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.
Be sure to check out the new GhostBed Massage Topper. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI)
Do you believe community is important as well? If so, hang out with us in our Facebook group or over at Buy Me A Coffee.
Links
—
Join the Mile High FI Club – It’s our email list!
Get MHFi Merch – It helps support the show. Get t-shirts & more
**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.**
Brought To You By:
The Doug Show, aka Affiliate Marketing & Side Hustles
1500 Days, Carl’s Blog about Early Retirement
Email us here: [email protected] or [email protected]
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
Doug chats with two recent retirees, his wife Elizabeth & friend Dusti. They share vital tips and lessons they’ve learned, including financial planning, healthcare...
Doug and Amberly talk all about credit, from tips for higher credit scores to tackling common myths via a game of True/False. Doug also...
Guest host Jake Simon stopped by to talk about the golden handcuffs. We discussed the different types of golden handcuffs (like stock options that...