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CASE STUDY

FINANCIAL INDEPENDENCE (FI)

This slide deck is a loose outline and designed to give you the flexibility to make it your own. Feel free to delete and update slides as you deem appropriate for your situation. You may add photos if you wish to personalize and make it unique to you (totally optional).

Please see last page for tips on privacy as you share your information.

THIS CASE STUDY TEMPLATE IS FREE AND AVAILABLE FOR ANY ONE TO DOWNLOAD AND USE WITH THE ENCOURAGEMENT TO HAVE MORE DISCUSSIONS ABOUT MONEY & FINANCES.

LAST UPDATED: 4/1/25 BY JACKIE CUMMINGS KOSKI

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WHAT IS A�FI CASE STUDY?

A Financial Independence (FI) Case Study is sharing the life & financials of one family to get crowdsourced feedback and generate thoughtful discussion among the group.

Seeing someone else’s real finances is the best way to think critically about your own.

Case Studies are done in small and large FI groups all over the world and at FI events like EconoMe, CampFI, ChooseFI Local Meetups and more.

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PRIVACY NOTICE

While I believe that people should be more open about money (and it shouldn’t be so taboo), I admit sharing my financial story is a bit outside my comfort zone. In exchange for my transparency, please keep the details in this presentation (numbers and otherwise) just to this group. I value my privacy, and don’t want this information shared with my friends, family, or coworkers— much how I anticipate you might feel as well.�

I would like to get through the presentation first, to paint the full picture for you, and THEN answer questions.

NOW LET’S GET VULNERABLE!

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AGENDA

  • LIFE & VALUES
  • NUMBERS
  • GOALS & QUESTIONS
  • CROWDSOURCED ADVICE & FEEDBACK

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Rex from

Poochville

ABOUT

ME &

MY FAM

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FAMILY MAKE UP

    • Age
    • Marital Status
    • Household makeup
    • Kids (X): Ages XX, XX, XX

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LIFE & VALUES

  • List a few things about your life and values
  • Include how you feel about your finances
  • Include your career or profession
  • Include what you love to do or hobbies
  • Include other philosophies about money and personal finances
  • Include anything else you want the group to know about you

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TIMELINE OF MY FI JOURNEY

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Early

The Middle

Now

Prior to 2014

  1. List childhood
  2. List early parts of your money story
  3. List other important experiences
  4. List big milestones

2015-2024

  1. List adult years
  2. List middle parts of your money story
  3. List other important experiences
  4. List big milestones

Current Year: 2025

  1. List current status
  2. List current parts of your money story
  3. List other important experiences
  4. List big milestones

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$00k

Gross

Income

Expenses

Savings Rate

% of Income

FI Number

25x Expenses

S U M M A R Y O F F I N A N C I A L S

$00k

00%

$0M

$0.0M

Assets

Debt

$00k

$0.0M

Net Worth

Assets - Debt

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ANNUAL INCOME

$000k

Gross Income

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Another example of how to present income details in chart format:

  • $00,000k Gross Annual Income
    • Person 1: $000,000 Primary Job (w-2 or self-employment)
    • Person 2: $000,000 Primary Job (w-2 or self-employment)
    • $00,000 Side Hustle or 2nd Job
    • $00,000 Other Income (child support, disability, pension, social security, rent, royalties ect.)

  • Federal Tax paid : $0,000
  • State Tax Paid: $0,000
  • After Tax Annual Income:

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Primary Expenses

Amount

HOUSING

$000

TRANSPORTATION

$000

FOOD

$000

CHILDCARE

$000

INSURANCES

$000

TOTAL

$00,000

Other Expenses

Amount

ENTERTAINMENT & TRAVEL

$000

CLOTHING & PERSONAL CARE

$000

PET CARE

$000

PROFESSIONAL SERVICES

$000

GIFTS & CHARITABLE DONATION

$000

TOTAL

$00,000

ANNUAL EXPENSES

Feel free to provide screen shot from the budgeting or expense tracking tool you use

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ANNUAL SAVINGS

    • Person 1 Employer Plan: $000 + $000 match = $000
    • Person 2 Employer Plan: $000 + $000 match = $000
    • Roth IRA: $000
    • Traditional IRA: $000
    • Health Savings Account: $000
    • College Savings (529 or other): $000
    • Brokerage: $000
    • Bank Account: $000
    • Other
    • Where does overflow savings go?

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00%

Savings Rate

Total: $00k

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Category

Amount

General Investment Allocation & Notes

Roth IRA

$000

00% Stock, 00% Bonds/Fixed Income, 00% Other

Traditional IRA

$000

00% Stock, 00% Bonds/Fixed Income, 00% Other

Employer Plan (00% Roth, 00% Traditional)

$000

00% Stock, 00% Bonds/Fixed Income, 00% Other

Brokerage

$000

00% Stocks, 00% Bonds/Fixed Income, 00% Other

Liquid Bank Accounts

$000

Savings, Money Market, CDs- interest rates

Home Value

$000

Payoff Amount & Date

Health Savings Account (H.S.A.)

$000

00% Stock, 00% Bonds/Fixed Income, 00% Other

Other

$000

00% Stock, 00% Bonds/Fixed Income, 00% Other

TOTAL

$0,000,000

ASSET DETAILS

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Type

Balance

Annual Payment

Loan Information & Notes

Home Mortgage (PITI)

$000

$000

Vehicle Loans (car, motorcycle, boat)

$000

$000

Federal Student Loans

$000

$000

Private Student Loans

$000

$000

Credit Cards

$000

$000

Other

$000

$000

TOTAL

$000,000

$000,000

DEBT DETAILS

Credit standing (Excellent, Good, Working to Improve)

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Type

Yes/No

Notes

BENEFICIARIES NAMED

Retirement Accounts, Insurance Policies, Brokerage, Bank Accounts, HSA, Homes/Vehicles (not available in all states)

Primary & Contingent, Last Updated

MEDICAL DOCUMENTS

Medical POA, Living Will, Health Care proxy

FINANCIAL DOCUMENTS & FINAL WISHES

Financial POA, Will, Trust, Guardianship

LONG TERM CARE

What’s the plan?

GIVING PLAN

While living or after death to individuals or charities

Using any tax efficient vehicles or strategies like Donor Advised Fund, 529, or Trust

OTHER

Business, Investment Properties, Rents, Royalties, Digital Assets (Email, Cloud Services, Website, Social Media)

What’s the plan?

ESTATE PLANNING

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SOCIAL SECURITY ESTIMATES

These personalized estimates are generated from ssa.gov. The default numbers are based on your earnings to date and assume you continue to earn the same amount per year until you start your benefits.

Age

Year

Benefit Start Time

Monthly

Amount

Age 62 (Early)

20XX

Early Retirement Age

(Minimum Benefit)

$0,000

Age 67 (Full)

20XX

Full Retirement Age

(Full Benefit)

$0,000

Age 70 (Delayed)

20XX

Delayed Retirement Age

(Maximum Benefit)

$0,000

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GOALS & QUESTIONS

Goal #1

Describe your primary goal and what you would like feedback on

Goal #2

Describe your secondary goal and what you would like feedback on

Goal #3

Describe your other goals and what you would like feedback on

Questions

What are my blind spots? What did I miss?

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WHEN CAN I RETIRE CALCULATOR

Run your numbers using one of the calculators on the next page or feel free to use your favorite.

Share

screenshot

PLACE

SCREEN SHOT

OF

RETIREMENT CALCULATOR

RESULTS

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POPULAR

FI & RETIREMENT CALCULATORS

  • Boldin

  • ChooseFI

  • FIRECalc
    • https://www.firecalc.com/

  • Millennial Money

  • Networthify

  • Playing with FIRE

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PRIVACY

TIPS

Transparency with your numbers is extremely helpful to the group, but please be careful and prudent when sharing your information. You still deserve privacy. It is wise to limit your personal information that is not relevant to your Case Study. Please consider these tips as you customize the slides:

  1. Don’t use your last name
  2. Don’t include the name of your account providers
  3. It is okay to provide rounded numbers and does not have to be the exact amount to the penny from your accounts
  4. If you provide screenshots of your data/statements, make sure you remove sensitive information like account #, social security #, last name, address, phone #, ect.
  5. When sharing photos, make sure you’re ok with using your or your family’s images. You can also personalize with unique photos of places and things, not just people.