Doug chats with early retirees Jolene & Darren about their path to financial independence and early retirement. The couple shares their experience from 20-year careers in agronomy, high savings rates, and the impact of discovering the FIRE movement in 2018. They discuss life changes including downsizing possessions, international travel, utilizing the 72T rule to access retirement funds early, health insurance options, the benefits of South Dakota residency, and the importance of community.
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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.**
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0:00 Introduction
3:39 Discovering Financial Independence
8:44 One of these FIRE people
13:06 Obtaining the confidence to retire
21:14 Tracking expenses & asset location
26:15 Using a 72T in retirement
38:32 Transitioning into retirement & retiring to something
43:09 Hiking in Europe
51:46 Memorable meals & sleep while traveling
57:54 Downsizing
1:06:39 Implementing the 4% rule & changing expenses
1:14:13 Health insurance & South Dakota residency
1:25:49 Soundcheck – CampFI
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