44 min listen
The Speeds of Financial Independence
The Speeds of Financial Independence
ratings:
Length:
20 minutes
Released:
Oct 5, 2022
Format:
Podcast episode
Description
In this episode, Cody and Justin walk listeners through six unique and relatable paths to financial independence.
We cover the assumptions and profile and then determine exactly how long it will take that person to retire.
This was a fun episode that involved a lot of research going into the backgrounds of these scenarios.
At a high level, the six paths include:
Dual Income, no kids, high W2 earners, high cost of living area
Single Income, two kids, lower W2 earner, low cost of living area
Dual Income, two kids, medium W2 earners + real estate, medium cost of living area
Dual Income, two kids, business owners, medium cost of living area
Single Income, no kids, W2 and side hustles, high cost of living area
Dual Income, no kids, real estate investors, low cost of living area
We think you'll find at least one scenario you resonate with and potentially the motivation to swap paths for a faster option.
If you got value from this episode, please share it with a friend!
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!
Grab our FREE Budget Planner
Join our Facebook Group
Leave us a voicemail
Send an email to contact [at] TheFIshow [dot] com
If you like what you hear, please subscribe and leave a rating/review!
>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)
Saving-Sherpa (Justin’s blog)
We cover the assumptions and profile and then determine exactly how long it will take that person to retire.
This was a fun episode that involved a lot of research going into the backgrounds of these scenarios.
At a high level, the six paths include:
Dual Income, no kids, high W2 earners, high cost of living area
Single Income, two kids, lower W2 earner, low cost of living area
Dual Income, two kids, medium W2 earners + real estate, medium cost of living area
Dual Income, two kids, business owners, medium cost of living area
Single Income, no kids, W2 and side hustles, high cost of living area
Dual Income, no kids, real estate investors, low cost of living area
We think you'll find at least one scenario you resonate with and potentially the motivation to swap paths for a faster option.
If you got value from this episode, please share it with a friend!
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!
Grab our FREE Budget Planner
Join our Facebook Group
Leave us a voicemail
Send an email to contact [at] TheFIshow [dot] com
If you like what you hear, please subscribe and leave a rating/review!
>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)
Saving-Sherpa (Justin’s blog)
Released:
Oct 5, 2022
Format:
Podcast episode
Titles in the series (100)
The $80,000 Lifestyle Change | Joel from FI 180: On today's episode, Cody and Justin are joined by Joel from FI 180. It's so inspiring to hear someone who had real spending issues and quickly got them under control. Joel wasn't forced to in order to take on debt, by The Financial Independence Show