How Tyson Built the FI Tool that Grows With You | OnTrajectory

Fire Drill

One of the keys to reaching financial independence is having certainty. Tyson created the amazing retirement tool called OnTrajectory, that helps people measure and plan for FI. It's a combination of the complicated financial calculations used by financial advisors with some great analytical visuals. Tyson also tells us his personal FI story and how came to creating such an amazing tool. You'll love his story. We also chat about... How he started programming at 13 The start of his money journey Certainty and electric shocks How he changed his mentality when he had to go to a combat zone The money dummy with OnTrajectory His personal FI story Enjoy this chat with Tyson, and please subscribe to us in iTunes if you enjoyed it! Show notes and links from today's episode OnTrajectory tool Youtube videos Key takeaways from our chat with Tyson 1 - You're much better off with certainty One of the reasons Tyson created the tool OnTrajectory was to help people be more certain of their future. He compares this to an experiment done on people using electric shocks; those who didn't know when the electric shock was going to happen were much more stressed than those who did. OnTrajectory is built to help you know when you can quit your job, so you can plan more easily and be less stressed overall. 2 - Sometimes all you need is to face it Tyson thought himself lucky for not being sent into the combat zone - but then he was. Instead of feeling unlucky and sorry for himself he decided to view it from a different angle; not many people get to fly military helicopters in a combat zone, he was defending the rights of humans and would get to tell stories about it. That instant mindset change made him look forward to the war instead of hating every bit of it. Think about it - is there a different angle you could take towards your job? 3 - Listing out possible scenarios can change your life With the OnTrajectory tool you're able to list different scenarios of your life and what could happen - this means being able to plan better and more efficiently. Tyson tells us how the tool allowed somebody to assess whether he could buy a boat and go off sailing - and that's what he ended up doing. Tyson also built this tool with financial independence in the back of his mind, meaning you can see what would happen if you retired very early or later. As he says it, the tool grows with you, as you add different statistics and numbers into it. Questions? Like or dislike? Leave us a comment! Want to support the podcast? Here are three things you can do. 1. Start tracking your net worth with Personal Capital using our link. It's free. 2. Subscribe to our YouTube Channel and get one extra LIVE episode from us per week. 3. Join our Facebook group and connect with other members of the FI community.