BiggerPockets Money24 Jan 2025

The One Thing Most FIRE Chasers Get Wrong (and Later Regret in Retirement)

Why do so many in early retirement struggle with happiness? We know you’ve told yourself, “Once I hit FIRE, I’ll be living the dream! Every day will be like a vacation.” This is what Mindy was telling herself for years before becoming financially independent, and once she hit her goal, she realized life’s same problems still exist. If you’re FI already, this may sound familiar. So, how do you enjoy the path to early retirement so that when you reach your financial goal, the party doesn’t stop?

Jordan Grumet, AKA Doc G, practiced full-time medicine for years but wasn’t completely satisfied, even with financial success. After reflecting on his “purpose,” he found that hospice medicine brought him true fulfillment. Through conversations with patients on their deathbeds, Jordan uncovered a common thread: most regrets stemmed from not living a purposeful life, regardless of financial achievement.

In his new book, The Purpose Code, Jordan walks you through exercises that uncover your view on purpose, success, financial freedom, and what it means to truly “win” in life. His goal? Make sure you enjoy every day on the path to financial freedom so that when you get there, you know exactly how to live the life you love. If you want to reach FIRE happy, less stressed, and full of energy to live your early retirement life, we’ve got what the doctor ordered.

In This Episode We Cover

Why even the wealthiest people in the world are still so unhappy (and what they’re missing)

Why money is NOT the only tool you can use to find lifelong happiness

The four “anchors” you can use to find your life’s purpose before it’s too late

How to enjoy the path to financial freedom without burning out or pushing through unhappiness

The number one thing in life that leads to humans being happy (it’s completely free)

And So Much More!

Links from the Show

Mindy on BiggerPockets

Scott on BiggerPockets

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Email Mindy: Mindy@biggerpockets.com

Email Scott: Scott@biggerpockets.com

BiggerPockets Money Facebook Group

Jordan’s Website

Land More Off-Market Deals with Crucial Property Owner Contact Information from DealMachine

Buy “The Purpose Code”

Find an Investor-Friendly Agent in Your Area

The “Deathbed Toolkit” That Makes Building Wealth Much More Enjoyable w/Doc G

(00:00) Intro

(04:39) The Comparison Trap

(06:38) You're Getting "Purpose" Wrong

(10:16) How to Start Enjoying Life

(14:07) The Reason So Many Aren't Happy

(23:30) The Huge Impact of "Little" Purpose

(29:10) Purpose Exercises

(30:52) Finding Your Community

(33:54) Connect with Jordan!

(34:27) Find Purpose BEFORE FI!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-601

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