Mar 09 2025 68 mins 14
Discover the five financial habits that can lead to a happy retirement, including how much you really need to save, the power of multiple income streams, and why paying off your mortgage faster can sometimes boost peace of mind. Learn how rational optimism can often fuel effective investing and how the 4% plus rule of thumb may help retirees avoid running out of money. Then, explore the five lifestyle habits that can serve to keep retirees fulfilled—from core pursuits (hobbies on steroids!) to the importance of strong social connections, independent kids, and group travel. In the second hour, Bigger Pockets Money Podcast host Mindy Jensen shares the secrets of the live-in flip strategy, explaining how to renovate and sell homes in the hope of massive tax-free profits while avoiding financial pitfalls. Plus, hear the real truth about the FIRE movement, how some achieve financial independence in just 10 years, and how to sidestep the middle-class trap that keeps many from significant wealth. This episode is filled with actionable financial strategies. Tune in now!
