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ChooseFI

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How would your life change if you reached Financial Independence and got to the point where working is optional? What actions can you take today to make that not just possible but probable. Jonathan & Brad explore the tactics that the FI community uses to reclaim decades of their lives. They discuss reducing expenses, crushing debt, tax optimization, building passive income streams through online businesses and real estate and how to travel the world for free. Every episode is packed with actionable tips and no topic is too big or small as long as it speeds up the process of reaching financial independence.© 2019-2023 Choose FI. All Rights Reserved. Disclaimer: The information contained in this podcast is for general information purposes only. In no event will we be liable for any loss or damage derived from the information provided. Economía Exito Profesional Finanzas Personales
Episodios
  • Navigating Financial Conflicts in Relationships | Ep 562

    Navigating Financial Conflicts in Relationships | Ep 562
    Sep 1 2025
    Brad and Ginger discuss the importance of asset flexibility, community building, and health savings accounts (HSAs). The conversation emphasizes maximizing contributions to HSAs while addressing financial conflicts that arise within relationships. Key Topics Discussed: Introduction and Community Building (00:00:00) Ginger shares her growing efforts to engage with the community and incorporate more fun activities into her life. Understanding HSA and Healthcare Expenses (00:32:00) The benefits of maxing out an HSA are discussed, highlighting the importance of using it strategically for long-term healthcare expenses. Importance of Asset Flexibility (00:19:00) The discussion covers the flexibility of different asset types and how this can affect financial independence strategies. Overcoming Financial Conflicts in Relationships (00:39:10) Strategies for couples to align financial goals and values while avoiding conflicts are outlined. Conclusion and Resources (00:57:10) Brad shares exciting new developments in the ChooseFI community and invites listeners to engage. Key Takeaways: Maximize HSA Contributions (00:32:00) Take advantage of tax-free growth in HSAs by maximizing contributions, as this can benefit long-term healthcare costs. Engage in Open Discussions (00:44:00) Successful financial planning requires transparent conversations about values and aspirations between partners. Explore Various Account Types (00:19:00) Have a mix of account types (taxable, Roth, traditional) for better flexibility and planning around future income and expenses. Quotes of Note: "Plan ahead to avoid complications later." (Brad, 00:39:00)"Building connections leads to a richer life." (Ginger, 00:05:50)"Your money is not trapped. It's just simply not." (Brad, 00:26:00)"Save for freedom, not deprivation." (Ginger, 00:48:00)"Engage in genuine conversations about finances." (Brad, 00:47:00) Chapter Markers: 00:00:00 Introduction and Community Building 00:32:00 Understanding HSA and Healthcare Expenses 00:19:00 Importance of Asset Flexibility 00:39:10 Overcoming Financial Conflicts in Relationships 00:57:10 Conclusion and Resources FAQs: How can I better communicate financial goals with my spouse? Engage in open discussions about values associated with finance and find common ground. (00:44:00) What are the benefits of maxing out an HSA? Maxing out HSA contributions allows for tax-free growth and withdrawals for qualified medical expenses. (00:33:00) Can I take money out of my retirement accounts before age 59 and a half? Yes, there are strategies that can allow you to access your funds early without penalties. (00:26:00) Related Resources: Risk Parity Radio (00:11:00)Ancestry.com (00:54:00)InsideTracker (00:53:00) Action Items: Join a local FI group to enhance community involvement. (00:03:39)Review your HSA contributions and expenses to maximize benefits. (00:32:00)Discuss financial goals with your spouse to reach consensus. (00:44:00) Discussion Questions: How can we balance spending and saving in our relationship? (00:44:00)What strategies can we use to engage more with our community? (00:01:00)How do we effectively allocate our finances towards asset flexibility? (00:19:00)
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    1 h
  • Mini-Retirements: Test Driving Financial Independence | Ep 561

    Mini-Retirements: Test Driving Financial Independence | Ep 561
    Aug 25 2025

    Brad Barrett welcomes Jillian Johnsrud, author of Retire Often, as they delve into the transformative concept of mini retirements. Jillian shares her insights on how taking intentional breaks from work can enrich life experiences, enhance personal growth, and help individuals navigate transitions on their journey towards financial independence.

    Key Topics Discussed:

    1. Introduction to Mini Retirements

      • Overview of the concept and its significance within the financial independence community.

    2. What is a Mini Retirement? 00:02:43

      • Jillian defines mini retirements as intentional breaks of one month or longer focused on meaningful activities.

    3. The Importance of Seasons of Life 00:06:01

      • Discussion on recognizing and embracing life's unpredictable seasons and their relation to experiences.

    4. Practicing Early Retirement 00:17:34

      • The necessity of practicing life beyond work before transitioning into full retirement to build confidence.

    5. Overcoming the Fear of Retirement 00:25:36

      • Exploring common fears related to stepping away from work and how to leverage the fear of regret as motivation.

    6. Finding Balance in Life Experiences 00:35:53

      • Tips on focusing on one to two meaningful goals during a mini retirement to create a fulfilling experience.

    Key Quotes:

    • "Mini retirements are intentional breaks to enrich life experiences." 00:03:39
    • "Embrace life's unpredictability; seize the moment for experiences now." 00:05:10
    • "Practice mini retirements to master the art of living beyond work." 00:45:44

    Actionable Takeaways:

    • Attempt a mini retirement for a month to discover personal interests and break from routine. 00:03:39
    • Focus on one or two meaningful goals during your mini retirement for a fulfilling experience. 00:35:53

    Discussion Questions:

    • What experiences resonate with you when thinking about a mini retirement? 00:36:46
    • How does understanding life's seasons impact your financial journey? 00:06:01

    Resources Mentioned:

    • Retire Often Book - Jillian Johnsrud's guide on incorporating mini retirements into life. 00:48:42
    • Retire Often Group Coaching - A supportive resources for individuals seeking guidance on financial independence and lifestyle design. 00:48:42

    Related Episodes:

    • Episode 451: Exploring Mini Retirements with Jillian Johnsrud
    • Episode 472: Cure for the Boring Middle
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    50 m
  • Living Off the 4% Rule | Marla Taner | Ep 560

    Living Off the 4% Rule | Marla Taner | Ep 560
    Aug 18 2025

    Marla Taner shares her journey of living off the 4% rule since her retirement in 2013. She discusses the financial strategies that have supported her abundant lifestyle, the emotional aspects of transitioning into retirement, and the importance of reassessing fixed costs. Marla's insights provide inspiration for those seeking financial independence.

    Timestamps:

    • 00:01:26 – Marla's Background
    • 00:02:04 – Living off the 4% Rule
    • 00:09:39 – Psychology of Retiring Early
    • 00:24:33 – Managing Withdrawals
    • 00:25:51 – Market Timing and Cash Strategy
    • 00:28:46 – Travel Rewards
    • 00:49:10 – Lessons Learned
    • 01:00:17 – Conclusion
    Key Takeaways:
    • 4% Rule: Marla retired in 2013 with a strategy based on the 4% rule, successfully navigating financial independence (00:02:04).
    • Psychology Matters: Transitioning from a saver to a spender can be psychologically challenging, but it's crucial for enjoying retirement (00:50:21).
    • Cash Cushion: Maintaining two years' worth of cash reserves provides peace of mind during market fluctuations (00:25:51).
    • Reassessing Fixed Expenses: Many perceived fixed costs can be more flexible than we realize—it's worth reassessing them regularly (00:43:12).
    • Travel Rewards Enthusiast: Marla curates her extensive travel experiences using travel rewards strategies that keep her costs low (00:28:46).
    Actionable Insights:
    • Examine Fixed Costs: Reflect on your budget to identify which fixed costs you might be able to adjust or reduce (00:43:12).
    • Withdrawal Plan: Develop a thoughtful withdrawal strategy before retiring to reduce anxiety when selling investments (00:24:33).
    • Monitor Spending Habits: Track your spending for a year to understand your financial needs better and adjust accordingly (00:50:21).
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    1 h
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Jonathan does an amazing job cultivating insight from his guests. He actively listens to understand and asks clarifying questions. I love listening and learning on my FI journey!

Relatable, educational, fun!

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There's so many nuggets I'm glad I now know! Here's to the future! Thank y'all!

A fantastic perspective adjuster!

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starting from the beginning years later i love the topics and how down to earth they are. I know they are way beyond this point now. hope that doesn't get to their head. but awesome so farr

love these guys and the subject

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So far this podcast has been life changing. I have learned so much about reducing debt, increasing income and so much more.

Excellent information

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