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.
Do you like the podcast and want to support the show? Follow the link to find out how: https://milehighfi.com/support/
Curious to know exactly what products Doug uses? Check out his Amazon lists below. *Affiliate links below, so if you buy something or spend money, we might earn a commission. That helps the show and doesn’t cost you anything extra. Thank you!
Need custom stickers? Of course you do! We ALL do! Order them here using our affiliate link so that we might earn a commission: https://www.stickermule.com/dougcunnington
Links
—
Join the Mile High FI Club – It’s the 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
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
The mailbag fun continues with this episode. Here's what we tackled this time: Carl: what should Doug work on? Doug: what should Carl work...
Doug and Carl chat with financial educator, investing enthusiast, and author Brian Feroldi. Brian delves into early investment mishaps, his investing philosophy (focusing on...
Doug chats with Rusty about how to optimize the final year before (early) retirement, emphasizing the critical distinction between “one more year syndrome” vs....