In this podcast episode, we will explore the concept of financial independence, emphasizing the significance of calculating your financial independence number (FIN).

The discussion highlights the challenges retirees may encounter, such as longevity risk and the impact of inflation on savings. We will emphasize the necessity of proactive financial planning and goal setting to ensure a stable and secure retirement.

(00:01:04) Importance of knowing the financial independence number (FIN) and setting financial goals for retirement.

(00:02:04) Challenging the traditional retirement age and emphasizing the need for personalized retirement planning.

(00:03:13) Understanding the risk retirees face when their savings become insufficient due to living longer and the im ...