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This PhD Works Part-Time After Reaching Financial Independence in Austin Texas

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Manage episode 415195358 series 2389144
Content provided by Emily Roberts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Emily Roberts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, Emily interview Dr. Corwin Olson, who completed his PhD in aerospace engineering and achieved financial independence (FI) just a handful of years later. Corwin argues that using a traditional IRA is typically advantageous over a Roth IRA, even for a grad student, if they have aspirations to retire early in the 0% marginal income tax bracket. Corwin and Emily walk step-by-step through his family's finances and his money mindset from the time he finished his master's in 2009 with a "$0 net worth" to when they reached FI in 2021. Corwin tried out unemployment during the pandemic, but ultimately returned to work a part-time schedule because he still wanted to use his engineering skills professionally. Corwin's story highlights how a PhD can achieve a highly satisfying job and work-life balance through a combination of financial freedom and career capital.

  continue reading

143 episodes

Artwork
iconShare
 
Manage episode 415195358 series 2389144
Content provided by Emily Roberts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Emily Roberts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, Emily interview Dr. Corwin Olson, who completed his PhD in aerospace engineering and achieved financial independence (FI) just a handful of years later. Corwin argues that using a traditional IRA is typically advantageous over a Roth IRA, even for a grad student, if they have aspirations to retire early in the 0% marginal income tax bracket. Corwin and Emily walk step-by-step through his family's finances and his money mindset from the time he finished his master's in 2009 with a "$0 net worth" to when they reached FI in 2021. Corwin tried out unemployment during the pandemic, but ultimately returned to work a part-time schedule because he still wanted to use his engineering skills professionally. Corwin's story highlights how a PhD can achieve a highly satisfying job and work-life balance through a combination of financial freedom and career capital.

  continue reading

143 episodes

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