Two Sides of FI

How can you accelerate the boring middle on the path to reaching your financial independence goals? Online FIRE communities are full of posts talking about the challenges of "the messy middle" and, "the long boring middle." Eric and Jason discuss the topic from their pre- and post-FI viewpoints, sharing their own experiences. Show notes: https://twosidesoffi.com/messymiddle

Are you on the FIRE path or interested in learning more about early retirement? Three years ago I retired from my career at age 47 after reaching financial independence the prior year. This video is from a livestream where community members had the opportunity to ask me questions about what my experience has been like. Thanks to all who joined! Don't miss the extensive show notes, which list all the episodes and resources discussed in the episode: Show notes: https://twosidesoffi.com/AMA

Questioning their roles, priorities, and the uncertain future of Two Sides of FI, Jason and Eric unveil hidden tensions arising from the pursuit and realization of financial independence. Will they find common ground and keep the project alive? Show notes: https://twosidesoffi.com/fightclub

Do you have a process for regular financial reviews? If not, you aren't alone - many people are unsure about how to calculate their net worth and keep their personal finances on track. In this episode, Eric and Jason share their simple pre- and post-FI review processes for net worth tracking, portfolio review, setting savings and budget goals, and more. Show notes: https://twosidesoffi.com/networth

Karsten Jeske, creator of an innovative tool for modeling withdrawal strategies, dives into the mechanics of a variable withdrawal strategy. He illustrates how to utilize the SWR toolbox with the CAPE ratio to tailor a plan that adapts to market conditions. This approach effectively manages sequence risk and ensures flexibility in retirement planning, empowering listeners to design a personalized path to financial security.

Budgeting takes center stage as the hosts share their personal financial details, breaking down fixed and variable expenses with a structured approach. They navigate the complexities of healthcare costs and discuss the importance of adapting budgets to life changes. Insights on tracking variable expenses, using tools like YNAB, and the need for sinking funds illuminate their planning strategies. Candid discussions on concert budgeting emphasize balancing life's pleasures with financial goals as they transition toward retirement.

Has your shrinking retirement portfolio left you considering part-time work to ease your anxiety? Inspired by a blog post from Go Curry Cracker, we discuss BaristaFIRE, time freedom, what it means to be "unemployable", and what work we might consider post-retirement. Be sure to see the links below for the show notes and to the blog post referenced in the video.   Show notes: https://twosidesoffi.com/failing GCC post: https://www.gocurrycracker.com/failing-at-early-retirement/

How much money can you safely spend in retirement? In part two of this series on safe withdrawal rates, we discuss the #1 tool we've found to help you answer that question. Topics covered include the SWR Toolbox, our thoughts on Social Security, the challenges of spending in retirement, and how to get comfortable with increasing your withdrawal rate. Be sure to see the links below for the show notes and to Part 1 which walks through this FREE retirement tool. Show notes: https://twosidesoffi.com/toolbox

Do you want to avoid the biggest retirement risk? This simple to use tool will let you model your safe withdrawal rate and help ensure you don't run out of money. In this walkthrough video, we teach you how to use this powerful, flexible, and FREE tool created by Karsten Jeske. Using the SWR Toolbox, you can ensure that you have a personalized plan that works with your own financial situation.  Show notes: https://twosidesoffi.com/toolbox

Do you worry about running out of money in retirement? How do you draw down your assets without tanking your portfolio? Eric + Jason talk with FIRE bloggers Karsten Jeske and Fritz Gilbert about the bucket strategy. Is it a reasonable withdrawal plan or nothing more than a gimmick? They discuss alternative approaches, how to generate a retirement paycheck, and the role of cash. Whether you're interested in FIRE or on a traditional retirement path, you can't afford to miss this episode! Show notes: https://twosidesoffi.com/bucketstrategy