The New FIRE? Why Time Freedom Beats Early Retirement

Описание: Episode #719
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Connect with Brian Herriot
Website: https://timefreedom.life/
Buy Brian’s New Book ‘Time Freedom’: https://timefreedom.life/book/
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What if financial independence isn’t about retiring early — but about controlling your time right now?

In this episode of the BiggerPockets Money Podcast, hosts Mindy Jensen and Scott Trench sit down with Brian Herriot — millionaire in his 40s, now managing a $3 million portfolio, and author of Time Freedom — to talk about redefining what financial independence really means.

Brian shares how he built wealth, why he shifted his focus from net worth to time control, and how entrepreneurship, investing, and spending habits all play a role in designing a life you don’t want to escape from.

They dive into:
~ The mindset shift from “early retirement” to “time freedom”
~ How Brian grew from $1M to a $3M portfolio
~ The life events that reshaped his financial goals
~ Why flexible work can accelerate financial independence
~ The connection between entrepreneurship and freedom
~ Investing strategies that align with your life vision
~ The overlooked importance of relationships in business
~ Health insurance, risk management, and real-world FIRE challenges
~ Work-life balance and building a sustainable version of success

If you’re pursuing FIRE, building wealth, or questioning whether early retirement is actually the goal — this conversation will challenge how you think about money.

00:00 Redefining Financial Independence
03:04 Brian's Financial Journey and Early Lessons
05:55 The Impact of Life Events on Financial Perspectives
09:07 The Concept of Time Freedom vs. Traditional Retirement
11:57 Flexible Work and Financial Independence
15:08 The Importance of Defining Early Retirement
17:50 The Role of Time Freedom in Business and Investment
20:48 Coast Fire and the Evolution of Financial Goals
27:18 Rethinking Retirement Savings
30:51 The Transition to Entrepreneurship
36:50 Navigating Income and Expenses
39:04 The Importance of Health Insurance
43:35 Understanding Financial Independence
51:07 Connect with Brian!