Hack Your Wealth

Wealth building hacks for lawyers, engineers, & MBAs.

[Hack Your Wealth @hackyourwealth]

If you’ve already retired, what do you do for health insurance? Knowing what you know now, what (if anything) would you do differently in terms of healthcare financial planning in the years leading up to retirement?

[Hack Your Wealth @hackyourwealth]

Healthcare planning IS retirement planning.

This week I chat w/ Bo Bowen, pharmacist + certified healthcare financial advisor. Bo’s background gives him unique insight on how healthcare financial planning is crucial for retirement security.

NEW EPISODE: https://t.co/nBrzFZ9i4b

[Hack Your Wealth @hackyourwealth]

If you have not retired yet, how big of a factor is healthcare and health insurance to your decision of WHEN to retire?

[Hack Your Wealth @hackyourwealth]

This week, I talk with Diya Liu, a full-time Airbnb short-term rental investor who scaled from zero to 9 properties in 1 year, netting $100k annual profit, then quit her BigLaw job to do STR & hotel real estate investing full-time.

NEW EPISODE: https://t.co/x26JAC4xf1

[Hack Your Wealth @hackyourwealth]

Do you own / operate short-term rental properties (e.g., Airbnb)? If so, how have bookings changed in the last 1-2 years? Do you see over-saturation in listings inventory in your area?

[Hack Your Wealth @hackyourwealth]

Happy Thanksgiving all!

[Hack Your Wealth @hackyourwealth]

If you’re planning to early retire in the future, how important is health insurance coverage to your decision of timing when to early retiree?

[Hack Your Wealth @hackyourwealth]

This week, I chat with early retirement health insurance expert Tracy Winters about health insurance options for early retirees who plan to travel significantly in retirement.

NEW EPISODE: https://t.co/8a6tRDEEAb

[Hack Your Wealth @hackyourwealth]

If you’re early retired, what do you do for health insurance?

How do you handle health insurance if you travel significantly as an early retiree?

[Hack Your Wealth @hackyourwealth]

Hope you enjoyed this week’s podcast interview / FIRE profile with Kim. (https://t.co/jgLN6dGRUt)

Know any other interesting unmarried women who are pursuing or achieved FIRE? I’d be interested in potentially interviewing them for the podcast. Feel free to DM or leave a comment.

[Hack Your Wealth @hackyourwealth]

If you early retired, did you struggle with losing your professional identity and having to create a new non-career identity & community? How did you come to grips with this?

[Hack Your Wealth @hackyourwealth]

This wk, I chat w/ Kim re: her path from MBA to FIRE at 39 + life now 5 yrs later. We discuss how to build post-career identity, find fulfillment/community & dating/companionship in early retirement…plus advice for other women pursuing FIRE.

NEW EPISODE: https://t.co/Pc6Wm4dktT

[Hack Your Wealth @hackyourwealth]

Have you come across interesting FIRE stories / profiles of women (especially unmarried women)? Where?

Most FIRE profiles *seem* to be: single men, married couples, or married with kids. Where are the single (or at least unmarried) women profiles?

[Hack Your Wealth @hackyourwealth]

@LiveRichCheaply ...plus, spending down one's savings to "roll the dice" on finaid seems like a poor retirement strategy 🤔

[Hack Your Wealth @hackyourwealth]

If you considered investing in a 529 for your child but ultimately decided against it, what was your rationale? Curious.

[Hack Your Wealth @hackyourwealth]

@LiveRichCheaply ...ofc one could "take a risk" by saving little in whatever vehicle (consuming a lot), thinking they'll get more financial aid that way, but finaid is more heavily weighted toward income rather than assets anyway, plus one still may not get enough finaid w/ that strategy...

[Hack Your Wealth @hackyourwealth]

@LiveRichCheaply Say, for 4-year private?

[Hack Your Wealth @hackyourwealth]

If you’re planning to help your kids with paying for college, what percent of the bill are you likely to help them cover?

1. 25% or less
2. 25-50%
3. 50-75%
4. 75-99%
5. 100%

[Hack Your Wealth @hackyourwealth]

@LiveRichCheaply Yep, me too

[Hack Your Wealth @hackyourwealth]

When you entered college, what was the approximate all-in sticker price – for tuition, room, board, supplies/fees?

Me:
- Private: ~28-32k
- Out-of-state public: ~15-20k
- In-state public: ~9-10k

[Hack Your Wealth @hackyourwealth]

What type of FIRE profiles (career background, earning level, family/kid status, etc) do you want to hear more about on the podcast?

[Hack Your Wealth @hackyourwealth]

This week, I talk with a midwest dentist w/ 2 kids who built a $7M nest egg before retiring from clinical practice. He explains the actions he took to reach financial independence (+ detailed breakdown of his numbers) and what he’s doing now.

NEW EPISODE: https://t.co/QdUpPUoriV