104 - Sophie - “I'm dipping into the FIRE movement.”

<p>In episode 104 of Future Rich, Certified Financial Planner Barbara Ginty interviews 26-year-old, Sophie who seems to have all of her financial ducks in a row! <br/><br/>Sophie lives in Los Angeles, California, with her partner and works as a product researcher for an educational tech company. She has been super busy since 2020 and just got a promotion. Her expenses aren&apos;t too bad, but she has to tackle a bit of, you guessed it, student loan debt.<br/><br/>Sophie is also interested in dipping her toes into the F.I.R.E. movement. What Is the F.I.R.E. movement exactly? F.I.R.E. stands for “Financial Independence, Retire Early.” It is a lifestyle movement to save and invest aggressively—somewhere between 50–75% of your income—so you can retire sometime in your 30s or 40s (who doesn&apos;t want that?!).<br/><br/>In this episode, Barbara helps Sophie come up with a concrete plan to pay off her student loans and also offers suggestions for her to get into<br/>the F.I.R.E. movement early. <br/><br/>Follow Future Rich to stay up to date and let us know what topics you&apos;d like Barbara to cover more in-depth this season.<br/><br/>instagram.com/futurerichpodcast<br/>facebook.com/planancial<br/><br/>Enroll in our courses in partnership with SUNY Ulster at www.futurerichpodcast.com</p>