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Unlocking Your First Mini-Retirement with Jillian Johnsrud | EP 333

In this week’s episode, Brad and Jonathan are joined by Jillian Johnsrud, the host of the Everyday Courage podcast and fellow FI guru. Jillian shares with the guys the concept behind a mini-retirement, or in other words taking an extended period of time off outside of the so called “golden years.” Together, the trio discussed …

Is Your Pension Healthy? | EP 316

Watch Listen Read Lindsay and Troy from Households of FI with Grumpus Maximus Website: Grumpusmaximus.com What You’ll Get Out Of Today’s Show Back in another installment of ChooseFI’s Households of FI series are Troy and Lindsay. In episode 241, Brad helped them calculate their FI number, but Lindsay is a teacher with the potential to …

How to Factor My Mortgage into My FI Number | Live Stereo Q&A | EP 307

Watch Listen Read What You’ll Get Out Of Today’s Show After four weeks of hosting the live weekly show via Stereo, Brad and Jonathan continue to refine the format and come up with ideas for improving the experience. Jonathan needs some specialized dental work performed and the dentist he found is out-of-network. Insurance isn’t going …

How And Why To Set Up A Roth IRA Conversion Ladder

One problem with retiring early is that you can’t access your tax-sheltered retirement accounts until 59 1/2 without taxes and penalties. Luckily the Roth IRA conversion ladder can help solve this problem. Hello, early retirement! The Basics Of Roth IRAs Before we go any further, let’s take a quick look at Roth IRAs and how they …

Mapping Out Your FI Number | Households of FI with Corinne | EP 304

Watch Listen Read Corinne with Jonathan What You’ll Get Out Of Today’s Show Jonathan checks back in with Corinne from the Households of FI series to look at her numbers, goals, and map out a FI plan. Financial independence is not about having the most money. In the pursuit of FI, the math is simple, …

Transition Planning from a Military Career on the Path to FI | EP 296

Household of FI-Matt & Megan with mentor Doug Nordman What You’ll Get Out Of Today’s Show We are circling back to check in with our Households of FI families. First up are Matt and Megan, our international, dual military couple. Having a military pension is like having multiple lottery tickets. You have both healthcare and …

Be Wise, Your Financial Future is at Stake | Dan Otter | EP 279

Dan Otter Website: 403bwise.org Facebook: 403bwise Email: [email protected] What You’ll Get Out Of Today’s Show Teachers have been getting taken advantage of when it comes to their investment options. Thankfully, the internet and technology have made it easier to get the word out and help teachers wanting to do better. During his first year of …

Retire Early…For You | EP 278

Amy Blacklock Website: Life Zemplified Website: Women Who Money Email: [email protected] Email: [email protected] What You’ll Get Out Of Today’s Show Don’t fall for the misconception that financial independence is just for 20 and 30-year-olds. It is for everyone at any age and it’s not too late to get started. Amy had a wake-up call in …

Newretirement.Com: A Great Online Planner For Fi In 2021

Napoleon Hill, author of the ChooseFI staple Think and Grow Rich, famously said, “Plan your work and work your plan.” If you know anything about the journey to Financial Independence, you know that achieving it means having a plan for your money. If you don’t have a plan, retiring early may be something you talk …

The Golden Albatross | Grumpus Maximus | Ep 227

Grumpus Maximus Website:  grumpusmaximus.com What You’ll Get Out Of Today’s Show How can you calculate a pension’s value? Is it worth it? And how do you incorporate this future income into your retirement plan? The 10th year of employment in a pensionable career is frequently an inflection point. It’s this halfway point when people begin …

Is The Retirement Saver’s Credit Worth It In 2020? | Ep 213

In Today’s Episode What You’ll Get Out Of Today’s Show Memorial Day – Cooking with ChooseFI recipes. Enjoy some “FI-ne Dining” while saving in the process. Retirement Savers Credit – The guys detail this little known tax credit. Tax credits v tax deductions AND refunded v non-refundable credit. Sean mentioned this on is live: choosefi.com/live. With …

Little Known Roth Hacks | Ep 210

In Today’s Episode Distributions from Roth 401(k)s are NOT the same as distributions from Roth IRAs. With Roth IRAs, contributions come out first tax and penalty free. With Roth 401(k)s, distributions are subject to the so-called “cream-in-the-coffee” rule – all distributions take out contributions and earnings (which is bad news – the earnings piece is …