FI Minded: Achieve Financial Independence & Have Fun Doing It

What Happens After I Reach FIRE? Withdrawal Strategy, Spending Changes, & Finding Meaning | E158 Jeremy Schneider


Listen Later

Since discovering financial independence, I have focused on wealth-building: choosing the right accounts, investing wisely, and cutting expenses to save more. But now that I’m approaching my FIRE number, a new question has emerged—what happens after I reach financial independence?

On one hand, there’s the technical side: What’s the best way to withdraw from my nest egg? This is something I hadn’t given much thought to until now.

But beyond the finances, the bigger question is: What changes in life? Will I still scrutinize every expense? Do I worry about major market news? And most importantly, how do I want to spend my time?

I need some guidance, and I’m guessing you do too, so I asked Jeremy Schneider to come to demystify life after reaching financial independence. Jeremy Schneider is the creator of the popular Instagram account, Personal Finance Club. He’s also the co-founder of Nectarine, a marketplace for advice-only financial advisors.

Before launching Personal Finance Club and Nectarine, Jeremy built and sold a technology company for $5 million, achieving financial independence. This sum of cash catapulted him into financial independence. He had to answer the important questions quickly and in this episode, he shares what he learned from that experience.

Whether you’re nearing your FIRE number or simply curious about what life looks like after financial independence, this episode is for you.

I hope you enjoy my conversation with the man trying to bring light on the financial advising industry…Jeremy Schneider.

Key Takeaways:

  • A simple draw-down strategy for post-FI
  • Finding purpose when work becomes optional
  • Making peace with your life-long frugal habits
  • What’s broken about the financial advising industry

More of Jeremy:

Get Financial Help: www.hellonectarine.com


More of The Struggle is Real:

Find show notes and more at https://www.tsirpodcast.com/

Connect with Justin on LinkedIn: https://www.linkedin.com/in/justinleepeters/

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

FI Minded: Achieve Financial Independence & Have Fun Doing ItBy Justin Peters

  • 5
  • 5
  • 5
  • 5
  • 5

5

92 ratings


More shows like FI Minded: Achieve Financial Independence & Have Fun Doing It

View all
Financial Independence Podcast by The Mad Fientist

Financial Independence Podcast

1,652 Listeners

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

The Stacking Benjamins Show

1,943 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

495 Listeners

Optimal Finance Daily - Financial Independence and Money Advice by Optimal Living Daily | Diania Merriam

Optimal Finance Daily - Financial Independence and Money Advice

1,281 Listeners

ChooseFI by ChooseFI

ChooseFI

5,061 Listeners

White Coat Investor Podcast by Dr. Jim Dahle of the White Coat Investor

White Coat Investor Podcast

2,411 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

547 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,069 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

424 Listeners

All the Hacks with Chris Hutchins by Chris Hutchins

All the Hacks with Chris Hutchins

1,415 Listeners

The Long Term Investor by Peter Lazaroff

The Long Term Investor

125 Listeners

Money For Couples with Ramit Sethi by Ramit Sethi

Money For Couples with Ramit Sethi

3,291 Listeners

The Money with Katie Show by Morning Brew

The Money with Katie Show

1,401 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

307 Listeners

Live Long and Well with Dr. Bobby by Dr. Bobby Dubois

Live Long and Well with Dr. Bobby

87 Listeners