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Things have changed: attitudes, spending habits, withdrawal rates, what we’ve chosen to reveal to family and friends. In this episode, we discuss how our early FI goals and calculations underestimated today’s needs and move beyond the math of financial independence to discuss the psychological aspects, including important conversations with family and friends. These discussions can be challenging and touch on deep-seated ideas about money, entitlement, and often guilt. It's common to overlook the importance of these conversations and this side of FIRE when you're focused on the financial side. Join us as we explore these areas and more in this second episode focused on the math of financial independence.
For show notes and resources please check out our website: https://twosidesoffi.com/
How much do you really need to achieve financial independence? We decode the math used to calculate our FI numbers, talk about the different flavors of FIRE and you'll learn where our FI numbers fall on the FIRE spectrum. All finance is personal but it's difficult not to compare your financial situation to those around you. The pragmatics of calculating your FI number are easier to comprehend and address than the psychological ones and this episode touches on those too. And, the closer you get to financial independence the more these conversations impact your day-to-day life. Be sure to check out our website for key resources mentioned in the episode to help you establish and chart your own FIRE path: https://twosidesoffi.com/
You’ve reached financial independence, but are you really ready to retire? Join us as we discuss what FIRE means to us, why traditional retirement isn't very interesting, and the challenges of speaking to friends and family about it. Whether you're already on the FIRE path or simply interested in learning more about it, Eric and Jason bring perspectives from the two sides of financial independence.
For show notes and resources please check out our website: https://twosidesoffi.com/
Our path through life is heavily influenced by the career choices we make early in adulthood. Learn how we leveraged our chosen professions in science and architecture to chart our respective paths to achieving financial independence. One of us employed a job "leveling up" strategy to accumulate wealth, while the other started their own business and became a successful content creator. There's a lot to learn from our journeys and we walk you through how we did it!
For show notes and resources please check out our website: https://twosidesoffi.com/
So much of who we are and how we think is informed by our early experiences. Learn how we got started on our financial independence journey as we unpack our financial pasts. We'll walk you through what we learned from our parents, our early careers, and how that set us on the FIRE path.
For show notes and resources please check out our website: https://twosidesoffi.com/
From the publisher's feed
You're listening to Two Sides of FI, a conversation between two lifelong friends about financial independence - what it takes to get there and what comes after. One of us reached FI in 2020, the…

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