Fire Drill

056: Including Family Support in your FIRE plans with Sylvia Hall


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Are you including family support in your plans for financial independence?

Sylvia is a practicing lawyer who plans to retire in 2021.  She already hit her financial independence number but is working these last few years so she can support family members who may need her help in future.  She's also a real estate investor and has a rental property in Tennessee.

You'll love Sylvia and her story.

For show notes and takeaways: https://firedrillpodcast.com/fire056
We also chat about...

How Sylvia hit her coast FI number 5 years ago,
Budgeting for landlord life,
The magic of automation and how Sylvia left herself $200 per month for discretionary expenses,
Splitting bottles of vodka as a way to save money (funny story),
Advice for lending money to family members,
The benefits of becoming an independent contractor versus a salaried employee,
Self-directed solo 401(k)s,
Sylvia was an absolute delight to speak with!
...more
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Fire DrillBy Julie Berninger

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