Buy Borrow Die for FI and Mailbag Questions - Rusty | MHFI 270

June 03, 2025 01:04:55
Buy Borrow Die for FI and Mailbag Questions - Rusty | MHFI 270
Mile High FI Podcast
Buy Borrow Die for FI and Mailbag Questions - Rusty | MHFI 270

Jun 03 2025 | 01:04:55

/

Show Notes

Doug chats with Rusty about the intricacies of the ‘Buy, Borrow, Die’ strategy.  They discuss the mechanics of how the strategy works, benefits, potential risks, and answer related questions from listeners Nate and Sophia.  They also answer Alex’s question from the mailbag about claiming unemployment benefits ethically and navigating asset allocation during market volatility.

Rusty’s “Homework”: https://docs.google.com/spreadsheets/d/1qflSynVvMlxcBw1kkKBfG3HFQNJV05b8/edit?usp=sharing&ouid=100827824204716910905&rtpof=true&sd=true

Do you like the podcast and want to support the show?  Follow the link to find out how: https://milehighfi.com/support/

Use code MILEHIGHFI at GhostBed checkout for an additional 10% Off Already Low Prices!

June 2025 Livestreams: https://youtube.com/live/d2lTp4FMe4A?feature=share

Come hang out with Doug at CampFI Week 1.5, Mon July 7, 2025 – Thurs July 10, 2025: https://campfi.org/event/campfi-rm-250707/

Links

Join the Mile High FI Club – It’s the 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

Email the show: [email protected]

0:00 Introduction

3:15 Basics steps of Buy, Borrow, Die

9:01 Mechanics & benefits of the strategy

13:51 Risks & downsides

23:18 Mathematical projections & comparisons

28:33 ACA & tax considerations

36:53 Question: Claiming unemployment

44:02 Entitlement to unemployment benefits

48:46 Question: Reallocating due to market volatility

55:55 Market predictions

1:00:14 Soundcheck – Vacation packing

Other Episodes

Episode 0

May 23, 2023 00:57:27
Episode Cover

Retiree's Guide: Overcoming Frugality & Embracing Spending, Pt 2 | MHFI 162

Doug and Carl talk about the shift from saving to spending in retirement. It’s not always easy to go from being a big save...

Listen

Episode 0

June 25, 2024 00:56:43
Episode Cover

3 Buckets of FIRE, Long Term Care, Dating, Mailbag | MHFI 221

Doug and Carl answer questions from the Facebook mailbag. Branden – Basically Coast FI, but can’t pass up the tax advantages of a 401k...

Listen

Episode 0

September 16, 2022 01:34:33
Episode Cover

How To Find a FIREy Partner w/Mindy Jensen (Rebroadcast) | MHFI 111

In this episode, Doug and Carl interview Mindy Jensen, Carl's wife! Mindy and Carl talk about their first date, Carl's unhealthy obsession with coupons,...

Listen