Shows
Mark's Money MindFinancial Literacy Miniseries - Part 6 | Episode 060Understanding Income Taxes & Key Financial Lessons on a Simple Index Card
In the concluding episode of the six-part Financial Literacy Miniseries, the focus is on income taxes and summarizing the miniseries on an index card.
The episode begins with an overview of the W-4 form, explaining its purpose for determining withholding for federal and state taxes. Mark further discusses various tax forms one might receive, such as W-2, 1099, and others, detailing what each form reports and their relevance for filing tax returns.
Additionally, the episode covers basic tax filing requirements, how tax brackets wo...
2025-12-1726 minMark's Money MindFinancial Literacy Miniseries - Part 5 | Episode 059Protecting Yourself from Financial Loss: Insurance, Identity Theft, and Fraud Prevention
In part five of the financial literacy miniseries, Mark delves into strategies for protecting oneself from financial loss through insurance, identity theft prevention, and fraud avoidance.
Mark covers the four primary risk management techniques: risk avoidance, risk reduction, risk retention, and risk transfer. He discusses various types of insurance, including health, homeowners, renters, auto, and life insurance, outlining their importance and the details of how they function.
Additionally, Mark provides strategies to protect against identity theft and common fraud schemes, emphasizing vigilance in...
2025-12-1236 minMark's Money MindFinancial Literacy Miniseries - Part 4 | Episode 058The Power of Compounding and Understanding Credit Reports and Credit Scores
In this episode, host Mark Trautman explores the topics of compounding, credit reports and credit scores. He begins with an engaging riddle that demonstrates the astonishing impact of compounding to illustrate its significance. Then using historical data and examples, Mark explains how starting early with investments can result in significant financial growth over time.
Mark then transitions to the second segment, where he breaks down the intricacies of credit reports and scores. He discusses what factors influence credit scores, the importance of maintaining a g...
2025-12-0633 minMark's Money MindFinancial Literacy Miniseries - Part 3 | Episode 057Understanding Liabilities and Calculating Net Worth
In this episode, Mark continues the financial literacy miniseries by focusing on liabilities and how to calculate net worth. He explains various short-term and long-term liabilities, including credit cards, student loans, auto loans, and home mortgages.
Mark emphasizes the importance of managing credit card debt and understanding the implications of student loans. Additionally, he discusses the structure of auto loans and mortgages and their impact on financial health.
The episode concludes with a step-by-step guide on calculating net worth.
Episode Links:
Mark’s Mone...
2025-12-0326 minMark's Money MindFinancial Literacy Miniseries - Part 2 | Episode 056Understanding Your Net Worth Statement: Assets Unveiled
In this episode Mark guides listeners through the asset side of the net worth statement. Building on the last episode's discussion on tracking income and expenses with a money journal, Mark explains the importance of categorizing assets into cash and cash equivalents, investments, and use assets.
He delves into the specifics of each category, offering practical advice on how to compile and assess these assets for your financial snapshot. From understanding different types of accounts to recognizing the value of personal property and investments, this episode serves as a...
2025-11-2927 minMark's Money MindFinancial Literacy Miniseries - Part 1 | Episode 055Kickstarting Financial Literacy: Tracking Income and Expenses
In this episode Mark introduces a special miniseries aimed at the high school seniors of Crested Butte Community School. Mark outlines his plan for making financial literacy accessible through podcast episodes that parallel his classroom lessons.
He delves into the key components of the first lesson: tracking income and expenses. Mark discusses setting up a ‘Money Journal,' understanding paychecks, categorizing expenses, and prioritizing savings. He emphasizes the importance of living within your means and avoiding 'lifestyle creep.'
Tune in to explore actionable steps towards fina...
2025-11-2627 minMark's Money MindAffordable Care Act Subsidy Changes for 2026 | Episode 054In this episode Mark delves into the intricacies of ACA subsidies and the significant changes expected in 2026, including the return of the subsidy cliff and increases in Expected Premium Contribution levels based on household Federal Poverty Level guidelines.
He also shares insights from the new book 'Tax Planning To and Through Early Retirement' by Cody Garrett, CFP and Sean Mullaney, CPA which challenges his current approach to Roth IRA conversions.
Mark also discusses his personal financial planning strategy for 2026 while offering listeners insight on how to navigate the evolving healthcare landscape.
The episode c...
2025-10-2927 minMark's Money MindFourth Quarter Income and Tax Planning | Episode 053In this episode Mark shares his personal approach to fourth quarter income and tax planning. He explains the benefit of using a one-page financial plan and discusses strategies for Roth IRA conversions, tax planning, handling required minimum distributions (RMDs), and navigating the Affordable Care Act's (ACA) advanced premium tax credits.
Mark provides detailed insights into social security benefits for survivors, including his own experience claiming benefits at age 60. He also touches on maintaining liquidity, setting up automatic monthly 'paychecks' from investment accounts, and the implications of income on Medicare insurance premiums.
This comprehensive episode is a...
2025-10-1443 minMark's Money MindIn Memory of My Niece Emily: Lessons of a FI-Minded Life of Fulfillment | Episode 052In this heartfelt episode, Mark dedicates this show to his late niece Emily, sharing valuable lessons from her life and how they align with the principles of Financial Independence (FI). Mark recounts Emily's prudent financial decisions, like investing early, living frugally, and finding joy in repurposing items.
He highlights her strategic choices in education, transportation, and home buying—all quintessential FI practices. Emily’s approach to financial independence emphasized enjoying life in the present while preparing for the future, providing a poignant example that motivates listeners to balance saving with life experiences.
This episode also unders...
2025-09-2020 minMark's Money MindLife Transitions - Live from CampFI RM Week 3 | Episode 051In this live recorded episode Mark and co-host Kevin Sebesta welcome a variety of guests from CampFI Rocky Mountain Week 3 in Colorado Springs.
The show begins with an engaging conversation with Scott, a physician assistant, and his daughter Zoe, who share their journey towards Financial Independence (FI) and the life experiences that shaped their financial decisions.
The episode also features Lauren, a former federal employee who discusses her career transition and personal growth journey. Key themes include the value of early financial education, the significance of sabbaticals, and the power of community in achieving financial go...
2025-07-3152 min
The Stacking Benjamins ShowClimbing the Wealth Ladder: Conquering Retirement Fears (with Mark Trautman) SB1713What if the scariest part of retirement isn’t running out of money—but losing your sense of identity? This week on The Stacking Benjamins Show, we tackle the fears that hold so many people back from financial independence and a joyful, purpose-filled retirement.
Joe Saul-Sehy and Doug are joined by an all-star panel of financial thinkers:
Mark Trautman (Mark’s Money Mind)
Paula Pant (Afford Anything)
Jesse Cramer (Personal Finance for Long-Term Investors)
Together, they unpack the emotional, practical, and strategic side of planning your next chapter—whether you're c...
2025-07-251h 03Mark's Money MindTax Insights with Sean Mullaney: Navigating Changes in the OBBBA | Episode 050In this episode Mark is joined by tax expert Sean Mullaney, CPA live from CampFI in Colorado Springs. They dive into the recent changes brought by the new tax legislation, the One Big Beautiful Bill Act (OBBBA), signed into law on July 4th.
Key topics include permanent tax rates, increased standard deductions, higher child tax credit, new personal exemptions for seniors, potential future tax adjustments, and expanded eligibility for HSA contributions under ACA plans.
They also discuss strategic tax planning for early retirees and Sean’s upcoming book on tax planning co-authored with Cody Garrett, CFP®...
2025-07-2436 minMark's Money MindF*I*R*E Works at CampFI Rocky Mountain | Episode 049In this episode of the Mark's Money Mind show, host Mark Trautman, along with co-host Kevin Sebesta, speak live from CampFI Rocky Mountain about various aspects of the Financial Independence / Retire Early (FIRE) journey.
They welcome guests from different stages of the FI process, including Alison, who is in the discovery stage, and Camille and Daryl, who are in the mindful middle of their journey. Additionally, Darren and Jolene, who have graduated past the FI finish line, discuss how they manage their finances post-retirement, specifically focusing on strategies like the 72T distribution.
The episode underscores th...
2025-07-141h 05Mark's Money MindMid-Year Financial Review - Strategies and Insights | Episode 048In this episode Mark shares his comprehensive approach to a semi-annual financial review. Covering essential personal finance practices, Mark outlines steps for calculating net worth, tracking spending, evaluating annual achievements against the one-page financial plan, and preparing for future financial goals.
Mark provides insights on Roth conversions, social security benefits, and his personal experiences with major expenses. Additionally, he discusses the importance of regular updates to estate planning documents and beneficiary designations.
This episode is a deep dive into detailed financial oversight practices aimed at maintaining and enhancing financial freedom.
Episode Links:
2025-07-0346 minMark's Money MindMajor Changes Coming to Credit Card Rewards Programs | Episode 047In this episode Mark discusses significant updates to the Capital One Venture X and Chase Sapphire Reserve credit cards, affecting lounge access, benefits and annual fees.
He elaborates on how these changes will impact frequent travelers, comparing the benefits and drawbacks of both cards, and considers whether to keep or cancel these cards in light of the updates.
He also touches upon potential changes coming to the American Express Platinum card and discusses how he may proceed in navigating these changes.
If you would like your question answered on the show, please send an...
2025-06-2145 minMark's Money MindAsset Allocation in Retirement | Episode 046In this episode Mark delves into his personal approach to post-retirement asset allocation, expanding on a discussion from his appearance on the BiggerPockets Money podcast. Mark shares his journey from a 100% equities portfolio during his accumulation years to his current 80% equity and 20% fixed income allocation.
He explains the rationale behind this transition, influenced by various strategies and personal research, while emphasizing the importance of understanding one's risk tolerance and risk capacity. Mark also explores the different components of his portfolio, including his preference for ETFs and the usage of short-term treasuries.
This episode aims to pr...
2025-06-0541 minMark's Money MindSetting the Next Generation up for Financial Freedom | Episode 045Mark shares insights on achieving financial independence and preparing the next generation for financial freedom. Returning from his trip to French Polynesia and Hawaii, Mark delves into strategies for setting up children and the next generation for financial success using Roth IRAs, 529 plans and custodial accounts.
He also answers a listener's question about whether to contribute to a Traditional 401k, Roth 401k or Roth IRA. The episode concludes with Mark reflecting on Warren Buffett's retirement and the power of compounding growth.
If you would like your question answered on the show, please send an email t...
2025-05-2443 minMark's Money MindNavigating Market Volatility Amid Uncertain Times | Episode 044In this episode Mark discusses recent market volatility triggered by the administration’s tariff implementation and subsequent policy reversal, detailing a sharp drop and rebound in stock values.
Mark explains bear markets and corrections, referencing historical data on market crashes included in a recent Morningstar article. Key insights from Warren Buffet and the late Charlie Munger emphasize staying rational and adhering to a well-defined investment policy.
Mark talks about possible strategies during market declines, such as rebalancing portfolios or considering Roth conversions, and stresses the importance of emotional control in long-term investing.
The episo...
2025-04-1137 min
BiggerPockets Money PodcastFIRE at 50 by Creating “FI Paychecks” That Fund My Early Retirement! | Life After FIREWould you delay your early retirement for years to feel safer and secure once you FIRE? That’s what Mark Trautman did, FIRE-ing before discovering the FIRE movement was even a thing. While he could have retired in his 40s, Mark pushed his retirement date to 50, retiring with a conservative withdrawal schedule that even beats the 4% rule. But, thanks to being invested throughout his retirement, Mark has blown past even his Fat FIRE dreams, spending what he wants, when he wants, without a worry!But it wasn’t the money that made Mark thankful for FIRE. Mark was...
2025-04-0241 minMark's Money MindStock Market Valuation | Episode 043In this episode Mark discusses the importance of understanding market valuation to navigate the current financial landscape. Mark explains the differences between being a shareholder and a bondholder and dives deep into the concept of the Price to Earnings (PE) ratio and its significance in evaluating stocks.
He explains how to calculate the PE ratio of the S&P 500 Index and compares it historically. Mark also introduces the cyclically adjusted PE ratio (CAPE ratio) to account for market fluctuations and discusses the Earnings Yield compared to the 10-year Treasury yield.
He provides insights into various va...
2025-04-0231 min
Mile High FI PodcastShould You Pay Off Your Mortgage Early – Mark Trautman | MHFI 261Doug and Mark Trautman discuss a listener question regarding whether it’s better to pay off a low-interest mortgage (2.5%) or invest the money instead. They explore various strategies, including the psychological benefits of paying off a mortgage, the financial returns of investing, and a hybrid approach to manage risks. They also delve into the historical behavior of the stock market and emphasize the importance of aligning investments with personal goals.
Follow the link for more details including the original listener question and Doug’s Gemini Calculations: https://milehighfi.com/should-you-pay-off-your-mortgage-early/
Do you like the podcast and wa...
2025-04-0150 min
Mile High FI PodcastShould You Pay Off Your Mortgage Early - Mark Trautman | MHFI 261Doug and Mark Trautman discuss a listener question regarding whether it’s better to pay off a low-interest mortgage (2.5%) or invest the money instead. They explore various strategies, including the psychological benefits of paying off a mortgage, the financial returns of investing, and a hybrid approach to manage risks. They also delve into the historical behavior of the stock market and emphasize the importance of aligning investments with personal goals.
Follow the link for more details including the original listener question and Doug’s Gemini Calculations: https://milehighfi.com/should-you-pay-off-your-mortgage-early/
Do you like the podcast and wa...
2025-04-0150 minMile High FI PodcastShould You Pay Off Your Mortgage Early – Mark Trautman | MHFI 261Doug and Mark Trautman discuss a listener question regarding whether it’s better to pay off a low-interest mortgage (2.5%) or invest the money instead. They explore various strategies, including the psychological benefits of paying off a mortgage, the financial returns of investing, and a hybrid approach to manage risks. They also delve into the historical behavior of the stock market and emphasize the importance of aligning investments with personal goals.
Follow the link for more details including the original listener question and Doug’s Gemini Calculations: https://milehighfi.com/should-you-pay-off-your-mortgage-early/
Do you like the podcast and wa...
2025-04-0150 minMile High FI PodcastDie With Zero (Non-Frugal) Spending - Mark Trautman | MHFI 260Doug chats with Mark Trautman about non-frugal habits and some recent “fancy” spending that both of them have indulged in. They delve into the concept of easing away from frugality, the ‘fun bucket’ for guilt-free spending, and psychological tricks to spend more comfortably while also touching upon practical tips for managing money and making thoughtful spending decisions.
Do you like the podcast and want to support the show? Follow the link to find out how: https://milehighfi.com/support/
Links
Connect with Mark:
Mark’s Money Mind website
Mark’s Money Mind podcast
Kristen Knapp, FI Frie...
2025-03-251h 03Mile High FI PodcastDie With Zero (Non-Frugal) Spending – Mark Trautman | MHFI 260Doug chats with Mark Trautman about non-frugal habits and some recent “fancy” spending that both of them have indulged in. They delve into the concept of easing away from frugality, the ‘fun bucket’ for guilt-free spending, and psychological tricks to spend more comfortably while also touching upon practical tips for managing money and making thoughtful spending decisions.
Do you like the podcast and want to support the show? Follow the link to find out how: https://milehighfi.com/support/
Links
Connect with Mark:
Mark’s Money Mind website
Mark’s Money Mind podcast
Kristen Knapp, FI Frie...
2025-03-251h 03Mile High FI PodcastDie With Zero (Non-Frugal) Spending – Mark Trautman | MHFI 260Doug chats with Mark Trautman about non-frugal habits and some recent “fancy” spending that both of them have indulged in. They delve into the concept of easing away from frugality, the ‘fun bucket’ for guilt-free spending, and psychological tricks to spend more comfortably while also touching upon practical tips for managing money and making thoughtful spending decisions.
Do you like the podcast and want to support the show? Follow the link to find out how: https://milehighfi.com/support/
Links
Connect with Mark:
Mark’s Money Mind website
Mark’s Money Mind podcast
Kristen Knapp, FI Frie...
2025-03-251h 03Mark's Money MindQ&A: Should I Pay Off My Low-Interest Mortgage? | Episode 042In this episode Mark discusses the pros and cons of paying off a low-interest mortgage with Doug Cunnington from the Mile High FI podcast. They address a listener's question about whether to pay off a 2.5% mortgage or invest the money elsewhere.
The discussion includes various approaches, potential returns, and risk mitigation strategies. Mark and Doug also delve into scenarios related to market volatility, financial flexibility, and the psychological impact of mortgage debt.
If you would like your question answered on the show, please send an email to Mark@MarksMoneyMind.com and put “podcast question” in the su...
2025-03-2543 min
Baked-In with Josh AllenEpisode 84: Susan Trautman | Great Rivers GreenwayOn this week’s episode presented by Busey Bank, I’m thrilled to be joined by Susan Trautman, the retiring CEO of Great Rivers Greenway, an organization that has transformed the St. Louis region over the past 25 years. During her 15 years as CEO, Susan has been a driving force in connecting communities, fostering collaboration, and creating lasting green spaces that have reshaped the region’s landscape. We’ll dive into her leadership journey, exploring how she’s built a culture of innovation, stayed true to her values, and overcome obstacles to leave an indelible mark on both her organization and the co...
2025-03-2142 minMark's Money Mind2024 Fun Bucket Spending Recap with Doug Cunnington | Episode 041In this episode, Mark co-hosts an episode of the Mile High FI podcast with Doug Cunnington where they explore the concept of loosening the purse strings in 2024. Recorded at Doug Cunnington's Basement Studio in Longmont, Colorado, the conversation delves into overcoming frugal habits within the financial independence community.
They discuss personal experiences, like Doug's indulgence in guitars, e-bikes, and travel as well as Mark's big-ticket purchases including cruises, a new car and house.
The episode offers insight into balancing financial prudence with enjoying the fruits of financial success, featuring practical tips and personal anecdotes to in...
2025-03-1856 minMark's Money MindRely on Your Investment Policy Statement During Rocky Markets | Episode 040In this episode Mark discusses the crucial role of an Investment Policy Statement (IPS) in guiding investment decisions and maintaining a long-term perspective during market volatility.
He references a detailed article from the Bogleheads and explains the benefits of an IPS, including setting investment goals, asset allocation, risk tolerance, and rebalancing strategies. Mark also shares his personal Investment Policy Statement and emphasizes the importance of creating and adjusting it during calm market periods.
Listeners are encouraged to create or refine their IPS to achieve financial success.
If you would like your question answered on...
2025-03-1127 minMark's Money MindNew Year Financial Planning | Episode 039In this episode Mark shares his approach to starting the new year with a solid personal financial plan. He covers how to reflect on the past year's financial activities, organize income and expenses, and prepare a comprehensive one-page financial plan for the upcoming year.
Topics include tracking income and expenses, calculating net worth, preparing for tax season, optimizing health insurance subsidies, and setting savings goals. Mark offers practical tips and tools for both retirees and those still earning income, emphasizing the importance of aligning spending with personal values and automating savings.
If you would like y...
2025-01-1340 minMark's Money MindLive from the FI Freedom Retreat in Bali | Episode 038In this episode of Mark's Money Mind, host Mark Trautman broadcasts from the FI Freedom Retreat in Bali co-hosting this ChooseFI podcast with Brad Barrett. They share their personal journeys and interview participants about their financial independence experiences.
Mark and Brad discuss the challenges and triumphs of the FI community. Special guests like Sean discuss negotiating sabbaticals, Christine talks about managing a business from afar, and Susanna shares her journey to early retirement.
The episode emphasizes the power of community, personal growth, and the transformative impact of attending FI events.
If you would li...
2025-01-0453 min
Forget About Money🤦♀️ "Die With Zero": Millionaires Only, Please! 🤷♂️⚠️ In this episode, we break down Die With Zero by Bill Perkins, exploring its bold advice to spend rather than save. Is it a life-changing philosophy or a steamroom chat among the elite? We critique its core concepts, discuss why it might harm the average person’s finances, and suggest practical alternatives for living a meaningful life. Watch and Subscribe on YouTube💎 Whether you’re curious about memory dividends, time bucketing, or how Die With Zero contrasts with financial independence principles, this episode offers an honest, fun, and critical analysis. In this episode, we discuss:
2024-12-1342 minMark's Money MindGiving Thanks by Helping Others | Episode 037In this heartfelt episode Mark broadcasts from the Bass Strait off the coast of Australia delving into reflections on life's ups and downs while sailing the rough seas. Mark shares his personal Thanksgiving reflections and discusses the importance of gratitude and giving back.
Highlighting the efforts of the PKP Community Center for disadvantaged women and children in Indonesia, he explores ways to make impactful donations. Mark also shares personal anecdotes from his travels, including a meaningful penguin parade on Phillip Island.
The episode encourages listeners to reflect on their own lives and consider ways to co...
2024-12-0317 minMark's Money MindNavigating Job Loss: Essential Tips | Episode 036In this episode Mark broadcasts from the cruise ship Silver Nova off the coast of Australia.
Mark addresses the critical steps to take if you or someone you know is laid off. Topics include understanding severance packages, health insurance options like COBRA, applying for unemployment benefits, managing emergency funds, consolidating retirement accounts, and reassessing financial priorities.
Mark emphasizes focusing on controllable aspects and maintaining a positive outlook during such transitional periods.
If you would like your question answered on the show, please send an email to Mark@MarksMoneyMind.com and put “podcast question” in the...
2024-11-2017 minMark's Money MindInsights from FI Freedom Retreat with Alan & Katie Donegan and Rachel Richards | Episode 035This episode takes place at the FI Freedom Retreat in Bali, Indonesia. Speakers Alan & Katie Donegan and Rachel Richards (Money Honey Rachel) share insights aligning personal identity with life vision.
Discussions include the impact of self-perception on achieving goals, the benefits of financial freedom during life's challenges, and practical exercises to align one's identity with desired life outcomes.
The episode encourages listeners to explore their identity, envision their ideal futures, and seek personal growth for a fulfilling financially independent life.
If you would like your question answered on the show, please send an em...
2024-11-0939 minMark's Money MindFrom Colorado to Bali: Travel and Money Tips | Episode 034In this week's episode Mark broadcasts from Bali, Indonesia, sharing his travel experiences and providing a comprehensive guide on organizing international trips both financially and logistically.
He discusses using platforms like Booking.com for lodgings, redeeming points for flights and accommodations, and the benefits of eSIMs for cell phone usage. Mark also covers the importance of VPNs, Apple Pay for secure transactions, forwarding calls to Google Voice, and effective methods to manage jet lag using the Timeshifter app.
Whether you're planning a trip to Indonesia or any international destination, Mark's insights on travel tips and fi...
2024-10-3026 minMark's Money MindEstate Planning Insights and Listener Question | Episode 033In this episode Mark broadcasts one last time from Crested Butte, Colorado, before embarking on a two-month journey to Bali, Singapore, Australia, and New Zealand. This episode focuses on essential aspects of estate planning, such as the importance of wills, powers of attorney, healthcare directives and possibly a trust.
Mark shares personal experiences, including updating his estate plan after significant life events, and offers valuable insights into managing estates and guardianship. Real-life examples highlight the severe consequences of inadequate estate planning.
Additionally, Mark answers a listener question regarding calculating savings rates.
Episode Links:...
2024-10-2333 minMark's Money MindThe Fun Bucket: Transforming Savings into Enjoyment in Retirement | Episode 032In this episode of Mark dives into the ‘Fun Bucket' strategy with Kevin Sebesta, exploring how retirees can transition from a saving to a spending mindset. Originally discussed on the Forget About Money podcast hosted by David Baughier, the concept involves allocating funds specifically for enjoyable activities to facilitate guilt-free spending.
The episode covers practical steps to implement the Fun Bucket, balancing financial security with personal enjoyment, and the long-term benefits of investing in experiences that create lasting memories. Discussions include managing retirement assets, planning for different life stages, and navigating generational wealth.
Listeners receive valu...
2024-10-1654 minMark's Money MindEducating the Next Generation to Achieve Financial Freedom | Episode 031In this episode Mark responds to a listener's email about how to teach financial literacy to high school students and children. Mark emphasizes the importance of simplifying finance concepts, highlighting his motto: 'Make Some, Save and Invest, Live on the Rest.'
He recounts personal stories to illustrate industriousness, saving, investing, and conscious spending as vital components of financial freedom. He also encourages involving children in financial conversations and shares recommended reading for financial literacy.
If you would like your question answered on the show, please send an email to Mark@MarksMoneyMind.com and put “pod...
2024-10-1133 minMark's Money MindExploring Secure Retirement Income and Strategies with Kevin Sebesta | Episode 030In this episode, Mark and special guest Kevin Sebesta discuss retirement planning strategies after attending a Rock Retirement Club event in Grapevine, Texas.
The discussion emphasizes the concept of secure retirement income as an alternative to the 4% rule commonly discussed in the FI/RE (Financial Independence/Retire Early) community.
Key topics include the importance of secure income sources like social security, pensions, and annuities to cover essential retirement costs, the nuances between different retirement strategies such as total return portfolios and guardrails, and the personal decision-making process around when to claim social security.
The...
2024-10-0540 minMark's Money MindInterest Rate Cuts & The Yield Curve | Episode 029In this episode Mark delves into the recent decision by the Federal Reserve to lower interest rates by 50 basis points. Mark discusses the broader implications these changes could have on the economy, inflation, and various interest rates.
From the complexities of the yield curve to what it means for savings accounts and mortgage rates, Mark offers a comprehensive breakdown to help listeners understand these financial dynamics.
If you would like your question answered on the show, please send an email to Mark@MarksMoneyMind.com and put “podcast question” in the subject line.
Episode Links...
2024-09-2522 minMark's Money MindWhat’s On My Mind: Travel, Moving & Taxes? | Episode 028Mark hosts this week’s episode from Crested Butte, Colorado, discussing his recent travels, moving preparations, and the intricacies of tax planning.
After a brief hiatus due to a European trip, Mark shares personal stories and financial wisdom, touching on the importance of annual tax planning, the complexities of selling a home, and strategies to optimize tax deductions and avoiding estimated tax penalties.
He also offers a glimpse into his upcoming travels and the potential impact on future episode releases.
If you would like your question answered on the show, please send an emai...
2024-09-1134 min
Forget About Money🏖️ Fun Bucket 101: How to Spend Guilt-Free in Retirement! | Mark Trautman & Kevin Sebesta 🚙Subscribe and Watch on YouTube🪅 The Fun Bucket is a transformative strategy to help retirees shift from a saving to a spending mindset, enabling guilt-free enjoyment of retirement. 📈 In this episode, Kevin Sebesta, creator of the Life in FIRE blog, and Mark Trautman, a seasoned voice in the FI community, share how the Fun Bucket can enhance your retirement by balancing financial security with intentional spending. In this episode, we discuss: 1️⃣ What is a Fun Bucket?: Kevin and Mark explain the concept and its importance in retirement planning. 2️⃣ Shifting from Frugality to...
2024-09-0652 minMark's Money MindCompounding Memory Dividends | Episode 027In this unique episode Mark records from a cruise ship while reflecting on his memorable experiences from his trip to Santorini 38 years ago and again today.
He shares the concept of 'memory dividends,' how revisiting significant moments can create compounded joy, and how his daughter and friends are now part of these treasured memories. Mark also recounts some humorous and thrilling anecdotes from his original trip.
He also shares clever money-related joke to emphasize creative financial thinking. Tune in to explore the idea of investing in experiences for lasting happiness.
Timestamps:
00:24 P...
2024-08-2819 minMark's Money MindThe Big Purge: Downsizing Your Stuff | Episode 026This episode delves into 'The Big Purge,' detailing Mark's journey of downsizing and decluttering his possessions. He reflects on how excess stuff can weigh you down and shares strategies and inspirations for letting go, including insightful recommendations from minimalist influencers.
Mark also recounts his own practical experiences and emotional challenges with decluttering. Learn about the benefits of minimizing your stuff, how to manage a big move on your own, and the positive impact of purging possessions.
If you would like your question answered on the show, please send an email to Mark@MarksMoneyMind.com...
2024-08-2136 minMile High FI PodcastMr. Money Mustache on Simplifying Your Finances (Live CampFI) | MHFI 229Doug and Carl answer a potpourri of audience questions at CampFI Rocky Mountain with help from Mark Trautman (Mark’s Money Mind), Pete Adeney (Mr. Money Mustache), Travis Hughes (Downshift Financial), and Mindy Jensen (BiggerPockets Money/Mindy on Money).
On a scale of 1 to 10, how happy were you to see asparagus served in the cafeteria at CampFI?
What was the most embarrassing moment on the way to FI?
For Pete:
How do you navigate a complex case study – how do you look at it, and how do you simplify?
If we find ourselves in a really good situation it mi...
2024-08-201h 11Mile High FI PodcastMr. Money Mustache on Simplifying Your Finances (Live CampFI) | MHFI 229Doug and Carl answer a potpourri of audience questions at CampFI Rocky Mountain with help from Mark Trautman (Mark’s Money Mind), Pete Adeney (Mr. Money Mustache), Travis Hughes (Downshift Financial), and Mindy Jensen (BiggerPockets Money/Mindy on Money).
On a scale of 1 to 10, how happy were you to see asparagus served in the cafeteria at CampFI?
What was the most embarrassing moment on the way to FI?
For Pete:
How do you navigate a complex case study – how do you look at it, and how do you simplify?
If we find ourselves in a really good situation it mi...
2024-08-201h 11Mile High FI PodcastMr. Money Mustache on Simplifying Your Finances (Live CampFI) | MHFI 229Doug and Carl answer a potpourri of audience questions at CampFI Rocky Mountain with help from Mark Trautman (Mark’s Money Mind), Pete Adeney (Mr. Money Mustache), Travis Hughes (Downshift Financial), and Mindy Jensen (BiggerPockets Money/Mindy on Money).
On a scale of 1 to 10, how happy were you to see asparagus served in the cafeteria at CampFI?
What was the most embarrassing moment on the way to FI?
For Pete:
How do you navigate a complex case study – how do you look at it, and how do you simplify?
If we find ourselves in a really good situation it mi...
2024-08-201h 11Mark's Money MindNavigating First-Time Home Buying: Insights and Strategies with Katie and Jessica | Episode 025In this episode Mark is joined by his daughter Katie and her good friend Jessica to discuss the intricacies of first-time home buying. They delve into the current housing market, the advantages and disadvantages of renting versus buying, and personal anecdotes about homeownership.
Jessica shares her journey as a recent college graduate contemplating buying her first home, and exploring concepts such as house hacking, renovations and rental property options.
This episode aims to educate listeners on making informed, financially sound decisions in the complex world of real estate.
If you would like your q...
2024-08-1452 minMark's Money MindMarket Volatility, IRA Rollovers and Inherited IRA Rules | Episode 024In this episode Mark updates listeners on his personal housing situation and discusses the recent challenge accessing his Charles Schwab account amid market volatility and emphasizes the importance of understanding market volatility.
He discusses a recent Wall Street Journal article and Vanguard research highlighting common mistakes that cost retirement savers billions. Mark further explores IRA rollover rules under the SECURE Act and clarifies the complexities around required minimum distributions for inherited IRAs.
Episode Links:
Mark’s Money Mind YouTube Channel
The Simple Path to Wealth by JL Collins
A Gui...
2024-08-0733 minMark's Money MindMark's Money Mind Monthly Mailbag | Episode 023In this episode Mark shares personal news about selling his home and planning a move to Longmont, Colorado, the epicenter of the FI/RE community.
He responds to listener emails covering financial questions, including the order of contributions to Roth vs. Traditional retirement accounts, the benefits of various life insurance policies, and how to approach employee benefits enrollment.
If you would like your question answered on the show, please send an email to Mark@MarksMoneyMind.com and put “podcast question” in the subject line.
Episode Links:
Mark’s Money Mind YouTube Channel
2024-07-3134 minMark's Money MindLive from CampFI Rocky Mountain Week 2 | Episode 022Join host Mark Trautman and co-host Kevin Sebesta for a special live recording from CampFI Rocky Mountain Week 2 in Colorado Springs.
Explore attendee questions on taxes, investing, retirement and financial independence with insights from Sean Mullaney, the FI Tax Guy, and Travis Hughes of Downshift Financial.
If you would like your question answered on the show, please send an email to Mark@MarksMoneyMind.com and put “podcast question” in the subject line.
Episode Links:
Mark’s Money Mind YouTube channel
CampFI
Kevin Sebesta - Life in FIRE
S...
2024-07-241h 10Mark's Money MindFun Times at CampFI - Live with Mile High FI and Special Guests Mr Money Mustache, Travis Hughes and Mindy Jensen | Episode 021In this engaging episode recorded live from CampFI Rocky Mountain Week 1, Mark alongside Doug Cunnington and Carl Jensen from the Mile High FI podcast, address audience questions on financial independence ranging from humorous to serious topics.
Featuring special guests Pete Adeney (Mr. Money Mustache), Travis Hughes (of Downshift Financial), and Mindy Jensen (BiggerPockets Money & Mindy on Money podcasts), the panel explores various subjects including financial case studies, Roth conversions, asset allocation, post-FI lifestyle, and real estate vs. index funds.
If you would like your question answered on the show, please send an email to Mark@Ma...
2024-07-171h 07Mark's Money MindCommunity Wisdom with Gen Z Whiz Emma von Weise | Episode 020In this episode recorded at CampFI Rocky Mountain, Mark speaks with Emma von Weise about her personal finance journey.
Emma recounts her early interest in money, starting work at age 14, and her strategic approach to college and career decisions. She shares how she was able to minimize college costs by leveraging community college credits and participating in ROTC.
They discuss Emma’s career path to becoming a Certified Financial Planner (CFP). She also provides insights on balancing savings with present-day expenses, including housing, transportation, food, and efficient spending habits.
The episode wraps up with...
2024-07-1059 min
Created Creative PodcastEp 33 - From Sitcoms to Sermons - Making Big Career ChangesDawn and Ruth cordially invite you to join them as they host a captivating and enlightening conversation with the esteemed Bishop Brenda Bos. Prepare to be inspired as Bishop Brenda Bos shares her remarkable journey, tracing her path from a television production manager to ascending the ranks to become a distinguished bishop. This engaging discussion will delve into a myriad of thought-provoking topics, highlighting the significance of nurturing creativity as a means to nourish the soul. Bishop Brenda Bos will candidly explore the challenges and unexpected moments encountered during her career transitions, providing valuable insights and wisdom gleaned from...
2024-07-0833 minMark's Money MindFun Buckets & Donor-Advised Funds | Episode 019In this episode Mark introduces the concept of the 'Fun Bucket' as a tool to facilitate guilt-free spending to overcome the psychological challenges of shifting from a saver mindset after reaching Financial Independence.
Additionally, he discusses the utility of Donor-Advised Funds for charitable giving, explaining how they can maximize tax benefits and make charitable contributions easier and more fulfilling. He compares the features of donor-advised funds from Fidelity, Charles Schwab, and Vanguard, highlighting considerations for choosing the right fund.
If you would like your question answered on the show, please send an email to Mark@Ma...
2024-07-0340 min
EverydayFI8. CampFI Part 2: Exploring Financial Freedom on the Mark's Money Mind ShowIn this episode, recorded in front of a live audience at CampFI Mid-Atlantic, Meghan joins Mark Trautman from the Mark's Money Mind show and guests Chris, Samantha, and Keith. Chris shares his transformative sabbatical in New Zealand, while Samantha recalls her meaningful trip to Southeast Asia, both emphasizing the benefits of slow and mindful paths to Financial Independence. The show highlights the importance of community support, the joys and challenges of long-term travel, and the practicality of being a minimalist traveler. Keith also joins in to share his experiences of the nomad lifestyle post-FI.
2024-07-011h 01Mark's Money MindMark's Money Mind Monthly Mailbag | Episode 018In this episode Mark addresses questions from listeners in a special ‘Monthly Mailbag' show.
He explores Ryan’s suggestion of renaming the middle phase of financial freedom the ‘Mindful Middle.’ Mark also tackles listener questions regarding receiving a lump sum pension or annuity, helping parents with retirement planning, how to use a brokerage account and his favorite retirement planning podcasts.
If you would like your question answered on the show, please send an email to Mark@MarksMoneyMind.com and put “podcast question” in the subject line.
Episode Links:
Phases of Financial Freedom | Epi...
2024-06-2648 minEverydayFI7. CampFI Part 1: Annie, Kim, and EricOn today's show we're recording in LIVE from CampFI Mid-Atlantic with guest host Mark Trautman from Mark's Money Mind. Hear stories from Annie G., Kim B-H., and Eric B. who talk about how they came to find the FI movement, how kids fit into their journeys, and their struggles and wins. All with a live audience from CampFI. Episode Links: Episode Page Mark's Money Mind show KHB Financial CampFI Dave Ramsey's Baby Steps Catching Up to FI Suze Orman podcast FIRE in Vegas...
2024-06-2451 minMark's Money MindAutomate Your Way to Wealth | Episode 017In this episode Mark discusses a strategy for automating your finances. Using his personal experience, he explains how setting up systems for automatic deposits, payments, and savings can help achieve financial goals and provide for a stress-free financial future.
He delves into the specifics of using a core cash management account and provides a step-by-step automatic cash flow process for both working individuals and retirees. Mark emphasizes the importance of monitoring financial transactions and maintaining a buffer.
If you would like your question answered on the show, please send an email to Mark@MarksMoneyMind.com an...
2024-06-1940 minMark's Money MindCommunity Wisdom - A Conversation with Kristen Knapp | Episode 016In this episode, Mark sits down with Kristen Knapp at CampFI Mid Atlantic 2024 to discuss financial independence, in-person FI events, semi-retirement, and travel aspirations.
They delve into Kristen's TV meteorologist career, experiences at various FI events, benefits of the community, and her plans for transitioning to part-time work and potentially living abroad in Spain.
The episode highlights personal stories, practical advice on transitioning to a semi-retired life, and the importance of community support in achieving financial independence.
If you would like your question answered on the show, please send an email to Mark@M...
2024-06-1258 minMark's Money MindPhases of Financial Freedom | Episode 015In this episode Mark discusses three phases of Financial Freedom: Financial Enlightenment, Financial Liberation, and Financial Independence.
Mark shares insights from conversations at recent financial events and episodes of the podcast, emphasizing the importance of financial education, strategic planning, and intentional living.
Listeners will learn about evolving concepts within the FI/RE community, exploring the benefits of 'Coast FI' and 'Slow FI' encouraging a balanced approach to achieving financial independence without sacrificing the present.
The episode wraps up with thoughts on creating meaningful experiences throughout the journey to Financial Independence.
If y...
2024-06-0538 minMark's Money MindExploring Financial Freedom at CampFI Mid-Atlantic | Episode 014In this episode, recorded in front of a live audience at CampFI Mid-Atlantic in Virginia, Mark is joined by co-host Megan Combs of the Everyday FI podcast and guests Chris, Samantha, and Keith.
Chris shares his transformative sabbatical in New Zealand, while Samantha recalls her meaningful trip to Southeast Asia, both emphasizing the benefits of slow and mindful paths to Financial Independence.
The show highlights the importance of community support, the joys and challenges of long-term travel, and the practicality of being a minimalist traveler. Keith also joins in to share his experiences of the n...
2024-05-3059 minMark's Money MindSlaying the Debt Dragon | Episode 013In this episode Mark focuses on the important topic of paying off credit card debt, explaining the detrimental effects of carrying high-interest debt and explores strategies for debt repayment.
He discusses the differences between the snowball and avalanche methods for tackling debt, and emphasizes the importance of paying off credit cards in full every month to avoid escalating interest. Mark also touches on various debt consolidation options and why they might not be the best choice.
If you would like your question answered on the show, please send an email to Mark@MarksMoneyMind.com and p...
2024-05-2231 minMark's Money MindAvoid These Financial Mistakes Before Retirement | Episode 012In this episode of Mark discusses a Wall Street Journal article titled 'Retiring in the Next Five Years? Avoid These Financial Mistakes', adding his insights on various financial strategies to avoid common pitfalls.
Key topics include maximizing retirement contributions, analyzing Social Security options, avoiding unnecessary debt, adapting investment strategies with age, managing financial aid to children wisely, and planning for a desired retirement lifestyle.
Additionally, Mark addresses a listener question about pension planning, offering guidance on when to take a pension, considering survivor benefits, and evaluating the option of a lump sum payout.
If...
2024-05-1539 minMark's Money MindThe Wonder of Compounding | Episode 011In this episode Mark explores the fundamental concept of compounding, using lessons taught in his financial literacy class, personal anecdotes, and insights from the annual Berkshire Hathaway meeting.
He shares stories of Warren Buffett and Charlie Munger's investment lessons, along with a touching personal story about his grandmother's investment in Coca-Cola stock, illustrating the long-term impact of compounding.
Mark also explains the mathematical magic behind compounding.
If you would like your question answered on the show, please send an email to me at Mark@MarksMoneyMind.com and put “podcast question” in the subject line...
2024-05-0837 minMark's Money MindAn Alternative to the 4% Rule | Episode 010Mark Trautman, Bill Yount, and Becky Heptig dive into the Secure Retirement Income Process created by the co-host of The Retirement and IRA Show. The conversation contrasts the conventional 4% safe withdrawal rule with this alternative and delves into leveraging Social Security, pensions, and annuities for a steady income stream.
Highlighted topics include optimizing spending during 'go-go' years, bucket strategies for savings allocation, and creating a 'fun number' to enjoy life while ensuring financial security. The discussion emphasizes the importance of balancing present enjoyment with future savings.
It aims to guide listeners towards informed decisions for a...
2024-05-011h 16Mark's Money MindAccessing Funds in Early Retirement | Episode 009In this episode, Mark delves into financial planning for early retirement, specifically focusing on strategies to access funds before turning 59 1/2 without incurring penalties. Mark shares his personal journey of retiring at 50 and the importance of having a diversified tax strategy across taxable, tax-deferred, and tax-free accounts.
He introduces concepts such as cash flow projection, the significance of having various account types, and employing strategies like Roth IRAs, Roth conversions, and the rule of 55 to navigate the early retirement financial landscape.
Additionally, the episode features a discussion on the 72(t) SEPP option with a guest, highlighting re...
2024-04-2429 minMark's Money MindOptimizing Credit Card Rewards | Episode 008In this episode Mark explores the intricacies of using credit card rewards for travel. He emphasizes the importance of paying off credit card balances each month to truly benefit from the rewards.
Mark shares his strategy for maximizing points through various credit cards, including Chase Sapphire Reserve, Capital One Venture X, and American Express Gold Card, detailing how he uses them for different spending categories to optimize rewards. He also mentions the significance of sign-up bonuses, tracking expenditures meticulously, and monitoring annual fees.
Additionally, Mark provides practical examples from his travel plans, showcasing how to l...
2024-04-1749 minMark's Money MindFinancial Order of Operations | Episode 007This episode introduces the concept of the financial order of operations, providing a systematic approach to managing personal finances, including prioritizing credit card debt repayment, building an emergency fund, participating in employer retirement plans, and investing in health savings accounts (HSAs), IRAs, brokerage accounts, and 529 plans.
Mark emphasizes the importance of tax diversification and offers thoughts on choosing between Roth and traditional retirement accounts based on one's tax bracket. This episode is a comprehensive guide for beginners and those seeking to optimize their financial strategies.
Send your questions to Mark@MarksMoneyMind.com (put "Podcast Question"...
2024-04-1035 minMile High FI PodcastAccidental FI, Early Retirement, & Subtle Art of Living FI - Bob Haines | MHFI 210Doug and Carl chat with Bob Haines who is a well-known figure in the FI community due to his frequent attendance of various FI-related events such as FinCon, EconoMe, Chautauqua, and CampFI. Bob recounts his financial journey from initially finding FI through the Tim Ferriss podcast, to discovering that he was accidentally FI already, to transitioning fully into the world of early retirement almost five years ago. Bob also discusses the changes he’s seen in the FI community over the years and the power of FI events.
Save 50% site-wide on your new mattress, pillow, and bedding over...
2024-04-091h 14Mark's Money MindNavigating Your Tax Return and The One-Page Financial Plan | Episode 006In this episode Mark guides you through a comprehensive walk-through of the 2023 Form 1040 U.S. Individual Tax Return explaining each section in detail.
Additionally, he introduces the concept of a one-page financial plan for efficient tax planning, emphasizing lifetime versus annual tax minimization.
He addresses a listener question, offering insight on maximizing ACA subsidies and creating income and cash flow without impacting premium subsidies.
The episode also suggests tax planning tools and resources for 2024.
Episode Links:
IRS Form 1040
IRS Form 1040 Schedule 1
IRS Form 1040 Schedule 2
...
2024-04-0357 minMark's Money MindFinding Your Tribe | Episode 005This episode explores the intertwining narratives of embracing community connections, building impact through financial independence events, and the significance of finding your tribe.
Through personal experiences, dialogues, and insights, it underscores how community support, events like CampFI, FinTalks and the FI Freedom Retreat, and continuous learning shape individuals' paths towards financial independence and personal growth.
Enjoy listening to an interview from the FinTalks cruise in January 2024 with Amberly Grant, Amy Minkley and Stephen Baughier as well as four bonus interviews with attendees from this gathering 65 like-minded FI community members.
All aboard!
S...
2024-03-271h 04Mark's Money MindThe Financial Speedometer: Tracking Your Income & Expenses | Episode 004
In this episode, Mark discusses the process of creating an income and expense statement to track and manage personal finances. He provides detailed guidance on gathering financial information, organizing it, and analyzing it to improve savings and spending habits.
Mark also answers a listener question sharing his experience with the “fun bucket” as a mechanism to rewire the mindset from accumulation to spending in retirement.
Send your questions to Mark@MarksMoneyMind.com (put “Podcast Question” in the subject line)
Episode Links:
Quicken
YNAB
Spending Tracker app (Apple...
2024-03-2033 minMark's Money MindThe Financial Starting Line – Net Worth, 529 to Roth IRA and Q&A | Episode 003
In this episode of Mark’s Money Mind, host Mark Trautman, CFP® discusses his upcoming participation as a case study panelist at the EconoMe Conference.
The episode is divided into three segments: a money lesson on creating your own net worth statement, a personal experience with rolling over a 529 plan to a Roth IRA under the new SECURE 2.0 Act provision, and a listener question regarding whether to switch from a traditional 401k to a Roth 401k and considerations for buying a house.
Mark provides a comprehensive breakdown of calculating and interpreting net worth, shares insights from...
2024-03-131h 05
Mark's Money MindA Simple Mantra: Make Some, Save & Invest, Live on the Rest | Episode 002
In this episode of Mark’s Money Mind, host Mark Trautman, CFP® explains his financial freedom cornerstone mantra: Make Some, Save & Invest, Live on the Rest.
Discussing his personal stories, insights from various books, and advice rooted in practical experience, Mark emphasizes the importance of living within one’s means, the benefits of saving and investing early, and the significance of making informed educational and career choices.
He shares his personal journey, discusses various pathways to earning income, the importance of college cost consideration, and touches upon how to prioritize savings and investments. Additionally, Mark delves...
2024-03-0548 minMark's Money MindJourney to Financial Independence: Introduction to Mark’s Money Mind | Episode 001
This episode is an introduction to the Mark’s Money Mind show hosted by Mark Trautman, CFP® from Crested Butte, Colorado. He shares his passion for financial education and his plan to share timely topics, personal stories and community wisdom through his new show.
Mark shares his own journey to financial independence, beginning from taking the first step of learning about personal finance through books as the internet was not popular back then.
From there, he shares how he and his wife made smart financial decisions like maximizing their 401k contributions, house hacking and maintaining a m...
2024-02-2737 min
Mark's Money MindTrailer: Financial Freedom with Mark Trautman
This show, hosted by Mark Trautman, CFP® aims to provide an educational resource for people eager to master their personal finances. The content covers various money-related topics, answers listeners’ questions, and shares both financial and non-financial life lessons.
The key objective is to foster a financial learning community, passing along knowledge and wisdom to those interested in achieving financial freedom.
2024-02-2700 min
Catching Up to FIUnpacking Retirement Planning Strategies | Kevin Lyles | 061Kevin Lyles, a retired lawyer turned retirement guru and coach, joins Becky and guest co-host Mark Trautman to discuss several aspects of planning for retirement, both financial and non-financial. Kevin talks about the difference between retirement planning and financial advice during the accumulation phase. He advises on how to navigate Social Security and Medicare, and emphasizes the importance of financial resilience in retirement. Kevin explains the significance of replacing the structure and fulfillment you get from work through relationships, a sense of usefulness, and financial security as you transition to retirement. Kevin, Becky, and Mark also chat about lifelong...
2024-02-251h 18
Catching Up to FIFun Buckets and the Secure Income Retirement Process | Mark Trautman | 039We welcome back Mark Trautman of Mark's Money Mind. Bill and Becky chatted with Mark on episode 12 about money in relationships. Mark also stood in for Bill as a co-host with Roger Whitney, the Q&A panel from CampFI, and On the Road with Catching Up to FI. In this conversation, we are going to dive into an alternative to the 4% Rule of Thumb. We see people in our community ask about a drawdown strategy in retirement, and the go-to answer seems to be the 4% Rule. But we would like to present another way of solving for...
2023-09-241h 14
BiggerPockets Money PodcastFIRE by 50: How to Have FUN on Your Journey Toward Early RetirementThe FIRE community is notorious for chasing early retirement at all costs. Many search for creative ways to earn more money and spend less of it, only to end up hating the journey. If you’ve ever felt burnt out or discouraged on the road to FIRE, you’re in for a real treat with today’s episode!Welcome back to the BiggerPockets Money podcast! Today, we’re joined by Mark Trautman from Mark’s Money Mind. Early on, Mark decided that he was going to live life on his own terms. So, he and his wife worked their way out of de...
2023-09-011h 02
Catching Up to FIOn the Road With Catching Up to FI | Tony's Journey | 032Becky and guest co-host, Mark Trautman, talk to Tony about his journey to FI and retirement while on a cruise to Alaska. This is part of a new series called On the Road with Catching Up to FI. 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our sponsors: Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!) Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course) Nectarine: Advice-Only Financi...
2023-08-3131 minMile High FI PodcastCampFI LIVE Week 1 | MHFI 175Doug and Carl answer a potpourri of audience questions at CampFI Rocky Mountain with help from Becky Heptig (Catching up to FI) and Mark Trautman (Mark’s Money Mind).
Best place to invest money in today’s environment?
Best budget travel places?
How to find your niche in the podcast world?
What is a failure you experienced?
What caused dinosaurs to become extinct?
At what point in a relationship do you start having financial conversations?
What’s better - increasing income or decreasing expenses?
Who should pay for the first date?
How to date while FI?
What sets your podcast apart...
2023-08-1548 minMile High FI PodcastCampFI LIVE Week 1 | MHFI 175Doug and Carl answer a potpourri of audience questions at CampFI Rocky Mountain with help from Becky Heptig (Catching up to FI) and Mark Trautman (Mark’s Money Mind).
Best place to invest money in today’s environment?
Best budget travel places?
How to find your niche in the podcast world?
What is a failure you experienced?
What caused dinosaurs to become extinct?
At what point in a relationship do you start having financial conversations?
What’s better – increasing income or decreasing expenses?
Who should pay for the first date?
How to date while FI?
What sets your podcast...
2023-08-1348 minMile High FI PodcastCampFI LIVE Week 1 | MHFI 175Doug and Carl answer a potpourri of audience questions at CampFI Rocky Mountain with help from Becky Heptig (Catching up to FI) and Mark Trautman (Mark’s Money Mind).
Best place to invest money in today’s environment?
Best budget travel places?
How to find your niche in the podcast world?
What is a failure you experienced?
What caused dinosaurs to become extinct?
At what point in a relationship do you start having financial conversations?
What’s better – increasing income or decreasing expenses?
Who should pay for the first date?
How to date while FI?
What sets your podcast...
2023-08-1348 min
Catching Up to FICamp FI Rocky Mountain | Panel | 028CampFI Rocky Mountain live recording Week 1 of a Panel Discussion answering questions from the attendees. On the Panel are the Moderator, our own Becky Heptig, Mark Trautman, a guest on Episode 12 and a guest host on Episode 27, Doug Cunnington (The Doug Show), and Carl Jensen (Mr. 1500 Days). Doug and Carl are the cohosts of the Mile Hi FI Podcast. Sit back, relax with your favorite beverage and enjoy the tips, tricks, hacks, and humor of FI. 🔗 Connect with us Buy CUtFI a coffee Record a message for CUtFI Thank you to our spo...
2023-08-1352 min
Catching Up to FIClimb Every Mountain | Roger Whitney | 027Becky and guest co-host, Mark Trautman, chat with The Retirement Answer Man, Roger Whitney. They are all on vacation with a group from the Rock Retirement Club. Bill is back at the ranch working his day job and editing podcasts dreaming of time freedom on the path to financial independence, but still living his best life. As a certified financial planner for over 25 years, Roger uses his credentials and every channel possible to help people live well today without sacrificing tomorrow. He is a three-time Plutus Award Winner for best retirement blog/podcast. The podcast has over 8...
2023-08-0650 min
Catching Up to FIFast Times & Caddyshack | Mark Trautman | 012Mark Trautman is a community member, he was a caddy, a valet, and a mutual fund manager for 25 years and retired early at 50. He lives off his portfolio and in Crested Butte, CO. Mark lost his lovely wife to cancer two years ago. He is a financial whiz and takes us on his personal and money journey dropping knowledge bombs the entire show. From Tigger backpacks to Coca-Cola compounding to 529s you'll hear much about Mark's Money Mind! Don't miss this one. 🔗 Connect with us Buy CUtFI a coffee Record a message for CUt...
2023-04-301h 01
The Stacking Benjamins ShowThe Art Of Balancing Relationships And FinancesWhen money is tight, you gotta do what you gotta do. But who should you add to your financial accounts? What could possibly go wrong if you share money with your buddy? Today we are happy to have the creator of the blog Mark's Money Mind, CFP Mark Trautman, on to share his experiences in financial account sharing. Paulette Perhach joins us to share her financial sharing memories. And Len Penzo jumps in to give his perspectives on Affleck and Damon's level of trust.What are some smart rules to follow when sharing financial accounts with your...
2023-04-281h 03
Retirement Answer ManWidowed in Retirement: Creating a New YouNobody wants to face life as a widow or widower. However, it is an unfortunate reality that many must face. Successfully navigating widowhood could be easier if you could prepare yourself in advance. In this Widowed in Retirement series, we aim to do just that. Today you’ll learn how you can start life again on your own. Mark Trautman joins me again to discuss his experience moving forward after the death of your spouse. He touches on prioritizing actions to take, setting up a summarized retirement plan, and rebuilding your life as a single person. Wh...
2023-03-2252 min
Retirement Answer ManWidowed in Retirement: Navigating Financial ChangesIf you are married, chances are you or your spouse will have to suffer through widowhood. The Widowed in Retirement series aims to help you navigate this difficult transition as best you can. Today, Mark Trautman joins me again to discuss how to work through the huge financial changes that result from losing a spouse. There are myriad financial considerations to be aware of during this change, so this may be an episode that you want to bookmark to refer back to later or send to a friend in need. Press play to listen. OUTLINE OF THIS E...
2023-03-151h 01
Retirement Answer ManWidowed in Retirement: Navigating Life ChangesEven though it is difficult to think about it, at some point, those of us who are married will have to think about one of you transitioning from two to one. This week we’re exploring the nonfinancial impacts of this transition with someone who has walked this journey. Rock Retirement Club member, Mark Trautman shares his personal journey through his life-changing experience. Mark shares the challenges and the tools that have helped him get through this heartbreaking part of his life so that he can move forward and rock retirement on his own. Aft...
2023-03-081h 17Mile High FI PodcastMark's Money Mind | MHFI 128Mark Trautman of Mark's Money Mind stopped by for an interview to talk about his journey to FI and how to start a podcast.
Mark started his career on Wall Street and fell into the high-end lifestyle (and how he later broke free)
Mark's luck with purchasing his primary residences
Balancing frugality and joy to have no regrets
How Mark got into teaching personal finance (for free!)
Finally, we got into the nitty gritty of all the mechanics of starting a podcast or YouTube channel
Links:
Mark's Money Mind
Mark posted the videos for the course, watch here
Mark's Twitter
...
2022-11-151h 27Mile High FI PodcastMark’s Money Mind | MHFI 128Mark Trautman of Mark’s Money Mind stopped by for an interview to talk about his journey to FI and how to start a podcast.
Mark started his career on Wall Street and fell into the high-end lifestyle (and how he later broke free)
Mark’s luck with purchasing his primary residences
Balancing frugality and joy to have no regrets
How Mark got into teaching personal finance (for free!)
Finally, we got into the nitty gritty of all the mechanics of starting a podcast or YouTube channel
Links:
Mark’s Money Mind
Mark posted the videos for th...
2022-11-151h 27Mile High FI PodcastMark’s Money Mind | MHFI 128Mark Trautman of Mark’s Money Mind stopped by for an interview to talk about his journey to FI and how to start a podcast.
Mark started his career on Wall Street and fell into the high-end lifestyle (and how he later broke free)
Mark’s luck with purchasing his primary residences
Balancing frugality and joy to have no regrets
How Mark got into teaching personal finance (for free!)
Finally, we got into the nitty gritty of all the mechanics of starting a podcast or YouTube channel
Links:
Mark’s Money Mind
Mark posted the videos for th...
2022-11-151h 27
Earn & InvestIs Your Money Serving You? w/ Mark TrautmanWe talk with Mark Trautman his path to financial independence, his financial decisions, and the loss of his beloved wife Marge. We discuss the important role money plays in our lives and what it can and can't do for us. Learn more about your ad choices. Visit megaphone.fm/adchoices
2022-08-1856 min
Earn & Invest3D Finance:The Power of FinTalks w/ Amberly Grant, Mark Trautman, and Monique SmabyWe are used to learning about finance in a 2D world. Maybe we read books, blogs, or listen to podcasts. Well, in the midst of COVID, Amberly Grant decided to start a series of zoom gatherings to talk money. She is joined by Mark Trautman and Monique Smaby to discuss the power of FinTalks. Learn more about your ad choices. Visit megaphone.fm/adchoices
2022-05-1657 min
Change Lives Make Money: The Podcast For Online Trainers#568- From Working at Supplement King to $30,000 Month w Nicole TrautmanIn today’s episode, I am joined by one of my clients Nicole Trautman. She shares her personal experience of how she went from working at Supplement King to $30,000 a month! If you are just getting started or struggling financially you don’t want to miss this! To join our community of Successful Online Trainers go here:http://www.successfulonlinetrainers.com/ To learn more about coaching programs, DM me “10k” on IG: https://www.instagram.com/therealbrianmark Apply to Work With Me Here: bit.ly/BuildYourOnlineFitnessBiz
2022-01-1114 min
Apostles By-the-Sea Anglican ChurchGodly Love of Self and Neighbor - Fr. David Trautman - January 26, 2020 - Psalm 139, Mark 12:28-34Godly Love of Self and Neighbor - Fr. David Trautman
On this Third Sunday of Epiphany, we are delighted to welcome Fr. David Trautman as our guest preacher this morning. Fr. David graduated from FSU with a double Major in Philosophy and Religious Studies. He then earned a Master’s degree in Religions of Western Antiquity with a focus on New Testament studies. He completed his seminary training with his wife, Megan, at Trinity School for Ministry in Ambridge, PA, receiving his Masters in Sacred Theology in May of 2012. Megan graduated with her Masters in Divinity in Ma...
2020-01-2923 min