We have been teaching our kid about coast FI. They have their first summer jobs and we helped them set up a Roth and a traditional 401(k). We keep reminding them about putting 25% of their income in every month since we are taking Care of all their regular expenses since they still live at home this is an easy way for them to get the extra boost for the future with very little pain. The kid also wants to own their own home, which we tell them that’s gonna be pretty hard to pull off if you don’t aggressively fund retirement now.
Informative episode on achieving financial independence and the factors that influence the rent vs. buy decision. As a complement to real estate investing, have you considered adding cryptocurrencies to your retirement portfolio? My Digital Money offers a secure and user-friendly platform to help you get started with a crypto IRA.
