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Optimal Finance Daily - Financial Independence and Money Advice

454: To Become Financially Independent at 25 by Jacob Lund Fisker of Early Retirement Extreme

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 23 November 2017

⏱️ 8 minutes

🧾️ Download transcript

Summary

Jacob Lund Fisker of Early Retirement Extreme shares how it's possible to become financially independent at 25. Episode 454: To Become Financially Independent at 25 by Jacob Lund Fisker of Early Retirement Extreme (Lessons on Money). Jacob Lund Fisker was a nuclear astrophysicist who retired at 33 with what he believes to be enough savings to last the rest of his life — even if he never works again. His "claim to fame" is the Early Retirement Extreme site, which is effectively a philosophy of life. ERE is a set of values and principles that gives readers the freedom and opportunity to live an exciting and interesting life. The original post is located here: http://earlyretirementextreme.com/to-become-financially-independent-at-25.html Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The new Samsung Galaxy Z-Flip 5 and Chromebook are better together.

0:07.0

Take hands-free selfies which automatically sync to your Chromebook, ready to edit, and access

0:11.5

recent chrome tabs across both devices.

0:14.0

The new Galaxy Z Flip5 and Chromebook, better together.

0:18.0

Available on Sky Mobile.

0:20.0

Bluetooth and internet connection required.

0:22.0

You must be signed into the same Google account on both your phone and Chromebook.

0:27.0

This is Optimal Finance Daily episode 454, to become financially independent at 25 by Jacob Lundfisker of Early Retirement

0:36.3

Extreme.com and I am Dan your host and narrator bringing you each weekday some of the

0:41.1

best blog posts on personal finance and I want to

0:44.4

wish everyone a happy Thanksgiving if you're listening to this in real time

0:47.2

hope everybody's having a great time with family and friends today and before we

0:52.2

get to today's post if you want to connect with a bunch of like-minded people including some of the hosts here in the old podcast family and be entered into bonus book raffles, all you have to do is come join our Facebook group.

1:03.6

The shortcut link to do that is old podcast.com slash Facebook.

1:08.4

Now let's get to today's post as we start optimizing your life. To become financially independent at 25

1:19.0

by Jacob Lund Fisker of Early Retirement Extreme.com.

1:24.0

I think this could be done.

1:25.8

Obviously I am too old to prove it, but I have some ideas of what it would take.

1:30.2

First of all, prospects would have to be fiscally wise already.

1:33.4

This is a fairly rare quality at that age level.

1:36.1

I remember having no idea what a mortgage was or what bond duration was

1:40.9

and retirement accounts were really far from my mind at the time.

...

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