Wilson: Age is irrelevant. What really is relevant is when is that dollar going to be spent? Right? jo: I think part of whati i hope that we emphasize on these episodes is the de coupling of age from time line. The one that you choose at the time that you retire may or may not end up being the one that you stick with throughout a 30 year retirement. Over the span of three decades, there's a decent chance that your strategy will change,. So pick whichever one resonates with you most.
#332: Ginger’s financial independence (FI) number is $2 million, but she doesn’t want to fully retire early. Once she hits ‘coast’ FI, she wants to 1) buy her time back with outsourcing, 2) take a mini-retirement, and 3) buy a vacation home. Does it make sense for her to divert retirement contributions to these goals, or should she aim to save $2M?
Wilson plans to have a two percent withdrawal rate in retirement. Given this low rate, should he go all-in on stocks? Or should he split up his retirement funds and invest one half conservatively and the other half aggressively?
Jennifer has a low-stress doggie-daycare, but she needs a bigger space to scale up. How the heck can she find a property to suit her needs in Austin, TX?
My friend and former financial planner Joe Saul-Sehy joins me to answer another round of listener questions.
(If you have questions on business, money, trade-offs, financial independence strategies, travel, or investing, leave them here and we’ll answer them in a future episode.)
For more information, visit the show notes at https://affordanything.com/episode332
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