Outro

You've hit financial independence—now what? How do you actually start spending the money you've spent years accumulating? Bill Yount reached FI at 60 after a 10-year journey, and he's figured out the answer.

Bill shares his complete decumulation strategy—the detailed plan he built with a flat-fee financial advisor to transition from wealth building to wealth preservation. This isn't just theory; Bill is actively living this plan and stress-testing it in real time.

This Episode Covers:

• Bill achieving financial independence at age 60
• The psychological shift from saving to spending after a decade of accumulation
• How to build a comprehensive drawdown plan (and why Bill hired help)
• Working with a flat-fee financial advisor vs. AUM advisors
• Portfolio rebalancing when transitioning to retirement
• Risk parity strategy and how it fits into retirement portfolios
• Stress-testing your financial plan: running scenarios to ensure you won't run out
• Social security timing decisions and optimization
• Retirement withdrawal strategies: the 4% rule and alternatives
• How much to actually spend in early retirement
• Helping your kids build wealth without jeopardizing your own retirement
• Financial independence for late starters: proof it's not too late after 50
• Managing the emotional transition from accumulation to distribution phase
• Investment strategy changes in decumulation

If you're approaching FI, already there and uncertain about spending, or starting your FIRE journey later in life, Bill's practical, well-planned approach shows you exactly how to transition from building wealth to confidently living off it.

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Connect with Bill Yount: 

Website: https://catchinguptofi.com/

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

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Scott: https://www.instagram.com/scott_trench/

Mindy: https://www.instagram.com/_mindyatbp/

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