From $150K Failure to Financial Independence - Nik Johnson | MHFI 299

Doug chats with Nik Johnson (Everyday Money Heroes) about his journey to Financial Independence and retiring early.  He discusses an early passion for personal finance, how he discovered FI during the pandemic, the value of being part of a community, and the importance of a supportive spouse.  Nik describes his post-retirement life emphasizing a commitment to community service & financial literacy.  And excitingly he also describes what it’s like to be featured on national television (CBS Sunday Morning).

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• Guitar Accessories
• Hiking & Outdoor
• Essentials for Sleep

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Links

• Everyday Money Heroes
  • Website
  • YouTube
• CBS News Sunday Morning, “How the FIRE movement is inspiring early retirees”
• CampFI
• CampFI YouTube
• ChooseFI local groups
• Our Rich Journey
• Bill Perkins, “Die With Zero”
  • Kindle
  • Hardcover
  • Paperback
  • Audiobook
• MHFI Facebook group
• Doug’s site
• Check out Producer Chris’s blog: Epic Financial Journey

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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**

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0:00 Introduction

0:57 CBS Sunday Morning experience

7:48 Discovering FI & building community

15:15 Career & financial journey

23:52 CENT & achieving FI

29:58 Quitting work & emotional impact

38:53 Changes in expenses & spending in retirement

45:26 Everyday Money Heroes

52:33 Soundcheck – CampFI