Karsten Spoke, We Listened. Here’s What We Learned.

Discussing our FI Numbers : Changing Our Minds, Talking to Family: 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 i... by Two Sides of FI

34 min listen

Our Financial Past and our FIRE Present: 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 ... by Two Sides of FI

27 min listen

Two Careers, Two Paths to Financial Independence: 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 ... by Two Sides of FI

31 min listen

Financial Mistakes We Won't Make Again (Part 2): We all make mistakes on the path to financial independence. Learn from ours as we chronicle the poor choices, bad habits, and missteps we’ve made on the road to FI. In this episode we talk about big ticket items like cars, student loans, and mortgages. M... by Two Sides of FI

31 min listen

Answering Your Financial Independence Questions: You asked, we answered. Bringing the Two Sides of FI together to discuss changing withdrawal rates, Jason and Eric's own FI numbers, redefining identity in early retirement, rental real estate, and more. Want your question featured on an upcoming show? ... by Two Sides of FI

36 min listen

So, What's Your FI Number? Sharing Ours Here: 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... by Two Sides of FI

33 min listen

Financially Independent. Retire Early? Let's Discuss!: 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 alrea... by Two Sides of FI

34 min listen

A CoastFI Path to Financial Security: An Interview with Catherine: In today's episode we are joined by a guest, who we met in a FIRE Discord server, and wanted to share her story. Our conversation is a great example of the diverse reasons why people choose to seek financial independence. As you’ll discover, family heal... by Two Sides of FI

47 min listen

Financially Independent, Live Anywhere? How to Choose (Part 2): Choosing a new area to call home once you've reached financial independence can be an overwhelming task given just how large the problem space is. In part two of this series, Eric and Jason continue their conversation about how to narrow the options of w... by Two Sides of FI

30 min listen

Lessons Learned in 7 Years Earning Passive Income - A Path to FI (Part 2): Diversifying your sources of income is an important step on the path to financial independence. On average, millionaires have seven streams of income. In part 2 of our series on passive income, Eric shares the lessons learned and mistakes made as he crea... by Two Sides of FI

25 min listen

Passive Income = A Path to Financial Independence (Part 1): Earning money while you sleep is the dream of passive income that few realize. In part, that's because it requires a significant upfront investment of active work and time to build the assets necessary. For those seeking financial independence, passive i... by Two Sides of FI

26 min listen

Talking with our Spouses About FIRE: 2 x Two Sides of FI (Part 1): Talking with a spouse or partner about FIRE isn't always easy. In this episode, Eric + Jason bring their wives, Laura + Lorri, into the conversation to share their personal experiences. In part 1 of our two-part conversation, they talk about getting onbo... by Two Sides of FI

30 min listen

Getting Your FIRE Asset Allocation Right. Here‘s Ours (Part 1): What is the best way to divide up your investments among stocks, bonds, and other vehicles? Asset allocation is an essential yet confusing topic. That said, it is an area of critical importance when thinking about early retirement. This is because decisi... by Two Sides of FI

42 min listen

Retiring Early - So Why Am I Worried?: Retiring early is a dream for many but the decision to leave the workplace early can impact us in ways we may not have predicted. In this episode, we discuss the first year of Jason's early retirement and Eric shares his own concerns as he approaches FI.... by Two Sides of FI

38 min listen

Can't Decide Where to Live? Here's How We Chose (Part 1): As Eric nears his Financial Independence number he asks Jason for help and advice on how to narrow the range of options of where to live. Choosing a place to call home once you've reached financial independence can be an overwhelming task, given just how... by Two Sides of FI

34 min listen

Healthcare is my Second Highest Cost in Early Retirement: Health insurance may not be top of mind in early retirement when you're young and healthy, but it should be. In the US, healthcare costs are a significant line item in our budget. To help us decode what you need to know, we've invited a retirement benefi... by Two Sides of FI

59 min listen

We Each Hired a Flat Fee Financial Advisor. Was it Worth It?: Here's what we learned by hiring a financial advisor for a fixed fee of $1,000. Rather than pay a costly ongoing assets under management (AUM) fee, we wanted to test out this increasingly popular fee-for-service advisement model. Eric and Jason discuss e... by Two Sides of FI

68 min listen

If You Want Financial Freedom You Can’t Ignore This (Part 1): We avoided estate planning for a long time; here's why you shouldn't. Without an estate plan, you're giving over the control of what happens to all your assets to others. In part one of this two-part series, Eric + Jason talk about what they did to - fin... by Two Sides of FI

33 min listen

What I Learned in My First Year of ”Early Retirement”: Retiring at 47 is early by any definition. In this episode, Jason reflects on his first year in early retirement. Not everything went smoothly as you might expect. Learn what's changed, what's been better, what's worse, and - importantly - has it lived u... by Two Sides of FI

30 min listen

Discussing FIRE with our Spouses: 2 x Two Sides of FI (Part 2): Talking about FIRE with your partner involves so much more than finances: from friend groups and career aspirations, to personal goals and family dynamics. In part two, Eric + Jason continue the conversation with their spouses, Laura + Lorri, discussing ... by Two Sides of FI

32 min listen

How We Travel: Pre + Post Financial Independence: A seven day vacation or 5 weeks of travel - which would you prefer? When you're working towards financial independence, vacations are a time to set aside work and everyday chores. But they're constrained by things you don't often control: accrued vacatio... by Two Sides of FI

37 min listen

How NOT to FIRE - Part 1 (Pre-FI/RE): On the path to financial independence, there are ample opportunities for mistakes and missteps. In today's episode, we review stories from people who shared their FIRE experiences online in the hopes of educating others. Here we review five of these tale... by Two Sides of FI

36 min listen

Retirement Is Nothing Like I Thought It Would Be: We all daydream about what retirement will be like, but will reality live up to expectations? In this episode, Eric and Jason are joined by Fritz Gilbert, who blogs at The Retirement Manifesto (https://theretirementmanifesto.com). Now nearly four years a... by Two Sides of FI

57 min listen

Have Enough to Retire (Early)? 10 Steps to Make Sure: Will you have enough to money to retire (early or otherwise)? Achieving financial independence requires many key elements to be in place and special consideration if you plan to retire early. You need a plan: what will you do? What will you spend? Where ... by Two Sides of FI

60 min listen

We Avoided Estate Planning. Here’s Why You Can’t Afford To (Part 2): Don't make a common mistake that could cost your family dearly. If you don't have an estate plan, many essential decisions will be left to others, including the government. In this second installment in a two-part series, Eric + Jason continue their conv... by Two Sides of FI

34 min listen

Karsten Spoke, We Listened. Here’s What We Learned.: We're making changes. Here's what we learned and how our FIRE strategies are changing after talking to "Big ERN" Karsten Jeske, an economist, CFA, and safe withdrawal rate expert. In this episode, we review our take-homes from that conversation, and reac... by Two Sides of FI

39 min listen

Retired Early and I Hated It: How NOT to FIRE, Part 2 (Post-FI/RE): Imagine hitting your FI number, retiring early, and discovering you hate it? In this episode we discuss four examples of such an outcome: from quitting the perfect job and regretting it, to feelings of depression and lack of purpose. Some are unable to f... by Two Sides of FI

27 min listen

Will You Run Out of Money or Time? FI Advice From a Hospice Doctor: What can conversations with the dying teach us about the secret to financial independence? In this episode, Eric + Jason are joined by Jordan "Doc G" Grumet, a hospice doctor, podcaster, blogger, and author. Topics discussed include the mirage of wealth,... by Two Sides of FI

47 min listen

Teaching Our Teens About FI and Money (Part 1): Having children comes along with many necessary expenses, but also provides a key opportunity to provide them with a solid financial education. In part one of a two part series, we tackle a topic that's been requested many times by viewers: all things re... by Two Sides of FI

26 min listen

Comparing our FIRE Portfolios + Asset Allocations (Part 2): Choosing how to divide your assets among stocks, bonds, and other investment vehicles is a good first step, but asset allocation also impacts your tax rate, portfolio performance, and long-term ease of maintaining it all. In part two, Eric and Jason dig ... by Two Sides of FI

42 min listen

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Karsten Spoke, We Listened. Here’s What We Learned.

Karsten Spoke, We Listened. Here’s What We Learned.

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