The Financial Samurai Podcast

My wife and I talk about how shockingly low the median 401(k) balances are by generation. We also discuss why we think this is the case and why there is likely no retirement crisis in America.  Financial Samurai Posts: 401(k) Balances By Generation How To Calculate the Value Of Your Pension The 60-Day Rollover Rule The Right Ratio Between Income And Distribution Recommendations Diversify into real estate more strategically and passively with Fundrise. Fundrise manages over $3.3 billion, mostly in residential and industrial real estate in the Sunbelt. The spreading out of America is going to be a multi-decade trend. FS is an investor and affiliate partner of Fundrise.  Sign up for Empower, the best free online financial tool to manage your 401(k). With Empower, you can x-ray your 401(k) portfolio for excessive fees, track your net worth, and better plan for your retirement. I've been using Empower to track my net worth since 2012. The more you can stay on top of your finances, the better you can optimize your

I speak to Srinivas Rao host and founder of The Unmistakable Creative Podcast, where he has interviewed over 1,000 thought leaders, entrepreneurs, and creatives. He is also the creator of the Maximize Your Output course, which helps individuals optimize their workflow and productivity. Srinivas is passionate about helping others achieve their creative goals and has authored several books, including the Wall Street Journal bestseller, "The Art of Being Unmistakable."     Podcast The Unmistakable Creative Podcast   Books An Audience of One: Reclaiming Creativity for It's Own Sake Unmistakable: Why Only is Better Than Best   Free Resources Maximize Your Output Youtube Channel- Knowledge Management Tutorials The Ultimate Guide to building a Second Brain With Mem How to Take Smart Notes E-Course   Course Maximize Your Output with Mem Subscribe To Financial Samurai Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediat

Buying a home with contingencies is rare during housing bull markets. But as higher mortgage rates dampen investor demand, being able to put in contingencies before buying a home is now more possible. Let me share with you why buying a home with contingencies can make you lots of money. It will also make you feel better in the process! Relevant posts:  Buying A Home With Contingencies Is Like Getting A Free Call Option How To Invest Your Down Payment If You Are Planning To Buy A Home Real Estate Recommendation Check out Fundrise, a premier private real estate platform if you want to invest in real estate passively. Fundrise mainly invests in residential and industrial properties in the Sunbelt, where yields are higher and valuations are lower. Subscribe To Financial Samurai Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.  If you enjoy this episode, please share, rate, and subscribe. It

In this episode, I speak to Chad Carson about his new book, The Small And Mighty Real Estate Investor. Chad played linebacker for Clemson University and decided to dive deep into real estate as a career. To buy the book, click here (BiggerPockets) or above and use the discount count SAMURAI to save 10%. It's an incredibly thorough book if you ever wanted to start building your real estate empire.  You can also buy the book on Amazon if you missed the initial promotion on Biggerpockets in the link above. Keep In Touch With Financial Samurai Join 60,000+ others and subscribe to my free weekly newsletter. This way you always stay on top of the most important events in the stock market, real estate market, and everything personal finance.  To invest in real estate more strategically and passively, check out Fundrise. Fundrise manages over $5 billion, mostly in residential and industrial real estate in the Sunbelt. The spreading out of America is going to be a multi-decade trend. 

I speak to Charlie Albright about his journey from being a pianist since three-and-a-half, to graduating Harvard and Juliard, to playing at some of the biggest venues in the world as a concert pianist.  Please visit his website https://www.charliealbright.com to connect, learn, and book. I saw Charlie perform live and it was a magical experience. Charlie also was kind enough to record an amazing improvision of a lullaby I wrote called, Cutie Baby. You can hear my version and his piano version. https://www.financialsamurai.com/cutie-baby-a-samurai-lullaby/ Finally, Charlie provided his thoughts on creativity and how to be more creative in my post, How To Be More Creative. https://www.financialsamurai.com/how-to-be-more-creative/ Subscribe To Financial Samurai Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.  If you enjoyed this podcast, I'd appreciate a great review and a share with your

I speak to Peter Atwater, author of The Confidence Map about understanding the role of emotions in decision making. Peter is also an adjunct professor at William & Mary, where we both are alumni.  By plotting our experiences across four boxes, we can gain powerful insight into our decision-making process: Stress Center = low control/low certainty Comfort Zone = high control/high certainty Launch Pad = high control/low certainty Passenger Seat= low control/high certainty Subscribe To Financial Samurai Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.  If you enjoy this episode, please share, rate, and subscribe. It helps the FS podcast grow!

With the tragic fire that occurred in Lahaina, Maui, it's important to review your home insurance policy and understand what it does and does not cover. You also need to have contingency plans in case your house burns down. If you have not done so already, call your home insurance company to review your coverage details. You don't want to be caught underinsured in case the worst happens. Relevant FS post: What's In A Home Insurance Policy? Things You Need To Know Recommendations If you're looking for a home insurance policy, check out Policygenius, the one stop marketplace for home insurance and other insurance needs. Instead of apply to individual insurance carriers one-by-one, apply for a home insurance policy on Policygenius and get multiple insurance offers. Then choose the best one that's right for you. For more nuanced personal finance content, join 60,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned perso

I talk to a long-time Financial Samurai reader, Anahad O'Connor from The Washington Post. Anahad worked at The New York Times for 20 years until moving over to The Washington Post in 2022 to cover health and wellness for its Well+Being segment.   Related Posts: The Pandemic Was An Experience In Hedging Your Life Why Blogging Is The Best Business In The World Subscribe To Financial Samurai Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.  If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

I catch up with my wife, Sydney, about her trip to Japan. This is the first time she has been away from both kids since our son was born. I also share some realizations about marriage, relationships, parenting, expectations, and self-belief. Related posts: When Life Gives You Trouble, Remember The Navy SEALS Term: Full Benefit The Secret To Your Success: 10+ Years Of Unwavering Commitment A Parent's Guide To Traveling With Kids When Is The Right Time To Travel Abroad With Kids? Subscribe To Financial Samurai Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.  If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

I speak to Liz Tran about her new book, The Karma Of Success: Spiritual Strategies To Free Your Inner Genius, as well as her journey from a difficult household, to venture capital, to entrepreneur.  We discuss some of the various problems startup founders and CEOs face, the attributes they have to make them a success, what success means, and the difficulties of having a career and raising a family in a big city like New York. You can find Liz Tran and Reset, her executive coaching business here. You can also find her website at Liz-Tran.com and her podcast here.  Subscribe To Financial Samurai Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.  If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. Use the code "saveten" to save $10 at checkout.  If you enjoyed this podcast, I'd a

I speak to Fundrise Co-Founder and CEO, Ben Miller, about his outlook for real estate, where he sees opportunity, and when to be careful regarding an impending recession. We go deep into subjects around inflation, mortgage rates, big picture trends, and investment opportunities on the credit side. One of the main reasons why I like Fundrise is due to Ben Miller's cautious nature about business and investments. As a steward of capital, I want the steward to look out for landmines everywhere.  If you'd like to invest in the Income Fund and explore other investment opportunities, you can sign up with Fundrise here.  If you enjoy this episode, please share, rate, and subscribe. It helps the FS podcast grow! Subscribe To Financial Samurai Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.   

I talk to my wife about her losing her passport only a couple of months before her trip to Japan and how she solved her problem with some ingenuity. We then talk about the awesomeness of gig work and how to change our attitude when bad things happen with the term Full Benefit.  Related post: When In Trouble, Remember The Term FULL BENEFIT! 20 Best Side Hustle Ideas To Make Extra Money Spoiled Or Clueless? Try Working A Minimum Wage Job  Subscribe To Financial Samurai Pick up a copy of How To Engineer Your Layoff. It will teach you how to negotiate a severance package so you can spend more time with your children or do what you want. Use the code “saveten” at checkout to save $10. Join 60,000+ others and subscribe to my free weekly newsletter. This way you always stay on top of the most important events in the stock market, real estate market, and everything personal finance.  You can also subscribe to my post e-mail list and get notified via e-mail every time I publish a new post. 

I speak to Dan Andrews, one of the OGs of the digital nomad movement. He started his site, The Tropical MBA (https://tropicalmba.com) in 2009 and has lived in Asian and Europe while running his business.  Dan also runs The Tropical MBA podcast where he talks about running 7-figure lifestyle businesses.  Subscribe To Financial Samurai Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.  If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. Use the code "saveten" to save $10 at checkout.  If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

In this episode, I talk to Simone Stolzoff about his new book, The Good Enough Job. We talk about how to find more meaning and purpose through our jobs and how we can lead more balanced lives. We also discuss Simone's own background and how he plans to balance being a freelancer with living in an expensive city. Simone is a fellow Portfolio Penguin author.  Subscribe To Financial Samurai Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.  If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. Use the code "saveten" to save $10 at checkout.  If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!  

My interview with Dr. John Durante from The College Admissions Process Podcast. John is also the Principal of Syosset High School in Long Island, New York.  Alphabetical List of Episodes with Podcast link to the right of each school:   https://docs.google.com/document/d/17smCKRwNBUuTRXZxxT4J3FJpfjie7TXeLreLBxrI-ZI/edit John's email for any follow up questions: collegeadmissionstalk@gmail.com Just in case, CLICK HERE for the link to his social media pages.   Subscribe To Financial Samurai Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.  If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. Use the code "saveten" to save $10 at checkout.  If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

On June 29, 2023, in a 6-3 decision written by Chief Justice John Roberts, the court held that the policies violated the equal protection clause of the 14th Amendment. Let's talk about the implications, whether affirmative action is fair, some potentially better affirmative action policies, and what parents can do to help their children succeed. Posts to read: An Asian-American's View On Affirmative Action In College Admissions The Joy Of Low Expectations: When Nobody Believes In You Connect With Financial Samurai Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.  If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. Use the code "saveten" to save $10 at checkout.  If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

To invest in real estate. take a look at Fundrise, my favorite private real estate platform. Fundrise has funds that invest primarily in single-family and multi-family properties in the Sunbelt.  Get custom mortgage rate quotes with Credible, where lenders compete for your business.  For more nuanced personal finance content, join 60,000+ others and sign up for the free Financial Samurai newsletter. This way, you never miss a thing.  Episode Overview In generally, paying off debt is a good thing. However, paying off your mortgage early may not bring you the joy you hope. Let me share some circumstances where paying off your mortgage won't help you much at all.  Posts to read: Paying Off Your Mortgage Won't Bring The Joy You Expect The Triple Benefit Of Paying Off Your Mortgage Early

I interview Jamie Fiore Higgins, author of Bully Market: My Story Of Money and Misogyny at Goldman Sachs. The book is a page-turner, and truly one of the most entertaining books I've read since reading The DaVinci Code. You've got to pick it up! Learn how Jamie rose to the ranks of Managing Director and why she left millions behind four years after making MD. We also discuss raising a family in the NY Metropolitan area and life after corporate America.  Subscribe To Financial Samurai Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.  If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!

My wife and I have a discussion about why we should upgrade homes or not. She's happy with where we are and doesn't want to move. I, on the other hand, see opportunity! Posts mentioned: 10 Warning Signs To Know Before Buying A Home The Risks Of Upgrading Homes Nobody Really Thinks About Early Retirement And Minimalism Go Together Perfectly Recommendations Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.  If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. Use the code "saveten" to save $10 at checkout.  To invest in real estate. take a look at Fundrise, my favorite private real estate platform. Fundrise has funds that invest primarily in single-family and multi-family properties in the Sunbelt.  If you enjoyed this podcast, I'd appreciate a great review and a share with your

I speak with Andre Nader about big tech salaries, getting a job at a FAANG company like Facebook, Apple, Amazon, Netflix, and Google, FIRE, navigating life in an expensive city with a child, the psychology of retiring early, and what's next after Facebook. Subscribe to Andre's FAANG FIRE newsletter here. He focuses on financial independence for tech workers.  Keep in Touch With Financial Samurai Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.  If you want to leave your day job, learn how to negotiate a severance with my bestselling ebook, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. Use the code "saveten" to save $10 at checkout.  If you enjoyed this podcast, I'd appreciate a great review and a share with your friends!