Two Sides of FI Are You on Track? Our 2024 Financial Review
Feb 9, 2025
Discover the critical financial elements to review yearly, particularly net worth and withdrawal rates. The hosts dive into personal savings strategies and the importance of tailored approaches to achieve financial independence. Hear insights about international investments, managing expenses, and rebalancing portfolios. They stress the value of budgeting for travel and adapting spending habits. Finally, reflect on the evolving mindset from pre to post-financial independence and the optimism for future goals.
AI Snips
Chapters
Transcript
Episode notes
Annual Financial Review
- Conduct an annual financial review to stay on track.
- This is crucial whether you're building wealth, pursuing FI, or managing it post-FI.
Jason's Savings Tracking
- Jason tracked his savings progress with monthly dollar amounts pre-FI.
- This was based on projections developed with financial advisors.
Net Worth Tracking
- Track your net worth regularly.
- Consider setting savings targets, especially pre-FI.