
Oversaving Debate & Retiring to Something... Or Not - Kristen Knapp - Kristen Knapp | MHFI 311
Mile High FI PodcastShow Notes
Doug and Kristen Knapp (FI Friends Travel) dive into a listener-submitted topic from Dell regarding the potential benefits of oversaving. Doug & Kristen discuss the pros & cons of oversaving, the necessity of having a plan for “retiring to something” after work, and explore the psychological shifts that occur when you no longer need a paycheck. They also tackle common traps in the FI community such as “One More Year Syndrome”, golden handcuffs, and identity issues tied to a career. 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!
Guitar Accessories Hiking & Outdoor Essentials for Sleep
Want to order MHFI stickers/temporary tattoos or create your own 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
FI Friends Travel ChooseFI local groups EconoMe Conference CampFI Mark Trautman/Mark’s Money Mind Kevin Sebesta on MHFI episode 302 Morgan Housel, “The Art of Spending Money”
Kindle Hardcover Paperback Audiobook
Bill Perkins, “Die With Zero”
Kindle Hardcover Paperback Audiobook
MHFI Facebook group Doug’s site Check out Producer Chris’s blog: Epic Financial Journey
— 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 4:17 D...
More from Mile High FI Podcast
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.
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.
Laziness has a branding problem. Justin Peters and Doug talk about idleness, anti-productivity, and intentionally doing less stuff. FI Minded – Financial Independence Without the Extremes Do 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 **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.**
Mr. Money Mustache and I worked on something cool! Do 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 **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.**
Rusty and I talk about whether listener, April, should consider a higher paying role as a manager or stay as an individual contributor. This topic was inspired by our episode on quiet quitting. Do you like the podcast and want to support the show? https://buymeacoffee.com/milehighfi **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 Email the show: [email protected] 00:00 Welcome Back and Not Advice 00:51 Quiet Quitting Email Setup 03:42 April’s Dilemma and Timeline 09:29 Manager vs IC Tradeoffs 14:27 Overachievers and Winding Down 34:43 Coasting for Meaning 36:09 Downtime Hobbies 39:02 Retirement Burnout Myth 42:32 Government Job Perks 49:08 Stay IC for Now 55:02 Stand-Up Comedy Class