Doug and Carl chat with Frances & Peter to analyze the couple’s financial situation and determine the viability of their Coast FI strategy. They discuss investment strategies, personal financial goals, maintaining a balance between frugality & enjoying life, the potential of leveraging real estate, and other financial planning aspects.
Note: This is a rebroadcast of MHFI episode 186
This episode is brought to you by GhostBed. Doug has the GhostBed Luxe Mattress and loves it! Take the 3 minute sleep quiz to see which mattress is right for you. Save 50% site-wide on your new mattress, bed frame, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI)
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Looking for help with your estate plan? Trust & Will provides online tools for creating, you guessed it… trusts and wills. For those who don’t have any estate planning documents in place, this could be a good option to get started. We’re affiliates so we can earn a commission if you sign up. Thanks for the support.
https://milehighfi.com/trustandwill
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Links
(*Some affiliate links so we might earn a commission if you buy something)
Modern Bookkeeping Services
Carl Jensen
The FIoneers on MHFI episode 084
Mad Fientist podcast, “1500 Days Podcast Takeover”
Mr. Money Mustache
Tim Ferriss, Mr. Money Mustache episode
BiggerPockets
Mr. Money Mustache, “What to Do About These High Interest Rates”
Bill Perkins, “Die With Zero”
Kindle
Hardcover
Paperback
Audiobook
Diania Merriam
EconoMe Conference
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: doug@milehighfi.com
0:00 Introduction
4:01 Coffee & asparagus
10:58 Coast FI definition
15:23 Retirement goals
21:08 Current housing situation
26:38 Roadblocks
32:02 Frugal in recovery
39:58 Envisioning the ideal life
45:42 Work situations & moving
51:58 Diving into the numbers
1:02:26 Resolving the housing situation
1:07:50 What would Carl & Doug do?
1:14:51 Soundcheck – The big event
