2014: How to Set Up a Million Dollar Retirement by Age 21

If you've ever felt like the math just doesn't work anymore, that you're doing everything right and still coming up short on rent, groceries, and student loans, this episode is for you.

Freddie Smith spent nearly twenty years acting, including nine years on Days of Our Lives, before a business manager who was supposed to be handling his money instead stole it and stopped filing his taxes. He found out when the IRS came looking for three years of back payments, with interest and penalties on top. Then came the pandemic. He lost the show, moved to Florida, and had to rebuild his finances from zero in a brand new career.

That personal collapse turned into a mission. Freddie started sharing what he was learning about taxes, investing, inflation and the Fed on TikTok and Instagram, not as an expert, but as someone figuring it out in real time alongside his audience. That honesty struck a nerve. He's built a community of two million people in three years, and it's now the subject of his new book, Generation F*cked.

In this conversation, Freddie and I get into why he thinks the real crisis for millennials and Gen Z isn't financial illiteracy, it's wages that haven't kept pace with the actual cost of living. We talk about his "big four" (housing, student loans, childcare, and healthcare), why he thinks college needs a hard math test before anyone signs on the dotted line, his wild but genuinely compelling case for how an 18-year-old could retire with millions just by investing early, and why he's cautiously optimistic that his generation is about to be the one that finally changes the system. How's midlife going? Fill out Farnoosh's survey and help shape the podcast in 2027.

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