18 episodes

Financial Independence tools for Millennials, GenXers, and young Boomers
Build your skills and apply techniques to improve your Financial Independence and make early retirement a reality
Hosted by Lambo the FI-light-ER

FILIGHTER Podcast with Lambo Lambo

    • Business
    • 5.0 • 33 Ratings

Financial Independence tools for Millennials, GenXers, and young Boomers
Build your skills and apply techniques to improve your Financial Independence and make early retirement a reality
Hosted by Lambo the FI-light-ER

    2023 Reflections - Goals, Communication, Types of FIRE, Syncing Up

    2023 Reflections - Goals, Communication, Types of FIRE, Syncing Up

    Lambo returns with first episode in 2023
    We reflect on the past year and discuss Priorities, Goals, Communication, and types of FI (Financial Independence)  Coast FI, Lean FI, FI, and Fat FI
     
    Disclaimer:
    The discussion is intended to be for general educational purposes and is not tax, legal, or investment advice for any individual.
    Episode Recorded Tuesday, November 14th, 2023
    FI-light-ER WEBSITE and BLOG:
    www.filighter.com
    Facebook Group
    Email:
    lambothefilighter@gmail.com
    Remember our FILIGHTER Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a professional for Tax, Investment, or Legal advice or otherwise.  We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling.  Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments.
    Theme Music (Available on iTunes or Spotify): Another Day – MJ Torrance

    • 20 min
    Sean Mullaney – Solo 401(k): The Solopreneur’s Retirement Account

    Sean Mullaney – Solo 401(k): The Solopreneur’s Retirement Account

    Episode 16 Sean Mullaney – FI TAX GUY – SOLO 401(k): The Solopreneur’s Retirement Account
    Episode 16 Show Notes-->
    Book Link on Amazon 
    SOLO 401(k) The Solopreneur’s Retirement Account
    FIRE Tax Strategies for Beginners: https://fitaxguy.com/top-four-tax-moves-for-financial-independence-beginners/
    QBI Deduction for Beginners: https://fitaxguy.com/section-199a-for-beginners/
    Sean's Twitter: @seanmoneyandtax
    Sean's Website: FITaxGuy.com
    Sean's YouTube Channel: Sean Mullaney - YouTube
    Other Mention: CampFI Southwest October 7-10, 2022
    Disclaimer:
    The discussion is intended to be for general educational purposes and is not tax, legal, or investment advice for any individual.
    *Correction: Episode Recorded Wednesday, September 28th, 2022
    FI-light-ER WEBSITE and BLOG:
    www.filighter.com
    Facebook Group
    Email:
    lambothefilighter@gmail.com
    Remember our FILIGHTER Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a professional for Tax, Investment, or Legal advice or otherwise.  We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling.  Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments.
    Theme Music (Available on iTunes or Spotify): Another Day – MJ Torrance
     

    • 1 hr 11 min
    015 |Taking Stock A Hospice Doctor’s Advice on Financial Independence, Building Wealth, and Living a Regret-Free Life

    015 |Taking Stock A Hospice Doctor’s Advice on Financial Independence, Building Wealth, and Living a Regret-Free Life

    The FILIGHTER Podcast EPISODE 15 – Jordan Grumet MD Interview
    Show Notes -->
    Taking Stock A Hospice Doctor’s Advice on Financial Independence, Building Wealth, and Living a Regret-Free Life   – Jordan Grumet MD
    Preorder the Book:  Taking Stock Book (Available August 2, 2022) 
    Jordan’s Website: https://jordangrumet.com/
    Jordan’s Podcast: Earn and Invest Podcast
    Financial Freedom by Grant Sabatier
    Your Money or Your Life by Vicki Robin
    Bronnie Ware – The Top Five Regrets of the Dying
    Jessica Lynn – The Fioneers
    Heidy Dusek – Ordinary Sherpa
    The Whitecoat Investor – Dr. Jim Dahle
    Stacking Benjamins Podcast – Joe Saul-Sehy
    FI-light-ER WEBSITE and BLOG:
    www.filighter.com
    Facebook Group
    Email:
    lambothefilighter@gmail.com
    Remember our Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a professional for Tax, Investment, or Legal advice or otherwise.  We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling.  Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments.
    Theme Music (Available on iTunes or Spotify): Another Day – MJ Torrance

    • 1 hr 33 min
    014 |I-Bonds - Inflation Protected Savings Bonds

    014 |I-Bonds - Inflation Protected Savings Bonds

    FILIGHTER Episode 14 – I-Bonds
    SHOW NOTES
    Lets learn about I-Bonds from the US Treasury that are currently yielding 9.62% in May 2022
    Treasury Direct Website
    May 2022 I BOND RATE CHART.XLSX (treasurydirect.gov)
    *Gotta hold them at least 12 months
    *Three month penalty if held less than 5 years
    *Rates are set 2 times per year and hold for 6 months (Base Rate, currently Zero, and Inflation Rate, currently 9.62%)
    *Must purchase from TreasuryDirect.gov
    FILIGHTER WEBSITE and BLOG:

    www.filighter.com
    Facebook Group
    Email:
    lambothefilighter@gmail.com
    Remember our Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a professional for Tax, Investment, or Legal advice or otherwise.  We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling.  Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments.
    Theme Music (Available on iTunes or Spotify) : Another Day – MJ Torrance
     
    FILIGHTER PODCAST LINKS:
    FILIGHTER on APPLE
    FILIGHTER on STITCHER
    FILIGHTER on SPOTIFY
    FILIGHTER on GOOGLE
    What is a Series I Savings Bond?
    A savings bond that earns interest based on combining a fixed rate and an inflation rate for up to 30 years.
    Twice a Year Rates are set and there are TWO Rate Components to a Series I Savings Bond:
    Fixed Rate Inflation Rate The Composite interest rate combines these two separate rates:
    A fixed rate of return, which remains the same throughout the life of the I bond.
    A variable semiannual inflation rate based on changes in the Consumer Price Index for all Urban Consumers (CPI-U). The Bureau of the Fiscal Service announces the rates each May and November. The semiannual inflation rate announced in May is the change between the CPI-U figures from the preceding September and March; the inflation rate announced in November is the change between the CPI-U figures from the preceding March and September.
    Because it combines two rates, the interest rate on an I bond sometimes is called the composite rate or the overall rate.
    0.0% + 3.54% May 2021
    0.0% + 7.12% Last November 2021
    0.0% + 9.62% May of 2022
    While the inflation rate can be negative, the composite rate floor is set to never be less than zero.  The only two periods since 1998 that negative rates for inflation were used took place in 2009 and 2015.
    Using our 20/20 hindsight vision, Say between May 2000 and October 2000 you were buying an I-Bond, your two combination rates would be a FIXED RATE of 3.6% plus an Inflation Rate of 3.89% for a combined rate of 7.49% at the time.  ROLL THE CLOCK FORWARD TO TODAY, and that base rate bond of 3.6% and the new 9.62% Inflation Rate would take you to 13.39% composite rate for your bond.
    How would you like more than 13% rates on a US Government backed savings bond?
    Just FYI the last time you could have bought a bond with a fixed rate above zero, was November 2019 through April of 2020.  During that 6-month period, the fixed rate was zero point two percent. 0.2% or 20 basis points in financial rate lingo.  A basis point is 1/100th of one percent.
    May 2022 I BOND RATE CHART.XLSX (treasurydirect.gov)
     
    If you purchase a bond during the 6-month window your bond will receive the current rate for 6 months then interest at the end of the period will be compounded to your balance semi-annually and invested at the then new rate for the next 6 months.
    If you bought a bond today, May 24th, 2022, your bond would reset rates every May 1st and November 1st
    If you bought on 4th of July, your rates would reset each July 1st and January 1st
    There are some opportunities to either report income

    • 42 min
    STACKED Book Tour with Joe Saul-Sehy

    STACKED Book Tour with Joe Saul-Sehy

    STACKED: Your Super Serious Guide to Modern Money Management Interview with Author Joe Saul-Sehy SHOW NOTES Links In order of mention on this FI-light-ER Episode 13: BOOK TOUR Dates Stacking Benjamins
    Emily Guy Birken Co-Author
    Paula Pant
    Rob Berger
    J. D. Roth
    Jeff Rose
    Jim Wang
    Adam Baker
    Ramit Sethi
    Liz Weston
    Joshua Dorkin
    Brandon Turner
    Morgan Housel
    J. L. Collins
    Vicki Robin
    Ric Edelman
    James Clear
    Blog Post 8.0 with “I Will Teach You To Be Rich” Ramit Sethi reference
    Len Penzo
    Mat & Board Podcast
    “The greatest danger for most of us is not that our aim is too high and we miss it, but that it is too low and we reach it.”  - Michelangelo
    WEBSITE and BLOG:
    www.filighter.com
    Facebook Group
    Email:
    lambothefilighter@gmail.com
     
    Remember our Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a professional for Tax, Investment, or Legal advice or otherwise.  We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling.  Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments.
    Theme Music (Available on iTunes or Spotify) : Another Day – MJ Torrance
     
    FILIGHTER PODCAST LINKS:
    FILIGHTER on APPLE
    FILIGHTER on STITCHER
    FILIGHTER on SPOTIFY
    FILIGHTER on GOOGLE

    • 1 hr 1 min
    LifeGoal Investments - Are these ETF's for you?

    LifeGoal Investments - Are these ETF's for you?

    Live from FINCON21 in Austin Texas USA (Interview recorded 9.24.2021, Update recorded 2.10.2022)
    LifeGoal Investments Link:
    LifeGoal Investments
    Email:
    lambothefilighter@gmail.com
    FILIGHTER WEBSITE and BLOG:
    www.filighter.com
    Facebook Group
    Remember our Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a professional for Tax, Investment, or Legal advice or otherwise.  We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling.  Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments.
    Theme Music: Another Day – MJ Torrance

    • 47 min

Customer Reviews

5.0 out of 5
33 Ratings

33 Ratings

Lore.MH21 ,

So down to earth

Second review- just what needed to hear today-I’ll use the questions to talk again with my husband.
First review (sorry never pressed send) Thanks Paul for great advice: I loved the idea of “love what you have” and live way below your means- also the negotiation rules. Spot on. Thanks for your kindness!!! Lorena

G_Suarez ,

Like getting advice from your favorite uncle.

The FILightER Podcast is a great personal finance show that doesn't preach to you, but teaches you. The host Lambo provides quality information in a down to earth way like a trusted family member would give.

Paradise Pecan ,

So Humble So Honest

Loving the humble, yet honest vibes on this podcast!! I really feel like we are getting practical steps that we can apply!

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