Issues With "Die With Zero" & Small-Cap Value - Karsten Jeske (Big ERN) | MHFI 280

Doug chats with Karsten Jeske (aka Big ERN) about his journey to early retirement, living frugally yet enjoying luxuries like travel, and the balance between saving & spending effectively.  Karsten provides his thoughts on the book “Die With Zero”, analyzing its advice on spending & saving in retirement, and highlighting potential issues within its financial recommendations.  He also addresses the controversial topic of investing in small-cap value stocks and analyzes historical performance.  And of course, Doug & Karsten chat about a delicacy called asparagus.

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• Guitar Accessories
• Hiking & Outdoor
• Essentials for Sleep

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Links

• Connect with Karsten:
  • Early Retirement Now blog
  • Twitter/X
  • Facebook
• Early Retirement Now, “How useful is the “Die With Zero” retirement approach? – SWR Series Part 60”
• Early Retirement Now, “Can we increase the Safe Withdrawal Rate with Small-Cap Value Stocks? – SWR Series Part 62”
• Early Retirement Now, “Small-Cap Value Stocks: Diversification or Di-WORSE-fication?
• Bill Perkins, “Die With Zero”
  • Kindle
  • Hardcover
  • Paperback
  • Audiobook
• Paul Merriman
• MHFI Facebook group
• Doug’s site
• Check out Producer Chris’s new blog: Epic Financial Journey

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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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Email the show: [email protected]

0:00 Introduction

10:34 Underspending & estate planning

16:35 Early retirement & time bucketing

22:30 Analysis of Die With Zero spending formula

30:52 Cherry-picking data 

37:46 (Increased) spending in retirement

46:02 Exploring small-cap value stocks

53:04 Diversification or Di-WORSE-fication?

1:02:22 Future plans

1:07:28 Soundcheck – Parallel foods