The Financial Samurai Podcast

The discussion dives into the crucial distinction between renting and owning a home, especially as one ages. Owning a primary residence is framed as a hedge against inflation and unpredictable rent hikes. There's a compelling analysis of housing inflation outpacing wage growth, pushing the need for ownership. Real-life experiences underscore the impact of rising rents on older adults. The podcast also emphasizes the psychological benefits of stability and community that come with homeownership.

Bill Bengen, the father of the 4% Rule, is back with a new book titled A Richer Retirement. In it, he raises his SAFEMAX—or safe withdrawal rate—from 4% to 5%. This change has major implications: retirees can confidently spend more and enjoy life to the fullest, while those pursuing FIRE or traditional retirement may not need to save as aggressively or work as long to achieve financial freedom. See related Financial Samurai post: Persmission To Live It Up In Retirement Free Financial Analysis Offer From Empower If you have over $100,000 in investable assets—whether in savings, taxable accounts, 401(k)s, or IRAs—you can get a free financial check-up from an Empower financial professional by signing up here. It's a no-obligation way to have a seasoned expert, who builds and analyzes portfolios for a living, review your finances. A fresh set of eyes could uncover hidden fees, inefficient allocations, or opportunities to optimize—giving you greater clarity and confidence in your retirement financial plan. The statement is provided to you by Financial Samurai ("Promoter") who has entered into a written referral agreement with Empower Advisory Group, LLC ("EAG"). Click here to learn more. Subscribe To Financial Samurai To increase your chances of achieving financial independence, join 60,000+ readers and subscribe to my free Financial Samurai newsletter here. Financial Samurai began in 2009 and is the leading independently-owned personal finance site today. Everything is written based off firsthand experience.

Ben Miller, co-founder and CEO of Fundrise, discusses the recovering landscape of commercial real estate, emphasizing optimism amid easing inflation and rates. He highlights the resilience of residential-oriented properties and explains how focus on build-for-rent and data centers positions Fundrise for growth. Ben also shares insights on how population trends and supply dynamics are influencing rents, and why data centers are a promising investment for the decade. He concludes with predictions of a potential real estate boom in the next two years.

In this solo episode, I want to clarify how the tax-free home sale exclusion works. For those who want to move back into their rentals to then qualify after two years, there is a pro-rated amount you need to implement. See this post for more details: How To Use The Tax-Free Exclusion Amount Every Two Years To Save On Capital Gains (https://www.financialsamurai.com/how-to-strategically-use-the-tax-free-home-sale-exclusion-every-two-years/) Subscribe To Financial Samurai Pick up a copy of my USA TODAY national bestseller, Millionaire Milestones: Simple Steps to Seven Figures. I've distilled over 30 years of financial experience to help you build more wealth than 94% of the population—and break free sooner. Listen and subscribe to The Financial Samurai podcast on Apple or Spotify. I interview experts in their respective fields and discuss some of the most interesting topics on this site. Your shares, ratings, and reviews are appreciated. To expedite your journey to financial freedom, join over 60,000 others and subscribe to the free Financial Samurai newsletter. Financial Samurai is among the largest independently-owned personal finance websites, established in 2009. Everything is written based on firsthand experience and expertise.

In this discussion with Ben Miller, cofounder and CEO of Fundrise, the focus is on the explosive growth of AI and venture capital dynamics. Ben highlights how major players like Anthropic are reshaping the landscape, with a 'winner-take-most' scenario. He delves into strategic investments, revealing that up to 50% of a fund can be concentrated in just two companies. The conversation also covers innovative valuation methods and the dual impact of AI on job markets and personal productivity, emphasizing the need for proactive investment strategies.

Discover the intriguing blend of math and emotion in determining if you've truly achieved financial sufficiency. Explore how strategic investments play a vital role while balancing risk and seeking life satisfaction beyond mere numbers. Delve into common psychological barriers that prevent low-risk investing, fueled by greed and insecurity. The discussion also touches on the paradox of chasing challenges even after reaching financial stability, urging a thoughtful reconsideration of your asset allocation for a more fulfilling life.

The quest for passive income takes a deep dive, revealing the hidden dangers of risk-free strategies. Insights on emotional investing during market dips offer a fresh perspective on stability versus volatility. Motivation might wane when relying solely on passive avenues, posing a potential threat to ambition. Various approaches to investment risk are discussed, urging listeners to align choices with evolving financial goals. Plus, tips on navigating the landscape of passive income opportunities highlight the importance of persistence in achieving wealth.

Facing a market downturn can be daunting for investors, but history shows buying the dip often leads to long-term success. Strategies for building confidence during these times include balancing personal finances and emotional resilience. Embracing losses as part of the journey is crucial, and preparation for market corrections can make a significant difference. The discussion encourages a proactive mindset, empowering investors to seize opportunities when they arise.

Joe Saul-Sehy, host of Stacking Benjamins and author of Stacked, shares his journey from financial advisor to podcast creator. He discusses the importance of designing your own life curriculum, especially in an era where job security is fading. Joe emphasizes that building a personal brand and side hustle is crucial for financial independence. From overcoming challenges in launching his podcast to embracing experimentation and growth, he inspires listeners to navigate their unique paths and thrive amidst uncertainty.

Discover the behind-the-scenes journey of writing a new financial book, including the emotional hurdles and motivational techniques involved. Learn how achieving milestones, like reaching $250,000 in assets, can transform your financial outlook. The hosts share insights on cultivating a positive wealth mindset and navigating significant life challenges while maintaining family values. Explore the dynamic balance between personal goals and financial decisions, and find inspiration for strategic choices on your path to financial freedom.