Doug and Pete Adeney (Mr. Money Mustache) answer questions from the listener mailbag. They discuss costs of raising a large family on the path to FIRE, contrast the real-world math & culture of living in Canada vs the United States, map out high net worth investing strategies for seven-figure portfolios, and dive deep into the psychology of holding cash.
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0:00 Introduction
2:37 Question – FIRE planning with kids
9:17 Front-loading savings & investing
13:05 Question – Thoughts on Canada
18:45 Question – Pre-tax vs. post-tax investing
25:54 Question – Cash bucket
29:58 Fear vs. logic
34:27 Question – Testosterone Replacement Therapy
37:33 Question – Heating a hot tub
44:05 Soundcheck – Summer trips
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