Is $1.7M Enough To Retire? ... It's not so simple...| MHFI 098

August 02, 2022 00:49:13
Is $1.7M Enough To Retire? ... It's not so simple...| MHFI 098
Mile High FI Podcast
Is $1.7M Enough To Retire? ... It's not so simple...| MHFI 098

Aug 02 2022 | 00:49:13

/

Show Notes

In this episode, we talk to Steve, who recruited us to chime in on whether he is ready to retire. His net worth sits at about $1.7 million, including $30k in a college fund, $760k in brokerage accounts, $1.4 million in real estate, with about $900k in equity. He has eight rental properties that cash flow about $1,000 a month. Is he ready to pull the trigger? We go through his concerns and all the details.

Other Episodes

Episode 0

May 27, 2022 00:17:03
Episode Cover

How to Cope When Tech Stocks Take a HIT | MHFI 079

Stocks are down, especially tech stocks. Doug and Carl talk about their feelings and how they cope with losing money.

Listen

Episode

March 26, 2024 00:55:06
Episode Cover

Telling People You're Retired or Wealthy | MHFI 208

Doug and Carl (along with special guest co-host Georgie the dog) explore the concept of stealth wealth.  Each provides their personal money story &...

Listen

Episode

April 16, 2024 00:50:31
Episode Cover

Evolution of FIRE and EconoMe 2024 | MHFI 211

Recorded in the hotel lobby on the last day of the EconoMe conference, Doug and Carl reflect on some of the presentations and conversations...

Listen