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

100 ratings


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

View all
Afford Anything by Paula Pant | Cumulus Podcast Network

Afford Anything

3,550 Listeners

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

The Stacking Benjamins Show

1,985 Listeners

Financial Independence Podcast by The Mad Fientist

Financial Independence Podcast

1,668 Listeners

Marriage Kids and Money: Personal Finance for Families by Andy Hill

Marriage Kids and Money: Personal Finance for Families

603 Listeners

ChooseFI by ChooseFI

ChooseFI

5,143 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,082 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

455 Listeners

The Personal Finance Podcast by Andrew Giancola

The Personal Finance Podcast

1,411 Listeners

Risk Parity Radio by Frank Vasquez

Risk Parity Radio

278 Listeners

Personal Finance for Long-Term Investors - The Best Interest by Jesse Cramer

Personal Finance for Long-Term Investors - The Best Interest

140 Listeners

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance) by Ari Taublieb, CFP®, MBA

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

569 Listeners

All the Hacks: Money, Points & Life by Chris Hutchins

All the Hacks: Money, Points & Life

1,619 Listeners

Mile High FI Podcast by Doug Cunnington & Carl Jensen

Mile High FI Podcast

201 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

358 Listeners

Inside Out Money by Maggie Tucker

Inside Out Money

262 Listeners