My Fat FIRE number is $3.7 Million. I want to share my 2023 investment strategies for my TSP, Traditional IRA, Roth IRA, HSA, and the two taxable brokerage accounts.
🤳 Psy on TikTok, Facebook, Instagram 🤳
📖 Get Your Free Financial Spreadsheets and Resources 📖
➡️
👨🏫 Free Financial Coaching 👩🏫
Schedule a free 20-minute Individual Coaching Session
Schedule a free 30-minute Couple’s Coaching Session
➡️
📧 Email: hello@firepsychat.com
📖 What’s on my display shelf? 📖
➡️
For sponsorships and business inquiries
➡️ media@firepsychat.com
📷 Additional FIRE Videos Mentioned In this Video 📷
Our $3.7 Mil Fat FIRE Plan –
How We’re Saving 70% of Income (2023) –
My $1.1 Mil Fat FIRE Progress (Sep 2022) –
How to Become an Ordinary Millionaire –
How to Start F.I.R.E –
The Ultimate F.I.R.E Guide –
How to Invest in an HSA –
Become a TSP Millionaire –
Financial Independence Calculator –
⏰ Table of Contents ⏰
0:00 2023 Fat FIRE Strategy
1:38 TSP Investment Strategy
3:46 IRA Investment Strategy
7:16 HSA Investment Strategy
7:51 Dividend Investment Strategy
10:10 Growth Investment Strategy
#FIREPsyChat #FinancialIndependence #FatFIRE
🎵 Music and Sound Effects Provided by Epidemic Sound 🎵
Disclaimer: I am not a financial advisor. I am solely sharing my personal experience and opinions. All Strategies, tips, suggestions, and recommendations shared are solely for entertainment and educational purposes only. There are financial risks associated with investing. You must conduct your own research and due diligence, or seek the advice of a licensed advisor if necessary.
Affiliate Disclosure: Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinions and comparisons….(read more)
LEARN MORE ABOUT: IRA Accounts
TRANSFER IRA TO GOLD: Gold IRA Account
TRANSFER IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
Do you need help with your personal finances? Schedule a free 20-minute financial coaching session by visiting https://www.firepsychat.com/coaching.
Great video! I’m kinda confused how are you investing $866 into a Roth IRA? I’m a fed employee too… maybe I missed something?
awesome tips sir….
Great vid, thank you for sharing. I am in my 50’s so my time horizon is about 5 more years. In my opinion our 401k accounts balances are over leveraged and will impact retirement taxes at some point. We will do another back door Roth conversion this year and when we retire keep converting as it makes sense. My accnt is currently down over 200K. So, I am not sure how you will get the growth of 1.1 to 1.5m this year? We are now concentrating on growing our Roth 401k’s and Roth IRAs. In the process, I am also building out dividend payers and reits in both Roths and Qualified div payers in my brokerage accnt. Very similar as it appears you are doing. It takes planning to build out these account in a tax efficient income producing manner.
Great content as always! So, one question, exactly how far from retirement are you moving all TSP funds into C for stability? I currently have C (50%) and S (50%). I like the idea and understand it, just curious about your thoughts on the time frames.
Great stuff. Wife and I are currently Coast FI but staying the course to Fat FI. What’s your rationale for putting your TSP contributions into the Roth account opposed to taking the pre-tax deductions now and doing a Roth conversion ladder into a Roth IRA when your income is lower in retirement?
Love your videos! Can't wait for a big 2023! Goal for this year is to reach 150k net worth 🙂
Nice video, please tell me you are selling covered calls on those $pypl shares for extra income.