Show Notes
We need your questions. So ask questions, plus you get the first mention of asparagus on MHFI. It was episode 9. It’s ridiculous. Record a voice memo. Send to [email protected]. You can send your text based question as well. Please let me know if you’re a Buy Me a Coffee Supporter.
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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.
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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