Doug continues his conversation with Jennifer about reaching Financial Independence and subsequently retiring in about two years while living in a high cost-of-living area. Jennifer shares the details of a car accident that served as a life-changing catalyst, her transition into early retirement, and specific technical strategies like utilizing a 72(t) that allowed her to accelerate her timeline. Jennifer also shares specific FI-related resources that helped with her journey.
Do you like the podcast and want to support the show? Follow the link to find out how: https://milehighfi.com/support/
Curious to know exactly what products Doug uses? Check out his Amazon lists below. *Affiliate links below, so if you buy something or spend money, we might earn a commission. That helps the show and doesn’t cost you anything extra. Thank you!
Want to order MHFI stickers/temporary tattoos or create your own custom stickers? Of course you do! We ALL do! Order them here using our affiliate link so that we might earn a commission: https://www.stickermule.com/dougcunnington
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
1:24 Car accident & wake-up call
7:10 Identity & work optionality
11:43 Passive income
16:17 Exploring a 72(t)
20:35 Barista FI ideas
27:52 Dealing with unstructured time
34:05 Housing & investing lessons
41:06 Follow-up: Hitting FI in two years
45:59 Follow-up: FI resources
Doug and Producer Chris chat about a very controversial topic in the FIRE community – working with a financial advisor. They explore the reasons...
Doug chats with Rusty about how to optimize the final year before (early) retirement, emphasizing the critical distinction between “one more year syndrome” vs....
Mindy and Carl catch up with long-time friend Brandon, the Mad Fientist, to discuss the balance between spending, saving, and maintaining happiness. Brandon details...