The One Thing Most FIRE Chasers Get Wrong (and Later Regret) | Bigger Pockets Video

Episode #601

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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.

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!