt17:36 Final Thoughts and Listener Challenge18:25 Closing Remarks and DisclaimersCheck out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Think it's too late to retire early? Think again. In this episode, we're dismantling the myth of “starting too late” and showing you exactly how to move forward—no matter where you're beginning from. You'll learn how to define your Freedom Number, restructure your cashflow, and accelerate your strategy for a purpose-led, financially sovereign future.✨ It's not about having it all figured out—it's about having a plan.

Want to retire early? What about early retirement AND making millions of dollars tax-free? Only one real estate investing strategy gives you the ability to do both, but 99% of investors won't try it. Why? We don't know because today's two guests, as well as Dave, are all using this investing strategy in 2025 to make a killing on their real estate deals. It's not house hacking, it's not medium-term rentals, and it's not private lending—it's live-in flipping. Never heard of live-in flipping? There's a good reason—nobody is doing it, even though it boasts the biggest benefits of almost any real estate strategy out there. This method enabled Mindy Jensen to accumulate millions of dollars in net worth by her early 50s, much of which was tax-free. The same strategy is being used by Ashley Kehr and Dave to make hundreds of thousands of dollars in profit simply by buying a house, fixing it up while living in it, and reselling it. How does this get you to early retirement? Simple: you make hundreds of thousands tax-free, more than what your job might pay you over several years, dramatically boosting your bank account and allowing your investments to multiply way faster. Anyone can do it—whether you're single, have a partner, or kids—and the benefits are unbeatable. Wanna know how to start? Mindy, the expert on live-in flips, is sharing her secrets in today's episode.  In This Episode We Cover Live-in flipping 101, the best real estate strategy for tax-free millions  What type of house makes the best live-in flip (with the highest profits) What level of renovation to put into the house (DON'T pick your favorite upgrades) Tips to keep your family comfortable while live-in flipping, especially if you have kids  Financing a live-in flip and one easy way to get a lower interest rate  And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1133 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠advertise@biggerpockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

We interviewed Eddie Speed, America's most experienced note buyer and owner of Colonial Funding Group LLC. He brings over four decades of expertise and 50,000+ closed note deals to Deal-Maker Richmond. As a pioneering force in the note buying industry, Eddie specializes in helping real estate investors and property owners unlock hidden value in their seller-financed portfolios.***DON'T KNOW WHERE TO START WITH FRANCHISING? Grab Bob Bernotas' free course for a limited time only at edu.franchisewithbob.com/idealINTERVIEW HIGHLIGHTS[00:00-02:22] A Journey into Note Investing[02:23-07:52] Deep Dive into Selling Notes[07:53-11:07] Challenges in the Rental Property Market[11:08-14:45] Owner Financing can be your solution[14:46-15:51]Sponsor: Franchising made easy[15:52-21:55] Is Notes investing better than REI?[21:56-23:01] Playing with both strategies[23:02-29:32] Diversify with notes[29:33-34:23] Intro to Notes investing[34:24-36:49] Investor Q&ASpecial mention: Warren Buffetthttps://noteschool.comAny questions?*** Grab my 10k/month passive income strategy and weekly newsletters at https://tinyurl.com/iwg-strategy BOOK IS OUT! Grab Your Copy and learn how to get your feet wet in real estate investing

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3172: Darrow Kirkpatrick shares practical strategies to cut expenses without sacrificing quality of life, from optimizing grocery shopping and transportation choices to cultivating better health and generosity. His advice reveals how small, mindful shifts can dramatically reduce spending and accelerate early retirement, all while enhancing personal well-being. Read along with the original article(s) here: https://www.caniretireyet.com/8-tips-for-saving-big-and-retiring-earlier/ Quotes to ponder: "Food is the most frequent major expense, and it is intimately tied up with health. Awareness pays dividends." "It's liberating to disconnect your self-image from your vehicle." "Generously and wisely allocating resources without desperately hanging on to each dollar, is a mindset that also leads to recognizing and capitalizing on opportunities for personal prosperity." Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3172: Darrow Kirkpatrick shares practical strategies to cut expenses without sacrificing quality of life, from optimizing grocery shopping and transportation choices to cultivating better health and generosity. His advice reveals how small, mindful shifts can dramatically reduce spending and accelerate early retirement, all while enhancing personal well-being. Read along with the original article(s) here: https://www.caniretireyet.com/8-tips-for-saving-big-and-retiring-earlier/ Quotes to ponder: "Food is the most frequent major expense, and it is intimately tied up with health. Awareness pays dividends." "It's liberating to disconnect your self-image from your vehicle." "Generously and wisely allocating resources without desperately hanging on to each dollar, is a mindset that also leads to recognizing and capitalizing on opportunities for personal prosperity." Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3172: Darrow Kirkpatrick shares practical strategies to cut expenses without sacrificing quality of life, from optimizing grocery shopping and transportation choices to cultivating better health and generosity. His advice reveals how small, mindful shifts can dramatically reduce spending and accelerate early retirement, all while enhancing personal well-being. Read along with the original article(s) here: https://www.caniretireyet.com/8-tips-for-saving-big-and-retiring-earlier/ Quotes to ponder: "Food is the most frequent major expense, and it is intimately tied up with health. Awareness pays dividends." "It's liberating to disconnect your self-image from your vehicle." "Generously and wisely allocating resources without desperately hanging on to each dollar, is a mindset that also leads to recognizing and capitalizing on opportunities for personal prosperity." Learn more about your ad choices. Visit megaphone.fm/adchoices

Ready to take a deep dive and learn how to generate personal tax-free cash flow from your corporation? Enroll in our FREE masterclass here and book a call hereWhat does a nearly perfect Canadian financial freedom health score look like — and where do even the best wealth planners stumble?If you're working hard, investing smart, and wondering if you're truly on track for financial independence, this episode is your blueprint. You'll follow Frederick, a disciplined 49-year-old professional in Toronto, as he navigates all four key phases of a healthy Canadian wealth plan — and discover where his strong financial strategies still need refinement. Whether you're eyeing early retirement, optimizing investments, or building a legacy that lasts, you'll hear what works and what needs tweaking.In this episode, you'll learn:How a modest lifestyle and strategic renting can supercharge your Canadian wealth-building efforts.Why clarity around your financial vision — including your “financial freedom number” — is non-negotiable for early retirement.Where most high earners miss the mark on legacy planning and how one tool can simultaneously solve three major financial gaps.Hit play to see how your Canadian wealth plan stacks up — and what it takes to turn near-perfect into complete confidence.Discover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle…taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Financial freedom in Canada takes more than income — it takes strategy. Whether you're a seasoned entrepreneur, high-earning professional, or building wealth through real estate, mastering the four phases of a healthy financial plan is non-negotiable. This podcast unpacks the smartest Canadian tax strategies, corporate structuring moves, and investment tactics that create lasting wealth. From optimizing RRSP room and leveraging real estate to balancing salary vs dividends and planning your legacy, we focus on actiReady to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

In this episode of the Personal Finance Podcast,  we are going to do a Money Q&A about  my retirement plan charges 1.38%. Is it robbing me of my future? Today we are going to answer these questions!  Question 1: What should my next steps be after paying off a personal loan—emergency fund, car savings, or student loans? Question 2: What's the best investment or savings account to open for my 5-year-old to start learning about money? Question 3: Is it worth contributing to a Roth 457(b) with a 1.385% fee, or should I focus on low-cost accounts? Question 4: I'm in the military maxing out TSP and Roth IRA—what else can I do to retire early? And how can my parents retire with $150K at age 55? Question 5: I'm new to investing with $30K in cash—should I just dump it into an index fund, or do something more? Question 6: We're 48 and 49, saving aggressively with no debt—how do we ensure we hit our $1.5M retirement goal by age 55? Question 7: We rolled over $35K into an IRA, have $125K in a 401(k), and big home equity—how do we build wealth and retire early in California? How Andrew Can Help You:  Listen to The Business Show here. Don't let another year pass by without making significant strides toward your dreams. "Master Your Money Goals" is your pathway to a future where your aspirations are not just wishes but realities. Enroll now and make this year count! Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here! Learn to invest by joining  Index Fund Pro! This is Andrew's course teaching you how to invest!  Watch The Master Money Youtube Channel! , Ask Andrew a question on Instagram or TikTok.  Learn how to get out of Debt by joining our Free Course  Leave Feedback or Episode Requests here.  Car buying Calculator here Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast. Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at  shopify.com/pfp Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn't affect your credit score. Get started at chime.com/ Thanks to Fundrise for Sponsoring the show! Invest in real estate going to fundrise.com/pfp Thanks to Policy Genius for Sponsoring the show! Go to policygenius.com to get your free life insurance quote. Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance Shop Data Plans and Save Big at mintmobile.com/pfp  Go to https://joindeleteme.com/PFP20/ for 20% off!  Links Mentioned in This Episode:  How to Pay No Taxes in Early Retirement, Debunking the Mortgage Fee Fiasco, and More! With Katie Gatti (From Money With Katie!) 10 Powerful Portfolio Strategies (And Which One is Right for You!) - Part 1 10 Powerful Portfolio Strategies (And Which One is Right for You!) - Part 2 The 1-3-6 Method For Building & Managing Your Emergency Fund Connect With Andrew on Social Media:  Instagram  TikTok Twitter  Master Money Website  Master Money Youtube Channel   Free Guides:   The Stairway to Wealth: The Order of Operations for your Money  How to Negotiate Your Salary  The 75 Day Money Challenge  Get out Of Debt Fast  Take the Money Personality Quiz Learn more about your ad choices. Visit megaphone.fm/adchoices

What's the scariest part of retiring early? For many, it's not just about money—it's the unknowns that come after leaving work behind. In this candid conversation, Eric and Jason unpack the biggest fears they and others faced on the path to FIRE, from financial worries and healthcare to identity shifts and societal judgment. Whether you're planning your own early retirement or already there, this episode will help you feel less alone and more prepared. Show notes: https://twosidesoffi.com/fears

What if you could test-drive retirement before diving in? In this episode of Retirement Planning Simplified, Joe sits down with Jillian Johnsrud, financial independence expert and author of Retire Often, to explore how mini retirements can help you design a meaningful, purpose-driven life before and during retirement. From saving aggressively in her 20s to taking over a dozen mini-retirements by age 42, Jillian shares her journey and practical tools to help you: ✅ Live intentionally ✅ Manage time in retirement ✅ Balance financial security with everyday joy Whether you're approaching retirement or coaching the next generation, this episode is packed with insights on building a life aligned with your values. Check out the show notes for EP 143 HERE

In this episode, it was an honor to interview Jeff Kikel is an Entrepreneur, Author, and Podcaster. Starting off as a shy introvert, Jeff went on to become a successful financial advisor. After 20 years and 7 failed attempts at starting side hustles, Jeff left the corporate world and formed his first two successful businesses in 2015. This led to starting an additional 4 businesses in 9 years, and in 2023, Jeff reached his Freedom Day, the first day that he had a work-optional lifestyle. Jeff now works with others to help them build their own Freedom Day Blueprints.BEST MOMENTS:[00:00-06:47] Military to Freedom Day[06:48-08:20]Marketing and Sales Strategies[08:21-16:47] 1% Mindset[16:48-17:55] Franchising made easy[17:56-21:12] Power of a Bucket List[21:13-23:49]Passive Income through REI[23:50-33:56] Most Important Step[33:57-37:38] Great man?***DON'T KNOW WHERE TO START WITH FRANCHISING? Grab Bob Bernotas' free course for a limited time only at edu.franchisewithbob.com/ideal***Download Jeff's book at www.freedomdaymethod.comSpecial mention: Tesla, Elon Musk, AI, Robot TaxisAny questions?*** Grab my 10k/month passive income strategy and weekly newsletters at https://tinyurl.com/iwg-strategy BOOK IS OUT! Grab Your Copy and learn how to get your feet wet in real estate investing

Send us a textTax Savings Strategies for Early RetireesIn this episode of The Retire Early Retire Now podcast, host Hunter Kelly delves into tax-saving strategies tailored for high-income earners aiming for early retirement. Hunter discusses the advantages of Roth conversions during low-income years, the benefits of tax-loss harvesting to offset capital gains, the importance of proper asset location, strategic withdrawal sequencing to minimize taxes, and the utilization of Health Savings Accounts (HSAs) for managing medical expenses before Medicare eligibility. Emphasizing long-term tax planning, he offers valuable insights to help listeners retain more of their wealth and achieve a smoother transition into early retirement.00:00 Introduction to Tax Savings Strategies for Early Retirees02:25 Roth Conversions: A Game Changer for Early Retirees09:22 Tax Loss Harvesting: Turning Losses into Gains14:09 Asset Location: Placing Investments Strategically17:21 Strategic Withdrawal Sequencing: Maximizing Your Retirement Funds20:05 Health Savings Accounts: A Triple Tax Advantage22:40 Conclusion and Next StepsCheck out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

The 4% withdrawal rule does not apply to early retirees since it's based on a 30-year timeline, not the 40+ years needed for early retirement. Guyton's guardrails approach offers a better alternative, allowing for 5.2-5.6% withdrawal rates by adapting spending based on market performance.• Guardrails approach uses flexible withdrawal rates that increase when markets perform well and decrease during downturns• Traditional 4% rule based only on S&P 500 and intermediate US bonds, while diversification across asset classes can increase safe withdrawal rates• First years of retirement often have high expenses (healthcare, education, travel) when your portfolio is most vulnerable• Bowling analogy: retirement planning with guardrails is like bowling with bumpers to avoid gutter balls• Business analogy: like a business owner, spend more when times are good, cut back when they aren't• Creating a "war chest" of safe assets reduces pressure on your growth investments during market downturns• Stress test your retirement plan against worst-case scenarios: market crashes, reduced Social Security, high inflation, living to 100- Advisory services are offered through Root Financial Partners, LLC, an SEC registered investment adviser. This content is intended for informational and educational purposes only and should not be considered personalized investment, tax, or legal advice. Viewing this content does not create an advisory relationship. We do not provide tax preparation or legal services. Always consult your CPA or attorney regarding your specific situation.The strategies, case studies, and examples discussed may not be suitable for everyone. They are hypothetical and for illustrative and educational purposes only. They do not reflect actual client results and are not guarantees of future performance. All investments involve risk, including the potential loss of principal.Comments reflect the views of individual users and do not necessarily represent the views of Root Financial. They are not verified, may not be accurate, and should not be considered testimonials or endorsements.Participation in the Retirement Planning Academy or Early Retirement Academy does not create an advisory relationship with Root Financial. These programs are educational in nature and are not a substitute for personalized financial advice. Advisory services are offered only under a written agreement with Root Financial.Create Your Custom Early Retirement Strategy HereGet access to the same software I use for my clients and join the Early Retirement Academy hereAri Taublieb, CFP ®, MBA is the Chief Growth Officer of Root Financial Partners and a Fiduciary Financial Planner specializing in helping clients retire early with confidence.

You've diligently saved and invested, and now comes the pivotal question: How do you live off those funds, especially in early retirement? We discuss the various withdrawal strategies, going beyond the basic 4% rule to explore dynamic and flexible approaches. Learn how to consider tax implications, access retirement accounts early without penalties, and build a resilient plan based on your specific situation and goals. Whether in the accumulation or spending phase, this will help you learn practical steps to create a thoughtful plan.Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/112-withdrawal-strategies-in-early-retirement-a-flexible-strategy-and-account-playbook-to-fund-your-retirement/

I recently accepted an early retirement offer, but I have a few weeks to change my mind before it becomes official. Should I reconsider? Have a money question? Email us ⁠⁠here⁠⁠ Subscribe to ⁠⁠Jill on Money LIVE⁠⁠ Subscribe to ⁠Jill on Money Newsletter⁠ YouTube: ⁠⁠@jillonmoney⁠⁠ Instagram: ⁠⁠@jillonmoney To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

In this month's Smart Planning segment, a financial advisor discusses when it might make sense to scale back your 401(k) contributions. Is it safe to invest right now? Should you keep contributing to your retirement account when the economy feels uncertain? Hosts Sean Pyles and Elizabeth Ayoola discuss how to navigate turbulent financial times by focusing on long-term investing strategies and what you can control. They break down what's going on with recent stock market activity, why the dollar is weakening, and how investors can stay the course by understanding their risk tolerance and using tools like dollar-cost averaging. They also touch on emotional investing and offer practical ways to handle market anxiety without pulling back on your financial goals. Then, Elizabeth welcomes Ross Anderson, founder of Craftwork Capital and co-host of the Check Your Balances podcast, to answer a listener's question about whether to reduce 401(k) contributions due to fears about job security. They discuss how to evaluate whether you're holding too much cash, the trade-offs between contributing to retirement versus living for today, and how the FIRE (Financial Independence, Retire Early) movement can work even if you start later in life. They also cover the impact of retiring abroad, how international taxes can complicate your strategy, and why certain insurance products might not match your goals. Inspired to navigate your finances with an advisor? Use NerdWallet Advisors Match to find vetted professionals today at https://www.nerdwalletadvisors.com/match  Learn about dollar-cost averaging as a strategy to reduce the impact of volatility by spreading out your stock or fund purchases over time so you're not buying shares at a high point for prices: https://www.nerdwallet.com/article/investing/dollar-cost-averaging-2  In their conversation, the Nerds discuss: investing during market volatility, dollar cost averaging, stock market downturn 2025, how to manage risk tolerance, emotional investing, investment risk capacity, long-term investing strategy, FIRE movement explained, barista FIRE, how to retire abroad, retiring in Portugal, retiring in Italy, buying a home in Europe, saving for early retirement, high-yield savings account vs investing, when to reduce retirement contributions, investing vs lifestyle spending, how to handle market swings, tax rules for expats, international index funds, when to use a brokerage account, what to do in a market downturn, life insurance for retirement planning, long-term capital gains tax, when to sell stocks for retirement, CDs vs savings account, risk tolerance vs risk capacity, and when to rebalance investments. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend. Disclaimer: This podcast is for informational and educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. Any comments posted under NerdWallet's official account videos are not reviewed or endorsed by NerdWallet or representatives of financial institutions affiliated with the reviewed products unless explicitly stated otherwise. Avoid disclosing personal or sensitive information such as bank accounts or phone numbers. NerdWallet employees do not offer personalized financial advice and will not respond to posts here.

Wes and Christa compare ETFs vs. index funds and retirement accounts vs. brokerage accounts. Unlock financial clarity and early retirement strategies with this jam-packed episode of dynamic discussion and listener questions, covering topics such as: • The importance of staying invested during market volatility, using a recent market upswing as an example of patience leading to productive results. • The aforementioned differences between ETFs, index funds, and even mutual funds. Discover which ones might be most effective for your specific needs. • An explanation of Lipper Ratings and how tax efficiency can matter in taxable accounts. Are ETFs more tax-friendly? • Learn how the S&P 500, while typically having a strong investment core, can be tech-heavy and may sometimes lack exposure to sectors like energy, materials, and real estate. How can diversification be achieved? • Initial Public Offerings (IPOs) can be exciting but are often risky. A small, speculative allocation might be fine, but is it productive to bet your retirement on IPOs? • Wes introduces a powerful analogy. Retirement accounts = Crockpot: slow-cooking, tax-deferred, long-term. Brokerage accounts = Skillet: accessible, taxable, real-time impact. Use both types of accounts strategically—Wes explains how. • When not to do a Roth conversion. • Can pension income be used for Roth IRA contributions, or do folks need wages or self-employment income to contribute? • Is it safe to link financial accounts to third-party companies to more regularly update info? Or do the cybersecurity risks and diminishing benefits mean manual updates once a year are sufficient?

Are you exploring ways to retire early but feeling uncertain about income, savings, or market volatility? In this episode of Protect Your Assets, David Hollander outlines five early retirement strategies that may help you better prepare for the road ahead. From maximizing contributions to tax-advantaged accounts to reassessing lifestyle expenses, discover approaches that could support an earlier transition out of the workforce. Whether you're just beginning to plan or refining your strategy, this episode offers ideas to help you think through your options. You can send your questions to questions@pyaradio.com for a chance to be answered on air. Catch up on past episodes: http://pyaradio.com Liberty Group website: https://libertygroupllc.com/ Attend an event: www.pyaevents.com Schedule a complimentary 15-minute consultation: https://calendly.com/libertygroupllc/scheduleacall/ See omnystudio.com/listener for privacy information.

Can you achieve the American Dream by saving half your paycheck? Sam Dogen, founder of Financial Samurai, left Wall Street at 34 with a seven-figure nest egg after a demanding investment banking career. He saved “until it hurts” but would he do it differently? We discuss real estate, generational wealth, and financial freedom. [Episode 101]Sam Dogen is the founder of Financial Samurai, one of the most visited sites on Financial Independence and Early Retirement.Learn more about Sam:• Financial Samurai: https://www.financialsamurai.com/who-is-sam-dogen-founder-of-financial-samurai/• LinkedIn: https://www.linkedin.com/in/sam-dogen-aa2152178/• X/Twitter: https://x.com/financialsamura?lang=en—-JOIN OUR GROUP COACHING COHORTS:Are you looking to ask deep, introspective and provocative questions about your own life (with Khe and likeminded peers)⁠⁠⁠⁠⁠Apply today⁠⁠⁠⁠⁠—-BECOME A RADREADER:

In this solo episode, I'm revisiting a blog post I wrote eight years ago—one where I boldly declared that I wanted to retire by 40. You'll hear me read the post out loud and reflect on what actually came true, what's changed since then, and the parts I didn't expect.  If you've ever thought about what your life could look like beyond the 9–5 or you're just starting to dream about a different path, remember that it's okay for your definition of success to evolve—and that you're never too late to start. In This Episode, I Share: The blog post I wrote when I first dreamed of retiring early and what I actually made happen—like quitting my job and turning Journey to Launch into a business How my view of retirement has shifted and what I didn't expect emotionally and mentally about entrepreneurship Why I've become more flexible with money and life goals over time How I used my FIRE Calculator to model my exit strategy—before I felt “fully ready” Other Links Mentioned in episode:  Read my early retirement goals blog post here: journeytolaunch.com/blog/my-early-retirement-goals Get the FIRE Calc Tool and join us for the next LIVE class here. Join the Journey to Launch Book Club to dive deeper into financial freedom with guided discussions and resources here! Get your copy of my book: Your Journey To Financial Freedom! Join The Weekly Newsletter List to get updates, deals & more! Leave Your Journey To Financial Freedom a review! Get The Budget Bootcamp Check out my personal website here. Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast! YNAB –  Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link. What stage of the financial journey are you on? Are you working on financial stability or work flexibility? Find out with this free assessment and get a curated list of the 10 next best episodes for you to listen to depending on your stage. Check it out here! Connect with me: Instagram: @Journeytolaunch Twitter: @JourneyToLaunch Facebook: @Journey To Launch Join the Private Facebook Group Join the Waitlist for My FI Course Get The Free Jumpstart Guide

Click Here for the Show Notes In this episode, Melissa Nash interviews Sam Dogen, better known as the Financial Samurai, who shares his powerful journey from Wall Street executive to achieving financial independence. Together, they explore the mindset shifts required to build true wealth, the importance of consistent saving and investing, and practical strategies for establishing generational wealth. Sam also discusses the deeper meaning of success, emphasizing that real wealth is about freedom and time, not just financial gain. His story offers inspiration and grounded guidance for anyone seeking financial clarity and life balance.

For decades, the 4% rule has been the calculation every FIRE chaser has used to determine when they can retire early—risk-free. The math is simple: have a portfolio big enough to withdraw 4% per year to fund your lifestyle. But there's one BIG problem with the 4% rule that nobody is talking about—a problem that could force you to work longer, ruin your retirement lifestyle, and put your portfolio in jeopardy if you don't plan carefully. Tyler Gardner, former portfolio manager and financial advisor, is back on the show to share why much of the FIRE community may be wrong about this “rule.” Scared of not having enough to retire, retiring during a market crash, or being forced to be frugal once you leave the workforce? That's precisely what we're talking about in today's episode. The 4% rule has become untouchable within the FIRE movement, but its hard-and-fast downsides may lead to your FIRE's demise.  Tyler shares what he thinks is the ultimate FIRE portfolio allocation, why he's way more bullish on stocks and index funds than bonds, EVEN during retirement, and why target date retirement funds—often scoffed at—can actually help protect your portfolio once you FIRE. If you're planning on retiring early with the 4% rule, think again. All of us have our doubts, and we're sharing them today.  In This Episode We Cover Why the 4% “rule” is WRONG for most FIRE chasers, and why withdrawing only 4% could be a mistake  The new (updated!) FIRE number that most people should be chasing  Hate your job and want to retire early? Here's why you should find a better career (NOT quit) instead  The ultimate FIRE portfolio allocation and why a target date retirement fund actually makes sense for many  And So Much More! Links from the Show Mindy on BiggerPockets Scott on BiggerPockets Listen to All Your Favorite BiggerPockets Podcasts in One Place Join BiggerPockets for FREE Email Mindy: Mindy@biggerpockets.com Email Scott: Scott@biggerpockets.com BiggerPockets Money Facebook Group Follow BiggerPockets Money on Instagram “Like” BiggerPockets Money on Facebook Subscribe to the BiggerPockets Money YouTube Channel! Connect with Tyler on Instagram Connect with Tyler on TikTok Your Money Guide on the Side Podcast Want to FIRE in 2025? How to Prepare for Early Retirement w/Emma von Weise Maximize Your Real Estate Investing with a Self-Directed IRA from Equity Trust Get to FIRE Faster with “Set for Life” Sign Up for the BiggerPockets Money Newsletter Find an Investor-Friendly Agent in Your Area (00:00) Intro (02:05) Is the 4% Rule Wrong?(06:05) This Saves Your FIRE (10:09) “One More Year” Syndrome(14:33) Healthcare in Early Retirement(16:34) Ultimate FIRE Portfolio Allocation(24:29) Include Real Estate?(29:49) Target Date Retirement Funds(36:25) Don't Quit Working? (54:30) Find a Job You LOVE(57:02) Connect with Tyler!(58:30) FIRE Chasers Are Wrong! Check out more resources from this show on ⁠⁠⁠BiggerPockets.com⁠⁠⁠ and ⁠⁠⁠https://www.biggerpockets.com/blog/money-637 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

You've been jamming money into your retirement accounts for years now. When is it okay to slow down? Joe Anderson, CFP®® and Big Al Clopine, CPA spitball for Ron and Veronica in Indiana today on Your Money, Your Wealth® podcast 528. Plus, how can Scott in Illinois bridge the gap from age 55 to retirement income at 57? How should Big Juan in Texas pay for college? Should he convert his TSP to Roth? Can he retire at 55 And finally, Frank and Jane Drebin in Wisconsin are 46 and 47 and wondering if their plan for retirement in 5 years is just a pipe dream. Free financial resources & episode transcript: https://bit.ly/ymyw-528 DOWNLOAD The Retirement Readiness Guide for free WATCH What Happens to Your 401(k) & IRA at Retirement? On YMYW TV CALCULATE your free Financial Blueprint ASK Joe & Big Al for your Retirement Spitball Analysis SCHEDULE your Free Financial Assessment SUBSCRIBE to YMYW on YouTube DOWNLOAD more free guides READ financial blogs WATCH educational videos SUBSCRIBE to the YMYW Newsletter Timestamps: 00:00 - Intro: This Week on the YMYW Podcast 01:13 - Can I Take My Foot Off the Gas on Saving for Retirement? (Ron and Veronica, IN) 09:48 - Watch What Happens to Your 401(k) & IRA at Retirement? On YMYW TV and Download The Retirement Readiness Guide 10:43 - How to Bridge the Gap from Age 55 to Retirement Income at 57? (Scott, IL) 20:04 - How to Fund College? TSP to Roth Conversions? Retirement at 55? (Big Juan, TX) 24:45 - Calculate Your Free Financial Blueprint 25:45 - We're 46 and 47, Is Our Retirement Plan a Pipe Dream? (Frank and Jane Drebin, WI) 32:26 - Next Week on the YMYW Podcast

In this mailbag episode, Brad and Rachael dive deep into strategies for efficiently withdrawing money from taxable brokerage and retirement accounts. With a focus on understanding the different tax treatments associated with these accounts, listeners gain crucial insights into managing tax liabilities for retirement. Key Takeaways Different Types of Accounts: Taxable brokerage accounts versus traditional IRAs and 401ks have distinct tax consequences affecting retirees. Tax Treatment: Withdrawals from traditional retirement accounts are taxed as ordinary income, while long-term capital gains from taxable accounts are taxed at a lower rate. Strategic Tax Planning: Employing strategies such as Roth conversions and tax gain harvesting can significantly minimize tax impacts during retirement. Investment Placement: It's vital to manage tax-efficient placements for investments, especially during retirement. Timestamps 00:00:00 - Podcast Intro: Introduction to the episode topic. 00:04:36 - Taxable Brokerage Accounts vs Traditional Accounts: Discussion on the terminology and tax implications. 00:09:59 - Tax Strategies and Opportunities: How to minimize taxes in retirement using investments. 00:23:10 - Roth Conversions Explained: Understanding the benefits of converting retirement accounts. 00:48:13 - Conclusion and Future Topics: Wrap up and upcoming episode topics. Key Insights Tax Treatment of Withdrawals: Withdrawals from a traditional IRA are taxed as ordinary income. (00:04:36) Understanding Taxable Brokerage Accounts: "Taxable brokerage accounts" may be better understood as your basic savings or investment accounts. (00:05:07) Investment Strategies: Use tax-advantaged accounts to defer taxes on income. (00:09:59) Minimize taxes with proper investment placements and strategies like tax gain harvesting. (00:23:10) Roth Conversions: Roth conversions allow you to transfer pre-tax retirement accounts into a Roth IRA and pay taxes on the converted amount, providing tax benefits later. (00:26:56) Actionable Takeaways Understand Account Types: Familiarize yourself with the differences in tax treatment between taxable brokerage accounts and traditional retirement accounts. (00:04:36) Maximize Tax Efficiency: Consider implementing Roth conversions to streamline taxes during retirement. (00:26:56) Tax-Efficient Investments: Be strategic about investment placements—opt for tax-efficient funds to minimize taxable income. (00:23:10) Related Resources Kitcis Article on IRA Strategies: Read here (00:52:55)   Rachael Camp   Please note: Rachael Camp offers advisory Services through Creative Financial Designs, Inc., a Registered Investment Adviser, and Securities are offered through cfd Investments, Inc., a Registered Broker/Dealer, Member FINRA & SIPC, 2704 S. Goyer Rd., Kokomo, IN 46902. 765-453-9600. Camp Wealth is not affiliated with the CFD companies.

What if you reached financial independence…before knowing what it was? That's what happened to Chris Rusin. After discovering the FIRE movement and stumbling across Mindy and Carl's blog, he realized he was already at his goal. Then, early retirement unlocked a new life full of wild adventures, creative rebirth, and deeper purpose! Welcome back to the BiggerPockets Money podcast! Chris had been hustling, saving money, and chasing financial freedom for years before experiencing a big wake-up call. He encountered a half-billionaire who, despite “having it all,” was deeply unhappy and filled with regret. That moment sparked a shift—not toward more money, but toward more meaning. Since then, Chris has dived for treasure with Navy SEALs, unearthed dinosaur fossils, and much more—all before turning 50! But he's also faced his fair share of fear and uncertainty. After receiving a cancer diagnosis and losing his voice to chemotherapy, he made a promise: if his voice came back, he'd finally record the album he'd dreamed of making. And he did. Stick around till the very end to hear the “world premiere” of Chris' brand-new song! In This Episode We Cover What really happens after you achieve financial independence Designing your “dream” life once you reach early retirement How to maintain a sense of purpose after retiring from your nine-to-five The secret to weathering major portfolio swings in retirement A BiggerPockets-exclusive live rendition of Chris' brand-new song And So Much More! Check out more resources from this show on ⁠⁠BiggerPockets.com⁠⁠ and ⁠⁠https://www.biggerpockets.com/blog/money-636 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

You're part of the FIRE movement (financial independence, retire early) so you can quit your job, have complete time freedom, and truly enjoy your life. But what if early retirement isn't all that it's cracked up to be? What if you grind for years or decades, reach your FIRE number, quit your job, and realize… you're bored? Your schedule is wide open, but what do you fill it with? You start asking yourself, “Did I pursue FIRE for financial freedom—or to escape something else entirely?”  Tyler Gardner, former portfolio manager and financial advisor, has seen the toxic side of FIRE far too often. Tyler believes that working on something you love can be far more meaningful than early retirement, and he might be right. Early retirees often struggle with their post-career lifestyle, and many find they can't thrive without meaningful work. This identity shift can cause profound dissatisfaction, even after so much sacrifice to get to this point. Tyler's advice: slowly phase out of work or have other income streams that can keep you going, not just for your mental health but your portfolio's health. So, how do you do that? Mindy, Scott, and Tyler have a meaningful debate, with significant disagreements, on the best way to phase out full-time work, why a 100% stock portfolio may be safer than you thought, and the toxic side of FIRE nobody talks about. In This Episode We Cover The problem with FIRE and why early retirement won't solve everything The #1 risk early retirees are NOT prepared for and how to ensure you keep your FIRE blazing How to phase out of work even if you have a demanding, full-time, 40+ hours per week job  Why working during early retirement is not a bad thing and has massive benefits  Creating cash flow before you retire and how to minimize the dreaded “sequence of returns risk” And So Much More! Check out more resources from this show on ⁠BiggerPockets.com⁠ and ⁠https://www.biggerpockets.com/blog/money-635 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

What are the pros and cons if Chip uses the money in his taxable brokerage account for early retirement income? Jack and Sally ask Joe and Big Al to spitball on whether they can retire around age 55 or 60, and whether they should max out their Roth or convert to Roth, today on Your Money, Your Wealth® podcast 527 with Joe Anderson, CFP®, and Big Al Clopine, CPA. Plus, April and Andy ask the fellas to spitball on their dividend investing strategy, and Don wonders if a separately managed account (SMA) makes sense for his taxable account. (We'll also find out what an SMA is.) Free financial resources & episode transcript: https://bit.ly/ymyw-527 CALCULATE your free Financial Blueprint DOWNLOAD The Withdrawal Strategy Guide for free DOWNLOAD 10 Steps to Improve Investing Success for free WATCH Your 11-Step Path to Financial Freedom on YMYW TV ASK Joe & Big Al for your Retirement Spitball Analysis SCHEDULE your Free Financial Assessment SUBSCRIBE to YMYW on YouTube DOWNLOAD more free guides READ financial blogs WATCH educational videos SUBSCRIBE to the YMYW Newsletter Timestamps: 00:00 - Intro: This Week on the YMYW Podcast 00:52 - Pros and Cons of Using a Taxable Brokerage Account for Early Retirement Income? (Chip Skylark, Dimsdale) 13:24 - Watch Your 11-Step Path to Financial Freedom on YMYW TV, Calculate Your Free Financial Blueprint 14:27 - Is My Dividend Investing Strategy Missing Anything? (Andy & April, Knoxville, TN) 25:02 - Can I Retire Between Ages 55-60? Should I Max Out Roth Contributions, or Convert to Roth? (Jack & Sally, NC) 31:18 - Download the Withdrawal Strategy Guide and 10 Steps to Improve Investing Success for Free 32:03 - Does a Separately Managed Account (SMA) Make Sense for My Taxable Account? (Don, IA) 40:46 - Next Week on the YMYW Podcast

#600: Jillian Johnsrud was falling apart. After suffering a miscarriage, she couldn't pull herself together to return to her job as a youth pastor in DC. She decided to take a month off. That unexpected break became Jillian's first "mini-retirement" — a deliberate step away from work for at least 30 days to focus on something meaningful.  Today, Jillian is a mom of six who has taken more than a dozen mini-retirements with her kids, who currently range in age from 8 to 17.  During her first mini-retirement, she and her best friend piled into her green Honda Civic and drove from DC to Seattle, leaving her 13-year-old son Micah at home with her husband. A couple years later, Jillian took Micah, then 15, to Glacier National Park in Montana for another mini-retirement. They saw mountain goats, kayaked together, and swam in ice-cold waters.  This trip created irreplaceable memories. Sadly, Micah died six years later.  His death changed how Jillian sees time. She now understands that meaningful moments don't wait for perfect timing - they either happen now or vanish forever.  Waiting for "someday" might mean missing chances forever.  This drives her philosophy about mini retirements — life contains fleeting seasons that we either embrace now or miss entirely. "To be able to share those memories with him there is priceless," Jillian tells us. This understanding shapes her approach with her other children too. From a 10-week road trip to 10 national parks in a pop-up camper to a recent six-month journey across the eastern United States with her five younger children (now ages 8-17), Jillian prioritizes experiences that fit each season of family life. Planning your own mini retirement? Jillian recommends focusing on four key areas: managing your time (pick just 2-3 priorities), addressing career logistics (craft a compelling story for your employer), saving money (about 6.5 percent of your income for a month off every other year), and preparing for emotional revelations. Jillian emphasizes the importance of separating your mini retirement fund from long-term retirement savings. This separate fund, which she calls the "in-between bucket," allows you to spend freely on experiences now rather than postponing all enjoyment until traditional retirement age. As Jillian puts it: "You can't postpone every good thing in your life." Timestamps: Note: Timestamps will vary on individual listening devices based on dynamic advertising run times. The provided timestamps are approximate and may be several minutes off due to changing ad lengths. (0:00) Introduction to mini-retirements (0:59) Definition of mini-retirement: stepping away from work for 30+ days to focus on something meaningful (3:03) Jillian shares her first mini-retirement story after experiencing personal loss (8:28) Taking time off to enjoy important life moments before they pass (12:12) Jillian's trip to Glacier National Park with her son Micah before he passed away (20:33) Four components of planning a mini-retirement: time, career, finances, unexpected challenges (34:14) Time management: choosing 2-3 clear goals rather than trying to do everything (42:39) Career strategies: how to present your mini-retirement to employers (1:01:29) Financial planning: saving 6.5% of income for monthly breaks every other year (1:14:34) Handling unexpected challenges that arise during your time off (1:20:01) How mini-retirements reveal personal issues you've avoided through work (1:33:32) Jillian's recent family adventures with five children Learn more about your ad choices. Visit podcastchoices.com/adchoices

Most people chasing FIRE (financial independence, retire early) are doing it all out of order, and it's costing them years of financial freedom. So, we thought, “What's the fastest way to achieve FIRE, and which steps would you take if you were starting from scratch?” Today, we're bringing you a supercharged financial independence plan, sharing the exact financial order of operations that'll take you from a $1,000 emergency fund to fully-fledged early retirement. We know the steps because we're reverse-engineering our own paths to financial independence, and we WISH we had done some of these earlier. If you're a beginner in the FIRE movement, start here and work through these steps to FIRE the fastest. If you're close to FIRE already or at a significant financial milestone, don't worry. We have tips you can use right now to retire earlier and avoid the “middle-class trap” that kills so many FIRE dreams. We're going through retirement accounts, emergency funds, cash-flowing investments, and side hustles to help you earn more. Plus, what to do once you make TOO much money to invest in tax-advantaged retirement accounts. In This Episode We Cover The exact financial order of operations to reach financial independence fastest  The bare minimum emergency fund you should have in your bank account at all times  How to calculate your FIRE number in five seconds so you know your goal What to do when you make TOO much money to invest in a Roth IRA When to STOP investing in retirement accounts to avoid the middle-class trap Moves to make as soon as you're retired early that'll make your FIRE last even longer  And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-632 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices