cover of episode Fifth (and Final) Annual Update

Fifth (and Final) Annual Update

2021/8/20
logo of podcast Financial Independence Podcast

Financial Independence Podcast

Frequently requested episodes will be transcribed first

Shownotes Transcript

If you’ve followed me for a while, you’ll know that I’ve released an annual update every year since I quit my job.

It’s now been five years since I stopped working so this is my fifth (and final) annual update.

Why is it my final one?

I explain in today’s short episode.

Highlights

  • How the pandemic highlighted the power of having savings
  • Why FI is the ultimate shock absorber and cheat code
  • The reasons this annual update will be my last
  • What to do when money is no longer a source of motivation
  • Why “Lean FIRE” may be a bad idea
  • Warren Buffet’s plan for leaving money to his kids (and why it may change your FI target)