Take Back Retirement

24: She Did It! Real Retirement Stories w/ KT


Listen Later

Today's guest is KT, who speaks on how she was able to retire at the age of 54.

She was inspired to retire early only a decade prior. It wasn't an easy road, but it was absolutely worth it.

Listen in as KT describes her unique retirement journey and the money mindset transformation that she had to undergo to reach her goals. She shares her favorite books and other resources that armed her with valuable knowledge along the way, as well as how her efforts to increase her financial intelligence impacted her own kids' view toward money for the better.

Key Topics:

  • Why did KT decide to retire early? (2:30)
  • "You found something to retire to rather than retire from." (7:09)
  • KT's inspirations for investing her way to retirement. (9:00)
  • "I started being really thoughtful about how I spent all of my money." (11:00)
  • Getting your kids on board with your financial strategy for retirement. (12:21)
  • Defining the "FIRE movement." (15:55)
  • Considerations around the Four Percent Rule. (18:38)
  • Pivoting away from the bank and investing on your own terms. (20:21)
  • KT's advice for women who want to go down a similar path to hers. (23:05)
  • How KT established a tax strategy to bring her closer to early retirement. (25:28)
  • What KT likes to splurge on. (29:48)
  • Stephanie and Kevin's biggest takeaways. (32:57)

Resources mentioned:

  • Your Money or Your Life (book by Vicki Robin)
  • The Simple Path to Wealth (book by JL Collins)
  • I Will Teach You to be Rich – SECOND EDITION (book by Ramit Sethi)
  • Taxes Made Simple (book by Mike Piper)
  • The Millionaire Next Door (book by Thomas Stanley & William Danko)
  • Money Moustache (blog by Peter Jonathan Adeney)
  • Take Back Retirement Episode 19: You Want to Retire Before Age 65? Here's What You Need to Know (episode that Kevin references at 1:25)
  • Take Back Retirement Episode 22: Why You Spend The Way You Do with Maggie Klokkenga (episode that KT references at 28:45)

If you like what you've been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected]

You can find the transcript and more information about this episode at www.takebackretirement.com.

Follow Stephanie on Twitter, Facebook, YouTube and LinkedIn.

Follow Kevin on Twitter, Facebook, YouTube and LinkedIn.

...more
View all episodesView all episodes
Download on the App Store

Take Back RetirementBy Stephanie McCullough & Kevin Gaines

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

18 ratings


More shows like Take Back Retirement

View all
Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,247 Listeners

Planet Money by NPR

Planet Money

30,614 Listeners

Marketplace by Marketplace

Marketplace

8,798 Listeners

Afford Anything | Make Smart Money Choices by Paula Pant, Personal Finance Expert | Cumulus Podcast Network

Afford Anything | Make Smart Money Choices

3,565 Listeners

The Stacking Benjamins Show by StackingBenjamins.com | Money Podcast | Cumulus Podcast Network

The Stacking Benjamins Show

1,999 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,311 Listeners

Retire Sooner with Wes Moss by Wes Moss

Retire Sooner with Wes Moss

455 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

544 Listeners

ChooseFI by ChooseFI

ChooseFI

5,155 Listeners

The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

The Retirement and IRA Show

751 Listeners

The Rob Berger Show by Rob Berger

The Rob Berger Show

200 Listeners

The Long Term Investor by Peter Lazaroff

The Long Term Investor

146 Listeners

Retirement Planning Education, with Andy Panko by Andy Panko

Retirement Planning Education, with Andy Panko

1,062 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,272 Listeners

The Great Retirement Debate with Ed Slott & Jeffrey Levine by The Great Retirement Debate with Ed Slott & Jeffrey Levine

The Great Retirement Debate with Ed Slott & Jeffrey Levine

139 Listeners