The Spectrum of Financial Independence and Tools to Track Your Progress with Brad Barrett

The player is loading ...

Show Notes

#141: Financial independence expert Brad Barrett and Chris deep dives into the FI/RE movement. They cover various forms of FI/RE, share effective strategies for investments and retirement planning, and discuss tools to track and manage finances. They also explore the psychological aspects of financial decision making, including the skill of mindful spending.

Brad Barrett (@bradchoosefi) is the co-host of ChooseFI, the number one podcast on financial independence with more than a million monthly listeners. After years in public accounting as a CPA, Brad reached financial independence at the age of 35, without ever earning a six-figure salary.

Partner Deals

Green Chef: $250 off healthy and delicious meal kits

Gelt: Skip the waitlist on personalized tax guidance to maximize your wealth

Daffy: Free $25 to give to the charity of your choice

Vuori: 20% off the most comfortable performance apparel I've ever worn

DeleteMe: 20% off removing your personal info from the web

For all the deals, discounts and promo codes from our partners, go to: allthehacks.com/deals

Resources Mentioned

All the Hacks: Membership

Episodes:

Brad Barrett: Podcast | Twitter | Website

ChooseFI Episode #71: Silicon Valley FI | Chris Hutchins | Grove

Early Retirement Now: The Safe Withdrawal Rate Series

Wealthfront: Cash Account Bonus 0.5% APY | Automated Investing $5k Free

Tools To Track Your FI Journey:

Free tool: Karsten Jeske’s EarlyRetirementNow SWR Toolbox v2.0
To Track Spending: Copilot (Free 2 months access with code HACKS2)
To Track Net Worth: Kubera (All the Hacks Members Get First Year for $1)
To Go Deep: Projection Lab

Bill Perkins’s Book: Die With Zero: Getting All You Can from Your Money and Your Life

Dean Turner: Online Training + Coaching

Full Show Notes

(02:47) Chris & Brad's FI Journey

(04:18) Difference Between Financial Independence & FI/RE

(07:17) Why You Shouldn't Only Focus On The RE

(09:32) The Different Types of Financial Independence

(12:07) Lean & Fat FI/RE

(17:51) Coast FI/RE

(22:44) Tackling The 4% Rule

(28:42) Tools To Track Your Fi Journey

(41:19) Taxable Brokerage Accounts

(46:22) Learning The Skill of Spending

(51:24) Embodying the Die With Zero Mentality

(56:42) Health & Longevity: Hiring A Remote Personal Trainer

(1:02:51) Cold Plunges & Saunas

Connect with All the Hacks

All the Hacks: Newsletter | Website | Membership | Email

Chris Hutchins: Twitter | Instagram | Website | LinkedIn

Editor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.