E106- Joel from 5AM Joel

Connect with Our Guest

Subscribe to Chain of Wealth

Join 40,515 Monthly Listeners

Subscribe to Chain of Wealth

Join 40,515 Monthly Listeners

Pro Tip: Timestamps below are clickable. Click on the time below in the brackets and the audio will start playing at that part of the show.

Joel is a 33 year old technology sales rep from Los Angeles. However, he recently quit his job to travel, and test the waters of early retirement! Joel is sharing stories on his blog, 5AM Joel (.com), and writes about how to make better use of your time, and better use of your money.

[3:27] Who’s your favorite superhero & why?
Wolverine, for no reason

[4:3] So, what exactly a mini retirement? How long have you been on your mini retirement?
Quit job in March, 5 months unemployed
Focus on your general well being
Watching 30ies fly by and needed something new
Creativitiy get sucks out of you

[7:40] Do you feel early retirement is an option for most people? What does into the planning of it?
Definitely possible for most people, but a lot of people don’t want to.

[9:21] Do you think your mini retirement is delaying your actual retirement and is there a cost/benefit analysis you did before taking it?
People ask if Joel has hit FI yet, but he’s far along the path so technically yes.
He’s far along and can take foot off the gas a bit
Mom sat down with Joel at a young age and explained the benefits of saving

[17:24] Your website isn’t 5am Joel for nothing, why have you been waking up at 5AM?
Started 2 years ago, Joel hated waking up early
His friend started waking up at 5am and did it for 30 days and told Joel.
It started as a dare and Joel has been doing it ever since

[22:58] What’s one of your favorite posts on your website?
Why do I own 7 surfboards
500 days till 2020


[24:43] Check out the Chain of Wealth Money Minute on Alexa!

Value Link Round

[25:12] What is your saving or retirement plan?
Could get a higher paying job and rush FI, or could get a job that earns less but it’s more relaxing, Joel has the time to figure it out.
Track your spending & compare it to your values in life.

[28:35] Do you have any other books or podcasts you can recommend?
Extreme Ownership
Losing my virginity
Bigger Pockets
Countdown to FI

[30:32] Favorite Quote?
Whether you think you can or think you can’t you’re right, Henry Ford

[31:16] Parting piece of advice?
Joel – 5AM Joel (.com) challenge yourself!

Enjoying Our Podcast?

We have over 150 episodes to listen to! Join over 2,167 daily listeners that pursue financial freedom.

By entering your email, you agree to our Terms of Service and Privacy Policy.

Other Podcasts

E151 – Traditional and Roth IRAs

As promised to be included in this series on retirement, here are facts that you need to know about Traditional and Roth IRA, as the two most popular types of IRAs. Check this episode and learn more about your journey to financial freedom.


Listen »

E150 – Damion Lupo of Qualified Retirement Plan

Damion Lupo is the author of many books but we are going to talk mostly about his book called The QRP book today. Damion has actually appeared on the show before, where he has talked about how he went from being a multi-millionaire to being broke and building his net worth back up again.

Listen »
About the Podcast
Chain of Wealth

Chain of Wealth

The Chain of Wealth podcast is a biweekly podcast boasting over 350,000 downloads. We interview inspirational guests about money topics. You can learn more about us here.

Share On
Share on facebook
Share on twitter
Share on linkedin

Leave a Reply

Your email address will not be published. Required fields are marked *