Uploaded April 2026 | Updated September 2026, 2 weeks ago
Schedule a FREE consultation call with our friends at Advisor today and never make another financial decision alone! Take this short quiz to get started: bit.ly/ytvid4726
Welcome back to our 2-part, classic TFD, money-focused miniseries! Last week, we talked about what to do if you have high-interest debt. Today, we'll be diving into the other end of the financial spectrum: what to do to set yourself up for FIRE, or early retirement, and how to determine if that goal is possible for you.
RESOURCES MENTIONED IN VIDEO:
projectionlab.com/financial-terms/barista-fire
nerdwallet.com/retirement/learn/early-retirement
choosefi.com/how-to-invest-money/asset-allocation-retire-early
Want to support TFD? One of the best ways is to join our membership program, The Society at TFD — join at the Premium tier and get instant access to our latest member podcast, RomComOnomics! You can become a member here on YouTube or over on Patreon (we recommend Patreon for a better user experience!) — Join here: bit.ly/46jmyUE
00:00:00 Intro
00:02:18 The value of working with a financial planner
00:03:20 My issues with the FIRE movement
00:08:25 Decide what retirement means to you
00:11:54 Determine your retirement number
00:14:25 Calculate your savings rate
00:15:32 Is this something you want to commit to?
00:16:22 Determine your investment strategy
00:17:22 Widen the gap between income & spending
Schedule a FREE consultation call with our friends at Advisor today and never make another financial decision alone! Take this short quiz to get started: bit.ly/ytvid4726
Welcome back to our 2-part, classic TFD, money-focused miniseries! Last week, we talked about what to do if you have high-interest debt. Today, we'll be diving into the other end of the financial spectrum: what to do to set yourself up for FIRE, or early retirement, and how to determine if that goal is possible for you.
RESOURCES MENTIONED IN VIDEO:
projectionlab.com/financial-terms/barista-fire
nerdwallet.com/retirement/learn/early-retirement
choosefi.com/how-to-invest-money/asset-allocation-retire-early
Want to support TFD? One of the best ways is to join our membership program, The Society at TFD — join at the Premium tier and get instant access to our latest member podcast, RomComOnomics! You can become a member here on YouTube or over on Patreon (we recommend Patreon for a better user experience!) — Join here: bit.ly/46jmyUE
00:00:00 Intro
00:02:18 The value of working with a financial planner
00:03:20 My issues with the FIRE movement
00:08:25 Decide what retirement means to you
00:11:54 Determine your retirement number
00:14:25 Calculate your savings rate
00:15:32 Is this something you want to commit to?
00:16:22 Determine your investment strategy
00:17:22 Widen the gap between income & spending
