How to Money Ask HTM - Early Retirement Target Date Funds, Frugal Personal Hygiene, & Coercive House Painting #991
Jun 2, 2025
This episode dives into listener questions about early retirement and target date funds. Discover frugal tips for personal hygiene and the ethics of snagging incorrectly priced items. The discussion also addresses challenges with homeowners insurance and the peculiar demands of paint colors. Plus, it critiques high-cost FIRE ETFs and emphasizes low-cost investing strategies. A fun debate on razor choices brings humor to the topic of frugality, all while offering insights into proactive financial planning for a secure future.
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High Fees Doom FIRE ETFs
- FIRE-specific ETFs have too high expense ratios to be attractive for early retirees.
- Lower-cost index funds remain the better choice for most investors seeking financial independence.
Choose Target Date Fund By Withdrawal
- For early retirement, consider target date funds with longer dates for more stock exposure.
- Avoid switching to a fund targeting earlier retirement if you plan to work part-time after quitting full-time.
Seize Mispriced Deals Confidently
- Don't hesitate to buy mispriced items if it saves money and suits your needs.
- Stock up on bulk deals and dry razor blades after use to extend life and savings.