Ep 32: Why I stopped contributing to retirement at age 36- A coast FIRE deep dive cover art

Ep 32: Why I stopped contributing to retirement at age 36- A coast FIRE deep dive

Ep 32: Why I stopped contributing to retirement at age 36- A coast FIRE deep dive

Listen for free

View show details

About this listen

Hola, hola! It's your girl Gigi (Giovanna Gonzalez), also known as The First Gen Mentor, back with Season 3 of the Cultura & Cash!

On this episode, I share why I stopped contributing to my retirement accounts at 36! What’s behind this shocking decision? 🤯

🎧 What You’ll Hear in This Episode:

  • How living abroad has affected my ability to contribute to retirement accounts
  • An introduction to the FI/RE movement
  • How I hit a major financial milestone- Coast FIRE!
  • An inside look into my investing journey, and how the pandemic allowed me to lock in
  • The actual math I’m using to calculate my projected retirement portfolio and how to calculate your projected annual expenses in retirement
  • Why my goal is to die with zero
  • How stepping away from retirement contributions has allowed me to work a job I enjoy and given me extra money to optimize my life now
  • As you consider your own retirement planning, think about how your current situation and goals align with your financial strategies.

What does this mean for you? Understanding your retirement options is crucial, especially if you’re considering retiring abroad.

Let’s talk about it! 💬

Compound interest calculator: https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator

📲 Connect with Giovanna Gonzalez | The First Gen Mentor:

Tiktok: / thefirstgenmentor

Instagram: / gigithefirstgenmentor

LinkedIn: / giovannagonzalez

#GiovannaGonzalez #FirstGenMentor #latinapodcast #coastFIRE

No reviews yet