Ditch Corporate! Start Taking the “Slow” Path to Retirement w/Tae Kim | Life After FIRE

BiggerPockets Money Podcast

BiggerPockets

Investing, Education, Business

4.6 • 2.9K Ratings

🗓️ 12 March 2025

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

The “death march to FI” isn’t for everyone. If you’re tired of climbing the corporate ladder or lacking a sense of purpose at your W2 job, it’s not too late to escape the rat race and design the life you want, just like the “Financial Tortoise,” Tae Kim, did! In this episode of “Life After FIRE,” Tae returns to the show to discuss his move from the corporate world to a job that gives him the freedom and flexibility to travel, spend more time with his family, and actually enjoy the journey to FIRE. For years, Tae was dead set on achieving his goal of becoming a chief financial officer (CFO), but as he approached the summit, he realized just how much freedom and control he was giving up. So, he started implementing a plan to quit and pursue entrepreneurship instead! In four years, Tae went from making $0 on YouTube to over $250,000 per year. Today, he and his wife are comfortably coast FI, traveling the world, creating personal finance content, and continuing to save for retirement where they can. Stay tuned as Tae shares how he “reinvented” himself in his late 30s and the moment he realized he had “made it” on YouTube! In This Episode We Cover Why Tae quit the corporate grind right before reaching his lifelong goal Building a financial runway that allows you to pursue entrepreneurship Crucial financial steps to take before leaving your nine-to-five job How to start an online business that gives you financial freedom Why it’s never too late to “reinvent” yourself and design the life YOU want And So Much More! Links from the Show Mindy on BiggerPockets Scott on BiggerPockets Listen to All Your Favorite BiggerPockets Podcasts in One Place Join BiggerPockets for FREE Email Mindy: [email protected] Email Scott: [email protected] BiggerPockets Money Facebook Group Follow BiggerPockets Money on Instagram “Like” BiggerPockets Money on Facebook BiggerPockets Money YouTube Channel Tae’s YouTube Buy the Book “The Quitter’s Manifesto” Sign Up for the BiggerPockets Money Newsletter Find an Investor-Friendly Agent in Your Area How to Become a “Quiet” Millionaire and Avoid the Financial Guru Trap Connect with Mindy Connect with Carl (00:00) Intro (01:08) Tae’s Money Story (05:57) Quitting Corporate (10:51) “Making” It on YouTube (18:23) Expectations vs. Reality (24:20) Current Income & Expenses (27:58) Design the Life You Want! (30:49) Connect with Tae! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-615 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello, hello, hello, my dear listeners, as you may or may not know, my husband, Carl, and I
0:04.8	have a new YouTube series on the Bigger Puckets Money YouTube channel called Life After Fire.
0:10.3	And as a very special bonus, we're going to be airing episodes here on the podcast on Wednesdays.
0:15.9	Without further ado, let's get into it.
0:18.9	We are so excited to slow down today. We are joined by the financial
0:24.1	tortoise, Tay Kim, and we are so excited to chat through the lead-up to Taye achieving financial
0:30.7	independence and what life has looked like for him afterwards. Let's get into it. Hi there. I'm
0:36.5	Mindy Jensen. And I think I'm Carl Jensen. You think? This is the Mindy. And Carl. Let's get into it. Hi there. I'm Mindy Jensen. And I think I'm Carl Jensen. You think
0:39.5	this is the Mindy? And Carl. He thinks on Life After Fire, where we talk about what happens
0:45.7	after you reach financial independence. Why do we call this show Life After Fire? Because we're
0:50.4	talking about and talking to people who are living their best life after reaching financial independence.
0:55.5	We also want to shout out to our listeners who may have come to know this series as the Living a Fire life series.
1:02.5	We are changing the name of the series to Life After Fire.
1:06.9	Unbeknownst to us, there was another creator named Justin who had started a blog with the same name.
1:12.1	So if you are interested in following his story, please go check him out at Living a Phi Life and he spells Phi F-I-G-H.
1:20.6	Like hi, but with an F.
1:22.1	Thank you so much for joining us today, Tay Kim.
1:24.8	How are you doing today?
1:25.7	I'm well.
1:26.2	Thank you guys for having me.
1:27.2	I want to jump right into it and get a little bit of an overview of your story. What was your
1:33.6	profession before you retired and how long did it take you to reach retirement once you
	...

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