178 : Does The Simple Path to Wealth Still Work? with JL Collins

May 13, 2025

Ask episode

Chapters

Transcript

Episode notes

In this episode: The Simple Path to Wealth, Financial Independence, Retirement Strategies, Indexing with JL Collins

Episode Summary
Adam welcomes back JL Collins to discuss the updated version of his book "The Simple Path to Wealth". JL shares insights and addresses listener questions about debt, lifestyle inflation, and retirement strategies.

Guest Bio
JL Collins is an author & speaker best known for his book "The Simple Path to Wealth," which has become a cornerstone in the FI community. JL's focus on practical advice and clear strategies has helped countless individuals take control of their financial futures.

Resources & Books Mentioned

Guest Contact Information

Blog: JLCollinsnh.com
X: https://x.com/JLCollinsNH
Facebook: https://www.facebook.com/jlcollinsnh

Key Takeaways

FI is achievable at any age; starting early is beneficial, but it's never too late to begin.
Index investing is a powerful strategy that allows for long-term wealth growth with minimal effort.
Lifestyle inflation can be managed by tracking expenses and making mindful choices about spending in retirement.
Having a solid understanding of personal finance can empower individuals to make better financial decisions.
The journey to FI is personal; every step taken towards it is a step in the right direction.

🔥 Did you know that only 14% of reorgs are successful?

That means 86% of reorgs fail to achieve their goals. Shocking!

Honestly, after living through 11 reorgs in my last 10 years at Google it kind of makes sense.

I created the Ask What's Possible Workshop to help newly formed teams rebuild trust, create psychological safety, and align around a BIG shared vision in hours, not quarters.

🔥 Want to accelerate your speed-to-alignment?

Book a no-obligation fit call with me

🔥 What teams walk away with:

Rebuilt trust and psychological safety
A co-created, ambitious shared vision everyone is energized by
Clear alignment between personal goals and team vision
A short list of mini-experiments to generate momentum immediately

🔥 What makes this workshop different:

Executive-level facilitation with a track record at CEO-level forums, including sessions with 27 Google VPs at Sundar's leadership conference
- One VP shared: "Adam was masterful as he guided us through exercises to expand our perspective and ambition on our vision of what we could be and do."
Neuroscience-backed, mindful conversation practices th...