The Nays And Yeas Of SEPP

In Part 1, we covered the essential meaning of SEPP. Now, let’s understand why SEPP is often criticized or left as a sidebar comment in FIRE discussions, while exploring counter-arguments that will help improve SEPP’s self-esteem and get you excited to dig deeper. Here are some typical reasons SEPP is viewed as a less attractive FIRE option. “It’s too complex” “It’s too risky” “It’s superfluous given so many other FIRE … Read more

403(b) Vs 401(k)–Which One Is Best For You?

If you’re like a lot of people, you’ve contributed to a 401(k) at some point in your life. It’s usually intentional and not automatic, though that is changing. A good thing about that change is that new employees are automatically enrolled as opposed to having to sign up. The bad part is that the percentage is usually only 3% of their salary. Either way, contributing has many benefits. Forced savings, … Read more

When To Claim Social Security

Are you afraid that you won’t be able to “get yours” when it comes to social security and therefore plan to take it early? Or do you procrastinate so bad that you don’t think you’ll claim social security until 70? Well, there’s some planning you can do that could significantly change the lifetime benefits you receive. Once you get to retirement, you have the choice of when to start claiming … Read more

How I Learned To Stop Worrying And Love The Index

How I learned to stop worrying and love the index

It’s been reported that only one in three Millennials own any stock. For many, this is due to low income and high debt. This makes it tough to even have the money to invest. However, I also think that many of us have just grown up with a lack of understanding in how investing even works. Combine that with a mistrust of the market, based on the dot-com bust and … Read more

How Will The Trump Tax Plan Affect Investors?

The ink is barely dry on the Trump Tax Plan, more formally known as the Tax Cuts and Jobs Act (TCJA), and taxpayers are beginning to fret about its impact. Most people are at least vaguely aware that the plan lowers most marginal tax rates, increases some deductions, but lowers or eliminates others. But how will the Trump tax plan affect investors? At this point, many of the details of … Read more

The Failing 403(b) Was My Wake-Up Call

Have you ever been so eager to get, do, or have something that you couldn’t see its failings? We’ve all been there, at some point in our lives, wearing those rose-colored glasses. Many times we’re not fully to blame, and sometimes we are. Massive marketing makes it easy to see only the roses, while the reality is vastly different. Join me as I shed light on my failing 403(b). The … Read more

Why I’ll Date Personal Capital and Elope with VTSAX

“And instead of saying all of your goodbyes, let them know you realize that life goes fast, it’s hard to make the good things last. You realize the sun doesn’t go down, it’s just an illusion caused by the world spinning ’round.” — Wayne Coyne, Do You Realize?, The Flaming Lips, 2002 Musical Interlude … Skip if you must. The Flaming Lips are among my all-time favorite bands. I’ve seen their … Read more

The Wealth Building Triangle

You’ve probably heard the saying, “Earn More, Spend Less, and Invest the Rest.” The Wealth Building Triangle is a way of visualizing each piece of that equation and how they combine to move you towards FI. Our engineer readers may know that triangles are the strongest shape out there. The reason for that is that weight (or any force) is distributed across all three sides. The sides all work together … Read more

052 | FIRE State of the Union | Todd Tresidder | Risk Management

Risk Management

Play / pause 1x 1.5x 2x 0:00 0:00 01:19:10 volume 052 | FIRE State of the Union | Todd Tresidder | Risk Management iTunesStitcherSpotifyLeave a ReviewDownloadGoogle PlayShare Clammr ItListen in a New WindowSoundCloudSubscribe on AndroidSubscribe via RSS Todd Tresidder from Financial Mentor comes on the show to share his perspective on the traditional way FI is taught ( FIRE State of the Union)  and where it could be improved. We … Read more

047R |The Rule of 72

047R The Rule of 72

Play / pause 1x 1.5x 2x 0:00 0:00 00:42:28 volume 047R |The Rule of 72 iTunesStitcherSpotifyLeave a ReviewDownloadGoogle PlayShare Clammr ItListen in a New WindowSoundCloudSubscribe on AndroidSubscribe via RSS In today’s podcast we recap Episode 47 with Bryce and Kristy from Millennial Revolution including talk of home ownership and world travel, but a reader case study and voicemail. In Today’s Podcast we cover: A recap of our main takeaways from … Read more

043 | Drawdown Strategy | The Retirement Manifesto

Play / pause 1x 1.5x 2x 0:00 0:00 01:15:32 volume 043 | Drawdown Strategy | The Retirement Manifesto iTunesStitcherSpotifyLeave a ReviewDownloadGoogle PlayShare Clammr ItListen in a New WindowSoundCloudSubscribe on AndroidSubscribe via RSS In this podcast we have a far-ranging conversation with Fritz from the Retirement Manifesto about retirement drawdown strategies, his ‘buckets’ system, and his upcoming retirement. In Today’s Podcast we cover: Retirement drawdown strategies with Fritz from Retirement Manifesto … Read more

039R | Cruise Control

Friday Roundup 039R -Cruise Control

Play / pause 1x 1.5x 2x 0:00 0:00 00:55:13 volume 039R | Cruise Control iTunesStitcherSpotifyLeave a ReviewDownloadGoogle PlayShare Clammr ItListen in a New WindowSoundCloudSubscribe on AndroidSubscribe via RSS In today’s podcast we discuss Episode 39 with Gwen from Fiery Millennials, plus a ‘Cruise Control Path to FI’ case study example and voicemails from our community members. In Today’s Podcast we cover: The Friday Roundup after Episode 39 with Gwen from … Read more

035R | The 4% Rule | Friday Roundup

Friday Roundup 035R

Play / pause 1x 1.5x 2x 0:00 0:00 01:00:40 volume 035R | The 4% Rule | Friday Roundup iTunesStitcherSpotifyLeave a ReviewDownloadGoogle PlayShare Clammr ItListen in a New WindowSoundCloudSubscribe on AndroidSubscribe via RSS In today’s podcast we discuss our takeaways from Episode 35 with Big Ern from Early Retirement Now, plus paying off mortgages and student loans early and frugal wins of the week from the community. In Today’s Podcast we … Read more

035 | Sequence of Return Risk | Early Retirement Now

035.Sequence of Return Risk

Play / pause 1x 1.5x 2x 0:00 0:00 01:12:19 volume 035 | Sequence of Return Risk | Early Retirement Now iTunesStitcherSpotifyLeave a ReviewDownloadGoogle PlayShare Clammr ItListen in a New WindowSoundCloudSubscribe on AndroidSubscribe via RSS In today’s conversation with Big Ern from Early Retirement Now we discuss safe withdrawal rates, sequence of returns risk and much more. In Today’s Podcast we cover: A wide ranging discussion with Big ERN from Early … Read more

034R | What’s Your Risk Tolerance | The Friday Roundup

034R | Risk Tolerance & Asset Allocation

Play / pause 1x 1.5x 2x 0:00 0:00 01:11:59 volume 034R | What’s Your Risk Tolerance | The Friday Roundup iTunesStitcherSpotifyLeave a ReviewDownloadGoogle PlayShare Clammr ItListen in a New WindowSoundCloudSubscribe on AndroidSubscribe via RSS In today’s podcast we discuss our thoughts on Part 2 of the Stock Series conversation with JL Collins, risk tolerance, doomsday scenarios and rebalancing. In Today’s Podcast we cover: The Friday Roundup and the episode Part … Read more

034 | The Stock Series Part 2 | JL Collins

034.The Stock Series Part 2

Play / pause 1x 1.5x 2x 0:00 0:00 01:01:26 volume 034 | The Stock Series Part 2 | JL Collins iTunesStitcherSpotifyLeave a ReviewDownloadGoogle PlayShare Clammr ItListen in a New WindowSoundCloudSubscribe on AndroidSubscribe via RSS This podcast is Part 2 of the Stock Series discussion with JL Collins, author of The Simple Path to Wealth and the website JLCollinsNH; we discuss the Great Depression and the mindset you need to be … Read more

021R | Our First Ever Crowd-Sourced Case Study | Paul

Friday Roundup 021R

Play / pause 1x 1.5x 2x 0:00 0:00 00:54:38 volume 021R | Our First Ever Crowd-Sourced Case Study | Paul iTunesStitcherSpotifyLeave a ReviewDownloadGoogle PlayShare Clammr ItListen in a New WindowSoundCloudSubscribe on AndroidSubscribe via RSS In today’s episode of the Friday Roundup we review our discussion of the Pillars of Financial Independence, take questions and comments from the community and go in-depth on Paul’s live case study. In Today’s Podcast we … Read more

021 | The Pillars of FI

021 - The Pillars of FI

In this episode of the Choose FI Radio Podcast we focus on the essential Pillars of Financial Independence including index investing, affordable housing, the psychology of FI, tax optimization and more.

Not a good time for a podcast? You can read the article inspired by this episode here.

Read more021 | The Pillars of FI

019R | Index Investing | How to buy VTSAX

VTSAX

Play / pause 1x 1.5x 2x 0:00 0:00 00:52:01 volume 019R | Index Investing | How to buy VTSAX iTunesStitcherSpotifyLeave a ReviewDownloadGoogle PlayShare Clammr ItListen in a New WindowSoundCloudSubscribe on AndroidSubscribe via RSS In our Friday roundup Jonathan and Brad discuss the highlights and takeaways from the Monday episode with JL Collins. Then the podcast is opened up and crowd sourced to the community. Find out the specific travel reward … Read more

019 | JL Collins from jlcollinsnh | The Stock Series | Part 1

JL Collins The stock series

Play / pause 1x 1.5x 2x 0:00 0:00 01:31:01 volume 019 | JL Collins from jlcollinsnh | The Stock Series | Part 1 iTunesStitcherSpotifyLeave a ReviewDownloadGoogle PlayShare Clammr ItListen in a New WindowSoundCloudSubscribe on AndroidSubscribe via RSS In Today’s Podcast JL collins from jlcollinsnh joins Jonathan & Brad on the podcast to bring the Stock Series to life. The Power of Index Investing is one of life’s greatest secrets & … Read more

F.I.R.E. Essentials: Low Cost Index Fund Investing

Index Fund

Intro to Low Cost Index Fund Investing   Have you heard of low cost index fund investing? Investing your money in the stock market doesn’t have to be difficult or stressful and you certainly don’t have to spend dozens of hours researching to succeed for the long-term. In fact, I would argue that the most effective long-term wealth building strategy for the stock market also happens to be the simplest. … Read more

003 | Let’s Talk About Fees | Why Investment Fees Are Evil and How to Avoid Them

only-use-index-funds

Play / pause 1x 1.5x 2x 0:00 0:00 00:16:50 volume 003 | Let’s Talk About Fees | Why Investment Fees Are Evil and How to Avoid Them iTunesStitcherSpotifyLeave a ReviewDownloadGoogle PlayShare Clammr ItListen in a New WindowSoundCloudSubscribe on AndroidSubscribe via RSS In Today’s Podcast we cover: Avoiding fees when investing How to invest your 401k?  Nobody knows! Index funds and low cost ETFs are the way to go Readings that … Read more

Early Retirement: 20 Must Read Websites To Retire In 5 Years

Interested in Early Retirement

Early Retirement should be attainable for everyone. Do you want to be financially independent in 5 years. Not sure where to start? These 20 websites will give you all the information you need. for free. This is a living list and will be subject to change as the quality of content available continues to grow.

Read moreEarly Retirement: 20 Must Read Websites To Retire In 5 Years

Congratulations! You’re Broke

Congratulations you're Broke

Well, maybe things aren’t so bad. As of July 4th, 2016 my retirement accounts matched the remaining balance on my student loans. Neither of those numbers is particularly impressive but it allows me to claim a net worth of $0. Net worth is a snapshot in time, it does not define you or even give you a good idea of where you are going. Instead, we need to look at savings rate and the trend over time

Read moreCongratulations! You're Broke