How to Reach Financial Independence As a Late Starter

How do you reach financial independence when you’re a late starter and don’t have everything figured out in your 20s, 30s, or even your 40s? Bill Young and Jackie Cummings Kosti, hosts of the Catching up to FI podcast, have made it their mission to help you make up for lost time, and they’re sharing their secrets in this episode. Their action steps to reach financial independence as a late starter is all about the kiss method - keep it simple by starting to invest and save money, and stay simple - you don’t need to take on much more risk in your portfolio or create a complicated investing strategy. You need to start somewhere. Throughout both Bill and Jackie’s financial independence journey, they both agree that you can’t overlook the mental, psychological, and emotional part of your journey - working through shame, fear, your money story, and spending time processing those emotions so you can create a different future is key.

In this episode, you’ll learn about the steps Bill and Jackie took individually to reach financial independence late in life, what advice they wish they had known earlier, and the steps you need to take to fast-track your financial independence journey.

LINKS

Catching Up to FI podcast

Die with Zero book

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