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Join Mindy Jensen and Scott Trench (from BiggerPocketsMoney.com) weekly for the BiggerPockets Money Podcast. Each week, financial experts Mindy and Scott interview unique and powerful thought leaders about how to earn more, keep more, spend smarter, and reach financial independence.
Copyright: © Copyright © 2024 BiggerPockets. All Rights Reserved. Disclaimer: The information contained in this podcast is for general informational purposes only. In no event will BiggerPockets be liable for any loss or damage derived from the information provided.
You've hit financial independence—now what? How do you actually start spending the money you've spent years accumulating? Bill Yount reached FI at 60 after a 10-year journey, and he's figured out the answer.
Bill shares his complete decumulation strategy—the detailed plan he built with a flat-fee financial advisor to transition from wealth building to wealth preservation. This isn't just theory; Bill is actively living this plan and stress-testing it in real time.
This Episode Covers:
If you're approaching FI, already there and uncertain about spending, or starting your FIRE journey later in life, Bill's practical, well-planned approach shows you exactly how to transition from building wealth to confidently living off it.
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Website: https://catchinguptofi.com/
Instagram: https://www.instagram.com/catchinguptofi/
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You're in your 50s, $50,000 in debt, and retirement at 65 feels impossible. We made this episode for you. Today, Mindy and Scott spell out the exact step-by-step plan to go from $50K in debt to a million-dollar retirement—even if you're starting over in your fifties.
Meet Nancy: a recently divorced stay-at-home mom reentering the workforce with significant debt and zero savings. Her story represents millions of people starting over financially in their fifties due to divorce, job loss, or never having saved for retirement. But Nancy's situation isn't hopeless—and neither is yours.
This Episode Covers:
Don't give up on retirement—let's show you how to catch up!
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What if you didn't have to save 70% of your income to retire early? What if you could hit a number in your 30s, ease off the gas, and still reach financial independence—without sacrificing your present life? That's Coast FIRE, and today's guest Andy Hill is the perfect example of how it works in real life.
Andy hit his Coast FIRE number in his late thirties, left his corporate job at 40, and now runs a successful part-time business that supports his family of four while giving him total control over his time. In this conversation, Andy breaks down his journey from W2 employee to entrepreneur, the specific Coast FIRE calculations that gave him confidence to leave, and how he built a business that prioritizes family first, income second.
This Episode Covers:
What Coast FIRE actually is and how it's different from traditional FIRE
Andy's path from corporate employee to hitting his Coast FIRE number in his late 30s
How Andy built the confidence to leave his W2 job at 40
Transitioning from employee to entrepreneur while supporting a family of four
Building a part-time business that generates enough income without the corporate grind
How Coast FIRE allows you to prioritize family and lifestyle now (not just in retirement)
Key lessons from Andy's book 'Own Your Time'
How to structure your life around what matters most
If traditional FIRE feels too extreme or you're tired of delaying life for decades, Coast FIRE might be the strategy you've been looking for. Andy's story proves you can have financial independence AND a life you love today.
Connect with Andy Hill:
Social: https://www.instagram.com/marriagekidsandmoney
Website: https://marriagekidsandmoney.com/
Pre-Order ‘Own Your Time’ Now: https://marriagekidsandmoney.com/book/
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What if you're doing FIRE in the wrong order? Most people chasing financial independence are following steps that actually slow them down—and it could be costing you years of freedom. In this episode, Mindy Jensen and Scott Trench break down the exact step by step order for achieving FIRE as fast as possible.
Whether you're just starting with your first emergency fund or you're already maxing out retirement accounts and wondering what's next, this episode gives you the complete roadmap. You'll learn which financial moves to prioritize, which to skip, and how to avoid the "middle-class trap" that kills most early retirement dreams before they happen.
This Episode Covers:
If you're confused about what to do next on your FIRE journey, this is your complete checklist. No more guessing—just the fastest, most efficient path to financial independence.
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AI is revolutionizing how we build wealth and achieve financial independence. In this episode, Mindy Jensen and Scott Trench break down exactly how to use AI tools to accelerate your path to FI—from automating budgets and analyzing investments to generating income streams and optimizing your financial strategy. Discover which AI tools actually work for personal finance, how AI is changing job markets and earning potential, and practical ways to leverage this technology today. Whether you're new to AI or already experimenting, learn how to use artificial intelligence as your secret weapon for reaching financial freedom faster.
This Episode Covers:
How AI tools can accelerate your path to financial independence
Practical AI applications for budgeting and personal finance management
Using AI for investment research and strategy development
AI-powered income generation and side hustle opportunities
How AI is changing job markets and what it means for your career
Real risks and limitations of AI in financial decision-making
Future trends in AI and personal finance
How to stay ahead in the AI revolution without getting overwhelmed
Whether you're an AI skeptic or enthusiast, you'll walk away with actionable ways to use this technology to reach your financial goals faster.
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In this episode of the BiggerPockets Money Podcast with Mindy Jensen and Scott Trench, Scott builds four different investment portfolios using real money, each account starting with $10,000 and employing different strategies. Scott invests in an index fund, a 60/40 stock-bond portfolio, a risk parity portfolio, and a unique actively managed thesis. Follow along as they discuss the rationale, mechanics, and expected outcomes of these investments.
NOTE: This episode is for educational and entertainment purposes only and is NOT professional investment advice.
Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Experience of this investor may not be representative of other customers. Past performance does not guarantee future results, and investment values may rise or fall.
At Public earn an uncapped 1% bonus when you transfer your portfolio with: www.Public.com/BPM
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Should you turn your primary home into a rental property or sell it when you move? It's one of the biggest financial decisions homeowners face, and in this episode, Mindy Jensen and Scott Trench are helping Alyssa and John figure out the answer.
This couple is relocating and facing a dilemma: they have a home with a low mortgage rate that could generate rental income, but they're also craving simplicity and wondering if selling would accelerate their path to financial independence. Alyssa and John open up about their complete financial picture, investment portfolio, and long-term FI goals as Scott and Mindy crunch the numbers and weigh the options.
This Episode Covers:
The financial pros and cons of converting your primary residence into a rental property
How to analyze rental property cash flow and return on investment
Tax implications of selling vs. renting out your home
The impact of low mortgage rates on the rent vs. sell decision
Lifestyle considerations: being a long-distance landlord and property management challenges
How rental income affects your path to financial independence
Real numbers breakdown: Alyssa and John's complete financial analysis
Property management costs and whether DIY landlording is worth it
How to make smarter real estate decisions during major life transitions
And SO much more!
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Episode #704
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Learn how to set and achieve your 2026 goals in this episode of the BiggerPockets Money podcast with hosts Mindy Jensen and Scott Trench. In this episode, Mindy and Scott review their 2025 achievements and create actionable plans for 2026, covering everything from family milestones and fitness goals to business ventures and financial targets. You'll discover proven goal-setting techniques, strategic planning frameworks, and practical tips for turning New Year's resolutions into real results.
What You'll Learn:
Strategic goal-setting frameworks for personal, financial, and professional growth
How to set realistic yet ambitious goals for 2026
Accountability strategies to actually achieve your resolutions
Real examples of personal finance goals and wealth-building plans
How to track progress and adjust goals throughout the year
And SO much more!
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Ready to take control of your finances in 2026? Mindy Jensen and Scott Trench are breaking down one of the most powerful tools for financial success: the personal financial statement. Think of it as your complete financial snapshot—tracking your net worth, cash flow, assets, and liabilities all in one place. The best part? They're giving you a free comprehensive spreadsheet to make it ridiculously easy.
This Episode Covers:
Whether you're just starting out or ready to level up your money game, this episode gives you the foundation you need.
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Sam and Carolyn reached financial independence in their thirties through frugality, real estate investing, and building side hustles that generated $10,000 per month. Then they made a bold move—quitting their jobs and briefly relocating to Canada.
This Episode Covers:
How Sam and Carolyn house-hacked their way to a multi-property real estate portfolio
The unconventional side hustles that generated $10K monthly in additional income
Their complete financial strategy: savings rate, expense tracking, and investment allocation
The decision to quit their jobs and achieve full financial independence in their thirties
Why they moved to Canada and how universal healthcare and education factored into their FIRE plan
Navigating the challenges of early retirement and aligning goals as a couple
Building systems for long-term wealth preservation and flexible lifestyle design
Lessons learned and advice for aspiring FIRE seekers
Whether you're just starting your FIRE journey or looking for creative ways to accelerate your path to financial independence, Sam and Carolyn's story offers actionable strategies you can implement today.
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