Why This DIY Investor Finally Hired A Financial Advisor | "BiggerPockets" Crossover | 199

5 snips

Feb 25, 2026

Bill Yount, an emergency physician who reached FI around 60 and now advises on decumulation and family wealth, recounts his ten‑year sprint to financial independence. He discusses moving from a three‑fund portfolio to risk‑parity, hiring a flat‑fee planner after years DIYing, order of withdrawals and asset location, boosting savings to ~40%, and strategies to jump‑start his kids’ Roths and HSAs.

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ADVICE

Boost Savings Fast By Cutting Big Expenses

Cut big-ticket lifestyle items first to raise savings rate quickly: downsize housing, stop leasing new cars, and favor used cars.
Bill combined his wife's return to full-time work with these deflation moves to reach ~40% savings.

INSIGHT

Preserve Wealth At The FI Pivot

At the FI pivot, preservation matters more than pure growth, so diversify beyond a three-fund portfolio into uncorrelated assets.
Bill sought a risk parity approach to reduce long drawdowns while accepting slightly lower long-term returns.

ADVICE

Construct A Simple Risk Parity Portfolio

Build a manageable risk parity portfolio with a few uncorrelated funds across equities, bonds, gold, and managed futures.
Bill's Optimus Prime: 44% equities (growth/value U.S. & international), 30% long-term treasuries, 11% gold, 11% managed futures, 3% cash, 1% Bitcoin.

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