My Wife Retired Early!!! | MHFI 212

Carl chats with Doug and his wife Elizabeth who recently left her career and retired early.  Elizabeth discusses her introduction to Financial Independence and some of the skepticism she initially had while also walking through some of the specifics about actually leaving her job (making the decision, having a solid financial plan in place, and describing her last day at work).  She goes on to share insights on adjusting to retirement, staying mentally active, societal perceptions of retiring early, the importance of finding joy outside work, and the importance of having a purpose post-retirement.

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Are you an early retiree looking for something to fill your time or to provide purpose?  If so, come over to Buy Me A Coffee and hang out with us.

Links

• Mr. Money Mustache
• Bogleheads forum
• Tim Ferriss podcast, “Mr. Money Mustache — Living Beautifully on $25-27K Per Year (#221)”
• BiggerPockets Money podcast, Episode 153 with Bill Bengen
• CampFI
• EconoMe Conference
• Mile High FI Facebook Group
• Doug’s site
• Carl’s blog: 1500 Days

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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.**

Brought To You By:

The Doug Show, aka Affiliate Marketing & Side Hustles

1500 Days, Carl’s Blog about Early Retirement

Email us here: doug@milehighfi.com or carl@milehighfi.com

0:00 Introduction

1:58 Discovering FIRE

7:48 Good financial habits, tools, & practices

13:19 FIRE skepticism

18:49 Overcoming uncertainty & leaving work

23:34 Debate on the 4% rule

29:41 Working again after retirement

36:23 Pulling the trigger to actually quit

43:51 Single point of success

49:44 Last day of work & what happens next

54:48 Retirement worries

1:00:38 Telling friends & family about retirement

1:08:48 FI events & the perfect day

1:16:27 Soundcheck – Envelopes