Coast FI: Semi-Retiring Early - Kristen Knapp | MHFI 238
Description
Doug chats with Kristen Knapp, a meteorologist from St. Louis, about her Financial Independence journey, how she made it to Coast FI, and the importance of the FI community. Kristen shares how her frugal upbringing & early financial literacy set the stage for financial stability, details her transition from a full-time meteorology career to a part-time Coast FI lifestyle (including all of the life events that influenced her decision), and shares what she’s doing now to fill her time. She also discusses her new venture, FI Friends Travel, where she plans trips tailored to the FI community.
Be sure to check out the new GhostBed Massage Topper. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI)
Need a fee only advisor? Nectarine is a network of financial advisors where you just pay for investing & planning advice. Advisors don’t manage your money, sell products, or earn commissions. We’re affiliates so we can earn a commission if you sign up. Thanks for the support.
https://milehighfi.com/nectarine
Help Kristen afford her very first spreadsheet by heading over to Buy Me A Coffee.
Links
(*Some affiliate links so we might earn a commission if you buy something)
- Connect with Kristen
- Kennel Enrichment Program (Humane Society)
- CampFI
- EconoMe Conference
- Eric Cooper discussing the 72T
- BiggerPockets Money, “Dude ACTUALLY Withdraws From His 401(k) and Retires at 47”
- Forget About Money, “Secret IRS Rule 72(t) Explained! | Eric Cooper Reveals Early Withdrawal Power Move!”
- ChooseFI Local Groups
- Bill Perkins, “Die With Zero”
- Mindy Jensen
- Carl Jensen
- Mark’s Money Mind Podcast
- Amberly Grant/FinTalks Cruise
- Doug’s site
- Check out Producer Chris’s new blog: Epic Financial Journey
—
Join the Mile High FI Club – It’s the email list!
Get MHFi Merch – It helps support the show. Get t-shirts & more
**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**
Brought To You By:
The Doug Show, aka Affiliate Marketing & Side Hustles
Email the show: doug@milehighfi.com
0:00 Introduction
3:29 Intro to Financial Independence
10:29 Impact of the FI community
15:31 Kristen’s simple FI math
22:46 Filling the time away from work
28:18 Challenges while transitioning to part-time
36:46 What a typical week looks like
42:43 FI Friends Travel
49:58 Other FI events & influences
54:24 Most valuable lesson & advice to others
1:00:28 Soundcheck – Frankenfinger