You’ve hit financial independence—now what? How do you actually start spending the money you’ve spent years accumulating? Bill Yount reached FI at 60 after a 10-year journey, and he’s figured out the answer.
Bill shares his complete decumulation strategy—the detailed plan he built with a flat-fee financial advisor to transition from wealth building to wealth preservation. This isn’t just theory; Bill is actively living this plan and stress-testing it in real time.
This Episode Covers:
- Bill achieving financial independence at age 60
- The psychological shift from saving to spending after a decade of accumulation
- How to build a comprehensive drawdown plan (and why Bill hired help)
- Working with a flat-fee financial advisor vs. AUM advisors
- Portfolio rebalancing when transitioning to retirement
- Risk parity strategy and how it fits into retirement portfolios
- Stress-testing your financial plan: running scenarios to ensure you won’t run out
- Social security timing decisions and optimization
- Retirement withdrawal strategies: the 4% rule and alternatives
- How much to actually spend in early retirement
- Helping your kids build wealth without jeopardizing your own retirement
- Financial independence for late starters: proof it’s not too late after 50
- Managing the emotional transition from accumulation to distribution phase
- Investment strategy changes in decumulation
If you’re approaching FI, already there and uncertain about spending, or starting your FIRE journey later in life, Bill’s practical, well-planned approach shows you exactly how to transition from building wealth to confidently living off it.
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Website: https://catchinguptofi.com/
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