Doug chats with Colorado resident Rusty about life after achieving financial independence.  Rusty shares his journey from growing up debt-averse to his career as a lawyer and then retiring at a young age.  He shares challenges with securing mortgages without traditional income, tackling healthcare, and the importance of learning new skills & staying active.  Rusty also describes a unique withdrawal strategy called “Buy, Borrow, Then Die”.

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Links

• Carl Jensen
• The New York Times, “How to Retire in Your 30s With $1 Million in the Bank”
• Brad Barrett/ChooseFI
• Mr. Money Mustache
• MHFI Facebook group
• Doug’s site
• Check out Producer Chris’s new blog: Epic Financial Journey

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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.**

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Email the show: doug@milehighfi.com

0:00 Introduction

2:28 Discovering FIRE & Rusty’s background

9:19 Saving & debt-avoidance

14:44 Retirement & last working days

19:12 Moving to Colorado

26:34 Obtaining a mortgage in retirement

35:01 Buying a second property

39:19 Lifestyle changes & learning new skills

47:09 Healthcare

52:16 Buy, borrow, then die

1:03:28 Soundcheck – Home impressions