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

/

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

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)

Head over to Buy Me A Coffee and help support us, so that we can FINALLY make the mesh t-shirts that we’ve been talking about since this episode originally aired in 2022.

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

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

Other Episodes

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

Episode 0

February 28, 2023 01:06:34
Episode Cover

Mailbag | MHFI 150

It’s another Mail Bag episode! Doug and Carl answer questions about Umbrella insurance policies Does the 4% Rule still apply in light of recent...

Listen