Catching Up to FI

This is Part 2 of a conversation with Paul Merriman about his book We're Talking Millions! Part 1 is Episode 8.  Here we talk about Dollar Cost Averaging, managing taxes, Target-date funds, Small Cap Value, rebalancing, and more.  Paul is an expert on index funds and asset allocation. He is a passionate educator focused on helping individual and DIY investors. 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Resources mentioned on the show: (As an Amazon Associate, I earn from qualifying purchases.) 📗 We're Talking Millions!: 12 Simple Ways to Supercharge Your Retirement www.paulmerriman.com Sound Investing Podcast Free Ebooks 2 Funds for Life Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Paul Merriman is a retired financial advisory firm founder with over a billion dollars of assets under management when he sold his company in 2012.  He is a passionate financial educator who aims to help the individual investor.  Today we are fortunate to have him spend time with us talking about 12 simple ways to supercharge your retirement.  This is Part 1 of a 2-part episode full of nuggets of wisdom.  CORRECTION:  Please note that at minute 15 there is a numerical error.  "I misspoke and said $100 in stocks grew from 7,500 to 12,000 and it should have been 750,000 and 15 million." 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Resources mentioned on the show: www.paulmerriman.com Sound Investing Podcast The Merriman Financial Education Foundation Free Ebooks https://opensocialsecurity.com Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Jackie Cummings Koski, CFP, has been featured on CNBC, The Rachel Ray Show, Marketwatch, Forbes, and People Magazine. She is a single mother and a force in financial education who grew up in poverty, started late on her path to FI, and "finished early" with a net worth of $1.4M at 49 years old.  Her story is incredible.  Her wisdom is vast.  Her dream of a financially literate society is a palpable passion.  She is not done yet! 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Resources mentioned on the show: (As an Amazon Associate, I earn from qualifying purchases.) Jackie can be reached at Money Letters Jackie supports Better Investing Jackie's Book Money Letters 2 My Daughter is available for purchase on Amazon If you wish to obtain an In Case of Emergency (ICE) Binder, you can find it at Emergency Binders Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Becky and Bill are interviewed by Jordan Grummet, aka Doc G, on the Earn & Invest Podcast. We attempt to answer the question is it ever too late to start among other topics for late starters.  We are out of town at the Econome Conference and will return with a new guest next week. 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Deanna Hutchison of www.brokenvesselsmadewhole.life had an alcohol and drug addiction that left her devastated personally and financially in mid-life.  She talks with us about her journey from despair to redemption, recovery, and forgiveness on her late start in life and financial independence.  Her story, message, and mission are powerful.  This is a must-listen inspirational episode. 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Resources mentioned on the show: Broken Vessels Made Whole Dave Ramsey Financial Peace University JL Collins, The Simple Path to Wealth ChooseFI The ancient Japanese art of Kintsugi Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Bill & Becky are joined by their first guest, Late Starter FIRE, hails from Down Under in Melbourne Australia.  She woke up to financial independence at 47 and is on track to retire at 55!  She takes us through her action plan for late starters available on her website www.latestarterfire.com. 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Resources mentioned on the show: LateStarterFire Late Starter Fire Action Plan Use discount code cathcinguptofi at checkout to get the Action Plan + Companion Journal for the price of the action plan alone. Late Starter Fire Facebook Group Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Bill and Becky talk cash flow planning and sinking funds.  We try and make them sexy and help you see why they are an invaluable way to take care of occasional expected expenses and unexpected financial surprises. 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Bill interviews his co-host Becky and takes you on a behind-the-scenes look at how she and her husband started with a net worth of zero at fifty and retired "earlier than never" at 63! 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Resources mentioned on the show: www.startedat50.com https://www.facebook.com/groups/725860611251916 Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Becky interviews her co-host Bill regarding his conflicted relationship with money on the way to financial recovery after a late start on the journey to financial independence. 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Resources mentioned on the show: Catching Up to FI | Facebook Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Bill & Becky are late starters on the journey to financial independence.  They introduce the show and give a glimpse of what to expect. 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financial Advisors Resources mentioned on the show: Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.