Invest Retirement

HerMoney Podcast: One Woman’s Journey To Financial Independence (Episode 146)

Kelly Hultgren  |  January 30, 2019

Building on last week’s episode on the FIRE movement, this week we sit down with Jamila Souffrant, creator of the blog and podcast, Journey To Launch, in which she chronicles her and her family’s experience toward financial independence.

“For most people who hear about FIRE movement it seems overwhelming,” says Jamila. “I like to modify it and say it [financial independence] can mean anything you want it to mean. In my case, it meant I wanted to retire from my corporate job to do work I love.” Jamila is candid on how she and her husband increased their savings rate, modified their investments and managed their accounts together to make this happen. In fact, we all might want to take a lesson in financial togetherness (and respect) from this couple.

In Mailbag, we answer your questions on maxing out 401(k)s without compromising your short-term goals, protecting your finances when buying property with a future spouse and funding HSAs. And Jamila’s story has us wondering: Do you feel engaged in what you’re doing at work? If not, we discuss new research that can help in Thrive.

This podcast is proudly supported by Fidelity Investments. Join the Fidelity® Women Talk Money pop-up for access to virtual live events in March, with guests including Jean Chatzky. You'll also get weekly action steps for a healthier financial future. Get started at Brokerage Services LLC Member NYSE, SIPC.

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