Intermediate to advanced personal finance strategies for people serious about the FIRE (financial independence retire early) movement—not just dreaming about it.Tune in on Tuesdays and Fridays for new BiggerPockets Money episodes with your hosts, Mindy Jensen and Scott Trench! Or visit BiggerPocketsMoney.com with additional resources.
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In this episode of the BiggerPockets Money Podcast, Dave shares how he and his family went from no real savings to building more than $1 million in net worth in just seven years while raising five kids on a median income. Dave explains how he used side hustles, aggressive saving, minimalism, DIY skills, and strategic […]
In this episode of The BiggerPockets Money Podcast, we explore how someone starting from zero at age 50 can build wealth and potentially reach a $1 million net worth by 65. We break down a realistic 15-year wealth-building strategy, including aggressive saving, living at the bottom quintile of expenses in your area, increasing income through […]
In this episode of The BiggerPockets Money Podcast, hosts Mindy Jensen and Scott Trench are joined by special guest Carl Jensen to explore the bull and bear cases for megacap stocks, the future of AI, and what rapid technological advancement could mean for investors and the broader economy. They break down tech valuations, surging AI […]
How do you choose the right financial advisor? Mindy Jensen and Scott Trench explain what to look for when hiring a financial planner, including AUM vs. flat-fee vs. hourly compensation, CFP credentials, fiduciary status, advisor qualifications, questions to ask, and how to prepare for your first meeting. If you’re considering working with a financial advisor, […]
How do Scott and Virginia Trench actually run their household, set big financial goals, and build toward financial independence together? In this episode, Scott and Virginia pull back the curtain on the systems and conversations that keep their family, finances, and future moving in the same direction. They talk about their approach to goal setting, […]
REITs have underperformed for 25 years, but could the next decade be different? Jussi Askola joins us to look at where REITs stand today, how they are valued, and where investors may find the best opportunities. We discuss how to value REITs using NAV and FFO, why management quality matters, and which sectors look most […]
Can a 29-year-old couple with a $1.7 million net worth become work optional by age 40? In this Finance Friday episode, we break down their financial plan after inheriting two rental properties and explore the biggest decision they face: keep investing in real estate, leverage their equity, or shift toward index funds? We analyze their […]
In this episode of the BiggerPockets Money podcast, hosts Mindy Jensen and Scott Trench react to the biggest takeaways and criticisms from Mindy’s recent episode with The Money Guys. Mindy shares her perspective on the conversation, clears up misconceptions, and discusses what financial independence really means from her point of view. The discussion also explores […]
On this episode of BiggerPockets Money, hosts Mindy Jensen and Scott Trench sit down with Adrianna Adams, CFP at Domain Money, to discuss some of the biggest mistakes people make on the path to financial independence and early retirement. From chasing the perfect FIRE number to overlooking liquidity and tax planning, Adriana shares the lessons […]
On this episode of the BiggerPockets Money Podcast, hosts Mindy Jensen and Scott Trench sit down with Cody Berman to uncover how he achieved financial independence before age 30 and built a $5 million net worth through entrepreneurship, side hustles, real estate investing, stock market investing, and multiple income streams. Cody shares the mindset, strategies, […]
What is the Middle Class Trap, and how can high earners avoid it on the path to financial independence? In this episode of the BiggerPockets Money podcast hosts, Mindy Jensen and Scott Trench explain why maximizing income isn’t always enough and how smart tax planning can dramatically improve your after-tax wealth. They explore how strategies […]
Trump Accounts are one of the newest tax-advantaged investment accounts for children, but where do they fit in your financial plan? In this episode of the BiggerPockets Money podcast, Jeremy Schneider of Personal Finance Club explains how Trump Accounts work, who should open one, how they compare to 529 plans and custodial accounts (UGMA/UTMA), and […]
What did Mindy and Carl Jensen learn from The Money Guys after they reviewed their portfolio? In this recap episode, Mindy and Carl share their biggest takeaways on retirement planning, cash reserves, Roth conversions, tax strategy, and portfolio diversification. They discuss what advice they’re putting into action, what they’re still debating, and how these lessons […]
Is Coast FI the smarter path to financial independence in today’s economy? In this episode, Scott Trench and Evan Lawler compare Coast FI vs. traditional FIRE, breaking down the trade-offs between reaching financial freedom as fast as possible or building enough wealth to let compound growth do the heavy lifting. They discuss investing, side hustles, […]
In this special episode of the BiggerPockets Money Podcast, Mindy Jensen and her husband Carl head to The Money Guy Show studio for a comprehensive portfolio review with Brian Preston and Bo Hanson. After years of maximizing traditional 401(k) contributions to reduce their tax bill, they’ve built substantial wealth, but now they’re asking an important […]
Are you actually spending too much, or does it just feel that way because of where you live? In this episode of the BiggerPockets Money Podcast, Mindy Jensen and Scott Trench break down a new budget benchmarking tool that compares your spending to households like yours using real government data, regional cost-of-living adjustments, fair market […]
Is $500,000 actually a more important financial milestone than becoming a millionaire? In this episode of the BiggerPockets Money Podcast, Mindy Jensen sits down with Evan Lawler to explore why reaching $500K early could put you on track for Coast FIRE and potentially grow into millions by traditional retirement. They discuss the power of compound […]
Military service offers more financial advantages than most Americans realize, but is staying for a 20-year pension always the smartest move? In this episode of the BiggerPockets Money Podcast, Mindy Jensen and Scott Trench sit down with Carol and Doug to discuss how military benefits can accelerate financial independence. They cover military pensions, VA disability […]
Reaching financial independence is only half the battle, knowing how to withdraw your money in early retirement is just as important. The right withdrawal strategy can help you minimize taxes, avoid unnecessary penalties, and make your portfolio last longer. In this episode of the BiggerPockets Money podcast, Mindy Jensen and Scott Trench break down six […]
In this episode of the BiggerPockets Money podcast, Mindy Jensen and Scott Trench tackle one of the biggest questions in the FIRE movement: Why has the traditional $1 million FIRE goal grown to $2.5 million or more? They discuss how inflation, rising living costs, lifestyle changes, and retirement planning have reshaped what financial independence looks […]
Is investing ethical? Can you build wealth, pursue financial independence, and still invest according to your values? Scott and Mindy tackle one of the biggest questions in personal finance, exploring ethical investing, ESG investing, capitalism, index funds, and the moral trade-offs that come with building long-term wealth. They discuss whether investing in companies like Tesla, […]
Healthcare is one of the biggest unknowns in any FIRE plan. If you’re considering early retirement, self-employment, or leaving a traditional job, understanding health insurance costs could save you thousands of dollars per year and prevent costly planning mistakes. In this episode, we break down the Affordable Care Act (ACA) health insurance, premium tax credits, […]
How do you build nearly $1 million in net worth while working seasonally, living intentionally, and creating a lifestyle you actually enjoy? In this episode, Heather shares her remarkable journey from living in a 300-square-foot cabin to building substantial wealth through nursing, guiding, rental properties, and smart financial decisions. We break down her real estate […]
Most people know they should have an estate plan, but keep putting it off. In this episode of the BiggerPockets Money podcast, Mindy Jensen and special guest Carl Jensen sit down with estate planning attorney Skipton Reynolds to break down everything you need to know about wills, trusts, probate, beneficiary designations, powers of attorney, guardianship […]
In this Finance Friday episode of the BiggerPockets Money podcast, hosts Mindy Jensen and Scott Trench analyze whether Katie can step back from work while still making sure that her husband, Jesus, can retire early at 50. They break down the FIRE math, withdrawal strategies, healthcare considerations, market risk, pension benefits, and the emotional challenges […]
