PODCAST EPISODE 220: Financial Independence at age 52, earning less than $100k

WHAT WAS COVERED

  • 00:00 – Paul welcomes listeners.
  • 00:45 – Welcoming guest, Chris Fabbro
  • 02:00 – Chris Fabbro’s background.
  • 06:25 – Government retirement programs.
  • 13:00 – The financial turning point.
  • 15:30 – Identify your luxuries.
  • 22:30 – Responsibly delaying expenses to refrain from running the ‘rat race’.
  • 27:20 – Setting an example for lifestyle choices.
  • 36:05 – Finding rewarding experiences that don’t cost you money.
  • 38:35 – Recap
  • 39:00 – Episode ends, thank you for listening.

[Tweet “Pay yourself first, By saving for your future. #YourBusinessYourWealth”]

[Tweet “What habits do you have that you can reconsider? What in your finances causes ‘death by a thousand cuts’? #YourBusinessYourWealth“]

[Tweet “Setting an example in your financial lifestyle shows others that there is another path they can take if/when they find they are moving in the wrong direction financially.

#YourBusinessYourWealth“]

LINKS

Curious what you can accomplish with our help? Schedule a free 15-minute meeting with us! sfgwa.com/scheduling

Sound Financial Group’s Website for a Financial Inquiry Call – [email protected] (Inquiry in the subject)

Your Business Your Wealth on Instagram

Your Business Your Wealth on Facebook

Sound Financial Group on LinkedIn

Paul Adams on LinkedIn

Cory Shepherd on LinkedIn

Cape Not Required (Cory’s Book)

Sound Financial Advice (Paul’s Book)

Clockwork: Design Your Business to Run Itself

Mike Michalowicz’s Book – Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine

Loserthink: How Untrained Brains Are Ruining America

SHARE THE SHOW

Did you enjoy the show? We would love it if you subscribed today and left us a 5-star review!

Click this link – Your Business Your Wealth

Click on the ‘Subscribe’ button below the artwork

Go to the ‘Ratings and Reviews’ section

Click on ‘Write a Review’

——————————————————————————————————————————-

Transcribed by https://otter.ai

This Material is Intended for General Public Use. By providing this material, we are not undertaking to provide investment advice for any specific individual or situation, or to otherwise act in a fiduciary capacity. Please contact one of our financial professionals for guidance and information specific to your individual situation.

Sound Financial Inc. dba Sound Financial Group is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance. Insurance products and services are offered and sold through Sound Financial Inc. dba Sound Financial Group and individually licensed and appointed agents in all appropriate jurisdictions.

This podcast is meant for general informational purposes and is not to be construed as tax, legal, or investment advice. You should consult a financial professional regarding your individual situation. Guest speakers are not affiliated with Sound Financial Inc. dba Sound Financial Group unless otherwise stated, and their opinions are their own. Opinions, estimates, forecasts, and statements of financial market trends are based on current market conditions and are subject to change without notice. Past performance is not a guarantee of future results.

Each week, the Your Business Your Wealth podcast helps you Design and Build a Good Life™. No one has a Good Life by default, only by design. Visit us here for more details:

yourbusinessyourwealth.com

© 2020 Sound Financial Inc. yourbusinessyourwealth.com

PRODUCTION CREDITS

Podcast production and show notes by Greater North Productions LLC

Related Posts

  • PODCAST EPISODE 146: THE EXCITEMENT TRAP WITH DREW KNOWLES

    EPISODE SUMMARY In this episode of Your Business, Your Wealth, Paul and Cory welcome VP of Influence Ecology and expert of human performance and behavior, Drew Knowles to analyze the break down the Excitement Trap. Drew expounds on the biology of excitement and explains how it can have a negative impact on you in the marketplace. Paul, Cory, and Drew…

  • PODCAST EPISODE 256 – Seeing Through Media Falsehoods

    WHAT WAS COVERED [Tweet “So many pieces of news can masquerade as facts that we don’t know, and we have to pay really careful attention. #YourBusinessYourWealth”] [Tweet ” we might know what to do financially, but we probably don’t know what we shouldn’t do financially.#YourBusinessYourWealth”] [Tweet “One of the cognitive biases is that if something rhymes we automatically feel like it…

  • PODCAST EPISODE 154: LLOYD’S OF LONDON, WHERE INCOME IS KING WITH ROBERT CLARK

    EPISODE SUMMARY In this episode of Your Business, Your Wealth, Paul and Cory welcome Robert Clark to the show. Robert is the regional Vice President at Petersen International, the largest cover writer of surplus lines of Lloyd’s of London. Paul, Cory and Robert discuss the history of Lloyd’s of London, the world’s leading specialist insurance market. They talk about some…

  • PODCAST EPISODE 231: Holding Strategy in the Midst of Crisis

    WHAT WAS COVERED [Tweet “What I want you to think about and change your frame around is asking them what’s the evidence that what you’re recommending over the next 20 or 30 years is going to be better than what I’m doing with an academically allocated globally diversified portfolio. #YourBusinessYourWealth”] [Tweet “Times of market volatility are when the greatest transfers of…

  • PODCAST EPISODE 243: Medicare – Unscrambling the Alphabet Soup

    WHAT WAS COVERED [Tweet “In Washington state (and some other states) the premium for Medicare includes a broker, whether you go out and purchase by yourself on the market or with help of a broker. #YourBusinessYourWealth”] [Tweet “In a small business, 1 person near 65 might be bringing the average age up on a group plan and it may be more…

  • Podcast Episode 114: Protecting Your Window, Part 1

    EPISODE SUMMARY In this episode of the Sound Financial Bites podcast, co-hosts Paul Adams and Cory Shepherd sit down to discuss how to make the wisest decisions towards long-term protection during your White Coat Window. Paul and Cory talk about common mistakes they have observed in insurance structures, talk about the protective benefits of umbrella insurance, and provide a formula for determining…