
Catching Up to FI
A mindset, money, and life podcast for late starters catching up to Financial Independence.
Latest episodes

Apr 23, 2025 ⢠58min
Catching Up to FI in Uncertain Times | Bill & Jackie | 138
In this episode, Bill & Jackie joined Doc G (Jordan Grumet) on the 'Earn & Invest Podcast' to talk about what it feels like to be a late starter in these uncertain times. Questions about a recession are looming and it's scary, especially for those just waking up and trying to catch up. They discuss the ups and downs and how late starters can still stay on track. đConnect with us â Like what you hear on Catching Up to FI? Support the show at "Buy Me a Coffee" đď¸We love hearing from you! Record a Voice Message with your feedback or question Record a Voice Message with your feedback or question === DEALS AND DISCOUNTS FROM OUR TRUSTED PARTNERS=== Personal Finance Club: Use code CUTOFI to get $30 OFF any course or PFC investing course only Nectarine: Advice-Only and Flat-Fee Hourly Fiduciary Financial Advisors (Catching Up to FI will be compensated by Nectarine if you use our affiliate link, which creates an incentive and conflict of interest. We are not current clients or employees of Nectarine.) For a full list of current deals and discounts from our partners, sponsors and affiliates, click here: catchinguptofi.com/our-partners RESOURCES MENTIONED ON THE SHOW: (As an Amazon Associate, I earn from qualifying purchases.) The Earn & Invest Podcast Scott Trench- Bigger Pockets Book- F.I.R.E. For Dummies FI Freedom Retreats â° âCatching Up to FIâ Episodes Bonus Episode: The Market is Crashing, Now What? | Bill & Jackie | 135 International Educator, Bali FIRE | Amy Minkley | 137 The pURPOSE Code | Jordan Grumet | 115 Purpose, Identity, & Connection | Jordan Grumet | 022 âThe Risk Parity Paradoxâ an Exercise in Simple Complexity? | Frank Vasquez | 124 SpongeBob and Drawdown Strategies | Frank Vasquez | 044 If you enjoyed this episode, please follow the show on your podcast player and leave us a rating or review. If you want to watch, be sure to subscribe to our YouTube Channel. This helps others find the show and keeps us creating great content for you! â ď¸Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.

Apr 20, 2025 ⢠55min
International Educator, Bali FIRE | Amy Minkley | 137
Amy Minkley is the founder of FI Freedom Retreats, a passion project that was born out of her love and gratitude for the F.I.R.E. (Financial Independence, Retire Early) movement and community. In this episode, she shares her journey to achieving financial independence (FI) while living in Bali, Indonesia. Amy gives us a glimpse into her lavish yet affordable lifestyle, spending only $30k a year. She details her frugal upbringing, early teaching career in Japan, and subsequent well-paid international teaching positions that allowed her to save aggressively. The episode also highlights Amy's contributions to the local Balinese community through the FI Freedom Retreats, aimed at educating and bringing together the FI community in Asia. đ Visit Catching Up to FI website đConnect with us â Like what you hear on Catching Up to FI? Support the show at "Buy Me a Coffee" đď¸We love hearing from you! Record a Voice Message with your feedback or question Record a Voice Message with your feedback or question ===DEALS AND DISCOUNTS FROM OUR TRUSTED PARTNERS=== Personal Finance Club: Use code CUTOFI to get $30 OFF any course or PFC investing course only Nectarine: Advice-Only and Flat-Fee Hourly Fiduciary Financial Advisors (Catching Up to FI will be compensated by Nectarine if you use our affiliate link, which creates an incentive and conflict of interest. We are not current clients or employees of Nectarine.) For a full list of current deals and discounts from our partners, sponsors and affiliates, click here: catchinguptofi.com/our-partners RESOURCES MENTIONED ON THE SHOW: (As an Amazon Associate, I earn from qualifying purchases.) đWebsite- FI Freedom Retreats Facebook Instagram Amyâs CampFI Talk Charity: PKP Womenâs Centre EconoMe Conference FI Friends Travel CampFI đBook: Your Money or Your Life (Vicki Robin & Joe Dominguez) IRS Foreign Tax Credit â° âCatching Up to FIâ Episodes DoĂąa Quixote, Life Energy, and The Coming of Aging | Vicki Robin | 94 Enoughness: Your Life or Your Money | Vicki Robin | 95 Mr 4% is now Mr 5% | Bill Bengen | 111 Stories, Hacks, & Tribes | Brad Barrett | 021 Leaning Out: Cracking the Burnout Code | Dawn Baker | 119 Stories, Hacks, & Tribes | Brad Barrett | 021 Weathering Financial Storms | Kristen Knapp | 114 Twin Wins with the Baughier Brothers: CampFI, EAGLE Cohousing, and Fiology | David & Stephen Baughier | 089 If you enjoyed this episode, please follow the show on your podcast player and leave us a rating or review. If you want to watch, be sure to subscribe to our YouTube Channel. This helps others find the show and keeps us creating great content for you! â ď¸Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.

Apr 16, 2025 ⢠43min
Our Team is Growing: Welcome Patrick! | Patrick McDonnal | 136
We're excited to introduce you to our newest 'Catching Up to FI' team member, Patrick McDonnal. In this episode, you'll get to hear some of his money story and how he'll be helping with the show. Patrick discusses his career transition from engineering to financial planning and openly shares how the early financial education he got from his grandfather helped shape his journey. We're also celebrating with Patrick because he just sat for the very challenging, CFP Exam in March and got a preliminary 'Pass'. He is now well on his way to earning his Certified Financial Planner credential. đConnect with us â Like what you hear on Catching Up to FI? Support the show at "Buy Me a Coffee" đď¸We love hearing from you! Record a Voice Message with your feedback or question Record a Voice Message with your feedback or question === DEALS AND DISCOUNTS FROM OUR TRUSTED PARTNERS=== Personal Finance Club: Use code CUTOFI to get $30 OFF any course or PFC investing course only Nectarine: Advice-Only and Flat-Fee Hourly Fiduciary Financial Advisors (Catching Up to FI will be compensated by Nectarine if you use our affiliate link, which creates an incentive and conflict of interest. We are not current clients or employees of Nectarine.) For a full list of current deals and discounts from our partners, sponsors and affiliates, click here: catchinguptofi.com/our-partners RESOURCES MENTIONED ON THE SHOW: (As an Amazon Associate, I earn from qualifying purchases.) FPA NexGen Leadership CASHFLOW Game George Kinder / Life Planning ChooseFI đ Choose FI: Your Blueprint to Financial Independence Chris Mamula EconoMe Conference Personal Finance Club â° âCatching Up to FIâ Episodes George Kinder (coming in May) The Powers of Starting Late, Retirement Calculators, and More | Chris Mamula | 086 Simplicity, Empathy, Leadership, Robots, Oh My! | Jeremy Schneider | 056 Stories, Hacks, & Tribes | Brad Barrett | 021 Find Your Camino | Diania Merriam | 029 If you enjoyed this episode, please follow the show on your podcast player and leave us a rating or review. If you want to watch, be sure to subscribe to our YouTube Channel. This helps others find the show and keeps us creating great content for you! â ď¸Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.

Apr 13, 2025 ⢠1h 30min
How to Bake a Cake: An Asset Allocation Mashup | Rick Ferri & Paul Merriman | 134
Joining us on this episode is not just one, but TWO titans in the investing and financial literacy space, Rick Ferri and Paul Merriman. These two great minds go head-to-head on topics like asset allocation, and the risks/rewards of small cap value funds vs. total stock market funds. Through this high energy debate, they also provide expert insights into the various stages of your investing journey. Rick and Paul both share how they empower investors through their platforms and continue their relentless mission of spreading financial education. đConnect with us â Like what you hear on Catching Up to FI? Support the show at "Buy Me a Coffee" đď¸We love hearing from you! Record a Voice Message with your feedback or question Record a Voice Message with your feedback or question === DEALS AND DISCOUNTS FROM OUR TRUSTED PARTNERS=== đ Student Loan Planner Get a custom student loan plan from our CFPÂŽ, CFA and CSLPÂŽ professionals. They charge a one-time fee for their thorough review. Our listeners receive $100 off a 1:1 consult using the link below. Flat fee is normally $595, but after your $100 off âCatching Up to FIâ discount, it's $495. đđź Be sure to use this link: studentloanplanner.com/catchingup đ Boldin (formerly NewRetirement) Retirement planning software that's like having a financial advisor at your fingertips. You can get started with the free version or choose the premium option (PlannerPlus) and get a 14-day free trial. đđź Be sure to use this link to get started: Go.boldin.com/catchingup For a full list of current deals and discounts from our partners, sponsors and affiliates, click here: catchinguptofi.com/our-partners RESOURCES MENTIONED ON THE SHOW: (As an Amazon Associate, I earn from qualifying purchases.) đRickFerri.com Bogleheads on Investing Podcast The John C. Bogle Center for Financial Literacy List of Vanguard Funds and ETFs Bogleheads Investment Policy Statement đPaulMerriman.com Merriman Financial Education Foundation Merriman Financial Literacy Program at Western Washington University Paul Merriman Quilt Charts (1928-2024) - 2024 Returns Paul Merriman Sound Investing Portfolios Performance (50-50) - 2024 Returns đWhat Works on Wall Street, Fourth Edition âCatching Up to FIâ Episodes: Financial Literacy and Mastering the Million Dollar Decisions | Paul Merriman | 132 We're Talking Millions! Part 1 | Paul Merriman | 008 We're Talking Millions! Part 2 | Paul Merriman | 009 If you enjoyed this episode, please follow the show on your podcast player and leave us a rating or review. If you want to watch, be sure to subscribe to our YouTube Channel. This helps others find the show and keeps us creating great content for you! â ď¸Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.

Apr 7, 2025 ⢠54min
Bonus Episode: The Market is Crashing, Now What? | Bill & Jackie | 135
The stock market recently plummeted by 10%, causing fear among investors. Bill and Jackie discuss how to manage emotional responses during such turbulent times. They emphasize the importance of understanding historical market fluctuations and offer strategies like rebalancing and tax-loss harvesting. Personal anecdotes from past market crises highlight the need for patience and long-term perspective. The duo encourages a calm approach, viewing downturns as potential buying opportunities while advocating for community support in navigating these challenges.

Apr 6, 2025 ⢠1h 2min
Cashing in on 72(t): The Goldmine of Early Retirement Rules (Part2) | Bill Stecker | 133
Bill Stecker, a CPA and 72(t) expert, shares his wealth of knowledge on early retirement strategies. He breaks down the complexities of the 72(t) rule, explaining how to withdraw from retirement accounts before age 59.5 without penalties. Bill discusses calculation methods for maximizing distributions and emphasizes the importance of financial planning and adaptability. Personal anecdotes illustrate successful strategies, while innovative tools like Bolden and Talkspace are highlighted for financial and mental support. Get ready to navigate the early retirement landscape!

Apr 2, 2025 ⢠34min
Financial Literacy and Mastering the Million Dollar Decisions | Paul Merriman | 132
April is Financial Literacy Month, and to help us celebrate we brought in a returning guest, Paul Merriman. Paul has been on the show before to discuss investment portfolios, but today he talks with us about some extraordinary strides he's making as a financial literacy advocate through his nonprofit, The Merriman Financial Education Foundation. We also share some of our favorite financial literacy resources. đConnect with us â Like what you hear on Catching Up to FI? Support the show at "Buy Me a Coffee" đď¸We love hearing from you! Record a Voice Message with your feedback or question Record a Voice Message with your feedback or question === THANK YOU TO OUR SPONSOR === đ Boldin (formerly NewRetirement) is our newest sponsor! Boldin is retirement planning software that's like having a financial advisor at your fingertips. With Boldin, you can: â
Track your savings â
Get personalized retirement advice based on your goals â
Explore investment options to grow your wealth â
And create a strategy thatâs built for your unique needs You can get started with the free version or choose the premium option (PlannerPlus) and get a 14-day free trial. Be sure to use this link to get started: Go.boldin.com/catchingup For a full list of our partners, sponsors and affiliates, click here: catchinguptofi.com/our-partners RESOURCES MENTIONED ON THE SHOW: đWebsite Merriman Financial Literacy Program at Western Washington University IGrad Next Gen Personal Finance White Coat Investor The John C. Bogle Center for Financial Literacy âCatching Up to FIâ Episodes: We're Talking Millions! Part 1 | Paul Merriman | 008 We're Talking Millions! Part 2 | Paul Merriman | 009 Celebrating Financial Literacy Month with Next Gen Personal Finance | Tim Ranzetta | 072 If you enjoyed this episode, please follow the show on your podcast player and leave us a rating or review. If you want to watch, be sure to subscribe to our YouTube Channel. This helps others find the show and keeps us creating great content for you! â ď¸Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.

Mar 30, 2025 ⢠60min
72(t) Expert Tells All: No More Secrets About Early Withdrawals (Part 1) | Bill Stecker | 131
One of the most frequent questions we get about retiring early is: 'How do I get money out of my retirement accounts before age 59.5, without paying the 10% penalty'? This episode answers that question and more with CPA and 72(t) expert, Bill Stecker. Bill is the founder of The Marble Group which specializes in federal income taxes and early retirement distributions. He's also the brilliant mind behind the website '72tcalc', hands down the most comprehensive resource we've found specifically focusing on 72(t)s. Cohost Jackie knows because she set up her own substantially equal periodic payments (SEPP) using IRS rule 72(t) in 2024 and will share some details of her first-hand experience. If you've been fearful and confused about how 72(t)s work, fear no more! In this episode, we thoroughly break down everything you need to know in a way you've never heard before. We also discuss more than a dozen other ways the IRS allows you to legally avoid federal tax penalties for early withdrawals from your retirement accounts. To make sure we did this topic justice, we turned it into a 2-part series. This is part 1, and part 2 will be released next week; both packed with valuable insights and practical tips for anyone considering early retirement. â ď¸ Clarifications from this episode: IRS âRule of 50â for public safety workers who retire after age 50 are exempt from the 10% early distribution penalty. It does include EMTs (Emergency Medical Technicians), however, it does not include all doctors and nurses (see IRS code linked below or read this article). For medical expenses, the 10% early withdrawal penalty can be waived without itemizing your deductions if the amount of unreimbursed medical expenses is more than 7.5% AGI. (see IRS code linked below or read this article). đConnect with us â Like what you hear on Catching Up to FI? Support the show at "Buy Me a Coffee" đď¸We love hearing from you! Record a Voice Message with your feedback or question Record a Voice Message with your feedback or question === THANK YOU TO OUR SPONSOR === đ Boldin (formerly NewRetirement) is our newest sponsor! Boldin is retirement planning software that's like having a financial advisor at your fingertips. You can get started with the free version or choose the premium option (PlannerPlus) and get a 14-day free trial. Be sure to use this link to get started: Go.boldin.com/catchingup For a full list of our partners, sponsors and affiliates, click here: catchinguptofi.com/our-partners RESOURCES MENTIONED ON THE SHOW: đ72tcalc.com Website Free consultation with Bill Steckerâs Firm- The Marble Group email: themarblegroup@wispertel.net Phone: (312) 361-0221 Jackieâs review of 72tcalc.com website Most recent IRS list of exceptions to 10% tax penalty on early withdrawals IRS Tax Code 72(t)- Substantially Equal Periodic Payments (SEPP) IRS Single Life Table- Effective 1/1/2022 IRS website with the listing of recent interest rates (120% of Applicable Federal Midterm Rate) IRA first time homebuyer exception (you are considered a first-timer if you haven't owned a primary home the past 2 years) Rule 72(t) Example- Eric Cooper Rule 72(t) Example- Dare to Draw Down đą72(t) CALCULATORS FI Tax Guy Google Sheet Dinkytown CalcXML 72tcalc 72net If you enjoyed this episode, please follow the show on your podcast player and leave us a rating or review. If you want to watch, be sure to subscribe to our YouTube Channel. This helps others find the show and keeps us creating great content for you! â ď¸Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.

Mar 26, 2025 ⢠44min
Discipline Is Hard To Maintain In The Heat of Battle | Bill Yount | 130
'Catching Up to FI' founder and co-host, Bill Yount, appeared as a guest on the EverydayFI podcast with host Meghan Combs. The show explores the lives and stories of everyday people in the financial independence community so Bill opens up about his FI journey as a late starter. He of course represents our Catching Up to FI community. He had a lot to say so this is the second part of a two-part episode. The first part was aired last Wednesday (episode 128) so be sure to check it out. đ Visit Catching Up to FI website đConnect with us â Like what you hear on Catching Up to FI? Support the show at "Buy Me a Coffee" đď¸We love hearing from you! Record a Voice Message with your feedback or question Record a Voice Message with your feedback or question === THANK YOU TO OUR SPONSOR === đ Boldin (formerly NewRetirement) is our newest sponsor! Boldin is retirement planning software that's like having a financial advisor at your fingertips. With Boldin, you can: â
Track your savings â
Get personalized retirement advice based on your goals â
Explore investment options to grow your wealth â
And create a strategy thatâs built for your unique needs You can get started with the free version or choose the premium option (PlannerPlus) and get a 14-day free trial. Be sure to use this link to get started: Go.boldin.com/catchingup For a full list of our partners, sponsors and affiliates, click here: catchinguptofi.com/our-partners Resources mentioned on the show: (As an Amazon Associate, I earn from qualifying purchases.) EverydayFI podcast If you enjoyed this episode, please follow the show on your podcast player and leave us a rating or review. If you want to watch, be sure to subscribe to our YouTube Channel. This helps others find the show and keeps us creating great content for you! Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.

Mar 23, 2025 ⢠1h 15min
Not Just Another Album, Itâs A Money Revolution! | Alan & Katie Donegan | 129
In this episode we welcome back the rebels, Katie and Alan Donegan. They are founders of the Rebel Finance School and have turned the concept of financial independence (FI) into an energetic global movement. We are celebrating the launch of their brand-new music album. But it's not just music, itâs a Money Revolution and the world's first financial independence album! The Donegans give us a behind the scenes look at the making the of the album and a backstage pass to some of the tracks, including: đ¤ 4% Rule đ¤ Badassity (Mustachianism) đ¤ Create a Gap đ¤ The Boring Middle But wait... there's more! We also get a preview of the Donegansâ upcoming book, 'The Rebels Guide to Financial Freedom: Simple Missions to Take you from Zero to Money Superheroâ. The forward is written by one of the most recognized names in the FI Movement, Mr. Money Mustache! đ Visit Catching Up to FI website đConnect with us â Like what you hear on Catching Up to FI? Support the show at "Buy Me a Coffee" đď¸We love hearing from you! Record a Voice Message with your feedback or question Record a Voice Message with your feedback or question === THANK YOU TO OUR SPONSOR === đ Boldin (formerly NewRetirement) is our newest sponsor! Boldin is retirement planning software that's like having a financial advisor at your fingertips. With Boldin, you can: â
Track your savings â
Get personalized retirement advice based on your goals â
Explore investment options to grow your wealth â
And create a strategy thatâs built for your unique needs You can get started with the free version or choose the premium option (PlannerPlus) and get a 14-day free trial. Be sure to use this link to get started: Go.boldin.com/catchingup For a full list of our partners, sponsors and affiliates, click here: catchinguptofi.com/our-partners RESOURCES MENTIONED ON THE SHOW (As an Amazon Associate, I earn from qualifying purchases.) đWebsite đśNew Album: Money Revolution: The Worldâs First Financial Independence Music Album! Buyđđť đľđż đNew Book: 'The Rebelsâ Guide to Financial Freedom: Simple Missions to take you from Zero to Money Superhero Rebel Entrepreneur Podcast Sign up for Alan & Katieâs 2025 Rebel Finance School Rebel Donegans YouTube The Shockingly Simple Math behind retiring early retirement article 'Catching Up to FIâ Episodes: Indiana Jones and an Extraordinary Life with the Donegans | Alan and Katie Donegan | 079 Sustainable FIlosophy with Mr. Money Mustache | Pete Adeney | 073 The pURPOSE Code | Jordan Grumet | 115 Mr 4% is now Mr 5% | Bill Bengen | 111 If you enjoyed this episode, please follow the show on your podcast player and leave us a rating or review. If you want to watch, be sure to subscribe to our YouTube Channel. This helps others find the show and keeps us creating great content for you! â ď¸ Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.
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