Mile High FI Podcast

Doug and Mr. Money Mustache discuss choosing a place to retire, comparing Colorado’s costs and lifestyle with other locations. They also discuss geographic arbitrage and ways to explore potential places to live. I put together the MMM episode guide: Mr. Money Mustache Episode Guide & Index Links Pete Adeney/Mr. Money Mustache Chapters (00:00:00) - intro(00:02:28) - How State Taxes Affect Retirement(00:08:06) - Moving to Colorado and Finding Home(00:10:42) - Geo-Arbitrage: Finding an Affordable Place to Live(00:15:10) - Test-Drive a Town Before Moving(00:17:13) - Find Community Wherever You Go(00:19:58) - Wrap-Up and Listener QuestionsDo you like the podcast and want to support the show?  Follow the links to find out how:https://buymeacoffee.com/milehighfi Get MHFi Merch – It helps support the show. Get t-shirts & more [email protected] **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.**

Carl and I discuss Stoicism and how we respond to criticism. I talk a little more about the Lazy Book (again). This is a partial highlight episode. I took some of the best parts from a 2023 episode. Don't worry, there is new stuff, plus you probably forgot the episode. I know I did!  Chapters (00:00:09) - Stoicism and the Art of Taking Life Slower(00:04:17) - Time Wealth: Making Room for What Matters(00:05:49) - A Book About Laziness and Anti-Productivity(00:07:53) - Reaching Stoicism Overload(00:10:12) - Turning Insults Into Compliments(00:12:44) - Emotional Detachment and Stoic Practice(00:16:52) - Responding to Criticism With Curiosity(00:21:07) - Finding the Useful Truth in Criticism(00:23:41) - Anxiety, Busyness, and Leaving Earlier(00:27:15) - Letting Go of What You Can’t Control(00:29:07) - Insignificance, Happiness, and Freedom(00:30:50) - External Validation and Creative Work(00:34:32) - Planning a Writer’s Retreat(00:35:54) - Writing in Focused Bursts and Taking Breaks(00:38:36) - Creativity, Cannabis, and the Book RetreatDo you like the podcast and want to support the show?  Follow the links to find out how:https://buymeacoffee.com/milehighfi Get MHFi Merch – It helps support the show. Get t-shirts & more [email protected] **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.**

Just a few updates for Oct. Send your questions for an upcoming show. [email protected]  And I talk about fitness & fitness trackers. Chapters (00:00:00) - Intro(00:01:15) - Send Your Questions(00:02:23) - Xero Shoes Update(00:06:08) - Fitness Tracking Changes(00:12:29) - Quitting Optimization Podcasts(00:14:02) - Retirement Shoutout(00:14:25) - Wrap UpDo you like the podcast and want to support the show?  Follow the links to find out how:https://buymeacoffee.com/milehighfi Get MHFi Merch – It helps support the show. Get t-shirts & more [email protected] **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.**

A listener asks about stepping back from work and how a 6.25% withdrawal rate might impact his family's lives. Rusty joins me to discuss the lifestyle implications, how a 6.25% withdrawal rate, and 50% success rate might be a really good move. It's not financial, legal, or tax advice...it's just our thoughts. Chapters (00:00:05) - Welcome(00:01:07) - A Listener’s Early Retirement Dilemma(00:02:34) - Anton’s Family, Finances, and FIRE Plans(00:05:07) - Time with Kids Versus Financial Certainty(00:09:39) - What Is Financial Independence For?(00:10:29) - Summer Break in the Mountains(00:13:44) - Rethinking Failure in Early Retirement(00:22:07) - FU Money and Returning to Work(00:31:28) - What a “Failed” Retirement Really Means(00:34:43) - What Retirement Calculators Leave Out(00:44:20) - Accessing Retirement Accounts Early(00:50:23) - Housing, Family Pressure, and Personal Values(00:53:40) - Choosing Your Own Path(00:57:52) - Prioritizing Life Over Success Rates(00:59:38) - Doug’s Blu-ray Player PurchaseDo you like the podcast and want to support the show?  Follow the links to find out how:https://buymeacoffee.com/milehighfi Get MHFi Merch – It helps support the show. Get t-shirts & more [email protected] **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.**

Doug and MMM answer a voicemail. A listener wants to know "what is enough?" He's 41, net worth of about $3.2M, paid off house, $1.75 million in retirement accounts, $200K in cash, and $750K in stocks in a brokerage account. Expenses are around $60,000 per year. I put together the MMM episode guide: Mr. Money Mustache Episode Guide & Index Links Pete Adeney/Mr. Money Mustache Chapters (00:00:13) - Disclaimer and Episode Setup(00:01:46) - What Is Enough?(00:06:11) - Rob’s Financial Picture(00:08:16) - Safe But Still Working(00:13:40) - Why Goalposts Move(00:20:51) - Lumpy Expenses Explained(00:25:33) - Other People’s Expectations(00:28:30) - Sunk Costs and RSUs(00:32:37) - Life After Work(00:37:54) - Quit the Wrong Job(00:39:38) - Camp Fi and Fear Talk(00:42:32) - Road Trip Reflections(00:43:58) - Bogleheads and New VenturesDo you like the podcast and want to support the show?  Follow the links to find out how:https://buymeacoffee.com/milehighfi Get MHFi Merch – It helps support the show. Get t-shirts & more [email protected] **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.**