Episode Details
Back to EpisodesMr. Money Mustache: FIRE Planning & Investing | MHFI 323
Description
Doug and Pete Adeney (Mr. Money Mustache) answer questions from the listener mailbag. They discuss costs of raising a large family on the path to FIRE, contrast the real-world math & culture of living in Canada vs the United States, map out high net worth investing strategies for seven-figure portfolios, and dive deep into the psychology of holding cash.
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Links
- Pete Adeney/Mr. Money Mustache
- The FI Collective
- Brad Barrett/ChooseFI
- Mark Trautman/Mark’s Money Mind
- Mr. Money Mustache, “My Unexpected Journey to Hormone Replacement (TRT)”
- MHFI Facebook group
- Doug’s site
- Check out Producer Chris’s 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
2:37 Question – FIRE planning with kids
9:17 Front-loading savings & investing
13:05 Question – Thoughts on Canada
18:45 Question – Pre-tax vs. post-tax investing
25:54 Question – Cash bucket
29:58 Fear vs. logic
34:27 Question – Testosterone Replacement Therapy
37:33 Question – Heating a hot tub
44:05 Soundcheck – Summer trips