Accidental FI at Age 45 & 48 - Darren & Jolene | MHFI 228

Doug chats with early retirees Jolene & Darren about their path to financial independence and early retirement.  The couple shares their experience from 20-year careers in agronomy, high savings rates, and the impact of discovering the FIRE movement in 2018.  They discuss life changes including downsizing possessions, international travel, utilizing the 72T rule to access retirement funds early, health insurance options, the benefits of South Dakota residency, and the importance of community.

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Do you believe community is important as well?  If so, hang out with us in our Facebook group or over at Buy Me A Coffee.

Links

• Dare to Draw Down
• CampFI
• ChooseFI podcast
• Doug’s other podcast, “The Doug Show”
• Smart Passive Income Podcast with Pat Flynn
• The Authority Hacker podcast
• Empower (formerly Personal Capital)
• NewRetirement
• Nectarine, Advice-Only Financial Advisors
• “Playing with Fire” movie
• Bill Yount/Catching Up To FI
• Go With Less
• Mark Trautman
• Retirement and IRA Show podcast
• MDsave
• Escapees RV Club
• 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

3:39 Discovering Financial Independence

8:44 One of these FIRE people

13:06 Obtaining the confidence to retire

21:14 Tracking expenses & asset location

26:15 Using a 72T in retirement

38:32 Transitioning into retirement & retiring to something

43:09 Hiking in Europe

51:46 Memorable meals & sleep while traveling

57:54 Downsizing

1:06:39 Implementing the 4% rule & changing expenses

1:14:13 Health insurance & South Dakota residency

1:25:49 Soundcheck – CampFI