ChooseFI | Financial Independence Podcast21 Aug 2023

451 | Mini-Retirements to Accelerate Your Path to FI | Jillian Johnsrud

Most people think you need to wait until retirement to finally live the life you want. Jillian Johnsrud proved otherwise by spending eight months traveling with her husband, five kids, and multiple pets in a 26-foot camper—and she did it while building a career. Jillian shares the framework her family created to ensure everyone (including parents) actually has fun during extended travel. She breaks down what qualifies as a mini retirement—stepping away from your main job for a month or longer to focus on what truly matters—and why waiting until you hit financial independence to pursue these experiences is a mistake. Key Topics Discussed: Introduction of Jillian Johnsrud [00:00:00] Jillian's Family Travel Experience [00:01:10] Eight months traveling in a camper with five kids Lessons learned and experiences gained Creating Fun Rules for Family Travel [00:05:25] Establishing family communication frameworks to ensure everyone enjoys trips "Creating family fun is for everyone, not just the kids." Understanding Mini Retirements [00:13:49] Definition: Stepping away from your main job for a month or longer to focus on personal priorities "Hitting financial independence doesn't automatically bring happiness." The high failure rate of trying new things and why that's part of the process Negotiating Mini Retirements at Work [00:36:48] Strategies for discussing extended time off with employers Emphasizing mutual benefits and the cost of employee replacement Preparing structured, fair proposals Key Insights: Intentionality Matters: Document your intentions for mini retirements to ensure they align with your values and avoid letting time slip away [00:46:05] Active Rest: Engage in activities that recharge you while remaining purposeful [00:21:03] Support Systems: Finding a community to navigate these transitions is crucial [00:25:35] Local Entertainment: Season passes to local attractions can maximize enjoyment while reducing costs [00:08:04] Resources: Retire Often Podcast: RetireOften.com [00:51:24]

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(681)

608 | Die With Zero, Revisited

Brad Barrett's daughter just graduated high school. She's heading to college in a few months. The number of times he'll see her for the rest of his life? Already countable. This realization—visceral a...

20 Jul 1h 13min

607 | Other Mountains I Want to Climb | Diania Merriam

Reaching financial independence is supposed to be the goal—but what if you get there and realize the real skill isn't earning or saving, but learning to spend? And what if the metric for business succ...

13 Jul 1h 21min

606 | Deep Dive: Target-Date Retirement and Bond Funds | Cody Garrett

Most investors think they're buying the same thing when they choose a target date fund—but two people who bought 2025 target date funds 15 years ago could have 40% different returns today. Same target...

6 Jul 1h 8min

605 | Retire in Less Than 10 Years

At 21, Cody Berman appeared on ChooseFI as a college student discovering financial independence. Three years later, he retired at 26. Now 30 with a $5 million net worth, he's back to reveal exactly ho...

29 Jun 1h 7min

604 | Getting Personal With Personal Finance: Bill Yount

Bill Yount reached financial independence at 60—then froze. His financial advisor confirmed 100% security, yet instead of relief, he felt disoriented fog. The emergency medicine physician who transfor...

22 Jun 1h

603 | Crash Proof: The Science Of Stock Market Resilience | Brian Feroldi

The stock market crashes about once every three years—at least a 20% drop. Most investors panic and sell. But if you understood why markets always recover, you'd do the opposite. Brian Feroldi reveals...

15 Jun 51min

602 | FI 201 Beyond FI Basics: Asset Allocation & Market Psychology Mastery

Most investors lose to the market because they're trying to pick winners in a game where only 4% of stocks have created 100% of market wealth over the past century. The math isn't in your favor—but th...

8 Jun 1h 1min

601 | Travel Rewards 101 | Devon Gimbel from Point Me to First Class

Devon Gimbel just booked over $250,000 in travel last year using credit card points—but she's the first to tell you award travel isn't "free." It's a strategy for 10x-ing your existing travel budget b...

1 Jun 1h 17min