BiggerPockets Money Podcast: The One Thing Most FIRE Chasers Get Wrong (and Later Regret in Retirement)
Update: 2025-01-24
Description
Why do so many in early retirement struggle with happiness? We know you’ve told yourself, “Once I hit FIRE, I’ll be living the dream! Every day will be like a vacation.” This is what Mindy was telling herself for years before becoming financially independent, and once she hit her goal, she realized life’s same problems still exist. If you’re FI already, this may sound familiar. So, how do you enjoy the path to early retirement so that when you reach your financial goal, the party doesn’t stop?
Jordan Grumet, AKA Doc G, practiced full-time medicine for years but wasn’t completely satisfied, even with financial success. After reflecting on his “purpose,” he found that hospice medicine brought him true fulfillment. Through conversations with patients on their deathbeds, Jordan uncovered a common thread: most regrets stemmed from not living a purposeful life, regardless of financial achievement.
In his new book, The Purpose Code, Jordan walks you through exercises that uncover your view on purpose, success, financial freedom, and what it means to truly “win” in life. His goal? Make sure you enjoy every day on the path to financial freedom so that when you get there, you know exactly how to live the life you love. If you want to reach FIRE happy, less stressed, and full of energy to live your early retirement life, we’ve got what the doctor ordered.
In This Episode We Cover
Why even the wealthiest people in the world are still so unhappy (and what they’re missing)
Why money is NOT the only tool you can use to find lifelong happiness
The four “anchors” you can use to find your life’s purpose before it’s too late
How to enjoy the path to financial freedom without burning out or pushing through unhappiness
The number one thing in life that leads to humans being happy (it’s completely free)
And So Much More!
Links from the Show
Mindy on BiggerPockets
Scott on BiggerPockets
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Join BiggerPockets for FREE
Email Mindy: Mindy@biggerpockets.com
Email Scott: Scott@biggerpockets.com
BiggerPockets Money Facebook Group
Jordan’s Website
Land More Off-Market Deals with Crucial Property Owner Contact Information from DealMachine
Buy “The Purpose Code”
Find an Investor-Friendly Agent in Your Area
The “Deathbed Toolkit” That Makes Building Wealth Much More Enjoyable w/Doc G
(00:00 ) Intro
(04:39 ) The Comparison Trap
(06:38 ) You're Getting "Purpose" Wrong
(10:16 ) How to Start Enjoying Life
(14:07 ) The Reason So Many Aren't Happy
(23:30 ) The Huge Impact of "Little" Purpose
(29:10 ) Purpose Exercises
(30:52 ) Finding Your Community
(33:54 ) Connect with Jordan!
(34:27 ) Find Purpose BEFORE FI!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-601
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com
Learn more about your ad choices. Visit megaphone.fm/adchoices
Jordan Grumet, AKA Doc G, practiced full-time medicine for years but wasn’t completely satisfied, even with financial success. After reflecting on his “purpose,” he found that hospice medicine brought him true fulfillment. Through conversations with patients on their deathbeds, Jordan uncovered a common thread: most regrets stemmed from not living a purposeful life, regardless of financial achievement.
In his new book, The Purpose Code, Jordan walks you through exercises that uncover your view on purpose, success, financial freedom, and what it means to truly “win” in life. His goal? Make sure you enjoy every day on the path to financial freedom so that when you get there, you know exactly how to live the life you love. If you want to reach FIRE happy, less stressed, and full of energy to live your early retirement life, we’ve got what the doctor ordered.
In This Episode We Cover
Why even the wealthiest people in the world are still so unhappy (and what they’re missing)
Why money is NOT the only tool you can use to find lifelong happiness
The four “anchors” you can use to find your life’s purpose before it’s too late
How to enjoy the path to financial freedom without burning out or pushing through unhappiness
The number one thing in life that leads to humans being happy (it’s completely free)
And So Much More!
Links from the Show
Mindy on BiggerPockets
Scott on BiggerPockets
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Join BiggerPockets for FREE
Email Mindy: Mindy@biggerpockets.com
Email Scott: Scott@biggerpockets.com
BiggerPockets Money Facebook Group
Jordan’s Website
Land More Off-Market Deals with Crucial Property Owner Contact Information from DealMachine
Buy “The Purpose Code”
Find an Investor-Friendly Agent in Your Area
The “Deathbed Toolkit” That Makes Building Wealth Much More Enjoyable w/Doc G
(00:00 ) Intro
(04:39 ) The Comparison Trap
(06:38 ) You're Getting "Purpose" Wrong
(10:16 ) How to Start Enjoying Life
(14:07 ) The Reason So Many Aren't Happy
(23:30 ) The Huge Impact of "Little" Purpose
(29:10 ) Purpose Exercises
(30:52 ) Finding Your Community
(33:54 ) Connect with Jordan!
(34:27 ) Find Purpose BEFORE FI!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-601
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com
Learn more about your ad choices. Visit megaphone.fm/adchoices
Episode: https://www.biggerpockets.com/blog/money-601
Podcast: https://www.biggerpockets.com/podcasts/money
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