In this week's episode, we are discussing the last step in your financial security journey. The final goal depends on your situation - do you have children who will go to college? Do you have a mortgage to pay off? Do you need to save more for retirement?
Welcome to the Balanced FI Podcast, episode 18! Thank you so much for listening in!
Step 10 of the Financial Security Steps is to Choose Your Next Goal.
You choose your next goal, you choose how to get there.
Read: Financial Security Step 10: Choose Your Next Financial Goal
Read: Financial Security Step 7: Pay off Debt
Read: Financial Security Step 8: Save an Emergency Fund
Read: Financial Security Step 9: Increase Retirement Contributions
Read: Financial Security Step 3: Save for Recurring Expenses
Resource: Early Mortgage Payoff Calculator
Resource: R: IQ Retirement Planner
Read: Financial Independence vs Financial Security
Source: Tax-Smart Ways to Help Your Kids or Grandkids Pay for College
Source: What is a 529 Plan?
Source: 529 ABLE Accounts
Source: How to Become Financially Independent
Source: The Ultimate Guide to the FIRE Movement