3 levels of financial independence: why hard work alone may not get you into the top 1%, but how it’ll get you to FI
#7: We talk about the importance of luck when it comes to FIRE. How important is it for FIRE? Can you achieve FIRE even if you aren’t particularly lucky? We’ll answer these questions and share some mindsets that’ll help you stay on track in making FIRE progress. What you’ll learn in this episode: Why luck is hugely important in life to get to the very topHow, even though you can't control luck, the factors you CAN control can get you to FIRE if you plan thoughtfully and work hardPlus, th...
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As a lawyer / engineer / MBA, how can you achieve FIRE (financial independence, retire early) rapidly to quit the rat race, pursue your passions, and live life on your own terms? Andrew Chen – founder of the Hack Your Wealth Blog and lawyer, financial expert (CFA graduate), and tech industry veteran – shows you strategies and tactics to (1) earn, (2) save, (3) invest, and (4) protect as a high earner so that you can build massive wealth and create a portfolio that’s a FIRE machine. Through solo lessons, expert interviews, and side hustle profiles, you’ll learn about tax strategies, retirement account optimization, asset allocation & rebalancing, passive income (real estate investing, side hustling, online business, digital nomading), family finances (e.g., strategizing college education costs), travel hacking, estate planning, and career transitions. Andrew podcasts about the big picture concepts, then adds step-by-step implementation guides downloadable from the Hack Your Wealth website to help you FIRE strategically, methodically, and rapidly.