ChooseFI
ChooseFI
How would your life change if you reached Financial Independence and got to the point where working is optional? What actions can you take today to make that not just possible but probable. Jonathan & Brad explore the tactics that the FI community uses to reclaim decades of their lives. They discuss reducing expenses, crushing debt, tax optimization, building passive income streams through online businesses and real estate and how to travel the world for free. Every episode is packed with actionable tips and no topic is too big or small as long as it speeds up the process of reaching financial independence.
Episodes
Mentioned books
140 snips
Feb 5, 2024 • 58min
475 | How to Access Your Retirement Accounts Before 59.5 | Sean Mullaney
Tax expert Sean Mullaney joins the show to discuss strategies for accessing retirement funds early, including taxable accounts, inherited retirement accounts, 457B's, roth conversion ladders, and the rule of 55. The discussion explores various options for withdrawing money before age 59.5 without penalties and provides valuable insights into maximizing tax efficiency for early retirees.
20 snips
Jan 29, 2024 • 1h 4min
474 | Social Security Deep Dive | Denis Shapiro
Denis Shapiro, owner of Financial Security Advocates, discusses the importance of Social Security benefits in FI planning. The podcast covers misconceptions about Social Security, calculating benefits, earning inclusion for small business owners, benefits for divorced spouses, filing strategies, and Medicare. Listeners are encouraged to visit ssa.gov, reach out to Financial Security Advocates, and join the ChooseFI community.
52 snips
Jan 22, 2024 • 50min
473 | Are We There Yet? 'Retire Early' Case Study
Retirement expert Fritz Gilbert and guest Teresa discuss calculating retirement, tracking expenses, health insurance, planning, and health spanning. They provide valuable insights on transitioning to early retirement, exploring medical insurance options, maximizing investments and time, and the importance of updating retirement plans.
9 snips
Jan 15, 2024 • 54min
472 | The Cure for the Boring Middle | Fioneers
Explore the 'boring middle' stage in the financial independence journey and its potential for growth. Shift focus from practical aspects to finding fulfillment. Embrace lifestyle design through iterative process of self-discovery and experimentation. Break free from societal expectations and embrace your true desires. Discover the joy of flow and connecting with others. Set meaningful goals and find balance between present satisfaction and future aspirations. Learn about 'slow-fi' and 'close-fi' phrases and ways to get involved with ChooseFI community.
9 snips
Jan 8, 2024 • 46min
471 | Mailbag: Inflation and FI, ACA Subsidies, Roth vs. Trad and More | Cody Garrett
In this episode, Cody Garrett, Founder of Measure Twice Money, joins the hosts to answer listener questions on topics such as inflation and financial independence, ACA subsidies for early retirees, Roth 401k vs. Roth IRA, and diversifying a concentrated portfolio. They discuss the importance of accounting for inflation when calculating the FI number, maximizing ACA subsidies through strategic withdrawals, and strategies for reducing concentration risk in investments. A valuable episode for those interested in early retirement planning and optimizing their financial strategy.
9 snips
Jan 1, 2024 • 1h 11min
470 | The Spectrum of Financial Independence | Chris Hutchins
Chris Hutchins, host of the All the Hacks podcast, joins the show to discuss the spectrum of financial independence. They explore terms like FI versus FIRE, lean FI, and coast FI, and share tools for tracking FI. They also touch on optimizing accounts, the skill of spending, prioritizing health, and dying with zero. From evolving definitions to changes in their own journeys, they cover all aspects of FI and how it can lead to a more fulfilling life.
Dec 25, 2023 • 56min
469 | A Tale of Action | Navish Bahl
Navish Bahl, a listener, shares his actionable steps towards financial independence (FI) including real estate investing, upskilling, tracking expenses, and getting on the same page with your significant other. They also discuss negotiation techniques for salary, unexpected expenses, and engaging with the podcast community.
Dec 18, 2023 • 48min
468 | Year End Wins 2023
In this episode, the hosts celebrate the year-end wins of their listeners including supplementing income, confidently investing in the future, life by design, and finding support in the FI community. They emphasize the value of time and taking action towards reclaiming freedom. The episode highlights achievements in skilling up, helping family, breaking the cycle, and being 1% better. The hosts also discuss the significance of budgeting, challenging false choices, and making positive changes in life. They share a remarkable story of Sabrina's financial journey and announce exciting news.
Dec 11, 2023 • 54min
467 | The Power of Community | Amy, Diania, and Stephen
"The Power of Community" features guests Stephen, Amy, and Diania, who organize live events for the FI community. They discuss the impact of attending in-person events, the benefits of community support, the value of vulnerability, and the energy in the room. They also explore the evolution of FI events and the ways attendees find value. This episode emphasizes the importance of in-person connections and the power of community in the financial independence journey.
4 snips
Dec 4, 2023 • 42min
466 | Journey to Financial Freedom | Jamila Souffrant
Guest Jamila Souffrant discusses finding a sustainable path to financial independence, adjusting lifestyle choices, and the importance of mindset. They also explore the evolution of the financial independence community to focus on increasing income, the power of growth mindset for personal growth, and the challenges of balancing earning potential and family commitments. The podcast emphasizes setting financial goals, being flexible, and embracing change while achieving financial freedom.
