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/
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!