Coast FI or Slow FI - Best Way to Retire Early - Kristen Knapp | MHFI 247 | Mile High FI Podcast скачать в хорошем качестве

Coast FI or Slow FI - Best Way to Retire Early - Kristen Knapp | MHFI 247 | Mile High FI Podcast

Doug chats with Kristen Knapp about Coast FI & Slow FI.  They explore benefits of both strategies, including reduced stress & greater life satisfaction, insights into part-time work, investing strategies, & intentional spending/saving.  They also answer questions from Facebook. Melanie - What’s the difference between SlowFI & saving for retirement like a Regular Joe? David - When someone is Coast FI, does sequence of returns risk from that moment hit them harder or softer? Retirees can reduce spending if the market turns down, but if you're drawing no money? 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) https://www.ghostbed.com/milehighfi Save With Mint Mobile! New customers can get 3 months of unlimited premium wireless for $15/mo. Doug’s phone bill went from $1440/yr to $360/yr for him and his wife. It’s super easy to switch and you can use your existing phone. If you use the MHFI link, it won’t cost you extra and it helps support the show. Buy 2 months, get 1 month free limited time offer available until January 2, 2025 at 11:59pm PST for new customers and at select channels only. Use promo code: FREEMONTH. “One month free” applied as $15 discount at checkout on 3-month 5GB plan only – upfront payment of $30 required, w/taxes & fees extra. One-time discount applied for first 3 months only. Not combinable/available with certain other promotions/offers. https://milehighfi.com/mint 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 Need a fee only advisor? Nectarine is a network of financial advisors where you just pay for investing & planning advice. Advisors don’t manage your money, sell products, or earn commissions. We’re affiliates so we can earn a commission if you sign up. Thanks for the support. https://milehighfi.com/nectarine Help Doug pay for his new e-bike by providing support at Buy Me A Coffee. https://www.buymeacoffee.com/milehighfi Links (*Some affiliate links so we might earn a commission if you buy something) Connect with Kristen Email: [email protected] FI Friends Travel website: https://fifriendstravel.com/ Kennel Enrichment Program (Humane Society) https://hsmo.org/in-shelter/ MHFI Facebook group https://milehighfi.com/facebook EconoMe Conference https://economeconference.com/ CampFI https://campfi.org/ Carl Jensen https://www.1500days.com/ ChooseFI Local Groups https://choosefi.com/local-groups-in-... Bill Perkins, “Die With Zero” Kindle: https://www.amazon.com/dp/B07T5LSF1J/... Hardcover: https://www.amazon.com/dp/0358099765/... Paperback: https://www.amazon.com/dp/0358567092/... Audiobook: https://www.amazon.com/dp/B089MFKS77/... JL Collins, “Simple Path to Wealth” Kindle: https://www.amazon.com/dp/B01H97OQY2/... Hardcover: https://www.amazon.com/dp/1737724103/... Paperback: https://www.amazon.com/dp/1533667926/... Audiobook: https://www.amazon.com/dp/B0725RFDPY/... Dave Ramsey, “The Total Money Makeover” Kindle: https://www.amazon.com/dp/B0CLKZKW54/... Hardcover: https://www.amazon.com/dp/140034252X/... Paperback: https://www.amazon.com/dp/1404116842/... Audiobook: https://www.amazon.com/dp/B0CNDCXZ5P/... Pete Adeney/Mr. Money Mustache https://www.mrmoneymustache.com/ Get Rich Slowly https://www.getrichslowly.org/ Doug’s site https://dougcunnington.com/ --- Join the Mile High FI Club - It's our email list! http://milehighfi.club/ Support the Show (and get exclusive content!) https://milehighfi.com/donate 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. -- The Mile High FI Website https://milehighfi.com/ On Apple Podcasts https://milehighfi.com/apple On Spotify https://milehighfi.com/spotify E-mail [email protected] 0:00 Introduction 6:53 Defining Coast FI 12:42 Working vs. passion projects 18:42 Coast FI calculations 25:18 Limitations of Coast FI 34:04 Question - Slow FI vs. regular retirement savings 38:29 Question - Sequence of Returns Risk & Coast FI 47:21 Lifestyle upgrade vs. delaying FI 50:48 Advice to younger selves 57:56 Financial role models 1:04:11 Soundcheck - Testing hobbies