7 Levels Of Financial Independence You Need To Know

[@OnCashFlow]

Once you reach any level of financial independence, you need to know what to do to make sure you have a solid plan. That's why you should watch my full guide on what to do AFTER you achieve financial independence: kzbin.info/www/bejne/m6DXZnWKZdubZ7c

[@nikiclaypool8800]

I'm coast fi but shooting for regular fi! 14 years I think and I'll be there.

[@OnCashFlow]

Nice! That is a great time frame! Enjoy the present AND set yourself up for the future!

[@mikeham5465]

Thanks for the grea information Zach 😊

[@OnCashFlow]

Absolutely! :)

[@garcia4062]

Gracias, interesante para tener en cuenta!

[@OnCashFlow]

Thank you!

[@trautzz3234]

Going for regular FI myself, just about coast FI now, should pass lean FI in the next 3-4 years. Loved the ladder explanations, thanks for the excuse to give the ol' plan a check in.

[@OnCashFlow]

Good luck on your journey! I hope that I can help you along the way!

[@jeffreym3233]

Very sophisticated this FI thing. Coast is the most difficult to understand for me. I suppose it means that one keeps working for their income but stops making investments, enjoying the benefits of avoiding that spending.

[@OnCashFlow]

Yeah that's how I see it too. It could mean switching to a lower pay, but more enjoyable career because they don't need to invest much once they reach their FI number. Like if they have a 100k/yr job that they dislike with a 50% SR, make it to Coast FI, then quit and get a 50k/yr enjoyable job. I think Coast FI comes with the most uncertainty though.

[@lynnellechappell3337]

#teamFatFire I love my life now and want to be able to continue to travel and indulge whenever & wherever I want. willing to put in the extra time and organize my finances to make it happen 💰🏆🙌🏽

[@OnCashFlow]

That is great, Lynnelle! I know you will reach your goals! :)

[@garcia4062]

Menos gasto más inversión más tiempo para vivir una vida en retiro

[@OnCashFlow]

Time is precious! :)

[@fabiGBOtown]

Buddy, me again.. what type of funds should go in what accounts? Taxable < 401k < roth hsa. Im not sure what to put where. Help me understand this? Fidelity says they can't tell me because of the sec...

[@OnCashFlow]

This video has some elements of where to keep investments in which accounts: kzbin.info/www/bejne/bmPHgZZsn7WYf8k Honestly, it doesn't really matter much, you can keep the same investment mix in each account and be just fine getting started.

[@danielsantana4655]

❤️❤️❤️

[@OnCashFlow]

:)

[@autobotdiva9268]

#coastfire work 20-22 hours of overtime a month all summer. all invested!

[@OnCashFlow]

Dang! That will certainly put you ahead!

[@JosephDickson]

I thought I was at CoastFi but based on these numbers I'm just shy of it. 🤔

[@OnCashFlow]

I think that Coast FI is one of the hardest to calculate and it comes with the most uncertainty. By the time you reach that age, it's harder to make adjustments, you know?