Episode 244 - The Simple Path to Wealth Explained: J.L. Collins on Index Funds, FI Strategy & Financial Freedom

INVEST2FI

What if financial independence was simpler than you think? In this powerful episode Craig Curelop reconnects with a prominent figure in the FIRE (Financial Independence, Retire Early) movement J.L Collins, whose best-selling book The Simple Path to Wealth has helped millions unlock freedom through frugality and investing in index funds.

This is not just a rehash—J.L. drops updates on Pathfinders, the upcoming Simple Path to Wealth 2.0, and how staying the course in a volatile market is still the winning strategy. You will walk away with timeless principles of wealth-building, practical investment tips (like using VTSAX), and motivation to pursue Financial Independence regardless of income level. Perfect for anyone in the FIRE movement, new investors, or anyone questioning the value of good debt, savings rates, and lifestyle inflation.

PODCAST HIGHLIGHTS:

[03:15] Book update and reflections on investing mindset

[7:28] Avoiding lifestyle creep and how saving saved him

[11:17] 4 percent rule and retirement income planning

[16:12] How market volatility shapes disciplined investing long-term

[25:27] Vanguard’s VTSAX index fund remains JL’s top investing pick

[32:52] Staying the course when market drops test your resolve

[38:03] Pushback on simplicity and myths about wealth accumulation

[43:57] Financial independence is about freedom not early retirement age

[47:27] Advice to young investors on maximizing savings from start

[53:04] Stock market cycles and emotional control with investing

[58:26] Meditation mindset helps maintain financial course in crashes

HOST

Craig Curelop

📸 Instagram: https://www.instagram.com/thefiguy

📘 Book: https://store.biggerpockets.com/products/the-house-hacking-strategy

🏘️ Buy Real Estate: https://bit.ly/3V3QDze

GUEST

J.L. Collins

🌐 Website: https://jlcollinsnh.com/

✖️ Twitter: https://x.com/jlcollinsnh?lang=en