How to Avoid (or Escape) the Middle-Class Trap and Retire Early

Summary

The episode explains the middle-class trap, which occurs when a high net worth is tied up in inaccessible assets like home equity and pre-tax retirement accounts, hindering financial freedom. Hosts outline strategies to avoid this by diversifying asset allocation, especially towards accessible, after-tax accounts, and considering the tradeoffs between present lifestyle and long-term financial goals.