Is high income necessary for FI, Spending After FI, Mailbag | MHFI 041

In this mailbag episode, Doug and Carl answer questions from listeners. Here’s what we covered:

• How is Carl planning for his kids’ college expenses?
• What things should you keep in mind when discussing a trust with a lawyer?
• What’s up with the Vanguard 2040 target date fund issuing massive capital gains distributions in 2021?
• What were our favorite microbrews of 2021?
• What was the best personal and professional part of 2021 for us?
• Do you need a high salary (or risky investments) to chase FI?
• Doug made a lot of 2022 resolutions for Carl, but doesn’t do them himself. What’s up with that?
• What do you spend money on that you really value?

Links:

• Check out Carl’s talk at Econome! (on YouTube)
• Kyle Landis-Marinello’s website
• Bozeman Brewing Company

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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.**