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What Can I Learn from the FIRE Movement?

What Can I Learn from the FIRE Movement?

FromRetirement Answer Man


What Can I Learn from the FIRE Movement?

FromRetirement Answer Man

ratings:
Length:
45 minutes
Released:
Feb 28, 2024
Format:
Podcast episode

Description

Those who have FIREd like Keven Sebesta are choosing to rock life each day. In this final episode on the FIRE movement, we’ll explore what we can learn from them. Join Kevin and me to discover how you can do what FIRE is doing right. What can you learn from FIRE? Traditional retirement planning is all about achieving the end goal. Climbing the mountain and reaching the summit. However, FIRE embraces life today. Those in the FIRE movement see life as an endless journey to explore.  Don’t wait to explore your passions and interests. Do them now. If that isn’t possible, examine how your life is structured and begin to build a life filled with intentionality. Build connections and community based on your interests.  Listen in to learn how you can create a rich life now without waiting until retirement.  OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN PRACTICAL PLANNING SEGMENT [3:55] When I retire I will… [5:10] Lessons to learn from FIRE movement [13:43] What financial lessons to learn from FIREd people [16:23] Planning from the inside out LISTENER QUESTIONS [22:18] What is the payoff/penalty of using my IRA to do a Roth conversion? [30:25] Moving money from an IRA to an HSA [34:07] On refilling the pie cake  [38:47] Make sure you have enough taxes withheld when doing Roth conversions [41:39] Can Gail open a Roth for her granddaughter? TODAY’S SMART SPRINT SEGMENT [43:33] Write down one thing that you know well and question it with a mindset of curiosity Resources Mentioned In This Episode Arthur Brooks Cal Newport Designing Your Dream Life with Arthur Brooks Mark’s Money Mind Rock Retirement Club Roger’s YouTube Channel - Roger That BOOK - Rock Retirement  by Roger Whitney Roger’s Retirement Learning Center
Released:
Feb 28, 2024
Format:
Podcast episode

Titles in the series (100)

A top retirement podcast. Roger Whitney, CFP®, CIMA®, CPWA®, RMA, AIF® guides you on how to actually do retirement well financially and personally. This retirement podcast isn't afraid to talk about the softer side of retirement. It will teach you how to retire with confidence. Two-time PLUTUS winner for best retirement podcast / blog and the 2019 winner for best financial planner blog. This retirement podcast covers how to create a paycheck, medicare, healthcare, Social Security, tax management in retirement as well as retirement travel and other non-financial issues you'll need to address to rock retirement. Retirement isn’t an age OR a financial number. It’s finding that balance between living well today and feeling confident about your retirement. It’s about gaining more freedom to pursue the life you want. Join the rock retirement community at www.rogerwhitney.com