Did 2020 Destroy the FIRE Movement?!

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Investing, Education, Business

4.7 • 3.1K Ratings

🗓️ 13 November 2020

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Financial freedom lets you do what you want, when you want, and how you want. FIRE (Financial Independence/Retire Early) is the dream that you can take advantage of this sooner! So, how has 2020 affected the FIRE movement? We pull out the big guns and run some example Monte Carlo simulations in real time with software we use for our financial planning clients! For more information, visit: https://www.moneyguy.com/2020/11/did-2020-destroy-the-fire-movement/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Did 2020 destroy the fire movement?
0:03.3	No, seriously, is fire even possible?
0:06.0	It's Brian Preston, the money guy, restoring order
0:10.0	to your financial chaos, retirement, investing, taxing.
0:14.8	You've got financial questions,
0:16.4	he's got financial answers.
0:18.4	It's Brian Preston, the money guy.
0:21.9	Yeah, Brian, I'm really excited about this one,
0:23.4	because we're gonna do something we've never actually done
0:25.8	on the money guy show before.
0:27.0	We're gonna take you, the listener, you are audience,
0:30.5	on the journey, kind of, of what it would be like
0:33.7	to be a financial planning client,
0:35.4	trying to determine is fire, is early retirement,
0:40.2	actually possible.
0:41.4	And so what you mean to kind of set the stage here,
0:43.3	is we're gonna do a normal show the first part of it,
0:45.4	but you have a case study.
0:46.9	That's right.
0:47.8	Where we actually go pull our stress tests,
0:49.7	money, carlo, analysis,
0:51.2	Absolutely.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.