FIRE in a Recession or When the Market Takes a DIVE [rebroadcast] | MHFI 225

July 23, 2024 00:39:55
FIRE in a Recession or When the Market Takes a DIVE [rebroadcast] | MHFI 225
Mile High FI Podcast
FIRE in a Recession or When the Market Takes a DIVE [rebroadcast] | MHFI 225

Jul 23 2024 | 00:39:55

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Show Notes

Doug and Carl discuss the challenges of retiring during a market downturn.  They delve into the significance of Sequence of Returns Risk & inflation then propose strategies for financial management during recessions, such as cutting expenses, maintaining cash reserves, adjusting withdrawals, part-time work, and re-evaluating investments. 

Note: This is a rebroadcast of MHFI episode 133

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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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1500 Days, Carl’s Blog about Early Retirement

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0:00 Introduction

4:11 Introduction 2

9:29 Taylor Swift

14:28 Retiring during a recession

18:37 Sequence of returns risk & inflation

23:11 Mitigating Sequence of Returns Risk & inflation

28:51 Other strategies for a downturn

34:28 First decade matters the most

38:43 Blooper- Failed quote

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