Afford Anything - #400: The Lies Told About Early Retirement

#400: The Lies Told About Early Retirement

09/02/22 • 88 min

2 Listeners

Afford Anything

Today we’re sharing three talks given at the EconoMe conference, with each of these talks relating to F.I.R.E.

The three discussions are:

FI-Landia is a lie - What I Learned On My Journey To F.I.R.E., with Carl Jensen
What If You Achieve All Your Goals But You’re Still Not Happy, with Rich Jones
How To Never Again Say, “I Can’t Afford It”, with Paula Pant

Details below:

Carl Jensen:

05:27: Session begins

08:02: Sharing the message of financial independence and being hit with the “What If’s”

12:24: The concern about running out of money

20:16: The real value of fire

Rich Jones:

32:50: Session begins

35:55: The importance of knowing who you are, what you want, and why

39:36: Day jobs: love vs. purpose

43:26: Why you should track your work

46:18: How to think like a recruiter

51:44: Why giving yourself permission could be your game changer

Paula Pant:

59:34: Session begins

1:02:21: The importance of reframing the word “can’t”

1:10:29: Traditional budgets, zero based budgets and anti budgets

1:19:49: The benefit of high friction activities

* Timestamps accurate as of September 2022. Starting 60 days after episode release, timestamps may shift slightly as we make updates and changes

**The next EconoMe will be held March 17th-19th 2023, in Cincinnati, Ohio. For more information or 10% off tickets, please go to: EconoMe Conference and use discount code: AFFORDANYTHING.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Today we’re sharing three talks given at the EconoMe conference, with each of these talks relating to F.I.R.E.

The three discussions are:

FI-Landia is a lie - What I Learned On My Journey To F.I.R.E., with Carl Jensen
What If You Achieve All Your Goals But You’re Still Not Happy, with Rich Jones
How To Never Again Say, “I Can’t Afford It”, with Paula Pant

Details below:

Carl Jensen:

05:27: Session begins

08:02: Sharing the message of financial independence and being hit with the “What If’s”

12:24: The concern about running out of money

20:16: The real value of fire

Rich Jones:

32:50: Session begins

35:55: The importance of knowing who you are, what you want, and why

39:36: Day jobs: love vs. purpose

43:26: Why you should track your work

46:18: How to think like a recruiter

51:44: Why giving yourself permission could be your game changer

Paula Pant:

59:34: Session begins

1:02:21: The importance of reframing the word “can’t”

1:10:29: Traditional budgets, zero based budgets and anti budgets

1:19:49: The benefit of high friction activities

* Timestamps accurate as of September 2022. Starting 60 days after episode release, timestamps may shift slightly as we make updates and changes

**The next EconoMe will be held March 17th-19th 2023, in Cincinnati, Ohio. For more information or 10% off tickets, please go to: EconoMe Conference and use discount code: AFFORDANYTHING.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Previous Episode

Ask Paula: The stock market is down - Can I still retire?

#399: Bella is SO CLOSE to reaching F.I.R.E and is worried about her withdrawal rate if the stock market drops. If the stock market does drop, can she withdraw as much as she had originally planned?

Sam has been investing for several decades and thinks that he should stay invested in his portfolio, despite the recent drop in value...but he is still wondering if there’s a chance that he should sell.

Meisha is making more money at her new job but can’t contribute to her 401(k) for the first six months - what should she do with her extra money in this interim??

Kyria is a young investor with multiple goals: she’s wondering how to best save for a downpayment without it being eroded by inflation and also whether her investment choices should take on more risk, since time is on her side.

Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.

Enjoy!

P.S. Got a question? Leave it here.

For more information, visit the show notes at https://affordanything.com/episode399

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Next Episode

You are a Badass at Making Money, with Jen Sincero

#401: It’s September! If you’ve been listening to the show for the past few years, then you know that I’m on what I’ve dubbed my September Sabbatical, in which I’m taking a break from podcast production.

F.I.R.E. holds four pillars: Financial psychology, Investing, Real estate, and Entrepreneurship.

This September, we’re running four weeks of episodes focusing on each of these four pillars. Today, we kick off with an episode focused on financial psychology.

Learn more about your ad choices. Visit podcastchoices.com/adchoices