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The vast majority of HTM listeners are Gen Z and Millennials - people who are starting early and taking the bull by the horns. But that’s not true for everyone in our audience, and it’s certainly not true for the average American. Our guest today didn’t even start thinking about financial independence until age 50. But he made up for lost time in a big way and now he’s helping thousands of other late starters do the same. Bill Yount is an emergency room physician on a mission to help people escape the rat race, live more balanced lives, and reclaim their time. His podcast, Catching Up to FI, is packed with practical wisdom for anyone who feels like they’re late to the game. Today we discuss:

• Bill’s personal journey from burnout and debt
• Geo-arbitrage and massively downsizing
• Debunking the myth that all doctors are rich
• Debt payoff or investing when you’re last to the game
• Transitioning to retirement and the “One More Year Syndrome”
• Emotional aspects of retirement
• A general take to living a full and engaging life
• And much more!

Can’t get enough How To Money? Here are some additional ways to get ahead with your personal finances:

• Bill: Listen to his podcast, Catching Up To FI with co-host (and friend of the pod) Jackie Cummings Koski!
• Credit card perks: Check out our favorite credit cards that we use to maximize rewards and optimize our spending.
• Money Gears: Knowing what to do with your money is crucial to your personal finance journey.
• Newsletter: Sign up for the weekly HTM newsletter. It’s fun, free, & practical.
• Other money nerds: Find a thriving community of fellow money nerds by joining the HTM Facebook group!

And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!

Best friends out!

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