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BiggerPockets Money Podcast

99: Life After FIRE - Four Case Studies with Scott, Whitney Hansen, and Doc G.

BiggerPockets Money Podcast

BiggerPockets

Investing, Education, Business

4.53K Ratings

🗓️ 18 November 2019

⏱️ 54 minutes

🧾️ Download transcript

Summary

On today’s episode of the BiggerPockets Money Podcast, Co-Host Scott Trench teams up with two personal finance superstars in Whitney Hansen and Doc G of Diversefi.com. Together, they hear four “life after FIRE” stories, each completely different, each extremely powerful. We talk with a business owner struggling with millions of dollars in debt who was able to sell his business, re-write his career (he is now a business coach), and get a new handle on his time. Another guest retired with her husband in 2012 and together, they took on adventures and traveled the world together. Financial independence made all the difference for them in allowing them to experience as much of the world as possible, as her husband passed away a few years following early retirement. A third couple left their high paying jobs at the height of their earning potential to travel the world together, and they could not be more thrilled with their decision or excited about life. And finally, we interview the CTO of ChooseFI, William, who was able to retire early, overcome the loss of his wife, and use his financial freedom to pursue the job of his dreams with a great company, and provide for his children.   These stories highlight the importance of achieving Financial Independence and using it to make the most of our lives.  In This Episode We Cover: What their life looks like after FIRE and the challenges they faced William's journey to financial independence The advantage of being financially independent in the workplace How they plan for caregiving Tim's background Financial Independence Rewired Early The importance of having a clear second act The difference between working on his business and working as a coach The FIRE life Tim's advice for anyone who's looking to pursue financial independence Rachel and Paul's backgrounds On their mission 50 by 50 Oma's background On healthcare cost Links: Mr. Money Mustache Mad Fienstist The Money Nerds Podcast What's Up Next Podcast Altus Business Advisors Tim's email Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:06.7

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0:10.4

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0:28.9

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0:36.3

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0:42.4

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0:44.1

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0:49.1

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0:54.2

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1:11.2

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1:13.0

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1:17.0

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and your stress stays low.

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Even better, Rent Ready is included in your BiggerPockets Pro membership.

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